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Woulfe Mining Update on Progress at Sangdong Project as It Moves Towards Production in 2012
Jun. 28, 2011 11:35AM PST
Company NewsWoulfe Mining Corp. (CVE:WOF) reports the progress at Sangdong tungsten and molybdenum project as it moves into production in 2012.
The press release is quoted as saying:
Woulfe has successfully completed a 19 hole geotechnical drill program focused on testing the characteristics of the plant site. This site investigation will finalise the process plant layout and allow the detailed civil engineering to move forward.
Woulfe’s President and CEO, Brian Wesson says:
“The APT price has been increased substantially over the past 6 months so we are working as hard and fast as possible to get Sangdong back into production. The recent drilling confirms the historical data and the results have all been above resource grade. We are pushing ahead with the pre-feasibility and full feasibility in parallel with an updated resource estimate coming shortly. We look forward to updating the market as we achieve these goals.”
Click here to access the entire news release.
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