North American Tungsten Announces General Manager of the CanTung Mine
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/07/11 -- North American Tungsten Corporation Ltd. (TSX VENTURE: NTC) -
The Company is pleased to announce the appointment of Mr. Jason McKenzie C.E.T. as General Manager of the CanTung Mine.
Mr. McKenzie has an extensive mining and engineering background with a focus on underground operations.
His 25 years of mining experience has covered a wide range of commodities, management and supervision in numerous capacities as well as mine construction.
The Company welcomes Mr. McKenzie to our 'Tungsten Team'.
The Company also wishes to announce the granting of 240,000 stock options to Mr. McKenzie to acquire common shares of the Company at a price of $0.41 per share. The options will vest over an eighteen month period and will have an expiry date of five years from the date of the grant in accordance with the terms of the Company's current Stock Option Plan.
ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD.
The Company is the 100% owner of the CanTung Mine and the MacTung development project in Canada. It is one of the largest producers of tungsten concentrates in the western world. MacTung is one of the world's largest undeveloped high grade tungsten-skarn deposits. Through an affiliate, the Company is also developing downstream product capability.
ON BEHALF OF THE BOARD OF DIRECTORS
Stephen M. Leahy, Chairman & CEO
Cautionary Note: The Company relies upon litigation protection for 'forward-looking' statements.
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.
Contacts:
INVESTOR CONTACT:
1.604.684.5300
1.604.684.2992 (FAX)
info@natungsten.com
www.natungsten.com