Net production was 272,483 mtu’s with an average grade of 1.03% WO3 and recovery of 73.5% (compared to 2007: 286,031 mtu’s, average grade 1.16% WO3 and recovery 74.1%).
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The rationale for the acquisition is StrataGold’s Dublin Gulch Eagle Zone Deposit, but it is yet to assess the full development potential of their assets in Guyana and there has been significant interest in the Mar-Tungsten Deposit by Chinese interests.
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Net production was 272,483 mtu’s with an average grade of 1.03% WO3 and recovery of 73.5% (compared to 2007: 286,031 mtu’s, average grade 1.16% WO3 and recovery 74.1%).
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North American Tungsten Corporation Ltd. closed at $0.135 Friday, trading 1,377,200 shares.
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Tuesday, February 17, 2009