On March 4th, North American Tungsten announced the production and sales of the company in October-December 2008, the first quarter of fiscal 2009, mainly referring to the production of Cantung tungsten mine in northwestern Canada and Mactung tungsten mine in Juken. . 
In the first quarter of fiscal 2009, North American tungsten industry net profit of 4.92 million US dollars, and the first quarter of fiscal 2008, the company's financial net loss of 4 million US dollars. Total revenue for the first quarter of 2009 was $17.6 million, an increase of 49.7% over the same period in 2008. Among them, the company's first quarter sales revenue in fiscal 2009 included tungsten concentrate revenue and downstream product APT revenue. 
In the first quarter of fiscal 2009, the mine produced a total of 100,607 tons of tungsten sand with a tungsten trioxide content of 1.17%. In the first quarter of 2008, tungsten sand production was 94,916 tons and tungsten trioxide was 1.03%. At the same time, the company's average tungsten recovery rate increased from 73.6% in 2008 to 74.6% in 2009. Stephen Leahy, president of North American Tungsten Corporation, said: "The increase in production, the increase in recovery rate and the improvement in grades reflect the overall improvement of the company."
He added: "For us, we are busy in the first quarter of fiscal 2009, and it is also worthy of recognition. Focusing on improving product quality really benefits us. In addition, changes in the exchange rate of the US dollar, the actual transaction price of tungsten ore and Improvements in tungsten processing technology are important factors in our first quarter harvest."
In the first quarter, North American Tungsten Corporation's NI 43-101 report updated Cantung tungsten reserves and resources. Before September 30, 2008, the proven reserves of Cantung tungsten ore were 655,706 tons, and the content of tungsten trioxide was around 1.1%. Recently, the proven tungsten deposits of the Cantung tungsten mine have reached 1.43 million tons and the tungsten oxide content is 1.25%.
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