Woulfe Mining Announce More Assay Results from Sangdong

Industrial Metals

Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) announced assay results comprised of 16 holes from Sangdong Level and 13 holes drilled from -1 Level.

Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) announced assay results comprised of 16 holes from Sangdong Level and 13 holes drilled from -1 Level.

As quoted in the press release:

Significant Footwall Zone intersections include 11.7 metres true width at 0.52% WO3 (WSDD0122), 3.7 metres true width at 0.74% WO3(WSDD0126), and 4.2 metres true width at 0.59% WO3 including 1.1 metres true width at 1.00% WO3, (WSDD0136).

The drilling program is targeting the unmined mineralisation in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The resource for this section of the mine was re-estimated following the completion of 90 holes in the current drilling program, resulting in an Indicated Resource of 16.4 million tonnes at 0.45% WO3, 0.04% MoS2 and an Inferred Resource of 19.4 million tonnes at 0.44% WO3, 0.05% MoS2 at a cut-off of 0.15% WO3. The resource below the valley floor is 34.519 million tonnes at 0.47% WO3, 0.07% MoS2 cut off 0.15% WO3.

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