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Woulfe Mining’s New NI43-101: Molybdenum Grade Increased by 34%

Written by Investing News Network
|
Apr. 02, 2012 11:17AM PST

The new NI 43-101 report for the Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4)Sangdong Project resource announces an overall increase in resources of 47% for the upper section.

The new NI 43-101 report for the Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) Sangdong Project resource announces an overall increase in resources of 47% for the upper section.

As quoted in the press release:

The NI43-101 report for the Sangdong Project resource was released today containing new information:

  • Upper section (above level 3) indicated tungsten resource as reported increased by 195% (2.7 times excluding hanging wall ore body)
  • Upper section (Above level 3) Inferred resource increased 2%.

Even with the significant increase in indicated resource above the valley floor the inferred in the same area increased by 2% which gave an overall increase in resources of 47% for the upper section.

  • Lower area below level 3 was modelled giving the higher level of understanding of the mineralisation and the tungsten grade increased by 47% and molybdenum grade 34% which is understandable as we approach the historically drilled high grade molybdenum modelled by KORES below the skarn mineralisation.

Click here to read the Woulfe Mining Corp. (TSXV:WOF) press release


Click here to see the Woulfe Mining Corp. (TSXV:WOF) profile.

ni 43-101 report woulfe mining otcqx:wfemf tsxv:wof
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