North American Tungsten Corporation Ltd.

North American Tungsten Corporation Ltd.

November 02, 2007 08:00 ET

North American Tungsten Commences Feasibility Study of Mactung Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 2, 2007) - North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) -


- Wardrop Engineering Inc. completes in-house review of historical feasibility studies.

- NTC signs feasibility proposal and Wardrop begins study on the Mactung Project.

- Mactung feasibility team being assembled.

Mactung Project:

North American Tungsten Corporation Ltd. (the "Company") is pleased to announce that Wardrop Engineering Inc. ("Wardrop") has completed an in-house review of historical feasibility studies on the Company's 100% owned Mactung project. The review was based on historical data and multiple feasibility studies conducted by the previous property owners, AMAX, of the Mactung project.

The Company has engaged Wardrop to immediately initiate a full feasibility study on the Mactung project. This study is expected to take 9-12 months and results will be made public upon completion.

Mactung is a strategic asset due to its size, grade and location and is one of the largest known undeveloped high grade tungsten-skarn deposits in the World. The Mactung Project has indicated resources of 33.0 million tons grading at 0.88% WO3 and an inferred mineral resource estimate of 11.3 million tons grading at 0.78% WO3 in accordance with CIM classifications pursuant to NI 43-101.

The Company is also pleased to announce the addition of Mr. Wade Stogran and Mr. Matt Bolu to the Mactung Feasibility team. Together, Mr. Stogran and Mr. Bolu bring over 60 years of experience in development, environmental and community relations in the mining industry to the company. Mr. Stogran has a solid track record of managing environment, health, safety and community relations in the mining industry. He holds a Bachelor of Science majoring in Biology and Botany from UBC and more recently completed a post-graduate course from the Western Business School (UWO). Mr. Stogran, who will start with the company in January 2008, has worked in the Mining Environmental fields as a consultant and for numerous large mining companies, the most recent being Aur Resources and Teck Cominco Ltd. He is also a trained lead environmental auditor (International Register of Certified Auditors (IRCA) and Training Certification (IATCA)).

Mr. Bolu, P.Eng., is a consulting metallurgical engineer and has worked in the mining industry for over 30 years. His professional experience includes process design/development, plant operations/management, project feasibility/economic studies and plant commissioning. He has worked at the Uludag Wolfram and the Cantung mines as well as in tantalum, gold, and copper mines from the 1970's through to 2000, and has been involved in engineering and design/development of a number of tungsten projects around the globe including Mactung, Canada, and Nui Phao, Vietnam. Mr. Bolu holds an M.Sc. degree in Minerals Engineering from the University of Birmingham and is a member of APEGBC.

Mr. Stogran and Mr. Bolu will join Mr. David Tenney, C. Eng the Company's Exploration Manager, and Mr. Bill Strutt (Technical Services Superintendent of the Cantung Mine) as part of the Company's Mactung Feasibility study team. Mr. Tenney has over 35 years of experience in the geological exploration field and has been involved with the Mactung Project for a total of four years. Mr. Strutt has a diverse mining background spanning more than 30 years, focusing primarily on underground operations.


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.


Stephen M. Leahy, Chairman & CEO

Cautionary Note

The Company relies upon litigation protection for "forward-looking" statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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