North American Tungsten Corporation Ltd (NATUF)

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Cantung Indicated Mineral reserves total 3.8Million tonnes

CANTUNG INDICATED MINERAL RESOURCES AS OF JULY 2014


Zone Indicated Mineral Resource
Tons Grade (WO3%) STU's
Amber 1,199,000 1.09 1,305,000
Below 3700 30,000 1.43 43,000
E Zone 319,000 1.04 331,000
Pit 192,000 0.85 163,000
Pug 1,851,000 0.86 1,587,000
West Extension 208,000 1.25 260,000
Stockpile 41,000 0.77 32,000
Grand Total 3,839,000 0.97 3,720,000
Notes:
1. Mineral Resources conform to CIM and NI43-101 requirements.
2. Mineral Resources are estimated at a cut-off grade of 0.5% WO3.
3. The Indicated Resource includes the Probable Mineral Reserves.
4. Numbers may not add up due to rounding