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North American Tungsten Corporation Ltd NATUF

North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.


GREY:NATUF - Post by User

Comment by ruminatingon Mar 23, 2012 11:51am
153 Views
Post# 19709993

RE: RE: Tungsten mine for sale

RE: RE: Tungsten mine for sale

Telemarker, do you have any info on whether they actually have the water resources to support the permit they  claim to have? i know right now that is the big issue throughout the US south west. Even the farming areas of California, a multi-billion dollar industry, are facing 30-40% reductions in water quotas over the next two years.  I can imagine that mining interests are down the food chain (forgive the analogy) when it comes to allocations. Even in the Yukon that is an issue and yet another reason why NTC's prospects are excellent. Both sites are on established transportation routes, off the Robert Campbell Hwy, yet not in conflict with any communities for their water resources. 

Nevada is an amazingly mineral rich region, much like the Yukon and they have the mining infrastructure support and experienced personnel, but I imagine they need to have a very good water management plan to move forward.

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