North America Tungsten Continues to Intersect High Grades Throughout the "Amber Zone" Including 15 Ft. Averaging 4.27% WO3 (DDH-U2082)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 1, 2013) - North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) ("NTC" or "the Company") is pleased to provide an update on its continuing underground diamond drill exploration program in the Amber Zone on its 100% owned Cantung tungsten mine in the Northwest Territories. Drifting toward this zone has commenced.

Stephen Leahy, CEO, stated: "We believe that this new Amber Zone will become an important integral component of our underground Life of Mine Plan at Cantung. We are very proud of the hard work and dedication of our Tungsten Team in the discovery and the definition drilling in the new Amber Zone."

Diamond Drilling was implemented to fill 450 ft. gap between high grade intercepts in drill holes U1943, U1936, and U1937, discussed in the NTC February 6th, 2012 news release, and holes U1978 to U1985, discussed in the NTC June 6th, 2012 news release. A total of 87 Diamond Drill Holes amounting to 25,000 ft. of drilling were completed. Many of the holes intersected one to three zones of mineralization. This recent phase of drilling verifies the continuity of the mineralization within the Amber Zone and the Central Flats over an area with an approximate strike length of 600 ft. and an approximate down dip length of 650 ft. In addition it opens up 800 ft. of strike length of potential mineralization to the east. Drilling is now commencing in the area of "Amber Zone East" to test the continuity of two areas. Drifting toward the Amber Zone West has commenced from 4 headings within the current mine workings.

Significant results from the drill program include 15 ft. averaging 4.27% WO₃ (DDH - U2082), 22.7 ft. averaging 4.30% WO₃ (DDH - US2083), 10.3 ft. averaging 3.60% WO₃ (DDH - U2114) and 15.4 ft. averaging 2.44% WO₃ (DDH - U2081). The table shown below provides the tungsten containing intervals and the estimated true widths for those intersections.

All drilling was completed from underground drill stations. All drill core was BQ and core recovery in the assay intervals was close to 100%. Sampling was based on lithology with a maximum individual sampled interval of 5 feet. The averaged assays shown in the table have a minimum bounding grade of 0.25% WO₃.

Results from the 87 holes are summarized in the table below:

Summary of Results :

Hole ID	From (ft.)	To (ft.)	Interval (ft.)	Est. True Thickness (ft.)	WO 3 %
U1997	166.8	188.9	22.1	11.4	0.80
U1997	196.0	213.9	17.9	7.0	0.33
U1997	260.6	302.3	41.7	22.7	0.32
U1998	111.9	137.8	25.9	17.0	1.36
U1998	156.4	159.0	2.6	1.9	0.43
U1998	206.1	231.6	25.5	19.0	0.87
U1999	106.1	113.2	7.1	5.2	2.37
U1999	172.7	183.7	11.0	7.8	0.31
U2000	103.5	106.0	2.5	2.3	0.72
U2000	127.0	142.0	15.0	14.1	0.42
U2001	69.5	84.5	15.0	14.8	1.06
U2011	228.7	235.5	6.8	4.2	2.24
U2011	289.5	352.5	63.0	39.2	0.30
U2012	145.0	164.3	19.3	12.0	1.06
U2012	218.5	233.5	15.0	9.8	0.72
U2013	71.0	94.2	23.2	19.7	1.00
U2013	118.2	126.5	8.3	7.3	0.76
U2013	136.5	151.5	15.0	13.8	0.41
U2014	51.3	73.4	22.1	22.0	1.41
U2014	80.2	94.0	13.8	13.8	0.81
U2014	119.5	134.9	15.4	15.3	0.66
U2015	57.0	72.1	15.1	15.0	0.38
U2015	84.5	89.5	5.0	5.0	2.79
U2015	123.4	136.5	13.1	12.8	1.26
U2016	93.2	98.2	5.0	4.6	0.44
U2016	126.9	138.1	11.2	10.3	0.77
U2016	170.8	197.0	26.2	24.9	0.52
U2017	98.1	133.4	35.3	34.3	0.81
U2017	172.5	175.4	2.9	2.9	2.15
U2017	234.5	259.0	24.5	24.4	0.52
U2022	259.5	298.5	39.0	26.3	0.52
U2023	248.8	262.8	14.0	9.5	0.52
U2024	150.9	165.4	14.5	7.7	1.15
U2024	289.6	299.6	10.0	5.6	0.68
U2025	78.3	92.7	14.4	14.0	0.72
U2025	97.2	114.0	16.8	16.2	1.04
U2025	164.2	173.2	9.0	7.0	1.02
U2026	76.4	81.6	5.3	5.2	0.33
U2026	97.0	134.8	37.8	36.8	0.81
U2027	84.2	90.9	6.7	6.3	0.69
U2027	101.0	132.0	31.0	28.7	0.93
U2028	110.7	211.0	100.3	100.1	0.42
U2029	192.3	200.0	7.7	5.3	0.97
U2029	215.8	217.5	1.7	0.9	1.06
U2029	244.0	259.6	15.6	12.6	1.43
U2030	190.1	197.0	6.9	5.3	0.55
U2031	88.1	95.2	7.1	5.6	0.76
U2031	118.8	125.3	6.5	5.5	1.54
U2031	135.0	172.5	37.5	35.5	0.40
U2032	99.3	103.3	4.0	4.0	3.07
U2032	128.3	167.8	39.5	39.4	0.47
U2033	71.5	80.3	8.8	8.6	2.42
U2033	90.5	148.9	58.4	56.4	0.40
U2034	162.8	165.9	3.1	1.9	1.51
U2034	179.8	201.8	22.0	15.5	0.91
U2034	265.3	286.3	21.0	14.8	0.63
U2035	107.4	115.5	8.1	5.0	1.95
U2035	175.6	178.0	2.4	1.6	0.37
U2035	195.9	216.0	20.1	13.7	0.42
U2036	72.2	76.8	4.6	4.3	0.93
U2036	103.5	107.1	3.6	3.0	1.10
U2036	142.4	159.9	17.5	16.7	0.41
U2036	187.2	188.5	1.3	1.2	2.31
U2074	253.0	269.0	16.0	11.7	0.30
U2074	297.8	302.0	4.2	3.3	2.48
U2075	244.0	247.9	3.9	3.0	0.37
U2076	Intersected Granite
U2077	Intersected Granite
U2078	192.4	206.6	14.2	13.7	0.50
U2078	214.5	224.7	10.2	9.9	1.66
U2079	219.3	231.0	11.7	10.8	0.04
U2080	221.4	236.4	15.0	14.8	2.58
U2081	221.7	237.1	15.4	15.3	2.44
U2082	238.0	253.0	15.0	10.8	4.27
U2082A	Intersected Granite
U2083	273.0	303.0	30.0	23.0	0.41
U2083	316.2	338.9	22.7	14.3	4.30
U2083	344.4	348.7	4.3	2.9	0.70
U2084	233.2	239.3	6.1	5.4	0.85
U2084	242.9	247.9	5.0	4.5	0.70
U2085	Intersected Granite
U2086	219.0	222.4	3.4	3.4	2.28
U2087	Intersected Granite
U2088	184.0	189.0	5.0	5.0	0.56
U2088	210.2	228.7	18.5	18.4	1.81
U2089	215.4	234.8	19.4	16.5	0.64
U2090	189.6	198.0	8.4	5.8	0.42
U2090	218.0	248.0	30.0	20.7	2.15
U2091	232.2	270.4	38.2	21.1	2.09
U2092	208.0	248.0	40.0	21.8	0.70
U2092	324.0	328.1	4.1	2.3	0.61
U2093	199.0	204.0	5.0	4.6	0.38
U2094	164.0	179.0	15.0	14.6	0.38
U2094	209.0	214.0	5.0	5.0	0.65
U2094	227.7	234.1	6.4	6.4	1.04
U2095	159.0	169.0	10.0	9.6	0.40
U2095	198.1	207.3	9.2	9.2	0.54
U2096	169.0	174.0	5.0	5.0	1.08
U2096	214.6	225.6	11.0	10.9	0.72
U2097	258.7	279.0	20.3	20.3	2.21
U2098	178.0	188.0	10.0	9.0	0.35
U2098	211.7	213.6	1.9	1.7	0.65
U2098	250.8	253.7	2.9	2.5	1.72
U2099	158.5	178.0	19.5	19.0	0.48
U2099	206.3	215.1	8.8	8.2	1.54
U2100	159.7	174.2	14.5	14.1	0.96
U2101	174.4	188.4	14.0	13.5	0.49
U2101	229.5	251.3	21.8	21.0	1.52
U2102	Intersected Granite
U2103	Intersected Granite
U2105	197.0	212.0	15.0	13.1	0.47
U2105	227.0	232.0	5.0	4.4	3.34
U2105	240.5	270.0	29.5	23.6	1.33
U2106	182.5	197.0	14.5	13.9	0.72
U2107	183.3	187.0	3.7	3.4	0.63
U2108	170.5	182.0	11.5	11.2	0.35
U2109	Intersected Granite
U2110	Intersected Granite
U2111	230.6	255.4	24.8	24.8	0.57
U2112	193.0	208.0	15.0	14.0	0.39
U2112	218.0	222.0	4.0	3.7	0.43
U2112	228.8	234.5	5.7	5.3	0.37
U2113	173.0	182.0	9.0	7.9	0.52
U2114	197.3	202.3	5.0	5.0	0.50
U2114	228.3	238.6	10.3	10.3	3.60
U2115	198.0	213.0	15.0	14.4	0.40
U2116	193.0	213.0	20.0	18.8	0.32
U2116	225.6	232.6	7.0	6.6	0.48
U2117	182.0	207.0	25.0	24.6	0.31
U2117	227.0	247.0	20.0	19.8	0.47
U2118	272.0	273.0	1.0	1.0	0.16
U2119	187.5	217.0	29.5	29.3	0.37
U2120	Intersected Granite
U2121	255.0	267.6	12.6	12.3	0.66
U2122	259.5	269.2	9.7	9.6	1.47
U2123	Intersected Granite
U2124	Intersected Granite
U2125	Intersected Granite
U2134	221.3	223.9	2.6	0.9	2.60
U2134	296.3	413.7	117.4	30.4	0.58
U2134	422.2	425.4	3.2	0.8	3.01
U2134	435.5	491.0	55.5	14.4	1.98
U2135	Intersected Granite
U2135A	Intersected Granite
U2136	289.4	330.2	40.8	22.2	0.90
U2136	340.2	341.9	1.7	0.9	2.52
U2137	Intersected Granite
U2138	265.3	270.8	5.5	5.4	0.29
U2139	Intersected Granite
U2140	249.1	255.1	6.0	6.0	1.07
U2140	263.3	266.8	3.5	3.5	1.00

To view the maps associated with this press release, please visit the following link: http://media3.marketwire.com/docs/ntc-0301-maps.pdf

Quality Assurance

Sample analysis was completed at the laboratory located at the Cantung Mine site utilizing both XRF and colorimetric methods. Results for both methods were comparable. Check assays were done by ALS Canada Ltd. in Vancouver. Comparisons were acceptable and reliable.

Qualified Person

The technical information contained in this release has been reviewed and approved by Finley Bakker, P. Geo, Superintendent of Technical Services for the Cantung Mine for the Company, who is a qualified person as defined in National Instrument 43-101 of the Canadian Securities Administrators.

ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD.

The Company is a publicly listed Tier 1 Junior Resource Company engaged primarily in the operation, development, and acquisition of tungsten and other related mineral properties in Canada. The Company's 100% owned Cantung mine and Mactung development project make it one of the few tungsten producers with a strategic asset in the western world. Mactung is one of the world's largest known undeveloped high grade tungsten-skarn deposits.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen M. Leahy, Chairman & CEO

Cautionary Note: The Company relies upon litigation protection for "forward-looking" statements.

Safe Harbour Statement under the United States Private Securities Litigation Reform Act of 1995 and similar Canadian legislation: Except for the statements of historical fact contained herein, the information presented contains "Forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and similar Canadian legislation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," "believes," or variation of such words and phrases that refer to certain actions, events or results to be taken, and other factors which may cause the actual results, performance or achievements of North American Tungsten Corporation Ltd. To be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual results of reclamation activities, the estimation or realization of mineral reserves and resources, the timing and amount of estimated future production, costs of production, capital expenditures, future prices of commodities, possible variations in ore grade or recovery rates, efficacy and efficiency of milling process, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes and other risks in the mining industry. Although North American Tungsten Corporation Ltd. has attempted to identify important factors that could cause actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained herein and in North American Tungsten Corporation Ltd.'s other filing incorporated by reference.

Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: This press release may use the terms "Measured," "indicated" and "inferred" Resources. United States investors are advised that while such terms are recognized and required by Canadian regulators, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.