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Woulfe Mining to Drill Investigation Hole at Muguk Gold Deposit

Investing News Network
Feb. 04, 2011 09:55AM PST
Industrial Metals Investing

Woulfe Mining Corp. (CVE:WOF) reports drilling of a 520m exploration hole to investigate the possible extension of the Vein 2 lode at the Muguk gold deposit prospect.

Woulfe Mining Corp. (TSXV:WOF) reports drilling of a 520m exploration hole to investigate the possible extension of the Vein 2 lode at the Muguk gold deposit prospect.

The press release is quoted as saying:

The hole is targeted to intersect the ore position at around 165m to the North of the last mine working on the level 12 (420m from surface) and 125m below an historical exploration drive on the level 8 (285m from surface). The most northerly historical underground sampling on the level 12 indicates the vein to be 2.1m true thickness at 10.7g/t gold. On level 8 immediately above the target area, historical sampling shows the vein to be 1.6m true thickness with grades varying from 5.8g/t to 14.7g/t. The drilling is scheduled to commence on the 15th of February.

Click here to access the entire news release.

Click here to access Woulfe Mining’s company profile.

woulfe mining corp tsxv:wof woulfe mining
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