Cantung Mine is a tungsten producer in the Nahanni area of the Northwest Territories, Canada, located northeast of Watson Lake in the Flat River Valley of the Selwyn Range close to the Yukon border. Tungsten was originally discovered in the area in 1954 by prospectors. Cantung Mine operated from 1962 to 1986, again from 2002 to 2003, and from 2005. Production was suspended from October 2009 to October 2010. The mine owner, North American Tungsten Corporation, went bankrupt in 2015 and the mine closed in October of that year. The federal government of Canada now owns the mine and has to clean up the site. As of December, 2017, the mine remained closed, with the possibility of being opened to process a nearby lithium deposit. As of February 2019, the mine is still closed; the federal and NWT governments are trying to sell it.

Watson Lake is a town in Yukon, Canada, located at mile 635 on the Alaska Highway close to the British Columbia border. It has a population of 790 in 2016. The town is named for Frank Watson, an American-born trapper and prospector, who settled in the area at the end of the 19th century.