 | | | August 19, 2008
North American Tungsten Advances Mactung 2008 Summer Program And Feasibility Progress
|
| | North American Tungsten Corporation Ltd. (TSX-V: NTC) (the "Company") is pleased to announce that it has mobilized crew and equipment in support of its 2008 summer program. Surface diamond drilling is well advanced on its 100% owned Mactung property. The Mactung property is located in the Selwyn Mountain Range and covers the area around Mt. Allan in the Yukon Territories, approximately eight kilometres northwest of MacMillan Pass. Further geotechnical and definition drilling, as well as environmental surveys have been initiated in the area for a summer work program budgeted at $3.2 Million.
The scope of the work for summer 2008 includes:
- Fill-in drilling on the middle and east end of the deposit to intersect the 2B underground Zone (Area of proposed first five years of potential mining)
- Surface Drilling for mill and tailings site
- Geotechnical drilling for water retention dam, mill site and U/G main conveyor/crusher
- Air photography and topographic contour mapping for the Yukon Access Road and the mine site area
- Advanced environmental surveying for road access routing and pump house location. These surveys cover wildlife, fisheries, raptors, hydrometeorology, vegetation, hydrogeology and archaeology.
North American Tungsten is presently conducting on going community consultations and working with First Nations on various initiatives, including the collection of Traditional Knowledge within the area. Communications are also continuing with regulatory agencies to optimize the time required for permitting.
The Mactung feasibility study, being completed by Wardrop Engineering of Vancouver is well advanced, and is expected to be available in the near future.
ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD
The Company is a publicly listed Tier 1 Junior Resource Company engaged primarily in the operation, development, and acquisition of tungsten and other related mineral properties in Canada. The Company's 100% owned Cantung mine and Mactung development project make it one of the few tungsten producers with a strategic asset in the western world. Mactung is one of the world's largest known undeveloped high grade tungsten-skarn deposits.
ON BEHALF OF THE BOARD OF DIRECTORS
"Stephen M. Leahy"
Stephen M. Leahy
Chairman & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note
The Company relies upon litigation protection for "forward-looking" statements.
INVESTOR CONTACT:
Toni Williamson
Corporate Geologist
info@natungsten.com
P: +1.416.602.2665
www.northamericantungsten.com |
| |
| | You can view the Next News Releases item: Thu Aug 28, 2008, North American Tungsten Releases June 30,2008 Third Quarter Financial Results - Producing 16,232 MTU's WO3 And $3 Million Increase In Sales Over The Previous Quarter
You can view the Previous News Releases item: Thu Aug 14, 2008, North American Tungsten Continues To Intersect High Grade Ore At Cantung Including 22Ft @ 2.98% Wo3, 20Ft @ 3.31% Wo3 And 15Ft @ 4.34% Wo3.
You can return to the main News Releases page, or press the Back button on your browser.
|
|
