North American Tungsten Mactung Project Receives Approval

North American Tungsten (TSXV:NTC) announced that the plan to develop its Mactung project – located in the Yukon – has received environmental approval from both the Yukon and Federal governments. The process stretches back to 2008, when North American Tungsten first submitted its request.

According to the press release:

Published under the Yukon Environmental and Socio-economic Assessment Act, the Decision Documents include a series of terms and conditions that North American Tungsten must incorporate into Mactung Project’s design and operations in order to mitigate the mine’s impact on the site located northeast of Ross River, Yukon.

Kurt Heikkila, chariman and CEO of North American Tungsten, said:

I can’t express strongly enough the importance of this decision to our Company. We are very pleased with the decision of the Board and of the governments whose further approval was required. This decision forms the basis for our next set of efforts to be one of the largest tungsten producers in the western world.

Click here to read the North American Tungsten Corporation Ltd. (TSXV:NTC) press release