N.A. Tungsten gets positive YESAB report for MacTung

NEWS RELEASE.

October 16, 2012: Vancouver, B.C. – North American Tungsten Ltd. (Stock Profile – TSXV:NTC)  reports the executive committee of the Yukon Environmental and Socio-Economic Assessment Board (YESAB) has completed the draft screening report for North American Tungsten Corp. Ltd.’s MacTung project.

YESAB’s delivery of the draft screening report is a significant milestone for the MacTung project, moving it closer to the finalization of the environmental assessment as required under the Yukon Environmental and Socio-Economic Assessment Act (YESAA). The report concludes, “As a result of this assessment, the executive committee recommends to the decision bodies that the MacTung project be allowed to proceed without a review, subject to the terms and conditions specified in this report.”

Stephen Leahy, chairman and chief executive officer, stated: “With the draft screening report complete, NTC will now focus on its next objectives, of obtaining quartz mining and water licences. We would like to thank all of those that have contributed to the assessment process, including the Kaska First Nation, the Yukon government, Environment Canada, Natural Resources Canada, Fisheries and Oceans Canada, Yukon Conservation Society and other stakeholders. Participation by all parties has unquestionably benefited and improved the project as a whole. We believe the MacTung project will provide significant benefits to all Yukoners for years to come.”

To read more – CLICK HERE.

CompanyFeed™

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Australian Mines Ltd. AUZ.AX +900.00%
 Adex Mining Inc. ADE.V +50.00%
 Casa Minerals Inc. CASA.V +30.00%
 Rare Element Resources Ltd. REE +26.63%
 Astro Resources NL ARO.AX +25.00%
 Tearlach Resources Ltd. TEA.V +21.05%
 MacDonald Mines Exploration BMK.V +16.67%
 GME Resources Ltd. GME.AX +16.67%
 Standard Lithium SLL.V +16.42%
 Black Iron, Inc. BKI.TO +16.28%

Download the latest Solaris Resources (SLSSF) Investor Kit

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

MiningFeeds will use the information you provide on this form to be in touch with you and to provide updates and marketing.