New Discovery of the Dakota Zone at Cantung-17.3 ft Interval of 0.76% WO3; 21.2 ft Interval of 0.72% WO3; 13.3 ft Interval of 1.77

Sat Mar 2, 2013 5:00pm EST

* Reuters is not responsible for the content in this press release.

  VANCOUVER, BRITISH COLUMBIA, Mar 02 (MARKET WIRE) --
North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) ("NTC" or "the
Company") is pleased to announce the results of the Fall 2012 surface
diamond drill program and the discovery of what is now known as the
"Dakota Zone" located a mere 700 metres from the main E Zone.

    A surface diamond drill program was put into place to follow up on
surface diamond drill hole S09-07 (drilled in 2009) and the results from
underground drilling in 2012. As a result a total of 9,140 feet in 9
holes were drilled from one surface location.

    Drilling and Modeling Program Complete

    The surface program utilized a track mounted diamond drill fitted with NQ
size core. Nine holes averaging over 1000 ft. each were drilled with
spacing at depth varying from 100-180 feet. Core recovery was excellent
and close to 100%. The core was logged by in-house geologists and samples
were assayed both in-house and at ALS Laboratories, Vancouver. Visual
estimates (using a black light) was also used as a final check.

    Significant results from the 9 holes (using a    0.3% WO3 cut off)
include 17.3 ft. averaging 0.76%WO3 and 0.31% copper (hole S12-31), 11.6
ft. averaging 0.30% WO3 and 5.00% zinc (hole S12-32) and 13.3 ft.
averaging 1.77% WO3 (hole S12-39). Results from the drilling are
summarized below.


----------------------------------------------------------------------------
                                            Estimated                       
                                                 True                       
Drill                            Interval   Thickness                       
Hole             From        To      (ft)        (ft)    %Wo3     %Cu    %Zn
----------------------------------------------------------------------------
S09-07(ii)     872.00    879.00       7.0         6.0    0.42       -      -
----------------------------------------------------------------------------
S12-31         872.00    879.00      17.3        16.1    0.76    0.31   0.01
----------------------------------------------------------------------------
S12-32         863.35    880.70      16.5        11.6    0.30    0.13   5.00
----------------------------------------------------------------------------
S12-34         829.80    851.00      21.2        13.8    0.72    0.29   0.11
----------------------------------------------------------------------------
S12-39         806.30    814.40       8.1         5.3    0.57    0.09   0.01
----------------------------------------------------------------------------
S12-39         947.50    960.80      13.3        12.0    1.77    0.03      -
----------------------------------------------------------------------------
S12-33     no significant intersections                                     
-----------                                                                 
S12-35     no significant intersections                                     
-----------                                                                 
S12-36     no significant intersections                                     
-----------                                                                 
S12-37     no significant intersections                                     
-----------                                                                 
S12-38     no significant intersections                                     
----------------------------------------------------------------------------
(ii) S09-07 was previously drilled in 2009 - no copper/zinc available       
Using a 0.3% WO3 cut off                                                    


    The new area termed the "Dakota Zone" is located on the north flank of
the granitic intrusive that lies in close proximity to the "ore
limestone" and "Swiss Cheese" horizons of the Cantung Mine.

    To view the graphs associated with this press release, please visit the
following link : http://media3.marketwire.com/docs/NATungstengraphs.pdf

    Results are encouraging. It was previously thought that the granite
truncated the limestone in this area of the property. It is now evident
that this is not case and that the limestone is following the granite
contact. There is some structural complexity in the area (faulting and
folding) which may account for some of the dissimilar assay results. The
overall continuity of the zone however is very encouraging, as is its
close proximity to mine infrastructure. Additionally, a second lower
occurrence of mineralization was intersected in a zone bounded by
granite. While unusual for this mine site, it has similarities to
mineralization encountered in the Amber Zone. The unusually high grade of
the zinc in hole S12-32 is also encouraging for future exploration.

    A summer diamond drill and geophysics program is planned to follow up on
this discovery.

    Mr. Stephen Leahy, CEO stated "This is an important discovery for the
Cantung Mine as it indicates the presence of a potential new zone very
near our existing workings. In addition, the possibility of accessing
this new area from underground could make the Dakota Zone a significant
component to our future mine plan."

    Quality Assurance 

    Sample analyses were 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 Chemex Labs 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 pursuant
to the terms of 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.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term as defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."

Contacts:
North American Tungsten Corporation Ltd.
Investor Contact
1.604.684.5300
1.604.684.2992 (FAX)
info@natungsten.com
www.natungsten.com

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