APT

Mr. Stephen Leahy, Chairman and CEO of North American Tungsten Corporation Ltd.
(TSX VENTURE:NTC) (the "Company" or "NTC"), announces the formation of a Special
Committee for its MacTung Deposit, together with March 31st, 2011, 2nd quarter
financial results and an update on operations at the CanTung Mine.


SECOND QUARTER HIGHLIGHTS:

Special Committee

The Company's Board of Directors has formed a Special Committee to evaluate
opportunities for its MacTung deposit.


Tungsten prices reach another milestone

The MB European quotation for Ammonium Paratungstate ("APT") (has risen to
US$463/metric tonne unit ("mtu") based on a range of (US$460-465). That average
has risen 148% from a monthly low of US$187/mtu in July 2009. 


CanTung production improving

The Company has received new production mining equipment during March and April
2011. Production in the third quarter to May 22 was 45,000 mtus, evidencing that
output is improving significantly.


Financing

On March 31, 2011 the Company closed a public offering for proceeds of
CDN$11,500,000 consisting of 23,000,000 units at a price of $0.50 per unit. 


Updated 43-101 Compliant Technical Report

On February 9, 2011 the Company released an updated 43-101 compliant technical
report on the Cantung Mine. The Company has increased its probable minerals
reserves to an estimated 1,693,000 tons grading 1.17% WO3 as of October, 2010;
in addition, indicated mineral resources are estimated at 2.45 million tons
grading 1.11% WO3 and inferred mineral resources are estimated at 0.43 million
tons grading 0.84% WO3. 


SPECIAL COMMITTEE

In order to most effectively and responsively move forward to create greater
shareholder value the Company's Board of Directors has established a special
committee to explore all strategic alternatives relating to its 100% owned
MacTung deposit. The timing of the Company's decision takes into account the
status of the permitting and licensing, highly favorable tungsten price levels,
significant global M&A activities, a growing worldwide demand for tungsten and
related significant potential shortfalls in worldwide tungsten supply. 


Stephen Leahy, Chairman and CEO, stated that the Company's MacTung tungsten
resource is one of the largest high grade undeveloped tungsten-skarn deposits in
the World. Ron Erickson, Director and Chairman of the Special Committee of the
Board, indicated that an expedited path to exploit the potential of MacTung is
the key objective of the Company.


The National Instrument 43-101 Compliant Technical Report on the MacTung
Property - Yukon Canada ("Feasibility Study") dated April 3, 2009 prepared by
Wardrop, A Tetra Tech Company showed a $276 million NPV and a $402 million
CAPEX, all based on an Ammonium Paratungstate ("APT") price of US$300 per mtu. 


FINANCIAL RESULTS

The Company reports a net loss of $7.7 million for the three month period ended
March 31, 2011 ("Q2") and a $7.1 million drain on cash from operating activities
before changes in non-cash working capital. 


During Q2 concentrate sales totalled $11.4 million, compared with $3.7 million
for the three months ended March 31, 2010 ("Q2 2010"). Mine operating costs were
$16.7 million including depreciation of $0.60 million which resulted in a
negative gross margin of $6.4 million for Q2. 


In Q2, production was below plan due to development delays and poor underground
and mill equipment availability. Concentrate production in this post re-start
quarter was significantly below plan. Cash flows from operations after changes
in non-cash working capital and increase in reclamation deposits were negative
$3.0 million in Q2. Shortfalls in tons mined, grade and mill recovery negatively
impacted cash flows. Production was 43,728 mtus of tungsten trioxide contained
("WO3") in concentrates. Tons milled during Q2 were 76,980 tons at a grade of
0.85% WO3 and mill recovery was 73.35%.


Capital expenditures at CanTung for mining equipment, power generation and
underground haulage ways were $6.5 million in Q2 compared to $0.15 million in Q2
2010. Expenditures on Mactung were $0.24 million in Q2 compared to $0.30 million
in Q2 2010. Cash flows from issuance of capital stock in Q2 were $11.5 million
and share issuance costs were $0.78 million. Cash flows from capital lease
obligations and equipment and CAT loans increased by $4.7 million in Q2. 


The second quarter financial statements and MD&A were filed on SEDAR for public
access and may also be accessed from the Company's website www.natungsten.com.


CANTUNG OPERATIONS UPDATE

During the quarter ended March 31, 2011, the Company continued its re-start of
production at its 100% owned CanTung Mine. Production was affected by numerous
start-up operational issues including delays in the installation of more
efficient power generators, limited mill equipment availability and slower than
expected delivery of its new underground mine equipment. Accordingly, the
Company was unable to run its mill at its forecasted efficiency resulting in
production substantially below levels planned for the quarter.


With the completion of the delivery and installation of a significant amount of
new equipment and systems late in the second quarter, production started to
improve dramatically evidenced by production of some 45,000 mtu's from April 1
to May 22nd. The Company believes that it has resolved substantially all of the
issues at this time and believes that a go forward production rate of
approximately 25,000 mtu's/month is achievable with a consistent rate of
underground development. The Company continues to seek ways to increase
production beyond this level, primarily through additional underground
development and enhanced recovery in the mill.


Operating costs at the mine were also negatively impacted by the operational
issues during the quarter. The Company will continue to seek cost reductions in
all areas of operations including reduced fuel consumption due to the newer,
more fuel efficient power systems.


The Company will also be conducting ongoing underground exploration focusing on
the West Extension below the 3600' level. Additional surface targets will be
further reviewed and evaluated.


With record high tungsten prices currently at US$460 - US$465 per mtu and all of
the Company's production contracted through market based off-take agreements,
the Company very much looks forward to the future.


INVESTOR RELATIONS

The Company has retained the services of Mr. Jason Roy as Investor Relations
consultant. Mr. Roy has over 6 years of experience in the Investor Relations
field. He has worked with numerous publicly traded companies in diversified
sectors. 


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 both
a producing mine and strategic development 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

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,
equipments 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.

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