The Conversation (0)
Woulfe Mining Corp. (CVE:WOF) reports that it has secured all equipment required for the front-end truck discharge and primary crushing area for its Sangdong tungsten-molybdenum project, South Korea.
The press release is quoted as saying:
The package is of new equipment that has been procured at a heavily discounted rate from a cancelled contract and comes with all technical documentation intact, including design drawings. With slight modification by Woulfe, the equipment will be incorporated into the Sangdong Project.
President and CEO of Woulfe Mining, Brian Wesson,says:
“This first package of equipment represents approximately 20% of that which will be required for the processing plant at Sangdong,” stated Brian Wesson, President and CEO of Woulfe. “This purchase is another example of using existing relationships to fulfil our objective of locating and procuring the best quality equipment at the lowest possible cost to maximize shareholder value. The project is located in South Korea and is close to some of the world’s largest structural engineering companies which means Woulfe is in a position to build the process plant at a very competitive cost and far faster than would be expected for most new mine developments.”