North American Tungsten Releases Third Quarter Financial Results

North American Tungsten Corporation Ltd. (TSXV:NTC) reports third quarter financial results for the period ending June 30, 2011.

The press release is quoted as saying,

THIRD QUARTER HIGHLIGHTS:

• Net earnings were $1.3 million (Q2 2011 – net loss of $7.7 million)
• Concentrate production increased to 74,652 mtus WO₃ (Q2 2011 – 43,727 mtus)
• Tons milled were 101,873 grading 1.03% WO₃ (Q2 2011 – 76,980 grading 0.85% )
• Metallurgical recovery improved to 78.4% (Q2 2011 – 73.4%)

For the complete press release, click here.