NORTHWEST TERRITORIES – Exploration at the Cantung mine belonging to North American Tungsten Corp. of Vancouver has boosted reserve numbers. That means the mine, located km northeast of Watson Lake, will continue to operate beyond 2017.
Probable reserves in six zones and a stockpile total 1.8 million tonnes grading 0.81% WO3.
The property has indicated resources of 3.8 million tonnes grading 0.97% WO3. The inferred resources consists of 1.4 million tonnes grading 0.80% WO3.
“These exploration results validate the significant, longer term investment our company has made in Cantung over the past several years, and reaffirm our confidence in the mine’s future,” said chairman and CEO Kurt Heikkila. “As one example of improvements generated by targeted investments, mill throughput now averages over 1,300 tonnes per day, an important increase over the earlier daily averages of 1,100 tonnes.”
Earlier this month, North American Tungsten’s Mactung mine in the Yukon received environmental approval.
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