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Message: NEWS - Yankee Hat Acquires Two Additional Tungsten Properties

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Re: NEWS - Yankee Hat Acquires Two Additional Tungsten Properties

posted on Aug 15, 08 05:51AM

Biggest mines in the whole of the western world are the Mactung and Catung mines in Canada. Yankee Hat properties are next to them having the same type of rock formations 'skarn'. Yankee Hat has the potential to supply the tungsten required by the western world especially North America.

Surely this potential was seen by Japanese government and hence the partnership with Yankee Hat through JOGMEC.

Tungsten is critical in high end application of tooling, aerospace and more importantly golf clubs. This is a real opportunity while the company is trading way below its asset value potential.

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