NWTG Acquires Option on Beryllium-Tungsten Property, Reiterate Buy-Emerging Rating. NWTG recently announced the acquisition of an option to acquire the Pole Canyon project, a historic beryllium-tungsten property in White Pine County, Nevada. The Company is issuing shares representing 19.9% of its outstanding common stock in exchange for the option. The Company does not intend to commence mining activities at this time but rather explore potential strategic agreements in an effort to enhance shareholder value.
