Exploration results at North American Tungsten Corporation Ltd.'s (TSX VENTURE:NTC) mine in the Northwest Territories ("Cantung") indicate that estimates of Mineral Reserves have increased, extending the mine's life, the Company's Chairman and CEO, Kurt Heikkila, announced today.

"This is excellent news for the Company to report to the public, to its customers, and to its employees: over the past three years, NTC has extracted over 1.4 million tons of ore at Cantung; yet our probable reserve estimates over that period have increased from the 1.69 million tons reported in 2011 to our current estimate of 1.82 million tons.

"As the tables below indicate, the updated reserves and resources support an extended mine life. We've identified sufficient reserves to support commercial operations at Cantung beyond the end of 2017 and our intention is to continue exploration and definition diamond drilling to add to the reserves and resources, and, ultimately, the mine's operating life," Mr. Heikkila said.

"These exploration results validate the significant, longer-term investment our Company has made in Cantung over the past several years, and reaffirm our confidence in the mine's future. As one example of improvements generated by targeted investments, mill throughput now averages over 1,300 tons per day, an important increase over the earlier daily averages of 1,100 tons."

Prepared in accordance with F-1 Requirements of National Instrument 43-101, the full report upon which these estimates are based will be filed on SEDAR within 45 days.

• [Editor:Mango]