Wednesday, August 26, 2009

North American Tungsten reports a net loss of $0.8 million for the third quarter 2009

HIGHLIGHTS:
  • CanTung Mine production up 13% to 83,430 metric tonne units (mtu's) over Q3 2008 (73,893 mtu's).
  • Updated Cantung Probable Mineral Reserve as of July 1, 2009 is estimated at 1.02 million tons grading 1.08% WO3.
  • Gross operating margin of $0.91 million in Q3 2009 compared to $0.96 million in Q3 2008.
  • Net loss (after gain on disposal of mineral property interest) of $0.8 million in Q3 2009 compared to a net loss of $1.3 million in Q3 2008.
VANCOUVER, BRITISH COLUMBIA: North American Tungsten Corporation Ltd. (or "the Company") (NTC: TSX-V) today announced its results for the three and nine months ended June 30, 2009, (the "Third Quarter" or "Q3" -- refer to the three month period ended June 30, 2009) including the results of operations at its Cantung tungsten mine in the Northwest Territories.

For the Third Quarter, the Company reports a net loss of $0.8 million after a gain on disposal of a mineral property interest of $1.0 million; by way of comparison, in Q3 of Fiscal 2008, the Company registered a net loss of $1.3 million. Sales revenues in Q3 were $15.0 million from 64,623 mtu's of concentrates and 9,026 mtu's of tungsten blue oxide ("TBO") and ammonium paratungstate ("APT") compared to $15.4 million in Q3 of Fiscal 2008 from sales of 65,140 mtu's of concentrates and 7,330 mtu's of TBO and APT. The gross operating margin remained stable at $0.91 million in Q3 2009 compared to $0.96 million in Q3 2008.

For details and the full release click here

Monday, August 24, 2009

Anchor Resources reported hitting broad intervals of antimony-gold-tungsten


Anchor Resources has reported additional broad intervals of antimony-gold-tungsten mineralisation were encountered and their drilling demonstrated excellent continuity of the Wild Cattle Creek deposit.Results are still pending from final four holes.

More about the company Click Here

Anchor Board - G Craighead (Exec Director), G Fallon (Non Exec Director) and T Woolfe (Managing Director)

Sunday, August 23, 2009

Hazelwoods 100% owned Cookes Creek Tungsten Project shows positive to start producing 2-3% of the world’s primary tungsten.

Final Assays Show Size and Grade - Updated Resource Model Imminent

All assays have been received from the recent in-fill drilling program at the Big Hill Tungsten Deposit.
Data have been integrated into a revised geological model and handed over to an external consultant
for an independent Mineral Resource update, which is expected to increase the category (that is,
confidence) of the Mineral Resource significantly.
The in-fill drilling within the known resource at Big Hill has intersected both large widths of scheelite
mineralisation that is considered amenable to bulk-mining and processing and narrower zones of high
grade material. Amongst the new results (refer Table 1);

92 metres @ 0.12% WO3 from 125 to 217 metres in hole 08BHRD055
20 metres @ 1.62% WO3 from 62 to 82 metres in hole 09BHD010
13 metres @ 0.25 WO3 from 115 to 128 metres in hole 09BHD005
17 metres @ 0.33% WO3 from 84 to 101 metres in hole 09BHD009
Includes 1m @ 2.66% WO3 from 91 to 92 metres
2 metres @ 1.30% WO3 from 16 to 18 metres in hole 09BHD006
1 metre @ 1.61% WO3 from 90 to 91 metres also in hole 09BHD006
1 metre @ 1.46% WO3 from 244 to 245 metres in hole 08BHRD056
10 metres @ 0.21% WO3 from 114 to 124 metres in hole 09BHD003

The current project concept is a bulk mining and processing operation that exploits the entire width of
the mineralised sequence, however there is evidence of higher grade tungsten zones within the Big Hill
Tungsten Deposit. Most of the existing Mineral Resource is within 100 metres of surface and many of
these higher grade zones can readily be accessed via open pit mining.
The Big Hill Tungsten Deposit has progressively been de-risked through intensive evaluation. The area
that comprises the Resource has been tested by more than 160 drillholes in a close-spaced pattern.
Only one third of the strike extent of the mineralised sequence has been resource drilled, and there are
also high grade tungsten exploration drilling results at the nearby McLeods Shear Zone.
Hazelwood looks forward to putting its 100% owned Cookes Creek Tungsten Project back into
production, producing 2-3% of the world's primary tungsten.

See full details Click Here

Thursday, August 20, 2009

28 feet of 0.18% WO3 - "Tungsten" intercepted by Sultan Minerals

Sultan Minerals Inc. (SUL-TSX-Venture) ("Sultan") is pleased to announce results from the first 6 diamond drill holes on its Jersey-Emerald Property in the Salmo area of British Columbia. Results of this drilling include significant tungsten mineralization, including 28 feet of 0.18% WO3 and 6 feet of 0.39% WO3. Drilling was initiated in June with a surface drill to investigate several new tungsten, zinc and molybdenum targets discovered in 2008 (see NR of June 23, 2009).

Two new target areas of the property were investigated by drilling. Two drill holes were completed approximately 1 kilometre east of the historic Jersey-Emerald mine, where preliminary results of regional airborne surveys indicate strong magnetic and conductive rocks are present. Four drill holes were completed approximately 1.5 kilometres south of the historic mine area (near Lost Creek) to test for the extension of tungsten mineralization discovered during a surface sampling program in 2008.

Preliminary results returned from sampling of drill core indicate significant tungsten mineralization existing in zones well away from the historic Jersey-Emerald mine area. In particular, the Lost Creek drilling (LC0901 through LC0903) returned elevated tungsten values from all 3 drill holes. Hole LC0902 returned the highest value for WO3, with 0.18% over 28 ft including 0.39% over 6 feet.

Drill Hole

Grid
North

Grid
East

Azmth/Dip

From (Feet)

To (Feet)

Width (Feet)

WO3
(%)

LC09-01

5437111

484583

302

112.00

188.00

76.00

0.12

Incl.

 

 

 

138.00

148.00

10.00

0.22

LC09-02

5437111

484583

302

167.00

195.00

28.00

0.18

Incl.

 

 

 

182.00

188.00

6.00

0.39

LC09-03

5437090

484559

300

127.00

174.00

47.00

0.10

Incl.

 

 

 

137.00

162.00

25.00

0.16

Incl.

 

 

 

147.00

152.00

5.00

0.20



Drill site preparation is currently underway for the recently acquired Victory Tungsten deposit, approximately 3 kilometres north of the historic Jersey-Emerald mine area. This drilling will verify the presence of tungsten mineralization reported by previous operators during exploration in the 1960's and 1970's. A zone of high grade tungsten mineralization, including 84,000 tons of 0.54% WO3, was outlined by the historic drilling.

A study of the potential for lead-zinc-silver remnant mineralization within and adjacent to the historic Jersey mine has been undertaken. It is expected that a preliminary resource estimate can be obtained from information provided by the large database accumulated by Sultan that summarizes historic and recent drilling. Several zones of remnant lead-zinc mineralization were observed in preliminary viewing of the 3-Diminsional models created by Sultan. As well, drill testing completed by Sultan in 2007 intersected widespread zinc mineralization marginal to the historic workings, suggesting that important zinc mineralization may extend to the east, west and south of the former mine. The Jersey Emerald was British Columbia's second largest lead-zinc mine. Giroux Consultants Ltd. has been contracted to provide the preliminary resource estimate.

For full details see the source at www.sultanminerals.com.


Map of the Area
Click to Enlarge

Tuesday, August 18, 2009

North American Tungsten improves mine life at Cantung with upgraded 43-101

North American Tungsten Corporation Ltd. ("NATCL", "the Company") is pleased to announce the updating of the Cantung Mine's mineral reserves as of July 1, 2009.

The Mine
The Cantung Mine is a primary producer of tungsten concentrate from underground mining operations.

Currently, the major features and facilities associated with Cantung are as follows:
  • The Cantung deposits, consisting of the Open Pit resource near surface, and the E Zone reserve, underground.
  • The physical plant site including an underground mine, a small open pit, process plant, diesel power plant, workshops, warehouses, administration buildings, a town site and single status accommodation, and an airstrip.
  • Waste rock dumps and a tailings storage facility.
The updated Mineral Reserves are summarized in Table 1-1.

Zone

Tons

Grade (WO3 %)

STU'S

West Extension

95,666

1.08

103,271

West Extension Below 3700 elv.

271,451

1.07

291,340

West Extension Below 3570 elv.

148,187

1.11

164,146

E-Zone

23,967

1.09

26,023

Main Zone Pillars

376,554

1.06

400,460

Central Flats

22,750

0.87

19,775

South Flats

45,287

1.33

60,444

PUG

30,390

1.17

35,536

Stockpile

6,447

0.73

4,706

TOTAL Probable Reserves

1,020,699

1.08

1,105,602

Notes:
  1. Mineral Reserves conform to CIM and NI43-101 requirements.
  2. All Mineral Reserves are classified as Probable.
  3. Mineral Reserves are estimated at a cutoff grade of 0.80% WO3.
  4. A minimum mining width of 15 feet was used.
NATCL notes that some mining zone nomenclature may cause confusion for those unfamiliar with the Cantung deposits. The E-Zone refers both to the entire underground orebody, and also to the few remaining stopes that do not fit into a subzone category such as Main, South Flats, or West Extension.

The reserve estimate is based on NATCL's forecast of a long-term base case G1 price scenario of US$205/MTU; an operating cost of $152.22 per ton milled and a cut off grade of 0.80% WO3 for the life of mine. The Mine has operated successfully in the past, however, it should be noted that it is a relatively high cost producer, and has experienced previous shutdowns during periods of low tungsten prices. In NATCL's opinion, the key risk to mine profitability lies in tungsten price sustainability and mined grades over the remaining mine life.

The Cantung Mine produces ore at a rate of 1,100 stpd. Mineral Reserves support a mine life of 2.5 years. Primary mining methods included, cut and fill and longhole stoping with and without delayed backfill, and pillar-remnant ore recovery using different techniques. Currently, longhole methods are planned for the majority of the remaining reserves, both for pillar recovery and for primary mining in areas with favourable geometry.

Processing is carried out by gravity and flotation circuits. Final products include a premium gravity concentrate (G1), containing 65% WO3 and a flotation concentrate containing 47% WO3.

Production and Exploration
When production is taken into account, Mineral Reserves have increased significantly since the previous reserve estimate in 2008. A significant portion of the increase in the reserves is a result of exploration and definition diamond drilling, as well as data mining (i.e. 3D modeling of the ore body and previously thought to be mined out openings).

There are Mineral Resources in the Open Pit/PUG Zone that could potentially be mined. Past open pit and PUG designs proposed production in the order of more than one year of mill feed.

As long as development and stope preparation continues in a timely manner, longhole mining should provide steady production at a lower cost than cut and fill mining. Longhole pillar mining carries a risk of lower grades from higher dilution; however, life of mine plan production estimates carry a reasonable and appropriate allowance for expected dilution.

The Company has announced a temporary suspension of production at its CanTung tungsten mine in the Northwest Territories, effective October 15, 2009 due to increased product inventory and declining tungsten prices. The mine will be placed on a care and maintenance program that will enable a timely and cost effective return to production when market conditions improve. (See News Release dated June 29, 2009)

MINERAL RESOURCE ESTIMATES

Mineral Resources for the Cantung Mine, as of July 1, 2009, are listed below in Table 1-2.

TABLE 1-2 CANTUNG INDICATED MINERAL RESOURCES

Zone

Tons

Grade (WO3 %)

STU'S

West Extension

132,597

1.20

158,537

West Extension Below 3700 elv.

379,763

1.38

524,473

E-Zone

24,183

1.97

47,738

Main Zone Pillars

414,090

1.26

520,691

Central Flats

29,023

1.07

31,183

South Flats

40,255

1.64

66,154

PUG

479,118

1.17

562,857

Stockpile

6,447

0.73

4,706

TOTAL Indicated Resources

1,505,476

1.27

1,916,339

Notes:
  1. Mineral Resources conform to CIM and NI43-101 requirements.
  2. Mineral Resources are estimated at a cutoff grade of 0.8% WO3 for underground as well as Pit and Pug
  3. All Mineral Resources are listed as INDICATED
Mineral Resources are inclusive of Mineral Reserves; excess resources may at some time in the future become reserves, however, at present they cannot be included in the estimate of Mineral Reserves. The Mineral Reserves include material for which there is a mining plan, and at least a conceptual design. Mineral Reserves for the Cantung Mine, as of July 1, 2009, are summarized in Table 1-1 above.

QUALIFIED PERSON
Robert D. Baldwin, P. Eng., the Company's Senior Mining Engineer and Finley J. Bakker, P. Geo., the Company's Chief Geologist both qualified persons as defined by NI 43-101 have reviewed and approved the technical disclosure of the reserves and resources contained in the news release.

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
Chairman & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note

Safe Harbour Statement under the United States Private Securities Litigation Reform Act of 1995 and similar Canadian legislation:
Except for the statements of historical fact contained herein, the information presented contains "Forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and similar Canadian legislation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," "believes," or variation of such words and phrases that refer to certain actions, events or results to be taken, and other factors which may cause the actual results, performance or achievements of North American Tungsten Corporation Ltd. To be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual results of reclamation activities, the estimation or realization of mineral reserves and resources, the timing and amount of estimated future production, costs of production, capital expenditures, future prices of commodities, possible variations in ore grade or recovery rates, efficacy and efficiency of milling process, failure of plant, equipments or processes to operate as anticipated, accidents, labour disputes and other risks in the mining industry. Although North American Tungsten Corporation Ltd. has attempted to identify important factors that could cause actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained herein and in North American Tungsten Corporation Ltd.'s other filing incorporated by reference.

Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: This press release may use the terms "Measured," "indicated" and "inferred" Resources. United States investors are advised that while such terms are recognized and required by Canadian regulators, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

Monday, August 17, 2009

New Crest hopes to start mining 170,000 tonnes of Tungsten in next few years = 6% of worlds known Tungsten resources

GOLDMINER Newcrest has delivered a better than expected full-year profit as a $30 million insurance payment cut damages costs from the Varanus Island gas explosion off the West Australian coast last year.

The Melbourne-based company, which is the third-biggest Australian miner after BHP Billiton and Rio Tinto, said underlying full-year profit came in at $483.1 million.

That was a 2 per cent drop from the previous year, due to increased costs, but was $10m to $20m higher than expectations.

Newcrest said costs from the explosion at Varanus Island, which supplies gas to its Telfer goldmine, would only be $8.6m after an insurance payout eased the $38.6m cost of paying for replacement gas and diesel power. Reportable profit hit a record $248m, up 85 per cent following Newcrest's close-out of its gold hedge, which limited accounting losses.

The company also surprised with a 15c a share dividend, which most analysts had not expected.

Managing director Ian Smith said the company's gearing fell from 8 per cent to 2 per cent, largely due to equity raisings earlier this year, and the miner was in a position to make acquisitions if they arose.

The company had looked at a number of acquisitions and signed a number of confidentiality agreements, he said, but nothing was in the pipeline.

Newcrest has two teams working on potential acquisitions -- one that looks at early stage projects in which Newcrest could take control of exploration, and another to look at more mature projects.

The company's strategy with more mature projects is to get involved if it can see opportunities that had not previously been understood.

"We haven't found anything that stacks up," Mr Smith said yesterday. At the same time, Newcrest released the maiden resource for its O'Callaghans tungsten deposit, about 10km from the big Telfer gold mine in Western Australia's Pilbara.

The deposit, where Newcrest hopes to start mining in two to three years, contains inferred resources of 170,000 tonnes of tungsten, 160,000 tonnes of copper, 460,000 tonnes of zinc and 230,000 tonnes of lead.

Mr Smith said there had been a lot of interest in the deposit, which contained up to 6 per cent of the world's known tungsten resources. The company is looking at selling the deposit and will work out a mine plan, and whether to sell, over the next 12 months. Even if the deposit is sold, it is likely the ore will be processed at the Telfer mill, which could result in a fall in gold production.

Newcrest restated 2010 production guidance of 1.81 to 1.91 million ounces of gold and 83,000 to 87,000 tonnes of copper.

Revenue increased from $2.36billion to $2.53bn, boosted by an increase in the gold price.

The company sliced labour costs by 8.8 per cent to $85.4m in the second half.

Total gold reserves rose 7 per cent year on year to 42.8 million ounces and copper reserves increased 13 per cent to 4.67 million tons. Newcrest shares rose 50c to $29.65 yesterday.

Source See  www.TheAustralian.news.com.au




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Friday, August 14, 2009

High tungsten reading causes Hazelwood Resources to soar

MINING junior Hazelwood Resources says exploration drilling has indicated a high quality tungsten resource at one of its projects. Tungsten is the hardest element on the periodic table apart from carbon and also has a high melting point, so it's used in cutting and drilling tools and for high-temperature applications like light bulbs, heating elements and rocket engines.

Shares in Perth-based Hazelwood rocketed as much as 91 per cent and by late afternoon were up 61 per cent, or 7 cents, at 18.5c, after it said exploration drilling at its Cookes Creek project in Western Australia indicated a "massive" tungsten mineralisation.

One drill hole found a 13 metre interval with a 2.42 per cent grade of tungsten oxide and, in the same hole, there was a 26.48 per cent grade over a one metre interval.

"That is one of the highest readings that anyone has ever recorded for a tungsten exploration program," Hazelwood executive chairman Mark McAuliffe said, adding that a grade of 2-3 per cent was traditionally considered to represent a high quality resource.

More than 52 drillholes have intersected zones with tungsten oxide grades over 1 per cent at the Big Hill resource at Cookes Creek, indicating evidence of "high grade shoots", Hazelwood said.

Another six exploration wells are to be drilled and the company expects to release a revised mineral resource estimate by the end of August.

Hazelwood was originally intending to bulk mine the area, but Mr McAuliffe said the better-than-expected assay results mean it might conduct high grade mining in selected areas instead.

Hazelwood expects to commence feasibility studies for a tungsten project at Cookes Creek in September and Mr McAuliffe hopes the company will be producing its first tungsten by early 2010.

It's targeting annual output of 220,000 tonnes, or about 2-3 per cent of the world's tungsten output. Mr McAuliffe estimated that would convert to annual revenue of about $US40 million ($47m)

Hazelwood was continuing discussions with potential customers in China, Europe and North America, Mr McAuliffe said.

China currently produces and consumes about 70 per cent of the world's
tungsten.

TheAustralianNews.com.au


Tuesday, August 11, 2009

Advocacy Group Urges Clinton to Address Suffering and address those benefiting from anarchy to exploit lucrative minerals, like tungsten.

U.S. Secretary of State Hillary Clinton is visiting the DRC as part of her seven-nation tour of Africa, which is designed to promote democracy and development and strengthen US ties to the continent.  Clinton met Tuesday with President Joseph Kabila in the eastern city of Goma, the capital of the volatile North Kivu province.

US Sec. of State Hillary Clinton (R) is greeted by government members on arrival in Kinshasa, Congo, 10 Aug  2009
US Sec. of State Hillary Clinton is greeted by government members on arrival in Kinshasa, Congo

Kambale Musavuli, national spokesperson for the U.S.-based advocacy group Friends of the Congo, says according to the stated objectives of the State Department, the visit "underline[s] the US commitment to collaborate with the Congolese government, the private sector, NGOs and citizens to build capacity and realize their potential. She [Clinton] is also concerned about gender-based violence in Congo and wants to highlight that during her visit."

More than 200,000 women have been raped since 1996 in the conflict and violence in eastern Congo, according to the United Nations. Nearly six million people have died in the struggle over the past 13 years, Musavuli says.

Among the perpetrators of the fighting in the area are ethnic Hutu militias accused of committing atrocities in Rwanda's genocide and civil war nearly 15 years ago, and local Congolese fighters, many from the Tutsi ethnic group.

"We want [Clinton] to listen to the Congolese people…. She's going to see the victims of the war…. She will see people first hand and it will be critical for her to listen to what the Congolese people are saying," says Musavuli.

US policymakers are encouraging the governments of Congo and Rwanda to work together to end the violence in eastern Congo.The joint efforts include military cooperation.

Kambale Musavuli of Friends of the Congo
Kambale Musavuli favors negotiations that would include Congolese rebels and the country's neighbors

But a more African approach, Musavuli says, would include a negotiating framework that would bring together all rebel forces within the country and focus more on a political solution than a military one. Besides regional powers Rwanda and Uganda, it would also include Congo's other neighbors, some of whom are benefiting from the anarchy to exploit such lucrative minerals as gold, tungsten, and tin, which are often used in cell phones and other electrical products.

Musavuli also wants international corporations to stop practices that Transparency International and other such groups have found to be corrupt or exploitative.

The West should follow the lead of Sweden, the Netherlands and Canada, he says, in bringing pressure to bear on Rwanda and Uganda to be partners for peace.

He also calls for greater support for local institutions and pro-democracy forces in Congo and support for democratization efforts in Uganda and Rwanda, which he says would benefit the entire Great Lakes region.

Source :  http://www.voanews.com/english/Africa/2009-08-11-voa29.cfm

Monday, August 10, 2009

Reducing operating costs is the name of the game for Thor's Tungsten Moly development project

Thor Mining PLC said that an investigation of alternatives to reduce capital and operating costs for the Molyhil tungsten molybdenum development project in Australia's Northern Territory continues and is expected to be finalized at the end of August 2009.

In its quarterly update for the period to end June 2009, it said that the price of molybdenum roasted concentrates has increased by 87% to USD 15 per pound since April 2009. Molybdenum prices have steadily strengthened on tight European supply and strong Chinese demand.

Development of Molyhil and in particular financing has been the main focus for the period. The Thor management team continues to meet with many potential financiers and partners with a view to getting the project into operation. The discussions have been positive to date, however the mood is still very cautious in the current financial climate.

First pass reconnaissance reverse circulation drilling is planned at Hatches Creek during the next quarter.

(Sourced from www.proactiveinvestors.co.uk)

Thursday, August 6, 2009

Knight Inlet samples return 14 m of 0.155% WO3 for Dentonia


Dentonia Announces Channel Sampling Results from Tungsten Discovery on Knight Inlet Area Claims
August 6, 2009

Dentonia Resources Ltd. ("the Company") is pleased to announce channel sampling assay results from the quartz-garnet tungsten discovery skarn ("the Discovery Skarn") on the Knight Inlet Area Claims (see News Releases dated June 22 and July 14, 2009).  The Discovery Skarn is located 11kms inland from Fraser Bay at the head of Loughborough Inlet.

Elemental Tungsten ("W") is sold on the world market as tungsten concentrate ("WO3"); accordingly W assay values were converted to WO3 by the formula WO3 = 1.2616 x W.

Channel sampling highlights are:

  • 9m (0-9m) averaging 0.189% (1.9kg/t) WO3 and 0.25% copper; and
  • 14m (15-29m) averaging 0.155% (1.6kg/t) WO3 and 0.06% copper, including 4m (15-19m) of 0.36% (3.6kg/t) WO3.

Twenty-nine channel samples at 1m intervals along the Discovery Skarn were collected under the supervision and control of James A. Turner, P.Geo.  A horizontal channel was created with a rock saw at a consistent height across the Discovery Skarn (see photo on Dentonia's website at www.dentonia.net).  The samples were assayed by International Plasma Labs Ltd. of Richmond, BC.  Copper was analyzed by the Fusion Induced Plasma Mult-acid (ICPM) Method and tungsten by the Fusion ICP Method.               See Full release

DTA - TSX.v

Dentonia Announces $27,500 Private Placement August 5, 2009

Dentonia Resources Ltd. ("the Company") is pleased to announce a non-brokered Private Placement of up to 550,000 units at $0.05 per Unit.

Subject to regulatory approval, each Unit will consist of one share and one two-year common share purchase warrant entitling the purchaser to purchase an additional common share of the Company for $0.05 per share in the first year and $0.07 per share in the second year.

All funds realized have been advanced to the Company and have & will be used for general corporate purposes and exploration of the Company's tungsten project at Knight Inlet, BC.

For full details Click Here 

DTA TSX.v





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Wednesday, August 5, 2009

North American Tungsten closes CAD$6,000,000 Private Placement

NORTH AMERICAN TUNGSTEN CORPORATION LTD. (the "Company") announces that it has completed the CAD$6,000,000 private placement financing announced on July 24, 2009. The Company issued a total of 40,000,000 common shares ("Common Shares") at a price of CAD$0.15 per Common Share. The Common Shares issued pursuant to the private placement are subject to a hold period that expires on December 1, 2009 in accordance with applicable Canadian securities laws and the policies of the TSX Venture Exchange.The proceeds of the private placement will be used to repay US$3,000,000 of convertible debentures and for working capital.

In addition, Mr. Ron Erickson, a director of the Company, today announced that he acquired 10,000,000 Common Shares in the private placement, representing approximately 5.9%............for Full Details see release

NTC on the TSX.v
www.NorthAmericanTungsten.com



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