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Woulfe Mining First New Drill Results from Sangdong

Investing News Network
Apr. 19, 2011 01:44PM PST
Company News

Woulfe Mining Corp. (CVE:WOF) reports drill results from the initial three underground holes of a 38 hole drilling program in progress at its Sangdong tungsten-molybdenum project, South Korea.

Woulfe Mining Corp. (TSXV:WOF) reports drill results from the initial three underground holes of a 38 hole drilling program in progress at its Sangdong tungsten-molybdenum project, South Korea.

The press release is quoted as saying:

The central Main Zone, being high grade, was largely mined out during previous production apart from support pillars and protective areas around infrastructure mainly in the top and margins of the lodes. The overlying Hangingwall Zone and underlying Footwall Zone are largely intact. The National Instrument 43-101 resource estimate undertaken in early 2010 by Wardrop UK (a Tetra Tech Company) (“Wardrop”) as part of the Scoping Study, totalling 103.2 million tonnes at 0.35% WO3 and 0.04% MoS2, based on a cut-off grade of 0.1% WO3, included only the Hangingwall and Footwall Zones.

Woulfe’s President and CEO, Brian Wesson says:

“Spring has arrived and we are now working unhindered to achieve our goals of completing the drilling, mine plan, feasibility and detailed design this year. We are working on the geology and mining plan with personnel from Wardrop as we progress the project”.

Click here to access the entire news release.

Click here to access Woulfe’s company profile.

woulfe mining drill results woulfe mining corp tsxv:wof
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