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Feasibility for the Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) Sandong Tungsten Molybdenum Project ran a month late and the updated indicated and inferred resources for above level 2 was released in mid-January. The main delay in the feasibility has been metallurgical test work that was moved from Canada as laboratories were busy and do not have the technology developed in China as the world’s largest producer of tungsten for the last 20 years.
As quoted in the press release:
The test results are expected at the end of February and the completion of feasibility at the end of March 2012. The delay was to get the optimum flow sheet for the flotation plant design. The company has bulk samples in China and Australia for a bulk test once the flow sheet has been finalised in the feasibility study. The delay in feasibility is not expected to adversely impact on the construction schedule.
Woulfe Mining CEO and President Brian Wesson, said:
“We have advanced the project significantly in the last two years and delaying the feasibility study was a hard decision as we understand how important it is to the market. It was appropriate to change the test work to China as it is strongly believed that higher recoveries and simpler flow sheet can be achieved against the historical process that produced APT (Tungsten) for 40 years from Sangdong. The appointment of Hanmi Global is a big step as it brings strong Korean project management still and knowhow to the project to complement our international design team.”
Click here to read theWoulfe Mining Corp. (TSXV:WOF) press release
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