For tungsten miners, it’s exploration as usual

Tungsten Investing News reports tungsten price remains steady for 2009.

Tungsten exploration outside of China is critical, as the country has a monopoly on the metal used for military and aeronautical equipment.

North American Tungsten Corp’s (TSX.V:NTC) exploration program is bringing the company  good news. The drilling program on the company’s 100 per cent owned Cantung mine continues to intersect high grade mineralization.  ”Ongoing definition and exploration drilling at Cantung has discovered a high grade western extension at the lower levels of the West Extension zone of the mine. This extended zone is within 100 feet of existing underground development and further highlights Cantung potential for defining additional mineralization” said North American Tungsten Chairman and CEO, Stephen Leahy. “This recent exploration drilling by Cantung geology and engineering teams is adding significant near term value as we continue to focus on expansion of the existing resource and extension of the Cantung mine life.”