Articles Tagged "Woulfe Mining"

Woulfe Mining Corp. Restates and Clarifies Reports and Disclosures

Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) clarified, restated, and updated previously issued reports and disclosures on its website. The 2010 Scoping Study and mineral resource estimates have been superseded by a feasibility study on the Sangdong property having an effective date of June 6, 2012. The Feasibility Study did not contain a complete mineral resource update, but converted a prior reported Indicated Resource of 16.4 Mt @ 0.45% WO3 with a cut-off of 0.15% WO3 to the Probable Reserve reported above.

Woulfe Mining Corp. Restates and Clarifies Reports and Disclosures
Woulfe Mining Acquires 60,000m2 of Land Adjacent to Sangdong

Woulfe Awards Mining Contract to Youngin Industries, Increases NPV by 34%

Moly – Woulfe Mining (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) awarded a mining development and production contract to Youngin Industries Corporation and in doing so, also announced that mine production cost will be lower by 49% and will increase the project NPV from US$400.3 million to US$535.2 million, taking IRR from 46.0% to 65.6%.

Woulfe Awards Mining Contract to Youngin Industries, Increases NPV by 34%
Woulfe Mining Reports First Blast of Production Portal at Sangdong
Assay Results from Sangdong Announced by Woulfe Mining
Woulfe Mining Appoints Mining Contractor For Sangdong
Shinhan Bank Moves Forward With Due Diligence for Woulfe Mining’s Sangdong Project Financing
Due Dilligence Completed on Woulfe Mining’s Sangdong Project
Due Dilligence Completed on Woulfe Mining’s Sangdong Project