WOULFE MINING CORP. ("WOF") - News, Fragen, Bewertung uvm. - 500 Beiträge pro Seite

[volvocb]

WOULFE MINING CORP. ("WOF")
(formerly Oriental Minerals Inc. ("OTL"))
BULLETIN TYPE: Name Change
BULLETIN DATE: February 24, 2010
TSX Venture Tier 2 Company

Pursuant to a resolution passed by Directors on January 11, 2010, the Company has changed its name as follows. There is no consolidation of capital.

Effective at the opening Thusday, February 25, 2010, the common shares of Woulfe Mining Corp. will commence trading on TSX Venture Exchange, and the common shares of Oriental Minerals Inc. will be delisted. The Company is classified as a 'Mineral/Exploration Development' company.

Capitalization: Unlimited shares with no par value of which 183,408,493 shares are issued and outstanding

Escrow: Nil shares

Transfer Agent: Computershare Investor Services
Trading Symbol: WOF (new)
CUSIP Number: 98212A 10 5 (new)

http://www.marketwire.com/press-release/TSX-Venture-Exchange…

[volvocb]

Antwort auf Beitrag Nr.: 39.008.389 von volvocb am 25.02.10 09:51:04

Hi, einen schönen guten Morgen.

Ich gehe nach dem schnellen Namenswechsel davon aus, das wir bald die PEA zu sehen bekommen werden.
Heute oder in der nächsten Woche, denke ich.

Was meint ihr?

Der Name OTL hat mir besser gefallen, aber egal.
Hauptsache es geht bald über 1€.

Ich wünsche euch viel Spaß und allen investierten viel Erfolg.

[volvocb]

Antwort auf Beitrag Nr.: 39.008.449 von volvocb am 25.02.10 09:56:47

Longview heißt jetzt Resinco Capital! Seit 12.2009

LONGVIEW CAP PARTN - Aktie
WKN: A0LCWJ | ISIN: CA5432091000

Resinco Capital - Aktie
WKN: A0YFTR | ISIN: CA76112T1012 | L6V

Die Nachricht nochmal für alle, die es noch nicht gewusst haben.

[volvocb]

Antwort auf Beitrag Nr.: 39.008.547 von volvocb am 25.02.10 10:05:34

Anmerkung: Woulfe Mining Inc. sollte verschärft beobachtet werden. Seitdem sich Westech eingekauft hat, gibt es zunehmend positive Signale. Investoren mit Freude am risiko- aber auch aussichtsreichen Engagement sollten nicht mehr allzulange zögern.

Quelle http://www.uptotrade.de/talk/showthread.php?t=1805&page=73&p… Seite73!

[volvocb]

Antwort auf Beitrag Nr.: 39.008.665 von volvocb am 25.02.10 10:16:28

www.orientalminerals.com
Die Deutsche Seite von OTL wird leider aus Kosten gründen zurzeit nicht mehr aktualisirt.

Wann wird es eine neue Hompage geben, von WOF?

[volvocb]

Antwort auf Beitrag Nr.: 39.008.710 von volvocb am 25.02.10 10:21:04

Kleiner Tipp.
Bitte WOF nicht in einer Suchmaschine eingeben!
Falls man nicht lange suchen will.

Dann kommt WOF = "WORLD OF FITNESS"

[volvocb]

Antwort auf Beitrag Nr.: 39.008.752 von volvocb am 25.02.10 10:25:18

Mehr über Westech International unter
http://www.westech-intl.com/index.htm

Wer kann mehr über diese Firma sagen?
Danke

[volvocb]

Mehr über Resinco Capital Partners unter
http://www.resincocp.com/s/Home.asp

Warum ist der Kurs zurzeit schlechter als bei WOF?
Danke

[genial67]

Antwort auf Beitrag Nr.: 39.008.449 von volvocb am 25.02.10 09:56:47

Wie kommst du dadrauf???

[volvocb]

Antwort auf Beitrag Nr.: 39.009.850 von genial67 am 25.02.10 12:08:41

Hi, lese dir die Beiträge hier im OTL*Wiederaufertstehung mit neuem Managment und der bevorstehenden PEA Thread durch.

Ich finde das es seit Dez. sehr gut läuft bei WOF und es sicher bald sich was tun wird.
Mit dem Kurs kann keiner der Investierten Firmen in WOF zufrieden sein.
Die PEA wird der erste große Schritt nach dem Namenswechsel und Umbau des Vorstands sein, das es wieder auf wärts geht.
Ich denke so, ich würde es auch so machen.
Kredite müssten auch wieder etwas leichter von den Banken bekommen zu sein.

[ghost686]

Antwort auf Beitrag Nr.: 39.010.164 von volvocb am 25.02.10 12:35:19

Genau so sieht es aus und das ist der Grund warum ich dabei bin! GLTA

[volvocb]

Nochmal in Deutsch (Automatisch Übersetzt)

1. Treffen mit Regierung und Betroffenen fanden in diesem Monat statt, sie waren sehr positiv und erreichte informellen Vereinbarung der Zusammenarbeit, zusammenzuarbeiten, um Sangdong so schnell wie möglich vorwärts zu bringen.

2. Unabhängige Geological and Environmental derzeit stattfindenden Überprüfung der Kernaktivitäten.

3. Wardrop Ingenieure wurde damit beauftragt, eine Scoping-Studie mit zwei Optionen aufzustellen, die Anfang März 2010 erreicht wird.

February 03, 2010
Corporate Update
Quelle: http://www.orientalminerals.com/s/NewsReleases.asp?ReportID=…

[admico]

Vancouver, BC, February 25, 2010 -- Woulfe Mining Corp. (WOF: TSX-V) ("Woulfe" or the "Company") (formerly Oriental Minerals Inc. (OTL: TSX-V) announces that effective today, Oriental Minerals has changed its name to Woulfe Mining Corp. and has commenced trading on the TSX Venture Exchange under the symbol "WOF".


Woulfe Mining Corp. Focus.

Woulfe Mining has secured a portfolio of mining leases in South Korea consisting of mines closed during the downturn in metal prices. The mines have known mineralization, extensive mine development and surface support infrastructure and thus can readily be reactivated.

Our flagship and prime focus is the Sangdong Mine which up to its closure in 1992 was a significant producer of tungsten and molybdenum with credits for bismuth and gold. The Sangdong Mine was owned and operated by Korea Tungsten which led the way in the development of large steel companies such as POSCO and the manufacture of tungsten and molybdenum related products. The Sangdong project is strategically located 175 km south east of Seoul, the capital of South Korea, a ready market for Woulfe's production with several companies consuming tungsten and molybdenum there.

The Company will complete a scoping of the project and economic assessment study in early March, 2010 to consider the reopening of Sangdong mining operations using modern mining techniques to support a 2.5 million tonne per annum processing facility. Mineral processing will be based on known technology with crushing, grinding, flotation and gravity separations to produce ammonium paratungstate ("APT") to be sold primarily into domestic Korean markets. Sangdong is also well placed being close to the world's manufacturing giants China and Japan.

Meetings held with the local community and county leaders in January, 2010 have been extremely positive with promised cooperation and assistance in the redevelopment of the Sangdong Mine.

Processing tungsten is by flotation and gravity methods and no environmentally harmful chemicals are therefore released. An environmental review of the Sangdong Mine was commissioned in February, 2010 and this will be released to the market shortly.

The South Korean economy has outperformed all economies world wides, boasting the world's highest growth rate escaping recession during the recent global financial crisis.


On Behalf of the Board of Directors
Brian Wesson
CEO & President


For further information please contact:
Brian Wesson CEO & President Woulfe Mining Corp.
[e-mail]/ mob [phone] /skype address westechbrianwesson

Further information please e mail us [e-mail] Or visit the website www.woulfemining.com (www.orientalminerals.com)

Woulfe Mining Corp.
408 - 837 West Hastings Street
Vancouver, BC V6C 3N6, Canada
Admin [phone]
Fax [phone]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Company's periodic filings with Canadian Securities Regulators. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the potential for delays in exploration or development activities, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties with or interruptions in production and operations, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including environmental regulatory restrictions and liability, competition, loss of key employees, and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

________________________________

Copyright © 2010 ORIENTAL MINERALS INC. (OTL) All rights reserved. For more information visit our website at http://www.orientalminerals.com/ or send email to [e-mail] <mailto:[e-mail]?Name=Oriental%20Minerals%20Inc%2E&Subject=Re%3A%20News%20Releases%20%2D%20Thursday%2C%20February%2025%2C%202010&Body=Re%3A%20%27News%20Releases%20%2D%20Thursday%2C%20February%2025%2C%202010%27%20email%20sent%20Thu%20Feb%2025%2C%202010%20at%207%3A42%3A27%20AM%20Pacific%20Time%20from%20the%20Oriental%20Minerals%20Inc%2E%20interactive%20website%0D%0A%0D%0A%0D%0A> .
Message sent on Thu Feb 25, 2010 at 7:42:27 AM Pacific Time ________________________________

[volvocb]

Antwort auf Beitrag Nr.: 39.012.770 von admico am 25.02.10 16:50:50

Nochmal in Deutsch, (Automatisch Übersetzt.)

1.Das Unternehmen wird zudem eine Vorstudie über das Projekt und wirtschaftlichen Studie zur Bewertung der Anfang März 2010 zum Abschluss zu prüfen, die Wiedereröffnung des Sangdong Bergbau.

2.Eine Umweltprüfung der Sangdong Mine wurde im Februar in Auftrag gegeben, 2010, und das wird für den Markt freigegeben werden in Kürze.



Quelle: Copyright © 2010 ORIENTAL MINERALS INC. (OTL) All rights reserved. For more information visit our website at http://www.orientalminerals.com/ or send email to [e-mail] <mailto:[e-mail]?Name=Oriental%20Minerals%20Inc%2E&Subject=Re%3A%20News%20Releases%20%2D%20Thursday%2C%20February%2025%2C%202010&Body=Re%3A%20%27News%20Releases%20%2D%20Thursday%2C%20February%2025%2C%202010%27%20email%20sent%20Thu%20Feb%2025%2C%202010%20at%207%3A42%3A27%20AM%20Pacific%20Time%20from%20the%20Oriental%20Minerals%20Inc%2E%20interactive%20website%0D%0A%0D%0A%0D%0A> .
Message sent on Thu Feb 25, 2010 at 7:42:27 AM Pacific Time



www.woulfemining.com

[volvocb]

"Die Scoping Studie besteht aus einer weiteren Prüfung der Mineralressourcen und gibt Aufschluss über die zukünftige Minenentwicklung, Reduktion, nachfolgende metallurgische Verarbeitung, Transport der Mineralien, sowie Abfallentsorgung, Infrastruktur, Produktverkauf, Bedarf an Arbeitskräften, Nachhaltigkeit, Marketing und Lebensdauer der Minenvorräte."

Ist doch so richtig, etwa?

Wenn die fertig ist, die Studie und die PEA , dann kann der Abbau beginnen, wenn alle Lizensen gesichert sind, oder was meint ihr?

[volvocb]

Die economic assessment study = "Wirtschaftlichkeitsstudie, welche auf die finanziellen und rechtlichen Aspekte sowie auf die Risikoeinschätzung (insbesondere des Bohr- und Fündigkeitsrisikos) eingeht, wird interessierten Akteuren ein Überblick über die wichtigsten Eckpunkte vermittelt. Gleichzeitig gibt die Studie politischen Entscheidern die Möglichekit, Defizite in der Wertschöpfungskette zu erkennen und gezielte Fördermaßnahmen zu entwickeln."

Ist doch so richtig, etwa?

[volvocb]

2,5 Millionen Tonnen pro Jahr - Verarbeitung.
Das hört sich doch sehr gut an, zum Anfang.

Die nächsten 2-3 Wochen werden sehr spannend.

[volvocb]

Guten Morgen, kann jemand bitte von Kanada und Frankfurt einen neun Chart reinstellen. Danke

[volvocb]

25.02.2010 16:15
OZ4,4FE: AUSSETZUNGEN/SUSPENSIONS
DIE FOLGENDEN AKTIEN SIND AB SOFORT AUSGESETZT:
THE FOLLOWING SHARES ARE SUSPENDED WITH IMMEDIATE EFFECT:

INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL

Oriental Minerals OZ4 CA68619L1031 BAW/UFN
Davie Yards 4FE CA2386811004 BAW/UFN


© 2010 Xetra Newsboard

Quelle http://www.finanznachrichten.de/nachrichten-2010-02/16233994…

[volvocb]

26.02.2010 00:15
CAPITAL ADJUSTMENT INFORMATION - 01.03.2010 - 1
FOLGENDE WERTPAPIERE WERDEN AM 26.02.2010 CUM KAPITALMASSNAHME UND AM
01.03.2010 EX KAPITALMASSNAHME GEHANDELT.
THE FOLLOWING SHARES ARE TRADED CUM CAPITAL ADJUSTMENT ON 26.02.2010
AND EX CAPITAL ADJUSTMENT ON 01.03.2010.

INSTR ISIN INSTRUMENT NAME
OZ4 CA68619L1031 ORIENTAL MINERALS INC.
SKP CA8306061091 ECO RECOVERY CORP.
B8Z IT0004231566 BCA POP.SOC.COOP. EO3,60
4NIA JP3046180000 NIPPON RESIDENTIAL INV.
RPHA ZAE000013181 ANGLO PLATINUM LTD.RC-,10


© 2010 Xetra Newsboard

Quelle: http://www.finanznachrichten.de/nachrichten-2010-02/16237654…

[volvocb]

26.02.2010 15:39
OZ4, NLY1: AENDERUNG / CHANGE ISIN
FUER FOLGENDE INSTRUMENTE WERDEN ISIN, WKN UND KUERZEL GEAENDERT. GUELTIG
AB: 01.03.2010.
FOR THE FOLLOWING INSTRUMENTS ISIN, WKN AND SHORT CODE WILL CHANGE. VALID
FROM MARCH 01, 2010.

Einstellung Aufnahme
ISIN Kuerzel Name Einst. mit Ablauf: ISIN Kuerzel Name Ab dem:
Anmerkungen

CA68619L1031 OZ4 ORIENTAL MINERALS INC. 26.02.2010 CA98212A1057 OZ4
WOULFE MINING CORP. 01.03.2010 Tausch 1 : 1
KYG3931B1068 NLY1 CN PUBL.HEALTHC.HG HD-,01
26.02.2010 KYG2158G1038 NLY1 CN PUBL.HEALTHC.HG
HD-,01 01.03.2010 Tausch 1 : 1

Quelle: http://www.finanznachrichten.de/nachrichten-2010-02/16245137…

[volvocb]

New MANAGEMENT
CHANGE:
The Board of Directors currently consists of:
- Mr. Brian Wesson
- Ms. Amelia Wesson
- Mr. Ian Fodie
- Dr. Kevin Kartun
- Mr. John Icke

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000bapwAr0PE-jxhOf…

[volvocb]

Die Firma fährt fort, sich auf sein Sangdong Eigentum in Südkorea zu konzentrieren. Ab dem Datum dieses Reports, hat die Firma das erforderliche USD$11.12 Million abgeschlossen, um das Sangdong Eigentum völlig zu erwerben und hat zusätzliches $17.79 Million in den Erforschung- und Entwicklungskosten aufgewendet, die auf dem Eigentum bezogen werden.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000bapwAr0PE-jxhOf…

[volvocb]

Automatisch übersetzt.
Die Chongyang ehemals produzierende Mine ist eine Wolfram-Mine und ist zu 100% im Eigentum der Gesellschaft. Die Mine
wurde zuvor für Gold durch Indochina Goldfields im Jahr 1995 ausgewertet, wenn die Tagebau Potenzial für die Wolfram-Molybdän-Mineralisierung wurde erkannt.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000bapwAr0PE-jxhOf…

[volvocb]

(formerly ORIENTAL MINERALS INC.)
INTERIM CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2009
(Unaudited – prepared by management)
(Expressed in Canadian Dollars)

Automatisch Übersetzt.
(ehemals Oriental Minerals Inc.)
Konzernzwischenabschluss
31. Dezember 2009
(Ungeprüft - vorbereitet durch das Management)
(Ausgedrückt in kanadischen Dollar)

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[rotie1]

Antwort auf Beitrag Nr.: 39.025.756 von volvocb am 27.02.10 12:14:15

Hallo,
du scheinst im Moment sehr euphorisch zu sein bzgl. unserer "alten Oriental". Das ging mir auch mal so, bevor die Finanzkrise kam. Im Grunde genommen bin ich auch immer überzeugt geblieben von der Investition (nicht wenig!) in die Firma. Man sollte die Finanzkrise hier vielleicht als 2.Chance sehen, nochmal "saubillig" in eine langfristige Erfolgsstory einzusteigen. Man bedenke das Kursziel als Produzent von Wolfram, Molybdän und Gold in ein paar Jahren! Da macht es schon einen Unterschied, ob man 2007 für 2.20€ oder jetzt für 0.12€ eingestiegen ist.
Ich wünsche dir, allen anderen Investierten (und damit nicht zuletzt auch mir:laugh hier einen Mega-Erfolg, aber in erster Linie Gesundheit. Die ist mehr wert als alles Geld der Welt. (Amen)

[volvocb]

automatisch übersetzt.
... Zukunft südkoreanischen Exploration Strategy
Eine Fortsetzung des Explorationsprogramms in Südkorea mit:
? Sangdong - Entwicklung eines 3D-Modells der Sangdong-Mine und die Prüfung der Daten. Das Unternehmen und Wardrop haben sich geändert den Anwendungsbereich auf die U-Bahn-Bergwerk wieder zu öffnen und arbeitet an einem Scoping / Vorläufiges Wirtschafts - Assessment im März 2010 geliefert werden. Vorbehaltlich der Ergebnisse der Scoping-Studie, die
Unternehmen beabsichtigt, um die Machbarkeit und öffnen damit den vorhandenen Tunnels und Bohren der Gänge zu
Upgrade Kategorie Ressourcen.
? Muguk Gold Projekt wird modelliert und neun Löcher wurden gebohrt, um gelegt werden und auf die
historischen ore reserve.
? Entwicklung Strategie für die langfristige Entwicklung der anderen Projekte wie die Arbeit erforderlich ist, um
Erhaltung der Pachtverträge ...

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[Heinzmann]

Hat eigentlich Woulfe Mining die alte WKN A0KFUA von OTL behalten oder gibt es eine neue WKN?

[volvocb]

Alle Nachrichten/Infos/Quellen von oder über WOF/OTL, nochmal zum lesen unter:

http://www.finanznachrichten.de/nachrichten-aktien/woulfe-mi…

http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

Keine Werbung von mir, nur zur Info für neue WOF Interessenten.

[volvocb]

Antwort auf Beitrag Nr.: 39.025.899 von Heinzmann am 27.02.10 13:07:04

FUER FOLGENDE INSTRUMENTE WERDEN ISIN, WKN UND KUERZEL GEAENDERT. GUELTIG AB: 01.03.2010

Quelle: Quelle: http://www.finanznachrichten.de/nachrichten-2010-02/16245137…

Ich glaube der Name ändert sich und das Kürzel, von OTL in WOF.

WOULFE MINING CORP.
WKN: A0KFUA
ISIN: CA68619L1031

Ab Montag wissen wir mehr.

[volvocb]

Bei boerse.de steht der RT Kurs von OTL bei 25 cent!

Ob das so stimmt?

Was wird mit dem Kurs am Montag pssieren?

[kbe]

Antwort auf Beitrag Nr.: 39.026.050 von volvocb am 27.02.10 13:58:02

Der Kurs von WOF hat am Freitag in Kanada bei 0,23 Kanada Dollar geschlossen.In Euro bedeutet das 0,16 Euro.
Es gab jedoch leider fast keine Umsätze.Mit 10000 WOF ging der Kurs auf die 0,23.

[Attos]

Das ist die aktuelle Kursstellung bei L & S !!!!!

?????????????????????????? Kann das sein ?????????????????


Name:ORIENTAL MINERALS INC
BID:0.244
ASK:0.258
Tendenz:tendenz
Change:0.000
Change %:0.00%
Kurs von 2010-02-27 12:02:04


Attos

[volvocb]

Antwort auf Beitrag Nr.: 39.026.325 von Attos am 27.02.10 15:46:16

Solange in Canada der Kurs nicht über 0,23 cad steigt am Monatag, wird wohl der Kurs bei uns (RT L&S) auch wieder von 0,25€ runter kommen, falls der wirklich stimmt.

Abwarten und Tee trinken.

[volvocb]

"Die Börse ist ein Paternoster.
Es ist ungefährlich,
durch den Keller zu fahren.
Man muss nur die Nerven behalten"

Mein Nerven halten schon seit 12.2006 bei OTl durch.
Es kann nur noch aufwärts gehen.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.026.396 von volvocb am 27.02.10 16:27:23

Wo bist du denn eingestiegen???

[volvocb]

Antwort auf Beitrag Nr.: 39.026.413 von Heinzmann am 27.02.10 16:32:38

Im Dez. 06 bei 95 cent, habe aber auf 20 cent verbilligt. Vor 2 Wochen war ich schon ganz kurz im Plus. grins

Bald wieder.

DU?

[Heinzmann]

Antwort auf Beitrag Nr.: 39.026.604 von volvocb am 27.02.10 17:45:43

Ich habe einen Einkaufskurs von 28 cent.

[volvocb]

24.01.2010
Der Hammer schlecht hin...
<H1>Der Hammer!</H1>

Im Stocks-Forum schreibt ein Blogger 2006: "Allein die Molybdän- und Wolframressourcen würden damit einen Wert von 26 Milliarden USD repräsentieren. Dabei seien die erheblichen Gold- und Silbervorkommen noch nicht einmal eingerechnet. Branchenüblich sei eine Bewertung von zehn Prozent der Ressourcen, das wären bei Oriental Minerals 2,5 Milliarden Dollar." Demzufolge müsste die Aktie heute einen Wert von € 22.00 haben! Zukünftige Erfolge und Gewinne noch gar nicht eingerechnet! Aber lesen Sie selber:

Quelle:Http://forum.stocks.ch/forum/Oriental_Minerals_Blue_Pearl_2-t273159

Was soll man dazu noch sagen!

[volvocb]

ISIN CA98212A1057
WKN A1CTE1
Ticker OZ4
Symbol WOF

RT Chart unter https://konto.flatex.de/onlinebanking-flatex-wpinfo/paperInf…

oder unter der neuen ISIN Nummer auch bei Wzu finden.
Wird wohl ab morgen erst richtig laufen.

RT:
Geld: 0,153
Brief: 0,18

[volvocb]

In Canada ist nicht viel los,
haben wohl keine Nachrichten gelesen und nur den Eishockeysieg gefeiert.

Platz 2 hinter Canada im Medaillenspiegel.

Olympia ist vorbei und bei WOF gehts hoffentlich bald aufwärts.

0,245cad 15.47 Uhr

[volvocb]

Kein Umsatz in Deutschland oder Canada heute/gestern, warten wohl alle auf die News.

Aber 0,17€ ist auch nicht schlecht.

[volvocb]

Resinco Capital
0,099 +59,68 %

Frankfurt (EUR), 03.03.10
WKN: A0YFTR

Zumindest geht bei Resinco etwas nach oben.

[genial67]

Antwort auf Beitrag Nr.: 39.051.718 von volvocb am 03.03.10 17:08:28

ja toll! aber mit was für einen volumen! lächerlich,die geht morgen wieder runter,leider

[volvocb]

Mar 08, 2010 10:08 ETWoulfe Announces Positive Results from Its Sangdong Scoping Study
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Woulfe Mining Corp. (TSX VENTURE:WOF)

Woulfe Mining Corporation ('WOF' – the Company) of Vancouver Canada announces the completion and release of its Scoping Study for the Sangdong Property re-establishment project in Gangwon Do province, South Korea. The Study has been prepared by Wardrop Engineering Inc., a Tetra Tech Company (Wardrop) in their UK office to provide details of the scope and preliminary economic estimates for the company to reopen and redevelop the de-commissioned underground Sangdong Tungsten/Molybdenum mine. Sangdong was operated as an underground mine from 1947 until 1992.

Highlights of the study include:

■26.4% Internal Rate of Return
■3.4 Years payback on US$289m Capital
■Direct Operating Costs of US$32.50/t processed
■US$462 M Net Present Value at 8% discount value
■Current operational plans envisage production rate of 2.5 Mt per year over a 15 year mine life
The Study provides support for the company's plans for refurbishment of a small scale, high grade underground operation in a skarn type deposit using existing mine access, extensive underground development and other mine infrastructural assets which include buildings to house a new process plant, offices, mine and workshops and personnel facilities. The Company plans the reopening of the mine and a programme of long and short-hole diamond drilling to provide samples for metallurgical testing and additional information for the planned feasibility study.

Mineral Resource Estimate

Skarn

The Wardrop resource estimate for the skarn mineralisation was completed using data from 91 recent surface diamond drill holes and 788 underground diamond holes completed during the mine operations. The estimate is dated 4th March 2010 and at a reporting cut-off grade of 0.1% WO3, is summarised in the table below:

Category Zone Tonnes WO 3% MoS 2%
Inferred Hangingwa ll 45.8 0.32 0.05
Inferred Footwall 57.4 0.37 0.04

Notes: MoS2 is reported in terms of WO3 cut-off; the resource category of Inferred has been assigned due to the age of the underground drill holes


The Wardrop resource estimate for the stockwork mineralisation was completed using data from 32 underground diamond holes completed during the mine operations. The estimate is dated 4th March 2010 and at a reporting cut-off grade of 0.16% MoS2, is summarised in the table below:


Category
Zone Tonnes MoS2 %

Inferred Stockwork 7.1 0.18

Financial Analysis

The mining and economic aspects of the study consider only the Footwall zone resource. From this zone an economic evaluation of the Sangdong Project was prepared by Wardrop based on a pre-tax financial model. For the 15 year mine life the following pre-tax financial parameters were calculated:

26.4 % IRR
3.4 yrs payback on US$ 289 million capital
US$ 462 million NPV at 8% discount value.

The base case commodity prices were as follows:

Ammonium Paratungstate (APT) – US$250 /mtu
Molybdenum – US$15.00 /lb Mo

The overall processing recovery for WO3 was 69%.

Additional potential at the project includes the Hangingwall Zone and the Jangsan Molybdenum Stockwork underlying the Footwall zone. Both the Hangingwall and Footwall zones and Stockwork are open along strike and down dip. A possible Main Zone resource and remnant pillars are undefined. None of the above are considered in this study but will be evaluated in future studies.

Completion of the Study also triggers the completion of the deal which the Company made with Se Woo mining whereby, Woulfe will now receive a further 19% interest in the Sangdong property lifting its share to 70%. The company has the right to secure 100% ownership on completion of a full feasibility study. Its remaining obligation to Se Woo is a 2% net smelter royalty once production restarts.

Brian Wesson, Woulfe's President, has said today "I am delighted with the results of this study which confirms the results of our own research into the potential of the Sangdong mine. We will now move forward quickly to finance our drilling programme at Sangdong, which will enable us to prepare a full feasibility study when completed."

Woulfe Mining Focus

Woulfe Mining (formerly Oriental Minerals) is focused on a portfolio of mining leases in South Korea consisting of mines closed during the downturn in metal prices, followed by Asian financial crisis. The flagship Sangdong Mine was a significant producer of tungsten and molybdenum up to its closure in 1992. Woulfe is building up momentum in moving the project forward since the restructuring and financing of the company in December 09. The focus is on an underground bulk mining operation to produce ammonium paratungstate ("APT") that is in demand in Korean and markets in China and Japan. As the company is operating in Korea that is a large manufacturing country, we are considering opportunities to value add the products.

Notes:

A Technical Report summarising the scoping study will be filed within 45 days of the date of this release. This report will then be also available at www.sedar.com.

The persons listed below from Wardrop Engineering Inc. are independent Qualified Persons as defined by NI 43-101 and have reviewed and approved the contents of this news release.

Eur. Ing. Andrew J. Carter C. Eng., MIMMM, MSAIMM, SME (Processing)
Mr. Scott Cowie, BE (Mining), LLB, MAusIMM (Mining and Financial Analysis)
Mr. Paul Gribble, C. Eng., FIMMM (Resource Estimate)

Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information and even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the following: commodity price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of mineral exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the appropriate regulatory authorities.

Cautionary Note Regarding Mineral Reserves and Mineral Resources

The terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource", "Inferred Mineral Resource" and "Mineral Reserve", "Proven Mineral Reserve" and "Probable Mineral Reserve" used in this release are Canadian mining terms as defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council on August 20, 2000 as may be amended from time to time by the CIM. These definitions differ from the definitions in the United States Securities & Exchange Commission ("SEC") Guide 7. In the United States, a mineral reserve is defined as a part of a mineral deposit which could be economically and legally extracted or produced at the time the mineral reserve determination is made. These terms are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the SEC. As such, information contained in this report concerning descriptions of mineralization and resources under Canadian standards may not be comparable to similar information made public by U.S companies in SEC filings.
With respect to "indicated mineral resource" and "inferred mineral resource" there is an amount of uncertainty as to their existence and uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category.
Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. Mineral reserves are not estimated at scoping level. The Canadian National Instrument 43-101 (NI 43-101) defines a mineral reserve as "the economically mineable part of a Measured or Indicated Mineral Resource demonstrated by at least a Preliminary Feasibility Study". A scoping study is based on measured, indicated, and inferred mineral resources. All levels of resources have been included in this study. This scoping study is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorised as mineral reserves, and there is no certainty that the preliminary assessment will be realised. The Potentially Extractable Resource is the resource planned for extraction and processing.

For a detailed discussion of the study and related matters refer to the technical reports filed under the Company's name at www.sedar.com.

This information is available on our website at www.woulfemining.com



For more information, please contact

For further information or to obtain a copy of the study,
please contact: Woulfe Mining Corporation
Ms. Amelia Wesson
Vice President and Director of Investor Relations
([phone])
or
Woulfe Mining Corporation
Mr. Brian Wesson
President
([phone])
Ideally please send text message and we will get back to you
or
Woulfe Mining Corporation
408-837, West Hastings Street,
Vancouver, BC, V6C 3N6, Canada.
[phone]
[phone] (FAX)
[e-mail]
Click here to see all recent news from this company

Quelle: http://www.marketwire.com/press-release/Woulfe-Announces-Pos…

[MONSIEURCB]

Mal zwischendurch eine - vielleicht naive - Frage:
Warum gibt es hier bei w/o eigentlich ZWEI threads zu Woulfe?
Danke für Erklärungen ...

[volvocb]

Antwort auf Beitrag Nr.: 39.085.970 von MONSIEURCB am 08.03.10 17:07:09

Hi, eigentlich zehn, wenn du nach unten zu den Threads schaust!
Bei mir sind, Nachrichten und neue Infos und in den anderem Thread kann man sich über WOF früher OTl unterhalten, usw.
Bist überall willkommen.

[volvocb]

Was meint ihr zur Scoping Study?

Gute News?

Was wird jetzt als nächstes kommen?

[volvocb]

Footwall ist nur in der Scoping Study angerechnet.
Ca. 53% von SangDong.
Tonnes: 57.4
WO3(%): 0.37
MoS2(%): 0.04

Hangingwall
Tonnes: 45.8
WO3(%): 0.32
MoS2(%): 0.05

Stockwork
Tonnes: 7.1
MoS2(%): 0.18

[volvocb]

Gestern ist noch das Certificate als News gekommen vom Namenswechsel. OTL zu WOF am 25.2.10.

Quelle:http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[volvocb]

Hier hat sich jemand gedanken gemacht!

Aber genau die stellt alles, was vorher sicher "spektakulärer geklungen" hat, auf eine erste solide Grundlage, auf der sich die weitere Entwicklung von einer endgültigen Machbarkeitsstudie, der Finanzierung bis zur Konstruktion, dem Bau und Betrieb eines Bergwerks vollziehen wird.

Die Umbenennung hat dem Kurs einen weit stärkeren Auftrieb gegeben als es nun mit der Studie zunächst mal der Fall ist.
Da wurde m.E. einiges vorweggenommen, zumal die Erwartungen an die Resource- nicht zuletzt durch gewisse ältere "spektakuläre" Veröffentlichungen - schon recht hoch gewesen sind.
Aber auch die nüchterne Veröffentlichung von Montag lässt Raum für Fantasie:

"Additional potential at the project includes the Hangingwall Zone and the Jangsan Molybdenum Stockwork underlying the Footwall zone. Both the Hangingwall and Footwall zones and Stockwork are open along strike and down dip. A possible Main Zone resource and remnant pillars are undefined. None of the above are considered in this study but will be evaluated in future studies."

Schließlich bezieht sich die Scoping Study nur auf eine Zone der Lagerstätte, mit gerade mal 52 % des Vorkommens.
Eher noch weniger, denn die anderen beiden Bereiche sind bezüglich Streichrichtung und Einfallen offen.

"Warum sollte eigentlich Brian Wesson nun was bringen? Er ist also besser als
Damien Reynolds?"

Ich habe meiner Verwunderung, dass es dem alten Management nicht gelungen ist, das Projekt voranzubringen, schon im Eingangsposting Ausdruck gegeben.
Fakt ist, dass man offensichtlich nicht in der Lage war, das notwendige Geld aufzutreiben.
Meldungen wie jene vom 01.12.2009 z.B. hören sich jedenfalls ziemlich klamm an:


"Vancouver, BC, December 1st, 2009 -- Oriental Minerals Inc. (OTL: TSX-V) (the "Company") is pleased to announce that it has negotiated a deferment of the US$1 million vendor payment obligation on the Sangdong tungsten-molybdenum project in South Korea. The payment due November 30, 2009, has now been deferred to December 18, 2009."

Und genau da kann jetzt Brian Wesson besser sein.
Google doch mal nach ihm und seiner Fa. Westech und Du wirst sehen, dass da keine Theoretiker am basteln sind. Aus einer stillgelegten Goldmine auf Fidji hat er z.B. wieder eine Goldgrube gemacht.
Mit der Scoping Study hat man jetzt für die weitere Finanzierung eine wichtige Unterstützung in der Hand.

Quelle:http://www.ariva.de/forum/Woulfe-Mining-Wolfram-Molybden-Gol… Seite:2

[volvocb]

2010 höherer Molybdänpreis erwartet

22.02.10,

Die Molybdänpreise werden nach Ansicht von Analysten im laufenden Jahr dank eines starken Wachstums in China und einer Erholung in den entwickelten Ländern steigen.

Allerdings könnte es bei plötzlichen Schwankungen im Angebot zu Preisfluktuationen kommen, falls kleine chinesische Produzenten ihren Output zu schnell steigern sollten. CRU Strategies erwartet 2010 einen Anstieg der globalen Nachfrage nach dem Metall um 7,3% auf 453 Mio lbs, verglichen mit 420 Mio lbs im vergangenen Jahr. Chinas Bedarf werde um nahezu 13% wachsen, meint CRU. Das vor allem im Kupferbergbau anfallende Molybdän wird als Legierungsmittel für Edelstahl und in Flugzeugteilen, Öl- und Gasrohren sowie Industriemotoren verwendet, weil es sehr beständig gegen Korrosion ist und extremen Temperaturen widersteht. Während der Finanzkrise ist die Nachfrage nach Rostfreistählen deutlich gesunken, deren Produktion rund 25% des Molybdänverbrauchs aufnimmt. 2010 wird aber eine Erholung der Nachfrage erwartet, und Roskill Information Services sagt einen Bedarfsanstieg bei Rostfreistahl um 8% voraus. Infolgedessen dürfte das globale Angebot an Molybdän um 5,8% auf 467 Mio lbs zunehmen, woraus ein Überschuss von 14 Mio lbs resultieren dürfte. CRU hält einen Überschuss von 15 Mio bis 20 Mio lbs für beherrschbar, ohne dass ein Preisrückgang erfolgen müsste.
Molybdänoxid werde 2010 über 10 USD/lb bleiben und einen Durchschnitt von 12 bis 14 USD/lb erreichen, verglichen mit 11,35 USD/lb im vergangenen Jahr. Roskill sagt einen Durchschnitt von 17 USD/lb voraus, der 2011 sogar auf 20 USD/lb steigen werde. Bis 2014 werde sich ein Defizit im Molybdänangebot entwickeln, so dass der Preis bis auf 40 USD/lb wachsen könnte. Am 12. Februar 2010 lag Molybdänoxid bei einem Durchschnitt von 16 USD/lb. Der Rekordstand war mit 39 USD/lb im Mai 2005 erzielt worden, seither hatte sich der Preis bis auf weniger als 10 USD/lb (April 2009) zurückgebildet. CRU erwartet, dass bis 2015 rund 125 Mio lbs zusätzliche Kapazität in Produktion gehen wird, dieser Prozess werde 2012 einsetzen. Nachfragetreiber werden nach Meinung von CRU wie auch von Roskill die Sektoren Energie und Transport sein. Aus geographischer Perspektive dürfte China weiterhin das Wachstum antreiben, gleichzeitig werde es aber auch in den USA und Europa wieder zu einer Erholung kommen. Diese Regionen sind tendenziell größere Konsumenten von Spezialstahl als die Schwellenländer.

DJN/DJG/bdz/isj

Quelle:
http://www.dowjones.de/site/2010/02/2010-h%C3%B6herer-molybd…

[volvocb]

Rohstoffpreise!

Molybdenum Oxide MoS 2 17.2 USD

Quelle: http://www.mineralprices.com/

APT (Tungstate) ($ per MT) Bid 208 Ask 215 MM 10/03

Ferro-Tungsten ($ per kg) Bid 29.00 Ask 30.00 MM 10/03

Quelle: http://www.minormetals.com/main.aspx?mode=w

Info: WO3 Wolfram = Engl. Tungsten

[volvocb]

Objective Capital Rare Earth, Specialty & Minor Metals Investment Summit
Location: London. Thursday, 18 March 2010
Time: 8.30am - 7pm
To register: http://londonmining18mar10.eventbrite.com/

The cleantech revolution is leading a wave of interest in rare earths, tantalum, and the 'electric metals' lithium and vanadium. Similiarly economic recovery is leading to renewed interest in the speciality metals.

Next week's event will hosting over 20 of the world's leading experts, investors and companies presenting on lithium, vanadium, chromite, niobium and tungsten and a special focus track of six rare earth projects spanning the globe.

Join us next Thursday and find out what makes a successful rare earth deposit; how the fight against 'conflict tantalum' will affect consumer items like mobile phones and mine developers like Commerce Resources; and how the electric car industry is driving the excitment in lithium and vanadium.

To request a place at the event register at:
http://londonmining18mar10.eventbrite.com/

Company presentations from companies developing projects in:

Tungsten

Brian Wesson
CEO
Woulfe Mining

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Market Release
Woulfe Mining Corp “WOF”
Vancouver, British Columbia - March 15, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Appointment of GMP Europe to raise C$10 million with
green shoe of C$5 million to fund feasibility
Woulfe Mining Corp (“Woulfe” or the “Company”) has retained GMP Securities Europe LLP
(“GMP Europe”) today to work with the Company to raise up to C$10 million with a potential
greenshoe of C$5 million to be used to take its Sangdong Mining Project to feasibility by first
quarter 2011 and conduct a 1,400m drill programme at its Muguk Gold Project.
Sangdong Feasibility
The scoping study released in March delineated an inferred 103.2 million tonnes of ore at an average
grade of 0.35% WO3 and 0.04% MOS2. The feasibility study will require drilling of the three lodes;
the Hanging Wall, Main and Footwall zones of mineralisation to verify historical work, increase the
level of confidence and move the resources to a higher category.
The application for the mine development licence is being prepared and will be submitted to the
provincial authorities in April 2010 and, subject to there being no unforseen issues, Woulfe is
expecting to receive clearance to access the old mine by July 2010. While the Company waits for
approval to access the underground workings, a vigorous surface drilling program of 11,000 metres
will be initiated from surface to delineate the Hanging Wall zone, barrier pillars in main lodes and
lateral potential and test for mineralisation in the limestone overburden.
On accessing the underground workings Woulfe plans to drill approximately 9,000 metres from
existing drives above the footwall zone. The company intends to purchase its own drilling machines,
loader and associated equipment to open and support underground access to allow drilling to proceed
and test targets in the Main and Footwall zones. In total 20,000 metres is scheduled to be drilled;
however, depending on what is discovered, the total metres drilled from surface or underground may
change. To drill, underground services will be required such as power, ventilation and safety
equipment, on-site staff will need to be trained and as we move down in depth the old workings will
be dewatered.
Once underground access is established, our latest mine block model, which will be completed in
May, will determine and verify the intended mining schedule. This information will provide the
platform for detailed reserve drilling and geotechnical analysis for optimising the mine plan. Trial
mining will take place to prove intended mining methods and take bulk samples for metallurgical test
work.
Muguk Gold
The Muguk Gold Project was developed down to a total depth of 600 metres with lateral drives
driven in on ore for sampling and exploration. Over 1,000 face samples were taken prior to closing
the mine in the 1990’s when the gold price fell. The average grade of all the historical samples was
30 grams per tonne of gold with a high silver content at an average width of 1.15 metres. Modelling
of the mineralisation is currently underway and two initial diamond holes of 700 metres each will be
drilled from surface to target and seek to verify the historical KORES sampling. On the strength of
the data from these holes a decision will be made whether to access the mine via an existing decline
to dewater and drill from underground or continue with surface drilling. KORES produced a non-NI
43-101 compliant reserve in the 1990’s of c. 600,000 ounces that cannot be relied on but indicates a
significant target.
Notes to Editors
Woulfe Mining Corp TSX-V (SYM: WOF), a Canadian company, holds a diversified portfolio of
assets in South Korea. Its flag ship project is the Sangdong Tungsten mine, which operated for 40
years. The Company was one of the world’s largest producers, and introduced new technology in
APT production and value addition. The recent resources delineated by Wardrop engineers in the
scoping study released to the market indicates that Sangdong has sufficient resources to once more
be one of the world’s great tungsten mines with associated smaller scale production of molybdenum,
bismuth and gold. Woulfe intends to move ahead rapidly to complete the feasibility study by Q1
2011 and make a development decision. The major task is the reopening of the existing mine access,
and conducting a surface and underground drilling campaign to move the current inferred resources
to higher categories. The metallurgy and mining is well known as the property was mined for 40
years; however, work will be carried out to fine tune and modernise mining methods and the
previous processesing techniques.
The Muguk Gold Project is the company’s second focus and if the historical data is to be believed,
there is a large gold target that has been previously developed and is now underwater. Pumping the
mine out is, in the Company’s opinion, likely to be far easier, quicker and more cost effective than
having to excavate a new mine. Modelling and drilling over the next few months will clarify the
situation and give the project direction.
Other pipe line projects are nine uranium/ vanadium leases, a closed base metal mine in close
proximity to a smelter that has existing historical resources and a second tungsten mine with open pit
potential on the same formation as Sangdong, but which is not expected to be anywhere near as large
a producer as Sangdong.


Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[volvocb]

Woulfe Mining's Sangdong Mine Area Given Clean Bill of Health
Posted on: Thu, 18 Mar 2010 13:45:00 EDT

Symbols: WFEMF, WOF

Vancouver, British Columbia CANADA, Mar 18, 2010 (Filing Services Canada via COMTEX) --
Woulfe Mining Corp. ( WOF | Quote | Chart | News | PowerRating - TSX Venture), ("Woulfe") is pleased to announce that an independent environmental review of the Sangdong mine properties in regard to the redevelopment of the underground tungsten mine in South Korea was undertaken by APEC Pty. Ltd. ("APEC"). Their review indicates that there appears to be no major environmental constraints restricting the redevelopment of the mine. The properties inspected are held in a 100% Woulfe subsidiary South Korean company called Sangdong Mining Corporation. The report concludes that no existing environmental liability is evident and the proposed re-opening of the mine utilising modern mining techniques combined with the construction of a processing plant which should reside on a similar sized "foot-print" to that of the original operation resulting in minimal impact of the environment.

The Sangdong Mine (formally Korean Tungsten Corp) closed in 1992 as a result of an oversupply of tungsten that resulted in prices falling below the cost of production. The mine had operated for 40 years producing a large proportion of the world's tungsten in the form of Ammonium Para Tungstate (APT) and blue metal. The original company processed APT on-site using Korean technology and produced value added products such as tungsten wire, which was marketed around the world. The mine historically produced tungsten, molybdenum, bismuth and gold.

The full report is posted on the Woulfe website. APEC visited the site and examined historical reports and data from which they generated a preliminary Environmental Impact Study ("EIS"). This preliminary report has now been handed over to the Korean environmental consultants, ERM Group Limited who will work on finalising the Environmental Impact Study.

The site has some remaining buildings from the original ore processing and APT plants, as well as waste dumps and tailings dams. The benefit to redeveloping an existing mine is that a culture supportive of mining exists in the local community in addition to infrastructure to support the mine.

The waste rock dumps and tailings dams have been successfully stabilised and revegetated with no evidence of acid rock drainage based upon a field inspection and laboratory review of water quality.

Extensive flora and fauna surveys undertaken in 2007 as part of a preliminary EIS indicated that the mine's impact would be minimal.

Brian Wesson CEO of Woulfe Mining Corp remarked, "Woulfe Mining is a company that is focused on ethical mining with the highest concern for environment and people. We are pleased with the report and our team is in place to move forward to redevelop the great Sangdong mine in South Korea."

Australasia Pacific Environmental Consultants (APEC)

APEC undertakes mining environmental reviews, EIS documentation and other general environmental studies. Mining environmental reviews have been undertaken for listed mining companies with mines located in Canada, USA, Fiji, Indonesia, Papua New Guinea, China and Australia. APEC also undertakes environmental studies work for the Asian Development Bank and AusAID. Dr. Wrigley, the Director of the company has held teaching and research positions in Environmental Management for 12 years at two Australian Universities and has held senior environmental managerial roles in base metal and iron ore operations. Dr Wrigley is a Member of Environmental Institute of Australia and New Zealand.

Woulfe Mining Focus

Woulfe Mining (formerly Oriental Minerals) is focused on a portfolio of mining leases in South Korea consisting of mines closed during the downturn in metal prices, followed by Asian financial crisis. The flagship Sangdong Mine was a significant producer of tungsten and molybdenum up to its closure in 1992. Woulfe is building up momentum in moving the project forward since the restructuring and financing of the company in December 09. The focus is on an underground bulk mining operation to produce ammonium paratungstate ("APT") that is in demand in Korean and markets in China and Japan. As the company is operating in Korea that is a large manufacturing country, we are considering opportunities to value add the products.

On Behalf of the Board of Directors

Brian Wesson

CEO & President

Quelle: http://www.tradingmarkets.com/news/stock-alert/wfemf_wof_wou…

[volvocb]

Shareholders
Woulfe Mining Corp.
Dear Shareholders,
As you are aware, Woulfe Mining Corp. (the “Company”) was refinanced on the December 18 2009 through a private
placement of CDN$6.6 million dollars. The Company’s board changed from eight to five members of which three were
new members that were appointed as condition of the financing, namely Brian Wesson CEO/ President, Amelia Wesson
Vice President and Kevin Kartun Independent Director. Two Directors remained from the existing board: John Icke
President of Resinco Capital Partners Incorporated, the largest shareholder, and Ian Fodie, the previous CEO/President of
Oriental Minerals. The Company was renamed to Woulfe Mining Corp. to mark the change in management and to realign
the Company with the new focus on moving the projects as quick as possible to development.
Since December 18, new management has moved the Company forward rapidly by: downsizing corporate services and
centralised them to an independent company in Vancouver, securing the core asset Sangdong tungsten/molybdenum mine
in Korea, stabilising the corporate entity in Canada, completing a scoping study for the development of Sangdong mine that
included a significant increase in the resource base, opening initial negotiations with authorities in Korea for the Sangdong
mine development licence, and creating a drill program for the Muguk Gold mine project for late March to early April
weather permitting.
In summary; management is vigorously moving the company forward to add enterprise value, as we recognise that the best
return for shareholders is through the realisation of the potential of the flagship Sangdong Tungsten mine along with the
development of the Muguk gold mine.
Woulfe announced on March 16 2010 that we have appointed brokers to raise C$10 million with a greenshoe of C$5
million required to take the Sangdong project to feasibility. The feasibility study will require a vigorous drilling program to
increase the confidence in the resource base and once the development licence is approved, the underground mine will be
opened for further drilling and trial mining. Within the budget we have further allocated funds to drill the historical targets
in Muguk Gold project.
We thank you for your support over the last months and encourage you as a shareholder to send an email to the address
below so we can update our database, allowing us to communicate directly with you and keep you abreast of the company’s
developments as we take this exciting journey to value together.
Kind regards

Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…
____________

[volvocb]

WOULFE MINING CORP.
FINANCIAL STATEMENTS REQUEST FORM
Registered holders and beneficial owners of a company’s securities may elect annually to receive a copy of a
company’s annual and interim financial statements and the corresponding management discussion and analysis
(“MD&A”) to those statements.
If you wish to receive printed copies of the annual and quarterly interim financial statements and corresponding
MD&A to those statements for Aldrin Resource Corp. (the “Company”), please complete this form and return it to:
Computershare Trust Company
3rd Floor, 510 Burrard Street
Vancouver, BC, V6C 3B9
Please send me ONLY the audited financial statements and the annual MD&A.
Please send me ONLY the quarterly interim financial statements and corresponding interim MD&A to
those statements.
Please send me BOTH the audited financial statements and quarterly interim financial statements and the
corresponding MD&A to those statements.
You will not receive copies of any financial statements from the Company for the ensuing year if you do not
complete and return this form.
Copies of the Company’s previously issued and current annual and quarterly financial statements and related
MD&A are available to shareholders and to the public on the SEDAR website at www.sedar.com.
I confirm that I am a shareholder of the Company.
DATED: , 2010.
Signature
Name of Registered/Non-Registered Shareholder - Please Print
Address
Postal Code
Fax Number
Name and title of person signing if different from name above.

Antrag Quelle: http://sedar.com/CheckCode.do;jsessionid=0000lh4VmxY6vY4VCL0…

[volvocb]

NOTICE OF ANNUAL AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
NOTICE IS HEREBY GIVEN that the 2010 annual and extraordinary general meeting (the
“Meeting”) of members of Woulfe Mining Corp. (formerly Oriental Minerals Inc.) (the "Company")
will be held at Armstrong Simpson, 777 Hornby Street, Suite 2080, Vancouver, BC, on April 12, 2010 at
11:00 a.m., local time, for the following purposes:
(a) To receive and consider the report of the directors, the audited financial statements of the
Company for the period ended June 30, 2009, and the report of the auditor thereon;
(b) To appoint an auditor for the ensuing year at a remuneration to be fixed by the directors;
(c) To fix the number of persons to be elected to the Board of Directors at five (5);
(d) To elect directors for the ensuing year;
(e) To review the Company’s stock option plan (the “Plan”), as more particularly described in the
accompanying Information Circular; and
(g) To transact such other business as may be properly transacted at the Meeting or at any
adjournment thereof.
Accompanying this Notice of Meeting are: (1) the Information Circular; (2) a form of proxy, which
includes a reply card for use by shareholders who wish to receive the Company's interim and/or annual
financial statements.
Shareholders who are unable to attend the Meeting in person and who wish to ensure that their
shares will be voted at the Meeting, must complete, date and execute the enclosed form of proxy, or
another suitable form of proxy, and deliver it in accordance with the instructions set out in the
form of proxy and in the Information Circular.
Unregistered shareholders who plan to attend the Meeting must follow the instructions set out in
the form of proxy and in the Information Circular to ensure that their shares will be voted at the
Meeting. If you hold your shares in a brokerage account you are not a registered shareholder.
DATED at the City of Vancouver, in the Province of British Columbia, as of the 15th day of March, 2010.
By Order Of The Board Of Directors
/s/ “Brian Wesson”
Brian Wesson,
President & CEO

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=000…

[volvocb]

INFORMATION CIRCULAR
as at March 15, 2010
This Information Circular is furnished in connection with the solicitation of proxies by the management of Woulfe Mining Corp.
(formerly Oriental Minerals Inc.) (the “Company”) for use at the annual and extraordinary meeting (the “Meeting”) of its
shareholders to be held on April 12, 2010 at the time and place and for the purposes set forth in the accompanying notice of the
Meeting.

.................

Es folgen noch 14 Seiten: Sehr interessant.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=000…

VOTING SECURITIES AND PRINCIPAL HOLDERS OF VOTING SECURITIES
Resinco Capital Partners Inc. 25,374,353 13.80%
Jae Youl Sim 20,799,493(1) 11.31%
Commonwealth Bank of Australia(2) 27,500,000 14.95%

Name of Director Other Issuer
John Icke Mega Moly Inc.
Teslin River Resources Corp.
Pacific Coast Nickel Corp.
Cue Resources ltd.
Lions Gate Metals Inc.
Resinco Capital Partners
Sheen Resources Ltd.
Ian Fodie Peace Arch Entertainment Group Inc

[ghost686]

und, "fährt" jemand hin? :-)

[volvocb]

A reinvigorated Woulfe Mining begins to make progress on any of the active tungsten most famous in the world
By admin at 18 March, 2010, 12:29 pm

Oriental Metals, as was, had its share of problems. Have not we all, as the credit crunch hit? But the new boss Brian Wesson comes straight to the point where it rings up to describe recent progress in the now renamed and relaunched, Woulfe Mining. The wild swings in shares of the company during the last two years can be described as rather extreme, “he said. “The company had been up to C $ 3.70, then dropped to $ 0.03 CA.” The long term plan is to move the listing from the TSX Venture Exchange in place of the main board in Toronto, but with a record like that, it may be some time before markets settle enough to make a realistic proposition.
However, the Company refinanced, and the Sangdong tungsten project in the province of Gangwon Do, South Korea has a world class asset. To illustrate this point just in the short time available to him, as he rushed between meetings with various community investment in London, Brian suggested typing “Sangdong” in Google and check the result. Not opposed to some heavy lifting on the research front, Minesite duly typed “Sangdong tungsten, and was rewarded with 7750 hits, including some linked to Woulfe itself, but the most unusual for Google have been more revealing.

Sangdong has been around for years. Between 1947 and 1992 he was one of the largest producers of tungsten mines. But it was not closed because he was exhausted. Instead, Brian Wesson said. There is much ore was extracted left and 40 years. No, the reason it was closed due to low metal prices. But one way or another weakness in metal prices now look like a thing of the past. The world has changed since then, and if the tungsten has not made a particularly striking increase in price over the last two years, the signs are extremely positive in the longer term. Because the world’s largest producer, China is increasingly offered to reserve for its own economy, leading to a narrowing of potential in the not too distant. Brian believes the real strength in the market should be at around 2013, co-incidentally the only time he has Woulfe should be able to get Sangdong production.
Wardrop just completed a scoping study on Sangdong, which has a net present value of U.S. $ 468 million on Sangdong, a number which, from a standpoint of investment, compares very favorably to the current market capitalization Woulfe’s, lower by several orders of magnitude. The operation, as envisaged by Wardrop would involve processing 2.5 million tonnes per year over a mine life of 15 years. The capital costs to be approximately U.S. $ 289 million with a payback period of 3.4 years. So ask a just a market that’s still feeling its way after the credit crunch, but not an insurmountable obstacle. Brian is fairly confident that there will be enough interest out there when the time comes, but right now it only focus on immediate increase, which the company seeks $ 10 million to C $ 15 million to take to the stage where the financing of development becomes an option. At this stage, the debt of the usual equations of equity will be considered, as well as opportunities to raise funds through collection agreements with potential industrial partners.

Sangdong’s Got Going much for her. Recent drilling has enabled Wardrop table a total resource Sangdong of 45.8 million tonnes inferred grading 0.32% WO3 with moly further from the wall of the skarn mineralization there, and another 57.4 million tonnes grading 0.37% WO3 extracted from the wall, also with additional Moly. There are also more moly in what is known as stockwork Jangsan. But more than that. The wall, a wall hanging, and stockwork zones are all open laterally and at depth. Grades may also further improved with further work. Moreover, says Brian, there are many potential waste that former operators ignored. At the time, he said, “they have nothing less than 0.5%. At times, the pile of waste Sangdong short notes as high as 0.8%. It’s better than most current projects hard rock mining producer of tungsten, which are currently under development worldwide.

The next milestone will be the completion of the feasibility study next year. The company will then move to increase financing for development. Meanwhile, it is also useful looking gold project in the portfolio to keep investors interested if the latest news on Sangdong goes quiet for some reason. Farther back than there is uranium and base metal projects as the basis for the company to start work on too. For now, however, that tungsten and Sangdong, where Woulfe seems to be coming on leaps and bounds.

source:minesite

Quelle: http://www.phongpo.com/2010/03/18/a-reinvigorated-woulfe-min…

[volvocb]

Vancouver, British Columbia – March 22, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining’s CEO Brian Wesson
Presents at Specialty Metals Investment
Summit
Woulfe Mining Corp. (“Woulfe”) is pleased to announce that Brian Wesson, Woulfe’s
President and CEO presented at the Specialty & Minor Metals Investment Summit
organized by Objective Capital in London on March 18, 2009. The topic of Mr. Wesson’s
presentation was “Overview of the Tungsten Market and the challenges of opening the
world's next tungsten mine”.
Mr. Wesson was delighted with the reception of his presentation. This conference was
selected as a "shop-window" to market the attributes of Woulfe Mining in general and the
Sangdong tungsten-molybdenum project specifically. As a result of the recent financing
there are many institutional holders of Woulfe Mining based in London.
“This investment summit and its focus on specialty metals attracted a targeted audience for
Woulfe Mining,” said Mr. Wesson. “Our recent scoping study shows there is significant
value in the Sangdong Project. With the shares of Woulfe Mining currently trading in the
$0.20 to $0.25 range the Sangdong project has the potential to provide shareholders with a
significant return for their investment.”
The Sangdong Project Scoping Study, announced March 8, 2010, was prepared by
Wardrop Engineering Inc., a Tetra Tech Company. The Scoping Study included the
following highlights:
• 26.4% Internal Rate of Return
• 3.4 Years payback on US$289m Capital
• Direct Operating Costs of US$32.50/t processed
• US$462 M Net Present Value at 8% discount value
• Current operational plans envisage production rate of 2.5 Mt per year over a 15
year mine life
Mineral resources that are not mineral reserves do not have demonstrated economic
viability.
Colin Lutherborrow MAusIMM is a qualified geologist and has extensive experience
dealing with similar mineralisation and delineating resources as laid down by the
Canadian and Australian rules and guidelines for the reporting of ore resource. This news
release has been reviewed and approved by Mr. Lutherborrow who is a Qualified Person
as defined by National Instrument 43-101.
Woulfe Mining Focus
Woulfe Mining (formerly Oriental Minerals) is focused on a portfolio of mining leases in
South Korea consisting of mines closed during the downturn in metal prices, followed by
Asian financial crisis. The flagship Sangdong Mine was a significant producer of tungsten
and molybdenum up to its closure in 1992. Woulfe is building up momentum in moving
the project forward since the restructuring and financing of the company in December 09.
The focus is on an underground bulk mining operation to produce ammonium
paratungstate ("APT") that is in demand in Korean and markets in China and Japan. As the
company is operating in Korea that is a large manufacturing country, we are considering
opportunities to value add the products.
On Behalf of the Board of Directors
Brian Wesson
CEO & President

[volvocb]

Antwort auf Beitrag Nr.: 39.198.890 von volvocb am 23.03.10 17:13:00

Quelle: siehe Bericht oben.
http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[New_econome]

Hallo,

bei diesen Schleuderkursen möchte natürlich niemand seine Stücke loswerden, hat vielleicht jemend eine realistische Einschätzung wann wir bei 1€ sind?

[wolf1071]

Das ist die 1 Mill $ Frage.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.201.811 von New_econome am 23.03.10 22:45:45

Ganz sachte!!!!!
Zunächst einmal brauchen wir 0,20, dann 0,30 usw.
Von 1€ wollen wir gar nicht reden.

[genial67]

Antwort auf Beitrag Nr.: 39.203.842 von Heinzmann am 24.03.10 10:42:00

was ich allerdings nicht verstehe das wir nicht schon bei 0,20-0,30 cent liegen,es läuft doch alles positiv im moment!
was bremst noch so?

[volvocb]

Antwort auf Beitrag Nr.: 39.201.811 von New_econome am 23.03.10 22:45:45

Ich glaube, was ich bis jetzt erlebt habe mit OTL, das wir genau in einem Jahr, wenn die PEA rausgekommen ist und die Rohstoffpreise weiter gestiegen sind, wir über 1 Euro gehen.

Jetzt wäre es mir auch lieber, aber ist so gut wie kein Interesse an WOF, kennt jemand ein Börsen Brief wo WOF drinne steht zum Kaufen?

Ich finde das WOF bis jetzt nicht sehr viel Werbung macht, da sicher das Geld auch fehlt.

3,5 oder 4,5 Jahre warten, macht jetzt auch kein Unterschied mehr aus.

Dafür wird, wenn alles gut geht, WOF über 20€ gehen, wenn WOF seine Rohstoffe anfängt abzubauen. Ich hoffe es wird vor 2013 sein.

Wer Geduld hat, wir aus meiner Sicht, mit zu 85%er Sicherheit dicke Gewinne machen.

Wenn WOF noch ein paar Investoren findet, wird es ganz schnell nach oben gehen.

Meine Meinung. Kein Aufruf zum Kaufen oder verkaufen!
Wer hatt eine andere?

[New_econome]

Schon, ich mache ja langsam. Zum Hintergrund, ich habe die Stücke schon seit 2006 damals war der Kurs noch super, es hies noch OTL und es ging sogar zwischenzeitlich zu 2 € aber da brauchte ich noch kein Geld, ich dachte las das mal laufen.
Jetzt ist 2010 der Kurs ist in Keller (aus meiner Sicht)brauche Geld und ich warte das es zumindest mal Richtung 1 € geht.
Das mit der Werbung ist ein guter Einwand, man hört und liest wirklich überhaupt nicht. Eine Stücke habe ich ja damals auch aufgrund einer Kompanie gekauft sonst wüsste ich ja nicht das die Firma überhabt existiert.
Damals wie heute glaube ich aber dass das eine sehr gute Sache mir gute Hindergründen ist.
Kennt jemand die Gesch9ichte von Blue Pearl?

[volvocb]

Infos von WOF über alle Objekte. Neu.

Quelle: http://www.orientalminerals.com/s/home.asp

[SteirerMan]

Antwort auf Beitrag Nr.: 39.271.584 von volvocb am 03.04.10 19:08:18

http://www.orientalminerals.com/s/home.asp

[skipper2004]

Antwort auf Beitrag Nr.: 39.273.432 von SteirerMan am 04.04.10 22:22:16

SteirerMan, das ist die größte abzocke, der du jemals begegnen wirst...warum suchst du dir nichts seriöses?
mfg skipper

[volvocb]

Sangdong Project
 Historic database of ~800 holes drilled underground into skarn horizons, with 90 holes drilled
2007-2008:
 25 Km of underground development, vertical shaft and ventilation shafts in place
 Existing infrastructure, town, roads, water and power
 Application for the Phase 1 mine development license to be submitted in April to access the
mine for drilling and trial mining. Trial mining will supply bulk metallurgical samples.
 Budgeted for 20,000m drilling to drill approximately 200 holes to upgrade resources to reserve
for feasibility.
 Dewatering as we move down
 Feasibility study to be completed by early 2011
 Phase 2 license for development approval
 Project financing to be finalised by mid 2011 Projected operations in 2013

Quelle:http://www.orientalminerals.com/s/home.asp

[volvocb]

Why Woulfe
– Large asset with minimum of 15 years life.
– Market cap C$38 million, 21 cents per share
– Scoping study indicates a value at an 8% discount of NPV 462 million.
Value – 183 million shares , equates to $2.50 per share, some 12 times the current share price. Noting that the
resources are inferred and the scoping is typically within 30% the value still remains substantial.
– Scoping only considered 45% of the inferred resource and diluted it by 15% at zero grade.
– Scoping assumed new mine infrastructure and ignored all existing underground infrastructure
– Current resource grades are considered conservative, drilling and block modelling has a potential
produce an upgrade in grade as the level of confidence is improved.
– Tungsten markets are tightening as China has restricted exports and imposed taxes. APT demand is Growth
increasing and the supply side has barriers to development. Sangdong is well positioned to be the
worlds next large tungsten mine as it has infrastructure and underground development in place.
– Sangdong is well placed to be commissioned in 2013 which will coincide with the high tungsten pricesas market friction and barriers that other projects have to development.


Quelle:http://www.orientalminerals.com/s/home.asp

[volvocb]

Investment Case

 Diversified mining development company with exploration “blue sky” potential
 Experienced management team
 South Korea focus
 Portfolio of quality assets:
 Development stage Sangdong tungsten-molybdenum mine;
 Development stage Muguk gold mine; AND
 Exploration stage base metal and uranium properties.
 Low operational risk
 Low country risk

Quelle:http://www.orientalminerals.com/s/home.asp

[volvocb]

Fundraising

 Woulfe is seeking to raise up to C$10m with a potential greenshoe of up to C$5m
 The proceeds of the fundraising will be used for:
 20,000 m drilling programme at Sangdong
 Environmental Impact Statement well progressed and will be completed for Sangdong Assess the condition of the Sangdong underground accesses and old workings
 Conduct any dewatering, installation of services and stabilising works required @ Sangdong
 Complete the Sangdong mine block model
 Conduct trial mining and metallurgical test work @ Sangdong
 Complete a Feasibility Study @ Sangdong
 1,400 m drilling programme @ Muguk
 Exploratory drilling to meet minimum work commitments to maintain its other licenses
 The Fundraising is anticipated to close in late March / early April

Quelle:http://www.orientalminerals.com/s/home.asp

[Heinzmann]

Du magst ja Recht haben mit all deinen Veröffentlichungen.
Tatsache ist, dass der Wert sich nicht entscheidend nach oben lösen kann. Ich halte all diese Euphorie für völlig überzogen.
Warte doch einfach erst einmal ab, ob sich neue Geldgeber finden lassen. Die Meldung ist schon fast wieder überfällig. Ende März/Anfang April soll es die Meldung geben. Bisher gibt es gar nichts, nichts!!!
Ich bin gespannt, ob es überhaupt eine Meldung gibt. Und die Verantwortlichen dieser company sind Weltmeister im Hinauszögern von Meldungen. Das haben sie oft in den letzten Jahren bewiesen.
Also, bevor weiter von Kurszielen von 2-3€ gefaselt wird, warte doch einmal ab, ob wir in diesen Jahr 0,20-0,30 cent schaffen!!!

[Heinzmann]

Und noch eins.
Für gestern und heute läßt sich überhaupt kein Umsatz feststellen.
Ist die Aktie ausgesetzt???

[Honkmann]

Antwort auf Beitrag Nr.: 39.291.074 von Heinzmann am 07.04.10 22:22:09

Ja ich gebe dir Recht!

An abzocke glaube ich zwar nicht mehr, jedoch ist auch keine Aussicht auf Erfolg derzeit.
Erst eine sichere Finanzierung lässt den Kurs wieder deutlich steigen! Und da kann mann nur dieses Jahr abwarten!

[Heinzmann]

Diesen Mist will eigentlich keiner haben. Morgen sind wir wieder da, wo wir vor Jahren ohne Westech auch schon einmal waren, bei 0,08-0,10. Es braucht eine lange Zeit, bevor den Leuten von dieser Company wieder Glauben geschenkt wird. Zuviel ist in den vergangenen Jahren zerstört worden.
Auch wenn sie updates zu bestimmten Terminen ankündigen, ist noch lange nicht gewährleistet, dass diese dann auch veröffentlicht werden.
Ich persönlich bin sehr skeptisch, ob sie in den vergangenen Tagen und Wochen noch Geldgeber gefunden haben. Obwohl ich hier immer noch investiert bin, werde ich von Tag zu Tag skeptischer.!!!!

[volvocb]

Hallo Heinzmann,
hier deine News. 722 Seiten zum lesem, viel Spaß.

http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…
vom 7 April.

Darauf habe ich schon lange gewartet, sehr ausführlich.

[volvocb]

Apr 08, 2010 09:00
Woulfe Mining: Sangdong Project Study Returns Positive Economics
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 8, 2010) - Woulfe Mining Corp. (TSX VENTURE:WOF) ("Woulfe" or, the "Company") announces that the Preliminary Economic Assessment, or Scoping Study prepared for the Company by Wardrop, a Tetra Tech Company, ("Wardrop") for the development of the Company's Sangdong Project in Korea was posted today on SEDAR and the Company's web site. The Scoping Study is a key milestone showing positive economics.

Highlights:

•26.4 % Internal Rate of Return (IRR)
•3.4 years payback on US$ 289 M capital
•Direct operating costs of $32.50 /t processed
•US$462 million Net Present Value (NPV) at 8% discount value.
The base case commodity prices were as follows:

•Ammonium Paratungstate (APT) – US$250 /mtu
•Molybdenum – US$15.00 /lb Mo.
Approximately 36.1 million tonnes (Mt) of the Footwall Zone resource is confined within the preliminary mine plan with values of 0.33% WO3 and 0.04% MoS2. An economic evaluation was applied to this tonnage based on a pre-tax financial model for which the above numbers were returned on a pre-tax basis.



Quelle: http://www.marketwire.com/press-release/Woulfe-Mining-Sangdo…

[Heinzmann]

Antwort auf Beitrag Nr.: 39.296.115 von volvocb am 08.04.10 17:27:17

Dieser Mist bewegt doch den Kurs überhaupt nicht!"!!!
Merkst du das nicht.
Tote Hose, mehr nicht!!!!!!

[volvocb]

Antwort auf Beitrag Nr.: 39.296.153 von Heinzmann am 08.04.10 17:31:50

Ja merke ich, na und.
Du willst wohl übernacht Reich werden.
Ich habe mich damit abgefunden, das es bis 2013 dauern kann.
WOF muss nur noch indeckt werden, von Käufern wie uns.
Wenn die ersten Börsenbriefe in aller Welt auf WOF aufmerksam werden , dann gehts los.
Sonst freue ich mich über jede neue News.

Schon alle 722 Seiten gelesen. gins.

Kopf hoch, schlecht Stimmung kannst du beim Sport los werden.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.296.285 von volvocb am 08.04.10 17:45:57

Da wird kein Börsenbrief aufmerksam. Glaub nicht dran.
Beim nächsten kleinen rebound verkaufe ich mit Verlust diesen Schrotthaufen!!!

[admico]

Antwort auf Beitrag Nr.: 39.296.537 von Heinzmann am 08.04.10 18:15:39

An diesem Punkt warst Du doch schon öfters, oder
Als nächstes müsste die Meldung über das abgeschlossene PP kommen.

[Moneymaker78]

Antwort auf Beitrag Nr.: 39.297.836 von admico am 08.04.10 20:53:34

[admico]

Antwort auf Beitrag Nr.: 39.297.878 von Moneymaker78 am 08.04.10 20:57:00

Ich meine eigentlich nur, dass er mal einen Schlussstrich ziehen sollte. Die prozentualen Verluste müssten mittlerweile so hoch sein, dass sich die paar Prozente rauf nicht so immens auswirken sollten.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.297.915 von admico am 08.04.10 21:01:03

Wahrscheinlich bist du Schlaumeier immer noch im Plus!!

[admico]

Antwort auf Beitrag Nr.: 39.298.260 von Heinzmann am 08.04.10 21:50:08

Nö, aber deswegen bin ich doch kein Schlaumeier.
Ich bin mit einer überschaubaren Posi vor ein paar Wochen eingestiegen,.
Habe allerdings schon 2 Trades erfolgreich mit wof abgeschlossen.


Vor jahren hingegen habe ich hier aber auch einen schmerzhaften Schlußstrich mit schmerzhaften Verlusten gezogen.

Das hat mich vor MEHR Verlusten bewahrt und meine Nerven geschont.

Wenn man Dir schon nicht mehr schreiben kann, gibt das ja schon Einblick in dein Seelenheil

Also nix für und gute Nacht

Kommen wieder bessere Zeiten

[Charles1909]

Woulfe Mining: Sangdong Project Study Returns Positive Economics
4/8/2010 9:01:48 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Apr 08, 2010 (MARKETWIRE via COMTEX News Network) --

Woulfe Mining Corp. (TSX VENTURE: WOF) ("Woulfe" or, the "Company") announces that the Preliminary Economic Assessment, or Scoping Study prepared for the Company by Wardrop, a Tetra Tech Company, ("Wardrop") for the development of the Company's Sangdong Project in Korea was posted today on SEDAR and the Company's web site. The Scoping Study is a key milestone showing positive economics.

Highlights:

-- 26.4 % Internal Rate of Return (IRR) -- 3.4 years payback on US$ 289 M capital -- Direct operating costs of $32.50 /t processed -- US$462 million Net Present Value (NPV) at 8% discount value.

The base case commodity prices were as follows:

-- Ammonium Paratungstate (APT) - US$250 /mtu -- Molybdenum - US$15.00 /lb Mo.

Approximately 36.1 million tonnes (Mt) of the Footwall Zone resource is confined within the preliminary mine plan with values of 0.33% WO3 and 0.04% MoS2. An economic evaluation was applied to this tonnage based on a pre-tax financial model for which the above numbers were returned on a pre-tax basis.

The Scoping Study also returned positive economics on a base case plus/minus 20% metal pricing scenario. Three scenarios were considered and the highlights are shown in the table below:


---------------------------------------------------------------------------
Scenario NPV 10 (US$M) NPV 8 (US$M) IRR (%) Payback (Yrs)
---------------------------------------------------------------------------
Minus 20% 107.3 164 15.4 5.5
Base Case 366.7 461.7 26.4 3.4
Plus 20% 626.1 759.4 35.8 2.5
---------------------------------------------------------------------------

The Scoping Study considered the Footwall zone to avoid issues regarding the condition of the existing mine infrastructure or workings, as the condition of the existing infrastructure is unknown. The Scoping Study considers 55% of the published resource, disclosed by the Company in its news release of March 8th 2010. In order to derive the resource confined within the mine plan an extraction factor of 65% was applied to account for the benched room-and-pillar mining method. The ore body was diluted by 15% at zero grades and then a 95% recovery factor was applied. This may be considered overly cautious but as the study is based on inferred resources it is necessary to be conservative in the estimates.

The capital estimates consider 100% new mine development, giving no value to the existing vertical shafts, ventilation shafts or the 25km of underground development as the condition of the access is yet to be evaluated. The capital costs consider prices in Canada and Australia; as for the project in Asia, there is scope to improve on capital costs as we move to a Feasibility Study in early 2011.

The study delineated the current Inferred Resource of 103.2 Mt at 0.35% WO3 and 0.04% MoS2.


Sangdong, Skarn mineralisation Resource Estimate; reporting cut-off 0.1% WO3
---------------------------------------------------------------------------
Zone Tonnes (Mt) WO3 MoS2
---------------------------------------------------------------------------
Hangingwall 45.8 0.32 0.05
Footwall 57.4 0.37 0.04
---------------------------------------------------------------------------
Note: MoS2 is reported in terms of WO3 cut-off
The scoping study was carried out by Wardrop engineers UK and the Qualified
person is Mr. Paul Gribble, C. Eng, FIMMM (Resource Estimate). It should be
noted that "Mineral resources that are not mineral reserves do not have
demonstrated economic viability"

Project Viability

The Scoping Study is based on a 2.5 Mt per annum processing plant, an Ammonium Paratungstate ("APT") price of US$250 per mtu, and a 15 year mine life. Using a discount of 8% this generates an NPV of US$462 million. Setting the NPV to zero with an 8% discount rate, the break even APT price is US$171 per mtu giving a 46% pre-tax profit margin. The South Korean tax rate for companies is 30% and no royalties are payable in South Korea.

The discount rate used is 8% as South Korea is a low risk jurisdiction. The project is considered to have a reduced technical risk, as the project was mined successfully for 40 years and APT, molybdenum, bismuth and gold were all produced historically. The recoveries in the model assume similar recoveries to the historic averages even though technology has improved.

Tungsten Pricing

Wardrop considered an APT price for the scoping study of US$250 per mtu to be consistent with the historical development of the project. There are factors influencing the market dynamics with China declaring tungsten a strategic metal and moving from tax breaks for export to taxing exports. In mid-March, China announced that no new mine permits will be issued for tungsten until mid 2011. In the meantime, China is actively buying concentrates on the world market and, as the input costs to Chinese production is rising the APT price is also increasing in price. Another factor that is playing out on the world market is the expansion of global manufacturing to cater to development in China, India and Africa. To manufacture any piece of equipment a tungsten insert is required in machining. This accounts for 60% of tungsten usage with the remaining uses linked to steel and technology. Tungsten has a melting point over 3000 degrees C and is a high performance wear material.

When the historical tungsten price in 2010 dollars is considered (see a historical price chart at http://www.woulfemining.com/images/W-Price-Chart.gif), it becomes clear why some forecasters suggest an APT price of US$300 per mtu may be achieved by 2013. Further it can be seen why the majority of tungsten mines outside China closed in the eighties.

Plan Going Forward

The Company plans to move the project vigorously to bankable feasibility in early 2011 and seek development capital mid 2011 as this would allow production to begin in 2013 to coincide with the tightening market.

Woulfe Mining Corp "WOF"

Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea. The company is focused on unlocking the value of these assets to increase company value and move the company onto the main board of the TSX.

In South Korea the flagship tungsten/molybdenum Sangdong Project, situated 187 Km south east of Seoul, is rapidly moving ahead with a scoping study released to market in March 2010, which clarified that the project is viable and should be moved to feasibility. The Company will carry out an intense drilling program to upgrade the resources and to improve the grade with an objective of bringing the project to bankable feasibility by 2011 and into production in 2013.

While the Sangdong tungsten Project is a core project, the company is carrying out work on its Muguk gold Project, which was Korea's largest gold mine, as well as nine vanadium/ uranium leases and base metal projects to evaluate their possible contribution to the Company.

The persons listed below from Wardrop are independent Qualified Persons as defined by NI 43-101 and have reviewed and approved the contents of this news release.

Eur. Ing. Andrew J. Carter C. Eng., MIMMM, MSAIMM, SME (Processing)

Mr. Scott Cowie, BE (Mining), LLB, MAusIMM (Mining and Financial Analysis)

Mr. Greg Mosher, P. Geo (Geology and site visit)

Mr. Paul Gribble, C. Eng., FIMMM (Resource Estimate)

This information is available on our website at www.woulfemining.com.

Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information and even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the following: commodity price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of mineral exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the appropriate regulatory authorities.


Contacts:
For further information or to obtain a copy of the study,
please contact: Woulfe Mining Corp.
Amelia Wesson
Vice President/Director Admin and Corporate Relations
Mob [phone]
[e-mail]

Woulfe Mining Corp.
408-837, West Hastings Street,
Vancouver, BC, V6C 3N6, Canada
1 604 684 6264
1 604 684 6242 (FAX)
[e-mail]
www.woulfemining.com

[Heinzmann]

Mensch, dieser Mist ist doch schon lange bekannt!!!!!

[genial67]

Antwort auf Beitrag Nr.: 39.307.439 von Heinzmann am 10.04.10 10:22:01

deine kommentare sind der brüller,wenn du so genervt bist von der aktie,oder dir das alles zu lange dauert! dann verkauf doch und schreibe hier nix mehr rein,das was du schreibst kann man sich eh sparen finde ich.bist du eigentlich ein negativ mensch?

[Charles1909]

Antwort auf Beitrag Nr.: 39.307.439 von Heinzmann am 10.04.10 10:22:01

...vielleicht gibt es ja noch andere die sich gerne informieren möchten und denen "dieser mist" noch nicht bekannt ist.

genial67 hat schon nicht unrecht, glaub du bist schalker und ärgerst dich weil ihr schon wieder kein meister werdet...aber hier gehts nicht um fußball, ich entschuldige mich das ich vom thema abgekommen bin.

[genial67]

Antwort auf Beitrag Nr.: 39.308.212 von Charles1909 am 10.04.10 14:56:17

das is kein schalker,schalker sind fröhliche menschen so wie ich

[aki1463]

Eisenerz/Metalerz und Molybdän ist im Moment in "aller Munde"!

Man kann ja (hier) nur hoffen, dass WOULFE MINING CORP. auch davon profitiert!

Glückauf!

Aki

[Heinzmann]

Antwort auf Beitrag Nr.: 39.311.838 von aki1463 am 12.04.10 00:31:57

Mit Sicherheit nicht. Es geht weiter runter!!!!!

[admico]

Antwort auf Beitrag Nr.: 39.316.541 von Heinzmann am 12.04.10 17:10:06

Mit Dir

[volvocb]

Woulfe sued by former president Fodie


2010-04-13 19:49 ET - Street Wire
by Mike Caswell

Woulfe Mining Corp., a Vancouver explorer working in South Korea, is facing a lawsuit from its former president and chief executive officer, Ian Fodie. In a brief statement of claim filed on April 8, 2010, in the Supreme Court of British Columbia, Mr. Fodie says the company fired him from his $15,000-per-month job without notice and without cause. In doing so, Woulfe not only cancelled his salary, it also failed to honour his option to acquire one million shares, the suit claims.

Mr. Fodie became the president and CEO of Woulfe's predecessor, Oriental Minerals Ltd., in July, 2008, and held that position until the company experienced a change of control on Dec. 18, 2009. This, according to the suit, is when the problems began. On Dec. 11, 2009, the company required Mr. Fodie to sign an undated resignation letter, stating that one of the terms of a $6.6-million financing was that he resign.

In return for his resignation as president, the company agreed that Mr. Fodie would remain chief financial officer, and that the terms of his employment, such as salary and vacation, would remain unchanged, the suit states. Mr. Fodie would also be entitled to a $150,000 bonus, as he had helped arrange the $6.6-million financing and the acquisition of 51 per cent of the Sangdong property in South Korea.

The problem, according to Mr. Fodie, is that the change of control did not actually contain any provision that required him to resign. He says the company's new management, led by Australian resident Brian Wesson, intentionally misrepresented to him that the terms of the $6.6-million financing required his resignation. Mr. Wesson then took over as president and CEO.

Once Mr. Fodie had relinquished his position as president, new management excluded him from the operations of the company, and refused to pay his business expenses on time, the suit states. Then, on Jan. 13, 2010, Mr. Wesson summoned Mr. Fodie to a meeting in Seoul, South Korea, ostensibly for company purposes. Upon his arrival at the meeting on Jan. 28, 2010, the company fired Mr. Fodie as CFO, without notice and without cause, according to the suit.

Mr. Fodie says Woulfe has subsequently failed to pay him any severance, failed to pay his $150,000 bonus and refused to allow him to exercise an option for one million shares he holds. According to the suit, Woulfe acknowledged that the option was uncontested, but when Mr. Fodie attempted to exercise it, the company did not issue the share certificates.

Mr. Fodie is seeking damages for breach of contract and unjust enrichment, as well as punitive damages, among other things. His lawyer is Michael Bain of Hamilton Howell.

Woulfe, which closed at 22 cents on Monday, has not yet responded to the suit.

Quelle: http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:…

[admico]

Antwort auf Beitrag Nr.: 39.317.211 von admico am 12.04.10 18:17:07

....und steigt mit mir

[aki1463]

Antwort auf Beitrag Nr.: 39.316.541 von Heinzmann am 12.04.10 17:10:06

Also HEINZMANN, ich sehe das irgendwie anders!

Runter heißt doch sicher, dass der Kurs fällt!?

Er steigt aber ... !

[volvocb]

Vancouver, British Columbia – April XXth, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Hubert Marleau Joins Woulfe Mining Board of Directors at Annual General Meeting
Woulfe Mining Corp. (TSX‐V: WOF) (“Woulfe” or, the “Company”) is pleased to announce that Hubert
Marleau has agreed to join the Company’s board of directors.
Mr. Marleau is President and Director of Palos Capital Corporation. With over 30 years of experience
in the business and financial community, Mr. Marleau has raised funds privately and publicly for
hundreds of emerging and mature companies, structured many mergers and acquisitions, as well as
designed and created numerous financial deals in Canada. Mr. Marleau has worked at the executive
level of several large investment banks notably, Nesbitt Thomson Inc., and Levesque Beaubien Inc. in
addition to his own firm, Marleau, Lemire Inc. Throughout his career, Mr. Marleau has been a board
member for a multitude of publicly traded companies, governor of the Toronto, Montreal and
Vancouver Stock Exchanges, and director of the Investment Dealer Association of Canada.
“I am delighted to have Hubert join our board,” said Brian Wesson, President, CEO and Director of
Woulfe. “Hubert’s extensive experience with exploration and mining companies, in addition to his
financial contacts in Canada and other parts of the world will benefit Woulfe significantly. By joining
our board, Hubert will allow us to continue to accelerate our world class projects in South Korea.”
Mr. Marleau was appointed to the board of directors at the Company’s recent Annual General Meeting.
The full roster of directors is now as follows:
Brian Wesson ‐ CEO/President, Director
Amelia Wesson ‐ Vice President, Director
Kevin Kartun ‐ Director
John Icke ‐ Director
Hubert Marleau – Director
Other business at the Annual General Meeting included KPMG appointment as auditor for the
Company. KPMG is a global network of professional firms providing audit, tax and advisory services.
Because KPMG has offices in Australia, Canada and South Korea, all of the Company’s audit
requirements can be handled by the same organization.
Woulfe Mining Corp “WOF”
Woulfe is a TSX‐V listed company with a diversified portfolio of mining licences for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea. The company is focused on
unlocking the value of these assets to increase company value and move the company onto the main
board of the TSX.
In South Korea the flagship tungsten/molybdenum Sangdong Project, situated 187 Km south east of
Seoul, is rapidly moving ahead with a scoping study released to market in March 2010, which clarified
drilling program to upgrade the resources and to improve the grade with an objective of bringing the
project to bankable feasibility by 2011 and into production in 2013.
While the Sangdong tungsten Project is a core project, the company is carrying out work on its Muguk
gold Project, which was Korea’s largest gold mine, as well as nine vanadium/ uranium leases and base
metal projects to evaluate their possible contribution to the Company.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson
President, CEO and Director

Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[Heinzmann]

Wie ich es vorausgesagt habe. Dieser Misthaufen ist wieder da, wo er hergekommen ist. Und soweit ich sehen kann, geht es in Kanada noch weiter runter.
Ich glaube mittlerweile, dass dieser Schrotthaufen nie mehr steigen wird. Es gibt einfach Aktien, die keiner haben will. Woulfe gehört meiner Meinung dazu.

[volvocb]

Antwort auf Beitrag Nr.: 39.378.303 von Heinzmann am 21.04.10 19:51:46

Hallo Heinzmann, ich schreibe eine sinnlose Nachricht, wenn WOF steigt und rege mich darüber dann auf und du,wenn sie fällt, ok?

Meinst du, du kannst hier mit deinen Texten jemand beeinflussen?

Es gibt Personen, die sollten nicht an der Börse Handeln, wenn der Benzinpreis steigt, regst du dich dann auch an der Tanke so auf.

Ab 2011 gehts aufwärts.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.379.141 von volvocb am 21.04.10 21:41:50

Dieser Misthaufen wird nie steigen!!!!!!

[Liina]

Antwort auf Beitrag Nr.: 39.379.141 von volvocb am 21.04.10 21:41:50

Danke volvocb,

stillhalten ist die Devise!

Hier wurde einer aus der Führungsmannschaft entlassen und gleich durch einen anderen ersetzt.
Vermutlich hatte er sich mit Anteilen eingedeckt, schmeißt sie auf den Markt um sich an der Firma zu rächen.
Habe ich so gehört!

Andere lachen sich tot wenn wir billig unsere Aktien abgeben.

Woulfe mining kommt wieder, nur Geduld!

[genial67]

Antwort auf Beitrag Nr.: 39.383.165 von Liina am 22.04.10 13:31:06

davon bin ich auch überzeugt

[volvocb]

mine development application soll im 2 Quartal 2010 fertig werden.
Was genau wird, soll da drin stehen?
key mile stones laut Woulfe_Mining_Presentation_April_2010 Seite 17!
Der nächste Meilenstein folgt dann in einem Jahr, wenn die Machbarkeitsstudie Anfang 2011 fertig ist.

Danach gehts sicher aufwärts.
Die Optimisten und Investoren fehlen halt, damit WOF jetzt schon steigt.
2005-2007 war das noch anders.

[volvocb]

Woulfe Mining Builds South Korean Operational Team
Woulfe Mining Corp WOF 4/22/2010 9:00:00 AMVancouver, BC April 22, 2010

FSC / Press Release

Woulfe Mining Builds South Korean Operational Team

Vancouver, British Columbia CANADA, April 22, 2010 /FSC/ - Woulfe Mining Corp. (TSX - VX: WOF), ("Woulfe" or, the "Company") is pleased to announce that four very experienced mining experts have agreed to join the Company to form its operational team in South Korea. Mr. Shin will be joining as Chief Operating Officer and Dr. Moon, Mr. B.G. Kim and Mr. K.Y. Jung will be joining as Advisors. A brief profile of each follows.

Mr Shin's 25-year career in Korean Tungsten Corporation included rising to an executive position in domestic and international marketing of tungsten, based out of Europe. Mr Shin is very familiar with the Sangdong project during its production days, as well as the tungsten market and business.

Dr. Moon has a PhD in Geology from University of Tasmania. Dr. Moon's dissertation was on the Sangdong Tungsten Project and he has an extensive career history with Korean Tungsten.

Mr. B.G. Kim is formerly the General Manager Mining of Sangdong Mine before it closed. Mr Kim had 25 years of service with Korea Tungsten and is qualified in mining and metallurgy. Mr. Kim has extensive experience in the mine workings, production and processing of ore at Sangdong.

Mr. K.Y. Jung is formerly the General Manager of Muguk Gold and Yeonwha base metals mine before it closed. He is a highly respected mining engineer in Korea and advisor to large companies.

"With the continued development work in South Korea, we have started assembling the team required to go into production," stated Brian Wesson, President, CEO and Director of Woulfe. "The fact that we have been able to attract high level members of the former mining team I believe is a demonstration of the confidence in these projects."



Woulfe Mining Corp "WOF"
Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea. The company is focused on unlocking the value of these assets to increase company value and move the company onto the main board of the TSX.

In South Korea the flagship tungsten/molybdenum Sangdong Project, situated 187 Km south east of Seoul, is rapidly moving ahead with a scoping study released to market in March 2010, which clarified that the project is viable and should be moved to feasibility. The Company will carry out an intense drilling program to upgrade the resources and to improve the grade with an objective of bringing the project to bankable feasibility by 2011 and into production in 2013.

While the Sangdong tungsten Project is a core project, the company is carrying out work on its Muguk gold Project, which was Korea's largest gold mine, as well as nine vanadium/ uranium leases and base metal projects to evaluate their possible contribution to the Company.

On Behalf of the Board of Directors
Woulfe Mining Corp.

Brian Wesson
President, CEO and Director

Quelle: http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…

[volvocb]

Woulfe starts drilling at Muguk
2010-04-23 09:10 ET - News Release

Mr. Brian Wesson reports

KOREA'S LARGEST HISTORICAL GOLD MINE - WOULFE COMMENCES DRILLING AT MUGUK

Woulfe Mining Corp. has commenced an initial two-hole diamond drilling campaign, totalling 1,086 metres, to test the gold and silver mineralization at Muguk. For more details on the planned drilling, see the Woulfe web site.

The Muguk mine was the most productive gold mine in South Korea, with operations on several vein systems. Underground mining of the relatively narrow lodes was carried out using shrink stoping and tracked mining equipment, with vertical shafts used for ore extraction and access.

From the historical information, the veins are typically of sufficient width, over one metre, to utilise modern mechanised mining techniques such as long hole stoping and trackless equipment which would have a significant impact on production costs. The historical cut-off grade of the mine was reportedly eight grams per tonne of gold ("g/t") with a life of mine head grade of 11 g/t and mill concentrate recovery of 96 per cent.

Quelle: http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%…

[volvocb]

April 23, 2010
Korea's largest historical gold mine -- Woulfe commences drilling at Muguk

Woulfe Mining Corp. (TSX-V: WOF) ("Woulfe" or, the "Company") is pleased to announce that it has commenced an initial two hole diamond drilling campaign, totalling 1,086 metres, to test the gold and silver mineralization at Muguk. For more details on the planned drilling, see the Woulfe web site at http://www.woulfemining.com.

The Muguk mine was the most productive gold mine in South Korea, with operations on several vein systems. Underground mining of the relatively narrow lodes was carried out using shrink stoping and tracked mining equipment, with vertical shafts used for ore extraction and access.

From the historical information, the veins are typically of sufficient width, over 1 metre, to utilise modern mechanised mining techniques such as long hole stoping and trackless equipment which would have a significant impact on production costs. The historical cut off grade of the mine was reportedly 8 grams per tonne of gold ("g/t") with a life of mine head grade of 11 g/t and mill concentrate recovery of 96%.

Mineralization at Muguk is hosted in several tens of quartz veins that occupy fractures in a granitic intrusion. The most significant veins within Woulfe's tenements are referred to as Baksan, Samhyeongje (or Three Brothers), No's 1 and 2 and No's 7 to 11 Veins. The mineralised veins extend discontinuously on surface for 400-2,000 metres, and to known depths of up to 800 metres. The veins typically dip to the ENE at 75-85 degrees. The Three Brothers and No 2 Veins were extensively mined prior to mine closure in 1997.

The Muguk deposit is interpreted to be a multi-phase, low-sulphidation epithermal system, comprising grey chalcedonic banded veins and stockworks. Higher gold grades are associated with electrum-bearing sulphide bands on the margins of these veins. KORES (the Korean Government agency Korea Resources Corporation) reported a "measured reserve" of 713,610 tonnes at 14.5 g/t gold and 83.5 g/t silver, and an "inferred resource" of 705,370 tonnes at 12.5 g/t gold and 62.1 g/t silver for total contained metal of approximately 616,000 ounces of gold and 3.3 million ounces of silver. This estimate can not be relied on as there is insufficient data for our qualified person to verify the resources under the NI 43-101 reporting code.

The three brother's vein which was the focus of mining for 10 years was extensively mined to 400 metres below surface and all sub 8 gram material was not mined.

The evaluation of Muguk is an exciting step for Woulfe as the deposit has not been subject to any exploration since mine closure in 1997 due to depressed metal prices. Woulfe has secured 1997 mine level plans, detailing resource blocks and grades that existed as at mine closure. These will be digitized and modelled to generate drilling targets so that NI 43-101-compliant resource estimates can be determined.

"The commencement of drilling at the Muguk is a significant milestone for the company," said Brian Wesson, President, CEO and Director of Woulfe. "Over the last five months since we took over management of the company we have secured the Sangdong mine titles and taken it to scoping study the showed that the project is robust; secured a further two uranium leases, total 9; taken 100% control of the historic Yeonwha I base metal project and now started verification drilling at Muguk. We are focused on the ground in Korea to move primarily the Sangdong project ahead to development as quick as possible, followed by Muguk, which will depend on the time required to produce NI 43-101-compliant resource estimates.

"Both these projects are considered substantial as Sangdong was and remains one of the world's great tungsten and molybdenum deposits with a NI 43-101-compliant resource estimate of 103 million tonnes at 0.35% WO3 and 0.04% MoS2 remaining after 40 years of mining. Previous operations only focused on the high grade zones (above 0.5% WO3), and the head grade was a few percent tungsten in the latter part of the 1940s. Muguk was and remains the countries largest gold producer.

"Both operations closed when as the respective metal prices were at least a quarter of current prices and the fundamentals in both industries have changed significantly. Significantly, both the gold and tungsten prices are well below their historic peaks in real terms. Woulfe is verifying the historical resource estimates to support the re-opening of the underground mines."

The focus at Sangdong is to upgrade the current resource to reserve by verifying approximately 800 holes drilled from underground. The focus at Muguk is to verify the historical KORES data to produce a NI 43-101-compliant resource estimate.

Qualified person has read and approved the release - Colin Luther Borrow MAusIMM a qualified geologist who has 30 years experience in underground mines and the delineation of resources and reserves.



Woulfe Mining Corp "WOF"
Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea. The company is focused on unlocking the value of these assets to increase company value and move the company onto the main board of the TSX.

In South Korea the flagship tungsten-molybdenum Sangdong project, situated 267 kilometres south east of Seoul, is rapidly moving ahead with a scoping study released to market in March 2010, indicating that the project is viable and should be progressed to feasibility stage. The company will carry out an intensive drilling program to upgrade the resource and to improve the grade with an objective of bringing the project to bankable feasibility stage by 2011 and into production by 2013.

While Sangdong is a core project, the company is carrying out work on the Muguk gold project, which was Korea's largest gold mine prior to closure. The molybdenum stockwork deposit situated below the Sangdong skarn deposit also offers significant exploration potential. The historical non-compliant resource estimate was 15 million tonnes at 0.4% MoS2 and Wardrop Engineers have estimated a compliant resource of 7 million tonnes at 0.18%. Further drilling is required to fully understand and verify the 33 historical holes drilled from the Sangdong workings and two recent holes drilled from the surface. The Muguk mine tenements have many known veins that need to be mapped and drilled going forward once the main veins are understood. The company has a strong pipeline of projects, 100% owned vanadium-uranium leases and Yeonwha base metal project that has historical resources.

On Behalf of the Board of Directors
Woulfe Mining Corp.

Brian Wesson
President, CEO and Director

Quelle:http://www.orientalminerals.com/s/NewsReleases.asp?ReportID=…

[volvocb]

In the Press
Woulfe Mining Corporation (WOF.V) Mar 15, 2010
Publisher: Objective Capital Research Ltd

File: http://www.orientalminerals.com/i/pdf/03-17_Woulfe.pdf
212 KB, approx. 40 seconds at 56.6Kbps

Quelle: http://www.orientalminerals.com/s/InthePress.asp

Unbedingt mal anschauen!!!!!

[volvocb]

In the Press

http://www.caesarsreport.com/freereports/CaesarsReportApril2…

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

Seite 6 und 7!

Unbedingt mal lesen!!!!

Dies ist keine Werbung! Info über WOF.

[volvocb]

Market Release
Woulfe Mining Corp
Vancouver, British Columbia – April 23rd, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Retains Nicola Street Capital to Provide Investor Relations
Woulfe Mining Corp. (TSX‐V: WOF) (“Woulfe” or, the “Company”) is pleased to announce that it has
retained the services of Nicola Street Capital Inc. (“NSC”) to provide the Company with investor
relations services.
NSC is a privately held British Columbia company, based in Vancouver and provides investor relations
and other marketing services to public companies. NSC and Woulfe are at arms‐length to one
another. NSC does not currently hold a position directly or indirectly in Woulfe. NSC will provide
investor relations services including, but not limited to, communicating with investors and potential
investors, preparing collateral material, co‐ordinating meetings, preparing and scheduling the
dissemination of press releases. NSC will not provide market making services.
“Brian and the team at Woulfe have made very significant progress in South Korea, both at the
Sangdong tungsten/molybdenum deposit and the Muguk gold project,” said Mike Rodger, principal of
NSC. “We look forward to working with Woulfe to communicate the value that has been created in
the company and the potential it represents.”
Woulfe has agreed to pay NSC a monthly fee of $5,000 for a 6 month term which may be renewed on
mutually agreeable terms thereafter.
Woulfe Mining Corp “WOF”
Woulfe is a TSX‐V listed company with a diversified portfolio of mining licences for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea. The company is focused on
unlocking the value of these assets to increase company value and move the company onto the main
board of the TSX.
In South Korea the flagship tungsten/molybdenum Sangdong Project, situated 187 Km south east of
Seoul, is rapidly moving ahead with a scoping study released to market in March 2010, which clarified
that the project is viable and should be moved to feasibility. The Company will carry out an intense
drilling program to upgrade the resources and to improve the grade with an objective of bringing the
project to bankable feasibility by 2011 and into production in 2013.
While the Sangdong tungsten Project is a core project, the company is carrying out work on its Muguk
gold Project, which was Korea’s largest gold mine, as well as nine vanadium/ uranium leases and base
metal projects to evaluate their possible contribution to the Company.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson
President, CEO and Director
Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

NOTICE OF CHANGE OF AUDITOR OF A REPORTING ISSUER
(with Auditor's Letter attached)
Woulfe Mining Corp. (the "Company") advises that, pursuant to its Information Circular dated March 15, 2010, Management
was proposing to its shareholders to appoint KPMG, LLP, as the Company’s auditor for the ensuing year. Accordingly, at
the Company’s annual general meeting held on April 12, 2010, Davidson & Company, LLP, was not re-appointed the
Company’s auditor and KPMG, LLP, was appointed in their stead. The Company wishes to thank Davidson & Company,
LLP, for its service as auditor to the Company.
There have been no reportable disagreements between Davidson & Company, LLP, and the Company, nor have there been
any adverse or qualified opinion or denial of opinion contained in the Auditor's reports on the annual financial statements for
the two fiscal years preceding the date of this Notice, nor any similar reservation contained in any Auditor's report or
comments on interim financial information for any subsequent period preceding the date of this Notice.
The Audit Committee of the Company has recommended the appointment of KPMG, LLP, Chartered Accountants, as the
Company's new Auditor. Additionally, the Audit Committee and the Board of Directors have reviewed and approved the
Reporting Package as required under NI 51-102, Continuous Disclosure Obligations.
The TSX Ventures Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content
of this Notice.
Dated effective April 19, 2010.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000a5qsEQo8eU5XoFD…

[volvocb]

British Columbia Securities Commission
Alberta Securities Commission

Dear Sirs
Re: Notice of Change of Auditor of Woulfe Mining Corp. (formerly Oriental Minerals Inc.)
We have read the Notice of Change of Auditor of Woulfe Mining Corp dated April 19, 2010 and
are in agreement with the statements contained in such Notice, except that we are not in a position
to agree or disagree with the Company’s statement that there are no reportable events between the
Company and Davidson & Company LLP.
Yours very truly

Chartered Accountants
Vancouver, Canada
April 19, 2010

Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[volvocb]

Noch eine Nachricht unter http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

Konnte sie nicht Kopieren!

[Heinzmann]

Antwort auf Beitrag Nr.: 39.435.049 von volvocb am 30.04.10 16:58:28

Derartige Veröffentlichungen sind doch völlig unwichtig. Sie haben keinerlei Auswirkungen auf den Kurs.
Auch wenn du allen möglichen Mist hier einstellst, hilft es niemanden, nicht einmal dieser Mist-Company. Ob diese Gesellschaft irgendetwas veröffentlicht oder nicht, ist doch ohnehin völlig ohne Bedeutung. Und genauso bedeutungslos sind deine Veröffentlichungen!!!
Der Kurs ist unten und wird vermutlich noch weiter absinken.

[Moneymaker78]

Antwort auf Beitrag Nr.: 39.435.112 von Heinzmann am 30.04.10 17:04:49

hast gerade nachgekauft? grins

[volvocb]

REBIRTH OF THE KOREAN
MINING INDUSTRY

Neue Präsentation 5.2010 24 Seiten!
Quelle:
http://www.orientalminerals.com/i/pdf/Presentation.pdf

Die 0,155 werden zwar nicht lange halten, aber ein kleiner Lichtblick.

[admico]

Antwort auf Beitrag Nr.: 39.439.473 von volvocb am 01.05.10 19:34:50

Griechenlandkrise verschärft sich.
Morgen werden DAX und Dow einen ordentlichen Rücksetzer machen...
Gold und Explorererte rücken verstärkt in den Focous.
Insofern habe ich Hoffnung, dass es bei wof einen erneuten Hüpfer geben wird.


Macht es gut und schönen Sonntag

[volvocb]

Woulfe Mining arranges $4.1-million financing
2010-05-05 10:24 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING EXECUTES AGENCY AGREEMENT

Woulfe Mining Corp. has executed an agency agreement with GMP Securities Europe LLP for the completion of a fundraising.

The fundraising will comprise private placement of 27,383,333 common shares at a price of 15 cents per share generating gross proceeds of $4,107,500. GMP will receive a commission of 6 per cent of the proceeds placed payable in cash and 6 per cent of the shares placed payable through the issuance of compensation warrants. Each whole compensation warrant will entitle GMP to acquire an additional common share of the company at a price of 22 cents per share for a period of 24 months

Completion of the placement is subject to receipt of applicable regulatory approvals, including the approval of the TSX Venture Exchange. Proceeds of the financing will be used to complete a feasibility study on the Sangdong property.

We seek Safe Harbor.

Quelle: http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%…

[volvocb]

Ich habe eine Internetseite mit OTL Werbung gefunden!

http://tungsteninvestingnews.com/

unter Featured Stock, im ersten Drittel der Seite.
Einfach mal drauf klicken.

Dies ist keine Werbung.

[SteirerMan]

Antwort auf Beitrag Nr.: 39.484.336 von volvocb am 07.05.10 20:45:02

hallo vcb

...links, wo fett, kursiv,.... steht, gibts auch "URL einfügen", und dort in die mitte den link rein

die letzten 2:
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%…
http://tungsteninvestingnews.com/

schönes WE

[SteirerMan]

Antwort auf Beitrag Nr.: 39.484.336 von volvocb am 07.05.10 20:45:02

...übrigens danke fürs ständige updaten und so...

[volvocb]

Antwort auf Beitrag Nr.: 39.484.652 von SteirerMan am 07.05.10 21:30:53

Hi, SteierMan, gern geschehen.
Mache ich für euch gerne.

Ich mache das mit den URL nicht. Sorry.
Ihr müsst sie nur Kopieren und ganz oben im Explorer einfügen.

Habe schlechte Erfahrung mit Werbung/Eigentumsrechte usw. gemacht.

Schönen Abend, auf eine Grüne Woche.
euer volvocb

[admico]

Woulfe Mining increases Sangdong interest to 70%


2010-05-10 09:18 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING STAKE IN SANGDONG GROWS TO 70%

Woulfe Mining Corp.'s scoping study for its Sangdong project in South Korea has been submitted to the property vendor, Se Woo Mining. As a result, Woulfe's per-cent ownership increases by 19 per cent from 51 per cent to 70 per cent.

The company has the right to secure 100% ownership on completion of a full feasibility study. At that time, the Company's remaining obligation to Se Woo Mining is a 2% net smelter royalty once production restarts. It should be noted that South Korea has no government royalties.

"I am very pleased with the team's progress on site in Korea. Wardrop Engineers in the UK and Canada both, have put in many hours over the last five months since the change of management and the Company's restructuring. Our ownership of Sangdong increased to 51% in December 2009 and by subsequently submitting the scoping study by Wardrop our stake has increased to 70%. We have no further payments until the 2% NSR on production. On the submission of a feasibility study, which is scheduled next year, we move to 100% ownership," stated Brian Wesson, President, CEO and Director of Woulfe.

[volvocb]

Vancouver, British Columbia – May 13th, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining closes $4,407,500 brokered private placement
Woulfe Mining Corp announced today that it has completed a partially non‐brokered private
placement of 29,383,333 shares (each a “Share”) at a price of $0.15 per share generating gross
proceeds of $4,407,500 (the “Placement”). The Placement was brokered by GMP Securities Europe
LLP which shall receive a cash commission of 6% of the proceeds directly placed and 3% of the
proceeds placed by the Company and 1,763,000 compensation warrants representing 6% of the
shares placed. Each whole compensation warrant will entitle GMP to acquire an additional common
share of the Company at a price of $0.22 per Share for a period of 24 months
Proceeds of the Placement will be used to complete a feasibility study on the Sangdong property.
All securities issued pursuant to the Placement will be subject to a four month hold period expiring on
September 14, 2010.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000xKe-CE3CK8Ay47U…

[volvocb]

Work Schedule for 2010

Vancouver, British Columbia CANADA, May 25, 2010 /FSC/ - Woulfe Mining Corp. (WOF - TSX Venture), ("Woulfe" or, the "Company") is pleased to announce the Company's work schedule for 2010.

Woulfe Mining is focused on the redevelopment of the world class Sangdong tungsten and molybdenum mine in South Korea. Woulfe is in a unique position with what the Board considers to be "The" tungsten project in the world with its 25 km of underground development shafts, airways and infrastructure surrounding the mine site. When the mine closed in 1992, the process plant was removed but the area for the plant is contoured and the mine can be reopened giving the Company the ability to bring back into production in a relatively short space of time what is likely one of the world's largest tungsten mines.

A scoping study and preliminary economic assessment have shown that this is a very significant project with strong economics at current tungsten prices. It should be noted that to be prudent the scoping study only accounted for the virgin lower veins in the scoping mine plan and diluted it by 15% at zero grade. It did not give any benefit in the capital cost to the existing mine development, so that an all new underground mine development was assumed, nor did it take into account the mineralised stockwork underneath the former mine. The company is focused on delivering the bankable feasibility study during Q1 2011 and securing project financing mid-2011. The company is not considering raising money from strategic partners at this stage as it has not been prepared to give away its current shareholder's value; however, as the project develops management will be considering these options and other opportunities to raise the project finance in the form of debt and equity.

The company also has a strong pipe line of other projects
* Muguk Gold (100% owned) - GIS being built for detailed modelling; drilling has started targeting areas in the 7 and 8 veins.
* Uranium/ Vanadium leases (100% owned) - Mapping and geochem in progress
* Yeonwha base metals project (100% owned) - building GIS in progress
* Chongyang tungsten project (100% owned) - building GIS in progress

Objective One - Bankable Feasibility Study of Sangdong

Woulfe has a 25-year mining licence for Sangdong and will submit the development application in May 2010. The Kangwon Province, in association with Yeongwol County, is expected to approve the licence in June 2010.

The mine plan approval will allow the Company to access the 25 km of underground workings. The access tunnels are in good condition, but as yet Woulfe has not assessed the condition of the vertical and ventilation shafts. It should be noted that most of the development is in limestone, which is very stable, and the quality of mine and civil construction the Company has witnessed at the site is outstanding.

With access to the underground workings, the Company can assess the three ore lodes for geology, geotechnical stability and appraise options to bulk mine the deposit. The scoping study released in March 2010, to be conservative, assumed all new underground development on the lower lode. If any of the existing accesses and workings can be reused, it could potentially lower the capital cost of bringing Sangdong back into production.

Woulfe is in negotiation with independent engineering companies to carry out a Bankable Feasibility Study ("BFS") for development of the Sangdong Mine. The Company anticipates a contract will be signed before the end of May with an initial site meeting in June. As a way of leveraging the 40-year mining history at Sangdong the Company has hired many of the former senior staff at the mine as consultants. The Company believes that most facets of the mine development and metallurgy for Sangdang are well understood. This will help to de-risk planning, allowing the Company to move directly to the BFS. Consultants from the former operator include the last general manager Mr. BG Kim and Dr Moon, a geologist who did his PhD on Sangdong.

Woulfe intends to conduct underground sampling and drilling programs. Drilling is targeted to total 10,000m utilising the underground access with the objective of increasing the grade and moving the mineral resources into a higher category for the BFS. The Company has a target of defining 20 million tonnes of ore at a grade of 0.5% WO3 or more and further plans to move this into the reserve category to support an initial 1.125 million tonne per annum process plant with a 15-year life (with a 5-year tail). This is an exploration target as it is uncertain if further delineation drilling will result in defining a grade distribution that will support this tonnage of mineral resource at a grade of 0.5% WO3. The former operators in 1992, as obligated under Korean law concerning mine closure, calculated a resource reserve statement delineating 15 million tonnes at 0.5% WO3. Given this information, the Company sees its resource target as an achievable objective. This is an historic reserve statement as a qualified person has not done sufficient work to classify the historical estimate as current mineral resources. Woulfe is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The current resource at Sangdong, as defined in the Scoping Study released April 8, 2010, is an Inferred Resource at 0.1% WO3 cut off grade of 103.2 Mt at 0.35% WO3 and 0.04% MoS2.

During the recently completed scoping study, wire frames were placed around the upper and lower lodes and applied techniques that smear the grade giving average grades. In an effort to move the project to feasibility, Woulfe is now modelling the mining blocks to identify grade trends. In addition, access to the mine will allow the Company to explore the large remnant pillars left in the high grade main vein that was mined but has not been included in the scoping study. The pillars are shown on survey plans, but the grades are not known.

While taking the grade to 0.5% WO3 and reducing the tonnes per annum from the 2.5 million envisaged in the scoping study down to 1.125 million tonnes per annum does not significantly change the Company's proposed output of tungsten, it will allow for the redesign of the plant to be much smaller and have a significant impact on the amount of capital and time required in order to move into production.

Recent work by the metallurgical testing division of SGS SA has indicated that it may be possible to improve recoveries compared to past performance. Once Woulfe has the mine block model and representative samples a bulk sample will likely be sent for proof of process.

The process plant foot print has been established and survey control will be conducted. The process plant will be sited on land currently owned by the local municipality and is accessible by road. The Company anticipates that the plant layout will be similar to that of the plant which was removed in the 1990's, and intends to lodge an application for permission to use this land.

Pacific Environmental Consultants and ERM Korea are working on a final environmental impact study for the site. This will be completed once the final process flow sheet has been established. The flow sheet will be available as soon as the production capacity based on the ore body has been determined. The review carried out by Pacific Environmental Consultants found no historical contamination or environmental issues.

Objective Two - Defining Upgrade high grade Molybdenum Stockwork

Woulfe drilled two vertical diamond holes to compliment the 33 historical holes. Wardrop Engineers have modelled the mineralisation and have defined an inferred resource of 7.1 million tonnes at 0.18% MoS2 at a cut off grade of 0.16%. Korean tungsten delineated an historical resource of 15 million tonnes at 0.4% MoS2 which is not compliant under NI43-101 and cannot be relied on; however, provides good information as a target to be drilled.

Recent interpretation by Woulfe geologists believe the mineralisation to be a veined stock work that were most likely the feeders from the granite intrusive to the skarn making the orientation of main veins vertical with splays. To understand the mineralisation and assess the historical work Woulfe intends to drill holes from underground at an oblique angle to the suggested veins orientation.

Objective Three Muguk Gold Definition

Last month, Woulfe started drilling the first hole at Muguk since the mine closed in 1997. The initial two holes are targeting the number seven and eight veins, which have had minimal mining and are away from the main mined area. The Company has employed as a consultant Mr. Jung, a qualified mining engineer and geologist who holds a Korean safety licence. Mr. Jung was the General Manager of the company that operated the mine for the last 5 years prior to its closing.

Mr. Jung has located the mine resource plans, which the Company is digitizing to build a 3D model of the mine. This will allow the Company to better understand the deposit and select targets for further drilling.

The Muguk mine was developed down to 700 metres and applied a cut off grade of 10 g/t; considering how much higher gold prices are today than during the mine's previous years of operation in the early nineties, the Company intends to remodel the mine and conduct an initial scoping study with a lower cut off grade of 3 to 5 g/t.

Objective Four Uranium/ Vanadium early exploration

In the past week Woulfe has started taking geochemical samples on one of the nine mining licensed blocks the Company holds in the Daejon area of South Korea. This block is adjacent to the Gumsan project being developed by Tozai Holdings and the Korean Resources Corporation (KORES). Woulfe anticipates announcing the results of the test work in June. Sampling across the blocks will continue with geophysical interpretation to define drill targets.

Qualified person has read and approved the release - Colin Lutherborrow MAusIMM a qualified geologist who has 30 years experience in underground mines and the delineation of resources and reserves.

About Woulfe Mining Corp.

Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea.

The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as well as a number of other properties with significant known mineralization and excellent regional potential.

Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.


On Behalf of the Board of Directors
Woulfe Mining Corp.


Brian Wesson
President, CEO and Director

Quelle: http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=15471

[volvocb]

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000dKm0PTz--H6Wn6x… vom 26.5.2010

Bericht sie darüber (Work Schedule for 2010) aber mit Fotos und Zeichnungen.

[volvocb]

(formerly Oriental Minerals Inc.)
MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE NINE MONTHS ENDED MARCH 31, 2010
DATE OF REPORT: MAY 25, 2010
OVERVIEW
This discussion and analysis of financial position and results of operations (“MD&A”) is prepared as at
May 25, 2010 and should be read in conjunction with the unaudited interim consolidated financial
statements for the nine months ended March 31, 2010 of Woulfe Mining Corp. (formerly Oriental Minerals
Inc.) (the “Company” or “Woulfe”) with the related notes thereto. Those unaudited interim consolidated
financial statements have been prepared in accordance with Canadian generally accepted accounting
principles for interim financial statements and, as a result, do not contain all disclosure required under
generally accepted accounting principles for annual financial statements. Accordingly, readers are
referred to the June 30, 2009 annual audited consolidated financial statements of the Company and the
accompanying notes. All dollar amounts included therein and in the following MD&A are expressed in
Canadian dollars except where noted.
Woulfe Mining Corp. is in the business of acquiring and exploring mineral property interests in South
Korea.
Additional information related to the Company is available for viewing on SEDAR at www.sedar.com or by
contacting the Company’s head office at Suite 408 - 837 West Hastings Street, Vancouver BC, Canada
V6C 3N6, tel [phone], or by emailing the Company at [e-mail]. Company web
site www.woulfemining.com.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
The Company’s unaudited interim consolidated financial statements for the three and six months ended
December 31, 2009 and this accompanying MD&A may contain certain statements that may be deemed
“forward- looking statements”. All statements in this document, other than statements of historical fact,
which address events or developments that the Company expects to occur, are forward looking
statements. Forward-looking statements are statements that are not historical facts and are generally,
but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”,
“projects”, “potential”, “interprets” and similar expressions, or events or conditions that “will”, “would”,
“may”, “could” or “should” occur. Forward- looking statements in this document include statements
regarding future exploration programs, joint venture partner participation, liquidity and effects of
accounting policy changes.
Although the Company believes the expectations expressed in such forward- looking statements are
based on reasonable assumptions, such statements are not guarantees of future performance and actual
results may differ materially from those in forward looking statements. Factors that could cause the actual
results to differ materially from those in forward looking statements include market prices, exploration
2
success, continued availability of capital and financing, inability to obtain required regulatory or
governmental approvals and general economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance and actual results or developments
may differ materially from those projected in the forward looking statements.
Forward looking statements are based on the beliefs, estimates and opinions of the Company’s
management on the date the statements are made. The Company undertakes no obligation to update
these forward looking statements in the event that Management’s beliefs, estimates, opinions or other
factors should change except as required by law.
These statements are based on a number of assumptions including, among others, assumptions
regarding general business and economic conditions, the timing of the receipt of regulatory and
governmental approvals for the transactions described herein, the ability of the Company and other
relevant parties to satisfy stock exchange and other regulatory requirements in a timely manner, the
availability of financing for the Company’s proposed transactions and exploration and development
programs on reasonable terms and the ability of third-party service providers to deliver services in a
timely manner. The foregoing list of assumptions is not exhaustive. Events or circumstances could
cause results to differ materially.
MANAGEMENT CHANGE:
The Board of Directors currently consists of:
- Mr. Brian Wesson
- Ms. Amelia Wesson
- Mr. John Icke
- Dr. Kevin Kartun
- Mr. Hubert Marleau
HIGHLIGHTS:
► Effective February 25, 2010, Oriental Minerals Inc. has changed its name to Woulfe Mining Corp. and
commenced trading on the TSX Venture Exchange under the symbol WOF.
► During May 2010, the Company completed a private placement of 29,383,333 shares at a price of
$0.15 per share generating gross proceeds of $4,407,500. During December 2009, the Company
completed a private placement and raised gross proceeds of $6.6 million pursuant to the issuance of
82.5 million units at $0.08 per unit. Each unit consisted of one common share and one-half share
purchase warrant. Each whole warrant is exercisable at $0.12 per share, expiring December 17,
2011.
► On April, 12, 2010, the Company’s AGM was held in Vancouver, Canada and all items of business
were passed by the shareholders. Ian Fodie resigned from the board of directors and was replaced
by Mr Hubert Marleau of Montreal, Canada.
► The Company’s scoping study/ Preliminary Economic Assessment (PEA) for its Sangdong tungsten
project in South Korea has been submitted to the property vendor, Se Woo Mining. As a result, the
Company’s ownership increased by 19% to 70%.
3
► The Company has retained the services of Nicola Street Capital Inc. to provide the Company with
investor relations services.
► The Company has commenced an initial two-hole diamond drilling campaign, totaling 1,086 metres,
to test the gold and silver mineralization at its Muguk property.
► The Company’s preliminary economic assessment, or scoping study, prepared by Wardrop, a Tetra
Tech company, for the development of the Company’s Sangdong project in Korea was posted on
April 8, 2010 on SEDAR and on the Company’s website. The scoping study is a key milestone
showing positive economics. The strong economics of the scoping study/ PEA has resulted in the
Company’s decision to move directly to Feasibility, skipping pre-feasibility for the re-opening of
Sangdong mine, which is possible as the mine was operated and produced APT (tungsten),
Molybdenum, bismuth and Gold for many years.
.......

weiter unter Quelle: http://sedar.com/CheckCode.do;jsessionid=00009WZBSeTcSKspWjq…

[volvocb]

INTERIM CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2010
(Unaudited – prepared by management)
(Expressed in Canadian Dollars)
..............
weiter unter Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

16 Seiten!

[SteirerMan]

Woulfe Applies to Reopen Underground Mining at Sangdong Tungsten Moly Project

6/4/2010 9:00 AM - FSC

Vancouver, BC June 04, 2010

FSC / Press Release


Woulfe Applies to Reopen Underground Mining at Sangdong Tungsten Moly Project

Vancouver, British Columbia CANADA, June 04, 2010 /FSC/ - Woulfe Mining Corp. (TSX - VX: WOF), ("Woulfe" or, the "Company") has lodged its Sangdong mine development plan for approval by the provincial government in South Korea. If successful, the Company will receive a development license which will allow the Company to redevelop, mine and process ore to win Tungsten and Molybdenum with by products of bismuth and gold.

The company holds a 25 year mining licence and the development plan is required before the mine development can proceed, the company requires the licence to move to feasibility as underground access will allow the company to move forward on a number of fronts including:

* Assess condition of existing access and ore zone.

* Geotechnical analysis;

* trial mining to test bulk mining methods;

* win bulk samples for metallurgical testing, and;

* verification drilling and face sampling.

"This application is a significant milestone for the Company as if approved it provides the company with the permission to mine and treat ore, de-risking the project prior to feasibility," said Brian Wesson, CEO and President of Woulfe. "Our staff has put in many hours working with a very professional provincial government to lodge the mine development plan" Korea an ideal investment location with business conscious, friendly people who demand high standards and get the job done."

Woulfe is pleased to announce that it has granted in the aggregate 1,750,000 options at a price of $0.11 per share to certain Officers and/or Directors of the Company. The options are exercisable for a five year period from the date of grant.

About Woulfe Mining

Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea.

The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as well as a number of other properties with significant known mineralization and excellent regional potential.

Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.

On Behalf of the Board of Directors
Woulfe Mining Corp.

Brian Wesson
President, CEO and Director

[volvocb]

Quelle: http://www.orientalminerals.com/i/pdf/Presentation.pdf

Presentation vom Juni mit neuem Zeitplan!

Mfg
Schönes Wochenende.

[volvocb]

Wolfe Mining Corp. Receives Mining License
for Sangdong Tungsten and Molybdenum
Project
Woulfe Mining Corp., (TSX-V: WOF) ("Woulfe" or the "Company") is pleased to announce that on
the 7th June 2010 Woulfe has been advised by the Gangwon Province in South Korea that they
have approved the mine development license for Sangdong tungsten-molybdenum project. The
Company will lodge an environmental bond in the coming week and proceed to open the
underground mine in conjunction with the mine safety authority.
“This is a significant milestone for the Company in our aggressive mine development plan,” stated
Brian Wesson, CEO and President of Woulfe. “The speed with which the application was
processed, we believe, is an indication of South Korea and Gangwon Province’s positive desire to
see hard rock mining resume in a manner that compliments the needs of the local community and
environment.”
About Woulfe Mining
Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one
of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's
largest gold producing mine, as well as a number of other properties with significant known
mineralization and excellent regional potential.
Woulfe has high expectations for near-term, low-cost production. The Company has assembled a
highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding
track record of success.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson
President, CEO and Director



Quelle: http://sedar.com/CheckCode.do;jsessionid=0000NblxIHDWpo8WVtJ…

[Heinzmann]

Antwort auf Beitrag Nr.: 39.648.664 von volvocb am 08.06.10 14:40:25

Du merkst auch alles!!

[volvocb]

Vancouver, British Columbia – June 11, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Corp. Retains
Renmark Financial Communications Inc.
Woulfe Mining Corp. (TSXV: WOF) (“Woulfe” or the “Company”) is pleased to announce that it has retained the
services of Renmark Financial Communications Inc. to assist with its investor relations activities.

In consideration of the services to be provided, the Company has agreed to a 12-month agreement starting June
1st, 2010, to pay a monthly retainer of $7,000 a month to Renmark Financial Communications Inc.
Renmark Financial Communications does not have any interest, directly or indirectly, in Woulfe Mining Corp. or its
securities, or any right or intent to acquire such an interest.
About Woulfe Mining Corp.
Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest
tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as
well as a number of other properties with significant known mineralization and excellent regional potential.
Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in
country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.

About Renmark Financial Communications Inc.
Founded in 1999, by Henri Perron, Renmark Financial Communications Inc. has become one of North
America's leading retail investor relations firms. With offices in Montreal and Toronto, Renmark focuses on
employing a strategic and comprehensive mix of exposure tactics - including media relations, nation-wide
corporate presentations and daily communication with thousands of brokers and money managers - Renmark
empowers its publicly-traded clientele to maximize their visibility within the financial community and strengthen
their investor audience.
On Behalf of the Board of Directors

Woulfe Mining Corp.
“Brian Wesson”
Brian Wesson
President, CEO and Director

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Vancouver, British Columbia – June 14, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Corp. Commences Bankable
Feasibility Study at Sangdong Tungsten and
Molybdenum Project
Woulfe Mining Corp, (TSX-V: WOF) ("Woulfe" or, the "Company") is pleased to announce that it has
commissioned Wardrop, a Tetra Tech Company to complete an NI 43-101 compliant Bankable
Feasibility Study (BFS) on its Sangdong Tungsten – Molybdenum deposit in South Korea. An NI-43-
101 compliant Scoping Study was recently completed by Wardrop which demonstrated positive
economics and the potential feasibility of reopening the Sangdong mine. The BFS is expected to be
completed in the first half of 2011.
The BFS will evaluate a 1.25 million tonne per annum (Mtpa) underground mining scenario to
include ore treatment by gravity concentration and flotation for the production of a tungsten
concentrate. The BFS will also consider an onsite refinery to produce an ammonium paratungstate
(“ATP”) product for direct sale. A molybdenum concentrate by-product will also be produced.
Additionally, the study will consider the economic, social and environmental impacts of the mining
operation on local stakeholders and the broader community. The potential for doubling capacity to
2.5 Mtpa will also be taken into consideration.
“The initiation of the feasibility study represents a significant commitment to the future of Sangdong,
and South Korea,” stated Brian Wesson, CEO and President of Woulfe. “We look forward to a
positive outcome helping to unlock shareholder value in Sangdong.”
Colin Lutherborrow MAusIMM a geologist with 30 years experience in underground mines and the
delineation of resources and reserves is a Qualified Person as defined by National Instrument
standards has read and approved this release.
About Woulfe Mining
Woulfe is a TSX-V listed company with a diversified portfolio of mining licences for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one
of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's
largest gold producing mine, as well as a number of other properties with significant known
mineralization and excellent regional potential.
Woulfe has high expectations for near-term, low-cost production. The Company has assembled a
highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding
track record of success.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson
President, CEO and Director

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Vancouver, British Columbia – June 16, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Corp. Retains
Europe - Australia Investor Relations
Woulfe Mining Corp. (TSXV: WOF) (“Woulfe” or the “Company”) is pleased to announce that it has retained the
services of Europe - Australia Investor Relations ("Euraust") to assist with a news service to selected Institutional
investors in Europe and North America.
Europe - Australia Investor Relations is a privately held European company headquartered in London, UK which
provides promotional support services for listed corporate clients to Institutional and high net worth investors in all
the main European financial centres.
In consideration for the services to be provided, the Company has agreed to a 6-month news service starting June
1st, 2010 for which it is paying a fee of EUR3,600 to Europe-Australia Investor Relations. The Company has also
engaged Euraust to arrange in July a series of Roadshow meetings in European Capitals for a fee of EUR3,000
per city per day. Services to be provided by the partners in each Capital city will be coordinated by the Managing
Partner, Mr. Trevor Baldock.
Europe - Australia Investor Relations does not have any interest, directly or indirectly, in Woulfe Mining Corp. or its
securities, or any right or intent to acquire such an interest.
About Woulfe Mining Corp.
Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten,
molybdenum, gold, base metals, uranium and vanadium in South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest
tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as
well as a number of other properties with significant known mineralization and excellent regional potential.
Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in
country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000FbbQso_efI8Vcjn…

[volvocb]

Vancouver, British Columbia – June 28, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Corp. Gold Results
Confirm Historic Information
Woulfe Mining Corp. (TSXV: WOF) (“Woulfe” or the “Company”) has achieved positive results from its first hole into the Muguk gold prospect in South Korea. The purpose of diamond drill hole MG‐1 was to verify the position of Vein No.7 outlined by historical drilling from the 1980’s. The Woulfe Mining
hole intersected six metres of the No. 7 quartz vein from a depth of 414.3m in the exact position predicted by the historical data. The true width of the vein is estimated at around 3m. Historical sampling of Vein No.7 at Muguk suggested the mineralisation within the vein is variable with historical 1m assays varying from below detection limit to 384 g/t. There were two significant assays encountered within the vein in diamond drill hole MG‐1.
Sample 1327 414.3m to 415.3m 3.3 g/t gold 14 g/t silver
Sample 1328 415.3m to 416.3m 7.8g/t gold 38g/t silver
These samples were located on the eastern margin of the vein and represent a horizontal thickness of 1m with an average grade of 5.5g/t gold and 26g/t silver. The hole continued to a depth of 700m in order to define better the geological setting of the deposit. A second diamond drill hole has commenced to test an area of Vein No.7 at 100m to the north and 80m higher than diamond drill hole MG‐1. This hole has a planned depth of 450m and results are expected to be announced in early August.
Colin Lutherborrow MAusIMM is a geologist who has 30 years experience in underground mines and the delineation of resources and reserves. Mr. Lutherborrow is a Qualified Person as defined in the
Canadian National Instrument 43‐101 and has read and approved this release.
About Woulfe Mining Corp.
Woulfe Mining Corp. is a TSX‐V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea.
TSX‐V WOF
The company's current projects include the Sangdong tungsten‐molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold‐silver mine, formerly South Korea's largest gold mine, as well as a number of other properties with significant known mineralization and excellent regional potential.
Woulfe has high expectations for near‐term, low‐cost production. The company has assembled a highly skilled, in‐country, bilingual technical team and a board of directors with an outstanding track
record of success.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

[volvocb]

Quelle vom Text darüber: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Quelle : http://www.woulfemining.com/i/pdf/Presentation.pdf

Juli 2010 Presentation von WOF!

[volvocb]

Strong Institutional Shareholders von WOF:

Colonial First State 16%
Resinco Capital Partners 12%
US Global 9.9%
= 37.9%

Mal schauen, wer als nächstes sich einkauft.

Quelle: http://www.woulfemining.com/i/pdf/Presentation.pdf vom Juli!

[volvocb]

Sangdong Project Development Time Table WOF

2010
May ‐ application for Mine Development Licence
June ‐ appointment of specialist engineer to carry out bankable feasibility
June ‐ Mine Development Licence approved, access to underground mine
June ‐ commence underground geology & planning to upgrade to reserve
October ‐ submission of EIS for tailings dam and final site layout

2011
April to December ‐ financing and design
First half‐ delivery of bankable feasibility study

2012
January ‐ onwards project delivery

Dec 2013Commissioning

Quelle: http://www.woulfemining.com/i/pdf/Presentation.pdf vom Juli.

[volvocb]

Video
Gespräch/Werbung für WOF mit Brian Wesson von CEO (23.6.2010)
http://www.youtube.com/watch?v=djXvwF30g2Q
in Englisch!
Viel Spaß beim Schauen, dauert 2 min!

[volvocb]

Infos über Colonial First State

How ee mangage money
We aim to create wealth for our investors by taking an active and disciplined approach to managing money. Key to this is our robust investment process, managed by investment professionals of the highest calibre.

An active management approach seeking to outperform
Market indices, or 'benchmarks' as they are often called, reflect the performance of all investments making up that index.

We believe the dynamic nature of investment markets, coupled with our expertise, lets us add value over and above the markets we operate in. For many of our funds, we aim for investment returns above those of the relevant market index. Put simply, we aim to outperform the benchmark.

Disciplined methodology
We manage portfolios across a range of different investment styles, asset classes and risk profiles. In each case we believe our role is not to avoid risk, but rather to understand the relationship between risk and reward and to manage risk appropriately, relative to the objectives of the portfolio.

We choose investments and construct our portfolios in a disciplined manner, with an emphasis on identifying and controlling risk. We avoid speculation and ensure our portfolios are appropriately diversified.

Quality people
We're regarded as one of Australia's largest and most reputable investment managers. As a result, we're able to attract and retain the highest quality people.

Our business has been built on people who exercise good judgement and are acknowledged as leaders in their respective fields of expertise.

Quelle: http://www.colonialfirststate.com.au/about_us/How_manage_mon…

http://www.wso_1_0364b955df5da9792322fee677bf12ba.com.au/

(Soll oder ist, einer der größten Fondsgesellschaften Australiens sein.)
Wer weiß mehr über die Firma?

[volvocb]

Infos über US Global Investors
U.S Global Investors, Inc. is an investment management firm specializing in gold, natural resources, emerging markets and global infrastructure opportunities around the world.

The company, headquartered in San Antonio, Texas, manages a family of no-load mutual funds across a range of asset classes. In addition, the company manages funds for international clients.

Quelle: http://www.usfunds.com/about-us/" target="_blank" rel="nofollow ugc noopener">http://www.usfunds.com/about-us/

•Global Resources Fund (PSPFX)
•Gold and Precious Metals Fund (USERX)
•World Precious Minerals Fund (UNWPX)
•China Region Fund (USCOX)

(Vielleicht wird WOF auch bald in einer der Fonds vertreten sein.)

Quelle: http://www.usfunds.com/investor-resources/publications/fund-reports/" target="_blank" rel="nofollow ugc noopener">http://www.usfunds.com/investor-resources/publications/fund-reports/


Home: http://www.usfunds.com/

[berma]

Diese vergleichsweisen riesigen Volumina drüben find ich schon sehr ermutigend.

Da sie lediglich geringe Kursrelevanzen haben, werden da sicherlich Anteile von der einen in eine nächste Tasche transferriert. Ich denke, das sich hier einige billigst positionieren wollen. Vielleicht deshalb auch der Kurssturz in den letzten Wochen!?!

[volvocb]

Infos über BRIAN WESSON CEO/President, Director
und
AMELIA WESSON Vice President , Director

Okay now that I’m done buying I thought I would share this with the rest of you. It took me a long time to create this report I think it will shock you the potential that lies within this little junior. ENJOY!


Do you really know who Brian Wesson is? Here’s what it is says on Woulfe’s website:


BRIAN WESSON CEO/President, Director
Brian is an Engineer with 30 years' experience, an MBA and is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors. Brian has extensive experience in the operation, design and construction of mines and process plants. Westech bought the Vatukoula Mine in Fiji after mine closure, Westech refinanced and refurbished the operation and put it back into production and on listing Vatukoula Gold took over. (Woulfe’s website)

I looked more into his history and it is very interesting!!! I think you will gain a lot of respect for this man and Amelia Wesson after reading this.



“Hearing of this situation, Mr Brian Wesson and Amelia stepped in with Government support took over the company on 28th March 2007 clutching from the brink of liquidation. With an intimate knowledge of the mine having spent seven years in Fiji with Emperor as the Group Engineer, Brian Wesson was convinced that the people at the mine were the key to unlocking the potential of the mine. “
http://www.redlionmgmt.com/PR/Fiji_Times_Aniversary_Article.… FULL ARTICLE

"I doubt very much that there is an upside to EGM because of lack of viable resources to kick-start mining operations and the 4 million ounces resource infers total resource...what is more critical is how much of this total resource is categorized as being amenable to mining."


http://www.islandsbusiness.com/fiji_business/index_dynamic/c… FULL ARTICLE



That’s right folks Brian Wesson the former engineer of Emperor Gold Mine together with his wife Amelia Wesson found a way to BUY THE MINE from his former employer. A mine that was closed and on the brink of liquidation, a mine that nobody thought would be a good investment not profitable. He saw the potential. He found a way to get it financed refurbished and put it into production and then he sold the mine. Quite an inspiring story if you ask me.


Now let’s talk more about the companies Vice President and Brian’s wife Amelia Wesson


AMELIA WESSON Vice President , Director
Principal of Westech who was instrumental in working with governments and staff to restructure and multi skilled the Vatukoula Mine reducing staff from 2,200 staff to 700 and put in motivational inductions and training. Achieved 18 months with no lost time accidents. Amelia previously worked in companies servicing the large mines in South Africa giving her has an excellent understanding of personnel and administration. (Woulfe’s website)



“Seventy one years of hard work and entrepreneurship came to a crashing halt on 05 December 2006 when the board of Emperor Mines Limited Australia announced the closure of their operations at Vatukoula, the company had reduced labour numbers by 500 earlier in the year and put 1700 people directly employed at the mine plus many others in associated employment, out of work. This impacted the who western division as only 30% of the workers were housed on mine property all the rest live from Raki Raki to Lautoka.
http://www.redlionmgmt.com/PR/Fiji_Times_Aniversary_Article.…” FULL ARTICLE



Here’s where Amelia fits into the resurrection of the Vatukoula Mine. One of the reasons the mine wasn’t profitable was because the old owners had to many employees and they were not efficient. Amelia found away to shrink the workforce by 1500 employees or 68%. Impressive. Then with 68% less workforce the company went 18 months with no lost time accidents, quite amazing.


So what ever happened to the Vatukoula mine? Here’s what makes this story so beautiful.


The Vatukoula mine that Brian and Amelia saved from the brink of liquidation is now in production. The company is hoping to produce 60,000 oz of gold this year and long term goal of a 100,000oz per year. The stock is sitting at 1.90 pounds or $2.90 USD. They have large institutional holders such as Sprott 18%, Canadian Zinc 17%, Barclayshare 4%, TD Waterhouse 3%, HSBC 3% http://www.vgmplc.com/


So the two have obviously made their money why would they wanted to run a tungsten mine that is historically one of the biggest tungsten mines in the world? I mean, the mine has been closed since 1992 due to low metal prices. It would take a lot of work to finance and refurbish the mine to get it back into production. That would take a team that has great vision and experience with reopening a mine that is said to be not profitable. Do you see where I’m going with this? Will history repeat itself folks?



Sure gets me excited

Good luck to all

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Ab Anfang Juni ist die (Hölle) los im Board von
http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=WOF&t…

z.B.
WOF is a hot stock von jerrio78.

This will be a real mover in the next 30-60 days. Production will be underway and the company already has a flow of cash. Some very connected parties are getting involved and you will see a run on the price very soon IMHO.

Quelle: http://www.stockhouse.com//Bullboards/MessageDetail.aspx?p=0…

Klickt dann mal auf jerrio78.
Schaut euch seine Aktienliste mal an. WOF ist auch dabei.


Keine Werbung!

[wolf1071]

Antwort auf Beitrag Nr.: 39.836.659 von volvocb am 17.07.10 14:35:04

Solche Portfolios sind toll.
Du kaufst unbegrenzte Stückzahlen zu einen Preis den du am Markt nie bekommen würdest.
zb. mal 300.000 Stk WOF um 0,04 EUR.
Und verkaufst sie dann wenns nach oben gegangen ist.
Versuch mal heute 300.000 Stk um 0,065 zu kaufen.
Viel Glück.

[Heinzmann]

Antwort auf Beitrag Nr.: 39.836.659 von volvocb am 17.07.10 14:35:04

In einer Woche sind wir wieder bei 0,06!!!!
Glaubt nicht daran, dass dieser Mist dauerhaft steigt, auch wenn Mr. Wesson ein Jahr durch die Welt reist und seinen Kram anpreist wie Sauerbier!!!

[volvocb]

(News)

jerrio785

There is news coming out right away on one mining operation and some drill results. I am sorry I don't have a time line but I expect it before the end of the month so we should spike up over 10 I think. This stock will take some time and momentum to get going. Buyers in Europe will be coming on board soon as well.

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Heinzmann]

Antwort auf Beitrag Nr.: 39.848.834 von volvocb am 20.07.10 16:09:11

Dieser Typ sülzt schon seit Monaten auf stockhouse.com und verbreitet seine Latrinenparolen!!!

[Moneymaker78]

Antwort auf Beitrag Nr.: 39.849.019 von Heinzmann am 20.07.10 16:25:31

Da kenn ich noch so einen im deutschen Board....

[volvocb]

Antwort auf Beitrag Nr.: 39.849.977 von Moneymaker78 am 20.07.10 18:07:36

Du sagst es, ich wollte es eigentlich nicht ansprechen.
Sie könnten Brüder sein! + & -

[volvocb]

July 22, 2010
Woulfe Mining Shareholders Rights Plan to be Implemented at Annual General Meeting

--------------------------------------------------------------------------------

Woulfe Mining Corp. (TSX-V: WOF) ("Woulfe" or the "Company") advises that, subject to shareholder approval at the Annual General Meeting to be tentatively scheduled in late November, 2010 and the approval of the TSX Venture Exchange, a shareholders' rights plan (the "Rights Plan") will be implemented. The Rights Plan is designed to encourage the fair treatment of shareholders in the event of any take-over offer for the Company. The Rights Plan will provide the Board and the shareholders with more time than the 35 days provided by statute, to fully consider any unsolicited take-over bid for the Company without undue pressure, and allow the Board to pursue, if appropriate, other alternatives to maximize shareholder value and to allow additional time for competing bids to emerge.

"We are still in the early stages of developing our mineral properties," notes Brian Wesson, Woulfe's president and CEO. "We firmly believe that the value of our mineral properties, especially the Sangdong property, could far exceed the current, relatively small market capitalization of our company. To protect and maximize the value held by our stakeholders we are implementing a shareholders' rights plan."

Under the Rights Plan, a bidder making a Permitted Bid (as defined in the Rights Plan) for the common shares of the Company may not take up any shares before the close of business on the 60th day after the date of the bid and unless at least 50% of the Company's common shares not beneficially owned by the person making the bid and certain related parties are deposited, in which case the bid must be extended for 10 business days on the same terms to allow other shareholders to deposit to the bid. The Rights Plan will encourage an offeror to proceed by way of Permitted Bid or to approach the Board with a view to negotiation by creating the potential for substantial dilution of the offeror's position if a non-Permitted Bid is attempted. The Permitted Bid provisions of the Rights Plan are designed to ensure that, in any take-over bid, all shareholders are treated equally, receive the maximum available value for their investment and are given adequate time to properly assess the bid on a fully informed basis.

The Rights Plan is not being proposed in response to, or in anticipation of, any acquisition or take-over offer and is not intended to prevent a take-over of the Company, to secure continuance of current management or the directors in office or to deter fair offers for the common shares of the Company. The Rights Plan does not affect in any way the financial condition of the Company. The initial issuance of the rights pursuant to the Rights Plan is not dilutive and will not affect reported earnings per share or cash flow per share until the rights separate from the underlying common shares and become exercisable.

The Rights Plan is subject to the approval of TSX Venture Exchange and the approval of the shareholders. Shareholders should refer to the Information Circular for the Annual General Meeting when available for further details.
........

Quelle: http://www.woulfemining.com/s/NewsReleases.asp?ReportID=4100…

[volvocb]

http://www.woulfemining.com/irm/content/home.html
Home

http://www.woulfemining.com/irm/content/news_inthepress.html
In the Press

http://www.woulfemining.com/irm/content/news_newsreleases.ht…
News

Seit wann genau gibt es die neue Aufmachung der Homepage mit Videos/Fotos und neuen Presse berichten?

[Moneymaker78]

Antwort auf Beitrag Nr.: 39.884.759 von volvocb am 27.07.10 18:34:10

zumindest ist die News von heute, nicht ganz so aktuell....

[volvocb]

Vancouver, British Columbia - July 28, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining is underground at Sangdong Mine with opportunity for early production.
VANCOUVER, BRITISH COLUMBIA – July 28, 2010 – Woulfe Mining Corp. (TSX-V: WOF) (“Woulfe” or the “Company”) advises that it proposes to fast-track the development of its world class Sangdong tungsten-molybdenum project in South Korea with a staged development approach. This is a significant change in approach and is the result of information gathered following the approval of the mine development license in June (see Company announcement dated 7 June 2010).
The Company has been able to gain access to the upper levels of the deposit and this has contributed to an improved understanding of the ore body, in particular the potential for the early exploitation of life-of-mine pillars around haulage and ventilation workings. These pillars lie within the historically highest grade portion of the deposit.
Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if further delineation drilling will result in defining a grade distribution that will support this tonnage of mineral resource. The program consists of 38 holes for a total of 3,530 metres and will be carried out from the Sangdong Level. Drilling is scheduled to commence as soon as rehabilitation of the level is sufficiently advanced.
The Sangdong Level was used as a haulage level and provides access to the vertical and inclined shafts on the eastern flank of the deposit and to the main ventilation incline some 1.2 kilometres along strike on the western flank. Much of the level was reportedly maintained to a high standard during mining operations as it was an important component of the haulage and ventilation system. A haulage drive connects the two inclines and a secondary footwall drive lies some 150 metres to the south of the main drive. Drilling will be carried out from cross-cuts connecting the drives.
The aim of the drilling program is to define a measured and indicated resource in excess of 3 million tonnes at a cut off grade of 0.5% WO3 within a block extending from 50 metres above the Sangdong Level down 25-30 metres below. The drilling program utilises information from recent surface drilling (2007-2008), historical underground drilling and mine plans, mine closure reports to the Korean government that have recently been located, and from information gained from senior members of the mine technical team who were responsible for Sangdong at the time of closure.
The drilling program will target the three parallel zones of mineralisation present within the deposit, the upper or Hangingwall Zone, the Main Zone and the lower or Footwall Zone. The mineralisation dips at 25-30 degrees to the north-northeast.
The Hangingwall Zone has been accessed by mine development but only modest mine production has been undertaken. It has the potential to contain 1-2 million tonnes of resource grading 0.5-1.5% WO3 based on historical evidence. This is supported by recent surface drilling with hole SD-01 drilled in 2007 intersecting 18 metres @ 1.05% WO3 and 0.15% MoS2 at a distance of 38 metres above the Sangdong Level.
The Main Zone is 18-20 metres below the upper zone. This zone has been the focus of intense mine production, however the mine closure plans show a life-of-mine pillar above the Sangdong Level hangingwall drive. This pillar is shown as 6-8 metres in thickness, extending down dip for 55-60 metres and 1.0-1.2 kilometres in length. It has the potential to host 0.9-1.0 million tonnes of resource with a grade in the order of 1.5% WO3 based on historical production records, although there is no drilling evidence to support these grades.
The Footwall Zone lies 25-35 metres below the Main Zone and it has not been exploited. The mineralisation within this zone is more variable than the overlying zones, however it has the potential to host 1.5-2.5 million tonnes grading 0.3-0.9% WO3, based on historical and recent drilling data.
A Woulfe representative is currently in South East Asia sourcing second hand mining equipment from an underground mine that was decommissioned in 2009. Equipment available includes underground vehicles and drilling machines, pumps, fans and compressors, and assorted consumables. It is anticipated that the equipment will be onsite at Sangdong by early September 2010.
Woulfe has obtained the necessary approvals from the regional mine safety office for the rehabilitation of the Sangdong workings and is in the process of appointing an experienced site manager. Detailed geology, survey, mine planning and project design activities are being advanced by consultants so that the Company is in a position to commence the first stage of development later this year subject to finance. This work will support the bankable feasibility study for the full scale project being undertaken by Wardrop Engineers UK.
In anticipation of early start-up, the Company has renovated an old office building located adjacent to the main Sangdong access adit and this will be used for offices, change house and mine control facilities. The Company has also acquired freehold title to the building that has been used as the exploration office and this will be used for site accommodation.
Colin Lutherborrow MAusIMM a geologist with 30 years experience in underground mines and the delineation of resources and reserves is a Qualified Person as defined by National Instrument standards has read and approved this release.
Brian Wesson FAusIMM President/ CEO
Woulfe Mining
[e-mail]
Woulfe launches new web site www.woulfemining.com

[volvocb]

Vancouver, British Columbia - July 29, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining underground drilling
program at Sangdong mine.
VANCOUVER, BRITISH COLUMBIA – July 29, 2010 – Woulfe Mining Corp. (TSX-V: WOF)
(“Woulfe” or the “Company”) Woulfe Mining Corporation is pleased to announce an underground drilling program for the Sangdong Tungsten Project in South Korea. The program targets a block in the upper area of the mine, above the valley floor in order to quantify a potential zone of 3 million to 5 million tonnes of high grade resources. This may allow the company to fast track mine development.
Significant progress has been made toward implementing the drilling program. An investigation team has recently undertaken an underground inspection of the around 1km of the Main Sangdong Haulage Level. This level connects the old Sangdong vertical shaft to an inclined haulage shaft on the eastern side of the deposit and extends to the WNW around 1.2km along the strike of the lodes to the main ventilation incline. There is a footwall drive around 150m to the south of the ore drive that connects the two inclines. The area was maintained to a high standard during mining operations as it was an important component of the haulage and ventilation system.
A preliminary analysis is being undertaken of the potential resources in an area from 50m above the Sangdong level down to around 25m to 30m below. This investigation utilises information from recent surface drilling (2007 – 2009), historical underground drilling and mine plans, mine closure
reports to the Korean government and communication with the senior members of the mine
technical team who were responsible for Sangdong at the time of closure.
The block is located in the historically highest grade part of the deposit. There are 3 parallel zones of mineralisation in the area dipping at around 25 degrees to the NNE. The upper zone has been accessed by mine development but only modest mine production has been undertaken. It has the potential to contain 1 million to 2 million tonnes of resource. Historical evidence suggests average
WO3 grades in the area of 0.5% to 1.5% WO3. This has some support from recent surface drilling as SD-01 (2007) intersected 18m @ 1.05% WO3 and 0.15% MoS2 at a distance of 38m above the Sangdong Level.
The main zone is 18m to 20m below the upper zone. This zone has been the focus of intense mine production. However mine close plans show a life of mine pillar above the Sangdong level, hanging wall drive. This pillar is shown as 6m to 8m thick, extends down dip for 55m to 60m and is 1.0km to 1.2km in length. It has the potential to host 0.9 to 1.0 million tonnes of resource. Historical
production records suggest run of mine grades for material up dip and down dip of the pillar to be of the order of 1.5% WO3 but there is no drilling evidence to support these grades.
The lowest mineralised zone is 25m to 35m below the main zone and has not been mined. This zone is more variable than the other zones. It has the potential to host 1.5 million to 2.5 million tonnes. Evidence from historical and recent drilling suggests average grades across the zone to be in the range of 0.3% to 0.9% WO3.
A detailed underground diamond drilling program from the Sangdong Haulage Level has been
designed to quantify the resources in all three zones in the area of investigation. This program consists of 38 holes for a total of 3,530 metres. The aim of the program is to define a measured and indicated resource in excess of 3 million tonnes at a WO3 cut off grade of 0.5%. Colin Lutherborrow MAusIMM a geologist with 30 years experience in underground mines and the delineation of resources and reserves is a Qualified Person as defined by National Instrument
standards has read and approved this release.
Brian Wesson FAusIMM President/ CEO
Woulfe Mining
[e-mail]

[volvocb]

von
The Caesars Report Team

Woulfe Mining (WOF.V) shot up last Friday, to a High of C
.135. We have no idea what caused this run up, but we are expecting drill results in August. Maybe someone already knows more than us…...



Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

von Tungsten Investing News

Bericht über WOF!

Quelle: http://tungsteninvestingnews.com/42-oriental-minerals-explor…

[volvocb]

1 neues Video,
glaube ich.


Video : Company Execs Online Woulfe Feature
Brian Wesson - Woulfe Mining
oder
Video : Overview of the Tungsten Market
Brian Wesson - Woulfe Mining

Quelle: http://www.woulfemining.com/irm/content/news_multimedia.html

[volvocb]

NOTICE DECLARING INTENTION TO BE QUALIFIED UNDER NATIONAL
INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS (“NI
44-101”)
July 27, 2010
TO: The British Columbia Securities Commission, as notice regulator, and to
the Alberta Securities Commission
Woulfe Mining Corp. (the “Issuer”) intends to be qualified to file a short form
prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all
applicable qualification criteria prior to filing a preliminary short form prospectus.
This notice does not evidence the Issuer’s intent to file a short form prospectus,
to enter into any particular financing or transaction or to become a reporting
issuer in any jurisdiction. This notice will remain in effect until withdrawn by the
Issuer.
(signed) “Brian Wesson”
Brian Wesson
President and Chief Executive Officer

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000-UD76eCLSO2J7Tt…

[volvocb]

ANNUAL INFORMATION FORM

Hat 103 Seiten!!!


For the year ended June 30, 2009
Dated as at August 4, 2010
WOULFE MINING CORP.
(“Woulfe” or the “Company”)
Suite 408 - 837 West Hastings Street
Vancouver, BC, Canada V6C 3N6
Tel: [phone]
Fax: [phone]
Email: [e-mail]
Website: www.woulfemining.com

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=1&issuerNo=0000…

[volvocb]

Cover Letter from 10. August


Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

[seidenspinner]

Antwort auf Beitrag Nr.: 39.964.359 von volvocb am 11.08.10 10:52:49

Was steht da drin? Kurz zusammengefaßt?

[volvocb]

11-Aug-2010
Insurance Day
Buffett's Korean ambitions

1 Seite!

Quelle:
http://www.woulfemining.com/irm/content/news_newsreleases.ht…

[volvocb]

Corporate Calendar
Date Description
08-Sep-2010 To 10 September, Canada West Coast road show
20-Sep-2010 To 22nd Sept - Excellence in Mining Conference, Sydney
25-Sep-2010 Presentation at Borsentag, Hannover, Germany
03-Nov-2010 AGM

Previous Year Next Year

Quelle: http://www.woulfemining.com/irm/content/investors_corporatec…

[volvocb]

FSC / Press Release


Resinco Capital Partners Inc. Releases Q2 2010 Results

Vancouver, British Columbia CANADA, August 13, 2010 /FSC/ - Resinco(TM) Capital Partners Inc. (RIN - TSX, L6V1 - FWB), ("Resinco" or the "Company") announces its financial results for the six months ended June 30, 2010. The Company posted a net loss of $3,027,000 ($0.03 per share (basic)), versus a net income of $3,690,000 ($0.02 per share (basic)) for the same period in 2009. At period end, the Company held investments with a fair value of $12.1 million ($0.10 per share), compared to $16.9 million ($0.14 per share) at December 31, 2009.

Resinco realized a gain of $514,000 on the sale of marketable securities during the quarter and recorded an unrealized investment loss of $4,709,000, compared to a realized loss of $149,000 and an unrealized gain of $2,350,000 for the same period in 2009.

"The value of our portfolio has been diluted quite significantly over the course of the past quarter. In particular the value of our investment in Woulfe Mining Corp. should be highlighted. The reduction in Woulfe contributed $3,144,000 or 66.8% of our unrealized investment loss for the quarter. This erosion in value was particularly disappointing given the significant operational progress made at Sangdong, Woulfe's signature tungsten property located in South Korea, and the initial exploration on Muguk, their premiere gold project," stated John Icke, President and CEO of Resinco. Mr. Icke went on to say, "The first six months of the year have been somewhat perplexing with junior resource stocks generally not holding their value and underperforming to our expectations. Market commentators have been cautious about expressing confidence in the state of the market as the global economy still struggles to emerge from the economic downturn of 2008. Overall we remain optimistic about many of our key investments and we believe we will experience some modest valuation improvements over the remainder of the year. Throughout the somewhat turbulent times we will continue to focus on strict expense control, execution of quality due diligence related to new investments and offer counseling to the management of our key investments through participation at the board level."

About Resinco(tm) Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company which specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit www.resincocp.com.

On behalf of the Board of Directors
RESINCO(tm) CAPITAL PARTNERS INC.:

John Icke
President and CEO

For more information, please contact
Resinco
Mike Rodger
Investor Relations
604-696-6515
[e-mail]
www.resincocp.com

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.



RESINCO(tm) CAPITAL PARTNERS
800 W. Pender Street, Suite 1430
T 604 696-6515
T 1 877 687-5755
Trading Symbol-TSX: RIN Vancouver, BC Canada
V6C 2V6 F 604 684-2990
www.resincocp.com

Quelle:http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=15857

[volvocb]

Hallo Zusammen,

ich hatte mich bereits im vergangenen Monat hier einmal zu Wort gemeldet. Wir hatten als Investor Relations-Agentur die Präsentation von Woulfe Mining in Frankfurt im vergangenen Monat organisiert.

Woulfe Mining würde gerne eine sog. WebKonferenz für private Investoren und Interessenten anbieten. Dabei würde sich Woulfe Mining zum einen präsentieren und zum anderen Ihre Fragen beantworten. Woulfe Mining hat uns nun gebeten hier im Forum einmal das Interesse an solch einer WebKonferenz auszuloten. Präsentieren sowie Rede und Antwort stehen würde der CEO Herr Brian Wesson. Das ganze läuft über das Internet, Kosten entstehen (außer vielleicht nationale Telefonkosten, falls Sie kein Headset benutzen) keine.

Daher meine Frage: Besteht solch ein Interesse? Falls ja, wann wäre ein guter Zeitpunkt?

Antworten gerne hier im Forum oder unter [e-mail]

Eva Reuter


http://www.wallstreet-online.de/diskussion/1090248-70561-705…

[Heinzmann]

Antwort auf Beitrag Nr.: 40.044.186 von volvocb am 25.08.10 17:26:01

Das ist im anderen thread längst diskutiert. Du bist wie immer zu spät!!

[volvocb]

Antwort auf Beitrag Nr.: 40.044.206 von Heinzmann am 25.08.10 17:29:21

Es gibt leute die auch Arbeiten müssen und nicht so viel Zeit zum meckern haben.
Es ist nur eine Info und mehr nicht. Wirst du Fragen stellen? Zum diskutieren ist der andere thread da, hier nur wichtige Infos, also raus hier, bitte.
WOF wird erst nächstes Jahr steigen.

[volvocb]

One of Woulfe's major shareholders

Hello Jerrio! I had a great conv. with John Icke who is a director of Woulfe and as well ceo of Rescindo. He brought me up to speed on the developments in Korea, namely Muguk they have samples/assays some are in Australia awaiting to be processed with hopefully nr in Sept (did not give an exact date) as far as Sangdong everything is progressing well, the locals/governor are ecstatic that the mine is a go and labourers are ready to rock!
Funding is still good as they still have funds from the last two pp's.
So looks like it's a matter of execution and overall economic global markets don't tank!!


glta


ADDING WHEN FUNDS ARE AVAILABLE!!

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

thx Nick for the update and timely response!!

My email

HelloMike after reading your post on SH I decided to send you an email in regards tothe Subject (Muguk assays). When are the assays due ?from the NR in June it mentioned mid Aug, now that this timeframe is past whatis the new timeline?? John had mentioned that the samples (or just some of them)were in Australia at a lab last week can you clarify all thisinfo.
Thankyou
xxxxx

Nick's reply

xxxx,
Firstlylet me thank you for your interest in Woulfe Mining.
Itis my understanding that the assays from the drilling program at the Mugukproject are currently in Australia for testing. As soon as the results areverified will be communicating with the market, something we expect to happenshortly. As the Muguk project is formerly Korea’s largest producing goldmine andgold continues to climb in price we are excited by the project potential andshare your frustration at the delay of the results.
Thecompany’s largest property, the Sandong Moly/Tungsten project is on target todeliver a bankable feasibility study early next year.
Webelieve the Woulfe focus on projects with established historical mineralizationand the aggressive development schedule have the potential to deliversignificant shareholder value.
Ifyou have any further questions please do not hesitate to contactme.
Regards
Nick

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Date: 03/09/2010
510 Burrard St, 3rd Floor Vancouver BC, V6C 3B9 www.computershare.com
To: All Canadian Securities Regulatory Authorities
Subject: WOULFE MINING CORP

Dear Sirs: We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:
Meeting Type :
Annual General and Special Meeting
Record Date for Notice of Meeting :
29/09/2010
Record Date for Voting (if applicable) :
29/09/2010
Beneficial Ownership Determination Date :
29/09/2010
Meeting Date :
03/11/2010
Meeting Location (if available) :
Armstrong Simpson
Suite 2080 - 777 Hornby Street
Vancouver, BC

Voting Security Details:
Description
CUSIP Number
ISIN
COMMON SHARES
98212A105
CA98212A1057
COMMON RESTRICTED
98212A204
CA98212A2048
Sincerely, Computershare Trust Company of Canada / Computershare Investor Services Inc. Agent for WOULFE MINING CORP

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000wqR_uZZagRKiTww…

[volvocb]

Antwort auf Beitrag Nr.: 40.107.276 von volvocb am 06.09.10 20:04:42

Das habe ich mir aus einem anderen Thread mal ausgeliehen weils ganz einfach hier dazu passt und interessant ist.



Woulfe Mining - Extrem heißer Glühdraht

Die australische Gesellschaft Woulfe Mining schürft nach Wolfram. Die Aktie ist ein heißes Eisen und hochspekulativ, aber eben auch interessant.

von Jens Castner, Euro am Sonntag

Australien war das erste Land, das konventionelle Glühbirnen verbot. Der Nutzen für die Umwelt freilich ist umstritten, da die segensrei­chen neuen Energiesparlampen hochgiftiges Quecksilber enthalten, das die Wohnung verseucht, wenn die Leuchte aus der Fassung fällt und zersplittert. Seit geraumer Zeit sind deshalb in Frankfurt Flugblätter gegen das – so wörtlich – „neue Scheißlicht“ im Umlauf. Sehr zum Amusement einiger Banker, denen das Lachen sonst regelmäßig vergeht, wenn der Name des Erfinders der Metallfadenlampe, Carl Auer von Welsbach, fällt. Denn die Nachfahren Auer von Welsbachs stehen in Börsianerkreisen bekanntlich für den denkwürdigen AvW-Konkurs.

Jetzt will der ehemalige AvW-Chef Wolfgang Auer von Welsbach seinerseits von einer neuen segensreichen Tech­nologie profitieren: der elektronischen Fußfessel. Die würde er nur allzu gern tragen, um aus der U-Haft zu kommen.

Doch zurück zu den Glühlampen: Verwendete Carl Auer von Welsbach noch Osmium für den Draht (daher der Name Osram), setzte sich später Wolfram als überlegenes Material durch. Dessen Zeit ist noch nicht vorbei, denn auch die drahtlosen Energiesparlampen kommen nicht ohne Wolframelektroden aus. Also schürft die kanadische Gesellschaft Woulfe Mining neben Gold und Molybdän in Südkorea nach dem extrem hitzebeständigen Element. Vorstandschef Brian Wesson sucht dabei nicht aufs Geratewohl, sondern verlässt sich auf bekannte Vorkommen. Deshalb will er eine Mine in der Provinz Sangdong, etwas östlich von Seoul, wieder in Betrieb nehmen, die von der japanischen Besatzungsmacht im Zweiten Weltkrieg eingerichtet, nach deren Abzug aber dichtgemacht wurde.

Dass die Aktie ein heißes Eisen – pardon: ein heißer Glühdraht – ist, versteht sich bei einem Kurs von acht Cent von selbst. Damit liegt der Kurs etwa auf dem Niveau der Papiere von EcoQuest, ebenfalls hochspekulativ, allerdings australisch. Das Unternehmen vertreibt biologisch abbaubare Windeln. Jetzt kam die Meldung, dass wegen der starken Nachfrage im vierten Quartal wohl zwei Millionen Windeln mehr verkauft werden dürften als ursprünglich geplant. Dem Kurs hat das bisher kaum geholfen. Aber vielleicht bringt’s ja der Umwelt Down Under mehr als das Glühbirnenverbot.

http://www.finanzen.net/nachricht/aktien/Frankfurt-Intern-Wo…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.787 von volvocb am 06.11.10 17:43:08

WOF September Präsentation:

http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.797 von volvocb am 06.11.10 17:45:07

WOF bei Facebook

http://www.facebook.com/pages/Woulfe-Mining-Corporation/1135…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.802 von volvocb am 06.11.10 17:46:53

Woulfe Mining is engaging investors in Sydney, Hannover, London and Vienna

Vancouver, British Columbia CANADA, September 21, 2010 /FSC/ - Woulfe Mining Corp. (WOF - TSX Venture), ("Woulfe" or the "Company") announces its President and CEO, Brian Wesson will be presenting and meeting investors in Sydney, Hannover, London, and Vienna starting Monday September 20, 2010.

The events will offer an opportunity for Woulfe Mining shareholders and potential shareholders to receive an update on the Company from Mr. Wesson. Mr. Wesson is also scheduling individual meetings with high net worth and institutional investors during the trip.

The schedule includes:

Sydney, Australia - The Excellence in Mining and Exploration Show Monday, September 20 - 22
Hannover, Germany -- Borsentag, September 25th
London, United Kingdom - London Global Mining Conference, September 28 - 29
Vienna, Austria - International Tungsten Industry Association, September 30 - October 1st

"This event schedule is an efficient way for me to connect with many current and potential investors," said Mr. Wesson. "Our primary focus is the Sangdong project where we have achieved many of our major milestones this year. It is important investors understand the progress we have made and continue to make to get this mine back into operation. I am looking forward to meeting both investment and strategic partners on this trip."

Brian Wesson FAusIMM President/ CEO
Woulfe Mining
[e-mail]


About Woulfe Mining Corp.

Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea.

The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as well as a number of other properties with significant known mineralization and excellent regional potential.

Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.


On Behalf of the Board of Directors
Woulfe Mining Corp.

"Brian Wesson"

Quelle: http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=16057

[volvocb]

Antwort auf Beitrag Nr.: 40.468.809 von volvocb am 06.11.10 17:48:48

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1…

Die nachfolgenden Firmen sind auf Seite 7 der Präsentation vom 1.9.2010 aufgeführt.

Strong Institutional Shareholders:

Colonial First State 16%

Resinco Capital Partners 12%

US Global 9.9%

Se Woo Mining Korea 9.9% (Vendor)

[volvocb]

Antwort auf Beitrag Nr.: 40.468.815 von volvocb am 06.11.10 17:51:26

Vancouver, British Columbia – September 29, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Progresses Towards Mine
Opening, Updates Shareholders on Tungsten
Market.
Vancouver, BC, September 29, 2010 - Woulfe Mining Corp. (TSX-V: WOF) (“Woulfe” or the
“Company”) is moving ahead with its development plan for the re-opening of the Sangdong
tungsten mine in South Korea following the approval of the mining development permit by the
provincial government in June 2010.
Woulfe has established a site office and employee accommodation at Sangdong. Additionally,
Woulfe has trained Korean staff who are already working underground. Current efforts are focused
on the reopening of underground levels for planned exploration drilling. The main access drive has
been opened and mining engineers and geologists have inspected the workings above the valley
floor, increasing the confidence that the historical data is accurate. The data is being digitised for
3D modelling to support the mines plan to include a processing plant with 1.2 million tonnes per
annum capacity. The information modelling utilizes historical data from 800 holes and 91 new
diamond holes drilled into the project.
The underground workings can now be accessed by vehicle and the first drilling equipment has
arrived on site. Two containers of equipment purchased from Barrick are expected on site mid
October which will allow the drilling of Sangdong to move forward. The equipment containers
were delayed leaving the Port of Lae, Papua New Guinea, requiring the rescheduling of drilling by
a month. The drilling is required to finalise the mine plan and geotechnical design.
The Woulfe team have performed detailed reviews of the available data and determined that the
optimum development approach is to commence mining in the upper levels, exploiting the Foot and
Hanging wall lodes and the higher grade pillars protecting now-redundant haulage ways such as the
inclined shafts. Mining will be through a new 5x5 metre access deploying jumbo drill rigs, 40
tonne trucks and large loaders. This sets the Sangdong mine apart from the many small vein
deposits as the Sangdong mine has a strike of 1 km and the two veins are on average 10 metres
thick lending the project to low cost bulk mining.
Modelling of the ore bodies indicate that there is an opportunity to fast track the project and build a
process plant with an initial capacity of 1.2 million tonnes per annum. The process plant could be
expanded on a staged basis to accommodate an increase in production from Sangdong or the
underlying Moly Stockwork orebody.
Woulfe has opted for the fast-track approach because it is convinced that it is a low risk project
given the 40 year successful mining history at Sangdong; the extensive drilling database; its
proximity to end-user markets; and a supportive and democratic government. The Company
understands proceeding without a completed feasibility study presents higher risk and there is no
certainty that the operations will be found to be economic. The feasibility study is currently being
prepared by Waldrop and is on course for delivery in 2011.
This development coincides with a strengthening global tungsten price, which has risen consistently
since 2009 to a current price of almost US$260/mtu APT. The Scoping Study (Wardrop, March
2010) assumed a long term price of US$250/mtu APT and generated a pre-tax net present value of
US$462 million using a real discount rate of 8%. The break even APT price in the Scoping Study
is US$167/mtu APT. The Scoping Study delineated an Inferred Resource of 103.2 Mt at 0.35%
WO3 and 0.04% MoS2
Woulfe has preserved its financial independence to date by selling equity and not soliciting off-take
partners. Woulfe has been focused on generating value for shareholders. The Company is now in
discussion with various large strategic players in the metal markets and is considering the
opportunities that accelerate the project to production as quickly as possible.
Colin Lutherborrow MAusIMM a geologist with 30 years experience in underground mines and the
delineation of resources and reserves is a Qualified Person as defined by National Instrument
standards has read and approved this release.
Brian Wesson CEO/ President FAusIMM

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.822 von volvocb am 06.11.10 17:53:24

Vancouver, British Columbia – September 30, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Appoints New Director
VANCOUVER, BRITISH COLUMBIA – September 30, 2010 – Woulfe Mining Corp. (TSX-V:
WOF) (“Woulfe” or the “Company”) is pleased to announce the appointment of Mr. David
Constable, P.Geo. MBA, to its Board of Directors. Recently retired from FNX Mining
Company Inc. ("FNX") as Vice President of Investor Relations following the merger of FNX
with Quadra Mining Ltd. (now TSX:QUX), David’s industry experience is extensive and wide
ranging with over forty years experience as an exploration geologist and in senior
management roles across North and South America, south-east Asia and Australia.
David began his career with the Noranda Group, ran his own geological consulting firm and
worked at the Ontario Ministry of Northern Development and Mines as Senior Manager of
Mineral Development before joining Normandy Mining of Australia as Vice President of
Investor Relations. During David’s tenure at Normandy Mining, the company listed in North
America and was subsequently taken over in 2002 by Newmont Mining Corporation
(NYSE:NEM, TSX:NMC) after which he joined FNX.
David is a certified director (ICD.D) and an experienced director of junior mining companies
such as Aquiline Resources Inc. (acquired in 2009 by Pan American Silver Corp. (TSX:PAA))
and Moly Mines Limited (TSX:MOL, ASX: MOL) which completed a $200 million financing
with Sichuan Hanlong Group Ltd. of China in October, 2009. He is currently Chairman of
U3O8 Corp. (TSX-V:UWE), a uranium exploration company.
“I am thrilled to have David join our board,” said Brian Wesson, President, CEO and Director
of Woulfe. “David’s 40 years of exploration and mining experience, combined with a
successful, global track record with the investment community will benefit Woulfe
significantly. By joining our board, David will assist us as we accelerate our world class
projects in South Korea and introduce us to new contacts worldwide.”
Woulfe Mining would also like to report that Mr. Kevin Kartun has stepped down from the
Board of Directors but continues in his role as Vice President Business Development IR.
Brian Wesson commented that, "Kevin continues to play an important role as part of the
management team of the Company. The Company thanks Kevin for his efforts as a Director”.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.826 von volvocb am 06.11.10 17:54:26

Vancouver, British Columbia – October 1, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Grants Stock Options
VANCOUVER, BRITISH COLUMBIA – October 1, 2010 – Woulfe Mining Corp. (TSX-V: WOF) (“Woulfe” or the
“Company”) announces that subject to regulatory approval it has granted in the aggregate 1,350,000 options at
a price of $0.11 per share to certain Officers and/or Directors of the Company. The options are exercisable for a
five year period from the date of grant.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”
Brian Wesson
President, CEO and Director
About Woulfe Mining Corp.
Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining
licenses for tungsten, molybdenum, gold, base metals, uranium and vanadium in
South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine,
historically, one of the largest tungsten mines in the world; the Muguk gold-silver
mine, formerly South Korea's largest gold producing mine, as well as a number of
other properties with significant known mineralization and excellent regional potential.
Woulfe has high expectations for near-term, low-cost production of its Sangdong
tungsten-molybdenum project. The Company has assembled a highly skilled, incountry,
bilingual Technical Team and at a corporate level a Board of Directors with
outstanding industry expertise and a track record of success.
Woulfe Mining Corp
Kevin Kartun

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.829 von volvocb am 06.11.10 17:55:28

Woulfe Mining Announces Muguk Gold Drilling Results
VANCOUVER, BRITISH COLUMBIA – October 13, 2010 – Woulfe Mining Corp. (TSX-V: WOF) (“Woulfe” or the “Company”) is working to define a resource at its Muguk property to comply with NI 43-101 requirements. Woulfe has now achieved an encouraging result from its second hole into the Muguk gold prospect in South Korea. The purpose of diamond drill hole MG-2 was to establish the continuity of mineralisation in the No.7 Vein which has been defined by historical drilling and mapping from the 1980s.
Woulfe Mining’s hole MG-2 intersected a zone containing seven thin quartz veins which form part of the No.7 Vein. This zone has a true thickness of around 11 metres, while the individual veinlets range from 0.3 metres to 0.8 metres thick.
Historical sampling of the No.7 Vein at Muguk suggests the mineralisation within the zone is variable with historical one metre assays varying from below detection limit to 384 g/t. There was one significant assay encountered within the zone in diamond drill hole MG-2:
Sample 42402 386.30 metres to 386.67 metres 16.7 g/t gold, 16 g/t silver
This sample is from a vein on the eastern margin of the zone which has a true thickness of 0.3 metres. The hole continued to a depth of 450 metres in order to define better the geological setting of the deposit.
The significance of MG-2 is that it confirms the assumption of continuity between intersections. The mineralisation can now confidently be assumed to extend at least 180 metres to the north and 260 metres vertically.
Mineralisation therefore extends from MG -1 (1.4 metres true thickness at 5.6g/t gold) to historical hole No. 85.3 which intersected a true thickness of 5.4 metres at 7.0g/t gold, including 1.2 metres at 16.9g/t gold and 1.2 metres at 14.8g/t gold, separated by a 3.0 metre unsampled interval.
"These results confirm our expectations at Muguk, historically Korea’s largest producing gold mine," stated Brian Wesson, CEO and President of Woulfe. "The ongoing work at Muguk will define and potentially expand the historic, non-NI 43-101 compliant resource. Our main focus remains the Sandong Project where we have several financial partners exploring strategic relationships in South Korea to fast track production.”
Colin Lutherborrow MAusIMM a geologist with 30 years’ experience in underground mines and the delineation of resources and reserves is a Qualified Person as defined by National Instrument standards has read and approved this release.
About Woulfe Mining Corp.
Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals and uranium-vanadium in South Korea.
The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold mine, as well as a number of other properties with significant known mineralization and excellent exploration potential.
Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in-country, bilingual technical team and a board of directors with an outstanding track record of success.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.844 von volvocb am 06.11.10 17:58:55

Consolidated Financial Statements
(An Exploration Stage Company)
WOULFE MINING CORP.
(Formerly Oriental Minerals Inc.)
Year ended June 30, 2010

AUDITORS' REPORT TO THE SHAREHOLDERS
We have audited the consolidated balance sheet of Woulfe Mining Corp. (formerly Oriental Minerals
Inc.) as at June 30, 2010 and the consolidated statements of operations, comprehensive loss and
deficit and cash flows for the year then ended. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these financial
statements based on our audit.
We conducted our audit in accordance with Canadian generally accepted auditing standards. Those
standards require that we plan and perform an audit to obtain reasonable assurance whether the
financial statements are free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation.
In our opinion, these consolidated financial statements present fairly, in all material respects, the
financial position of the Company as at June 30, 2010 and the results of its operations and its cash
flows for the year then ended in accordance with Canadian generally accepted accounting principles.
The consolidated financial statements of the Company for the year ended June 30, 2009 prior to
adjustments for the correction of an error related to the accounting for income taxes, as described in
note 9, were audited by another auditor who expressed an opinion without reservation on those
financial statements in their report dated December 2, 2009. We have audited the adjustment to the
consolidated financial statements described in note 9 and, in our opinion, such adjustments in all
material respects, are appropriate and have been properly applied.
KPMG LLP (signed)
Chartered Accountants
Vancouver, Canada
October 27, 2010
.........

26 Seiten Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.854 von volvocb am 06.11.10 18:02:45

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2010
DATE OF REPORT: OCTOBER 29, 2010
OVERVIEW
This discussion and analysis of financial position and results of operations (“MD&A”) is prepared as at
October 29, 2010 and should be read in conjunction with the audited annual consolidated financial
statements for the year ended June 30, 2010 of Woulfe Mining Corp. (formerly Oriental Minerals Inc.) (the
“Company” or “Woulfe”) with the related notes thereto. Those audited consolidated financial statements
have been prepared in accordance with Canadian generally accepted accounting principles. All dollar
amounts included therein and in the following MD&A are expressed in Canadian dollars except where
noted.
Woulfe Mining Corp. is in the business of acquiring and exploring mineral property interests in South
Korea.
Additional information related to the Company is available for viewing on SEDAR at www.sedar.com or by
contacting the Company’s head office at Suite 408 - 837 West Hastings Street, Vancouver BC, Canada
V6C 3N6, tel [phone], or by emailing the Company at [e-mail]. Company web
site www.woulfemining.com.
.........

16 Seiten Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.860 von volvocb am 06.11.10 18:03:54

HIGHLIGHTS:

► Effective February 25, 2010, Oriental Minerals Inc. has changed its name to Woulfe Mining Corp. and
commenced trading on the TSX Venture Exchange under the symbol WOF.
► During May 2010, the Company completed a private placement of 29,383,333 shares at a price of
$0.15 per share generating gross proceeds of $4,407,500. During December 2009, the Company
completed a private placement and raised gross proceeds of $6.6 million pursuant to the issuance of
82.5 million units at $0.08 per unit. Each unit consisted of one common share and one-half share
purchase warrant. Each whole warrant is exercisable at $0.12 per share, expiring December 17,
2011.
► On April, 12, 2010, the Company’s AGM was held in Vancouver, Canada and all items of business
were passed by the shareholders. Ian Fodie resigned from the board of directors and was replaced
by Mr Hubert Marleau of Montreal, Canada.
► The Company’s scoping study/ Preliminary Economic Assessment (PEA) for its Sangdong tungsten
project in South Korea has been submitted to the property vendor, Se Woo Mining. As a result, the
Company’s ownership increased by 19% to 70%.
► The Company has retained the services of Nicola Street Capital Inc., commencing March 15, 2010, to
provide the Company with investor relations services. (see Investor Relations section below).
► The Company has retained the services of Renmark Financial Communications, commencing June 1,
2010, to provide the Company with investor relations services. (see Investor Relations section below).
► The Company has commenced an initial two-hole diamond drilling campaign, totaling 1,086 metres,
to test the gold and silver mineralization at its Muguk property.
► The Company’s preliminary economic assessment, or scoping study, prepared by Wardrop, a Tetra
Tech company, for the development of the Company’s Sangdong project in Korea was posted on
April 8, 2010 on SEDAR and on the Company’s website. The scoping study is a key milestone
showing positive economics. The strong economics of the scoping study/ PEA has resulted in the
Company’s decision to move directly to feasibility, skipping pre-feasibility for the re-opening of
Sangdong mine, which is possible as the mine was operated and produced APT (tungsten),
molybdenum, bismuth and gold for many years.

Seite 2 und 3
Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.863 von volvocb am 06.11.10 18:05:36

Vancouver, British Columbia – November 4, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining’s Sangdong drilling program
extended and drilling equipment on site
VANCOUVER, BRITISH COLUMBIA – November 4, 2010 – Woulfe Mining Corp. (TSX-V: WOF)
(“Woulfe” or the “Company”) announced today that drilling equipment is now on site at Sangdong to
conduct the planned drill program which has been extended from the original plan of 3,600 metres
to 5,000 metres. Over the last year at Sangdong, the Company has acquired a mine development
licence, reopened the mine, repaired and cleaned out over 600 metres of tunnels, and has
established two drill platforms in preparation for this work.
Services have been installed such as compressed air and a compressor commissioned at the adit to
support drilling operations and any further remedial work. The first of the small compact diamond
drilling machines are now on site after delivery from South Africa. Woulfe is recruiting and training
its own Korean drilling teams as the cost per meter is very competitive utilizing local labour.
The planned drilling program has been increased from 3,600 metres to 5,000 metres since it is
considered more efficient to drill deeper holes than establish new drill sites. To accelerate this
program, the Company will have a further two diamond drills delivered from South Africa.
INFILL DRILLING
The aim is to drill the upper area of the mine to assess the quality of the over 800 historical diamond
drill holes drilled into the deposit.
Drilling program specifics:
Parameters Value
Number of holes 38
Total metres 5039
Maximum dip 64 degrees
Minimum dip -63 degrees
Average length 133 m
Minimum length 40 m
Maximum length 230 m
Total up holes 27
Total down holes 11
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.868 von volvocb am 06.11.10 18:07:30

barolo192
9/2/2010 1:26:53 PM | | 313 reads | Post #28552351

thx Nick for the update and timely response!!

My email

HelloMike after reading your post on SH I decided to send you an email in regards tothe Subject (Muguk assays). When are the assays due ?from the NR in June it mentioned mid Aug, now that this timeframe is past whatis the new timeline?? John had mentioned that the samples (or just some of them)were in Australia at a lab last week can you clarify all thisinfo.

Thankyou

xxxxx


Nick's reply



xxxx,
Firstlylet me thank you for your interest in Woulfe Mining.
Itis my understanding that the assays from the drilling program at the Mugukproject are currently in Australia for testing. As soon as the results areverified will be communicating with the market, something we expect to happenshortly. As the Muguk project is formerly Korea’s largest producing goldmine andgold continues to climb in price we are excited by the project potential andshare your frustration at the delay of the results.
Thecompany’s largest property, the Sandong Moly/Tungsten project is on target todeliver a bankable feasibility study early next year.
Webelieve the Woulfe focus on projects with established historical mineralizationand the aggressive development schedule have the potential to deliversignificant shareholder value.
Ifyou have any further questions please do not hesitate to contactme.
Regards
Nick

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.868 von volvocb am 06.11.10 18:07:30

juncles3
10/15/2010 9:06:15 PM | | 296 reads | Post #28715016

http://www.metal-pages.com/news/story/49734/

The direction of tungsten prices continues to put a smile on my face when I think of Woulfe's position (and the small mountain of shares I own). Previous study RE: Sangdong which had a NPV of $462 M used a $260/mtu APT long term tungsten price and $167 breakeven price. Current price is around $270 before we're even in production!!!

And all of this is only a portion of Woulfe's total business.

The fact that the brains of the operation want to fast track production at Sangdong even before the Bankable Feasibility Study is completed (scheduled for the first half of 2011 from Wardrop) just puts a cherry on top of it all.

Great luck to all the longs.

Juncles

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.898 von volvocb am 06.11.10 18:17:06

Delayed Market Depth By Price Summary

Last Market by Price Update: 05 Nov 2010 16:16 ET
Instrument Name: Woulfe Mining Corp. Symbol: WOF

The market data displayed is provided on a 15-minute delayed basis and we do not guarantee its accuracy or completeness. Please refer to the date/time stamp above to obtain the age of the data in this table.

BID Orders Volume Price Range
24 766,000 0.110-0.130
ASK Price Range Volume Orders
0.135-0.155 754,000 15

Quelle: http://www.tmx.com/HttpController?GetPage=DelayedMarketByPri…

[volvocb]

Antwort auf Beitrag Nr.: 40.468.898 von volvocb am 06.11.10 18:17:06

Nov. 1, 2010, 8:03 a.m. EDT

Lithium Americas Corp. Announces Mr. Ian Fodie as Chief Financial Officer
TORONTO, ONTARIO, Nov 01, 2010 (MARKETWIRE via COMTEX) -- Lithium Americas Corp. /quotes/comstock/11t!e:lac (CA:LAC 1.78, 0.00, 0.00%) ("Lithium Americas" or the "Company") is pleased to announce that Mr. Ian Fodie has been appointed Chief Financial Officer of the Company effective immediately. Mr. Fodie replaces Raymond Mitchell, who is resigning to pursue other interests.

Mr. Fodie has had an extensive career, including most recently serving as President and CEO of Woulfe Mining /quotes/comstock/11v!e:wof (CA:WOF 0.14, 0.00, 0.00%) , as the CFO for Resinco Capital Partners Inc. /quotes/comstock/11t!e:rin (CA:RIN 0.09, 0.00, 0.00%) , and former CFO and VP of Operations at Mainframe Entertainment Inc. (TSX). Mr. Fodie studied at the University of Otago in New Zealand where he received his Bachelor of Commerce degree. Mr. Fodie obtained his Chartered Accountant designation from the New Zealand Institute of Chartered Accountants and has resided in Canada for more than 20 years.

"Ian brings a wealth of international accounting, financial, and capital markets experience to Lithium Americas," stated Waldo Perez, President and CEO. "His skill set will benefit us greatly as we advance the development of our world-class Cauchari resource. On behalf of the board and management of Lithium Americas I would like to welcome Ian to the team. I would also like to thank Ray for his many contributions to the Company and wish him luck in his future endeavours."

About the Company

Lithium Americas Corp. is a company focused on the development of lithium and potassium projects in South America. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 64,572 hectares located in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting approximately 84 percent of the world's lithium brine reserves. Based on an NI 43-101 compliant inferred in situ resource estimate of 1.58 x 1012 litres with average grade of 580 mg/L lithium and 4,860 mg/L potassium (equivalent to 4.9 million tonnes of lithium carbonate and 7.7 million tonnes of potassium), Lithium Americas' principal property is one of the largest known lithium brine deposits in the world. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.


Quelle: http://www.marketwatch.com/story/lithium-americas-corp-annou…

[Heinzmann]

Sprichst du eigentlich oft mir dir selbst????

[ghost686]

Antwort auf Beitrag Nr.: 40.469.141 von Heinzmann am 06.11.10 20:13:26

Musst Du hier eigentlich jedem auf den Schlips treten?

[Rioluihui]

Antwort auf Beitrag Nr.: 40.470.506 von ghost686 am 07.11.10 14:34:07

lasse ihn einfach und gehe nicht auf ihn ein...ist reine zeitverschwendung!

[volvocb]

Antwort auf Beitrag Nr.: 40.472.769 von Rioluihui am 08.11.10 09:18:06

Heinzi kann doch sagen was er will, es hört ihm doch keiner zu und jetzt wo WOF steigt sowieso

[volvocb]

Antwort auf Beitrag Nr.: 40.483.545 von volvocb am 09.11.10 14:41:40

kyoung281
11/9/2010 3:41:50 AM | | 67 reads | Post #28821009

beastocker,

yes, i agree with chinese limiting on exporting their resources oversea effects the tungsten price.
chinese produces more than 70% of worldwide tungsten production and they consume most of it themself.
the point is korea is currently buying large amount of tungsten from china too.
now, guess what will koreans do if they find there is actual tungsten in their land....
WOF has many options. among the many options, WOF can consider to find end-users from korea or to export to china. this will happen even before they start production.
that's why their current drilling is very important. if they confirm again the actual amount of tungsten from their 5000m drilling and grant from bankable feasibility.................sp will pop huge...my guess is seatting at $1 or above easy.

let's see what happen....GL

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Hoizfaeller]

toll unsere fast schon vergessene ehemalige Oriental-Perle beginnt wieder zu laufen... zieehh....wie in alten Zeiten gen Norden...!

[volvocb]

Antwort auf Beitrag Nr.: 40.485.137 von Hoizfaeller am 09.11.10 16:52:00

barolo192
11/9/2010 11:42:20 AM | | 27 reads | Post #28823124

yesterday too shed light on the recent surge in volume and price! here is his response ,stuff we already know. Patience is key!

Happy Monday xxxxx,
Busy day, lots of activity in the market.
The equipment required for production is starting to arrive on site.I believe management are reviewing many finance options andways accelerate this project into production.
Cheers
nick


On Mon, Nov 8, 2010 at 10:21 AM, xxxxxxxxx>wrote:

Hello Nick! Seems we have movementon sp and volume today!!! Are we about to push the green button to get the minerunning?? Any new institutions coming onboard?? What about a Koreanpartner??



Thx for yourhardwork

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Hoizfaeller]

wow...perfect!!! The Show must go on!!!

[volvocb]

Antwort auf Beitrag Nr.: 40.486.281 von Hoizfaeller am 09.11.10 18:40:17

ANNUAL INFORMATION FORM
For the year ended June 30, 2010

103 Seiten!!!

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000EH8G3zHiiLuP8Vu…

[volvocb]

Antwort auf Beitrag Nr.: 40.495.103 von volvocb am 10.11.10 18:30:52

Vancouver, British Columbia – November 10, 2010 - Woulfe Mining Corp.
(TSX-V:WOF)
Woulfe Mining Secures Primary Crushing Equipment for SangdongVANCOUVER, BRITISH COLUMBIA – November 10, 2010 – Woulfe Mining Corp. (TSX-V: WOF) (“Woulfe” or the “Company”) announced today that it has located and secured all equipment required for the front-end truck discharge and primary crushing area for its Sangdong tungsten-molybdenum project in South Korea. 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.
“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.”
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… Secures Primary Crushing Equipment for Sangdong

[al_ocke_bundy]

Antwort auf Beitrag Nr.: 40.495.125 von volvocb am 10.11.10 18:33:15

Hallo volvocb,

danke erstmal für deine hervorragende Arbeit hier!

Hab mal folgende Frage. Weißt du warum das Annual Great Meeting, welches mal für den 3.11.2010 angesetzt war auf den 21.1.2011 (laut Kalender auf der Homepage) verschoben wurde? Hab eine entsprechende Meldung dazu nicht gefunden.

Danke im voraus.

[volvocb]

Antwort auf Beitrag Nr.: 40.495.262 von al_ocke_bundy am 10.11.10 18:49:11

Hi al, bitte!
Mache ich doch gerne für euch.


Antwort auf deine Frage: Ich habe auch nichts dazu gefunden.
In welcher Nachricht stand es, das es verschoben wird? Link.

[volvocb]

Antwort auf Beitrag Nr.: 40.495.262 von al_ocke_bundy am 10.11.10 18:49:11

Ich habs im Kalender gefunden, mein Fehler!

Übersetz mit Google!

Der Rights Plan unterliegt der Genehmigung der TSX Venture Exchange und der Zustimmung der Aktionäre. Die Aktionäre sollten die Information Circular für die Hauptversammlung, wenn für weitere Details verweisen. .......

Der Rights Plan ist entworfen, um die faire Behandlung der Aktionäre im Falle eines Übernahmeangebotes für die Gesellschaft zu fördern. Der Rights Plan wird den Vorstand und die Aktionäre mit mehr Zeit als die 35 Tage mit Satzung vorgesehen ist, in vollem Umfang berücksichtigen keine unverlangten Übernahmeangebot für das Unternehmen ohne unangemessenen Druck und lassen den Vorstand zu verfolgen, gegebenenfalls andere Alternativen zur Maximierung des Shareholder Value und zusätzliche Zeit für konkurrierende Angebote entstehen lassen. ......


Antwort: Genehmigung der TSX Venture Exchange liegt noch nicht vor oder eine Übernahme (Kauf) bedrohung besteht zurzeit nicht! Meine Meinung/Vermutung!!

Quelle: http://www.resincocp.com/s/PortfolioNews.asp?ReportID=410029

[al_ocke_bundy]

Antwort auf Beitrag Nr.: 40.495.520 von volvocb am 10.11.10 19:18:41

Eine Nachricht der Verschiebung gabs ja eben nicht.

Hier dein Auszug aus dem Kalender am 25.08.10:

Corporate Calendar
Date Description
08-Sep-2010 To 10 September, Canada West Coast road show
20-Sep-2010 To 22nd Sept - Excellence in Mining Conference, Sydney
25-Sep-2010 Presentation at Borsentag, Hannover, Germany
03-Nov-2010 AGM


Die Meldung zum AGM kam am 22.07.10

Auszug:
Woulfe Mining Corp. (TSX-V: WOF) ("Woulfe" or the "Company") advises that, subject to shareholder approval at the Annual General Meeting to be tentatively scheduled in late November, 2010 and the approval of the TSX Venture Exchange, a shareholders' rights plan (the "Rights Plan") will be implemented. The Rights Plan is designed to encourage the fair treatment of shareholders in the event of any take-over offer for the Company. The Rights Plan will provide the Board and the shareholders with more time than the 35 days provided by statute, to fully consider any unsolicited take-over bid for the Company without undue pressure, and allow the Board to pursue, if appropriate, other alternatives to maximize shareholder value and to allow additional time for competing bids to emerge.

[Rioluihui]

Antwort auf Beitrag Nr.: 40.495.656 von volvocb am 10.11.10 19:34:05

von mir auch ganz ein großes DANKE!

[volvocb]

Antwort auf Beitrag Nr.: 40.496.034 von Rioluihui am 10.11.10 20:09:00

November 10, 2010
Alberta Securities Commission
4th Floor
300 – 5th Avenue S.W.
Calgary, AB
T2P 3C4
Attention: Christy Chu, Assist. Accountant
Dear Sirs:

Re: Woulfe Mining Corp.
Notice of Intention to be Qualified to File Short Form Prospectus under NI 44-101
SEDAR Project #1656228
Further to your letter of even date, we enclose $2,100 representing the outstanding balance
noted in your letter.
We trust the foregoing is satisfactory.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 40.504.122 von volvocb am 11.11.10 17:32:09

loki693
11/10/2010 6:32:16 PM | | 111 reads | Post #28831999

I absolutly love the managment. These guys don't piss around. Straight to production. Share price will take off very quickly as we have already seen. I think next step is either a JV partnership or a signed contract from a metals user for a net % of product. Anyway I look at this, this comes up winner. Could be $.50 or better by new year. Get in while you can.
Blue skies ahead

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Heinzmann]

Antwort auf Beitrag Nr.: 40.504.169 von volvocb am 11.11.10 17:36:44

Die pusher sind überall!!

[volvocb]

Antwort auf Beitrag Nr.: 40.504.362 von Heinzmann am 11.11.10 17:51:46

South Korea Mining Report Q4 2010: New research report available at Fast Market Research
New Materials market report from Business Monitor International: "South Korea Mining Report Q4 2010"

FOR IMMEDIATE RELEASE

PRLog (Press Release) – Oct 31, 2010 – Korean's industrial sector is resource-hungry and requires materials in quantities far greater than it can produce from its domestic mining industry. As a result, it has been extremely active around the world in attempting to secure the long term resources to feed its factories. In this search it has had to compete with other resource consuming nations chiefly China and Japan. BMI believes that Korea will be successful in its resource acquisition strategy due to the availability of funds, well managed companies experienced in international business and the support of a proactive government with a clear vision of what is required for the future economic well being of the nation.

The Korean government has been pursuing the resource security policy through a series of Free Trade Agreements (FTA) and bilateral intergovernmental talks. An FTA with Peru could be finalised as early as November which should secure supplies of gold, zinc and tin as well as other minerals in the resource rich South American country. Advanced talks are also proceeding regarding an FTA with Australia, while in August a bilateral agreement with Bolivia will provide vast quantities of lithium for batteries for Korean electronic goods.

Government-owned Korea Resources (Kores) is leading the way with overseas mining acquisitions. The company has indicated that it will increase its acquisition spending in 2010 by over 80%, setting aside US$500mn to secure essential supplies of coal, copper and uranium. The company is operating projects in 12 countries specifically targeting African and South American resources.

Kores is also involved in a consortium led by Korea Electric Power Corp (KEPCO) which has acquired five Australian coal fields worth a total of US$488.2mn. Another major acquisition in Q410 is the purchase of a mine in Peru by Korea Zinc for US$47.5mn. Meanwhile, SK Networks are currently negotiating a massive US$700mn investment in Brazilian iron ore producer MMX Mineracao & Metalicos SA which could secure up to 17% of Korea's annual iron ore requirements.

The steel-making giant POSCO is also making progress and is hopeful that the long running saga of its planned US$12bn steel plant in Orissa should be resolved soon. Meanwhile, POSCO's US$3.3bn joint venture (JV) steel mill with Indian state-owned Steel Authority of India Limited (SAIL) is likely to be signed in Q410. South Korea's July steel production was up 16.2% on the same month in 2009, with August showing a 6.4% increase. However, after reporting excellent Q210 earnings POSCO is more pessimistic about the results in H210, fearing that high ore prices and a slowing of demand may lead to a profit fall of up to 30%.

Mining Forecast

BMI forecasts that while the Korean mining industry has improved in Q310, the rate of growth is stable and there is unlikely to be any unexpected growth spurts in the coming years. We forecast that by the end of 2010, the industry value will have increased to US$2.98bn and will continue to grow until 2014 when we expect the total industry value to reach US$4.26bn.

For more information or to purchase this report, go to:
- http://www.fastmr.com/prod/90299_south_korea_mining_repo ...

Partial Table of Contents:

Executive Summary
SWOT Analysis
- South Korea Political SWOT
- South Korea Economic SWOT
- South Korea Business Environment SWOT
Global Mining Outlook
- Table: Rio Tinto's Capital And Major Evaluation Projects For 2010
- BMI Views
- Risks To Outlook
Industry Trends And Developments
- Market Overview
- Table: Mines In South Korea
- Latest Developments
- Regulatory Structure And Developments
Key Projects
- Metals
- Iron
- Copper
- Lead, Zinc And Silver
- Nickel
- Uranium
- Minerals
- Coal
Business Environment
- Asia Pacific Mining Business Environment
- Table: Asia Pacific Mining Business Environment Ratings
- Limits Of Potential Returns
- Risks To Realisation Of Returns
- Legal Framework
- Table: BMI's Legal Framework Ratings
- Labour Force
- Table: South Korean Demographic Indicators, 2000-2030
- Foreign Investment Policy
- Table: South Korea's Annual FDI Inflows, 2000-2006
- Table: Asia's FDI Inflows, 2005 & 2006
Political Risk Analysis
- Poor Election Showing Bodes Badly For GNP
- Foreign Policy
- Long-Term Political Outlook
- Threats And Challenges To Stability
- Scenarios For Constitutional Reform
Commodities Forecasts
- Nickel
- Table: BMI's Nickel Forecasts
- Table: Global Nickel Statistics, 2005-2014
- Aluminium
- Table: BMI's Aluminium Forecasts
- Table: Global Aluminium Statistics, 2005-2011
- Lead
- Table: BMI's Lead Forecasts
- Table: Global Lead Statistics, 2005-2011
- Zinc
- Table: BMI's Zinc Forecasts
- Table: Global Zinc Statistics, 2005-2011
- Copper
- Table: BMI's Copper Forecasts
- Table: Global Copper Statistics, 2005-2011
Competitive Landscape
Company Monitor
- LS-Nikko Copper
- Woulfe Mining Corp (Formerly Oriental Minerals)
- Poongsan Holdings Corporation
- POSCO
Global Assumptions Q410
- Table: Global Assumptions, 2009-2014
- Table: Global And Regional Real GDP Growth , 2009-2014 (% change y-o-y)
- Table: Exchange Rates, Selected Countries, 2009-2014 (annual average)
- Table: Real GDP Growth - Consensus Forecasts, 2010 And 2011 (% change y-o-y)
-

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=902 ...

Quelle: http://www.prlog.org/11036103-south-korea-mining-report-q4-2…

[volvocb]

Antwort auf Beitrag Nr.: 40.517.061 von volvocb am 13.11.10 16:32:07

Monday 15 November 2010

Woulfe Mining secures hefty tungsten gear discount
SÃO PAULO (Metal-Pages) 15-Nov-2010. Woulfe Mining says it has bought ...

» Please logon to read the full story. Don't have an account? Take a free trial!

http://www.metal-pages.com/news/story/50389/

[volvocb]

Antwort auf Beitrag Nr.: 40.524.435 von volvocb am 15.11.10 17:42:13

Artikel auf metal-pages (registrierung notwendig):

Monday 15 November 2010

Woulfe Mining secures hefty tungsten gear discount

SÃO PAULO (Metal-Pages) 15-Nov-2010. Woulfe Mining says it has bought all necessary equipment for the front-end truck discharge and primary crushing area at its Sangdong tungsten-molybdenum project in South Korea.

The new equipment was sourced at a heavily discounted rate from a cancelled contract and comes with all technical documentation intact, including design drawings, the company said in a statement.

With slight modification by Woulfe engineers the equipment will be incorporated into the Sangdong project.

"This first package of equipment represents approximately 20% of that which will be required for the processing plant at Sangdong," Woulfe President and CEO Brian Wesson said.

"The 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 maximise shareholder value,” Wesson added.

The company has earmarked the end of 2013 for production to start at the Sandong tungsten mine. Authorities granted the company a mining licence in June.

The site will produce 1,300 tonnes of APT and 4,000 tonnes in subsequent years with an option to double this, while executives are not ruling out a move to process products such as ferro-tungsten later.

http://www.metal-pages.com/news/story/50389/

Quelle: http://www.wallstreet-online.de/diskussion/1154579-551-560/r…

[volvocb]

Antwort auf Beitrag Nr.: 40.547.845 von volvocb am 18.11.10 17:11:19

Vancouver, British Columbia CANADA, Nov 15, 2010 (Filing Services Canada via COMTEX) -- Resinco(TM) Capital Partners Inc.(RIN - TSX)(L6V1 - FWB), ("Resinco" or the "Company") announces its financial results for the nine months ended September 30, 2010.The Company posted a net loss of $2,000 ($0.00 per share (basic)), versus a net income of $320,000 ($0.02 per share (basic)) for the same period in 2009.At period end, the Company held investments with a fair value of $12.4 million ($0.10 per share), compared to $16.9 million ($0.14 per share) at December 31, 2009.

Resinco realized gains of $62,000 on the sale of marketable securities during the quarter and recorded unrealized investment gains of $416,000, compared to realized gains of $0 and unrealized gains of $893,000 for the same period in 2009.

Mr. Icke, President and CEO of Resinco stated commenting on the Company's performance, "During the third quarter, Resinco made some strategic follow-on investments. The developments in our portfolio of investments were particularly significant this quarter. This included closing of financings for Salmon River, Pacific Coast Nickel and Teslin River, and the announcement of financings for the rebranded Terreno Resources and Cue Resources which have subsequently closed in the case of Terreno and Cue has received Exchange approval for a $2.75 million financing. Woulfe Mining continues to make excellent progress in South Korea both at its signature Sangdong tungsten/molybdenum project and also it achieved initial positive drill results at its Maguk gold property. There has been significant progress with some of the companies in the private portion of our portfolio. Finally, Tanzania Minerals achieved its IPO goal and we expect much improved performance on a go-forward basis."

Quelle: http://www.marketwatch.com/story/resincor-capital-partners-i…

[volvocb]

Antwort auf Beitrag Nr.: 40.548.060 von volvocb am 18.11.10 17:31:21

Subject: WOULFE MINING CORP
Dear Sirs: We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:
Meeting Type :
Annual General and Special Meeting
Record Date for Notice of Meeting :
17/12/2010
Record Date for Voting (if applicable) :
17/12/2010
Beneficial Ownership Determination Date :
17/12/2010
Meeting Date :
21/01/2011
Meeting Location (if available) :
Armstrong Simpson
2080 - 777 Hornby Street
Vancouver, BC
Voting Security Details:
Description
CUSIP Number
ISIN
COMMON SHARES
98212A105
CA98212A1057
COMMON RESTRICTED 4 MONTH HOLD
98212A204
CA98212A2048
Sincerely, Computershare Trust Company of Canada / Computershare Investor Services Inc. Agent for WOULFE MINING CORP

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000nBn4k_C1788jI5b…

[volvocb]

Antwort auf Beitrag Nr.: 40.572.930 von volvocb am 23.11.10 12:11:07

Hi jungs, Kampf zwischen Nord und Südkorea, erstmal die Ruhe bewahren, auch wenn die in Can teilweise verkaufen werden, solange der Kampf nicht zum Krieg wird und sich tief ins das Festland ausbreit, besteht noch große Hoffnung.
Ich hoffe die USA spricht ein Machtword.

Nachrichten schauen ist gerade leider jetzt angesagt.

[volvocb]

Antwort auf Beitrag Nr.: 40.572.966 von volvocb am 23.11.10 12:15:57

Woulfe Mining halted at 6:13 a.m. PT

2010-11-23 09:17 ET - Halt Trading

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-17830…

[volvocb]

Antwort auf Beitrag Nr.: 40.574.565 von volvocb am 23.11.10 15:40:01

Investment Industry Regulatory Organization of Canada - Trading Halt - Woulfe Mining Corp. - WOF - V
Posted on: Tue, 23 Nov 2010 09:21:00 EST

Symbols: WFEMF, WOF
VANCOUVER, Nov. 23, 2010 (Canada NewsWire via COMTEX) --
The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: Woulfe Mining Corp. TSX-V Ticker Symbol: WOF - V Time of Halt: 9:13 am EST Reason for Halt: Company request pending news SOURCE: Investment Industry Regulatory Organization of Canada (IIROC)
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
<p>IIROC Inquiries [phone] - *Please note that IIROC is not able to

provide any additional information regarding a specific trading halt. Information is

limited to general enquiries only.</p>

For full details on (WFEMF) WFEMF. (WFEMF) has Short Term PowerRatings at TradingMarkets. Details on (WFEMF) Short Term PowerRatings is available at This Link.
For full details on (WOF) WOF. (WOF) has Short Term PowerRatings at TradingMarkets. Details on (WOF) Short Term PowerRatings is available at This Link.

Quelle: http://www.tradingmarkets.com/news/stock-alert/wfemf_wof_inv…

[volvocb]

Antwort auf Beitrag Nr.: 40.574.692 von volvocb am 23.11.10 15:52:51

Woulfe Mining Secures Korea Zinc as Strategic Partner
11/23/2010 3:09:06 PM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Nov 23, 2010 (MARKETWIRE via COMTEX News Network) --
Woulfe Mining Corp. (TSX VENTURE: WOF) ("Woulfe" or the "Company") is pleased to announce it has entered into a Heads of Agreement (HoA) with Korea Zinc Co., Ltd. ("Korea Zinc"), one of the largest zinc/lead smelters in the world with a market capitalization of approximately US$5 billion which is listed on the Korea Stock Exchange in the Republic of Korea (South Korea). www.koreazinc.co.kr

The agreement is proposed on the following basis:

Initial Investment

-- Korea Zinc places CDN$10 million at CDN$0.30 per share into Woulfe resulting in 13.46% ownership of the common shares of the Company; -- Korea Zinc will receive one seat on the board of Woulfe in a Non Executive capacity.

The deal is subject to TSX-V exchange approval, the approval of Woulfe shareholders at the scheduled AGM and extraordinary meetings on the 21st January 2011 and due diligence completion over the next 60 days.

Subsequent Investment

Woulfe 100% owned Sangdong Mining Corporation financing:

-- Korea Zinc will invest CDN$38 million of cash into Sangdong Mining Corporation; -- Korea Zinc will arrange subsequent financing to complete the development of the Sangdong project on announcement of feasibility study due in 2011.

In return, Korea Zinc will acquire 51% of the Woulfe subsidiary, Sangdong Mining Corporation.

Woulfe 100% owned Muguk Gold Corporation financing:

-- Korea Zinc will invest CDN$1.8 million into Muguk Gold Corporation to acquire 51% of the project.

Woulfe is pleased to welcome Korea Zinc as a strategic partner. Korea Zinc is an outstanding technologically advanced company having built its business core in zinc over the years to a US$5 billion market capitalization company with smelters in Korea and Australia and mining interests globally.

Korea Zinc is an ideal match for Woulfe to realize the potential of the Sangdong Tungsten/Molybdenum project and advance the Muguk Gold project as Korea Zinc has significant experience in mine and process plant development which will be invaluable to the Woulfe team in executing the Sangdong project.

The financing is sufficient to take the Sangdong project to production capitalizing on the recent tungsten price increases that have resulted in the tungsten price rising to US$300/mtu a growth of 57% this year.

Brian Wesson, President and CEO of Woulfe added, "Woulfe could not wish for a better partner than Korea Zinc as they have a very impressive track record globally and bring immeasurable benefit to Woulfe and its shareholders. The financing package also allows the company to accelerate work at the Muguk Gold project."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle: http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

[volvocb]

Antwort auf Beitrag Nr.: 40.578.866 von volvocb am 24.11.10 05:26:18

About Korea Zinc Company

Korea Zinc is an integrated zinc and lead producer with over 30 years of history in smelting. It has two smelters in Korea and Australia. Smelting capacity of company's Korean Smelter("Onsan Smelter") is 500kt of zinc and 250kt of lead and Onsan smelter is expected to produce 460kt of zinc and 200kt of lead during this year. Its Townsville smelter in Australia has capacity of 220kt of zinc and is producing 200kt of zinc per annum. Korea Zinc is listed on Korea Stock Exchange and has its head office in Seoul, Korea. Korea Zinc has U$2.6 billion total assets and a market capitalization of approximately U$5 billion. Its expected and consolidated sales revenue in year 2010 is U$3.2 billion.

Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information and even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the following: commodity price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of mineral exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the appropriate regulatory authorities.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Quelle: http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

[volvocb]

Antwort auf Beitrag Nr.: 40.578.866 von volvocb am 24.11.10 05:26:18

About Korea Zinc Company

Korea Zinc is an integrated zinc and lead producer with over 30 years of history in smelting. It has two smelters in Korea and Australia. Smelting capacity of company's Korean Smelter("Onsan Smelter") is 500kt of zinc and 250kt of lead and Onsan smelter is expected to produce 460kt of zinc and 200kt of lead during this year. Its Townsville smelter in Australia has capacity of 220kt of zinc and is producing 200kt of zinc per annum. Korea Zinc is listed on Korea Stock Exchange and has its head office in Seoul, Korea. Korea Zinc has U$2.6 billion total assets and a market capitalization of approximately U$5 billion. Its expected and consolidated sales revenue in year 2010 is U$3.2 billion.

Quelle: http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

mehr Infos über Korea Zinc

http://www.koreazinc.co.kr/english/main/main.htm

[volvocb]

Antwort auf Beitrag Nr.: 40.578.876 von volvocb am 24.11.10 05:40:17

Super Nachricht, einfach genial, zur rechten Zeit.

Das Geld wird WOF nicht mehr ausgehen!!!!

Rohstoffpreise werden auch langfristig steigen
und reichen jetzt schon für einen Gewinn bringenden Abbau!!!

WOF hat starke Partner und erfahrene Leute an seiner Seite!!!

WOf wird alle nötigen Lizenzen zum Abbau sicher bekommen.

...................................................

Ich Tippe auf 2012, mit dem ersten Abbau.

Ich hoffe bei der AGM auf einen neuen Zeitplan, da jetzt mehr Geld und Leute zur verfügung stehen, wird alles viel schneller statt finden.

Das einizige was WOF aufhalten kann, ist Nordkorea, aber dafür steht die USA hinter Südkorea und somit dürfte es keine größeren Schwierigkeiten kommen.

Ich Tippe, das WOF bis ende März bei über 1€ steht.

Meine Meinung, keine Kauf Empfehlung!

[volvocb]

Antwort auf Beitrag Nr.: 40.578.890 von volvocb am 24.11.10 06:03:46

Korea Zinc to Invest in Canada’s Woulfe Mining, Units

By Sungwoo Park - Nov 24, 2010 5:03 AM GMT+0100
inShare.More
Business ExchangeBuzz up!DiggPrint Email .Korea Zinc Co., the world’s biggest producer of refined zinc, agreed to buy stakes in Canada’s Woulfe Mining Corp. and the miner’s Korean units to take advantage of rising demand for minor metals, gold and silver.

The Korean company signed an initial agreement to buy 33.3 million new shares, or a 13.46 percent stake, in Woulfe Mining for C$10 million ($9.8 million), the Seoul-based company said in a regulatory filing today. Korea Zinc will also purchase new shares in the three units for a total C$40 million, it said.

The purpose of the investment is “to create a new growth engine by diversifying into minor metals including tungsten, molybdenum, gold and silver,” Korea Zinc said in the filing.

Zinc, used in rust-proofing steel, has fallen 17 percent this year, underperforming copper’s 12 percent gain and gold’s 25 percent jump. Silver soared 63 percent. Lack of investment in new mines will curb growth in molybdenum supplies for at least three years, Catherine Virga, an analyst at CPM Group Inc. said on Oct. 11. Molybdenum is used to toughen steel in alloys.

Under the terms of the deal, Korea Zinc will buy 51 percent of Sangdong Mining Corp., which is leading a project to re-open a molybdenum and tungsten mine in Korea, and 51 percent of Muguk Gold Corp. and 40 percent of Yeonwha Mining Corp., it said.

Korea Zinc ranks the first in terms of 2009 output of refined zinc, followed by Nyrstar and Hindustan Zinc Ltd. and Xstrata Plc., according to London-based metals-consulting company CRU.

To contact the reporter on this story: Sungwoo Park in Seoul at [e-mail].

To contact the editor responsible for this story: James Poole at [e-mail]; Andrew Hobbs at [e-mail]
.
Quelle: http://www.bloomberg.com/news/2010-11-24/korea-zinc-to-inves…

[Heinzmann]

Antwort auf Beitrag Nr.: 40.578.890 von volvocb am 24.11.10 06:03:46

Ist denn das so ein toller deal??
Für 40 Millionen bekommen sie 51 Prozent???
Kann man das so vereinfachen??

[volvocb]

Antwort auf Beitrag Nr.: 40.578.927 von Heinzmann am 24.11.10 06:47:24

Woulfe Mining to resume at 6:30 a.m. PT

2010-11-24 09:00 ET - Resume Trading

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-17835…

[volvocb]

Antwort auf Beitrag Nr.: 40.582.555 von volvocb am 24.11.10 15:12:55

By: Liezel Hill
25th November 2010
TEXT SIZE TORONTO (miningweekly.com) – Woulfe Mining, which agreed this week to sell shares in itself and two projects to Korea Zinc in return for project financing, expects to have a feasibility study ready by mid-2011 on its flagship tungsten/molybdenum asset, CEO Brian Wesson told Mining Weekly Online.

The company expects to be ready to commission about 14 months after work on the project starts in earnest, and the idea is to move as quickly as possible, to take advantage of tungsten prices which have surged some 54% this year, he said in an interview from Seoul.

Korea Zinc will initially take a 13,46% stake in Woulfe Mining for C$10-million, which will be subject to approval by shareholders in the TSX Venture Exchange-listed company.

After the shareholder votes, Korea Zinc will buy 51% of the Sangdong mine, in South Korea, in exchange for C$38-million in cash and an agreement to raise any further financing required to develop the project after the feasibility study is completed.

Woulfe had been looking for ways to finance the project but was reluctant to take a big share dilution by raising the funds on the market.

“So our shareholders are taking a hit with the placement now, but essentially then they are now going to be carried right through to production,” Wesson said.

Woulfe will manage the project until commissioning, after which it will be handed over to Korea Zinc to be run by the larger firm.

Korea Zinc is the world's biggest producer of refined zinc. It has a $5-billion market capitalisation and has forecast sales revenue of $3,2-billion this year.

Wesson stepped in as CEO of Woulfe less than a year ago, in December 2009, after his firm Westech International assisted with a best-efforts financing for the company and was hired to provide management services.

At the time, the stock of what was then called Oriental Minerals was trading regularly below C$0,10 a share, Wesson commented.

The stock was changing hands at around C$0,40 a share on Thursday morning, giving the company a market capitalisation of C$85-million.

HISTORIC OPERATION

The Sangdong mine operated for 40 years before it was closed in the early 1990s, because of low tungsten prices at the time.

The metal, most of which is produced in China now, is used to strengthen steel and prevent corrosion.

Woulfe completed a preliminary economic assessment on the Sangdong project in April this year, and received a development licence from Korean authorities in June, after which it was able to reopen the old mine workings. More than 600 m of tunnels have since been cleared.

The company has hired Wardrop Engineering for the feasibility study, and has 5 000-m drilling programme under way to delineate an NI 43-101-compliant resource and reserve estimate.

Wesson pointed out, though, that there has been extensive historic drilling of the deposit, which he said gives the company a good idea of what to expect and helps with planning in the meantime.

“We've got no doubt that the ore is there,” he said.

“And we have very little doubt where the feasibility study will go.”

Based on this confidence, the company is already moving ahead with procurement of big equipment; the firm announced earlier this month it had bought everything it needs for the front-end truck discharge and primary crushing area at Sangdong.

The package of equipment was snapped up at a big discount from a cancelled contract and will just need a few modifications, Wesson said.

Once production begins, the company is targeting a 1,2-million ton a year operation, producing 4 000 t/y of ammonium paratungstate (APT).

TUNGSTEN OUTLOOK

Tungsten prices surged in the 1970s but were sent plunging during the '80s after China discovered and developed huge, low-cost deposits of the metal.

However, the resources-hungry nation is now curbing exports to ensure domestic supply, and market watchers are actually expecting China will shift to become a net importer of tungsten, Wesson said.

“And that's what's driving tungsten very hard,” Wesson said.

The company is especially strategically placed in Korea, which currently imports from China and is keen to reduce that supply risk.

Tungsten prices stood at around $120/mtu when Wesson took over at Woulfe last year, and have since risen strongly, to beyond $300/mtu.

The breakeven price calculated in the scoping study was $167/mtu, which gives the project some attractive economics at today's prices, he commented.

Woulfe also owns a gold project in South Korea, another historical producer called Muguk.

The deal with Korea Zinc includes the larger group buying 51% of Muguk for C$1,8-million.

Edited by: Liezel Hill

Quelle: http://www.miningweekly.com/article/woulfe-ready-to-move-qui…

[SteirerMan]

Antwort auf Beitrag Nr.: 40.578.927 von Heinzmann am 24.11.10 06:47:24

hallo heinzi!

gute frage! hab ich mir auch überlegt...

aber andererseits, schau dir mal die presi an...
http://www.woulfemining.com/irm/content/investors_presentati…

...es sind mehr als 40 mios, wenn die FS fertig ist
...die finanzierungsproblematik gibts nicht mehr
...sang dong und muguk können so schnell wie möglich in betrieb gehen
...mr. wessen hat zeit sich um die anderen projekte zu kümmern

überhaupt schau mal, aus der letzten news:

Korea Zinc is an ideal match for Woulfe to realize the potential of the Sangdong Tungsten/Molybdenum project and advance the Muguk Gold project as Korea Zinc has significant experience in mine and process plant development which will be invaluable to the Woulfe team in executing the Sangdong project.

Brian Wesson, President and CEO of Woulfe added “Woulfe could not wish for a better partner than Korea Zinc as they have a very impressive track record globally and bring immeasurable benefit to Woulfe and its shareholders. The financing package also allows the company to accelerate work at the Muguk Gold project”.

in der presi stand glaub ich, man hat noch 2 mio cash. und das ist nicht unbedingt viel, um weiter zu bohren und die mine weiter zu entwickeln.


außerdem steht in der presi - Where is wolf going:

•On going negotiations with off take partners and strategic alliances, appointed financial advisors in Canada and South Korea
•Mine and process design Sangdong, focused on fast track to production
•Secure well prices equipment for mine and process plant (crushers secured)
•Wardrop working with Woulfe defining mine design and process that will be used in feasibility
•Modelling of gold assets and geological model and laying out drill plan to take them forward
•Drilling to start of Sangdong to prove historical data ( purchased drill on site with Fiji operators to start drilling)
•Sampling of Uranium leases and drill plan
•Base metal mine review


so schauts aus

ich finde der deal ist schon wirklich mindestens ok
Aber sicher, besser ginge es immer

alles IMO, schönen sonntag

[finance12]

Hallo Leute!
Bin leider erst jetzt nach längerer Recherchen bei WOF eingestiegen.
Better late than never.
Konnte gut diesen Kursrücksetzer ausnutzen. Nehme an, daß es jetzt wieder Richtung Norden geht. Gratuliere allen, die bereits seit Anfangs November dabei sind. TSX und OTC legen bereits kräftig zu.

Kurs +/- Zeit
Vol. % Datum

TSX 0,325 +0,190 16:56:48
6.500 +140,74 30.11.10

OTC 0,332 +0,212 16:09:42
11.500 +177,17 30.11.10

liebe Grüße u. viel Erfolg allen Investierten.
f12

[finance12]

Antwort auf Beitrag Nr.: 40.617.297 von finance12 am 30.11.10 17:27:28

leider wurde die Tabelle nicht so wie geschrieben dargestellt.
Jedenfalls TSX + 140,74% und OTC + 177,17%
f12

[volvocb]

Antwort auf Beitrag Nr.: 40.617.340 von finance12 am 30.11.10 17:32:13

MANAGEMENT DISCUSSION AND ANALYSISFOR THE THREE MONTHS ENDED SEPTEMBER 30, 2010
DATE OF REPORT: NOVEMBER 29, 2010
OVERVIEW
This discussion and analysis of financial position and results of operations (“MD&A”) is prepared as at
November 29, 2010 and should be read in conjunction with the unaudited interim consolidated financial
statements for the three months ended September 30, 2010 of Woulfe Mining Corp. (the “Company” or
“Woulfe”) with the related notes thereto. Those unaudited interim consolidated financial statements have
been prepared in accordance with Canadian generally accepted accounting principles for interim financial
statements and, as a result, do not contain all disclosure required under generally accepted accounting
principles for annual financial statements. Accordingly, readers are referred to the June 30, 2010 annual
audited consolidated financial statements of the Company and the accompanying notes. All dollar
amounts included therein and in the following MD&A are expressed in Canadian dollars except where
noted.
Woulfe Mining
.........
Es folgen noch 13 Seiten

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000FMRiSAwj78AQMMP…

[volvocb]

Antwort auf Beitrag Nr.: 40.631.732 von volvocb am 02.12.10 14:27:15

WOULFE MINING CORP.
(An Exploration Stage Company)
Interim Consolidated Financial Statements
Three Months Ended September 30, 2010

18 Seiten!

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000UxiNszMrGgzeWRs…

[volvocb]

Antwort auf Beitrag Nr.: 40.631.781 von volvocb am 02.12.10 14:32:45

1stNovember 2010

Presentation

Mine and process plant design focused on site establishment April 2011New

Target date to commissioning 2012

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… 201.%% 202010% 20November 20presentation

[volvocb]

Antwort auf Beitrag Nr.: 40.631.781 von volvocb am 02.12.10 14:32:45

Analyst Reports

25-Nov-2010
Libertas - Mining Sector Morning Summary


Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… - Mining Sector Morning Summary

[volvocb]

Antwort auf Beitrag Nr.: 40.632.554 von volvocb am 02.12.10 16:01:15

In the Press

25-Nov-2010
Woulfe ready to move quickly on tungsten mine


24-Nov-2010
Woulfe Secures Korea Zinc as Strategic Partner

Quelle: http://www.woulfemining.com/irm/content/news_inthepress.html

[volvocb]

Antwort auf Beitrag Nr.: 40.632.612 von volvocb am 02.12.10 16:04:50

China to Reduce Exports of Tungsten
Tue, Nov 30, 2010 Feature Articles
By Michael Montgomery—Exclusive to Tungsten Investing News

0diggs
digg Share The price of tungsten has risen 54 percent on the year to around $300/mtu. Most of the price surge is credited to Chinese consumption, which accounts for 37 percent of the world’s total tungsten demand. Just like with rare earth and molybdenum exports, Chinese officials are cutting back exports of tungsten. With cutbacks in the REEs and moly exports have had positive impacts on price, most notable in REEs.

The cutbacks in exports quotas for tungsten are far less severe than the 72 percent reduction in rare earths. Chinese officials have stated that they have “decided to cut tungsten export quota for 2011 by 300 tonnes to 15,700 tonnes compared with 16,000 tonnes for this year,” as reported on Steel Guru. This export reduction will place upward pressure on prices, especially when coupled with increasing demand in China and worldwide; however, the modest size of the reduction will prevent the exploding of prices, like that experience by other reduced Chinese export commodities, from occurring in the tungsten market.

The Chinese government is also considering strategic reserves of ten metals, tungsten included. The combination of a reduction of exports as well as a potential buildup of stockpiles may force China to become a net importer of tungsten, a major benefit to non-Chinese producers of the metal.

Tungsten Mining News

Woulfe Mining Corp. (CVE:WOF) announced the sale of shares as to Korea Zinc for funding of its ongoing tungsten/molybdenum project. “The Korean company signed an initial agreement to buy 33.3 million new shares, or a 13.46 percent stake, in Woulfe Mining for C$10 million ($9.8 million)… Korea Zinc will also purchase new shares in the three units for a total C$40 million,” according to Sungwoo Park, for Bloomberg.

The deal will raise capital for the development of Woulfe’s Sangdong mine which produced tungsten until the early 1990’s when low prices forced the mines closure. However, the rebounding price of tungsten has made the viability of the mine a reality. “The breakeven price calculated in the scoping study was $167/mtu, which gives the project some attractive economics at today’s prices,” stated Woulfe Mining CEO, Brian Wesson.

Australian-listed Minemakers Limited (ASX:MAK) has announced that it would list Tasmanian assets into a separate company named TNT Mine. The company hopes the IPO will raise A$10 million. “TNT would hold the tin and tungsten mines of Aberfoyle and Storey’s Creek, as well as the Lutwyche tin/tungsten deposit, the Anchor tin mine, the Royal George tin mine, and the Great Pyramid tin deposit, as well as various other exploration targets,” reported Esmarie Swanepoel, for Mining Weekly. Minemakers is hoping to list TNT Mine in the first quarter of 2011.

Quelle:
http://resourceinvestingnews.com/10211-china-to-reduce-expor…

[genial67]

das heisst? abbau schon 2012?

[volvocb]

Antwort auf Beitrag Nr.: 40.632.689 von genial67 am 02.12.10 16:11:10

mit Google übersetzt, scheint so!

"Target date to commissioning 2012"
"Zieldatum zur Inbetriebnahme 2012"

[derrmste]

Antwort auf Beitrag Nr.: 40.632.738 von volvocb am 02.12.10 16:15:16

Ist ja alles gut und schön, aber die Mine wurde ja nicht umsonst damals geschlossen,
wenn ich das richtig gelesen habe.
Meint ihr wirklich, dass auch wenn die Preise heut höher san als damals, dass sich
ein Abbau wirklich lohnt. Ich mein rentabl ist???

Servus derrmste

[volvocb]

Antwort auf Beitrag Nr.: 40.635.594 von derrmste am 02.12.10 20:32:39

Das wird sich spätestens ende April2011 sagen lassen, wenn die Bank Studie raus ist, aber die Preise sind im gegensatz zu früher sehr gestiegen und durch den Fortschritt in der Technik ist auch der Abbau kein Problem.
Rentabel laut der letzten Schätzungen auf jede fälle!

[volvocb]

Antwort auf Beitrag Nr.: 40.641.753 von volvocb am 03.12.10 15:50:56

WOF on Penny Stock Journal

Woulfe Mining Corp. is focused on the Sangdong tungsten-molybdenum mine in South Korea.

The mine was one of the world's largest for the two commodities between 1947 and 1992.
On November 24, 2010 the Co released news ...

"Woulfe Mining Corp. has entered into a heads of agreement with Korea Zinc Co. Ltd., one of the largest zinc/lead smelters in the world with a market capitalization of approximately $5-billion (U.S.), which is listed on the Korea Stock Exchange in the Republic of Korea (South Korea)."

Quelle: http://pennystockjournal.blogspot.com/search/label/Woulfe%20…

Keine Werbung

[wolf1071]

Antwort auf Beitrag Nr.: 40.635.594 von derrmste am 02.12.10 20:32:39

Als die Mine geschlossen wurde war der Preis bei etwa 40$/to.
Die Abbaukosten betrugen in etwa genau soviel.
Heute liegt der Preis bei 250-300$/to.
Abbaukosten etwa 45$.

[volvocb]

Antwort auf Beitrag Nr.: 40.642.770 von wolf1071 am 03.12.10 17:18:16

Tungsten – hard metal, hard market Thursday, 2 December 2010

TUNGSTEN prices are back to their pre-GFC level. Time to evaluate the sector. The Outcrop by Robin Bromby. Back in early 2007, Far East Capital (now part of BGF Equities) put out a detailed note on the tungsten players. The report noted that investors were then seeing the revival of the mining sector beyond the obvious bulk commodities, the base metals, and toward specialty metals used in steel production. The global financial crisis lay in the future, and it all looked rosy for companies in the search for antimony, cobalt, molybdenum, tungsten and vanadium (niobium was not on the radar then). Since then, of course, we’ve been through the GFC, which hit tungsten prices as it did most commodities. It also led to a big reshuffle in the ranks of the tungsten explorers. Of the companies featured in the Far East Capital report, Queensland Ores has reinvented itself as Planet Metals, Vital Metals has gone off on the west Africa gold hunt and Paradigm Metals –while still listing tungsten on its website – is clearly heavily focused on gold. That leaves the true believers of three years ago – Auzex Resources, King Island Scheelite and Thor Mining. Then there’s Hazelwood Resources with its Big Hill project in Western Australia. Add to that number Icon Resources with its Mt Carbine project in Queensland, where it now has a maiden JORC resource, and the Tasmanian players, Venture Minerals and Minemakers, the latter spinning its tin and tungsten off into the TNT Mines initial public offering, along with Heemskirk Consolidated operating in Spain. (If anyone has been left out, apologies.) Operating outside Australia, but listed here, is Wolf Minerals with its tin and tungsten mine in development near Plymouth in the United Kingdom. On Tuesday that company put out an update on tungsten, not a market that gets a great deal of attention and is not as transparent as the traded base and precious metals (although transparent might be stretching it even for them, given the frequent lurches as a result of speculator action). Wolf was quoting research from the UK group Roskill, which believes that global demand for tungsten will rise by 59% between 2010 and 2015. China, which now consumes 62% of all the tungsten produced, is expected to see annual growth in tungsten demand of about 7% a year. Chinese prices for ammonium para-tungstate (or APT), which averaged $US235 per metric tonne unit this year, are expected to reach $US330/mtu in 2011.
By 2015, Roskill believes, that price will be around $US500/mtu. It is significant that the world’s biggest producer of refined zinc, Seoul-based Korea Zinc, has gone public with a plan to diversify into minor metals (and specifying tungsten and molybdenum) as well as gold and silver. Korea Zinc is now taking a stake in Toronto-listed Woulfe Mining (no relation to the Australian near namesake) which owns the Sangdong tungsten-molybdenum mine in South Korea. This mine operated for 40 years and closed in the early 1990s because of low tungsten prices – and you can blame China for that because it flooded the market with APT at ridiculously low prices, the effect of which was to force the closure of tungsten mines around the world. Geologist Kevin Kartun, who is both Sydney-based and Woulfe’s vice-president, corporate development, did a tungsten presentation last month which showed that, due to the GFC, demand in 2009 outside China and Russia was at its lowest level in 17 years, but that there had been a strong recovery in the first half of 2010. His table of producer countries shows that, outside China and Russia, only Canada and Bolivia get into four figures in terms of tonnes produced. Australia’s name is absent from the list, although Hazelwood plans to supply 2-3% of global demand when its mine is operating. In 2009, China produced 76% of tungsten (followed by Russia at 5%). As well as being the biggest consumer, China nevertheless is also the world’s biggest exporter – that’s the difference between the 76% of world production and 62% of world consumption. Now we have news that China is planning to reduce its tungsten exports, although the cuts will be far less dramatic than those with rare earths, for example. (And you can understand why Korea Zinc is looking to become a player in the tungsten business.) But this move must have an impact on tungsten prices. On the other hand, there’s quite a list of potential supply over the next few years. Apart from the various Australian companies, along with Wolf and Woulfe, there are four advanced projects in Canada and ones in Spain, Peru and the US. A market to watch. Disclaimer: Neither Miningnews.net nor the writer implies any investment recommendation and these comments are of a speculative nature only.

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… prices are back to their pre-GFC level

[volvocb]

Antwort auf Beitrag Nr.: 40.646.613 von volvocb am 04.12.10 15:44:57

scheint lt. bullboard bei WOF im dez. noch eine roadshow zu geben (nick ist imo vom IR):

4 day tour....

somweyungguy1
12/2/2010 6:21:36 PM | | 212 reads | Post #28935238

I don't own it, but for those that do:

NY on the 7th , Halifax the 8th , Quebec City the 9th, and Toronto the 10th.

It could get back to .55 in a hurry.

Good luck,
Sqr

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…


NickSmithNSC0
12/3/2010 10:43:41 AM | | 169 reads | Post #28937997

Roadshow Update,
We are working with Renmark Financial Communications. I believe thisset of events will be very well attended as Renmark have connected us withexcellent brokers, institutional and retail investors, and analysts on past roadshows.

Cheers
Nick

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=WO…

Quelle:http://www.wallstreet-online.de/diskussion/1154579-631-640/r…

[volvocb]

Antwort auf Beitrag Nr.: 40.648.410 von volvocb am 05.12.10 13:15:32

Woulfe Mining Sangdong Project Update

Vancouver, British Columbia CANADA, December 06, 2010 /FSC/ - Woulfe Mining Corp. (WOF - TSX Venture), ("Woulfe" or the "Company") has commenced drilling at its Sangdong Tungsten-Molybdenum Project in South Korea. Drilling will consist of 38 holes totalling approximately 5,000m to complement the 91 holes drilled previously by Woulfe.

The drill program will provide valuable information about a large continuous block of ore left in place by the former operators of the mine. This block is 60m to 200m wide and extends 1.2 km across the entire ore body and down the eastern and western sides of the deposit for its entire length. It was not considered a potential source of ore as it protected the old hoist chambers, incline shafts and main haulage which were essential to the mining of the Main Ore Zone in the lower parts of the mine. Consequently there are few drill holes into the Main Ore Zone in this area compared with the lower levels which are intersected by over seven hundred holes. A 3D block model of the upper ore zones and previous mining areas has been constructed, and a first pass conceptual mining plan created. The drilling program is aimed at validating this model and it is anticipated that a firm mining plan for the first 5 years of operation can be put in place once the program is completed.

Woulfe has purchased three drill rigs for underground drilling, the first of which is now operating. Woulfe will also deploy a local drilling contractor to drill areas accessible from the surface.

The Sangdong property has been opened to a point 620 metres from the portal. Compressed air has been installed and the local power authority is moving ahead to provide a 500 kVA power supply with a capacity of 10MVA. This power supply will be used for larger electric hydraulic drill rigs which will be used to drill large core diameter holes in 2011 for geotechnical analysis and metallurgical test work. Information derived from this drilling program will be utilised to improve ore recovery rates as compared to prior historical extraction methods.

The Company continues to develop 3D models to analyze the mine layout for maximum efficiency. An example of this is the design of a new 6.5m by 6.5m access portal which will intersect ore within the first 20m of construction. This will reduce the cost of extraction and accelerate production.

Additionally, as previously announced the Company has acquired a brand new crushing plant at a significant discount. This plant will feature in a mill design which is currently being developed.

Finally APT production and floatation test work will be carried out in the first half of 2011 once larger ore samples are available for processing.

"We are committed to upgrading the Sangdong tungsten-molybdenum deposit from the inferred category to measured and indicated, building on the more than 800 historical holes," said Brian Wesson, President and CEO of Woulfe. "With APT prices over US$300 per mtu used as a basis for the Korean Zinc deal announced last week we are only restricted by the speed with which we can move the project forward."

Colin Lutherborrow MAusIMM a geologist with 30 years' experience in underground mines and the delineation of resources and reserves is a Qualified Person as defined by National Instrument standards has read and approved this release.


On Behalf of the Board of Directors
Woulfe Mining Corp.

"Brian Wesson"

Quelle: http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=16472

[volvocb]

Antwort auf Beitrag Nr.: 40.708.763 von volvocb am 14.12.10 17:17:25

Woulfe sees output by 2012 at Korea tungsten mine

By: Liezel Hill
10th December 2010
TEXT SIZE TORONTO (miningweekly.com) – TSX Venture Exchange-listed Woulfe Mining will start production at its Sangdong tungsten mine in South Korea during 2012, CEO Brian Wesson said in Toronto on Friday.

The company announced last month it would sell 51% of the project to Korea Zinc, in return for C$38-million and around C$75-million of project funding. Korea Zinc will also take a 13,4% stake in Woulfe itself.

The agreement still needs shareholder approval, but Wesson said he has received indications from a majority of the firm's big investors that they intend to back the deal. A vote is scheduled for January 21.

Woulfe plans to start operations at Sangdong, a big producer of tungsten until it closed in the early 1990s, at 1,2-million tons a year, to produce 400 000 mtu/y of ammonium paratungstate (APT) and 500 000 lb/y of molybdenum.

But the company is designing the plant with a capacity of 2,4-million tons, which would give it the option to increase output in the future, Wesson said. The company wants to get into production as soon a possible to start generating cash and take advantage of a strong tungsten market.

Tungsten prices have surged over the last year, from some $120/mtu in December 2009 to about $320/mtu this month.

Most production of the metal, used to strengthen steel and prevent corrosion, comes from China, which is curbing exports to ensure domestic supply.

"Korea could take all the tungsten that we could produce but, strategically, Japan is also knocking on our door," Wesson said.

Although the firm is giving up a majority interest in the Sangdong project, the benefit to shareholders is that Woulfe will be carried through to production and still own 49% of the asset, while maintaining a “clean” balance sheet, he said.

It has also managed to finance the project without committing to offtake agreements to secure the funds, which leaves Woulfe and Korea Zinc free to negotiate optimal terms for all the production from Sangdong, he said.

The breakeven price for the Sangdong mine was calculated at around $167/mtu in a scoping study earlier this year.

KORES INTEREST

Although Korean Zinc was able to move more quickly on a transaction, Woulfe also had talks with government-owned Korean Resources (Kores), which remains interested in putting money in the Sangdong asset, Wesson said.

"They have told us that they want to invest, how that will happen I don't know."

Korea Zinc is the world's biggest producer of refined zinc. It has a $5-billion market capitalisation and has forecast sales revenue of $3,2-billion this year.

Shares in Woulfe Mining were down 1,52% on Friday afternoon, at 32,5 Canadian cents each.

Edited by: Liezel Hill

Quelle: http://miningweekly.com/article/woulfe-sees-output-by-2012-a…

[volvocb]

Antwort auf Beitrag Nr.: 40.708.791 von volvocb am 14.12.10 17:19:38

Woulfe grants options to buy 3.5 million shares

2010-12-13 14:36 ET - Options Proposed


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Brian Wesson reports

WOULFE MINING GRANTS STOCK OPTIONS

Woulfe Mining Corp., subject to TSX Venture Exchange approval, has granted 3.5 million stock options to its directors, officers, employees and/or consultants of the company. The options are set for a period of five years and will allow the holder to purchase one share in the company at a price of 32.5 cents.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1791092

[volvocb]

Antwort auf Beitrag Nr.: 40.708.812 von volvocb am 14.12.10 17:21:33

(AMM) Korea Zinc to take 51% stake in Woulfe tungsten-moly project in S. Korea
NEW YORK 09 December 2010 16:23

Canadian junior mining company Woulfe Mining Corp. has signed a deal with Korea Zinc Co. Ltd. for a controlling stake in Woulfe's Sangdong tungsten-molybdenum project in South Korea, Woulfe's top executive told shareholders in New York.
Under the terms of the deal, Vancouver, British Columbia-based Woulfe will manage the project until it goes online, while Korea Zinc will own 51 percent of the company and run the mine after production ramps up.
Korea Zinc will also market all of the mine's material.
"We have signed a heads of agreement (HOA6) deal and are just working out the final details," Brian Wesson, Woulfe's president and chief executive officer, said.
The mine will have an estimated annual output of 4,000 tonnes of tungsten, as well as 227 tonnes of molybdenum, from ore production of 1.2 million tonnes. The cost of production for one metric ton unit (mtu), or about 10 kilograms, of tungsten will be around $167, he said.
Before the Korea Zinc deal, Woulfe was in the process of brokering an offtake agreement for all of the tungsten from the mine with Israeli toolmaker IscarR Cutting Tools, Wesson said.
"We were almost on the plane to Israel," he said.
Woulfe aims to start production 14 months from completion of the project's financing.
Korea Zinc has committed to buying Canadian $10 million ($9.89 million) of Woulfe's shares at C30 cents (29.7 cents) per share, giving the Seoul, South Korea-based company a 13.46-percent stake.
If the deal is approved by Woulfe's shareholders at the company's Jan. 21 annual general meeting, the Korean company will inject another C$38 million ($37.6 million) into the Sangdong holding company that owns the mine, with a further C$78 million ($77.1 million) to follow when a feasibility study is completed in 2011.
After the financing is in place, Korea Zinc will own 51 percent of the holding company.
More than 50 percent of the company's shareholders have already expressed their agreement on the Korea Zinc deal, Wesson said.
The mine, which is situated in South Korea's northeastern Kangwon-Do region, was run by Korea Tungsten Co. from 1947 to 1992 and was once the largest tungsten mine in the world, Wesson said. It closed in 1992 due to low metals prices, although tags increased recently after China placed tungsten on its list of strategic metals and curbed imports by 300 tonnes annually.
The European price for ammonium paratungstate (APT) spiked to more than $330 per mtu Wednesday from $250 per mtu in September.
Tungsten is a good indicator for world production, as it is used in making machine tools, Wesson said.
"Tungsten runs ahead of the market, while moly runs behind," he said, noting that China controls about 80 percent of the global tungsten market.
Copyright © Metal Bulletin Ltd. All rights reserved.

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… Zinc to take 51% stake in Woulfe tungsten-moly project

[volvocb]

Antwort auf Beitrag Nr.: 40.708.915 von volvocb am 14.12.10 17:35:38

VANCOUVER, BRITISH COLUMBIA - (MARKET WIRE) - 12/16/10 - Am 18. Dezember und 19. Dezember 2010 - im nationalen Fernsehen, BTV-Business Television Profile:

View ganze Episode - http://b-tv.com/the-btv-show/episodes.html und Features über Links:

Rio Novo Gold (TSX: RN) http://www.b-tv.com/i/videos/RioNovoGoldDec10.wmv - Die BTV Mannschaften reiste nach Brasilien, um Gold Merkmal dieses neuen Gold der Firma konzentrierte sich auf die Akquisition, Exploration und Entwicklung Mineralressource in Südamerika. Ihre erfahrenen Management-Team früher aus Rio Tinto und Yamana Gold machen diese Geschichte eine zu sehen!

Automatisch übersetzt!
Woulfe Mining (TSX VENTURE: WOF) http://www.b-tv.com/i/videos/WoulfeMiningDec10.wmv - Die BTV Mannschaften reiste nach Südkorea zur Fertigung Ansicht Woulfe fortschrittliche Sangdong Wolfram asiatischen Mine liegt in der Mitte des Gebiet. Das Projekt wurde der weltweit größten Wolfram-Mine für 40 Jahre und Woulfe hat Pläne zur Fast-Track seine Wiedereröffnung.

Quelle: http://www.wallstreet-online.de/diskussion/1090248-71491-715…

[volvocb]

Antwort auf Beitrag Nr.: 40.724.210 von volvocb am 16.12.10 19:59:19

Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review - new

companiesandmarkets.com
2010-12-23 15:40:24 - Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review - a new company profile report on companiesandmarkets.com

Woulfe Mining Corp. (Woulfe) is a mineral exploration and development company. The company was formerly known as Oriental Minerals Inc. It principally engages in the acquisition and exploration of mineral property interests. The company has its major mineral properties located in South Korea. The current projects of the company include Sangdong tungsten-molybdenum project, Sangdong molybdenum stockwork project, Ogchon uranium project,


the Muguk gold mine and Yeonwha base metals and uranium/vanadium.

Woulfe Mining Corp. Key Recent Developments . .

Sep 30, 2010: Woulfe Mining Announces Board Changes
Feb 25, 2010: Oriental Minerals Becomes Woulfe Mining
Feb 11, 2010: Oriental Minerals Appoints Mark Gelmon As CFO
Jan 02, 2009: Oriental Minerals Appoints Bob Tyson, John Icke, Adrian Rollke And Garry Stock As Board Members

This comprehensive SWOT profile of Woulfe Mining Corp. provides you an in-depth strategic analysis of the company´s businesses and operations. The profile has been compiled to bring to you a clear and an unbiased view of the company´s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including,

- Business description – A detailed description of the company´s operations and business divisions.
- Corporate strategy – Analyst´s summarization of the company´s business strategy.
- SWOT Analysis – A detailed analysis of the company´s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
- Key competitors – A list of key competitors to the company.
- Key employees – A list of the key executives of the company.
- Executive biographies – A brief summary of the executives´ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Note*: Some sections may be missing if data is unavailable for the company.

Key benefits of buying this profile include,

You get detailed information about the company and its operations to identify potential customers and suppliers.
-The profile analyzes the company´s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors´ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
- The company´s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
- Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.

Scout for potential investments and acquisition targets, with detailed insight into the companies´ strategic, financial and operational performance.
- Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Gain key insights into the company for academic or business research.
- Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Click for report details: www.companiesandmarkets.com/Company-Profile/woulfe-mining-corp.-(wof)-financial-and-strategic-swot-analysis-review-463424.asp?prk=f663dc44f7272691c1aa901c84ac2da0

Browse all General Market Research Reports
www.companiesandmarkets.com/view-report-p64.aspx?prk=f663dc44f72 ..

Browse all General Company Profile Reports
www.companiesandmarkets.com/travel-market-research-reports-p91.a ..

Browse all Latest Market Research Reports
www.companiesandmarkets.com/market-research-reports-industry-sta ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 500,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest. Companiesandmarkets.com is focused on providing clients with exemplary customer service and a flexible approach to accessing business information. Our team have extensive expertise in the market research industry and are keen to provide clients advice on their research requirements and possible alternative sources of information; a model which provides clients a value for money solution to research.




Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: [phone]


Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.


Terms & Conditions | Privacy | About us | Contact PR-inside.com

Quelle:http://www.pr-inside.com/woulfe-mining-corp-wof-financial-r2…

[volvocb]

Antwort auf Beitrag Nr.: 40.762.194 von volvocb am 26.12.10 12:50:12

Frohe Weihnachten und schöne Feiertage!
Alles gute.

[volvocb]

Antwort auf Beitrag Nr.: 40.762.195 von volvocb am 26.12.10 12:51:33

Ich wünsche euch allen einen guten Rutsch ins Jahr 2011.


Das Jahr 2011 wird ein WOF Jahr.
Ab ende Januar gehts nur noch aufwärts.

Mfg

[hotpenny]

von 0,10 auf 0,35, zurück auf 0,20-- jetzt stabilisiert sich die aktie um die 0,20. nächster ausbruch steht bevor. die umsätze am letzten börsentag sprechen bände. diesmal von 0,22 auf 0,60€?
Unglaublich geringe MK bei gleichzeitig extrem viel Rohstoffen in der erde. mehrere milliarden liegen in der erde. glasklarer kauf.

[hotpenny]

paramount gold dümpelte auch lange so herum. und jetzt hat sie 1000% in wenigen monaten gemacht. so schnell kann es gehen. für mich gehört die aktie zu den gewinnern 2011.

[GR11]

Antwort auf Beitrag Nr.: 40.789.319 von hotpenny am 03.01.11 14:01:20

Ende 2011 werden wir sehen, ob Woulfe ein Gewinner für uns war?

Also, Daumen drücken!

[volvocb]

Antwort auf Beitrag Nr.: 40.789.499 von GR11 am 03.01.11 14:28:07

WOULFE MINING CORP.
FINANCIAL STATEMENTS REQUEST FORM Registered holders and beneficial owners of a company’s securities may elect annually to receive a copy of a
company’s annual and interim financial statements and the corresponding management discussion and analysis
(“MD&A”) to those statements.
If you wish to receive printed copies of the annual and quarterly interim financial statements and corresponding
MD&A to those statements for Woulfe Mining Corp. (the “Company”), please complete this form and return it to:
Computershare Trust Company
3rd Floor, 510 Burrard Street
Vancouver, BC, V6C 3B9
Please send me ONLY the audited financial statements and the annual MD&A.
Please send me ONLY the quarterly interim financial statements and corresponding interim MD&A to
those statements.
Please send me BOTH the audited financial statements and quarterly interim financial statements and the
corresponding MD&A to those statements.
You will not receive copies of any financial statements from the Company for the ensuing year if you do not
complete and return this form.
Copies of the Company’s previously issued and current annual and quarterly financial statements and related
MD&A are available to shareholders and to the public on the SEDAR website at www.sedar.com.
I confirm that I am a shareholder of the Company.
DATED: , 20____.
Signature
Name of Registered/Non-Registered Shareholder - Please Print
Address
Postal Code
Fax Number
Name and title of person signing if different from name above.

Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[volvocb]

Antwort auf Beitrag Nr.: 40.791.647 von volvocb am 03.01.11 19:15:56

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the 2011 annual general and special meeting (the “Meeting”) of
members of Woulfe Mining Corp. (the "Company") will be held at Armstrong Simpson, 777 Hornby
Street, Suite 2080, Vancouver, BC, on January 21, 2011 at 1:00 p.m., local time, for the following
purposes:
(a) To receive and consider the report of the directors, the audited financial statements of the
Company for the period ended June 30, 2010, and the report of the auditor thereon;
(b) To appoint an auditor for the ensuing year at a remuneration to be fixed by the directors;
(c) To fix the number of persons to be elected to the Board of Directors at six (6);
(d) To elect directors for the ensuing year;
(e) to approve, by an ordinary resolution, the Company’s 10% Rolling Stock Option Plan more
particularly described in the accompanying Information Circular;
(f) To consider and, if deemed advisable, to approve by ordinary resolution the Shareholders Rights
Plan more particularly described in the accompanying Information Circular;
(g) To approve a special resolution concerning the investment of Korea Zinc Co. Ltd. into the
Company’s wholly owned Korean subsidiaries, as more particularly set forth in the
accompanying Information Circular; and
(h) To transact such other business as may be properly transacted at the Meeting or at any
adjournment thereof.
Accompanying this Notice of Meeting are: (1) the Information Circular; (2) a form of proxy, which
includes a reply card for use by shareholders who wish to receive the Company's interim and/or annual
financial statements.
Shareholders who are unable to attend the Meeting in person and who wish to ensure that their
shares will be voted at the Meeting, must complete, date and execute the enclosed form of proxy, or
another suitable form of proxy, and deliver it in accordance with the instructions set out in the
form of proxy and in the Information Circular.
Unregistered shareholders who plan to attend the Meeting must follow the instructions set out in
the form of proxy and in the Information Circular to ensure that their shares will be voted at the
Meeting. If you hold your shares in a brokerage account you are not a registered shareholder.
DATED at the City of Vancouver, in the Province of British Columbia, as of the 17th day of December,
2010.
By Order Of The Board Of Directors
/s/ “Brian Wesson”
Brian Wesson,
President & CEO

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 40.791.655 von volvocb am 03.01.11 19:17:24

INFORMATION CIRCULARas at December 17, 2010
This Information Circular is furnished in connection with the solicitation of proxies by the management of Woulfe
Mining Corp. (the “Company”) for use at the annual and special meeting (the “Meeting”) of its shareholders to be held on
January 21, 2011 at the time and place and for the purposes set forth in the accompanying notice of the Meeting.
In this Information Circular, references to the “Company”, “we” and “our” refer to Woulfe Mining Corp. “Common Shares”
means common shares without par value in the capital of the Company. “Beneficial Shareholders” means shareholders who do
not hold Common Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar
entities that own securities on behalf of Beneficial Shareholders.

GENERAL PROXY INFORMATION
.......
Es folgen noch 40 Seiten!

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 40.791.666 von volvocb am 03.01.11 19:19:06

Form of Proxy - Annual General and Special Meeting to be held on January 21, 2011
This Form of Proxy is solicited by and on behalf of Management.

.......
Sind 2 Seiten.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

[Hans60]

Hallo Freunde ,

bin jetzt auch bei WOULFE MINING dabei .In meinem Aktientagebuch in T.44 wer möchte kann ja mal rein schauen .

Aktientagebuch mit Wettbüro
http://db.tt/D8pev7X
Mit diesem Programm zu öffnen :
http://de.openoffice.org/

MfG. Hans

[rotie1]

Antwort auf Beitrag Nr.: 40.792.647 von Hans60 am 03.01.11 22:11:09

Hallo Hans,
war interessiert, kann aber die Tabellen nicht öffnen.
... nur zum Lesen geöffnet ...??

[Hans60]

Hallo rotie1 ,
kann nicht sein ,hast du http://de.openoffice.org/auf deinen Rechner installirt ?

[Hans60]

Habe es noch mal probiert ,geht einwandfrei ,der Fehler liegt bei dir.
MfG. Hans

[rotie1]

Antwort auf Beitrag Nr.: 40.792.905 von Hans60 am 03.01.11 23:32:16

Ja, kann sein.
Vielen Dank, ich werd mal was probieren ...

[Hans60]

T.44 sieht dann so aus, ein Teil davon

[volvocb]

Antwort auf Beitrag Nr.: 40.792.937 von Hans60 am 03.01.11 23:45:07

Woulfe Mining Announces Close of $10 Million Equity Financing With Korea Zinc

Woulfe Mining Corp WOF 1/5/2011 9:00:01 AMVANCOUVER, BRITISH COLUMBIA, Jan 5, 2011 (Marketwire via COMTEX News Network) --
Woulfe Mining Corp. (TSX VENTURE:WOF) ("Woulfe" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") raising $10,000,000. This financing will be 100% subscribed by Korea Zinc Co. Ltd. ("Korea Zinc") as announced by the Company on November 23, 2010. The funds from this financing will be used to identify and progress new projects and as general working capital.

The financing will consist of 33,333,334 units (the "Units") at a price of $0.30 per Unit. Each Unit will consist of one common share of the Company.

In conjunction with this financing, Korea Zinc will invest $38,000,000 directly into the Woulfe subsidiary Sangdong Mining Co. Ltd. ("SMCL"). As a result of this investment, Korea Zinc will own 51% of SMCL with Woulfe retaining ownership of the remaining 49%. These funds will be used to progress the Sangdong Project through the Feasibility Study, due in 2011. Upon completion of a positive Feasibility Study, Korea Zinc will provide debt financing for all subsequent development of the Sangdong project without further dilution to SMCL.

Additionally, Korea Zinc will invest $1,800,000 into the Woulfe subsidiary Muguk Gold Mining Co. Ltd. (MGMCL). As a result of this investment, Korea Zinc will own 51% of MGMCL. Korea Zinc will also invest $200,000 into the Woulfe subsidiary Chongyang Mining Co. Ltd. (CMCL) resulting in Korea Zinc owning 51% of CMCL.

"Korea Zinc investing $50 million into Woulfe and our subsidiaries is a very significant milestone for our team and our shareholders," stated Brian Wesson, President and CEO of Woulfe. "The direct investment into Sangdong will allow that project to progress without further dilution either to the subsidiary or Woulfe directly. The investment into Woulfe will allow us to develop other assets in our portfolio with Korea Zinc as a potential partner for anything we may identify with economic potential."

About Woulfe Mining Corp.

Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea.

The Company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold producing mine, as well as a number of other properties with significant known mineralization and excellent regional potential.

Woulfe has high expectations for near-term, low-cost production. The Company has assembled a highly skilled, in country, bilingual Technical Team and a Board of Directors with an outstanding track record of success.

On Behalf of the Board of Directors Woulfe Mining Corp.

Brian Wesson, President, CEO and Director

Quelle: http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…

[volvocb]

Antwort auf Beitrag Nr.: 40.805.179 von volvocb am 05.01.11 17:12:10

06.01.2011 16:10
Woulfe Mining Completes $10 Million Equity Financing with Korea Zinc

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/06/11 -- Woulfe Mining Corp. (TSX VENTURE: WOF) ("Woulfe" or the "Company") announced today that it has closed a non-brokered private placement (the "Private Placement") of CDN$10,000,000. The financing was 100% subscribed by Korea Zinc Co. Ltd. ("Korea Zinc") and certain of its nominees as previously announced by the Company on November 23, 2010.

The financing required issuing 33,333,333 common shares (the "Shares") at a price of $0.30 per share. Proceeds of the private placement will be used to continue the definitive drilling of the Sangdong tungsten-molybdenum project, secure mine and process equipment, and fast track design, feasibility and construction plans. Woulfe will continue to finance the project up to the second placement of CDN$38 million by Korea Zinc into Woulfe's Korean subsidiary, Sangdong Mining Corporation. Korea Zinc have further agreed to arrange debt funding of up to CDN$75 million to complete the project. Korea Zinc's investments into the Company's subsidiaries remain subject to the finalisation of due diligence by Korea Zinc which will be followed by regulatory and shareholder approval, which will be sought at the Company's annual and special general meeting to be held on January 21, 2011.

The proposed subsequent transaction will give Korea Zinc a 51% stake holding in Woulfe's Korean subsidiaries Sangdong Mining Corporation (investing a further CDN$38 million) and Muguk Gold Corporation (investing a further CDN$1.8 million). Woulfe and Korea Zinc will align their efforts in the management of Sangdong all the way through to production and positive cash flow from operations. The benefits to Woulfe shareholders from this transaction go far beyond the financing as Korea Zinc is a world leader in metals refining. These benefits include utilisation of a strong technical and operational team in Korea to assist taking the Sangdong tungsten-molybdenum project into production as quickly as possible.

"Korea Zinc's investment of an initial CDN$10 million into Woulfe and the projected investment of CDN$40 million into our subsidiaries is a significant milestone for the management team and our shareholders," stated Brian Wesson, President and CEO of Woulfe. "The direct investment into the Sangdong tungsten-molybdenum project means this project will progress as it is fully funded and there is no further dilution to Woulfe shareholders for the Sangdong project. The investment also puts the Company in a position to consider other project opportunities that will add value for our shareholders."

Korea Zinc will assume management control of Sangdong Mining Corporation on commissioning the mine. This is scheduled for 2012.

This transaction allows Woulfe to move quickly towards production gaining maximum benefit from the high APT price which is currently between US$330 and US$340 per mtu. That price represents an increase of 60% over the last six months and 34% on the scoping study completed by Wardrop, a Tetra Tech Company, in March 2010 on the Sangdong tungsten-molybdenum project which produced an NPV of US$462 million at an APT price of US$250 per mtu (1 mtu equals 10 kg).

The scoping study was to an accuracy of approximately 30% and confirmed the project's robust economics at the lower tungsten price. With tungsten prices far stronger and financing secured through our new partner Korea Zinc we are now moving quickly to develop the Sangdong tungsten-molybdenum project.

This financing increase Woulfe's cash balance to approximately CDN$12.4 million. In addition, the Company could realise approximately a further CDN$7 million in warrants and options that are currently "in the money".

The Korea Zinc transaction provides a "free carry" for Woulfe shareholders through to production and cash flow of the Sangdong tungsten-molybdenum project.

The Shares of this Private Placement will be subject to a hold period expiring on April 23, 2011.

Finder's fees of CDN$600,000 and 2,000,000 warrants ("Warrants"), representing 6% of the proceeds and Shares placed respectively, were paid in aggregate to Trident Investment Enterprise Ltd. and Notre-Dame Capital Inc. in connection with the Private Placement. Each Warrant entitles the holder to acquire one common share of the Company at a price of CDN$0.30 per share for a period of two years expiring on December 23, 2012.

Pursuant to the terms of the subscription agreement entered into by the Company, Korea Zinc will be entitled to nominate one person for appointment to the Company's board of directors for so long as it holds 5% of the issued and outstanding shares of the Company. Additionally, Korea Zinc, and its nominees in the Private Placement, will be entitled to maintain their pro rata interest in the Company, in the event the Company proposes to complete further equity financings, for so long as Korea Zinc, together with its nominees, continues to hold at least 5% of the issued and outstanding shares of the Company.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson, President, CEO and Director


Quelle: http://www.finanznachrichten.de/nachrichten-2011-01/19006561…

[volvocb]

Antwort auf Beitrag Nr.: 40.815.018 von volvocb am 06.01.11 21:20:16

Woulfe Mining Corp. Stock (CVE:WOF), (PINK:WFEMF)
Jumps On a Strategic Financing Completion

Contributed by: Nikolay Tomov
Date: Jan 6, 2011
After seeming to have been asleep at the $0.280 level, the shares of Woulfe Mining Corp. (CVE:WOF, WOF message board), (PINK:WFEMF) suddenly woke up, and they made this in proper style. Yesterday, on the TSX Venture Exchange (CVE) not only did the price climb by 23%, but the trading volume was more than impressive too.

The 6.5M turnover exceeded almost five times the average for the company, and made WOF one of the most demanded items on the CVE market.

This jump was not unexpected. The high volumes during the previous three sessions were forecasting such a development. But the trigger must have been yesterday's press release of Woulfe Mining Corporation that informed about the closing of a non-brokered private placement for $10M, secured by the company's strategic partner Korea Zinc Co., Ltd. The raised cash will be used to continue the definitive drilling of the Sangdong molybdenum project, to secure mine and process equipment, as well as the feasibility and construction plans.

And there are more subsequent investments to come. Korea Zinc will acquire a 51% stake in two Woulfe's Korean subsidiaries: Sangdong Mining Corporation by investing further $38M; and Muguk Gold Corporation by investing $1.8M more. Korea Zinc has also agreed to arrange debt funding of up to $75M to fully complete the Sangdong project.

The company's prsident has all the right to feel happy. "The projected investment of $40M into our subsidiaries is a significant milestone for the management team and our shareholders", he reckons.

These funds come just in time for Woulfe, which reported a net loss of 0.83M for the third quarter of 2010. With the priceless help of its partner Korea Zinc and the anticipated substantial financing, the company should have little problems to run successfully its properties. This means that the share price might go further up, but who can be absolutely sure about that.

Quelle:http://ca.hotstocked.com/article/3583/woulfe-mining-corp-sto…

[Heinzmann]

Was habe ich heute gesagt?
Wartet den Abend ab. Fast der komplette Gewinn wird wieder verkauft unter hohem Volumen.
Dieser Mist kann nicht dauerhaft steigen. Im Gegensatz zu anderen Explorern werden Anstiege immer wieder verkauft.

[payroll]

ich würde eher sagen, wir warten noch die kommenden tage ab. letztendlich bleibt ein + von 9,24% .... ergo: es bleiben 0,022 cent. schaun wa mal.

[volvocb]

VANCOUVER, BRITISH COLUMBIA--(Marketwire - January 7, 2011) - Woulfe Mining Corp. (TSX VENTURE: WOF) ("Woulfe" oder das "Unternehmen") gab heute bekannt, dass es eine nicht von Brokern arrangierte Privatplatzierung (die "Privatplatzierung") mit einem Volumen von 10.000.000 kanadischen Dollar (CAD) abgeschlossen hat. Wie bereits am 23. November 2010 vom Unternehmen mitgeteilt worden war, wurde diese Beteiligungsfinanzierung zu 100% von Korea Zinc Co. Ltd. ("Korea Zinc") und seinen Vertretern gezeichnet.

Die Beteiligungsfinanzierung erfolgte durch die Emission von 33.333.333 Stammaktien (die "Aktien") zu einem Preis von 0,30 CAD pro Aktie. Der Erlös aus dieser Privatplatzierung wird zur Fortsetzung der abschließenden Bohrungen im Sangdong-Wolfram-Molybdän-Projekt, für die Anschaffung von Bergbaugerät und Verarbeitungstechnik sowie für die schnelle Erstellung von Entwicklungs- und Machbarkeitsstudien und Bauplänen eingesetzt. Woulfe wird das Projekt bis zur Durchführung der zweiten Platzierung finanzieren, in deren Rahmen Korea Zinc 38 Millionen CAD in die Sangdong Mining Corporation, eine koreanische Tochtergesellschaft von Woulfe, investieren wird. Korea Zinc hat ferner zugesagt, zur Durchführung des Projekts eine Fremdfinanzierung von bis zu 75 Millionen CAD abzuwickeln. Die Investitionen von Korea Zinc in die Tochtergesellschaften des Unternehmens stehen jedoch unter dem Vorbehalt des Abschlusses des Due Diligence-Verfahrens durch Korea Zinc und der Genehmigung durch die zuständigen Aufsichtsbehörden. Zudem ist noch die Zustimmung der Aktionäre erforderlich, die auf der außerordentlichen Jahresversammlung des Unternehmens am 21. Januar 2011 erfolgen soll.

Durch die geplante darauffolgende Transaktion erhält Korea Zinc 51% der Firmenanteile der Woulfe-Tochtergesellschaften Sangdong Mining Corporation (mit einer Investition von weiteren 38 Millionen CAD) und Muguk Gold Corporation (mit einer Investition von weiteren 1,8 Millionen CAD). Woulfe und Korea Zinc werden sich in abgestimmter Form in der Firmenleitung von Sangdong engagieren, um den Übergang zur Produktion und die wirtschaftliche Rentabilität des operativen Betriebs sicherzustellen. Die Vorteile, die diese Transaktion für die Woulfe-Aktionäre bietet, reichen weit über diese Beteiligungsfinanzierung hinaus, da Korea Zinc ein international führendes Unternehmen im Bereich der Metallraffination ist. Zu diesen Vorteilen zählt auch die Nutzung eines kompetenten technischen und operativen Teams in Korea, das das Unternehmen dabei unterstützen wird, das Sangdong-Wolfram/Molybdän-Projekt möglichst schnell in die Produktionsphase zu überführen.

"Die anfängliche Investition von Korea Zinc in Woulfe in Höhe von 10 Millionen CAD und die geplante Investition von 40 Millionen CAD in unsere Tochterunternehmen bilden einen bedeutenden Meilenstein für das Managementteam und unsere Aktionäre", erklärte Brian Wesson, Präsident und CEO von Woulfe. "Die Direktinvestition in das Sangdong-Wolfram/Molybdän-Projekt bedeutet, dass dieses Projekt weiterentwickelt werden kann, da es vollständig finanziert ist, und die Woulfe-Aktionäre keine weitere Verwässerung des Aktienkapitals für das Sangdong-Projekt befürchten müssen. Dank dieser Investition befindet sich das Unternehmen zudem in einer Position, in der es weitere mögliche Projekte in Betracht ziehen und damit den Aktionären zusätzlichen Wert bieten kann."

Korea Zinc wird bei Inbetriebnahme der Mine die Unternehmenskontrolle bei der Sangdong Mining Corporation übernehmen. Dieser Vorgang ist für 2012 geplant.

Diese Transaktion ermöglicht es Woulfe, schnell in die Produktionsphase überzugehen und maximalen Nutzen aus dem hohen APT-Preis zu ziehen, der sich derzeit zwischen 330 und 340 USD pro MTU bewegt. Dieser Preis liegt 60% über dem Wert von vor sechs Monaten und 34% über dem der Wirtschaftlichkeitsstudie von Wardrop (einem Tetra Tech-Unternehmen), die im März 2010 zum Sangdong-Wolfram/Molybdän-Projekt erstellt wurde. Die Studie berechnete für dieses Projekt einen Kapitalwert (NPV) von 462 Millionen USD bei einem APT-Preis von 250 USD pro MTU (1 MTU = 10 kg).

Die Wirtschaftlichkeitsstudie ("Scoping Study") hatte eine Genauigkeit von ungefähr 30% und bestätigte, dass das Projekt selbst bei dem niedrigeren Wolfram-Preis wirtschaftlich robust ist. Dank der deutlich höheren Wolfram-Preise und einer sicheren Finanzierung durch den neuen Partner Korea Zinc, kann das Unternehmen nun schneller zur Entwicklung des Sangdong-Wolfram/Molybdän-Projekts übergehen.

Mit dieser Finanzierung erhöht sich das Barguthaben von Woulfe auf ungefähr 12,4 Millionen CAD. Zudem könnte das Unternehmen mithilfe der Optionsscheine und Optionen, die derzeit "im Geld" sind, einen Erlös von weiteren 7 Millionen CAD erzielen.

Durch die Transaktion mit Korea Zinc erhalten die Woulfe-Aktionäre eine "Gratisfahrt" zur Überführung des Sangdong-Wolfram/Molybdän-Projekts in die Produktionsphase und Kapitalgewinnung.

Die im Rahmen dieser Privatplatzierung ausgegebenen Aktien unterliegen einer Haltefrist bis zum 23. April 2011.

Die für diese Privatplatzierung anfallenden Vermittlungsprovisionen in Höhe von 600.000 CAD und 2.000.000 Optionsscheinen ("Optionsscheine"), die jeweils 6% des Erlöses und der platzierten Aktien entsprechen, wurden zusammen an Trident Investment Enterprise Ltd. und Notre-Dame Capital Inc. bezahlt. Jeder Optionsschein berechtigt den Inhaber, in den kommenden zwei Jahren (bis 23. Dezember 2012) eine Stammaktie des Unternehmens zu einem Preis von 0,30 CAD pro Aktie zu erwerben.

Gemäß den Bestimmungen der vom Unternehmen geschlossenen Zeichnungsvereinbarung erhält Korea Zinc das Vorschlagsrecht zur Berufung eines Vorstandsmitglieds des Unternehmens, solange Korea Zinc 5% der ausgegebenen Aktien des Unternehmens hält. Zudem sind Korea Zinc und seine Vertreter in dieser Privatplatzierung berechtigt, ihre anteilsmäßige Beteiligung am Unternehmen für den Fall, dass das Unternehmen die Durchführung weiterer Beteiligungsfinanzierungen beschließen sollte, solange aufrechtzuerhalten, wie Korea Zinc und seine Vertreter mindestens 5% der ausgegebenen Aktien des Unternehmens halten.


In Vertretung des Vorstands:

Woulfe Mining Corp.

Brian Wesson, Präsident,
CEO und Geschäftsführer

In Deutsch bei Quelle: http://www.minenportal.de/artikel.php?sid=12988#Woulfe-Minin…

[volvocb]

Antwort auf Beitrag Nr.: 40.828.357 von volvocb am 09.01.11 15:44:33

Climb bay, climb!!!

juncles3
1/8/2011 1:51:40 PM | | 124 reads | Post #29086344

Tungsten APT prices rose to around $340/mtu this week. Remember the initial study by Wardrop concluded a $462M NPV with a price assumption of $250/mtu, and a breakeven of $167/mtu. With an extra $90 of pure profit (over the initial assumption) per mtu pulled out of the ground, the NPV of this sucker should be double in my opinion. Couple this with lower than originally expected up-front/input costs (see PR's on procurement of significantly discounted equipment), and (by the nature of the disounting effect of NPV calculations - initial outflows represent a significant impact on the end #) the actual value of the Sangdong project today is HUGE. Also, we are carried through to production in terms of remaining costs. I am shocked to see the SP at current levels, but embrace this considerable buying opportunity.

Sure would be nice to lock up some supply contracts shortly.

All in my own opinion of course. Do your own DD.

Have a great weekend everyone.

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 40.828.363 von volvocb am 09.01.11 15:45:45

EARLY WARNING REPORT FILED PURSUANT TO PART 3 OF
NATIONAL INSTRUMENT 62-103

Korea Zinc Company, Ltd. (“KZ”)

Es sind 3 Seiten.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000jeaSsod4LKL2uFR…

[Kabum]

Antwort auf Beitrag Nr.: 40.828.406 von volvocb am 09.01.11 16:01:29

kann es nicht öffnen was steht da drinnen

[volvocb]

Antwort auf Beitrag Nr.: 40.828.613 von Kabum am 09.01.11 17:07:15

Jan 6 2011 Early warning report PDF 13 K

Quelle: http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…

[volvocb]

Antwort auf Beitrag Nr.: 40.833.717 von volvocb am 10.01.11 16:59:58

Woulfe 33,333,333-share private placement

2011-01-10 22:32 ET - Private Placement


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Woulfe Mining Corp. announced Nov. 23, 2010:


Number of shares: 33,333,333 shares



Purchase price: 30 cents per share

Quelle:
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1798744…

[volvocb]

Südkorea nimmt Gesprächsangebot des Nordens an

Donnerstag, 20. Januar 2011, 15:15 Uhr
Diesen Artikel drucken[-] Text [ ] Seoul (Reuters) - Auf der koreanischen Halbinsel stehen die Zeichen auf Entspannung:

Südkorea nahm am Donnerstag ein Angebot des Nordens für ranghohe Militärgespräche an. Ob die Verhandlungen auf Ministerebene stattfänden, sei aber noch nicht entschieden, sagte ein Sprecher des Verteidigungsministeriums in Seoul am Donnerstag. Außerdem wolle die Regierung über eine nukleare Abrüstung auf der geteilten Halbinsel sprechen. Ort und Zeitpunkt des Treffens blieben zunächst unklar. Gleichwohl wachsen nun die Chancen für eine erneute Abrüstungsrunde, für die Nordkorea im Gegenzug Hilfslieferungen erhalten dürfte.

Die Beziehungen zwischen dem demokratisch regierten Süden und dem kommunistisch geführten Norden hatten sich im vergangenen Jahr dramatisch verschlechtert. Bei einem Torpedo-Angriff auf das südkoreanische Kriegsschiff "Cheonan" waren im März 46 Seeleute getötet worden. Die Führung in Pjöngjang wies den Vorwurf zurück, das Schiff versenkt zu haben. Im November griff das nordkoreanische Militär zudem die südkoreanische Insel Yeonpyeong an. Dabei starben vier Menschen.

Beobachter führten das militärische Säbelrasseln einerseits auf wirtschaftliche Probleme des Nordens zurück. Andererseits wurde auch vermutet, dass die Führung in Pjöngjang Hardliner im Militärzudem die südkoreanische Insel Yeonpyeong an. Dabei starben vier Menschen.

Beobachter führten das militärische Säbelrasseln einerseits auf wirtschaftliche Probleme des Nordens zurück. Andererseits wurde auch vermutet, dass die Führung in Pjöngjang Hardliner im Militär besänftigen und die schrittweise Machtübergabe von Staatschef Kim Jong Il an dessen jüngsten Sohn Kim Jong Un erleichtert wollte.

Aus Regierungskreisen in Seoul verlautete, Südkorea werde bei den Gesprächen den Angriff auf die Insel sowie die Versenkung des Kriegsschiffes ansprechen. Nordkorea habe dieser Agenda zugestimmt, meldeten südkoreanische Medien. Die Führung in Pjöngjang habe der Regierung in Seoul außerdem die Entscheidung überlassen, wann und wo die Verhandlungen stattfinden. Die USA hatten die Wiederaufnahme des Gesprächsfaden zwischen Nord- und Südkorea als Voraussetzung für die Wiederaufnahme der Sechs-Parteien-Gespräche genannt, die seit mehr als zwei Jahren auf Eis liegen.

Quelle:http://de.reuters.com/article/worldNews/idDEBEE70J0ES2011012…

[volvocb]

Antwort auf Beitrag Nr.: 40.897.198 von volvocb am 20.01.11 17:24:53

Woulfe Mining approves Korean Zinc Co Ltd Investment at Annual General Meeting


VANCOUVER, BRITISH COLUMBIA--(January, 25th 2011) - Woulfe Mining Corp. (TSX VENTURE:WOF) ("Woulfe" or the "Company") approved the investment of Korea Zinc Co Ltd (“Korea Zinc”) into the Company’s wholly owned Korean subsidiaries at the annual general meeting on Friday January 21st 2011. As announced on January 5, 2011 the proposed investment would have Korea Zinc invest CDN$38,000,000 to receive a 51% stake in the subsidiary which holds the Sangdong tungsten/molybdenum project and CDN$1,800,000 into Muguk Gold Corporation to acquire 51% of that project. Other resolutions passed at the meeting included agreeing the new stock option plan, setting the number of directors to six (6) and reappointing the previous directors. Mr. Yun Birm Choi was also appointed to the board. Mr. Choi holds a Juris Doctorate degree from the US and is an executive director of Korea Zinc. He is currently serving as a Chief Executive Officer of ICM Pachapaqui S.A.C in Peru and Vice-president of Pan Pacific Metal Mining Corporation in Canada. ICM Pachapaqui and Pan Pacific Metal Mining Corporation are wholly-owned subsidiaries of Korea Zinc. “We welcome Mr. Choi to our board and know that his advice and assistance will be very valuable to Woulfe as we continue to build value in Korea for shareholders,” stated Brian Wesson, President, CEO and Director of Woulfe. On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson
Brian Wesson, President, CEO and Director

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1… Mining approves Korean Zinc Co Ltd Investment at AGM

[volvocb]

Antwort auf Beitrag Nr.: 40.948.580 von volvocb am 29.01.11 16:59:39

SHAREHOLDER RIGHTS PLAN
AGREEMENT
DATED AS OF
JULY 22, 2010
BETWEEN
WOULFE MINING CORP.
AND
COMPUTERSHARE TRUST COMPANY OF CANADA
AS RIGHTS AGENT
........

Hat 47 Seiten!

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000Zub4t_c5UgYmAa0…

[volvocb]

Antwort auf Beitrag Nr.: 40.948.587 von volvocb am 29.01.11 17:02:38

Woulfe Mining partner completes due diligence

2011-02-02 09:47 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING UPDATE ON KOREA ZINC AGREEMENT AND DRILLING PROGRESS

Woulfe Mining Corp.'s partner Korea Zinc Co. Ltd. has completed its initial phase of due diligence. Korea Zinc wishes to progress the strategic partner transaction as announced in Stockwatch on Nov. 23, 2010. Korea Zinc and Woulfe are working together to advance the project with the objective of concluding a definitive deal.

The project evaluation process has been briefly delayed at the Sangdong tungsten/molybdenum project as the drilling of the initial production area, from the unmined areas above the valley floor, has progressed more slowly than expected due to delays in obtaining spare parts and the extreme winter conditions in Korea. The weather in particular has caused the ice-over of the one level and access incline, preventing access for drilling.

Drilling update

The drilling program of 5,000 metres announced in Stockwatch on Dec. 6, 2010, has been redesigned to include 2,000 metres of surface drilling. The underground drilling is being carried out by electric/hydraulic drills in main areas and kempe-pneumatic drills in the smaller areas.

As previously reported, power was installed and commissioned to the site over the Christmas holiday period and is currently being installed underground for the drilling. The drilling is targeting the KORES NI 43-101 non-compliant historical reserves from 1998 which suggest a target grade of above 0.4 per cent is to be expected in unmined areas. These areas remain un-mined as they protect the old mine infrastructure excavations that are not required in the new mine plan. A qualified person has not done sufficient work to classify historical estimates as current mineral resources or reserves and the company is not treating the historical estimate as current mineral resources or reserves but as a historical estimate that should not be relied upon.

Brian Wesson, president, chief executive officer and director of Woulfe, said: "We are working closely with Korea Zinc to advance the strategic partner deal. We are disappointed at the speed of progress of the agreed drill plan as the data is required to complete a review of our resources and mining plan for the initial years of mining. It is in the initial years that the mining plan shows the project capital will be recouped.

"However, given the redesign of the program and the appointment of Mr. Don Smith, an experienced Australian geologist on site, we are confident that we can complete the drilling by Q2 this year which will be followed by an updated resource estimate."

We seek Safe Harbour.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18054…

[volvocb]

Antwort auf Beitrag Nr.: 40.985.352 von volvocb am 04.02.11 17:31:29

Woulfe Mining to drill exploration hole at Muguk

2011-02-04 09:09 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING TO DRILL INVESTIGATION HOLE AT MUGUK GOLD DEPOSIT

Woulfe Mining Corp. will execute the drilling of a 520-metre exploration hole to investigate the possible extension of the vein 2 lode at the Muguk prospect. Vein 2 was historically the generator of around 75 per cent of the gold production from the mine. Analysis of geological trends and historical underground sampling suggests that vein 2 may extend to the north of the historically defined resource.

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

The Muguk mine was the most productive gold mine in South Korea with a reported historical cut-off grade of eight grams per tonne and a life of mine head grade of 11 g/t with mill recovery rates reported as 96 per cent. The mine ceased operation in 1997 due to very low gold prices with significant historical resource left in situ.

Brian Wesson, president, chief executive officer and director of Woulfe, stated: "The Muguk gold mine has the potential to be a major asset in the Woulfe portfolio. We are committed to defining the resource to NI 43-101 standards. This hole will test the northern extension of the historical resource. If the mineralization continues, we will develop a plan which includes expanding the resource in addition to bringing it to current standards."

The information described in this news release has been reviewed and approved by Colin Lutherborrow, a qualified person under National Instrument 43-101.

Quell: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18061…

[volvocb]

Antwort auf Beitrag Nr.: 40.985.363 von volvocb am 04.02.11 17:32:35

WebKonferenz Woulfe Mining mit Herr Wesson vom 4.2.2011 ab 15 Uhr ca. 2 Stunden
Auschnitte von Beteiligten Konfernzmitgliedern.

thebastian schrieb am 04.02.11 16:12:14

mr. wesson ist der meinung, ende des jahres sollten wir bei mindestens 1 CAN$ stehen!

thebastian schrieb am 04.02.11 16:27:53
Beitrag Nr.71988 (40.984.782)

PR Technisch Roadshow in Amerika, Zürich, Deutschland. Website wird überarbeitet, es gibt noch viele news dieses Jahr

Quelle: http://www.wallstreet-online.de/diskussion/1090248-71981-719…


thebastian schrieb am 04.02.11 16:37:33

Dividenden soll und kann es nur geben, wenn produziert wird


thebastian schrieb am 04.02.11 16:50:09

6% Aktien werden von Westtech gehalten, dessen Managing Director Mr. Wesson ist. Er geht davon aus, das mittlerweile die Aktien in festeren Händen sind, und es nicht mehr so zu den Abverkäufen nach guten News kommt.

Quelle: http://www.wallstreet-online.de/diskussion/1090248-71991-720…



Ikar schrieb am 04.02.11 17:10:31

ich schreib mal einfach meine steno hier runter, wens interessiert:

-board:
2 von Korean Zink
2 Woulf
1 independant

-eigentliuches potential of 80years

-Muguk soll in den nächsten 2 Monaten gedrillt werden

-npv von 2$, er meint at least 1$ sahreprice realistisch

-3 drills und zwei hydraulic drills, das heisst, die südafrikanischen drills sind schon in Arbeit, Wetter( Schnee und Eis ) haben sie gezwungen die rigs umherzuswitschen und das macht etwas Verzögerung aus

-trotz der 51% von Korea Zink hat Woulff contractial control over at least 2 years, an anderer Stelle sprich er davon, dass sie die Macht nie abgeben werden, hm

-roadshow evtl. auch in Deutschland dieses Jahr

-main issue- Sangdong , dazu move Muguk into construction this year
-Uran allerdings viel später

-margin on cashflow is 50%

-" we look also of receicling of tungsten" vielleicht ein ne neue Marktlücke

-no royalties, 20% tax

-Q3, quarter late for feasebility study- wegen der Verzögerungen beim jetzigen drilling(Wetter)

-"short termer sind raus, shares in much stronger hands today"

-profit 20 -30m a year at least

das mit der verringerten capex stimmt wie schon gepostet, allerdings ahtte ich nicht ganz verstanden, wie der output trotzdem vergrößert werden sollte, er sprach da von higher grades- kann mir das jemand im Detail erklären, dankeschön

Quelle: http://www.wallstreet-online.de/diskussion/1090248-72001-720…

[volvocb]

Antwort auf Beitrag Nr.: 40.985.602 von volvocb am 04.02.11 18:03:36

Who is Woulfe Mining (TSX-V WOF)?

• Woulfe Mining ist ein Unternehmen mit verschiedenen Portfolio und Assets
in Süd Korea und primär fokussiert auf Wolfram, Molybdän und Gold
• Woulfe Mining hat starke strategische Partner und bekommt institutionale
Unterstützung von Unternehmen wie Korean Zinc, US Capital, Resinco
Capital Partners und Colonial First State
• Grundstücke -
o Sangdong wolfram-molybdän Projekt, historisch gesehen eines der
größten Wolfram Minen weltweit. Zusätzliches hochgradiges Molybdän
Zone identifiziert.
o Muguk Gold-Silber Projekt, historisch gesehen Süd Korea's größter
Golderzeugungs Mine.
o Weitere diverse Grundstücke mit erheblichen Mengen an Mineralien wie
Uran, Blei, Zink & Vanadium

Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.363 von volvocb am 07.02.11 17:50:25

Woulfe Mining (TSX-V WOF) Fact Sheet

Trading Shares: 265,106,833
Warrants: 45,156,750
Options: 12,325,000
Fully Diluted 322,588,583
Liquidity – Ave Volume 1 million/ day
Year high – 55 cents
Year Low – 06 cents

Fund raising

Dec 2009 – CDN$6.6 million @ 8 cents
plus a ½ warrant 12c
April 2010 - CDN$4.4 million at 15 c
Jan 2011 – CDN$10 million at 30 c
Current cash position CDN$12.4 million

Large Institutional Share Base:

• Colonial First State
• Korea Zinc
• Resinco Capital Partners
• Se Woo Mining Korea
• US Global


Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.375 von volvocb am 07.02.11 17:52:35

In Deutsch!
Woulfe Mining (TSX-V WOF) Fact Sheet

Gehandelte Aktien: 265,106,833
Optionsscheine: 45,156,750
Optionen: 12,325,000
Verflüssigt: 322,588,583
Liquidität: – Ave Volumen 1 Million/ Tag
Jahres Hoch – 55 cents
Jahres Tief – 06 cents

Kapitalbeschaffung

Dez 2009 – CDN$6.6 million @ 8 cents
plus a ½ garantiert 12c
April 2010 - CDN$4.4 million at 15 c
Jan 2011 – CDN$10 million at 30 c
Aktuelle Liquidität CDN$12.4 Millionen


Große Institutionelle Aktienanteilseigner:

• Colonial First State
• Korea Zinc
• Resinco Capital Partners
• Se Woo Mining Korea
• US Global


Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.390 von volvocb am 07.02.11 17:55:34

South Korea - Open For Business

Süd Korea Fakten

Moody A1 credit rating
Deutsches Rechtssystem, stabile
Regierung
Unternehmerfreundliche
Bergbauverordnungen
20% Steuerrate, keine Lizenzgebühren
und 10 Jahre Gewinnabschöpfung
Industriell fortgeschrittenes Land mit
Weltmarken wie Hyundai, LG, Samsung,
und POSCO der weltweit 2größter
Stahlhersteller nach Marktwert

Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.416 von volvocb am 07.02.11 17:57:54

Fakten bezüglich Korea Zink Deal

KOREA ZINK

US$5 Milliarden Unternehmen gelistet am Korea Stock Exchange (AAA credit rating)
Globales Minen- und Schmelzunternehmen
Technologisch fortgeschrittenes Unternehmen, starke Forschung und Entwicklung
Weltweit hoch anerkanntes Unternehmen
Signifikante technische Fachkenntnisse, Fachkenntnisse und Wissen des Landes sowie Erfahrungen in der Konstruktion von Projekten

Woulfe Mining / Korean Zink Handel

Investierten CDN$10 million @ 30 Cents in Woulfe
Nach sorgfältiger Prüfung durch Korea Zink 51% Erwerbsanteil auf Sangdong und Muguk
Gemäß dem 21 Januar/ AGM, Genehmigung der Aktionäre zur Transaktion
Abgeschlossen innerhalb 30 Tagen und C$40 Millionen in Tochtergesellschaften Koreas investiert
Korea Zink verpflichtet sich C$75 Millionen zu beschaffen um Minenentwicklung zu vollenden
Vorstand wird beidseitig Repräsentiert von unabhängigem Vorsitzenden

Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.437 von volvocb am 07.02.11 18:00:04

Woulfe bleibt ein starkes Invest
Woulfe Mining Wertdarstellung noch ausstehend

Der Deal mit Korea Zink erlaubt eine schnelle Entwicklung des Sangdong Wolfram Projekts welches ein
starkes Wirtschaftswachstum nachweist beim Preis von US$250 /mtu APT. APT ist Dato um 34% gestiegen seit der letzten Bewertung.

Bisher unentdecktes Eisenerz im späten letzten Jahr gefunden kann nun in der Hauptzone mit Abbau
begonnen werden welches gute Aussichten hat einen höheren Reinheitsgrad zu besitzen als heutige
Rohstoff Bewertungsgrad.

Startkosten werden wesentlich niedriger sein da das Erz sich 20 Meter am Berghang oberhalb des
Talbodens befindet

Wismuth nicht inkludiert in Studie oder Gold Kredite

Molybdänum Grade werden vermutlich höher ausfallen

Die Schürfstudie basiert auf 100% grüne Felder Minen ohne Infrastruktur zu Nordamerkanischen
Bauauslegung . Da wir aber in Korea sind und wir die Infrastruktur sowie einfach abzuschürfendes Erz
besitzen ist die Möglichkeit sehr wahrscheinlich das die Kapitalenkosten niedriger ausfallen werden.

Korea Zink und Woulfe haben die Fähigkeit die Mine sehr sparsam zu betreiben

Hochgradiger Molybdänum Bestandsaufnahme nicht inkludiert in Studie

Zusätzlicher Woulfe Mining Wert

Muguk welches ein großes Goldvorkommen besitzt basierend auf historische Minen Daten und operiert bei
11 g/t

Uran/ Vanadium Projekt

Yeonwha Blei/ ehemals Zink Mine

Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.467 von volvocb am 07.02.11 18:05:05

Risikominderung
Finanzen

Das Unternehmen hat CDN$12.4 Million auf der Bank und weitere CDN$6 Millionen in
Garantien und Optionen.
Korea Zink erbringt weitere CDN$40 Million für Sangdong und die Bohrungen des Goldprojektes
Gefolgt von zusätzlichen CDN$75 Million um die Entwicklung Sangdongs fertigzustellen

Technisches

Projekt war seit 40 Jahren im Bergbaubetrieb welches Wolfram, Molybdänum und Wismuth abbaute
Einrichtung und Errichtung bekannte Technologien durch globale wie auch lokale Spezialisten
Strom sowie vorhandene Infrasruktur
Hauptaugenmerk auf Wolfram, Molybdänum, Gold, Wismuth, Uran, Zink und Blei. Alöles Metalle für die Nachfrage

Lizenzierung

Minen Entwicklungslizenz wurde in Juni 2010 genehmigt
Die Mine befindet sich auf staatlichem Grund, Woulfe kaufte lediglich Grund aus Privatbesitz. Woulfe wird
Grundbesitz in den nächsten 6 Monate erweitern.
Abschluss der Mine sowie Fortschritt und Entwicklungsprozess müssen noch von den staatlichen Behörden
genehmigt werden

Staat

Stabile Regierung, 20% Steuersatz, 10 Jahre Steuerabschreibungen sowie keine Lizenzgebühren und Deutschland
ähnlichem Rechtssystem
Situation mit Nord Korea wird nicht als relevant gesehen da niemand an einem Konflikt wirklich interessiert ist in den
starken wirtschaftlichen Herzens Asiens
Sowohl das Land wie auch die Bevölkerung von Sangdong unterstützen das Projekt Sangdong und arbeiten mit uns
zusammen um die Mine wieder in Dienst zu stellen

Quelle:https://eu42.spreed.com/c/968925479 Presentation in Deutsch/Englisch Febr. 2011

[volvocb]

Antwort auf Beitrag Nr.: 40.996.493 von volvocb am 07.02.11 18:07:28

WOULFE MINING CORP.
(An Exploration Stage Company)
Interim Consolidated Financial Statements
December 31, 2010
(Unaudited)

17 Seiten.

Quelle: http://www.sedar.com/CheckCode.do;jsessionid=0000AySOgC23YPZ…

[volvocb]

Antwort auf Beitrag Nr.: 41.123.705 von volvocb am 01.03.11 11:11:22

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE SIX MONTHS ENDED DECEMBER 31, 2010
DATE OF REPORT: FEBRUARY 28, 2011

15 Seiten.

Quelle: http://www.sedar.com/CheckCode.do;jsessionid=0000ij0E5boYH4O…

[volvocb]

Antwort auf Beitrag Nr.: 41.123.763 von volvocb am 01.03.11 11:18:15

You are invited to meet Brian Wesson CEO and President of WoulfeMining at
The Royal York Hotel Toronto on March 6th between 2 pm – 4 pm duringthe 2011 Prospectors and Developers Association of Canada - Mining InvestmentShow.

Woulfe Mining would like to invite you to ourthe hospitality suite Salon 7 at the Royal York Hotel on Sunday March 6th,during the Toronto PDAC Trade Show being held Sunday March 6th throughWednesday March 9th, 2011 at the Metro Toronto Convention Centre.
Please RSVP as space is limited byemailing [e-mail] .
Woulfe will be hosting a corporatepresentation/update in Salon 7 at the Royal York Hotel on March 6th from 2 pm to 4 pm. President Brian Wesson willbe speaking and will be available for questions. The hotel is within walkingdistance of the conference. Snacks and refreshments will be served.
THE FAIRMONT ROYAL YORK
Salon 7
100Front Street W
Toronto, Ontario
Canada
M5J1E3
Foradditional PDAC conference information, including registration and hours click HERE
About Woulfe MiningCorp.
WoulfeMining Corp. is a TSX-Vlisted company with a diversified portfolio of mining licenses for tungsten,molybdenum, gold, base metals and uranium-vanadium in South Korea.
The company's current projects include the Sangdongtungsten-molybdenum mine, historically, one of the largest tungsten mines inthe world; the Muguk gold-silver mine, formerly South Korea's largest goldmine, as well as a number of other properties with significant knownmineralization and excellent regional exploration potential.
Woulfe has high expectations for near-term, low-costproduction. The company has assembled a highly skilled, in-country, bilingualtechnical team and a board of directors with an outstanding track record ofsuccess.
For further information please contact
Nick Smith
Investor Relations
Woulfe Mining
T: 415.829.7865
[e-mail]

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 41.136.302 von volvocb am 02.03.11 20:51:40

VANCOUVER, BRITISH COLUMBIA--(March 7th 2011) - Woulfe Mining Corp. (TSX VENTURE:WOF)
("Woulfe" or the "Company”) advises that it has granted incentive stock options to Tiger Kim, Yun Choi and
Nick Smith, entitling them to purchase up to 1,500,000 common shares in the aggregate of the capital stock in
the Company at a price of $0.265 per share for the next 5 years.
The above is subject to regulatory approval.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson,
President, CEO and Director

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000fUHL4BaoL5EZ2Zn…

[volvocb]

Antwort auf Beitrag Nr.: 41.181.159 von volvocb am 10.03.11 20:25:13

Canadian companies attracted
to South Korea
by Daina Lawrence
März2011 Infos über Woulfe aus einem Magazine

NMC MINING
Moland Molybdenum Mine
• Commenced commercial production
in April 2010
• Milling average of 800-1,000 tonnes per day
• Inferred resource of 1,726,299 tonnes
averaging 0.366% MoS2 at a 0.1% MoS2 cutoff
• The only molybdenum mine in South Korea
and Japan
• 20% of world moly output is consumed by Korea and Japan
• Easy access to markets in China and Japan
• High-grade molybdenum deposit
• MoS2 mill head grade of 0.30%
• Close proximity of ore body to the surface
• Resource expansion potential
• No tailings dam
• Tailings from NMC mine are sent to nearby cement makers
• Labour cost less than half of North America

3 Seiten!
http://www.woulfemining.com/irm/Company/ShowPage.aspx?CPID=1…

[volvocb]

Antwort auf Beitrag Nr.: 41.187.679 von volvocb am 11.03.11 17:57:25

juncles4
3/11/2011 2:05:16 PM Post #29413728


One thing we don't need a new release to know, is that the value of the project continues to shoot upwards, as the price of tungsten shows continued strength.

Just think, the study released approx a year ago placed a $462 NPV on the project with base price of $250/mtu APT and breakeven of $167/mtu.

A very rudimentary, back of the napkin calculation goes like this:

$462/(250-167)=5.566

5.566 * ($400/mtu - $167/mtu APT) = $1,297 NPV 49% of which is Woulfe's/ours.

Today, Woulfe, as an entire company, is valued at approx $48M

For this calc, I assumed every extra dollar over the breakeven APT price would be direct profit to the project. And obviously, I can't claim that this is the true value as this is incredibly simple, and doesn't even begin to incorporate all the inputs necessary, but we all know, that the value of the project has to be considerably higher than the $462M as the underlying commodity has risen in value.

Of course, we are now 1-year closer to production, so we are discounting future cash flows back 1 less year now. Not to mention that the input/up front costs (very important in NPV calcs) are lower than orginally estimated as Woulfe procured much of the equipment at significant discounts.

This is NPV, not total cash flows. This is what some would consider the true value of the project TODAY.

There are a host of risks still present, and the market wants to know this is a sure thing, so it discounts this NPV to account for the risk of the plan never taking flight. It's safe to say that the market is currently discounting the project (as valued above) by a considerable margin.

Just food for thought.

I am not an investment professional and this should not be considered a buy recommendation. I'm just simply commenting that the original project value estimate seems to be out of date.

I am looking forward to further updates from the company.

Cheers all!

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 41.188.554 von volvocb am 11.03.11 20:35:35

Die 200 Fotos von Sangdong sind sehr ......!

http://www.facebook.com/pages/Woulfe-Mining-Corporation/1135…

Noch 11 Tgae, dann sind die 60 Tage vorüber. Mal schauen ob sie den Deal verschieben.

[Metrixx]

Was für hübsche Bilder.....
von Blümchen und ich glaube die Blätter einer Hanfpflanze
gesehen zu haben...Na wie auch immer,die Ernte der Früchte werden
schon bald geerntet werden,,

Ist nur eine Frage der Zeit..

Schönes Wochende Metrixx

[volvocb]

Antwort auf Beitrag Nr.: 41.188.666 von volvocb am 11.03.11 21:06:37

Wenn wir die 21 Cent durchbrechen, würde es wieder gut ausehen.
Schönes Wochenende.

[volvocb]

Antwort auf Beitrag Nr.: 41.190.595 von volvocb am 12.03.11 13:43:09

TechOne2
3/12/2011 2:58:02 PM | | 80 reads | Post #29417309

So here are few random items, in no particular order..

1. 5 Drills working at Sangdong.. Expect results in April/May.. Unmined ore zones discovered.. Numbers are now better then what was in the scoping study.. To get started, Initial 10 years mine life with capital recovered in 2 years.
2. Environmental Permit by July..
3. Resource estimates by June..
4. Feasibility Study by November..
5. Planning and modelling for the plant is already being done.. Consultants will review and signoff but work is being done in-house..

Production by later part of 2012 if all goes according to plan..

Muguk Gold drilling is planned.. 2 exploration drill holes showed gold.. Potential of spinning of Muguk Gold as a separate company since it's value is not reflected in WOF's already very under valued market capitalization..

Fully diluted share count at present is 322.5m and warrants and options are in the money (45m warrants and 12m Options) so more cash will be coming in.. Present cash on hand is $11m

Korean Zinc and Part 2 of the announced transaction.. Management feels the original deal which is yet to close is now too cheap in light of the Tungsten prices so they are trying to get a better deal and not give away 51%.. Other parties have approached WOF and a better deal could be struck although Korean ZInc has exclusivity so management can talk to others but cannot aggressively look for them so my conclusion is if better offer materializes, then Korean Zinc will have to match it.. If company chose to not proceed with rest of the deal with Korean Zinc, there are other alternatives..

Capital requirement to reach production is approx. $ 120m and management feels by the time full feasibility, plans for plant etc. are all finalized, if a satisfactory deal with Korean ZInc is not concluded, that is not an issue since big financial institutions have already approached the company for financing.. With Korean Zinc, financing of $ 70m would be at 4% and the management might not get that low an interest rate but keeping bigger % of the company ownership will be worth it..

Finally, management feels we are grossly undervalued at this point and they are ramping up more PR related activities to draw attention to it.. They will be participating in Cambridgehouse in June in Vancouver as well as other events around the world and with more progress with the projects, expect more news etc.. If they don't get the valuation, other spin off might happen in other markets such as Singapore as an example..

FWIW.. I may have missed something but you get the big picture of essentially all the points.. As I said, the web site will be updated soon enough so here is a heads up on what is to come.. For my money, the lows around these prices will not last as long as the markets don't go into a tailspin and Tungsten prices hold.. Good luck everyone..


Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 41.193.184 von volvocb am 13.03.11 14:39:24

In the Press (WOF)

SOUTH KOREA - Woulfe transaction advances
Korea Zinc has completed its initial phase of due diligence and is satisfied with the data supplied by Woulfe Mining in relation to a strategic partner transaction covering Woulfe's South Korean prospects. It now wishes to progress the transaction.

The proposed investment will see Korea Zinc invest Can$38 million to receive a 51% stake in the subsidiary which holds the Sangdong tungsten/molybdenum project and Can$1.8 million into Muguk Gold Corporation to acquire 51% of that project.

The Sangdong project evaluation process has been briefly delayed as the drilling of the initial production area, from the unmined areas above the valley floor, has progressed more slowly than expected due to delays in obtaining spare parts and the extreme winter conditions in Korea. The weather in particular has caused the ice-over of the one level and access incline, preventing access for drilling.

The drilling program of 5000 metres announced in December 2010 has been redesigned to include 2000 metres of surface drilling. The underground drilling is being carried out by electric/hydraulic drills in main areas and kempe-pneumatic drills in the smaller areas.

Power was installed and commissioned to the site over the Christmas holiday period and is now being installed underground for the drilling.

The drilling is targeting the KORES NI 43-101 non-compliant historical reserves from 1998 which suggest a target grade of above 0.4% is to be expected in un-mined areas. These areas remain un-mined as they protect the old mine infrastructure excavations that are not required in the new mine plan.

Woulfe's president and CEO Brian Wesson says, “We are working closely with Korea Zinc to advance the strategic partner deal. We are disappointed at the speed of progress of the agreed drill plan as the data is required to complete a review of our resources and mining plan for the initial years of mining. It is in the initial years that the mining plan shows the project capital will be recouped.

“However, given the redesign of the program and the appointment of Don Smith, an experienced Australian geologist on site, we are confident we can complete the drilling by quarter two this year which will be followed by an updated resource estimate.”

The Sangdong mine was one of the largest tungsten mines in the world while Muguk was formerly South Korea's largest gold mine. Woulfe also has a number of other properties with significant known mineralization and excellent regional exploration potential.

www.woulfemining.com

Quelle: http://www.woulfemining.com/irm/content/news_inthepress.html
Quelle: http://www.asiaminer.com/magazine/current-news/3310-south-ko…

[volvocb]

Antwort auf Beitrag Nr.: 41.193.364 von volvocb am 13.03.11 15:34:13

Presentation
1-Mar-2011
Woulfe on the Move
SANGDONG 2012 Brian Wesson, CEO and President


Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1…

[volvocb]

Antwort auf Beitrag Nr.: 41.206.164 von volvocb am 15.03.11 12:05:56

Going Forward

►Drilling of the unmined areas above 1 level to define reserve for initial 10 years
►Update resource
►Mine plan focused on mining 1.2 million tonnes over 10 years that recoups the capital within two years
►Final permitting for production, extended area
►Feasibility Study and Environmental Impact Assessment
►Definitive mine design
►Finalise funding and construction decision

2011

►Definitive process plant design underway
►Off-take contracts
►Upgrade resource statement.
►Secure major pieces of equipment, crusher already secured
►Surface drilling to compliment underground drilling
►Complete allapprovals for extended mine area and production

Quelle: http://www.woulfemining.com/IRM/Company/ShowPage.aspx?CPID=1…

[daniel21]

Wird schon werden hier
Im Augenblick wollen halt sehr vile in alternative Energie investieren und es wird überall geworfen um Gelder frei zu bekommen, kann man sehr gut beobachten, es gehen viele Werte runter, die nichts mit Japan zu direkt tuhn haben, dadurch werden auch gute Möglichkeiten gegeben in viele Werte günstig hineinzukommen.
cool bleiben, das wird schon werden hier.

[volvocb]

Antwort auf Beitrag Nr.: 41.206.337 von volvocb am 15.03.11 12:19:41

March 15, 2011

Woulfe Mining is pleased to update shareholders on the Company's activities and plans at the Sangdong tungsten molybdenum project in South Korea. Woulfe is advancing the Sangdong project by simultaneously working on five key project objectives. The plan is to have four critical items completed by end of 2011 with project development to be completed during 2012.


-- Resource to support feasibility - Woulfe is drilling the upper part of the current inferred resource of 103.6 Mt at 0.37% WO3 and 0.04% MoS2 cut off 0.1% WO3 (please see press release April 8th 2010). The drilling is focused above the valley floor in an area which is mostly unmined. There are 6 drill rigs on site and the program is forecasted to be complete in May 2011.
The Scoping Study (Wardrop, March 2010) did not take into consideration the molybdenum stock work ore body located below the skarn mineralisation. This zone was drilled by Korea Resources Corporation (KORES) who produced a historical non-compliant reserve estimate of 15 million tonnes at 0.4% MoS2. The 42 holes drilled in the lode were at a steep angle to the interpreted mineralised structures, as were the two subsequent holes drilled by Woulfe. A follow-up drilling program will be considered following the completion of the current program.


-- Mine development permitting - Mine development approval based sufficient area to open the mine was granted in June 2010. Woulfe is currently applying for an expanded area to include the proposed plant site and full site permitting is expected to be obtained by July 2011. -- Definitive design - A crushing circuit has been purchased and definitive design is in progress. Detailed metallurgical test work is to be carried out to finalise design of the grinding and flotation circuits. -- Feasibility - Wardrop Engineers (A Tetra Tech Company) were commissioned in 2010 to complete the definitive feasibility study due in latter part of 2011. -- Financing - Woulfe has determined that the CDN$289 million build cost estimated in the Wardrop Scoping Study is high when compared to a recent mine and processing plant developed in South Korea. Management is considering a number of options to finance this step, which will prevent or minimize dilution to shareholders.
Brian Wesson CEO and President of Woulfe Mining stated, "Focusing on these 5 facets of the Sangdong project simultaneously, accelerates Woulfe towards our goal of production at the Sangdong tungsten molybdenum project in 2012. We achieved a number of significant milestones in 2010, not in the least, securing a strategic relationship with Korea Zinc, which has laid the foundations for us to complete the major project challenges this year. We will keep shareholders updated as we move towards and achieve the goals we have outlined for 2011."

Readers should note that the mine was previously operated for 40 years and closed at an APT price of US$40/mtu in 1993. Management is of the view that the project risks are sufficiently low to warrant moving forward with the definitive design prior to completing a NI 43-101 compliant definition of reserves and the feasibility study. This is based on a current APT price of approximately US$400/mtu, some 40 years of operational knowledge, input from former project technical staff, and the robust Scoping Study based on an APT price of US$250/mtu.

The work outlined above is required to measure the project against the requirements of NI 43-101 to be compliant under the Canadian disclosure regulations. Investors and potential investors need to be aware that the historical data is not compliant and may or may not be compliant even after the above work is done. There is significant risk associated with the project until the work is done and assessed in terms of NI 43-101. Readers are urged to take advice and/or draw their own conclusions based on the Company's plan moving forward.

Resource Drilling

Woulfe currently has six drilling rigs onsite, including three surface rigs and three underground rigs. The planned 5,000 metre drilling program was scheduled to be completed by January 2011, however, progress was delayed due to extreme winter conditions which restricted surface access and the installation of power underground.

Underground drilling is being carried out from the main Sangdong Level, which has been partly rehabilitated to 850m lateral extent from the adit. This provides drilling coverage for approximately half of the strike length of the infrastructure pillar, with the remaining strike length to be drill tested from the surface.

On 7th March 2011, Woulfe received clearance from the Korean Forestry Department for access to the surface drill sites and three rigs have been moved onto the site. To date, approximately 1,000 metres of the 5,000 metres drill program has been completed. The core is being logged onsite and the sample preparation facilities are being re-commissioned.

The samples will be analysed at SGS in Perth, Australia, which currently has the capacity for a quick turn over of the assay results. Results will be released in batches commencing April 2011.

The 5,000 metre drilling program is scheduled to be completed by May 2011 and an updated NI 43-101 resource statement for the upper area targeted by the drilling program is on course for financial year end June 2011.

Mine Development Permitting

Woulfe has spent approximately US$900,000 on detailed environmental work on the Sangdong project area using internationally accepted consultants. The current focus is on final permitting for the process plant site and infrastructure. The permit is expected by July 2011.

Mine Processing Design

Woulfe has the design capability and responsibility to develop the Sangdong project. In addition, Woulfe is using Canadian consultants with tungsten expertise to manage the detailed metallurgical testwork. Half of the cores from the current drilling program will be used for metallurgical testwork, which will cover all aspects of processing from grinding and flotation to APT production.

Detailed design of the process plant is well advanced as the design is the critical path to the aggressive development schedule. The process design will be based on mill throughput of 1.2 million tonnes per annum to produce approximately 400,000 mtu per annum of ammonium paratungstate (APT) and approximately 500,000 pounds of molybdenum half of that considered in the Scoping Study.

The primary crushing circuit has been acquired and the detailed design of the crushing and fine ore storage components is underway. The grinding circuit will be comprised of two rod mills, to be installed in series. Given the delivery period for new mills, typically in excess of nine months, various options are being reviewed so that Woulfe will be in a position to acquire the mills as soon as the testwork is completed. The mills will be approximately 1300kW each and 4.5 diameter and 6.1 metres long.

Woulfe estimates that the initial capital cost for the project will be significantly lower than the US$289 million included in the Scoping Study after comparing costs of a recent mine and processing plant completed in South Korea using local labour and fabrication. Woulfe estimates a requirement of US$15 million working capital.

Feasibility Study

Wardrop Engineers completed the Scoping Study for the Sangdong project in March 2010 and have been commissioned to progress the feasibility study. Progress has been delayed due to the delay in the drilling program. The study is now expected to be completed towards the end of the 2011.

Finance

Korea Zinc Co., Ltd. ("Korea Zinc") (a US$5 billion Korea listed smelter company) invested CDN$10 million into Woulfe in January 2011. Currently, Woulfe has CDN$11 million cash and approximately CDN$6 million in warrants that are 100% in the money and likely to be exercised before the December 2011 due date. This will provide sufficient finance to take the project forward into 2012.

As the management of Woulfe believes that the share price of Woulfe does not reflect the true value of the company and is conscious of dilution, financing in the 100% owned subsidiary, Sangdong Mining Corp in Korea, is being considered. The Heads of Agreement signed between Woulfe and Korea Zinc stipulates that following the CDN$10 million investment into Woulfe Mining Corp, a subsequent investment of CDN$38 million into Sangdong Mining Corp by Korea Zinc for a 51% ownership in the project will follow subject to fulfilment of certain preconditions, including completion of the 5,000m drilling program. Korea Zinc will further arrange CDN$75 million in debt based on the project feasibility. Korea Zinc has exclusivity for a deal, through to the completion of drilling and the update NI 43-101.

With rising tungsten price and due to its status being the largest tungsten project with geographical proximity to markets, Woulfe has been approached by various parties and has received several unsolicited enquiries.

Colin Lutherborrow MAusIMM is a geologist who has 30 years experience in underground mines and the delineation of resources and reserves. Mr. Lutherborrow is a Qualified Person as defined in the Canadian National Instrument 43-101 and has read and approved this release.

Quelle:http://finance.yahoo.com/news/Woulfe-Minings-Plan-to-Move-cc…

[volvocb]

Antwort auf Beitrag Nr.: 41.211.276 von volvocb am 15.03.11 20:05:19

Ein Jahr alt!!!

Objective Capital Rare Earth and Minor Metals Investment Summit: Overview of the Tungsten Market and the challenges of (re)opening the world’s next tungsten mine - Brian Wesson - Presentation Transcript

1.Investment Conferences RARE EARTHS, SPECIALITY & MINOR METALS INVESTMENT SUMMIT 3.20 – 3.45 Overview of the Tungsten Market and the challenges of (re)opening the world’s next tungsten mine Brian Wesson – CEO, Woulfe Mining THE LONDON CHAMBER OF COMMERCE AND INDUSTRY ● THURSDAY, 18 MARCH 2010 www.ObjectiveCapitalConferences.com

2.REBIRTH OF THE KOREAN MINING INDUSTRY Brian Wesson, CEO and President March 2010

3.Disclaimer Statements in this presentation other than purely historical information, including statements relating to Woulfe Mining’s future plans, objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to the risks and uncertainties inherent in Woulfe Mining’s business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. Note that Woulfe Mining refers to historical resource estimates in this presentation. Source, date, relevance, reliability and explanations on categories are presented with the historical estimates. A qualified person has not done sufficient work to classify the historical resources as current mineral resources. The issuer is not treating the historical estimates as current mineral resources and the historical estimates should not be relied upon. This PowerPoint presentation was prepared to assist interested parties in making their own assessment of Woulfe Mining and its mineral properties, and does not purport to contain all of the information that a prospective investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company, its assets and the information provided in this presentation. Any and all statements, forecasts, projections and estimates contained in this presentation are based on management’s current knowledge and no representation or warranty is made as to their accuracy and/or reliability. Unless otherwise stated, all resource and reserve estimates in the document are historical in nature and do not comply with the current NI 43-101 reporting standards.

4.Tungsten minor metal or “super metal”  Tungsten is 71% heavier than lead, durable,  Tungsten melts at over 3422 degrees Celsius and boils at the temperature of the sun 5700 C  Resists oxidation  High tensile strength (411 Gpa)  Low thermal expansion  Brinell Hardness 2570 4

5.The Market  80% market controlled by China  60% of tungsten demand is tungsten carbide for cutting and boring tools  20% as steel alloys  15% wear products  5% other  Wonder metal used in innovation such as nuclear industry, aerospace, renewable energy.  Expensive not toxic replacement for lead. 5

6.Market dynamics China dominates APT • China announced this week that no new tungsten mine development licences will be issued till mid next year • 2008 China imposed export controls and taxes on all tungsten products (indicating the reserves may be not what we think) • China is a net importer of tungsten, buying concentrate to feed the hungry APT plants that have an over capacity. • China are becoming involved in most tungsten projects outside of China • 2002 China withdrew from selling concentrates as it makes no sense to sell concentrates. 6

7.Challenge and down stream processing Value of Tungsten standardised to 100% 35000 133% 30000 67% US$ per Tonne 25000 41% 69% 20000 15000 Carbide Oxide APT Concentrate 10000 7

8.Tungsten Market  Applications – Metal-cutting tools, drill bits, high temperature alloys, military use and chemical applications.  Consumers – 1. China(largest growth), 2. Europe, 3. North America. India has an emerging demand.  Production - 81,200 tonnes Tungsten per annum,  Forecast - 109,328 tonnes by 2012. (2% growth per year, 2190 t/y)  Woulfe sees APT prices reaching US$250 in 18 months and higher in the medium term , easing on the long term 8

9.Woulfe the worlds next operating tungsten/ molybdenum mine 9

10.Projects Core Projects 1. Sangdong Tungsten Operated for 40 years one of the worlds great mines closed 1992 2. Muguk Gold Project Koreas largest Gold mine closed 1997 Pipe Line of Projects Seoul 1. Yeonwha Base Metals significant historical targets 2. Uranium Vanadium Ogchon Greenfields 3. Chongyang Tungsten Existing closed mine 10

11.Sangdong Cross Section 250m 11

12.Sangdong Scoping Study March 2010 (Note scoping is to an accuracy ±30% and inferred resources)  Wardrop Engineering completed a positive Preliminary Economic Assessment (Scoping Study) based on:  Inferred resources in the foot wall only (57.4 Mt at 0.35% WO3 and 0.04 MoS2 )  Resource reduced by 15% dilution at zero grade and a 95% extraction factor..  Mining 2.5 million tonnes per annum from footwall zone, main zone pillars and hanging wall zone not included.  Underground mining – cut-off grade of 0.1% WO3, and  long term price forecasts of US$250/mtu APT and US$15/lb Mo  Production APT 815,357 mtu (each unit 10Kg ) 8,154 Tonnes APT per annum  Model based on foot wall zone and 15 years production.  Key project parameters are:  Capital US$289 million including contingency of 15% of Direct Mining Cost, 10% of Other Direct Costs  26.5% IRR  3.4 years payback on capital  Direct cash operating costs of US$32.60/t processed, (Cash margin $22.64 per tonne ore milled)  NPV of US$463M pre-tax @ 8% real discount rate,  Break even 0 NPV at 8% at APT price US$163 mtu cash margin  Resources base 103.2 million tonnes at 0.35 WO3  Overall recovery Tungsten 79% , Moly 80%  Processing – crushing, grinding, gravity separation, regrind and flotation. Concentrate feed to APT (Ammonium Paratungstate (NH4)[H2W12O42]) 12

13.Sangdong Project  Historic database of ~800 holes drilled underground into skarn horizons, with 90 holes drilled 2007-2008:  25 Km of underground development, vertical shaft and ventilation shafts in place  Existing infrastructure, town, roads, water and power  Application for the Phase 1 mine development license to be submitted in April to access the mine for drilling and trial mining. Trial mining will supply bulk metallurgical samples.  Budgeted for 20,000m drilling to drill approximately 200 holes to upgrade resources to reserve for feasibility.  Dewatering as we move down  Feasibility study to be completed by early 2011  Phase 2 license for development approval  Project financing to be finalised by mid 2011  Projected operations in 2013 13

14.Muguk Gold Project  Located in historic Muguk Gold Field  Bounded to the south by operating Yuil Gold Mine  Summit Gold Mine to the south east currently on care-and-maintenance  Sporadically mined from 1913 to 1990’s  Comprises 5 mining rights covering 573ha:  Detailed “reserves and resources” provided in a 1994 report by KORES prior to cessation of mining:  “reserves” of 714,000t grading 14.5g/t gold and 83g/t silver (non NI 43-101 compliant), and  “inferred resources” of 705,000t grading 12.5g/t gold and 62g/t silver (non NI 43-101 compliant)  Total contained metal of approximately 620,000oz gold and 3.3Moz silver  Review of over 1000 face samples taken by Kores prior to mine closure has a mean grade of 30 g/t over an average width of 1.15 metres which is a significant target  Drill rig moving on site to drill the Kores “reserve areas” to verify the historical sampling 14

15.Muguk Gold Project Description  Mineralisation occurs in steeply dipping, en echelon quartz veins within Jurassic granodiorite:  Veins fill numerous N-NW trending fractures dipping at 70-85° to E-NE;  Veins extend discontinuously along strike for 400-2,000m on surface; and  Veins extend down dip to depths of up to 800m.  Historic mining restricted to few veins:  Samhyungje, and to a lesser extent Keumryong and No’s 2, 7 and 8  KORES resource largely restricted to Samhyungje Vein below 400m depth  Secondary veins and depth extensions to be evaluated  Significant development in place to 600m depth  Historic adits/shafts to be assessed for mine access 15


16.Muguk Gold Project Muguk Mining Titles Historic Mine Workings Plan A Mineralisation Dip 75 degrees ENE A1 16

17.Muguk Gold Project Strike of veins 2200 metres Muguk Longitudinal Section A1 A 600 metre depth Lodes open at depth Kores delineated reserve of Mined Areas at closure (1994) 620,000 ounces in 1992 which is Resource Defined by KORES (1994) not NI43-101 compliant and can (non NI43-101 compliant) not be relied on 17

18.Management Brian Wesson CEO/ President –Engineer with 30 years’ experience, has an MBA and Fellow of the Australian Institute of Mining and Metallurgy and Fellow of Australian Institute of Company Directors. Brian has extensive experience in the operation, design and construction of mines and process plants. Having worked for Rand Mines South Africa for 17 years on Harmony Gold, Durban Deep, ERPM and moved to Asia Pacific in 1993. Executive of Emperor mines prior to forming Westech International Sydney, working with small to medium mining companies resolving technical and operational problems and in the development, design and constructions of mine projects. Westech purchased the Emperor Mine Fiji that was closed in 2006 and reopened and put it back into production prior to listing in London and handing it to River Diamonds now Vatukoula Gold. Amelia Wesson Director/ VP Admin and Corporate- Principal of Westech who was instrumental in working with governments and staff to restructure the Vatukoula Mine from 2,200 staff to 700 and induct and retrain the staff. Amelia previously worked in companies servicing the large mines in South Africa giving her an excellent understanding of personnel and Administration. Bill Kable VP Technical (CGeol, BEcon, BComm, MAusIMM, SIA(Aff), MPESA) is an economic geologist with over 30 years experience in the minerals, oil and gas and broking industries. His specialisation is valuation and due diligence studies for public reports, corporate mergers, acquisitions and company floats. He has wide experience of projects throughout Australasia, Africa and South America. Mr Kable is the Principal of the mineral consulting firm Kable Resource Associates Pty Ltd (KRA) based in Sydney Australia, and is an Associate Consultant to the international consulting group Behre Dolbear Australia. Mr Shin Chief Operating Officer Korea – 25 year career in Korean Tungsten Corporation rising to an executive position in domestic and international marketing of Tungsten, based out of Europe. Mr Shin knows the mine the market and Tungsten making him a excellent manager. Mr Shin has access to all the technical staff that built the upgraded Korean Tungsten mine and APT plant. Having these skills available in Korea makes the redevelopment of Sangdong a very achievable task. 18

19.Woulfe listed TSX-V “WOF” Issued Shares : 183,408,493 Warrants : 58,875,000 Options : 7,450,000 Fully Diluted : 249,733,493 Previous raising : C$6.6 million Previous basis: 8 cents , ½ warrant at 12 cents Board changed control 18th Dec 09 Board reduced 8 to 5 with 3 new Directors CEO/ President Brian Wesson FAusIMM Current share price: C$0.21 Current market cap: C$38.5M Major Shareholders: Commonwealth Bank , Colonial First State (15.8%) Resinco (13.8%) Sim Jae Youl (11.3%) Vendor of project in Korea 19

20.Why Woulfe – Large asset with minimum of 15 years life. – Market cap C$38 million,
21 cents per share – Scoping study indicates a value at an 8% discount of NPV 462 million. – 183 million shares , equates to $2.50 per share, some 12 times the current share price. Noting that the Value resources are inferred and the scoping is typically within 30% the value still remains substantial. – Scoping only considered 45% of the inferred resource and diluted it by 15% at zero grade. – Scoping assumed new mine infrastructure and ignored all existing underground infrastructure – Current resource grades are considered conservative, drilling and block modelling has a potential produce an upgrade in grade as the level of confidence is improved. – Tungsten markets are tightening as China has restricted exports and imposed taxes. APT demand is Growth increasing and the supply side has barriers to development. Sangdong is well positioned to be the worlds next large tungsten mine as it has infrastructure and underground development in place. – Sangdong is well placed to be commissioned in 2013 which will coincide with the high tungsten prices as market friction and barriers that other projects have to development. 20

21.Investment Case  Diversified mining development company with exploration “blue sky” potential  Experienced management team  South Korea focus  Portfolio of quality assets:  Development stage Sangdong tungsten-molybdenum mine;  Development stage Muguk gold mine; AND  Exploration stage base metal and uranium properties.  Low operational risk  Low country risk 21

22.Fundraising  Woulfe is seeking to raise up to C$10m with a potential greenshoe of up to C$5m  The proceeds of the fundraising will be used for:  20,000 m drilling programme at Sangdong  Environmental Impact Statement well progressed and will be completed for Sangdong  Assess the condition of the Sangdong underground accesses and old workings  Conduct any dewatering, installation of services and stabilising works required @ Sangdong  Complete the Sangdong mine block model  Conduct trial mining and metallurgical test work @ Sangdong  Complete a Feasibility Study @ Sangdong  1,400 m drilling programme @ Muguk  Exploratory drilling to meet minimum work commitments to maintain its other licenses  The Fundraising is anticipated to close in late March / early April 22

23.www.woulfemining.com 23

Quelle:http://www.slideshare.net/objectivecapital/objective-capital…

[volvocb]

Antwort auf Beitrag Nr.: 41.240.538 von volvocb am 21.03.11 11:32:35

War jemannd auf der Invest in Stuttgart?


Ich konnte wegen Krankheit leider nicht den Wein probieren und Fragen stellen.

Mfg

[volvocb]

Antwort auf Beitrag Nr.: 41.240.575 von volvocb am 21.03.11 11:36:45

Woulfe Mining First New Drill Results from Sangdong

Press Release Source: Woulfe Mining Corp. On Tuesday April 19, 2011, 9:00 am EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF - News) announces drill results from the initial three underground holes of a 38 hole drilling program in progress at its Sangdong tungsten-molybdenum project in South Korea.

As previously announced, this drilling program is targeting the unmined ore in the upper portion of the mine. This Main Zone is made up of the inclined shaft, infrastructure pillars, the Hangingwall and Footwall Zones above the current water level. The tungsten-molybdenum mineralisation at Sangdong is hosted within three parallel, shallow-dipping skarn zones (Main, Hangingwall and Footwall) with a lateral extent of up to 1,200 metres along strike and 1,500 metres down dip.

Brian Wesson, CEO/President of Woulfe, commented from site in Korea that: "Spring has arrived and we are now working unhindered to achieve our goals of completing the drilling, mine plan, feasibility and detailed design this year. We are working on the geology and mining plan with personnel from Wardrop as we progress the project".

The central Main Zone, being high grade, was largely mined out during previous production apart from support pillars and protective areas around infrastructure mainly in the top and margins of the lodes. The overlying Hangingwall Zone and underlying Footwall Zone are largely intact. The National Instrument 43-101 resource estimate undertaken in early 2010 by Wardrop UK (a Tetra Tech Company) ("Wardrop") as part of the Scoping Study, totalling 103.2 million tonnes at 0.35% WO3 and 0.04% MoS2, based on a cut-off grade of 0.1% WO3, included only the Hangingwall and Footwall Zones.

Refer to press release titled "Woulfe Mining Corporation, Sangdong Project, Scoping Study", dated April 2010, by Wardrop, available on Woulfe's website, for further technical information on the project.

The large infrastructure protective pillar supporting hoist chambers, inclined shafts and the main haulage level which traverses the top of the mine and both flanks down-dip. There is very little historical drilling data within this pillar as it was not considered a potential source of ore. Woulfe now understands that the high grade Main Zone has only been partially mined within the upper portion of the mine. The objective of the current drilling program is to define the resources above the water level for feasibility reserve estimation and mine planning purposes.

The samples are prepared on-site in Korea to appropriate industry standards and sent to SGS Perth, Australia for analysis. Samples are analysed by Inductively Coupled Plasma Mass Spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or 4-acid digestion followed by ICP analysis. Molybdenum is analysed by X-ray fluorescence. The QA/QC protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

Further drilling results will be released on a regular basis as they are received now that all drilling, geology and sample preparation procedures are in place.

The initial three holes comprise:

WSDD0022A - Collar 4111472N, 485283E, Azimuth 166.3, Dip 50.3, Depth 55 metres, Target F/W WSDD0023A - Collar 4111479N, 485280E, Azimuth 363.4, Dip 32.6, Depth 152 metres, Target F/W WSDD0025A - Collar 4111506N, 485316E, Azimuth 342.2, Dip 0.5, Depth 18.1 metres, Test hole

The three holes reported here targeted the Footwall Zone. The Footwall Zone comprises a number of alteration zones separated by unaltered partings. Historical information indicates that the Footwall Zone has a lower average grade than both the Main and Hangingwall Zones. All three holes are located on the eastern margin of the skarn which historical information indicates as having a lower grade than the central zone. The reasons for testing the Footwall Zone on the margin of the skarn with the initial holes were due to access limitations and the ability to drill down-holes only at the start of the drilling program. These limitations have now been overcome and extensive drilling has now taken place across the entire area.

These initial results are encouraging since the holes were drilled on the margins of the skarn that historical information indicates as having a lower grade than new results show. WSDD0025A was a short test hole drilled to commission the underground electric rig. The other two holes were drilled using the air-powered Kempe rigs.

All significant drill intercepts, defined as any mineralisation of 1 metre lengths or longer, are presented in the following table. It should be noted that some of these intercepts are narrow and will almost certainly be less than the minimum mining width.

........
Tabelle fehlt


The full sample and assay results from which the above intercepts have been calculated are shown in the following table. Note that not all the samples are contiguous. Additional sampling is being undertaken where required and these results will be presented in future news releases.

.......
Tabelle fehlt

The test hole WSDD0025A was terminated at 18.1 metres in high grade mineralisation (last intersection 1.1 metres at 1.90% WO3) in what is interpreted to be the F1 Footwall vein immediately underlying the Main Zone. Further interpretation work is required to determine the Footwall veins intersected by holes WSDD0023A and WSDD0022A.

Woulfe is utilising seven rigs to accelerate the program to offset the delayed start due to restrictions caused by equipment delays and the severe winter. This includes four contract surface rigs, a contract underground machine and two Company-owned underground machines, mostly working around the clock. On the 12th April 2011, some 3000 metres of the 5000 metre drilling program (60%) had been achieved. The drilling is on track to be completed by the end of May and an updated NI 43-101 resource statement is to be published by end June to underpin the Feasibility Study.

Woulfe appointed Mr Don Smith in January as Manager Geology. Mr Smith is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience to conduct the drilling program and to manage the relevant geological, sampling and assaying processes. This news release has been reviewed and approved in the form and context in which it appears by Woulfe's Canadian-based geological advisor, Mr. Pat Stephenson, P.Geo, of AMC Mining Consultants (Canada) Ltd. Mr. Stephenson has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle: http://finance.yahoo.com/news/Woulfe-Mining-First-New-Drill-…

[oldman5089]

Woulfe Mining liefert erste Bohrergebnisse aus Sangdong Print articl Refer to a friend © Marketwire 2011
2011-04-20 08:04:11

ANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/20/11 --
Woulfe Mining Corp. ("Woulfe" oder das "Unternehmen") (TSX VENTURE: WOF)
gibt erste Ergebnisse aus drei Untertagebohrungen seines auf insgesamt 38
Bohrlöcher angelegten Bohrprogramms im Wolfram-Molybdän-Projekt des
Unternehmens in Sangdong in Südkorea bekannt.



Wie bereits mitgeteilt wurde, zielt das Bohrprogramm vor allem auf nicht
abgebaute Erzvorkommen im oberen Bereich der Mine ab. Diese Hauptzone
umfasst einen geneigten Schacht, Infrastruktur-Säulen, die Hangende- und
Liegende-Zone (Hangingwall- und Footwall-Zonen) über dem derzeitigen
Wasserspiegel. Die Wolfram-Molybdän-Mineralisierung in Sangdong befindet
sich in drei parallel verlaufenden, flach abfallenden Skarn-Zonen
(Hauptzone, Hängende, Liegende) mit einer seitlichen Ausdehnung von bis zu
1200 Metern entlang des Streichens und 1500 Metern in Abwärtsneigung.

Brian Wesson, CEO und Präsident von Woulfe, kommentierte die Ergebnisse vor
Ort in Korea: "Der Frühling ist da und wir können nun endlich ungehindert an
der Umsetzung unserer Ziele arbeiten, also das Bohrprogramm und den
Minenplan wie auch die Machbarkeitsstudie und ein detailliertes Design in
diesem Jahr abschließen. Wir arbeiten mit Fachkräften von Wardrop an den
geologischen Studien und dem Abbauplan, um das Projekt weiter
voranzutreiben".



Die zentral gelegene hochgradige Hauptzone wurde im früheren Förderbetrieb
umfassend abgebaut, einmal von den Stützsäulen und Schutzzonen in
Infrastrukturbereichen vorwiegend im oberen Bereich und an den Rändern von
Erzgängen abgesehen. Die darüber liegende Hangingwall-Zone und darunter
liegende Footwall-Zone sind weitgehend intakt. Die Anfang 2010 von Wardrop
UK (Tetra Tech Company) ("Wardrop") im Rahmen einer Scoping-Studie erstellte
NI-43-101-konforme Ressourcenschätzung führte insgesamt 103,2 Mio. Tonnen
mit 0,35% WO3 und 0,04% MoS2 an, wobei ein Cutoff-Gehalt von 0,1% WO3
zugrunde gelegt und nur die Hangingwall- und Footwall-Zonen berücksichtigt
wurden.



Zusätzliche technische Information zum Projekt finden Sie in der von Wardrop
erstellten Pressemitteilung mit dem Titel "Woulfe Mining Corporation,
Sangdong Project, Scoping Study" (April 2010), die auf der Woulfe-Website
verfügbar ist.





Die riesigen Infrastruktur-Schutzsäulen stützen Förderräume, Schrägschächte
und die Hauptfördersohle, die den oberen Bereich der Mine und beide Seiten
in Fallrichtung durchquert. Es liegen nur wenige historische Bohrdaten zu
dieser Säule vor, da sie nicht als potentielle Erzquelle betrachtet wurde.
Woulfe weiß nun, dass die hochgradige Hauptzone nur zum Teil im oberen
Bereich der Mine abgebaut wurde. Das laufende Bohrprogramm soll die
Ressourcen über dem Wasserspiegel bestimmen und Daten für eine
Reservenschätzung und Machbarkeitsstudie sowie für die bergbauliche Planung
liefern.



Die Proben werden vor Ort in Korea nach Branchenstandards vorbereitet und
zur Analyse an SGS Perth (Australien) geschickt. Die Proben werden mit
einer Massenspektrometrie mit induktiv gekoppeltem Plasma (ICP-MS)
analysiert und mittels 4-Säure- oder Königswasseraufschluss nach erzhaltigen
Mengen spezieller Elemente untersucht und dann einer ICP-Analyse unterzogen.
Molybdän wird im Rahmen einer Röntgenfluoreszenzspektroskopie analysiert.
Zur Qualitätssicherung und -kontrolle (QA/QC) werden jeder Charge von 20
Proben eine Standardprobe, eine Blindprobe (gemahlenes Glas) und ein
Pulpeduplikat beigefügt. Bisher liegen noch keine QA/QC-Ergebnisse vor.



Nachdem nun die Bohranlagen installiert und die geologischen und
Probevorbereitungsverfahren umgesetzt wurden, werden nun in regelmäßigen
Abständen weitere Bohrergebnisse veröffentlicht werden.



Bei den drei ersten Bohrungen handelt es sich um:

WSDD0022A - Collar 4111472N, 485283E, Azimut 166,3, Neigung 50,3,
Tiefe 55 Meter, Ziel F/W
WSDD0023A - Collar 4111479N, 485280E, Azimut 363,4, Neigung 32,6,
Tiefe 152 Meter, Ziel F/W
WSDD0025A - Collar 4111506N, 485316E, Azimut 342,2, Neigung 0,5,
Tiefe 18,1 Meter, Testbohrloch


Die drei hier angeführten Bohrungen hatten die Footwall-Zone im Hangenden
als Zielbereich. Die Footwall-Zone umfasst eine Reihe von Alterationszonen,
die durch nicht alterierte Zwischenschichten getrennt sind. Historischen
Daten legen nahe, dass der durchschnittliche Gehalt in der Footwall-Zone
niedriger ist als in der Hauptzone und in der Hangingwall-Zone. Alle drei
Bohrlöcher befinden sich an der östlichen Grenze des Skarn, der infolge
historischer Daten einen niedrigeren Gehalt aufweist als die Zentralzone.
Die Footwall-Zone am Rand des Skarns wurde mit den ersten Bohrungen
erkundet, da zu Beginn des Bohrprogramms der Zugang vor Ort eingeschränkt
war und nur Abwärtsbohrungen durchgeführt werden konnten. Diese Hindernisse
konnten inzwischen beseitigt werden und es werden nun umfassende
Bohrarbeiten im gesamten Gebiet durchgeführt.



Die ersten Bohrergebnisse sind vielversprechend, da die Bohrlöcher am Rand
des Skarns erstellt wurden und die jüngsten Bohrungen auf einen höheren
Gehalt hinweisen als die historischen Daten. Bei WSDD0025A handelt es sich
um eine kurze Testbohrung zur Inbetriebnahme der elektrischen
Untertage-Bohranlage. Die anderen beiden Bohrlöcher wurden mit
Kempe-Pressluftbohranlagen erstellt.



In der folgenden Tabelle werden alle bedeutenden Bohrabschnitte mit
Mineralisierungen von mindestens 1 Meter Länge angeführt. Dabei ist zu
beachten, dass einige dieser Abschnitte sehr schmal sind und die
erforderliche Mindest-Mächtigkeit mit großer Wahrscheinlichkeit nicht
erreichen werden.

--------------------------------------------------------------------------
Tatsächliche Mächtigkeit Gehalt Gehalt
Bohrloch Nr. Abschnitt (m) Länge (m) (m) (%WO3) (%MoS2)
--------------------------------------------------------------------------
WSDD0025A 8,0-18,1 10,1 3,64 0,51 0,04
--------------------------------------------------------------------------
einschließlich 13,0-18,1 5,1 1,84 0,88 0,06
--------------------------------------------------------------------------
WSDD0023A 98,7-100,0 1,3 0,69 0,54 0,00
--------------------------------------------------------------------------
WSDD0023A 119,0-120,0 1,0 0,53 0,42 0,04
--------------------------------------------------------------------------
WSDD0023A 130,5-133,0 2,5 1,33 0,83 01,0
--------------------------------------------------------------------------
einschließlich 130,5-131,5 1,0 0,53 1,70 0,06
--------------------------------------------------------------------------
WSDD0023A 144,0-146,0 2,0 1,06 2,42 0,08
--------------------------------------------------------------------------
WSDD0022A 40,5-47,8 7,3 6,13 0,38 0,03
--------------------------------------------------------------------------
einschließlich 45,5-47,8 2,3 1,93 0,94 0,03
--------------------------------------------------------------------------
Anmerkung: Zur Berechnung der Abschnitte wurde ein Cutoff-Grad von
0,1% WO3 verwendet.


Die vollständigen Proben- und Analyse-Ergebnisse, auf deren Grundlage die
obigen Abschnitte berechnet wurden, sind in der folgenden Tabelle angeführt.
Beachten Sie bitte, dass nicht alle Proben aneinander anliegen. Falls
erforderlich werden weitere Proben entnommen und die entsprechenden
Ergebnisse in künftigen Pressemitteilungen veröffentlicht werden.
###PRECONTENT2###
Das Testbohrloch WSDD0025A wurde bei einer Bohrtiefe von 18,1 Metern in
einer hochgradigen Mineralisierung (letzter Bohrabschnitt mit 1,1 Metern und
1,90% WO3) abgeschlossen. Es wird davon ausgegangen, dass es sich dabei um
die F1-Footwall-Ader handelt, die direkt unter der Hauptzone liegt. Es sind
noch weitere Auswertungen erforderlich, um die Footwall-Adern zu bestimmen,
die mit den Bohrungen WSDD0023A und WSDD0022A durchteuft wurden.



Woulfe setzt derzeit sieben Bohrvorrichtungen ein, um die
Programmdurchführung zu beschleunigen, da sich der Start der Bohrungen
aufgrund verspäteter Maschinenlieferungen und schlechter klimatischer
Bedingungen verzögerte. Zu den Bohrvorrichtungen gehören vier
Übertage-Bohranlagen und eine Untertage-Bohranlage von Subunternehmen sowie
zwei firmeneigene Bohranlagen, die meist rund um die Uhr im Einsatz sind.
Bis zum 12. April 2011 konnten bereits 60% (3000 Meter) des insgesamt auf
5000 Meter angelegten Bohrprogramms durchgeführt werden. Die Bohrarbeiten
sollen planmäßig bis Ende Mai abgeschlossen werden und bis Ende Juni soll
eine aktualisierte, NI 43-101-konforme Ressourcenschätzung veröffentlicht
werden, welche die Machbarkeitsstudie untermauern soll.



Woulfe berief Don Smith im Januar als Manager für den Bereich Geologie.
Smith ist Mitglied des Australasian Institute of Mining and Metallurgy und
verfügt über die erforderliche Erfahrung, um das Bohrprogramm zu leiten und
die entsprechenden geologischen Verfahren und die Prozesse zur
Probenentnahme und Probenanalyse zu beaufsichtigen. Diese Pressemitteilung
wurde in der vorliegenden Form und Inhalt von Pat Stephenson (P.Geo)
überprüft und genehmigt. Stephenson arbeitet für das in Kanada ansässige
Unternehmen AMC Mining Consultants (Canada) Ltd und ist der geologische
Berater von Woulfe in Kanada. Stephenson verfügt über die erforderlichen
Qualifikationen und ausreichend Erfahrung, um als "Qualified Person" die
Verantwortung für die Berichterstattung hinsichtlich der
Explorationsergebnisse in der Sangdong-Lagerstätte zu übernehmen.



In Vertretung des Vorstands:



Woulfe Mining Corp.



Brian Wesson (FAusIMM), Präsident, CEO und Geschäftsführer



Über Woulfe Mining Corp.



Woulfe Mining Corp. ist ein an der TSX-V notiertes Unternehmen, das ein
diversifiziertes Portfolio mit Abbaugenehmigungen für Wolfram, Molybdän,
Gold, unedle Metalle, Uran und Vanadium in Südkorea besitzt.



Zu den aktuellen Projekten des Unternehmens gehören das
Wolfram-Molybdän-Bergwerk in Sangdong, das in der Vergangenheit zu den
weltweit größten Wolfram-Minen zählte, sowie die Muguk-Goldsilbermine, die
früher die größte Goldmine in Südkorea war. Daneben besitzt das Unternehmen
noch eine Reihe von Liegenschaften mit bedeutenden bekannten
Mineralisierungen und ausgezeichnetem regionalen Potenzial.



Woulfe ist sehr zuversichtlich, dass kurzfristig eine kostengünstige
Produktion möglich ist. Das Unternehmen verfügt über einen sehr erfahrenen
Firmenvorstand und baute vor Ort ein hochqualifiziertes Team mit
zweisprachigen Fachkräften auf.



Zukunftsgerichtete Aussagen und Informationen basieren naturgemäß auf
Annahmen und beinhalten bekannte und unbekannte Risiken, Unabwägbarkeiten
und andere Faktoren, die dazu führen können, dass die tatsächlichen
Ergebnisse und Leistungen des Unternehmens deutlich von den künftigen
Ergebnissen und Leistungen abweichen, die in den zukunftsorientierten
Aussagen und Informationen explizit oder implizit enthalten sind. Wir haben
gewisse Annahmen zu den zukunftsgerichteten Aussagen und Informationen
gemacht und obgleich die Firmenleitung der Überzeugung ist, dass die in
diesen Aussagen und Informationen enthaltenen Annahmen und Erwartungen
begründet sind, besteht keine Gewissheit, dass sich die zukunftsgerichteten
Aussagen und Informationen tatsächlich als zutreffend erweisen werden.
Sollten ein oder mehrere Risiken, Unabwägbarkeiten oder andere Faktoren
tatsächlich eintreten oder sollten sich die zugrundeliegenden Annahmen als
unzutreffend erweisen, kann dies dazu führen, dass die tatsächlichen
Ergebnisse deutlich von den in den zukunftsgerichteten Aussagen und
Informationen genannten Ergebnissen abweichen. Zu diesen Risiken,
Unabwägbarkeiten und sonstigen Faktoren zählen unter anderem: Volatilität
bei Rohstoffpreisen; Diskrepanzen zwischen den tatsächlichen und den
geschätzten Werten hinsichtlich Produktion, Mineralreserven,
Mineralressourcen und metallurgischer Ausbeutung; Risiken in der operativen
Durchführung und Entwicklung von Bergbauprojekten; Risiken aus
Rechtsstreitigkeiten; aufsichtsrechtliche Beschränkungen wie z.B.
Umweltauflagen und Umwelthaftung; Risiken hinsichtlich staatlicher
Investitionen; Währungsschwankungen; spekulativer Charakter der
Mineralexploration; internationales Wirtschaftsklima; Verwässerung des
Aktienkapitals; Aktienkursschwankungen; Wettbewerb; Verlust wichtiger
Mitarbeiter; zusätzliche Finanzierungsanforderungen.



Es besteht keine Gewissheit, dass sich diese zukunftsgerichteten Aussagen
oder Informationen als zutreffend erweisen werden, da die tatsächlichen
Ergebnisse und zukünftigen Ereignisse deutlich von jenen abweichen können,
die in diesen Aussagen vorausgesetzt wurden. Folglich sollten die Leser die
in dieser Mitteilung enthaltenen zukunftsgerichteten Aussagen oder
Informationen mit der erforderlichen Vorsicht bewerten. Sofern gesetzlich
nicht anderweitig angeordnet, beabsichtigt das Unternehmen nicht,
zukunftsgerichtete Aussagen oder Informationen aufgrund veränderter
Bedingungen kontinuierlich zu aktualisieren. Für umfassende
Detailinformation zu den Geschäftstätigkeiten des Unternehmens wird hier auf
die Berichte verwiesen, die das Unternehmen bei den zuständigen
Aufsichtsbehörden einreicht.



Weder die TSX Venture Exchange noch die zuständige Regulierungsstelle (gemäß
der Definition in den Richtlinien der TSX Venture Exchange) übernehmen für
die Angemessenheit oder Fehlerfreiheit dieser Veröffentlichung die
Verantwortung.






Kontakt:
Renmark Financial Communications
Barbara Komorowski
Tel.: [phone]
bkomorowski@renmarkfinancial.
com :

Nicola Street Capital
Nick Smith
Mobiltelefon: [phone]
[e-mail]<
/a>

Woulfe Mining Corp.
Verwaltungssitz
[phone]
[phone] (FAX)
[e-mail] :
www.woulfemining.com :

[volvocb]

Antwort auf Beitrag Nr.: 41.391.135 von volvocb am 19.04.11 20:11:51

Standard & Poor's Initiates Factual Stock Report Coverage on Woulfe Mining Corp.


Quelle: http://www.finanznachrichten.de/nachrichten-2011-05/20100973…

Quelle: http://reports.standardandpoors.com/aidata/maccess/pdf/98212…

[volvocb]

Antwort auf Beitrag Nr.: 41.446.199 von volvocb am 03.05.11 17:53:18

May 10, 2011 09:00 ET

Woulfe Mining Corp.: Encouraging Drilling Results Reported at Sangdong


VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 10, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) announces drill results for the second batch of samples from the drilling program in progress at its Sangdong tungsten-molybdenum project in South Korea. These results are similar to or above the average grade estimated in the Scoping Study produced by Wardrop (a Tetra Tech Company) UK in 2010.

As previously announced, this drilling program is targeting the unmined ore in the upper section of the mine above the current water level for feasibility reserve estimation and mine planning purposes. The tungsten-molybdenum mineralisation at Sangdong is hosted within three parallel, shallow-dipping skarn veins (Main, Hangingwall and Footwall) with a lateral extent of up to 1,200 metres along strike and 1,500 metres down dip.

With the initial drilling program comprising 38 holes now essentially complete, Woulfe has released three of the surface rigs, with one surface rig and three underground rigs operating. Several additional holes have been proposed based on results to date, and drilling will continue during May. An updated NI 43-101 resource statement is scheduled to be published by end June to underpin the Feasibility Study.

Results will be released on a regular basis as they are received over the next few weeks.

The second batch of samples are from the following three holes:

WSDD0022A - Collar 4111472N, 485283E, Azimuth 166.3, Dip -50.3, Depth 55m, Target F/W

WSDD0025 - Collar 4111506N, 485316E, Azimuth 337, Dip +8, Depth 90m, Target H/W

WSDD0010 - Collar 4111545N, 485119E, Azimuth 298, Dip -21, Depth 168m, Target F/W

Tabelle fehlt! ....

Note: a cut-off of 0.15% WO3was used for the intersection calculations


All significant drill intercepts, defined as any mineralisation of 1 metre lengths or longer, are presented in the table above. It should be noted that some of these intercepts are narrow and will almost certainly be less than the minimum mining width.

Two holes reported here targeted the Footwall Vein, with the third hole (WSDD0025) designed to pass through the area outside the Main Vein towards the Hangingwall Vein. The Footwall Vein comprises a number of alteration veins separated by unaltered partings. Holes WSDD0022A and WSDD0025 are located on the eastern margin of the skarn which historical information indicates as having a lower grade than the central area.

Noted is that the results from the above holes including the test hole for vein configuration are similar to or above the average grade estimated by Wardrop in the Scoping Study. The National Instrument 43-101 resource estimate undertaken in early 2010 by Wardrop (a Tetra Tech Company) UK as part of the Scoping Study, totalled 103.2 million tonnes at 0.35% WO3 and 0.04% MoS2, based on a cut-off grade of 0.1% WO3, and included only the Hangingwall and Footwall Veins. Refer to "Woulfe Mining Corporation, Sangdong Project, Scoping Study", dated April 2010, by Wardrop, a Tetra Tech company, UK office, available on Woulfe's website, for further technical information on the project.

Hole WSDD0022A was drilled at a dip of 55 degrees to the south to test the Footwall Vein with a proposed length of 54 metres. Results to 49.0 metres were reported in the first release on April 19th 2011, with an intersection of 7.3 metres (true width of 6.1 metres) with an average grade of 0.38% WO3 from 40.5 to 47.8 metres. With all assays now available, this intersection has been extended to 54.5 metres, with a true width of 11.8 metres averaging 0.33% WO3, with the intersection from 44.5 to 54.5 metres averaging 0.42% WO3 over a true thickness of 8.4 metres. This is considered a very encouraging result for the Footwall Vein on the eastern margin of the deposit.

Hole WSDD0025 was drilled at an incline of 8 degrees in a northerly direction and was designed to pass through the Hangingwall contact of the Main Vein and test the parting between the Main and Hangingwall Veins, in which fault structures have been interpreted. Although it was planned to intersect the Hangingwall Vein, it did not encounter mineralisation beyond the Main Zone to the proposed depth of 89 metres. Further interpretation is required in this area.

Hole WSDD10 was drilled at a dip of 21 degrees in a westerly direction to test the Footwall Vein along strike beyond the rehabilitated development limit. This hole intersected 30.0 metres (true width 9.6 metres) with an average grade of 0.55% WO3, confirming the excellent width and grade of the Footwall Vein encountered in WSDD22A.

The full sample and assay results from which the above intercepts have been calculated are shown in the following table. Note that not all the samples are contiguous, including a 3.0 metre gap between 72.0 to 75.0 metres in hole WSDD0010. Once these assay results are available, the Footwall Vein is likely to extend from 70 to 106 metres (true width 11.5 metres). Additional sampling is being undertaken where required and these results will be presented in future news releases.

Tabelle fehlt! ....

The samples are prepared on-site in Korea to appropriate industry standards and sent to SGS Perth, Australia for analysis. Samples are analysed by Inductively Coupled Plasma Mass Spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or 4-acid digestion followed by ICP analysis. Molybdenum is analysed by X-ray fluorescence. The QA/QC protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Mr Paul Gribble FIMMM, C.Eng, of Wardrop who are working with Woulfe on the Sangdong studies. Mr Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle: http://www.marketwire.com/press-release/woulfe-mining-corp-e…

[GR11]

News Releases << Previous | Next >>



Woulfe Mining Corp.: Sangdong Progress Report5/11/2011 9:00:14 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, May 11, 2011 (Marketwire via COMTEX News Network) --
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) is pleased to provide an update on the feasibility study in progress on its Sangdong tungsten-molybdenum project in South Korea. The feasibility study is being undertaken by Wardrop (a Tetra Tech Company) UK. The structural design of crushing and grinding areas are well advanced and the process plant position has been locked in which will allow the civil design work to commence. The 5,000 metre drilling program announced in late 2010 has been completed and the results are being analysed, with a follow-up Phase 2 program proposed.

The detailed structural engineering design of the process plant is being undertaken by Contromation Energy Services of Jakarta in conjunction with Woulfe and Wardrop engineering. Representatives of Contromation visited Sangdong in April to inspect the site and discuss the plans with a Korean counterpart who will review the drawings for conformity with Korean design standards.

The civil design work will now commence. A geotechnical drilling proposal for the site has been prepared and a drilling rig utilised during the surface drilling campaign is on stand-by to undertake the geotechnical drilling. A Wardrop geotechnical/t

[GR11]

News Releases << Previous | Next >>



Woulfe Mining Corp.: Sangdong Progress Report
5/11/2011 9:00:14 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, May 11, 2011 (Marketwire via COMTEX News Network) --
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) is pleased to provide an update on the feasibility study in progress on its Sangdong tungsten-molybdenum project in South Korea. The feasibility study is being undertaken by Wardrop (a Tetra Tech Company) UK. The structural design of crushing and grinding areas are well advanced and the process plant position has been locked in which will allow the civil design work to commence. The 5,000 metre drilling program announced in late 2010 has been completed and the results are being analysed, with a follow-up Phase 2 program proposed.

The detailed structural engineering design of the process plant is being undertaken by Contromation Energy Services of Jakarta in conjunction with Woulfe and Wardrop engineering. Representatives of Contromation visited Sangdong in April to inspect the site and discuss the plans with a Korean counterpart who will review the drawings for conformity with Korean design standards.

The civil design work will now commence. A geotechnical drilling proposal for the site has been prepared and a drilling rig utilised during the surface drilling campaign is on stand-by to undertake the geotechnical drilling. A Wardrop geotechnical/tailings specialist will be on site for a week during May to review the surface geotechnical program for both the plant site and the site of a proposed tailings dam. With respect to tailings, Woulfe's preference is to cement-fill the underground cavities, however, there may be a requirement for some surface storage facility particularly in the initial years.

The Phase 1 drilling program is now largely complete and the core is being logged and sampled, and the analytical results will be made available progressively. The results of the first two sample batches have been released to the market, and the results generally have been highly encouraging. It was anticipated that the high grade area of the Main Zone would be unmined in places and this has been confirmed with several holes intersecting this zone. As a result, a second phase of drilling is proposed to further define the remnant Main Zone, and also to confirm historical drill results for the Hangingwall Zone. The main vein was not included in the scoping study completed April 2010.

Brian Wesson, CEO/President of Woulfe, commented, "We have an experienced team on the ground in Korea who have opened the underground and have caught up delays over Christmas and New Year. Wardrop and Woulfe are working on the resource model for the infrastructure pillar targeting an updated NI43-101 mid year. The resource model update is needed to underpin the feasibility study due in the latter part 2011."

The information described in this news release, has been reviewed and approved by Paul Gribble FIMMM C.Eng of Wardrop UK, a Qualified Person under National Instrument 43-101.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

About Woulfe Mining Corp.

Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals and uranium-vanadium in South Korea.

The company's current projects include the Sangdong tungsten-molybdenum mine, historically, one of the largest tungsten mines in the world; the Muguk gold-silver mine, formerly South Korea's largest gold mine, as well as a number of other properties with significant known mineralization and excellent regional exploration potential.

Woulfe has high expectations for near-term, low-cost production. The company has assembled a highly skilled, in-country, bilingual technical team and a board of directors with an outstanding track record of success.

Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information and even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the following: commodity price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; mining operational and development risk; litigation risks; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; currency fluctuations; speculative nature of mineral exploration; global economic climate; dilution; share price volatility; competition; loss of key employees; additional funding requirements.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the appropriate regulatory authorities.

SOURCE: Woulfe Mining Corp.

Renmark Financial Communications Barbara Komorowski [phone] [e-mail] Nicola Street Capital Nick Smith [phone] [e-mail] Woulfe Mining Corp. Administration Office [phone] [phone](FAX) [e-mail] www.woulfemining.com

Copyright (C) 2011 Marketwire. All rights reserved.

[volvocb]

Antwort auf Beitrag Nr.: 41.484.863 von volvocb am 11.05.11 13:14:55

Sangdong-Projekt vor


© Marketwire 2011
11.05.2011 21:13:16 -

(live-PR.com) -
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/11/11 --
Woulfe Mining Corp. ("Woulfe" oder das "Unternehmen") (TSX VENTURE: WOF) gibt aktualisierte Daten zur Machbarkeitsstudie bekannt, die das Unternehmen derzeit für sein Wolfram-Molybdän-Projekt in Sangdong (Südkorea) erstellen lässt. Die Machbarkeitsstudie wird von der britischen Niederlassung von Wardrop (einem Tetra Tech-Unternehmen) erstellt. Die strukturellen Entwürfe für die Aufbereitungsbereiche (Zerkleinerungs- und Mahlanlagen) sind bereits weit fortgeschritten und die Position der Verarbeitungsanlage wurde festgelegt, womit die bautechnischen Planungsarbeiten beginnen können. Das Ende 2010 angekündigte 5000-Meter-Bohrprogramm wurde inzwischen abgeschlossen und die gewonnenen Proben analysiert. Zudem besteht ein Vorhaben für ein nachfolgendes Phase-2-Bohrprogramm.



Der detaillierte strukturelle Konstruktionsentwurf für die Aufbereitungsanlage wird von Contromation Energy Services aus Jakarta in Zusammenarbeit mit Woulfe und Wardrop Engineering erstellt. Mitarbeiter von Contromation besuchten Sangdong im April, um das Projekt zu inspizieren und Besprechungen mit einem koreanischen Partner durchzuführen, der die Pläne auf die Einhaltung koreanischer Konstruktionsvorschriften überprüfen wird.





Die Bauplanungsarbeiten werden nun eingeleitet. Ein Vorschlag für geotechnische Bohrungen wurde bereits erstellt und eine Bohrvorrichtung, die im Rahmen des Übertage-Bohrprogramms eingesetzt wurde, ist einsatzbereit vor Ort vorhanden, um die geotechnischen Bohrungen auszuführen. Ein Experte für Geotechnik und Aufbereitungsanlagen von Wardrop wird im Mai für eine Woche vor Ort sein, um die geotechnischen Übertage-Bohrungen zu begleiten, die im Bereich der Aufbereitungs- und der Absetzanlage durchgeführt werden sollen. Hinsichtlich des Abraums bevorzugt Woulfe derzeit ein Vorgehen, das auf das Auffüllen und Zementieren von Hohlräumen untertage setzt, allerdings könnte vor allem in den ersten Jahren auch Bedarf an Halden zur Übertage-Lagerung bestehen.



Das Phase-1-Bohrprogramm ist weitgehend abgeschlossen und der Bohrkern wird derzeit protokolliert und in Abschnitte zerlegt. Die Ergebnisse der Probeanalysen werden schrittweise bekanntgegeben. Die Ergebnisse der ersten beiden Proben-Chargen wurden bereits veröffentlicht und die Ergebnisse waren sehr vielversprechend. Die Annahme, dass hochgradige Bereiche in der sogenannten Main Zone stellenweise noch nicht abgebaut wurden, konnten mit mehreren Bohrlöchern in dieser Zone bestätigt werden. Als Folge davon wurde ein Phase-2-Bohrprogramm vorgeschlagen, um die verbleibende Main Zone weiter abgrenzen zu können und die historischen Bohrergebnisse für die Hangingwall Zone zu bestätigen. Die Hauptader wurde in der Scoping-Studie vom April 2010 nicht berücksichtigt.



Brian Wesson, CEO und Präsident von Woulfe, kommentierte: "Wir haben vor Ort in Korea ein sehr erfahrenes Team, das den Untertagebereich geöffnet und die Verzögerungen über Weihnachten und Neujahr wieder gutgemacht hat. Wardrop und Woulfe arbeiten zudem an dem Ressourcenmodell für die Bestimmung der Infrastruktur-Bergfeste und beabsichtigen, bis Mitte des Jahres einen aktualisierten NI-43-101-Bericht vorlegen zu können. Das aktualisierte Ressourcenmodell wird zur Stützung der Machbarkeitsstudie benötigt, die bis Ende 2011 fällig ist."



Die in dieser Pressemitteilung enthaltenen Informationen wurden von Paul Gribble (FIMMM, C.Eng) von Wardrop UK überprüft und bestätigt. Gribble ist eine "Qualified Person" gemäß National Instrument 43-101.



In Vertretung des Vorstands:



Woulfe Mining Corp.



Brian Wesson (FAusIMM), Präsident, CEO und Geschäftsführer



Über Woulfe Mining Corp.



Woulfe Mining Corp. ist ein an der TSX-V notiertes Unternehmen, das ein diversifiziertes Portfolio mit Abbaugenehmigungen für Wolfram, Molybdän, Gold, unedle Metalle, Uran und Vanadium in Südkorea besitzt.



Zu den aktuellen Projekten des Unternehmens gehören das Wolfram-Molybdän-Bergwerk in Sangdong, das in der Vergangenheit zu den weltweit größten Wolfram-Minen zählte, sowie die Muguk-Goldsilbermine, die früher die größte Goldmine in Südkorea war. Daneben besitzt das Unternehmen noch eine Reihe von Liegenschaften mit bedeutenden bekannten Mineralisierungen und ausgezeichnetem regionalen Potenzial.



Woulfe ist sehr zuversichtlich, dass kurzfristig eine kostengünstige Produktion möglich ist. Das Unternehmen verfügt über einen sehr erfahrenen Firmenvorstand und baute vor Ort ein hochqualifiziertes Team mit zweisprachigen Fachkräften auf.

.....

Quelle: http://www.live-pr.com/woulfe-mining-corp-legt-fortschrittsb…

[volvocb]

Antwort auf Beitrag Nr.: 41.493.748 von volvocb am 12.05.11 18:36:40

Woulfe Mining: Bohrungen bestätigen hohen Gehalt in der Main Zone des Sangdong-Projekts

18.05.2011 | 20:04 Uhr | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/18/11 -- Woulfe Mining Corp. ('Woulfe' oder das 'Unternehmen') (TSX VENTURE: WOF) gibt die Ergebnisse des dritten Probensatzes des Bohrprogramms in seinem Wolfram-Molybdän-Projekt in Sangdong (Südkorea) bekannt. Von den sieben hier angeführten Bohrungen durchdrangen eine die Main Zone und vier durchbohrten die Footwall Zone. Die beiden anderen Bohrlöcher haben ihr Ziel aufgrund der weiter unten erläuterten Gründe nicht erreicht. Die Durchbohrung der Hauptader übertraf die Erwartungen mit einer tatsächlichen Mächtigkeit von 18,3 Metern und einem durchschnittlichen Gehalt von 0,91% WO3.

Brian Wesson, CEO von Woulfe Mining, erklärte dazu: 'Der hohe Gehalt und die große, durch diese Bohrungen bestätigte Durchteufung sind umso bedeutender, als keines der Haupterzvorkommen als Ressource in der Scoping-Studie berücksichtigt worden war. Die Bohrungen konzentrierten sich auf drei Erzzonen oberhalb des Talbodens, den wir für eine frühzeitige kostengünstige Förderung in den ersten 10 Jahren ins Auge gefasst hatten.'

Wie bereits angekündigt konzentriert sich das Bohrprogramm im Rahmen der Bergbauplanung und der Reservenschätzung für die Machbarkeitsstudien nun auf die bergbaulich nicht erschlossene Mineralisierung im oberen Abschnitt der Mine oberhalb des jetzigen Grundwasserspiegels. Die Wolfram-Molybdän-Mineralisierung in Sangdong befindet sich in drei parallel verlaufenden, flach abfallenden Skarn-Zonen (Hauptzone, Hängende, Liegende) mit einer seitlichen Ausdehnung von bis zu 1200 Metern entlang des Streichens und 1500 Metern in Abwärtsneigung.

Das anfängliche Bohrprogramm mit ca. 40 Bohrlöchern ist abgeschlossen und eine zweite Bohrprogrammphase läuft bereits. Die elektrische Bohrvorrichtung arbeitet am Sangdong Level und bohrt Aufwärtsbohrlöcher in allen drei Adern. Die beiden Kempe-Druckluftbohrgeräte werden zum 1-Level verbracht, sobald die Zugangsvoraussetzungen geschaffen sind, und sollen sich auf die Hangingwall Zone konzentrieren.

Der dritte Probensatz stammt aus den sieben Bohrlöchern und Infill-Proben von allen bisher berichteten Bohrlöchern zwischen den Mineralisierungszonen innerhalb der Schieferumgebung. Die Infill-Proben sind im Wesentlichen taub, sie tragen aber zur Vervollständigung des Analyseberichts über die gesamte Mineralisierungszone bei.

WSDD0015 - Rohrmuffe 4111544N, 485120E, Azimut 35.9, Neigung +3, Tiefe 90m, Ziel Main

WSDD0005 - Rohrmuffe 4111485N, 485134E, Azimut 22, Neigung -34, Tiefe 111m, Ziel F/W

WSDD0004 - Rohrmuffe 4111485N, 485132E, Azimut 204, Neigung -37, Tiefe 40m, Ziel F/W

WSDD0016 - Rohrmuffe 4111544N, 485120E, Azimut 219, Neigung -45, Tiefe 73m, Ziel F/W

WSDD0009 - Rohrmuffe 4111545N, 485119E, Azimut 284, Neigung -38, Tiefe 101m, Ziel F/W

WSDD0023 - Rohrmuffe 4111479N, 485280E, Azimut 358, Neigung -32, Tiefe 57m, Ziel F/W

WSDD0019 - Rohrmuffe 4111479N, 485280E, Azimut 171, Neigung +18, Tiefe 101m, Ziel F/W

Das Bohrloch WSDD0015 wurde mit 3° nordöstlicher Neigung gebohrt, um die Main Zone und die Hangingwall Zone mit einer geplanten Länge von 140 Metern zu testen. Dieses Bohrloch bestätigt, dass die Main Zone oberhalb des Sangdong Level ca. 400 Meter nach innen vom östlichen Rand aus nicht abgebaut ist. Die Durchteufung beträgt 39,0 Meter (echte Mächtigkeit 18,3 Meter) mit einem durchschnittlichen Gehalt von 0,91% WO3 zwischen 14,0 und 53,0 Metern, einschließlich 19,3 Meter (echte Mächtigkeit 9,1 Meter) mit einem Gehalt von 1,37% WO3 zwischen 19,7 und 39,0 Metern. Bei 89,9 Metern im Liegenden der Hangingwall Zone wurde eine Verwerfungszone durchbohrt und das Bohrloch aufgelassen. Die Durchteufung zwischen 88,2 und 88,7 Metern ergab einen Gehalt von 3,29% WO3.

Das Bohrloch WSDD0016 wurde mit 45° in südwestlicher Neigung gebohrt, um die Footwall Zone zu testen. Dieses Bohrloch durchstieß zwei Sohlenzonen, die 15 Meter echter Weite auseinander gelegen sind. Die erste Durchteufung war 9,9 Meter (echte Mächtigkeit 9,2 Meter) mit einem durchschnittlichen Gehalt von 0,55% WO3 zwischen 26,1 und 36,0 Metern, und die zweite von 4,1 Metern (echte Mächtigkeit 3,8 Meter) mit einem durchschnittlichen Gehalt von 0,34% zwischen 52,4 bis 56,5 Metern.

Das Bohrloch WSDD0005 wurde mit 34° in nord-nordöstlicher Neigung gebohrt, um die Footwall Zone zu testen. Das Bohrloch durchstieß 51,5 Meter (echte Mächtigkeit 7,7 Meter) mit einem durchschnittlichen Gehalt von 0,39% WO3 zwischen 36,0 und 87,5 Metern.

Das Bohrloch WSDD0004 wurde mit 37° in süd-südwestlicher Neigung gebohrt, um die Footwall Zone zu testen. Das Bohrloch durchstieß 15,0 Meter (echte Mächtigkeit 13,4 Meter) mit einem durchschnittlichen Gehalt von 0,36% WO3 zwischen 10,0 und 25,0 Metern.

Das Bohrloch WSDD0009 wurde mit 38° in westlicher Neigung entlang der Mineralisierungsstrecke gebohrt, um die Footwall Zone jenseits der renaturierten Entwicklungsgrenze zu testen. Das Bohrloch durchstieß 23,5 Meter (echte Mächtigkeit 5,2 Meter) mit einem durchschnittlichen Gehalt von 0,26% WO3 zwischen 43,0 und 66,5 Metern.

Das Bohrloch WSDD0019 sollte mit 18° in nördlicher Neigung gebohrt werden, um die Main Zone zu testen. Es wurde aber unbeabsichtigt in südliche Richtung parallel zum Erzkörper gebohrt und stieß auf keine signifikante Mineralisierung. Das Bohrloch WSDD0023 wurde mit 32° in nördliche Richtung gebohrt, um die Footwall Zone zu testen. Es stieß bei 57 Metern vor Erreichen des Ziels auf schlechte Bergbedingungen und wurde aufgelassen. Ersetzt wurde es durch Bohrloch WSDD0023A, das mit dem Elektrobohrgerät gebohrt wurde.


----------------------------------------------------------------------------
Echte
Intervall Länge Mächtigkeit Gehalt Gehalt
Loch-Bez. (m) (m) (m) (%WO3) (%MoS2) Zone
----------------------------------------------------------------------------
WSDD0015 14,0-53,0 39,00 18,3 0,91 0,07 Main
----------------------------------------------------------------------------
einschließlich 14,0-16,0 2,00 0,9 1,83 0,04 Main
----------------------------------------------------------------------------
einschließlich 19,7-39,0 9,30 9,1 1,37 0,08 Main
----------------------------------------------------------------------------
einschließlich 40,0-46,0 6,00 2,8 0,55 0,08 Main
----------------------------------------------------------------------------
einschließlich 49,0-53,0 4,00 1,9 0,33 0,04 Main
----------------------------------------------------------------------------
WSDD0005 36,0-87,5 51,50 7,7 0,39 0,03 Footwall
----------------------------------------------------------------------------
einschließlich 36,0-62,5 26,50 4,0 0,48 0,05 Footwall
----------------------------------------------------------------------------
WSDD0004 10,0-25,0 15,0 13,4 0,36 0,04 Footwall
----------------------------------------------------------------------------
einschließlich 10,0-12,5 2,5 2,2 0,72 0,01 Footwall
----------------------------------------------------------------------------
WSDD0016 26,1-36,0 9,90 9,2 0,55 0,02 Footwall
----------------------------------------------------------------------------
WSDD0016 52,4-56,5 4,10 3,8 0,34 0,01 Footwall
----------------------------------------------------------------------------
WSDD0009 43,0-66,5 23,50 5,2 0,26 0,02 Footwall
----------------------------------------------------------------------------


Anmerkung: Zur Berechnung der Abschnitte wurde ein Cutoff-Grad von 0,15% WO3 verwendet.

In der obigen Tabelle werden bedeutende Bohrabschnitte mit Mineralisierungen von mindestens einem Meter Länge angeführt. Die vollständigen Proben- und Analyse-Ergebnisse, auf deren Grundlage die obigen Abschnitte berechnet wurden, sind auf der Website des Unternehmens verfügbar. Wie bereits erwähnt, enthält diese Tabelle auch die Infill-Proben von früher berichteten Bohrlöchern innerhalb der nicht mineralisierten Zone zwischen den Mineralisierungszonen.

Die Proben werden vor Ort in Korea nach Branchenstandards vorbereitet und zur Analyse an SGS Perth (Australien) geschickt. Die Proben werden mit einer Massenspektrometrie mit induktiv gekoppeltem Plasma (ICP-MS) analysiert und mittels 4-Säure- oder Königswasseraufschluss nach erzhaltigen Mengen spezieller Elemente untersucht und dann einer ICP-Analyse unterzogen. Molybdän wird im Rahmen einer Röntgenfluoreszenzspektroskopie analysiert. Zur Qualitätssicherung und -kontrolle (QA/QC) werden jeder Charge von 20 Proben eine Standardprobe, eine Blindprobe (gemahlenes Glas) und ein Pulpeduplikat beigefügt. Bisher liegen noch keine QA/QC-Ergebnisse vor.

Diese Pressemitteilung wurde in der vorliegenden Form und Inhalt von Paul Gribble (FIMMM, C.Eng) überprüft und genehmigt. Gribble arbeitet für das Unternehmen Wardrop, das mit Woulfe an der Erstellung der Sangdong-Studien arbeitet. Gribble verfügt über die erforderlichen Qualifikationen und ausreichend Erfahrung, um als 'Qualified Person' die Verantwortung für die Berichterstattung hinsichtlich der Explorationsergebnisse in der Sangdong-Lagerstätte zu übernehmen.


In Vertretung des Vorstands: Woulfe Mining Corp.

Brian Wesson (FAusIMM),
Präsident, CEO und Geschäftsführer
.....

Quelle: http://www.rohstoff-welt.de/news/artikel.php?sid=26686#Woulf…

[volvocb]

Antwort auf Beitrag Nr.: 41.528.071 von volvocb am 19.05.11 17:53:08

Woulfe Mining's Sangdong Tungsten Project Drill Results Offer Significant Encouragement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF - News) is pleased to announce assay results for the fourth batch of nine batches of samples associated with the now completed drill program. As previously announced, the drilling program targeted the unmined mineralisation in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes.

The tungsten-molybdenum mineralisation at Sangdong is hosted within three parallel, shallow-dipping skarn zones (Main, Hangingwall and Footwall) with a lateral extent of up to 1,200 metres along strike and 1,500 metres down dip.

The work programme is focused on upgrading part of the current NI 43-101 compliant Inferred Resource to an Indicated Resource that in turn has sufficient confidence to be converted to a mineral reserve as part of the feasibility study to be completed later in the year. The four batches reported today have returned very encouraging grades of tungsten (WO3) and MoS2. The updated NI 43-101 resource estimate is targeted for release at the end of June 2011. Woulfe has commissioned Wardrop Engineering to produce the new resource estimate and complete the feasibility study, and has also engaged AMC Mining Consultants (Canada) Ltd as geological advisors.

The 2010 March Wardrop Engineering Scoping Study produced an Inferred Resource of 103.6 million tonnes at 0.35% WO3, 0.04% MoS2 at a cut-off of 0.1% WO3. This resource modelled the group of Footwall mineralised zones as a combined unit and the Hangingwall Zone as another unit. Any remaining mineralisation from the Main Zone was not included. This resource was classified as Inferred primarily because of reliance on the historical underground drilling. The current surface and underground drilling programmes will improve confidence in the estimate, potentially allowing it to be classified as Indicated Resources.

The recent drilling results are summarised as below:

Main Zone (The Main Zone was not included in NI43-101 resources March 2010)

Tabelle fehlt!!!

.....

Significant drill intercepts, defined as any mineralisation of 1 metre lengths or longer, are presented in the tables above. A cut-off of 0.15% WO3 was used for the intersection calculations.

To date the two best intersections in the Main Zone are WSDD0014, 45.5 metres (true width 41.2 metres) at an average grade of 0.61% WO3 and WSDD0015, with an intersection of 39.0 metres (true width 18.3 metres) at an average grade of 0.91% WO3.

The initial drilling program has been completed. The reopening of the levels above One Level, that is the area targeted for initial mine production, has identified large areas that have not been drilled in the Main and Hangingwall Zones. A second drilling program is now planned to explore the potential of these areas. These holes may be used for the updated NI 43-101 resource estimate planned for completion at the end of June if the results are available in time.

The samples are prepared on-site in Korea to appropriate industry standards and sent to SGS Perth, Australia for analysis. Samples are analysed by Inductively Coupled Plasma Mass Spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or 4-acid digestion followed by ICP analysis. Molybdenum is analysed by X-ray fluorescence. The QA/QC protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Mr Paul Gribble FIMMM, C.Eng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director
...
Quelle:http://finance.yahoo.com/news/Woulfe-Minings-Sangdong-ccn-33…

[GR11]

...für Neulinge sicherlich sehr interessant...
Einblicke in die Mine und einen Rundflug über das Gelände - Januar 2011

http://www.youtube.com/user/woulfemining

[volvocb]

Antwort auf Beitrag Nr.: 41.592.057 von volvocb am 01.06.11 20:49:50

Woulfe Mining Corp

Woulfe Mining drills 11.5 m of 1.15% WO3 at Sangdong

2011-06-15 12:28 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING DRILL RESULTS SUPPORT EARLY START-UP PROPOSAL

Woulfe Mining Corp. has released assay results for the fifth of nine batches of samples associated with the now completed drilling program at Sangdong. The tungsten-molybdenum mineralization at Sangdong is hosted within three parallel, shallow-dipping skarn zones (Main, Hangingwall and Footwall) with a lateral extent of up to 1,200 metres along strike and 1,500 metres downdip.

Highlight of the results include 3.9 metres (true width) of 2.33 per cent tungsten trioxide in the Main zone and 10.8 metres (true width) of 0.51 per cent WO3 in the Footwall zone.

The recent drilling results are summarized in the associated table.


HOLE WSDD0013

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 77.0-93.5 16.5 12.4 0.70 0.02 Main
includes 82.0-84.5 2.5 1.9 1.46 0.02 Main
includes 91.5-93.5 2.0 1.5 2.51 0.06 Main

HOLE WSDD0003

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 17.5-39.0 21.5 13.7 0.45 0.03 Main
includes 19.0-21.5 2.5 1.6 0.96 0.02 Main
includes 26.0-34.0 8.0 5.1 0.57 0.04 Main
includes 37.0-38.5 1.5 1.0 0.98 0.06 Main

HOLE WSDD0018

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 89.5-101.0 11.5 8.9 1.15 0.08 Main
includes 96.0-101.0 5.0 3.9 2.33 0.10 Main

HOLE WSDD0021

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 10.0-13.5 3.5 3.3 0.59 0.05 Main

HOLE WSDD0013

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 14.5-26.0 11.5 8.6 0.73 0.02 Footwall
includes 17.0-20.0 3.0 2.2 1.47 0.02 Footwall
Intersection 67.5-70.5 3.0 2.2 0.44 0.01 Footwall

HOLE WSDD0018

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Intersection 4.0-18.0 14.0 10.8 0.51 0.02 Footwall
includes 16.5-18.0 1.5 1.2 2.20 0.08 Footwall

HOLE WSDD0003

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Hanging
Intersection 75.0-87.0 12.0 7.6 0.37 0.08 wall
Hanging
includes 77.5-86.5 9.0 5.7 0.40 0.09 wall

HOLE WSDD0013

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Hanging
Intersection 146.5-149.0 2.5 1.9 0.32 0.01 wall

HOLE WSDD0021

True
Interval Length width Grade Grade
Hole ID (m) (m) (m) (%WO3) (%MoS2) Zone

Hanging
Intersection 50.5-52.5 2.0 1.9 0.25 0.20 wall


Significant drill intercepts, defined as any mineralization of one metre lengths or longer, are presented in the associated tables. A cut-off of 0.15 per cent WO3 was used for the intersection calculations.

The drilling program targeted the unmined mineralization in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The 2010 March Wardrop Engineering scoping study produced an inferred resource of 103.6 million tonnes at 0.35 per cent WO3, 0.04 per cent molybdenum disulphide at a cut-off of 0.1 per cent WO3. This resource modelled the group of Footwall mineralized zones as a combined unit and the Hangingwall zone as another unit. Any remaining mineralization from the Main zone was not included. It should be noted that mineral resources that are not mineral reserves do not have demonstrated economic viability.

The fifth batch comprised four holes all of which intersected the Main zone. Hole WSDD0013 intersected 16.5 metres (true width 12.4 metres) at an average grade of 0.70 per cent WO3 and hole WSDD0003 intersected 21.5 metres (true width 13.7 metres) at an average grade of 0.45 per cent WO3. Hole WSDD0018 intersected 11.5 metres (true width 8.9 metres) at an average grade of 1.15 per cent WO3 before being abandoned due to a cavity, most likely a Main zone working.

The samples are prepared on-site in Korea to appropriate industry standards and sent to SGS Perth, Australia, for analysis. Samples are analysed by inductively coupled plasma mass spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or four-acid digestion followed by ICP analysis. Molybdenum is analyzed by X-ray fluorescence. The quality assurance/quality control protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Wardrop Engineering, a Tetra Tech company, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results for the Sangdong deposit.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18522…

[volvocb]

Antwort auf Beitrag Nr.: 41.699.743 von volvocb am 25.06.11 14:27:14

Woulfe Mining Corp

Woulfe Mining starts trading on OTCQX Int'l

2011-06-16 07:48 ET - News Release


Mr. R. Cromwell Coulson of OTC Markets Group reports

WOULFE MINING CORP JOINS OTCQX

Woulfe Mining Corp. is now trading on the highest tier of the OTC market, OTCQX.

Woulfe Mining began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTCQX and OTC Markets websites. "The OTCQX platform supports a transparent marketplace with high-quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, president and chief executive officer of OTC Markets Group. "We are pleased to welcome Woulfe Mining to OTCQX."

Dorsey & Whitney LLP will serve as Woulfe Mining's principal American liaison on OTCQX, responsible for providing guidance on OTCQX requirements.


Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18524…

[volvocb]

Antwort auf Beitrag Nr.: 41.699.748 von volvocb am 25.06.11 14:28:21

Woulfe Mining drills 18.0 m of 0.88% WO3 at Sangdong

2011-06-24 09:15 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING REPORTS FINAL DRILL RESULTS FOR PHASE 1 FEASIBILITY DRILLING PROGRAM

Woulfe Mining Corp. has released assay results for batches six and seven of samples associated with the now-completed phase 1 drilling program at Sangdong. The tungsten-molybdenum mineralization at Sangdong is hosted within three parallel, shallow-dipping skarn zones (Main, Hangingwall and Footwall) with a lateral extent of up to 1,200 metres along strike and 1,500 metres down dip.

Highlights of the results include 17.3 metres (true width) of 0.87 per cent WO3 in the Hangingwall zone, 8.0 metres (true width) of 0.99 per cent WO3 in the Main zone and 8.2 metres (true width) of 0.68 per cent WO3 in the Footwall zone.

The recent drilling results are summarized in the tables.


MAIN ZONE
(The Main zone was not included in
National Instrument 43-101 resources, March, 2010.)

From To Length True width Grade Grade
Hole (m) (m) (m) (m) (%WO3) (%MoS2)

Hole SD 97 302.0 310.0 8.0 8.0 0.99 0.05
includes 302.0 307.0 5.0 5.0 1.46 0.07
SD 95 201.0 211.0 10.0 6.8 0.38 0.02
includes 201.0 202.5 1.5 1.0 0.61 0.02
includes 205.5 207.5 2.0 1.4 0.81 0.09
SD 93 242.5 250.0 7.5 7.5 0.33 0.02
SD 98 244.0 246.0 2.0 2.0 0.37 0.01
WSDD0026 0.0 2.0 2.0 1.4 0.86 0.08



FOOTWALL ZONE

From To Length True width Grade Grade
Hole (m) (m) (m) (m) (%WO3) (%MoS2)

SD 95 219.0 220.5 1.5 1.0 0.49 0.0
Intersection 252.0 264.0 12.0 8.2 0.68 0.00
includes 252.0 257.5 5.5 3.8 0.86 0.00
WSDD0027 10.0 29.0 19.0 15.6 0.36 0.01
includes 12.0 16.5 4.5 3.7 0.49 0.00
includes 20.5 25.5 5.0 4.1 0.56 0.02
SD 98 280.0 286.0 6.0 6.0 0.56 0.02
Intersection 303.5 309.0 5.5 5.5 0.30 0.08
includes 306.0 309.0 3.0 3.0 0.43 0.13
SD 93 274.0 277.5 3.5 3.5 0.50 0.00
Intersection 283.0 288.5 5.5 5.5 0.37 0.04
WSDD0026 75.5 77.0 1.5 1.1 0.41 0.06



HANGINGWALL ZONE

From To Length True width Grade Grade
Hole (m) (m) (m) (m) (%WO3) (%MoS2)

SD 92 156.0 174.0 18.0 17.3 0.88 0.09
includes 156.0 160.5 4.5 4.3 1.14 0.24
includes 162.0 170.0 8.0 7.7 1.19 0.06
SD 97 269.0 281.0 12.0 12.0 0.55 0.05
includes 271.5 274.5 3.0 3.0 1.10 0.07
includes 277.0 280.0 3.0 3.0 0.66 0.06
SD 95 154.5 156.0 1.5 1.0 0.44 0.01
Intersection 162.0 169.5 7.5 5.1 0.30 0.03
Intersection 173.5 176.5 3.0 2.0 0.32 0.08
SD 98 215.5 217.0 1.5 1.5 0.63 0.05
SD 93 154.0 155.5 1.5 1.5 0.30 0.01


Significant drill intercepts, defined as any mineralization of one-metre lengths or longer, are presented in the tables. A cut-off of 0.15 per cent WO3 was used for the intersection calculations.

The drilling program targeted the unmined mineralization in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The 2010 March Wardrop Engineering scoping study produced an inferred resource of 103.6 million tonnes at 0.35 per cent WO3, 0.04 per cent MoS2 at a cut-off of 0.1 per cent WO3. This resource estimate modelled the group of Footwall mineralized zones as a combined unit and the Hangingwall zone as another unit. Any remaining mineralization from the Main zone was not included. The intersection summaries shown in the tables may also group mineralized zones within the overall Footwall zone.

Batches six and seven of assay results comprised seven holes, of which five were surface holes, four of which were drilled to define the western margin of the deposit. The fifth surface hole (SD 92), located in the central portion of the deposit to define the Hangingwall zone, intersected 17.3 metres true width at 0.87 per cent WO3. Other significant intersections include 8.0 metres true width at 0.99 per cent WO3 (SD 97) in the Main zone, 8.2 metres true width at 0.68 per cent WO3 (SD 95) and 15.6 metres true width at 0.36 per cent WO3 (WSDD0027) in the Footwall zone, and 12.0 metres true width at 0.56 per cent WO3 (SD 97) in the Hangingwall zone.

The samples are prepared on site in Korea to appropriate industry standards and sent to SGS Perth, Australia, for analysis. Samples are analyzed by inductively coupled plasma mass spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or four-acid digestion followed by ICP analysis. Molybdenum is analyzed by X-ray fluorescence. The quality assurance/quality control protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results for the Sangdong deposit.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18549…

[volvocb]

Antwort auf Beitrag Nr.: 41.699.752 von volvocb am 25.06.11 14:29:39

June 27, 2011 15:16 ET

Woulfe Mining's Plan to Expedite Production at Sangdong in 2012


VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 27, 2011) -Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF) is pleased to announce the major milestones of the Company's plan to move the Sangdong tungsten and molybdenum project towards production in 2012. Woulfe's aggressive timeline to commission the mine in 2012 requires many of these initiatives to be worked on in parallel by multiple teams.

Brian Wesson CEO/President of Woulfe added, "The APT price has increased substantially over the past 6 months so we are working as hard and fast as possible to bring Sangdong back into production. The recent drilling confirms the historical data and the results have mostly been very encouraging. We are pushing ahead with the pre-feasibility and full feasibility studies in parallel and an updated resource estimate will be released shortly. We look forward to updating the market as we achieve these goals."

Q3 2011

Woulfe is currently conducting a 19 hole geotechnical drill program focused on testing the characteristics of the site. This site investigation will finalise the process plant layout and allow the detailed civil engineering to move forward.

The construction application and land lease documentation will be submitted to the county by the end of June. These applications complete the process to secure the land and permissions required to move to construction. Woulfe expects the submissions to be considered favourably by the county as we have been working closely together to move the project forward as quickly as possible.

The phase one drilling program carried out from January to May 2011 focused on the areas above the valley floor to verify the historical data and to upgrade sufficient resources to support the pre-feasibility study. Phase one was successfully completed and a subsequent drilling program is underway targeting the unmined Hangingwall and Footwall mineralised zones on Level 1 and above and the main mineralised zone above the Sangdong Level. Wardrop Engineering UK, a Tetra Tech company, have personnel on the ground in South Korea and are focused on completing the prefeasibility study and updating the current NI43-101 resource estimate for release in Q3 2011.
The phase two drilling program will be completed by the end of September, 2011. This program will target additional high grade zones in the main zone and the extensive footwall zone above Level 1.

To accelerate project construction, Woulfe in conjunction with its external consultants is moving ahead with detailed design of the operation. The crushing and grinding sections of the process plant are well advanced and all major pieces of equipment specified. The crusher design is for 2.4 million tonnes per annum and the initial milling capacity will be 1.2 million tonnes per annum, but can be readily expanded to 2.4 million tonnes. The design has been progressed to allow tenders to be called for the front end of the plant. This will provide definitive construction costs for feasibility work and demonstrate the comparative cost advantage in South Korea. The design of the upgrade has been included as there is a real prospect that the tungsten markets will remain strong and could justify the increase in production. The price of molybdenum might also return to historical highs. The molybdenum content in the Sangdong mineralised zones ranges from 0.04 to 0.06% MoS2 and an additional zone of molybdenum mineralisation, as outlined by historical drilling, lies below the Sangdong mineralised zones.

Woulfe will be shipping one tonne of drill core to Canada for metallurgical testing and finalising the process flow sheet. The flow sheet will be simple and conventional, with two stage crushing followed by rod mill grinding and flotation, with the tungsten concentrate further processed to produce APT; all well-established proven technologies. Sangdong was a world leader in tungsten production for many years, initially producing synthetic scheelite and later APT on site. By-products included molybdenum and bismuth.

Q4 2011

Woulfe is assessing several options to finance the project. The 2010 scoping study capital cost estimate to build the operation was US$269 million based on a greenfields site. The pre-feasibility estimate is expected to be lower, based on the brownfields site and the comparative construction cost advantages in South Korea. The project is forecast to generate strong cash flows which will make funding reasonably easy to conclude in Q4 2011.

Funding is likely to be in the form of a cash component and debt. The cash component will minimise dilution through strategic partnerships and off-take agreements. Once the pre-feasibility study is completed, the Company will be in a position to complete the financing.

Woulfe will continue to secure major items of equipment, such as the new crushing circuit, and expects to make announcements regarding the mills and other major purchases throughout the year.

The feasibility study to be completed later this year will be the final document prior to construction as the full detailed design will have been completed prior to this document coming out. This document will be based on actual design and tendered construction packages. Earthworks are scheduled to start in December 2011.

2012

Woulfe plans to commission the Sangdong mine in 2012 at an initial production rate of 1.2 million tonnes per annum. As the Company achieves the milestones outlined above, a definitive production date will be determined and communicated to shareholders. Commissioning is currently expected in Q4 2012.

Brian Wesson, CEO/President of Woulfe added, "I believe the team we have assembled has the ability to achieve these goals as outlined. We continue to drive this project forward aggressively to achieve maximum value for all Woulfe shareholders."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle: http://www.marketwire.com/press-release/woulfe-minings-plan-…

[volvocb]

Antwort auf Beitrag Nr.: 41.707.521 von volvocb am 27.06.11 22:21:14

Woulfe Mining Update on Progress at Sangdong Project as It Moves Towards Production in 2012


VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF - News; OTCQX:WFEMF) is pleased to announce the completion of major milestones towards bringing the Sangdong tungsten and molybdenum project into production in 2012. Woulfe's aggressive timeline to have the mine commissioned and in production in 2012 requires many initiatives to be worked on in parallel by multiple teams.

Brian Wesson CEO/President of Woulfe added, "The APT price has been increased substantially over the past 6 months so we are working as hard and fast as possible to get Sangdong back into production. The recent drilling confirms the historical data and the results have all been above resource grade. We are pushing ahead with the pre-feasibility and full feasibility in parallel with an updated resource estimate coming shortly. We look forward to updating the market as we achieve these goals."

Woulfe has successfully completed a 19 hole geotechnical drill program focused on testing the characteristics of the plant site. This site investigation will finalise the process plant layout and allow the detailed civil engineering to move forward.

Following the satisfactory completion of the geotech drilling, the application for land lease and purchase of the plant site was submitted to the county on June 7, 2011. The construction application will be submitted to the county promptly following the grant of permit on the land lease and purchase. Woulfe expects the submissions to be considered favourably by the county as we have been working closely with the county officials to move the project forward as quickly as possible.

In addition the application for land lease for new production six metre portal and decline to ore was submitted on June 7. Woulfe expects the permit on the land lease for new adit to be granted by the end of June.

Mr. Wesson added, "I believe the team we have assembled has the ability to achieve the aggressive plan and goals as outlined. We continue to drive this project forward to achieve maximum value for Woulfe Mining shareholders."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

...

Quelle: http://finance.yahoo.com/news/Woulfe-Mining-Update-on-ccn-33…

[volvocb]

Antwort auf Beitrag Nr.: 41.707.521 von volvocb am 27.06.11 22:21:14

Hi Leute, ich bin gute 2 Wochen im Urlaub. Werde danach die fehlenden Nachrichten nachreichen.

Nur Geduld. 2013 stehen wir locker über 2€. Bitte kein Kommentar Heinzi.

Wäre doch super, wenn Woulfe die Finanzierung alleine schafft.

Ab Dez. wird aufgebaut, wenn der Winter nicht so hart ist.

Bis bald.

[volvocb]

Antwort auf Beitrag Nr.: 41.712.807 von volvocb am 28.06.11 20:51:17

Woulfe finishes design of Sangdong crushing plant

2011-07-06 09:15 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING REQUESTS QUOTATION FOR CRUSHING AND GRINDING PLANT AT SANGDONG

Woulfe Mining Corp., in conjunction with Contromation Indonesia and Wardrop Engineers, has completed the first design package for the ore crushing and grinding system for the Sangdong tungsten and molybdenum project; and the package is ready for initial quotation. The design package has been issued to reputable heavy engineering companies in South Korea for quotation.

This is a substantial milestone for Woulfe as it will provide real construction costs in South Korea for the prefeasibility and feasibility studies due out in the third and fourth quarter of 2011, respectively.

The system is designed to crush ore at a rate of 2.4 million tonnes per annum and grind initially at 1.2 million tonnes per annum. There is the potential to increase the grinding rate if the tungsten market remains strong and/or the price of molybdenum increases. Two rod mills will be installed, and a third could be added should circumstances prove viable for increasing the grinding rate.

Woulfe has a resource of 103.2 million tonnes at 0.35 per cent WO3 and 0.04 per cent MoS2. Further there is a historical high-grade molybdenum target below the level six of the existing mine that has target grades as high as 0.4 per cent MoS2. The target has had over 40 historical and two new drill holes drilled into the stockwork deposit. The company intends to redrill the deposit in early 2012 once it achieves underground access to drill oblique holes to the mineralized veins. Woulfe is focused on publishing the updated resource numbers in the third quarter of 2011, with prefeasibility and feasibility studies completed later in the year, in order to move toward construction.

Brian Wesson, chief executive officer and president of Woulfe Mining, added, "Woulfe has a highly experienced multinational team on the ground in Korea, supported by Wardrop Engineers [United Kingdom], SGS, and Australian Mineral Consultants Vancouver and Melbourne."

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18595…

[volvocb]

Antwort auf Beitrag Nr.: 41.801.490 von volvocb am 18.07.11 07:09:38

Woulfe Mining drills 14 m of 0.77% WO3 at Sangdong

2011-07-11 09:17 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING REPORTS FINAL DRILL RESULTS FOR PHASE 1 FEASIBILITY DRILLING PROGRAM

Woulfe Mining Corp. has released assay results for the remaining batch of samples associated with the now-completed phase 1 drilling program at Sangdong. The tungsten-molybdenum mineralization at Sangdong is hosted within three parallel, shallow-dipping skarn zones (Main, Hangingwall and Footwall) with an original lateral extent of up to 1,200 metres along strike and 1,500 metres downdip.

Brian Wesson, chief executive officer, commented: "The Sangdong mine had over 700 historical holes drilled but unfortunately the previous owner and operator Korea Tungsten did not keep the drill core for inspection by our qualified person; however, we have detailed mine plans and records of the drill holes and logging. This detail has allowed Woulfe geologists to target the drill program to complement the 2006 program, focused on confirming mineralization above the valley floor for the initial mine plan. The phase 1 drill program is now complete and all the assays received. The drill program produced results better than expected, and Wardrop, A Tetra Tech Company, is now working on the modelling. Drilling will continue till end of the year with updates of the resources expected in the third quarter."

The results of the phase 1 drilling program have exceeded expectations with respect to the average width and grades of the three zones. The average width and grade for the three zones is 10.2 metres (true width) at 0.64 per cent tungsten oxide for the Main zone based on the intersections from 17 holes, 10.4 metres (true width) at 0.43 per cent WO3 for the Footwall zone (18 intersections) and 7.5 metres (true width) at 0.49 per cent WO3 for the Hangingwall zone (11 intersections).

The recent drilling results are summarized in the attached tables.


MAIN ZONE
(The main zone was not included in the NI 43-101 resource estimate of March, 2010.)

True
Interval Length width Grade Grade
Hole (m) (m) (m) (%WO3) (%MoS2)

WSDD0028
Intersection 69.0-83.0 14.0 12.2 0.77 0.05
includes 72.0-74.5 2.5 2.2 1.81 0.03
includes 77.5-82.5 5.0 4.4 0.91 0.03
WSDD0017
Intersection 14.5-32.5 18.0 9.4 0.51 0.15
includes 14.5-17.0 2.5 1.3 0.69 0.85
includes 18.5-22.5 4.0 2.1 0.79 0.06
includes 26.5-28.5 2.0 1.0 0.59 0.02
WSDD0012
Intersection 66.5-73.5 7.0 5.7 0.47 0.06
includes 66.5-68.0 1.5 1.2 0.59 0.14
includes 70.5-73.5 3.0 2.5 0.71 0.01
WSDD0011
Intersection 89.0-99.0 10.0 6.2 0.39 0.01
includes 93.0-99.0 6.0 3.7 0.46 0.01



FOOTWALL ZONES

True
Interval Length width Grade Grade
Hole (m) (m) (m) (%WO3) (%MoS2)

WSDD0028
Intersection 2.0-21.0 19.0 16.6 0.44 0.08
includes 3.5-5.0 1.5 1.3 0.83 0.00
includes 15.5-18.0 2.5 2.2 2.00 0.02
WSDD0012
Intersection 14.0-23.0 9.0 7.4 0.49 0.02
includes 14.0-15.5 1.5 1.2 0.98 0.02
includes 20.0-23.0 3.0 2.5 0.68 0.03
WSDD0011
Intersection 19.0-24.5 5.5 3.4 0.33 0.00
Intersection 32.5-34.5 2.0 1.2 0.36 0.01
WSDD0017
Intersection 1.0-3.0 2.0 1.0 0.33 0.00



HANGINGWALL ZONE

True
Interval Length width Grade Grade
Hole (m) (m) (m) (%WO3) (%MoS2)

WSDD0012
Intersection 96.5-114.0 17.5 14.4 0.31 0.04
includes 102.0-106.0 4.0 3.3 0.50 0.04
WSDD0017-
Intersection 79.5-85.0 5.5 2.9 0.52 0.29
includes 82.5-85.0 2.5 1.3 0.79 0.39


Significant drill intercepts, defined as any mineralization of one-metre lengths or longer, are presented in the attached tables. A cut-off of 0.15 per cent WO3 was used for the intersection calculations. The reader should understand that the reported intersections represent calculations that are derived from drill results only, and do not necessarily reflect the widths and grades used in any resource estimate. In the resource estimation process, values are typically confined within a geological model, and not all values intersected are necessarily used.

The drilling program targeted the unmined mineralization in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The March, 2010, scoping study completed by Wardrop, a Tetra Tech company, produced an inferred resource of 103.6 million tonnes at 0.35 per cent WO3 and 0.04 per cent molybdenum disulphide at a cut-off of 0.1 per cent WO3. This resource modelled the group of Footwall mineralized zones as a combined unit and the Hangingwall zone as another unit. Any remaining mineralization from the Main zone was not included.

The final batches of assay results comprised four holes, all of which intersected the Main and Footwall zones and two intersected the Hangingwall zone. Significant Main zone intersections include 12.2 metres true width at 0.77 per cent WO3 (WSDD0028) and 9.4 metres true width at 0.51 per cent WO3 (WSDD0012). Significant Footwall zone intersections include 16.6 metres true width at 0.44 per cent WO3 (WSDD0028) and 7.4 metres true width at 0.49 per cent WO3 (WSDD0012). Significant Hangingwall zone intersections include 14.4 metres true width at 0.31 per cent WO3 (WSDD0012), which included 3.3 metres true width at 0.50 per cent WO3.

The samples are prepared on site in Korea to appropriate industry standards and sent to SGS Perth, Australia, for analysis. Samples are analyzed by inductively coupled plasma mass spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or four-acid digestion followed by ICP analysis. Molybdenum is analyzed by X-Ray fluorescence. The quality assurance/quality control protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples.

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results for the Sangdong deposit.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18605…

[volvocb]

Antwort auf Beitrag Nr.: 41.801.492 von volvocb am 18.07.11 07:13:55

Woulfe Mining hires PwC to value Sangdong project

2011-07-14 09:08 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING LOOKING TO VALUE SANGDONG PROJECT AFTER STRONG RESULTS

Woulfe Mining Corp. has commissioned PricewaterhouseCoopers to perform a detailed analysis and valuation of its Sangdong tungsten molybdenum project. This valuation will be used to ensure any transaction for Sangdong would realize true shareholder value.

Woulfe Mining has achieved a number of key milestones which could positively impact the valuation. In addition, the tungsten market has strengthened considerably over the past nine months. Permitting and detailed design of the mine and process plant are now well advanced. Woulfe plans to release before the end of July, an updated resource statement prepared by Wardrop, a Tetra Tech company, as well as an independent capital evaluation and the PricewaterhouseCoopers valuation.

Woulfe Mining has requested a new proposal from Korea Zinc that reflects the change in the company's value based on these factors.

Brian Wesson, chief executive officer and president of Woulfe Mining, commented: "Our Sangdong project has changed significantly as has the market; the updated resource is due out soon followed by prefeasibility and feasibility studies. The detail design of the project is well advanced and given the project's strong economics, we believe that it can be financed shortly and progressed to production in 2012."

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results for the Sangdong deposit.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18615…

[volvocb]

Antwort auf Beitrag Nr.: 41.801.496 von volvocb am 18.07.11 07:15:05

Olympia 2018 in Südkorea, München chancenlos


Quelle: http://www.welt.de/sport/article13471894/Olympia-2018-in-Sue…

Kann nur gut für uns und die Wirtschaft für Südkorea sein!

Trotzdem schade für München, wäre ja fast vor meiner Haustür gewesen.

[volvocb]

Woulfe Mining halted at 7:55 a.m. PT

2011-07-18 10:58 ET - News Release


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
The remainder is available to Stockwatch subscribers. Click the yellow link above for a free trial subscription.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18625…

[volvocb]

Antwort auf Beitrag Nr.: 41.804.605 von volvocb am 18.07.11 17:01:49

NEWS RELEASE PAGE
Headline: Woulfe Mining Updates Resource in Top Quarter of Sangdong Project Mine Which Validates Fast Track Development
Symbol: WOF


VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 18, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF) announces that Wardrop, a Tetra Tech company, (Wardrop) have completed an interim resource update for the Sangdong mine in South Korea. This follows completion of Woulfe's phase 1 drilling programme and other works. The resource for the skarn mineralised zones is summarised in Table 1. It is important to note that this Resource represents mineralisation only within the Upper Section of the mine. The Resource given in Table 1 represents approximately one-quarter of the dip length of known mineralisation from the old mine. Woulfe will continue to drill and explore the remainder of the dip length and refine the Resource.


Table 1 Resource estimate for Sangdong, skarn mineralised zones, Upper Section.---------------------------------------------------------------------------Class Zone TONNES Density WO3 (%) MoS2 (%)---------------------------------------------------------------------------'Indicated' Hangingwall 1,143,000 2.9 0.38 0.07---------------------------------------------------------------------------'Indicated' Main 2,076,000 2.9 0.47 0.03---------------------------------------------------------------------------'Indicated' Footwall 2,749,000 2.9 0.41 0.03---------------------------------------------------------------------------'Indicated' Total 5,968,000 0.42 0.04------------------------------------------------------------------------------------------------------------------------------------------------------'Inferred' Hangingwall 6,073,000 2.9 0.38 0.06---------------------------------------------------------------------------'Inferred' Main 9,002,000 2.9 0.50 0.04---------------------------------------------------------------------------'Inferred' Footwall 3,497,000 2.9 0.46 0.04---------------------------------------------------------------------------'Inferred' Total 18,572,000 0.45 0.05---------------------------------------------------------------------------

Brian Wesson CEO and President of Woulfe Mining commented "Woulfe is focused on early low cost production from the upper 25% of the ore body therefore all the work to date has concentrated on this area. The drilling carried out by Woulfe was efficient and produced good results, grade has increased by close on 30% over the scoping study grade. This is an important mile stone as it confirms the resource base in the upper part of the mine to underpin the plan."

Background

The Wardrop Scoping Study Report (April 2010) produced the published resource given in Table 2.



Table 2 Resource estimate for Sangdong, skarn mineralised zones,
April 2010 Scoping Study
---------------------------------------------------------------------------
Class Zone TONNES Density WO3 (%) MoS2 (%)
---------------------------------------------------------------------------
Inferred Hangingwall 45,800,000 2.9 0.32 0.05
---------------------------------------------------------------------------
Inferred Footwall 57,400,000 2.9 0.37 0.04
---------------------------------------------------------------------------




It is important to understand that the scoping study Resource was based entirely on historical drilling data. Under current guidelines this data does not comply with NI 43-101 Quality Assurance and Quality Control (QAQC). As a result the Resource was classified in the 'Inferred' category.

The interpretation of the mineralised zones for the whole deposit was a very coarse representation of the geology as understanding and data was very limited at the time of that study.

Details

This Resource update (effective date July 15th 2011) is the culmination of work completed since Woulfe took charge of the project. It represents the end of the first stage of a programme to refine and understand the Resource. Woulfe gained access underground and started a comprehensive underground drilling campaign, supplemented with additional surface holes. The new Resource update is based on this drilling campaign and the modern surface drilling campaign completed by Woulfe's predecessor at the project.

A wealth of historical data has also been made available to Woulfe including:



-- Underground survey master drawings,
-- Annual mine plans,
-- Geological plans and sections, and
-- Other relevant mapping.




The new Wardrop resource has been based on the new compliant drilling data collected to date and the historical reference material; consequently the new resource should be considered more robust than the original scoping study.

From study of historical data the mineralisation is now better understood and also now better realised in the model. The new model can be considered a much closer representation of the geology as understood in the mine than the scoping study model. Part of the Resource presented here lies within a known higher grade section of the old mine. Average grades in this zone are approximately 0.6% WO3.

The greatly increased geological understanding, enhanced by underground access, has led to significant refinement of the mineralised zones. This is especially true for the footwall zone where the mineralisation has been refined to individual smaller zones as opposed to the coarse combination of zones in the scoping study model.

The mineralised zones defined by the current Resource for the upper quarter of the known dip length of the old mine are as follows:



-- Hangingwall Alteration Zone, approximate strike length 600 m, dip length
900 m, true thickness 5-15m
-- Main Zone, infrastructure pillar remnant, approximate strike length 750
m, dip length 900 m, true thickness 10-20m
-- Footwall Alteration Zones, two separate alteration zones, approximate
strike length 900 m, dip length 550 m, true thickness' 5-15m.




The estimated true width given is that of the alteration zone as a whole, not the true width of contained scheelite mineralisation within that zone.

Future work

Woulfe will continue to drill and explore within the Upper Section of the old mine. Definition and refinement of the Sangdong models will continue as more underground drilling is completed. This data will increase the sample density increasing the area meeting the criteria for the 'Indicated' category.

The historical plans are being digitised to accurately update the areas of historical mining and depletion, adding further confidence and precision to the Resource model. The increased understanding of the formerly mined Main Zone offers potential for additional remnant mineralisation to be added to the Resource.

Significant potential exists down-dip. As the mine is rehabilitated and lower levels are made accessible for drilling, more data will be available to refine the Resource estimate down-dip. Wardrop estimates that the down-dip target mineralisation, within the overall alteration zones, is in the order of:



-- Hangingwall Zone, 20 to 25 million tonnes
-- Main Zone, infrastructure pillar remnant, 8 to 13 million tonnes
-- Footwall Zones, two separate zones, 17 to 23 million tonnes (both zones
combined)
-- Target grades for all of the zones are between 0.35% and 0.45% WO3 and
between 0.03% and 0.05% MoS2




The down dip mineralisation targets are conceptual in nature, but derive from the scoping study work previously completed by Wardrop. Additional drilling is required to determine a mineral resource. This work will be completed in a phased manner by Woulfe. Whilst much historical information is available it is not certain that further work will define a mineral resource.

Pre-feasibility study

The Resource described here will feed into the pre-feasibility study currently being prepared by Wardrop. Publication is planned for the end of September 2011.

This news release has been reviewed and approved in the form and context in which it appears by Mr. Paul Gribble FIMMM, C.Eng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

[volvocb]

Antwort auf Beitrag Nr.: 41.805.016 von volvocb am 18.07.11 17:52:27

Woulfe Mining to resume at 9:30 a.m. PT

2011-07-18 11:49 ET - Resume Trading


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18625…

[Mainstern]

Kann das mal jemand zusammenfassen auf Deutsch. Mining makers English is something different to understand by common English.

[GR11]

Die Scoping Study hat sich sehr stark auf die Anfangszone der Mine bezogen und die anderen / weiteren Zonen erstmal vernachlässigt. Die Anfangszone entspricht ungefähr 25% der gesamten Zone.

Die Tonnage (ind.+ Inf.) sind 6+18,5 Mio. Tonnen mit deutlich höheren Grades als vorher kommuniziert.
Gesichtert wären demnach die ersten 3-5 Jahre der Produktion, wenn man von 1,2-2,4 Mio Tonnen Jahresproduktion ausgeht.

Wardrop geht weiterhin davon aus, dass in den weiteren 75% die Tonnage ebenfalls geringer, aber die Grades höher werden. In Summe ist das sehr gut, denn die Mine kann ohne Probleme 20 Jahre und mehr laufen, wenn man die weiteren Zonen durch Bohrungen in die hohen Kategorien (ind.) überführt. Ich denke dass wird man erst nach Anlauf der Produktion machen, wenn man Cashflow erwirtschaftet. Zeit genug, haben Sie damit ja dann!

Aber: Nach derzeitigen Stand, sind eben nur die ca. 3-5 Jahre gesichert!
Die langfristige Wirtschaftlichkeit der Mine muss man also Step by Step bewiesen werden.

Ich habe mit der Vorgehensweise aber kein Problem. Smart und schnell!

[volvocb]

Woulfe Mining Corp
Symbol C : WOF
Shares Issued 268,206,833
Close 2011-07-20 C$ 0.255
Recent Sedar Documents
Woulfe Mining introduces new website

2011-07-21 18:03 ET - News Release


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Brian Wesson reports

WOULFE MINING LAUNCHES UPDATED WEBSITE

Woulfe Mining Corp. has launched an updated company website.

The new website will help members of the investment community learn more about Woulfe and its exciting portfolio of projects, including the Sangdong tungsten-molybdenum mine, which the company is actively moving toward production in order to unlock value for shareholders and move the company to a positive cash flow as quickly as possible.


Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18638…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.820 von volvocb am 14.08.11 17:37:54

Die weiteren Schritte gemäß der Juli-Präsentation:

Q2 2011
•Resource drilling campaign complete
•Finaliseplant foot print and capacity
•Geotechdrilling for civil engineering
•Complete first pass crusher design

Q3. 2011
•Phase 2 drilling of high grade targets
•Reporting of drill results
•Construction application and land lease to be submitted to county.
•Geotechnical drilling underway
•Phase 2 Drilling of main and hanging wall areas identify as high impact targets.
•Pre feasibility study
•Updated Resource statement Wardrop.

Q4 2011
•Metallurgical test work.
•Off-take contract, associated forward participation and technology alliance.
•Debt financing at favorable interest rates in Korea
•Secure major pieces of equipment, crusher purchased, mills out on rft.
•Feasibility Study
•Construction

2012
•Commissioning

Quelle: http://www.woulfemining.com/i/pdf/presentations/Corporate-Pr…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.827 von volvocb am 14.08.11 17:42:18

Woulfe Mining halted at 8:34 a.m. PT

2011-07-27 11:37 ET - News Release


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18650…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.832 von volvocb am 14.08.11 17:44:48

Woulfe Mining to resume at 8:59 a.m. PT

2011-07-27 12:00 ET - Resume Trading

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18650…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.834 von volvocb am 14.08.11 17:46:07

July 27, 2011 11:55 ET
Woulfe Mining Announces Revised Capital Cost for Sangdong

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 27, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF) is pleased to provide an updated capital cost estimate for the development of the Sangdong tungsten-molybdenum project in South Korea. The new capital cost estimate is US$135 million for construction of a 1.2 million tonne per annum ("Mta") operation. Woulfe is fast tracking the Sangdong project as previously announced. In order to understand the costs associated with building the project for valuation and funding purposes, Woulfe requested the design engineers PT Contromation Energy Services (Engineering division) of Jakarta, Indonesia ("Contromation") to put together a price estimate to a level of accuracy of plus or minus 20%.

Brian Wesson, CEO/President of Woulfe, commented, "Woulfe is moving forward rapidly as the tungsten market is very strong and molybdenum is expected to strengthen over coming months. The cost estimate allows the company to fully appreciate the value scenario and economics of the project. The costs will be benchmarked in Korea later this month as Woulfe has gone out for pricing to reputable engineering construction companies in Korea for the crushing and grinding."

The new estimate of US$135 million considers the construction of a 1.2 Mta process plant and a bulk underground drift and fill mining operation focused on the top 25% of the deposit which is mostly above the valley floor on the eastern side of the mine. The updated resource statement released on July 18th focused on this area and suggests that there are sufficient Indicated resources to support a 5 year mining operation at the 1.2 Mta production rate. There is good potential to expand the Indicated resource base in the near future with the current drilling programme. Costs are different to the Scoping as it's a whole new plan with ventilation via the existing incline shaft and most of the mining is above the valley floor with minimal dewatering of the old mine as it is self-draining below 1 level.

Some 78% of the capital cost is associated with the construction of the process plant consisting of crushing, grinding, concentration and refining into Ammonia Paratungstate ("APT"). Contromation is a multi-disciplined engineering and construction group with extensive experience in providing outsourcing services to projects particularly in Asia.

The Sangdong Project has changed dramatically from the Scoping study last year which considered a 2.4 Mta process plant and mine on a greenfields basis. The capital assumed that a ring road would be developed to mine the footwall zone at depth. Cost estimates were benchmarked against North American costs for the deep underground mine at twice the production rate and 15% less grade. The Scoping study required two ventilation shafts and a substantial amount of development and did not take into account any existing infrastructure. The Scoping study was carried out prior to Woulfe reopening the underground mine and developing a detailed model of the mine for licensing. The scoping study capital cost estimate was US$289 million for the 2.4 Mta operation.

Contromation were contracted by Woulfe to carry out the definitive design of the process plant. The primary crushing equipment was purchased last year and the design of the crushing and grinding areas has been completed to a high level of accuracy that would be expected after feasibility. This was necessary to move the project ahead and ensure that the capital costs to be used in the Wardrop, A Tetra Tech Company, ("Wardrop") Prefeasibility due out September are based on quotations in Asia.

The capital cost estimate will be further refined as part of the Prefeasibility (September 2011) and Feasibility Study to be undertaken by Wardrop. Economic viability of the project will remain uncertain until completion of at least the Prefeasibility Study.

This news release has been reviewed and approved in the form and context in which it appears by Brian Wesson. Mr. Wesson is an Engineer with 30 years' experience, an MBA and is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors. Mr. Wesson has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of the information in this release.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18650…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.837 von volvocb am 14.08.11 17:47:47

al_ocke_bundy

Name..............................gelistet................MK......................Ressourcen......................Wert Ressourcen
....................................................ohne Warrants/Opt.......Lt. WOF-Präsi 07/11.........gerechnet 450$/MTU
Woulfe Mining...................Kanada.........85,38 Mio C$..............36 Mio MTU WO3...................16,2 Mrd $
North American Tungsten...Kanada.........93,66 Mio C$..............29 Mio MTU WO3...................13,1 Mrd $
Largo Resources...............Kanada........164,13 Mio C$.............25 Mio MTU WO3....................11,3 Mrd $
Wolf Minerals...................Australien.......29,20 Mio C$.............22 Mio MTU WO3.....................9,9 Mrd $
Playfair Mining..................Kanada..........11,50 Mio C$.............18 Mio MTU WO3.....................8,1 Mrd $
Geodex............................Kanada..........15,33 Mio C$.............12 Mio MTU WO3.....................5,4 Mrd $
King Island Scheelite........Australien........15,50 Mio C$..............8 Mio MTU WO3.....................3,6 Mrd $
Galway Resources.............Kanada........137,90 Mio C$...............7 Mio MTU WO3....................3,2 Mrd $
Vital Metals......................Australien.......18,00 Mio C$...............7 Mio MTU WO3....................3,2 Mrd $
Hazelwood Resources.......Australien.......39,92 Mio C$...............5 Mio MTU WO3....................2,3 Mrd $
Ormonde Mining.................Irland..........45,65 Mio C$...............3 Mio MTU WO3....................1,4 Mrd $
Icon Resources................Australien.......18,97 Mio C$................2 Mio MTU WO3...................0,9 Mrd $
Malaga.............................Kanada..........45,89 Mio C$................2 Mio MTU WO3...................0,9 Mrd $

Hab mir mal die Mühe gemacht und die Firmen aus der WOF-Präsentation verglichen.
Berücksichtigt ist nur das Wolfram, andere Metalle im Boden sind nicht dabei.
Angaben ohne Gewähr, da schnell zusammengetragen. Kurse vom 27.7.11

Quelle: http://www.wallstreet-online.de/diskussion/1090248-74331-743…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.844 von volvocb am 14.08.11 17:50:48

Woulfe Mining Announces New Communications Efforts
7/29/2011 12:52:01 PM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Jul 29, 2011 (MARKETWIRE via COMTEX News Network) --

Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF)(OTCQX: WFEMF) is pleased to announce that it has entered into an investor relations consulting agreement ("Agreement") with Value Relations GmbH of Frankfurt, Germany ("Value Relations") whereby Value Relations will act as the Company's strategic investor relations consultant in Germany, Austria and Switzerland for a period of one year.

Value Relations will work with Woulfe to support the Company's marketing efforts in Europe by providing the Company with investor communications support, marketing strategies and translation services. In consideration for these services, Value Relations will receive an annual fee of 36,000 Euros, payable in four quarterly installments. In addition, Value Relations will also receive 250,000 stock options at the price on market open on Friday 30 July 2011 exercisable over two years with one quarter of the Options vesting every three months following the date of grant. Value Relations has no prior relationship with the Company nor any prior interest, direct or indirect, in the Company, its securities or any right to acquire such an interest.

The Agreement is subject to the approval of the TSX Venture Exchange.

Woulfe also wishes to announce that UK-based Edison Investment Research Limited ("Edison") have undertaken to include Woulfe as part of their influential global analysis of the mining sector.

Edison is Europe's leading investment research company. It has won industry recognition, with awards in both the UK and internationally. The team of more than 50 includes over 30 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 250 companies across every sector and works directly with corporations, investment banks, brokers and fund managers. Edison's research is read by major institutional investors in the UK and abroad, as well as by the private client broker and international investor communities. Edison was founded in 2003 and is authorized and regulated by the Financial Services Authority of the UK.

As announced by Woulfe on July 14, 2011, the Company commissioned PricewaterhouseCoopers to perform a valuation of the Sangdong Tungsten Molybdenum Project. The valuation has been completed and the results will be disseminated via press release as soon as appropriate approvals have been received from the TSX Venture Exchange and PricewaterhouseCoopers.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18661…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.846 von volvocb am 14.08.11 17:51:37

Woulfe Mining Secures Permits to Develop Production Adit at Sangdong <WOF.V>

VANCOUVER, BRITISH COLUMBIA, Aug 02 (MARKET WIRE) --
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX
VENTURE:WOF)(OTCQX:WFEMF) is pleased to announce that permitting of the
production adit for its Sangdong tungsten/molybdenum mine in South Korea
has been approved. Approval was granted by the Ministry of Knowledge &
Economy on July 21st 2011 (Approval No. 11-0721-1). A land lease contract
with Yeongwol County for the adit area was secured on July 14th 2011.

The portal (entrance) and production adit will be located within a short
haulage distance of less than 100 metres from the designed crusher site,
and will access the mineralisation almost immediately inside the decline.
The 6 by 6 metre adit will facilitate the use of modern bulk mining
equipment and will provide access to all three zones (Main, Hangingwall
and Footwall) within the initial mining block in the upper 25% of the ore
body mostly above the valley floor. Wardrop, a Tetra Tech company,
recently released an interim resource for this area, comprising 5,968,000
tonnes at 0.42% WO3 ("Indicated Resource") and 18,572,000 tonnes at 0.45%
WO3 ("Inferred Resource"). At proposed mining rates this area has the
potential to provide 20 years of mining before having to move below level
2 into the deeper mine and dewater.

Development will commence as soon as the final design portal (entrance)
is completed.

Brian Wesson CEO/President of Woulfe added, "The government authorities
are working with Woulfe to move the project forward and the permitting is
a significant step towards production in 2012. The development will also
provide access to mine bulk samples for metallurgical pilot plant
testwork to optimize recovery and production of Ammonia Paratungstate
("APT")."

This news release has been reviewed and approved in the form and context
in which it appears by Mr. Paul Gribble FIMMM, C.Eng, of Wardrop, who is
working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate
qualifications and sufficient relevant experience to qualify as a
Qualified Person for the reporting of exploration results for the
Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18668…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.848 von volvocb am 14.08.11 17:52:46

neues Video-Interview mit Brian Wesson: 21 min. lang.

Quelle: http://www.investmentpitch.com/media/975/Woulfe_Mining_Corp.…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.852 von volvocb am 14.08.11 17:54:50

Woulfe Mining sees sparkle of minor metal tungsten

By Julie Gordon

TORONTO (Reuters) - Woulfe Mining WOF.V has fast-tracked plans to bring the Sangdong tungsten mine back into production, as it looks to capitalize on higher prices driven by a Chinese clampdown on exports of the minor metal.

The company is modernizing the South Korea mine, which was shut down in 1992 due to falling metal prices, and plans to start building a new process plant on site this year, chief executive Brian Wesson told Reuters.

The push to get the mine back online comes as China, which produces 80 percent of the world's tungsten, has cracked down on exports, sending prices up 90 percent in the last year.

"The issue at the moment is the grades are dropping -- they've taken all the good stuff," Wesson said of China's tungsten mines. "So the cost of production is increasing."

China's domestic demand for tungsten, used in auto manufacture and in hard metals for mining and drilling, is rising, and that has reduced the supply available for export.

This has sent the price of APT (ammonium paratungstate), a processed form of tungsten, up to $460 per unit, or $46,000 a tonne, from $240 per unit a year ago, leaving customers like Korea's TaeguTec Ltd and Japan's Mitsubishi Corporation 8058.T scrambling for new suppliers.

Wesson said Woulfe plans to start up production by late 2012 at Sangdong, which is just up the road from a TaeguTec facility. The project will produce some 4,000 tonnes of APT annually, along with molybdenum.

Modernizing the mine and building the plant to process tungsten into APT will cost about $135 million, but annual revenues from APT alone could top $180 million at current prices, said Wesson.

"We're looking to get a very favorable off-take agreement with somebody," he said. "That's likely Korean, but you never know. Obviously it comes down to the best value for the company."

GOLDEN OPPORTUNITY

With the tungsten mine well on its way to development, Wesson said Woulfe will be able to focus more attention on its Muguk project, once Korea's largest producing gold mine.

The Muguk mine shut down in the late 90s, when the gold price slipped below $400 an ounce. With the spot gold near a record high over $1,660 an ounce, Woulfe has started drilling to better define the historical resource.

"We know gold is there," said Wesson. "We just need to understand it under modern terms."

Eventually Woulfe will likely spin off the gold project into a new company.

But a spin-off is still some time away, said Wesson, who is busy trying to get Sangdong online as soon as possible.

The company recently got permits to build a new adit for the mine, which will allow it to take bulk samples for the pilot plant, and to use larger modern mining equipment.

The next step will be a prefeasibility study next month, followed by a feasibility study before the end of the year.

($1=
.96 Canadian)

(Reporting by Julie Gordon; editing by Janet Guttsman)

Quelle: http://ca.reuters.com/article/businessNews/idCATRE7725KC2011…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.857 von volvocb am 14.08.11 17:57:10

Sangdong Visualization (Video) Aug 11, 2011

Quelle: http://www.woulfemining.com/s/VideoGallery.asp

[volvocb]

Antwort auf Beitrag Nr.: 41.949.870 von volvocb am 14.08.11 18:03:36

DAILY NEWS08.08.2011 17:34:00
[Update] Woulfe advances Sangdong


--------------------------------------------------------------------------------
With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.

Quelle: http://www.northernminer.com/issuesV2/VerifyLogin.aspx

[volvocb]

Antwort auf Beitrag Nr.: 41.949.874 von volvocb am 14.08.11 18:05:21

Media Coverage

August 04, 2011
German Interview with Brian Wesson (Woulfe Mining) 12 Seiten mit Werbung.

Quell: http://value-relations.de/fileadmin/user_upload/StockDayRepo…

[volvocb]

Antwort auf Beitrag Nr.: 41.949.880 von volvocb am 14.08.11 18:10:09

Endlich mal neue Fotos von Sangdong und Muguk.

Quelle: http://www.woulfemining.com/s/PhotoGallery.asp

[volvocb]

Antwort auf Beitrag Nr.: 41.949.885 von volvocb am 14.08.11 18:11:47

Fact Sheet

View fact sheet in PDF format
File:
http://www.woulfemining.com/i/pdf/FactSheet/FactSheet_201107…
655 KB, approx. 2 minutes, 3 seconds at 56.6Kbps



Key Projects
SANGDONG
Tungsten/Molybdenum •Most advanced of Woulfe's projects
•Provided WO3 to world markets for over 40 years, now reopening
•Historically one of the world's largest tungsten mines
•Korean passion for this project
•Significant increase in APT pricing over the last year due to high demand and unmined supply of WO3
•Fast tracked for early production due to high demand for WO3
•Examining the unmined hanging wall zone which the Company plans to mine first
•Inferred resources of 103 million tonnes excluding molybdenum
MUGUK
Gold •Korea's largest gold mine until 1990
•Formerly owned by Korea Zinc, the newest partner in Woulfe Mining Corp.
•Initial assays from the No. 7 vein have shown promising results
•Woulfe plans to further drill and upgrade the historic resource
•Woulfe has already drilled deep into the old mine to reconfirm historical gold grades

Major Shareholders
(Over 10%) •Colonial First State
Common Wealth Bank of Australia
•Korea Zinc Co. Ltd.

Woulfe Mining Philosophy
Woulfe Mining is a Canadian-based resource company. Woulfe's vision is to develop high quality projects that can be brought into production quickly and at low cost, creating value for its shareholders. To achieve this, we are focusing on properties with known mineralization, and established infrastructure located in mining-friendly nations. Woulfe Mining values the environment, the health and safety of our workers, and the cultural diversity and rights of our neighboring communities, enabling us to build strong relationships with governments and non-government organizations of the countries in which we operate.

Moving Forward
•Currently drilling under former mine for the quickest way to become cash positive in production
•Mine plan is focused on extracting 1.2 million tonnes over 10 years which would recoup all capital expenses as per scoping study within 2 years
•Final permitting to be completed in July, 2011
•Full feasibility study by Wardrop underway
•Preparing definitive mine design
•Finalizing funding and construction design

Woulfe Mining Mitigating Your Risk
Financing •$11 million in the bank, $5 million options and warrants
•A2 credit rating scored by Moody's
•Suggested $40 million in equity into Woulfe subsidiaries by Korea Zinc
•Residual financing of approx $75 million by Korea Zinc upon completion of feasibility study
Technical •40 prior years of tungsten, molybdenum and bismuth production
•Installation of known technology by local experts
•Established infrastructure and access to energy source
•Tungsten, molybdenum, gold, bismuth, uranium, zinc and lead are all growth metals
Licensing •Mine development license approved June 2010
•Small mine footprint and old mine site is country owned
•Final mine and process development will be submitted to state and country authorities for construction approval
Country •Federal, Provincial and Community support of the project
•Strong rule of law
•Stable government
•20% tax, 10 years tax losses, 5 years tax exemptions, no royalties/export tax

Quelle: http://www.woulfemining.com/s/FactSheet.asp

[volvocb]

Antwort auf Beitrag Nr.: 41.949.886 von volvocb am 14.08.11 18:13:23

Share Structure

September 2010

Shares Issued and Outstanding

268,206,883

Options

12,975,000

Warrants

42,906,750

Fully Diluted

324,088,583



Listings

TSX-V: WOF
OTCQX: WFEMF
Frankfurt: OZ4.F

Quelle: http://www.woulfemining.com/s/ShareStructure.asp

[volvocb]

Antwort auf Beitrag Nr.: 41.949.888 von volvocb am 14.08.11 18:14:20

Wir werden auf der 4. Deutschen Rohstoffmesse in
Frankfurt und der Edelmetallmesse in München vor Ort sein.

Wof vor Ort.

Quelle: http://value-relations.de/fileadmin/user_upload/StockDayRepo…

Internationale Edelmetall- & Rohstoffmesse
4. & 5. November 2011
Event Arena im Olympiapark München

Herzlich willkommen,

auf der Website der "Internationalen Edelmetall- & Rohstoffmesse", die seit 2005 in München stattfindet. Hier finden Sie aktuelle Informationen rund um unsere Veranstaltung, die sich ausschließlich der Edelmetall- und Rohstoffanlage verschrieben hat.

Erleben Sie live namhafte Referenten aus dem In- und Ausland, informieren Sie sich über neue Trends bei den Ausstellern, vertiefen Sie ihr Wissen auf den Workshops oder stellen Sie Ihre Fragen auf den Podiumsdiskussionen.

Die Veranstaltung ist an beiden Tagen von 9.30 - 17.30 Uhr für Jedermann zugänglich. Sie richtet sich sowohl an institutionelle Investoren als auch an Privatanleger. Auch in diesem Jahr bieten wir im Vorfeld der Messe ein begrenztes Freikarten-Kontingent an.

Das Rahmenprogramm, die Aussteller und weitere Informationen zur diesjährigen Veranstaltung werden Anfang Oktober 2011 bekannt gegeben.


Wir freuen uns auf Ihren Besuch in München!
Quelle: https://www.edelmetallmesse.com/

[volvocb]

Antwort auf Beitrag Nr.: 41.949.899 von volvocb am 14.08.11 18:22:11

02. November 2011
4. Deutsche Rohstoffmesse Frankfurt

Quelle:http://www.rohstoffmesse-frankfurt.de/

[volvocb]

Woulfe Mining objective corporate research

4 Seiten, 25 August 2011

.......

z.b. Our revised valuation is adjusted upward, to C$0.69 per share
Based on these developments, our base-case valuation of Woulfe increases from
C$0.46 per share to C$0.69 per share. Our more optimistic assessment, based on
higher confidences of exploration and development success, increase modestly from
C$1.20 to C$1.33 per share. Assuming success at all stages through feasibility and
permitting, our base-case and optimistic assessments increase to C$1.50 and C$2.92
per share respectively.

.....

Quelle: http://www.uploadarea.de/files/4u4pn45kwlwexfjpvcdojf9k1.pdf

[volvocb]

Woulfe Mining to Fast-Track the Evaluation of its Muguk Gold Mine
8/29/2011 9:00:10 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Aug 29, 2011 (Marketwire via COMTEX News Network) --
Woulfe Mining Corp. (TSX VENTURE:WOF)(PINK SHEETS:WFEMF)(OTCQX:WFEMF) ("Woulfe" or the "Company") is pleased to announce that it is fast-tracking the evaluation of its Muguk gold project in South Korea. Muguk was the largest gold mine in South Korea until its premature closure in 1997 due to low gold prices.

Woulfe has appointed AMC Consultants ("AMC") of Melbourne as technical advisor to the project. AMC's initial brief is to:

-- Prepare a three dimensional ("3D") digital model of the Muguk mine workings utilising the available level plans and long sections - completed-- Update the extensive database comprising final survey of underground workings prior to closure, face grades, drill data, ore extraction data and process data - work in progress-- Prepare an NI 43-101-compliant resource estimate for the main mineralised structures.


Woulfe management can now turn its attention to Muguk as its flagship Sangdong tungsten-molybdenum project in South Korea is progressing at a rapid rate. The Sangdong feasibility study is well advanced and construction is scheduled to commence in early 2012.

The Muguk gold-silver mineralisation is hosted within a series of parallel, steeply dipping quartz veins that extend discontinuously for 400-2,000 metres along strike and to a known depth of 800 metres. The average width of the veins is typically less than 1 metre, although the veins pinch and swell and can be up to 2 metres in width in places.

The two most significant veins are the No.2 vein and the Three Brothers Vein, or Samhyungje Vein. The No.2 Vein was exploited between 1944 and 1972, and was developed to a depth of 755 metres along a strike length of 1,800-2,000 metres. The grades reportedly varied from 7 g/t gold to 50 g/t gold. Reported production during this period was approximately 260,000 ounces of gold. The Three Brothers Vein was exploited between 1984 and 1997, and was developed to a depth of 600 metres. Reported production during this period was approximately 328,000 ounces. There has been minor exploitation of a number of other veins, including Baksan, Geumyong, and No.1 and 7-11 Veins.

The executive general manager of the mine at time of closure is now an Advisor to Woulfe and is assisting with the evaluation. He acknowledges that the operation was not profitable at the prevailing sub-US$300 gold prices in 1997, but expressed the view that he was not in favour of closure given the known residual resources.

In 1994, Korea Resources Corporation ("Kores") completed a reserve/resource update on Muguk, resulting in a total reserve/resource estimate of 1,418,980 tonnes grading 13.5 g/t gold and 72.8 g/t silver, and containing 615,956 ounces of gold and 3,321,599 ounces of silver, based on a 10 g/t gold cut-off grade. Woulfe cautions that a Qualified Person has not done sufficient work to classify the historical estimate as current, that it is not treating the historical estimate as current and that the historical estimate should not be relied upon. The mine operated for a further three years after this estimate was undertaken.

In 2010, Woulfe completed a two-hole program at Muguk to comply with its mining rights obligations, which required a total of 750 metres to be drilled. Woulfe opted to target the secondary No.7 Vein to the west of the No.2 and Three Brothers Veins as known mining extended to a depth of a few hundred metres, and shorter holes could be confidently planned to avoid old mining cavities. The first hole intersected 2 metres at 5.6 g/t gold and 26 g/t silver at 414 metres depth, and the second hole intersected 0.36 metres at 16.6 g/t gold and 16 g/t silver at 386 metres depth.

In July 2011, Woulfe commenced a third hole targeting the depth extension of the Three Brothers Vein. This hole is currently at a depth of around 400 metres and is expected to intersect mineralisation at around 735 metres. The objective of the current drilling program is to confirm the down dip extension of the mineralisation below the historic workings and to substantiate the grades that were reported in the lower levels.

With the completed 3D model, AMC is now working on preparing the updated mineral resource estimate, with particular attention to those areas that were historically considered low grade (below 10 g/t), given the very substantial increase in gold prices since mine closure in 1997.

Brian Wesson, Woulfe CEO/President, comments that, "We are very pleased to be moving ahead with Muguk now that Sangdong is on track for development. Muguk is a very exciting gold project as it has a significant residual resource above 10 g/t gold. With the gold price now more than six times the price when the mine closed, there is potential to increase this resource significantly using a lower cut-off grade. There are numerous secondary mineralised veins within the mining field which add to the potential upside. The grades at Muguk are well above the average for operating gold mines worldwide, recently reported to be around 2 g/t gold."

This news release has been reviewed and approved in the form and context in which it appears by Woulfe's Canadian-based geological advisor, Mr. Pat Stephenson, P.Geo., of AMC Mining Consultants (Canada) Ltd. Mr Stephenson has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-18762…

[volvocb]

Antwort auf Beitrag Nr.: 42.030.845 von volvocb am 01.09.11 12:33:38

The Northern Miner
August 26, 2011

Zeitung Seite 1 und 2.

Woulfe advances Sangdong

Quelle: http://www.woulfemining.com/i/pdf/WOF-08222011-NMiner.pdf

[volvocb]

August 30, 2011
Correction: Woulfe Mining to fast-track the evaluation of its Muguk Gold Mine

--------------------------------------------------------------------------------
Vancouver, BC, Canada -- August 29th 2011 -- Woulfe Mining Corp. ("Woulfe" or
the "Company") (TSX-V: WOF) (OTCQX: WFEMF) This press release is a correction of the
press release disseminated on behalf of Woulfe Mining Corp. on Aug. 29th at 9 AM EST.
The following changes have been made: "AMC Consultants Pty Ltd." was listed in the
second paragraph as "AMC Consultants"; Korea Resources Corporation was stated to have
completed a reserve/resource update resulting in a total reserve/resource estimate in the
eighth paragraph, this has been changed to a resource estimate; and the Qualified Person
was stated to be reporting for the exploration results of the Sangdong deposit in the twelfth
paragraph, this has been changed to the Muguk deposit.

Woulfe Mining Corp. ("Woulfe" or the "Company") is pleased to announce that it is fast-tracking the
evaluation of its Muguk gold project in South Korea. Muguk was the largest gold mine in South
Korea until its premature closure in 1997 due to low gold prices.

Woulfe has appointed AMC Consultants Pty Ltd ("AMC") of Melbourne as technical advisor to the
project. AMC's initial brief is to:

• Prepare a three dimensional ("3D") digital model of the Muguk mine workings utilising the

available level plans and long sections -- completed

• Update the extensive database comprising final survey of underground workings prior to

closure, face grades, drill data, ore extraction data and process data -- work in progress

•Prepare an NI 43-101-compliant resource estimate for the main mineralised structures.

Woulfe management can now turn its attention to Muguk as its flagship Sangdong tungsten-
molybdenum project in South Korea is progressing at a rapid rate. The Sangdong feasibility study is
well advanced and construction is scheduled to commence in early 2012.

The Muguk gold-silver mineralisation is hosted within a series of parallel, steeply dipping quartz
veins that extend discontinuously for 400-2,000 metres along strike and to a known depth of 800
metres. The average width of the veins is typically less than 1 metre, although the veins pinch and
swell and can be up to 2 metres in width in places.

The two most significant veins are the No.2 vein and the Three Brothers Vein, or Samhyungje Vein.
The No.2 Vein was exploited between 1944 and 1972, and was developed to a depth of 755 metres
along a strike length of 1,800-2,000 metres. The grades reportedly varied from 7g/t gold to 50 g/t
gold. Reported production during this period was approximately 260,000 ounces of gold. The Three
Brothers Vein was exploited between 1984 and 1997, and was developed to a depth of 600 metres.
Reported production during this period was approximately 328,000 ounces. There has been minor
exploitation of a number of other veins, including Baksan, Geumyong, and Nos 1 and 7-11 Veins.

The executive general manager of the mine at time of closure is now an Advisor to Woulfe and
is assisting with the evaluation. He acknowledges that the operation was not profitable at the
prevailing sub-US$300 gold prices in 1997, but expressed the view that he was not in favour of

closure given the known residual resources.

In 1994, Korea Resources Corporation ("Kores") completed a resource update on Muguk, resulting
in a total resource estimate of 1,418,980 tonnes grading 13.5g/t gold and 72.8g/t silver, and
containing 615,956 ounces of gold and 3,321,599 ounces of silver, based on a 10g/t gold cut-off
grade. Woulfe cautions that a Qualified Person has not done sufficient work to classify the historical
estimate as current, that it is not treating the historical estimate as current and that the historical
estimate should not be relied upon. The mine operated for a further three years after this estimate
was undertaken.

In 2010, Woulfe completed a two-hole program at Muguk to comply with its mining rights
obligations, which required a total of 750 metres to be drilled. Woulfe opted to target the secondary
No.7 Vein to the west of the No.2 and Three Brothers Veins as known mining extended to a depth of
a few hundred metres, and shorter holes could be confidently planned to avoid old mining cavities.
The first hole intersected 2 metres at 5.6g/t gold and 26g/t silver at 414 metres depth, and the
second hole intersected 0.36 metres at 16.6g/t gold and 16g/t silver at 386 metres depth.

In July 2011, Woulfe commenced a third hole targeting the depth extension of the Three
Brothers Vein. This hole is currently at a depth of around 400 metres and is expected to intersect
mineralisation at around 735 metres. The objective of the current drilling program is to confirm the
down dip extension of the mineralisation below the historic workings and to substantiate the grades
that were reported in the lower levels

With the completed 3D model, AMC is now working on preparing the updated mineral resource
estimate, with particular attention to those areas that were historically considered low grade (below
10 g/t), given the very substantial increase in gold prices since mine closure in 1997.

Brian Wesson, Woulfe CEO/President, comments that "We are very pleased to be moving ahead
with Muguk now that Sangdong is on track for development. Muguk is a very exciting gold project
as it has a significant residual resource above 10g/t gold. With the gold price now more than six
times the price when the mine closed, there is potential to increase this resource significantly using
a lower cut-off grade. There are numerous secondary mineralised veins within the mining field which
add to the potential upside. The grades at Muguk are well above the average for operating gold
mines worldwide, recently reported to be around 2g/t gold".

This news release has been reviewed and approved in the form and context in which it appears
by Woulfe's Canadian-based geological advisor, Mr Pat Stephenson, P.Geo, of AMC Mining
Consultants (Canada) Ltd. Mr Stephenson has appropriate qualifications and sufficient relevant
experience to qualify as a Qualified Person for the reporting of exploration results for the Muguk
deposit.

On Behalf of the Board of Directors
Woulfe Mining Corp.

"Brian Wesson"

Quelle: http://www.woulfemining.com/s/NewsReleases.asp?ReportID=4760…

[Flow23]

Werde die Tage nochmal zwischen 0,14 und 0,15 cent zuschlagen. Die Gelegenheit erscheint mir günstig.

Finde es echt erstaunlich, dass der Tungstenpreis keinerlei Anstalten macht zu fallen. Starke Nachfrage, keine Spekulanten = gutes Umfeld für Woulfe Mining!

[manuschoen]

http://agmetalminer.com/2011/09/15/the-most-at-risk-metals/

http://ec.europa.eu/enterprise/policies/raw-materials/files/…


Geklaut vom User RiscTec aus dem Colt Resources Thread ebenfalls eine vielleicht angehehnde Wolframmine, aber eine in Europa.

Und so denkt Eric Sprott über Gold.

http://advisoranalyst.com/glablog/2011/09/14/sprott-investme…

[volvocb]

Bericht über Woulfe in der Zeitung von ende August 2011.


Quelle: http://www.woulfemining.com/i/pdf/WOF-08222011-NMiner.pdf

[volvocb]

Antwort auf Beitrag Nr.: 42.136.471 von volvocb am 26.09.11 17:55:37

Woulfe Mining Receives Clearance for Sangdong Construction from Office of Cultural Heritage


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) -Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF) is pleased to announce that it has been notified by the Office of Cultural Heritage that the proposed sites for the construction of the processing plant and mine portals have been cleared of any cultural heritage remains or restrictions (the Office of Cultural Heritage Document No. 8806).

Based on a survey conducted between May 30 and July 3 this year and consequent review process, the Office of Cultural Heritage provided its consent on July 20 to proceed with plant construction and mine development as submitted. The consent was forwarded to the local Yeongwol County government and following a period of internal review, the Company was notified last week that the clearance was granted.

Brian Wesson, CEO/President of Woulfe added, "Cultural heritage clearance is an important step to mitigate risk as we move to development. Working with authorities in South Korea continues to impress us as they require high standards but facilitate approvals. In a country with over 5,000 years of cultural heritage, cultural clearance is a big issue and this clearance allows Woulfe to finalise the mine layout."

On Behalf of the Board of Directors Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

About Woulfe Mining Corp.

....

Quelle: http://tmx.quotemedia.com/article.php?newsid=44365008&qm_sym…

[volvocb]

Antwort auf Beitrag Nr.: 42.136.487 von volvocb am 26.09.11 17:59:08

Woulfe Mining Publishes Sangdong Mine Interim NI 43-101 Resource Report

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/23/11 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF)(OTCQX: WFEMF) is pleased to announcethe publication of the interim NI 43-101 Resource Report for the Sangdong Mine.

Wardrop, a Tetra Tech company, (Wardrop) completed an Interim Resource update for the Sangdong mine in South Korea, as announced in July 2011. The interim NI 43-101 Resource Report can now be found on SEDAR at www.sedar.com and on the company website www.woulfemining.com. As previously announced the Interim Resource estimate follows completion of Woulfe's phase 1 drilling programme and other works. The resource for the skarn mineralised zones is summarised in Table 1. It is important to note that this Resource represents mineralisation only within the Upper Section of the mine. The Resource given in Table 1 represents approximately one-quarter of the dip length of known mineralisation from the old mine. Woulfe will continue to drill and explore the remainder of the dip length and refine the Resource.

Table 1. Resource estimate for Sangdong, skarn mineralised zones, Upper Section

---------------------------------------------------------------------------
Class Zone TONNES Density WO3 (%) MoS2(%)
---------------------------------------------------------------------------
'Indicated' Hangingwall 1,143,000 2.9 0.38 0.07
---------------------------------------------------------------------------
'Indicated' Main 2,076,000 2.9 0.47 0.03
---------------------------------------------------------------------------
'Indicated' Footwall 2,749,000 2.9 0.41 0.03
---------------------------------------------------------------------------
'Indicated' Total 5,968,000 0.42 0.04
---------------------------------------------------------------------------

---------------------------------------------------------------------------
'Inferred' Hangingwall 6,073,000 2.9 0.38 0.06
---------------------------------------------------------------------------
'Inferred' Main 9,002,000 2.9 0.50 0.04
---------------------------------------------------------------------------
'Inferred' Footwall 3,497,000 2.9 0.46 0.04
---------------------------------------------------------------------------
'Inferred' Total 18,572,000 0.45 0.05
---------------------------------------------------------------------------


Details

This interim Resource update (effective date July 15th 2011) is the culmination of work completed since Woulfe took charge of the project. It represents the end of the first stage of a programme to refine and understand the Resource. Woulfe gained access underground and started a comprehensive underground drilling campaign, supplemented with additional surface holes. The Interim Resource update is based on this drilling campaign and the modern surface drilling campaign completed by Woulfe's predecessor at the project.

From study of historical data the mineralisation is now better understood and also now better realised in the model. The new model can be considered a much closer representation of the geology as understood in the mine than the scoping study model. Part of the Resource presented here lies within a known higher grade section of the old mine. Average grades in this zone are approximately 0.6% WO3.

Further details of the resource estimate may be found in the report lodged on SEDAR.

Future work

Woulfe will continue to drill and explore within the Upper Section of the old mine. Definition and refinement of the Sangdong mineralisation models will continue as more underground drilling is completed. This data will increase the sample density increasing the area meeting the criteria for the 'Indicated' category. Modelling of historical mining depletion will also continue to better represent the deposit.

This news release has been reviewed and approved in the form and context in which it appears by Mr. Paul Gribble FIMMM, C.Eng, of Wardrop who are working with Woulfe on the Sangdong studies.Mr Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of Mineral Resources for the Sangdong deposit.

On Behalf of the Board of DirectorsWoulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

About Woulfe Mining Corp.

.....

Quelle: http://www.finanznachrichten.de/nachrichten-2011-09/21442182…

[volvocb]

Antwort auf Beitrag Nr.: 42.136.511 von volvocb am 26.09.11 18:03:40

Woulfe Mining Activities Update from its Sangdong Tungsten and Muguk Gold Projects






VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF) is pleased to announce that the fast-track strategy for bringing the Sangdong tungsten project back into production has successfully moved the project through each phase of development. We are proud to report that the Wardrop-led feasibility study, which began in June 2011, is expected to be completed by the end of the year with a report out in January of 2012. The completion of the feasibility study will allow Woulfe to begin the construction phase of development and provide support for a possible project finance application early next year.

HIGHLIGHTS
•Updated NI 43-101 resource released for the Sangdong tungsten/molybdenum project


•Independent valuations of Sangdong by Canadian and Korean experts confirm pre-feasibility value of around US$300M


•Sangdong feasibility study progressed during the quarter and construction expected to commence by year end


•Woulfe team invited to China by major global tungsten group to inspect facilities


•Woulfe management considering various financing options for Sangdong


•Discussions with prospective tungsten off-take partners well advanced with agreements to be formalized in the near future


•Muguk gold project progressed during quarter with 3D orebody modeling completed and resource estimations in progress


•Woulfe now trading on the US OTCQX market


•Woulfe has US$5M in cash (September 2011) and US$5.5M in 0.12 cent Warrants (expiring December 2011).


•KPMG appointed for 2011 audit in Korea and Canada



SANGDONG TUNGSTEN/MOLYBDENUM PROJECT

Strategy

During the course of 2011, the Company has refined its strategy for the development of Sangdong, a world-class tungsten brownfields project located in South Korea. This has been influenced by the strong tungsten price which has increased from around US$200/mtu of APT (metric tonne unit or 10kg of ammonium paratungstate) in early 2010 to over US$450/mtu.

Sangdong was the largest global tungsten producer prior to its closure in 1993 due to low tungsten prices (around US$40/mtu). Historic mining focused on the central skarn sheet referred to as the Main Zone which extends laterally for 1,200 metres and down dip at 20-30° for 1,500 metres. The mine is flooded below the valley floor, however the upper levels are accessible.

The strategy is to fast-track the re-opening of the mine by focusing on the upper levels. Mining will exploit the Hangingwall and Footwall Zones which lie above and below the Main Zone respectively, plus remnant mining of the Main Zone. A scoping study completed in early 2010 by Wardrop (a Tetra Tech company) UK ("Wardrop") estimated total Inferred resources of 103.2 million tonnes ("Mt") at 0.35% WO3 and 0.04% MoS2, excluding the Main Zone. This study was submitted to SEDAR in April of 2010 and is available on the Company web site. The scoping study Resource was based entirely on historical drilling data. Under current guidelines this data does not comply with NI 43-101 Quality Assurance and Quality Control (QAQC). As a result the Resource was classified in the 'Inferred' category.

The proposed steady state production rate is 1.2 million tonnes per annum ("Mtpa") although the plant will have a rated capacity of around 1.6Mtpa. First production is scheduled in early 2013.

Resource Update

In the first half of 2011, an infill drilling program was undertaken to upgrade the resource status in the upper levels focusing on the eastern half of the deposit where the access points are located. Most of the drilling was conducted from the Sangdong Level and targeted the three parallel mineralised zones.

In July, 2011 Wardrop updated the resource for the upper portion only above the historic 2 Level, with the following results:
◦Indicated resource of 6.0 Mt at 0.42% WO3 and 0.04% MoS2


◦Inferred resource of 18.6 Mt at 0.45% WO3 and 0.05% MoS2


◦plus a large tonnage of target mineralisation that requires further drilling to upgrade to resource status.



This resource estimate is now available on SEDAR and the Company web site.

This resource estimate is significant for two reasons:
◦the grade is currently higher than the scoping study grade, reflecting the higher grade remnant Main Zone mineralisation included in the latest estimate, and


◦the tonnage above 2 Level could conceivably provide the mill feed for more than 20 years, assuming upgrade of Inferred resources.

A second drilling program is underway to increase the total resource, and in particular upgrade the Inferred resource.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Feasibility Study Progress

The feasibility study was initiated in June 2011 following the completion of the scoping study which demonstrated very robust project economics at a US$250/mtu APT price. The study is due for completion by year end, and is being led by Wardrop with support from industry experts.

The study will be based on Measured/Indicated resources only, to be updated at the end of November. Phase 2 drilling will continue with three underground rigs operating to maximize the feasibility resource estimate.

Feasibility study components either completed or underway are discussed below.

Engineering Design

Detailed plant engineering is being undertaken by Contromation Energy Services ("Contromation") of Jakarta. Contromation is a multi-engineering and construction group with extensive experience in providing outsourcing services to projects particularly in the South East Asia region.

Contromation has completed the initial design for the crushing and milling circuits, and the Company has invited proposals from Korean companies for the construction of these circuits. Woulfe has purchased a new primary 2.4Mtpa crushing circuit and this is currently being shipped to Korea.

A video of the plant layout, with schematics of the deposit and plant design, is available on the Company website www.woulfemining.com.

Site geotechnical drilling has largely been completed, with additional drilling to be completed in September to finalise the foundation design.

All site survey data has been checked by a consulting surveyor and a UTM- compatible grid system has been adopted.

Metallurgical Testwork

Matt Bolu of Bolu Consulting Engineering Inc of Vancouver ("BCE") is leading the metallurgical testwork and this will be reviewed by Wardrop. BCE and Wardrop have extensive tungsten experience having been involved in numerous studies on tungsten projects worldwide.

Currently, drill core samples for the feasibility metallurgical testing program are being prepared. The program will target a process that is directed at flotation of molybdenum and sulphides, and scheelite flotation along with their respective dewatering circuits. Molybdenum concentrates may be considered for direct marketing while tungsten concentrates will be converted into APT. Other miscellaneous testing will focus on pre-concentration and gravity separation potential of the samples.

This work will be undertaken in Canada and will complement the scoping study testwork undertaken by SGS UK in 2007. The scoping study work focused on mineralogy, grinding characteristics, gravity separation, and flotation of both sulphides and scheelite.

A 1 tonne sample of core from drill holes located in the upper eastern portion of the deposit was dispatched to Canada in July. While this sample was considered representative of the mineralogy within the three mineralised zones, the overall grade was low and not representative of the forecast mining head grade. Additional samples are being prepared and will be sent to Canada in September.

Mine Geotechnical

Mike Turner of Turner Mining and Geotechnical Pty Ltd ("TMG") is leading the geotechnical evaluation and providing input to the mine design being undertaken by Wardrop. TMG will make recommendations on the extraction sequence for the three mineralised zones and on ground support requirements for the development and production stopes.

TMG has trained the site geologists on geotechnical core logging training and underground mapping, including all parameters required for the calculation of rockmass strength in terms of rock quality and for determining wedge stability for support and critical span calculations.

All core is now geotechnically logged and photographed, and drill core samples are being laboratory tested in Korea to determine strength and deformation properties for pillar designs.

Mining Design and Tailings Backfill

Drift and fill mechanized mining is been considered to optimize extraction and dispose of the tailings underground. As noted, mining will initially be carried out above the valley floor from 1 Level above, including the historic Sangdong, Taebaek, Baegun and Jangsan Levels where the Main Zone has been only partially exploited.

Drilling to date has confirmed that the three mineralised zones in the upper portion of the deposit are typically 5 to 10 metres thick and wider in places, which is ideal for bulk mining methods. The old workings have now been opened up right across the deposit to the western ventilation shaft, allowing access for further drilling and metallurgical sampling.

The natural water table in the mine is just below 1 Level and dewatering will initially be carried out to 2 Level only. The mine extends to 18 Level and further dewatering will take place on an 'as needs' basis, for ongoing drilling purposes or for opening additional backfill areas. Mining below 2 Level is not planned in the near future.

Mine access will be via a new 6m by 6m adit on the Sangdong Level and decline to 1 Level, which will accommodate the planned 40 tonne haulage trucks. Permission for the adit development has been granted by relevant authorities and site preparations have commenced.

Tailings disposal will be mostly by backfill, with a small surface tailings storage facility planned. The cement backfill will be used to support the old room and pillar stopes and modern drift and fill stopes.

Capital Cost

Plant capital cost estimates are based on the detailed design work carried out by Contromation. The Contromation cost estimate of approximately US$83 million includes all EPCM (engineering, procurement, construction management) costs plus freight and a 10% contingency. It is considered to be accurate to within 20%.

Cost estimates prepared by Woulfe, and to be independently developed by Wardrop, include approximately US$20 million for mine development and equipment, and US$20 million for the APT refinery. The mining equipment estimate is based on indicative costs provided by reputable suppliers. The refinery cost is based on discussions with a leading process-orientated engineering group with specific experience in the design and construction of APT plants in China. A delegation from Woulfe visited China in July to inspect tungsten processing and refining facilities and further discussions will be held with prospective parties with APT experience.

It was planned to construct the APT plant offsite at a port location due to logistical considerations, in particular the processing of imported third party concentrates. However, due to the high cost of land at suitable port sites, the APT plant will be located at Sangdong and in fact will utilise the old APT building if the structural integrity is intact. The tungsten concentrate can therefore be slurried directly into the refinery without filter pressing with a direct reduction in capital and operating costs.

The total capital cost estimate is around US$135 million, including indirect costs and owner's costs.

Environmental Considerations

The requirement for environmental approvals is limited as Sangdong is a brownfields site and the plant will be located on the footprint of the old plant. The land is owned by Yeongwol County and final approval for the use of this land is contingent on satisfying the authorities that appropriate mining practices will be adopted.

Based on discussions held with the various authorities involved in the permitting, no material issues are expected. Cultural heritage clearance for the site has been granted.

MUGUK GOLD PROJECT

Now that the Sangdong feasibility study is well advanced, Woulfe is fast-tracking the evaluation of its Muguk gold project in South Korea. Muguk was the largest gold mine in South Korea until its premature closure in 1997 due to low gold prices.

Woulfe has appointed AMC Consultants ("AMC") of Melbourne as technical advisor to the project. AMC's initial brief is to:
◦prepare a 3D digital model of the Muguk mine workings utilising the available level plans and long sections (completed)


◦update the extensive database comprising final survey of underground workings prior to closure, face grades, drill data, ore extraction data and process data (work in progress), and


◦prepare an NI 43-101-compliant resource estimate for the main mineralised structures.


The Muguk gold-silver mineralisation is hosted within a series of parallel, steeply dipping quartz veins that extend discontinuously for 400-2,000 metres along strike and to a known depth of 800 metres. The average width of the veins is typically less than 1 metre, although the veins pinch and swell and can be up to 2 metres in width in places.

The two most significant veins are the No.2 Vein and the Three Brothers Vein, or Samhyungje Vein. The No.2 Vein was exploited between 1944 and 1972, and was developed to a depth of 755 metres along a strike length of 1,800-2,000 metres. The grades reportedly varied from 7g/t gold to 50 g/t gold. Reported production during this period was approximately 260,000 ounces of gold. The Three Brothers Vein was exploited between 1984 and 1997, and was developed to a depth of 600 metres. Reported production during this period was approximately 328,000 ounces. There has been minor exploitation of a number of other veins, including Baksan, Geumyong, and Nos 1 and 7-11 Veins.

The executive general manager of the mine at time of closure is now an Advisor to Woulfe and is assisting with the evaluation. He acknowledges that the operation was not profitable at the prevailing sub-US$300 gold prices in 1997, but expressed the view that he was very much against mine closure at the time, given the known residual resources remaining within the structures.

In 1994, Korea Resources Corporation ("KORES") completed a resource update on Muguk, resulting in a total resource estimate of 1,418,980 tonnes grading 13.5g/t gold and 72.8g/t silver, and containing 615,956 ounces of gold and 3,321,599 ounces of silver, based on a 10g/t gold cut-off grade. Woulfe cautions that a Qualified Person has not done sufficient work to classify the historical estimate as current, that it is not treating the historical estimate as current and that the historical estimate should not be relied upon. The mine operated for a further three years after this estimate was undertaken.

In 2010, Woulfe completed a two-hole program at Muguk to comply with its mining rights obligations, which required a total of 750 metres to be drilled. Woulfe opted to target the secondary No.7 Vein to the west of the No.2 and Three Brothers Veins as known mining only extended to a depth of a few hundred metres, and shorter holes could be confidently planned to avoid old mining cavities. The first hole intersected 2 metres at 5.6g/t gold and 26g/t silver at 414 metres depth, and the second hole intersected 0.36 metres at 16.6g/t gold and 16g/t silver at 386 metres depth.

In July 2011, Woulfe commenced a third hole targeting the depth extension of the Three Brothers Vein. This hole is currently at a depth of around 600 metres and is expected to intersect mineralisation at around 735 metres. The objective of the current drilling program is to confirm the down dip extension of the mineralisation below the historic workings and to substantiate the grades that were reported in the lower levels.

With the completed 3D model, AMC is now working on preparing the updated mineral resource estimate, with particular attention to those areas that were historically considered low grade (below 10 g/t), given the very substantial increase in gold prices since mine closure in 1997.

CORPORATE

Key corporate activities progressed during the quarter relate to Sangdong and include:
◦financing options


◦tungsten off-take agreements, and


◦independent project valuation.


Woulfe management is considering a number of financing options for the estimated US$135 million initial capital cost of Sangdong. The preferred strategy will involve the least dilution to the existing Woulfe shareholders.

Management has also had very productive discussions with prospective off-take parties in Asia and Europe. Sangdong's APT product was highly regarded in the industry and Woulfe expects that its forecast output will be fully committed under new off-take agreements.

Independent valuer Ross Glanville & Associates Ltd. of Vancouver ("Glanville") completed a valuation of Sangdong in July. Glanville is of the opinion that the after-tax value of Sangdong, after paying the 2% net smelter return royalty, is approximately US$300 million, within a reasonable range from US$200 to US$400 million. Significantly, this valuation opinion takes into account a 50% reduction to reflect the project's current scoping study status. The valuation will increase on completion of the feasibility study. The valuation report is available on the Company's web site.

Woulfe also commissioned PricewaterhouseCoopers ("PwC") in Seoul to undertake a valuation of Sangdong. Due to the confidential nature of some of the information contained in the PwC report, it was not made public, however the conclusions of PwC report are consistent with the Glanville valuation opinion.

MESSAGE FROM CEO/PRESIDENT

Woulfe and Wardrop are moving rapidly forward with the feasibility study which is scheduled for completion at the end of the calendar year with the document most likely out in January. The feasibility study is important as it documents the project in detail and defines the project to the level required under National Instrument 43-101. The document will crystallize the project and would support a possible application for project finance in the form of debt early next year.

The Company has decided not to produce a prefeasibility report. The intent with the prefeasibility report was to provide the market a significant update during the 3rd quarter. However, it was decided that the expense and time required for this interim step was too high and that it would have delayed the scheduled delivery date of the full feasibility study. After meeting in London with Wardrop it was decided that we would not require Wardrop to publish a prefeasibility document but keep moving to feasibility.

With respect to Muguk, we are very pleased to be moving ahead now that Sangdong is on track for development. When it was in production, Muguk used a cut off grade of 10g/t gold. With the gold price now more than six times the price when the mine closed, we will be working to determine the resource based on a significantly lower cut-off grade. There are numerous secondary mineralised veins within the mining field which add to the potential upside. The grades at Muguk are well above the average cut-off grade for operating gold mines worldwide, recently reported to be around 2g/t gold.

The Muguk portions of this news release have been reviewed and approved in the form and context in which they appear by Woulfe's Canadian-based geological advisor, Mr. Pat Stephenson, P.Geo, of AMC Mining Consultants (Canada) Ltd. Mr. Stephenson has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results for the Muguk deposit.

The Sangdong portions of this news release have been reviewed and approved in the form and context in which they appear by Mr. Paul Gribble FIMMM, C.Eng, of Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resources for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

About Woulfe Mining Corp.

.....

Quelle: http://www.marketwire.com/press-release/woulfe-mining-activi…

[volvocb]

Antwort auf Beitrag Nr.: 42.136.517 von volvocb am 26.09.11 18:04:46

Stand Sep. 2011

3 Quartal 2011
Lease / purchase of land for plant site
Muguk NI 43-101
Pre-feasibility study to be completed
Sangdong equity investment & debt to be secured / arrangedOff-take contracts to be signed


4. Quartal bis 1.2012
Sangdong Feasibility study to be completed with update of resources Anfang 2012 fertig.
Secure major equipment for Sangdong

-Muguk 43-101 ist in 6 Wochen fertig

-Muguk Produktion vlt schon in einem Jahr

-Muguk Teilverkauf zur Finanzierung denkbar bei guten Marktumfeld



- die >10mio cash bzw. options dürften bis Anfang 2012 reichen

- mit der Klärung der Finanzierungsfrage dürfte dann im Q1.2012 zu rechnen sein



HIGHLIGHTS
•Updated NI 43-101 resource released for the Sangdong tungsten/molybdenum project


•Independent valuations of Sangdong by Canadian and Korean experts confirm pre-feasibility value of around US$300M


•Sangdong feasibility study progressed during the quarter and construction expected to commence by year end


•Woulfe team invited to China by major global tungsten group to inspect facilities


•Woulfe management considering various financing options for Sangdong


•Discussions with prospective tungsten off-take partners well advanced with agreements to be formalized in the near future


•Muguk gold project progressed during quarter with 3D orebody modeling completed and resource estimations in progress


•Woulfe now trading on the US OTCQX market


•Woulfe has US$5M in cash (September 2011) and US$5.5M in 0.12 cent Warrants (expiring December 2011).


•KPMG appointed for 2011 audit in Korea and Canada

Quelle: aus dem Woulfe Forum hier und Quelle: http://www.marketwire.com/press-release/woulfe-mining-activi…

[volvocb]

September Presentation 22 Seiten

Quelle: http://www.woulfemining.com/i/pdf/Woulfe-Mining-OCT-Presenta…

[volvocb]

Antwort auf Beitrag Nr.: 42.189.901 von volvocb am 09.10.11 21:47:17

Major Shareholders (September 2011) WOF
 Commonwealth Bank of Australia 36,996,000
13.7%
 Korea Zinc 33,333,333
10.2%
 Resinco Capital Partners 25,792,353
9.6%
 Sewoo Mining 20,459,207
7.6%

[volvocb]

Antwort auf Beitrag Nr.: 42.189.910 von volvocb am 09.10.11 21:51:56

noch im Oktober

-Off-take contracts to be signed
-Complete floatation layout
-Application for construction

Im 4 Q. 2011

-Cash investment to be secured
-Secure major equipment(mill and jumbo)
-Break ground, start earth works and foundations
-Lease / purchase of land for plant site
-Feasibility Study to be completed with update of resources

[volvocb]

Antwort auf Beitrag Nr.: 42.189.966 von volvocb am 09.10.11 22:07:54

Deutscher Kontakt zu WOF
Christoph Brüning
Value Relations GmbH
P [phone]
E-Mail: [e-mail]

[volvocb]

South Korea: vying with China for access to 'strategic metals'

http://www.objectivecapitalconferences.com/ocic/globalR2011/…

...interessantes Video...

Inhalt:

Hallo Berma,

habe soeben das Video gesehen.
Werde aber nur die wichtigsten Fakten wiedergeben.

Einges zu Tungsten:
- in technischen Applikationen wird sehr viel Tungsten verbaut
- China hat es zum strategischen Metall erklärt
- es wird erwartet, dass sich der Preis über die nächsten 5 Jahre auf hohem Niveau hält


Einiges zur Woulfe:
- mit vielen Big Playern im Gespräch
- gute Leute im Team (haben schon Minen geplant / umgesetzt)

Wesson lobte Südkorea als Standort:
- gebildete Leute, fleißig und motiviert
- fünf Jahre sind sie steuerfrei (weil sie investieren), danach nur halber Steuersatz (befristet)
- deutsches Rechtssystem

Es wurde sehr viel zu SangDong gesagt:
- Überblick über das was bisher erreicht wurde (das wissen hier wohl die meisten)
- innerhalb der nächsten 2 Monate soll Finanzierung stehen (bis zur 50 Mio Dollar sagte er)
- ein letztes Permit zur Konstruktion fehlt (sei aber wohl nur aufgrund fehlender Unterlagen von Woulfe, die in Kürze nachgereicht werden)
- 10 bis 20 Jahre Minenleben angestrebt
- Footwall Zone wird erst später interessant, wenn Preise stabil bleiben und Woulfe genug Cash hat
- Hauptkonkurrent ist China, westliche Minen sind keine ernst zu nehmende Konkurrenz bei Tungsten, da sie nicht so profitabel wie Woulfe produzieren und bei Preisverfall aus dem Markt gedrängt werden
- PFS bis Jahresende (oder FS?)


Muguk:
- wird jetzt mit Hochdruck bearbeitet
- 3d Arbeiten laufen
- Muguk wird langes Minenleben bescheinigt
- ...

Ich hoffe ich habe nichts wesentliches vergessen bzw. keine falschen Angaben gemacht. Notfalls selber das Video gucken, wenn der Browser es erlaubt!

Liebe Grüße

RugbyGandalf

Quelle: http://www.wallstreet-online.de/diskussion/1090248-74621-746…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.397 von volvocb am 08.11.11 20:24:38

October 24, 2011
Woulfe Mining gains explosive license, takes first blast and first process equipment is delivered to site.



Vancouver, British Columbia -- October XXth 2011 - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF)(OTCQX: WFEMF) is pleased to announce major steps forward for Woulfe in the development of its Sangdong Tungsten/ Molybdenum project in South Korea.

The delivery of the Metso minerals front end crushing equipment and the Terex feeding equipment marked the first equipment delivery to the mine site. The equipment was purchased at a significant discount to value. Woulfe will be purchasing new European-made crushing and grinding equipment where reliability is vital. The four truckloads of heavy equipment were delivered directly to the mine site and unloaded with ease, which demonstrates the advantage of being located in the midst of significant industrial infrastructure.

In the latter part of the month Woulfe received an explosives license, built an underground storage facility and initiated the first blast since closure in 1993. The F2 foot wall ore body was blasted. This zone will be the initial point of mining and representative of the initial years of operations. The blast has allowed the Company to extract two bulk samples for proof of process through metallurgical testwork and APT/oxide plant design. The mine has now been opened from one level in the base of the valley floor to the top of the mountain and across the entire 1.2 km strike of the ore body. During the opening, many new target areas were discovered which were initially prepared by Korea Tungsten prior to the 1993 closure of the mine. The closure was due to commodity prices falling by 600% in the 1980s.

The two bulk samples have been taken from the footwall and main ore bodies and will be shipped for pilot testing to prove process prior to construction of the flotation plant in 2012. Construction of the crushing plant is scheduled for later this year. Other metallurgical testwork is progressing with backfill and tailings testing being carried out in the United Kingdom as well as flotation work in Australia and Canada to finalise the process flow sheet for a base line to be proved by bulk samples. Woulfe has an aggressive development schedule and is deploying consultants and laboratories in Canada and Australia to optimise the flow sheet. Once the flow sheet is optimised, the bulk samples will be piloted in two locations; China, the leader in tungsten processing, and Perth Australia. Pictures and more information can be obtained on the Company's website at www.woulfemining.com

"Woulfe is excited to see all the levels of the mine open above the valley floor, three drills running 24/7, the commencement of blasting work and the first arrival of equipment on site, " said Woulfe Mining CEO Brian Wesson.

This press release has been reviewed and approved by Brian Wesson Fellow Australian Institute Mining and Metallurgy. Mr. Wesson has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of the contents of this press release.


On Behalf of the Board of Directors

Woulfe Mining Corp.

Quell: http://www.woulfemining.com/s/NewsReleases.asp

[volvocb]

Antwort auf Beitrag Nr.: 42.321.410 von volvocb am 08.11.11 20:27:24

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2011
DATE OF REPORT: October 26, 2011

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000NQFYQ45_1535zAG…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.433 von volvocb am 08.11.11 20:32:03

Consolidated Financial Statements of
(An Exploration Stage Company)
WOULFE MINING CORP.
Years ended June 30, 2011 and 2010

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.454 von volvocb am 08.11.11 20:33:51

ANNUAL INFORMATION FORM
For the year ended June 30, 2011

97 Seiten!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=1&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.472 von volvocb am 08.11.11 20:36:19

Posts tagged ‘Woulfe Mining Corp. (WOF)’


Full Feas Ahead
September 14th, 2011

Woulfe Fast-Tracks Tungsten and Gold in South Korea

By Greg Klein


He’s not so much having it both ways as hedging it both ways—gold against a bear market and tungsten against a bull. That helps explain Woulfe Mining CEO/President Brian Wesson’s excitement about his company’s two South Korea properties, the Sangdong Tungsten-Molybdenum Project and the Muguk Gold-Silver Project.

“If you look at tungsten and gold, they’re based on totally different fundamentals,” he says. “If the world tanks, our company’s got gold. If the world keeps going as it is, we’ve got both. If the world comes right, tungsten will climb because it runs the GDP.”

It lacks gold’s illustrious image, but tungsten is employed to render other metals tougher and more resistant to heat, such as the drill bits used in mining. It’s also used to create hard-metal alloys, lamp filaments, electrical and electronic contacts and in chemical applications such as pigments, paints and lubricants.



“I think it’s about to have its day because without tungsten you can’t make anything,” Wesson says. “It’s very strategic, and it was outperforming gold until America was downgraded. I think gold is just ticking past tungsten at the moment.” Sangdong had been in production until 1992, when it was shuttered by falling prices.

About 85% of world tungsten supply comes from China, which has slashed exports and now imports the stuff itself. Meanwhile, demand increases elsewhere. It’s usually traded in the form of ammonium paratungstate (APT), whose spot price shot from $261 per metric ton unit in October 2010 to a high of $465 last July, Wesson says. He expects the price to hit $475 next year.

Yet Sangdong’s April 2010 PEA based its numbers on a price of $250 per mtu. The study projected a 3.4-year payback on a CAPEX of $289.3 million, a 26.4% internal rate of return, a $462 million net present value (at an 8% discount rate) and a 40-year mine life.

Not only has APT’s spot price risen dramatically since then, but so has Sangdong’s resource. Its July 2011 43-101 estimated 5.97 million tonnes grading 0.42% WO3 (tungsten oxide powder) and 0.4% MoS2 (molybdenum disulfide) indicated and 18.57 million tonnes grading 0.45% WO3 and 0.05% MoS2 inferred. Drilling continues.

“Grades have gone up 30% on the new resource,” Wesson points out. “The average Chinese grade is 0.2. Our grade is twice the average Chinese grade and four times some of the little projects around the world.”

The company has skipped the prefeasibility stage. “Feasibility is what we really need because that’s what the market wants,” Wesson says. “Prefeasibility is a bit like scoping—it’s another nice document, isn’t it?”

In July the company announced a radically reduced CAPEX, dropping from $289.3 million to $135 million for a bulk underground drift and fill mining operation. The saving means reducing plant capacity from 2.4 million tonnes to 1.2 million tonnes a year.

And with construction beginning before feasibility’s finished, patience isn’t obviously a Woulfe virtue. “The document will hit the market in probably January,” Wesson says. “But we’ll start putting concrete on the ground before the end of the year. We bought the crusher; it’s actually on a ship on the way to the site.” Production’s slated for late 2012.

Why the hurry? Wesson explains, “Now that the price of tungsten has almost doubled, there’s a lot of interest in getting this thing going.”


Feasibility is what we really need because that’s what the market wants. Prefeasibility is a bit like scoping—it’s another nice document, isn’t it? —Brian Wesson

Which should, in turn, help finance Woulfe’s Muguk Gold-Silver Project. Another past-producing mine, Muguk has a 1994 non-43-101 resource of 620,000 gold ounces and 3.3 million silver ounces.

Again, things are moving quickly. “What’s very significant about Muguk is it was mined all those years at an average cutoff grade of 10 grams,” Wesson says. “At today’s price you can run that mine at about two grams. It closed in 1997, but the law in Korea requires you to do a full survey of the mine before you close. So we’ve got a detailed survey that allowed us to do this very accurate 3D model, and we’ve just appointed [AMC Consultants] to do our 43-101 resource,” which is due in about six weeks.

Production, he says, could be as little as a year away. “We know we got gold in the ground; we know its free milling; we know there’s no metallurgical risk. We have no doubt that the project would be economic. I would say with Muguk our next step is to get underground. It all depends on the market. If the markets are very good, and we could list off part of it and get equity, we would probably just open Muguk.

“Everybody’s looking at risk—country risk, commodity risk and timing,” Wesson continues. “In Korea we have security of title, a good legal system, stable country, the world’s eleventh-biggest economy. Both our commodities are very strong and both of them at different sides of the market. Our tungsten grades are twice as high as China’s. Our gold grade is substantially higher. That puts us in the low-production cutoff. We went around and found these projects mostly to find something that could give a return to shareholders.”

Woulfe also has three early-stage projects in South Korea: the Ogchon Uranium Project, the Yeonwha Lead-Zinc Property and the Chongyang Mine, a former tungsten producer.

Woulfe has no debt, $5 million in cash and another $5 million in warrants due in December, Wesson says. At press time the company had 268.5 million shares trading at $0.215 for a market cap of $57.7 million. As of July, major shareholders included Colonial Bank of Australia with 13.8% and Korea Zinc Co Ltd with 12.5%.

Posted in Articles by Will Roy - Resource Clips | Comments Off

Quelle: http://resourceclips.com/tag/wof_ca/

[volvocb]

Antwort auf Beitrag Nr.: 42.321.502 von volvocb am 08.11.11 20:42:58

Unbedingt mal anschauen!!

Schöne Übersicht.


http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownershi…

HOLDINGS SUMMARY

Top Institutional Holders

Top Mutual Fund Holders

[volvocb]

Antwort auf Beitrag Nr.: 42.321.527 von volvocb am 08.11.11 20:46:41

Bericht über Woulfe!!!!

08.11.2011 - 17:16 Uhr von Heiko Böhmer

Rohstoff-Exotik: Wolfram aus Südkorea

Bald in Südkorea: Eine Wolfram-Mine


Rohstoffe decken ein breites Spektrum ab. Neben den gängigen Edelmetallen gibt es auch exotische Metalle wie Wolfram. Und neben den gängigen Ländern gibt es auch exotische Abbaugebiete.

Dazu zählt ohne Frage Südkorea. Das asiatische Land ist für seine Schwerindustrie und einige Elektronikunternehmen bekannt. Aber Rohstoffe? Auch in diesem Segment ist das Land interessant.

Auf der Edelmetall- und Rohstoffmesse in München bin ich in diesem Zusammenhang auf ein interessantes Unternehmen gestoßen: Woulfe Mining. Das kanadische Rohstoffunternehmen entwickelt das Sangdong Vorkommen. Genauer gesagt handelt es sich um die Sangdong Mine, denn dort gab es schon eine große historische Produktion.

Doch durch das massive Angebot aus China und die sinkenden Weltmarktpreise für Wolfram war in der Mine keine wirtschaftlich ertragreiche Produktion mehr möglich. Doch genau das möchte Woulfe Mining jetzt umsetzen.

Doch zunächst noch einige allgemeine Angaben zu Wolfram – denn dieses Metall ist derzeit sehr begehrt. Es fällt in die Kategorie der strategischen Metalle. Und die Nachfrage in diesem Sektor wird durch die weltweite wirtschaftliche Entwicklung und die fortschreitende Globalisierung vorangetrieben.

China steht aktuell für 80% der weltweiten Wolframprodukte. Und zur Kontrolle des Marktes hat China Exportkontrollen eingeführt, die erst einmal bis Ende 2012 laufen. Bei den Einsatzgebieten stehen Werkzeuge mit einem Anteil von rund 60% ganz klar an der Spitze.

Doch in Zukunft ist auf jeden Fall mit einem weiteren Wachstum zu rechnen. Dazu sollen neue High-Tech-Anwendungen wie in LCD und LED-Panels aber auch medizinische Instrumente beitragen. Wolfram zeichnet sich durch den höchsten Schmelzpunkt aller Metalle bei 3.422 Grad Celsius aus. Zudem sind Wolfram-Oberflächen extrem abriebfest. Diese Oberflächen halten 100mal länger als Stahl.

Woulfe Mining: Produktion soll 2012 starten

Nach einem extremen Preisausschlag seit der Finanzkrise 2009 hat sich der Wolframpreis bei rund 400 Dollar eingependelt. Laut aktueller Prognosen ist das auch das Niveau für die nächsten Jahre. Von diesem stabilen Preisniveau möchte jetzt auch Woulfe Mining profitieren.

Dabei setzt das Unternehmen mit der Sangdong Mine auf ein Vorkommen, wo schon über 40 Jahre lang produziert worden ist. Laut der vorliegenden Schätzungen hat die Ressource aber immer noch ein Potenzial von weiteren 80 Jahren mit einer Ressource von 5,9 Mio. Tonnen mit einem Durchschnittsgehalt von 0,43% Wolfram.

Die mittelfristige Planung sieht nun vor, dass noch im kommenden Jahr die Produktion aufgenommen werden soll. Und danach ist geplant in weiteren 18 Monaten auch den Break-Even zu erreichen.

Zur Umsetzung dieses engen Zeitrahmens kann Woulfe Mining vor Ort in Südkorea auf einige Experten zurückgreifen, die schon jahrelang in der Mine gearbeitet haben. Noch hat die Börse das große Potenzial des Unternehmen nicht erkannt: Vielleicht liegt es am Rohstoff Wolfram und am exotischen Land Südkorea.


Quell: http://www.gevestor.de/details/rohstoff-exotik-wolfram-aus-s…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.537 von volvocb am 08.11.11 20:48:10

Brian Wesson - Woulfe Mining - South Korea tungsten

Hochgeladen von objcapconferences am 04.11.2011

Brian Wesson CEO of Woulfe Mining spoke at the Objective Capital Global

Quell: http://www.youtube.com/watch?v=g5N1VTsdg3I

[volvocb]

Antwort auf Beitrag Nr.: 42.321.546 von volvocb am 08.11.11 20:49:20

Woulfe Mining Corp. vom 3.11.2011 von Standard u. poors

Profile
Ticker WOF | Primary Stock Exchange TSX Venture Exchange

Overview: This mineral exploration company has a diversified portfolio of mining licenses for tungsten,
molybdenum, gold, base metals and uranium-vanadium in South Korea.

Incorporated: INCORPORATED in British Columbia Nov. 1, 2007, as the continuance of Oriental Minerals Inc., a
Yukon corporation; name changed to Woulfe Mining Corp. Feb. 25, 2010. The Yukon corporation was incorporated
Ap. 18, 2005, as the continuance of an Alberta corporation originally organized Sept. 22, 1993, as Mesa Butte
Resources Ltd.; name changed to CanAustra Resources Inc. Nov. 18, 1996, and to Oriental Minerals Inc. July 13,
2005.

Background: Woulfe Mining Corp., in the exploration stage as of December 31, 2010, acquires and explores
mineral property interests in South Korea. It has a diversified portfolio of mining licenses for tungsten,
molybdenum, gold, base metals and uranium-vanadium in South Korea. The company's projects include the
Sangdong tungsten-molybdenum mine; the Muguk gold-silver mine; and a number of other properties with
significant known mineralization. The Sangdong Project, the company's most advanced project, is a
tungsten-molybdenum deposit with bismuth and gold as byproducts. It is located 187 kilometers southeast of
Seoul in eastern South Korea. Woulfe holds a 70% interest in the Sangdong Project. In March 2011, the company
reported on its activities and plans at the Sangdong tungsten-molybdenum project in South Korea. Woulfe is
advancing the Sangdong project by simultaneously working on five key project objectives. The plan is to have
four critical items completed by en(Continued on the next page of this
report)

3 Seiten!!!
Quelle: http://reports.standardandpoors.com/aidata/maccess/pdf/98212…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.591 von volvocb am 08.11.11 20:56:20

Woulfe Mining Corp.

Corporate Presentation

Date & time: Nov 15, 2011 - 12:00 PM EST

Location of the event (Map)
The Langham Hotel Boston
250 Franklin Street
Boston, Massachusetts, 02110
(Cleveland Room)

For further information please contact

Barbara Komorowski
Peter Mahzari

Guy Hurd

Montréal
Telephone: [phone]
Fax: [phone]
Toronto
Telephone: [phone]
Fax: [phone]

Quelle: http://www.renmarkfinancial.com/en/Events/Corporate-Presenta…

[volvocb]

Antwort auf Beitrag Nr.: 42.321.603 von volvocb am 08.11.11 20:58:39

Woulfe Mining Corp.


Corporate Presentation

Date & time: Nov 16, 2011 - 12:00 PM CST

Location of the event (Map)
JW Marriott Chicago
151 West Adams Street
Chicago, Illinois, 60603
(TBA)

For further information please contact
.....

Quelle:http://www.renmarkfinancial.com/en/Events/Corporate-Presenta…

[volvocb]

http://twitter.com/#!/woulfemining

Brian Wesson hat gestern und heute was getwittert.
News über Uranium und Tungsten.

[volvocb]

Antwort auf Beitrag Nr.: 42.333.410 von volvocb am 10.11.11 19:45:09

Es gibt eine neue Seite auf Facebook, aktuell ab Oktober mit News.
Somit hat Woulfe jetzt 2 Seiten bei Facebook.

Twitter ist seit gestern auch wieder Aktiv.

Erreichbar über die Hompage auf der ersten seite, links.
http://www.woulfemining.com/s/Home.asp

Ganz schön Modern Woulfe!

[volvocb]

Talking about and reading the valuation opinion for Woulfe Mining

November 15, 2011 | Author: HXJQ OF CHINA | Posted in Advertising Articles

Glanville is of the opinion that the after-tax value of Sangdong, after paying the 2% net smelter return royalty, is approximately US$300 million, within a reasonable range from US$200 million to US$400 million. This Valuation Opinion takes into account a 50% reduction from the calculated net present value, as the project Prefeasibility and Feasibility Studies are yet to be completed. Woulfe is on target to publish the Prefeasibility Study and the full Feasibility Study later this year. In the method used for this valuation, annual cash flows are projected over the expected life of the project, and these cash flows are then discounted at an appropriate rate to arrive at a Net Present Value. A comprehensive in-house cash flow model has been prepared and reviewed by Glanville. That comprehensive model has been utilized by Glanville to generate cash flow projections based on a number of different input parameters and assumptions, some of which are different from those utilized by Woulfe (including a higher estimated capital cost). Some of the key input assumptions include a sales price of US$375 per metric tonne unit of WO3 (in ammonium paratungstate), a twenty-one year mine life at an annual mill-feed production rate of 1.2 million tonnes, an average grade of 0.41% WO3, and an after-tax constant-dollar discount rate of 8%. Brian Wesson, CEO and President of Woulfe, commented, 'The Valuation Opinion is within the range we were expecting. We undertook this valuation to assist the Woulfe Board in evaluating potential transactions that may eventuate. With this document in hand, the Board will be in a better position to make decisions in the best interest of Woulfe shareholders.' As the information provided in the Valuation Opinion does not contain an economic analysis which conforms with National Instrument 43-101, the economic viability of Sangdong will remain uncertain until completion of at least the Prefeasibility Study, which is expected in a couple of months. As previously announced, the Company commissioned PricewaterhouseCoopers ('PwC') to undertake a valuation of Sangdong, and this valuation has been completed. However, due to the confidential nature of some of the information contained in the report by PwC, it will not be submitted to SEDAR. The conclusions of the PwC report are consistent with this Valuation Opinion. Woulfe Mining Corp. is a TSX-V listed company with a diversified portfolio of mining licenses for tungsten, molybdenum, gold, base metals and uranium-vanadium in South Korea. In China, Henan Hongxing is titled as 'China Famous Machinery Brand', there are series of machines, jaw crusher, impact crusher, ball press, ball mill, Raymond mill, limestone jaw crusher. The company is focused on the development of the Sangdong tungsten mine (one of the World's largest and most renowned tungsten mine's for 40 years) a property that we believe has substantial value for our shareholders. The outcome of the scoping study in March 2010 determined that the project NPV was US$467 million at a commodity price of $25,000 per tonne Ammonium Paratungstate (APT). Today, the APT price is over US$45,000 per tonne. Woulfe has accelerated the project due to the robust project and market. The company's target is to move to production at the end of 2012. In the last 18 months the company has focused on building the Sangdong tungsten mine team and reopening the mine. The project is well staffed with professionals and is moving forward rapidly. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. jaw crusher: http://www.hxjq-crusher.com/1.html impact crusher: http://www.hxjq-crusher.com/2.html ball mill: http://www.hxjq-crusher.com/20.html Raymond mill: http://www.hxjq-crusher.com/11.html

Quelle: http://www.212articles.com/talking-about-and-reading-the-val…

[volvocb]

Antwort auf Beitrag Nr.: 42.359.895 von volvocb am 16.11.11 19:32:46

Insider Summary for Woulfe Mining Corp. (WOF:CA)

Quelle: http://ca.hotstocked.com/companies/w/woulfe-mining-corp.-WOF…

[volvocb]

November 17, 2011
Woulfe Mining Buys Out Royalty and Moves to 100% Ownership of Sangdong Project


VANCOUVER, BRITISH COLUMBIA -- November 17, 2011 -- Woulfe Mining Corp. (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) ("Woulfe" or the "Company") is pleased to announce that it has negotiated the purchase of the 2% net smelter royalty retained on the Sangdong tungsten-molybedenum project in South Korea from the vendor, Se Woo Mining Co. Ltd., for CDN$3.5 million, of which $500,000 was paid on execution of the agreement and the balance of which is payable by December 19, 2011. In addition, the Company negotiated an amendment to the acquisition agreement originally dated October 9, 2006 in respect of the Sangdong project, such that the final outstanding 30% interest in the mining titles shall vest to the Company immediately as part of the completion of the payments noted above. As a result of the foregoing, the Company will hold a 100% interest in the Sangdong project. Woulfe will make the payments from working capital.

"The agreement with Se Woo concludes all remaining obligations under the purchase agreement for the Sangdong mine and more significantly buying the 2% NSR (Net Smelter Royalty) is beneficial for shareholders. As the company is focused on development next year, it is important to secure as much value from the project for our shareholders," stated Brian Wesson, President, CEO and Director of Woulfe. "Woulfe's board and management agreed that consolidation of all aspects of the title are particularly important at this time. Based on forward projections of the NSR, we have been able to negotiate a very fair purchase based on cooperation from Se Woo Mining."


On Behalf of the Board of Directors
Woulfe Mining Corp.


Quelle: http://www.woulfemining.com/s/NewsReleases.asp?ReportID=4913…

[volvocb]

Analyst Research Reports Neuste vom 5.11.11

Report
Woulfe Mining Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile $ 20,00
Buy
Woulfe Mining Corp. (WOF) - Financial and Strategic Analysis Review
Provider: GlobalData $ 125,00
Buy
Woulfe Mining
Provider: Standard & Poor's Factual Report $ 35,00
Buy
Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review
Provider: GlobalData $ 81,00
Buy
Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review
Provider: GlobalData $ 125,00
Buy
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
» More Analyst ResearchPortfolios2 portfolios hold WOF.V

Quelle: http://www.reuters.com/finance/stocks/overview?symbol=WOF.V

Besitzt einer von euch so einen Anlysten Report???
Danke

[volvocb]

FWB, the Frankfurt Stock Exchange: Easy Listings for Canadian Junior Mining Companies

Tue, Nov 15, 2011

By Karan Kumar – Exclusive to Resource Investing News

More than a 100 Canadian mining companies are listed on the Frankfurt Stock Exchange, one of the biggest and most international bourses in the world. While a junior miner may think a listing in Frankfurt is an arduous and difficult task, the reality is different. There is no myth or mystery about listing in Frankfurt.

Most companies that seek a listing in Frankfurt are “listed in the second quotation board of our open market, which means that their home market is on some other stock exchange,” said Letitia Adam, a spokeswoman for Deutsche Boerse AG, which runs the Frankfurt Stock Exchange.

A second listing on the Frankfurt Stock Exchange can happen extremely fast, sometimes even within a week and affordably, experts say. Marvin Rowe, managing director of Go Public Pros GmbH in Berlin, told Resource Investing News: “Yes, a listing on the Frankfurt is actually very fast and simple, especially compared to the TSX and other exchanges. For example, we, in conjunction with our law firm, list companies in a matter of weeks. The process of listing is quite easy.”

A listing on the second quotation board costs about 20,000 euros in total, not counting a prospectus if a company wants that, Rowe said, adding that it only takes a week “It is very easy and affordable.”

The 102 Canadian miners listed in Frankfurt include the following: Commerce Resources (TSXV:CCE,OTCQX:CMRZF,FWB7H), a Vancouver-based tantalum and rare earth exploration firm, Anvil Mining Ltd. (TSX:AVM,ASX:AVM,FWB:FBJA), a copper producer with offices in Canada, Australia, South Africa and the Democratic Republic of Congo. Others include Avino Silver & Gold Mines (TSXV:ASM,OTCBB:ASGMF,FWB:GV6), a gold and silver exploration company with projects in Mexico and Woulfe Mining (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) a Canadian-based exploration company with a tungsten project in South Korea, listed on the Toronto, Frankfurt and American stock exchanges.

The basic inclusion criteria for a listing in Frankfurt, according to Deutsche Boerse, is an application with an accurate designation of the security to be listed and information as to the domestic or foreign market where prices are already fixed for the shares. In addition, the application must be submitted in written form by a company already admitted to trading at the Frankfurt Stock Exchange.

“The most important question our clients ask is ‘can I raise money on the Frankfurt Stock Exchange?’ The short answer is, ‘yes’, but… investors only invest in companies because they like the company and think the rewards far outweigh the risk. We find that it is easier to raise money in Europe than in the US, for example.”

While a listing is easy, “the hard part begins after the listing, and that is where we find that our clients need the most help,” Rowe said. “The way we deal with the ‘unknown’ for our clients is that we remain on as advisors and partners well after the listing to help with everything. So does our law firm, FSE Law GmbH. I suppose if it were not for this, it might be a fairly daunting task.”

Rowe added that since 2006, about 127 Canadian companies have listed in Frankfurt, with 56 in 2011 alone. “Listings have definitely picked up recently for Canadian companies of all kinds. Frankfurt listings give companies fantastic exposure.”

Rowe said the Frankfurt Stock Exchange has massive exposure to investor capital with greater than 250 international trading institutions and more than 4,500 traders worldwide. “Investors directly connected to trading on the Frankfurt Stock Exchange represent a full 35 percent of the world’s investment capital.”

In addition, a listing in Frankfurt gives a company “the ability to reach the huge European investor market” and provides opportunities to “greatly expand the ability to raise equity or debt financing.”


Quelle: http://resourceinvestingnews.com/26134-fwb-the-frankfurt-sto…

[derrmste]

Hallo volvocb,

erst einmal vielen Dank für deine, hier im Forum, unermüdliche Arbeit und Informationen.
Leider scheint sich keiner mehr für die Aktie zu interessieren. I scho.
Wahrscheinlich kommt hier erst wieder Bewegung rein, wenn die das Produzieren anfangen. Kann man blos hoffen, dass der Wolframpreis in den heutigen Regionen bleibt.

Danke, servus derrmste

[volvocb]

Servus derermste,
bitte,

Interesse ist vorhanden, wie man letzte Woche an den Umsätzen gesehen hat, leider wird durch wenige Verkäufe der Kurs immer wieder zurück geholt.

Das Interesse wird erst groß, wenn die Finanzierung steht und die Machbarkeitsstudie fertig ist.

Bewegung in den Kurs wird in den nächsten 2 Monaten sicher kommen.

Ende Januar werden wir sicher weit über 50 cent stehen, falls eine Finanzierung und die Machbarkeitsstudie erfolgreich sowie positiv abgeschloßen und Anfang Januar vorgestellt wurde.

Im Dezember könnte noch News von Muguk über Bohrergebnisse kommmen sowie News über Finazierung sowie über feste Abnehmer von Wolfram bei WOF.

Es wird ja schon fleissig in Sangdong ein Teil der Anlagen aufgebaut.

Eine letzte ausstehende Lizenz müsste jetzt auch bald genehmigt werden.

Spätestens in 14 Monaten nach Beginn vom Abbau von Wolfram und Gold bei WOF wird der Kurs sicherlich weit über 3€ stehen. Alles andere wäre sehr enttäuschend.
Der Preis für Wolfram und Gold wird hoch bleiben, der Wolframpreis wird durch die Chinesen hoch gehalten sowie die Nachfrage von China, Europa, USA und bald sicher auch durch Indien bleibt hoch und durch die Wirtschaft und Eurokrise bleibt auch Gold sehr gefragt.

Das einzige was Wof aufhalten kann, ist ein Krieg mit (z.B. Nordkorea) oder eine Globalekrise mit starken Einbrechen der Rohstoffepreise.

Beide Sachen werden nicht ewig anhalten, für langfriste Anleger besteht kein Grund um nicht zu Investieren.

Eigentlich müsste mit dem Gewinn was WOF machen wird, locker eine Finanzierung möglich sein. Die Banken sind leider sehr ängstlich mit der Vergabe von hohen Krediten geworden und Warren Buffett kennt Wof noch nicht oder?

Die Banken oder Investoren wollen erst die Machbarkeitsstudie sehen bevor sie Investieren oder Kredite vergeben. Da sie im Dezember fertig sein soll, werden wir vielleicht aufregende Weihnachten haben.

Alles meine Meinung und kein Kauf- oder Verkaufsmeinung.

[volvocb]

Antwort auf Beitrag Nr.: 42.365.909 von volvocb am 17.11.11 19:50:45

Woulfe Mining takes ownership of Korea tungsten-molybdenum site

http://www.metal-pages.com/news/story/58416/woulfe-mining-ta… Nov 17th 2011, 17:30

Woulfe Mining says …


Quelle: http://markssin.biz/2011/11/17/woulfe-mining-takes-ownership…

[Heinzmann]

"Spätestens in 14 Monaten nach Beginn vom Abbau von Wolfram und Gold bei WOF wird der Kurs sicherlich weit über 3€ stehen. Alles andere wäre sehr enttäuschend."
Nur 3 Euro????
Wir stehen in 14 Monaten mindestens bei 30 €, oder 300 €??
Ach, ich hänge noch eine Null an. Ich sage voraus, wir stehen bei 3000,- €!!

[Ruhrpott45701]

Also 3 Euronen halte ich auch für ein bischen übertrieben, dann hätten wir ne Marktkap. von ca 1MRD. wenn wir hier mal den Euro wiedersehen wäre ich schon mal zufrieden oder wie kommst du auf solche Kursziele??

[volvocb]

Warum sollten wir keine Marktkap. von 800 MIO erreichen? Bei 3€.
z.B. Thompson Creek hat zurzeit 770 Mio. bei 4.54€. stand aber schon mal bei 15€ mit einer Marktkap. von 2,5 Mrd.

(Wof) stand früher auch schon mal bei 2.40€, auch wenn der Run auf Rohstoffaktien früher größer war.

Kaum jemannd würde hier Investieren, wenn wir nur die 1€ Marke schaffen würden, auch wenn du schon damit zufrieden wärst.

Die Rohstoffe bei WOF mit Wolfram und andere Metalle, Gold und Uran später mal, wird sicher mehr Wert sein, als das wir nur den 1 Euro schaffen würden.

Eine genaue Wertanalyse von WOF, können dir bestimmt paar Profis im anderem Forum genauer erläutern.



Ps. Das Heinzi lacht, war klar. Bei hohen Kurszielen taucht er plötzlich wieder auf. 3000€ supi, dein Tief hat ja auch fast gestimmt bei Wof.

[seidenspinner]

Antwort auf Beitrag Nr.: 42.372.931 von volvocb am 19.11.11 14:46:54

Na ich rechne schon noch mit einer saftigen KE mindestens in Höhe der bisherigen Aktienanzahl. Bei dann 500 Mios Aktien sind 1€ schon sehr ambitioniert.

[Ruhrpott45701]

Antwort auf Beitrag Nr.: 42.372.931 von volvocb am 19.11.11 14:46:54

[kbe]

Muguk soll doch ca.1 Mio Unzen Gold beinhalten,wenn ich mich nicht irre.Je Unze Gold sollten schon 100 Dollar Marketcap.möglich sein.Das macht schon mal 100 Mio.Dollar Marketcap.

[Heinzmann]

"Die Rohstoffe bei WOF mit Wolfram und andere Metalle, Gold und Uran später mal, wird sicher mehr Wert sein, als das wir nur den 1 Euro schaffen würden."

Zunächst einmal schaffen wir in Kürze dem von mir prognostizierten Preis von 10 eurocent!!!!

[Rioluihui]

bitte heinzi!!!

muss das sein

...und wenn du schon kursprognosen abgeben musst, dann bitte in CAD(da heimatbörse!!!)

frankfurt und co. kannst du nicht ernst nehmen, da wir derzeit bei 0,19 cad stehen...sind ca. 0,14 euro...somit müsste woulfe auf 0,14 cad fallen, damit deine kursprognose von 0,10 cent aufgeht.

müsstest du als profi eigentlich wissen

[volvocb]

Neue Infos auf Facebook und Twitter.

Erreichbar über die Startseite von WOF. Linke Seite!

[yield-hunter]

ich bin hier (noch) nicht investiert.
Jedoch hören sich die projekte interessant an und es ist potential vorhanden.
Bin auf der Suche nach einem Rohstoffunternehmen.
volvocb ist hier ein fleissiger schreiber. hat es keine weiteren Interessierten.....die Seite wird noch nicht oft aufgerufen.
Der Zeitpunkt für ein Investment sollte gut sein.
Jedoch braucht man sicher auch noch viel Geduld bis die wichtigen news kommen.....

[volvocb]

Woulfe Mining: Loan to a Related Party

VANCOUVER, BRITISH COLUMBIA – December 12, 2011 – Woulfe Mining Corp. (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) (“Woulfe” or the “Company”) announces that it has approved the short term lending of $1,140,000 to a private company owned and controlled by two directors of the Company, being Brian and Amelia Wesson for the purposes of exercising warrants held in the Company due to expire on December 17, 2011. The loan is due for repayment in full not later than June 1, 2012 and is a secured with a promissory note and a general security agreement over the assets of the borrower and bears interest at prime plus 5% per annum, which terms the board of directors has concluded constitutes reasonable commercial terms that are not less advantageous to the Company if the loan were made to a person dealing at arm’s length with the Company.
As Brian Wesson is President, CEO and a director of the Company and Amelia Wesson is a director of the Company, the loan is a ‘related party transaction’ within the meaning of Multilateral Instrument 61-101 (incorporated by reference into TSX-V Policy 5.9). As a related party transaction, the following additional disclosures are provided (following the listing of disclosures in Section 5.2 of MI 61-101).
The review and approval process that has been adopted by the Directors for this transaction is as follows:
a) the independent members of the Board of Directors of the Company approved the borrowing of the funds;
b) the Company has determined that distribution of an information circular to shareholders, preparation and distribution of a formal valuation and seeking of shareholder approval of the loan is not necessary under MI 61-101 (including TSX-V policy 5.9 which incorporates such policy by reference) because:
i) the transaction being a simple loan transaction (with no securities being issued) does not fall within the types of transactions listed in paragraphs of (a) - (g) of the definition of related party transaction for which MI 61-101 would require a Formal Valuation;
ii) the transaction being a loan for an amount representing 2% of the market capitalization of the Company, the loan transaction falls with an exemption to the minority approval requirements described in section 5.7(1)(a) of MI 61-101;
iii) the disinterested directors of Woulfe (i.e. those other than the Wessons) have all approved the transactions;
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000pw4r4MOgN3s5wVu…

[volvocb]

Antwort auf Beitrag Nr.: 42.518.640 von volvocb am 23.12.11 16:33:25

Woulfe Mining Grants Stock Options

VANCOUVER, BRITISH COLUMBIA – December 15, 2011 – Woulfe Mining Corp. (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) (“Woulfe” or the “Company”) announces that, subject to TSX-V approval, it has granted 5,750,000 incentive stock options to its directors, officers, employees and consultants of the Company. The options have a term of five years and are exercisable at a price of $0.175 per share.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.518.640 von volvocb am 23.12.11 16:33:25

Punkt:1 Off-take contracts to be signed
P.2 Complete floatation layout
P.3 Application for construction
P.4 Cash investment to be secured
P.5 Secure major equipment(mill and jumbo)
P.6 Break ground, start earth works and foundations
P.7 Lease / purchase of land for plant site
P.8 Feasibility Study to be completed with update of resources

Welche Punkte sind noch offen?
Die Punkte sollten ja bis Ende 2011 abgearbeitet werden!

Quelle: Seite 17 http://www.woulfemining.com/i/pdf/Woulfe-Mining-OCT-Presenta…

[volvocb]

Antwort auf Beitrag Nr.: 42.518.658 von volvocb am 23.12.11 16:40:55

Ich wünsche euch allen ein frohes Weihnachtsfest und besinnliche Feiertage und hoffe das Nordkorea friedlich gestimmt bleibt.

Ich hoffe auf ein gutes WOF Jahr 2012.

[volvocb]

December 12, 2011
Video

Quelle: http://www.woulfemining.com/s/MediaCoverage.asp

Was gibt es neues, laut dem Video?

Danke

[Moneymaker78]

Antwort auf Beitrag Nr.: 42.518.668 von volvocb am 23.12.11 16:42:56

Danke

Dir auch ein schönes Weihnachtsfest und einen guten Start ins Neue Jahr

[volvocb]

Gesundes neues und ein erfolgreiches Jahr 2012 wünsche ich euch.

[volvocb]

Antwort auf Beitrag Nr.: 42.543.848 von volvocb am 03.01.12 15:33:20

MANAGEMENT DISCUSSION AND ANALYSIS

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2011
DATE OF REPORT: December 28, 2011

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000-0hpYEDDSTPfmUR…

[volvocb]

Antwort auf Beitrag Nr.: 42.543.867 von volvocb am 03.01.12 15:36:26

HIGHLIGHTSaus der MD&A

Highlights during the current period include the following:

[volvocb]

Antwort auf Beitrag Nr.: 42.543.878 von volvocb am 03.01.12 15:37:59

aus der MD&A

The Company’s priority is the development of two priority operations, Sangdong and Muguk, with three
other projects at preliminary evaluation stage:
1. Sangdong tungsten/molybdenum project - Feasibility work is in progress, development is
scheduled to commence in early calendar 2012 with commercial production scheduled to
commence mid- to late-calendar 2013.
2. Muguk gold/silver project – Data collation and 3D modeling completed, deep drilling in progress
and resource estimation aimed at producing a compliant resource estimate, or, in the alternative,
an indicative non-complaint estimate for in-house planning purposes, underway.
3. Yeonwha lead/zinc project – Data collation underway in preparation of completing obligatory work
requirements by 2013.
4. Moly Stockwork project – This target lies below the Sangdong tungsten/molybdenum deposit and
was drilled in the 1980s; various non-compliant resource estimates have been prepared, however
further exploration is required to fully understand the mineralization trends; this is potentially a
significant project at higher molybdenum prices above the current US$15 per pound range.
5. Uranium leases – The uranium/vanadium mineralization is typically low grade and economic
viability is dependent on high metal prices; land tenure within the Ogchon Belt is being monitored
with a view to increasing the Company’s mining titles.

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000-0hpYEDDSTPfmUR…

[volvocb]

Antwort auf Beitrag Nr.: 42.543.886 von volvocb am 03.01.12 15:39:43

aus der MD&A

The feasibility study based on the mining and processing of 1.2 million tonnes per annum producing
ammonium paratungstate (“APT”) was initiated in June 2010, and is scheduled to be completed during
the first quarter of calendar 2012. Significantly, the APT price has increased from around US$200/mtu
(metric tonne unit or 10kg) in early 2010 to around US$450/mtu.
The Company workforce at site increased to over 30 with the majority being residents of the nearby
Sangdong village. The Company is now the major employer in the region and has recently received an
award for community contribution.
Going forward there are two key objectives:
1. Complete feasibility which includes drilling, metallurgical testwork, initial mine and geology.
2. Raising of $135 million to complete items as described in point 1 above.

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.543.913 von volvocb am 03.01.12 15:43:53

Consolidated Financial Statements of
(An Exploration Stage Company)

WOULFE MINING CORP.
For the three months ended September 30, 2011

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.543.924 von volvocb am 03.01.12 15:45:21

Tungsten APT MTU
Pricing Projections (US$)
2010 $245
2011 $415
2012e $450
2013e $485
2014e $440
2015e $425

Woulfe Mining: mainly a Tungsten play reopening a past producing mine in South Korea, with a
gold mine as a second string asset

+ The Sandong mine was the Western World’s largest Tungsten mine at the time of its closure.
It has substantial resources of W and potential to be a Moly producer in addition
+ The company has Resource Capital as a core investor (as does Malaga)
+ The mine build is ready to commence with equipment already having been delivered and
the old underground working still being workable
+ Capex is around $135mn
+ The company also has a lead/zinc past producing mine in its portfolio
The company has a former gold mine that, while attractive, is a distraction and should be
spun-off

Conclusion
Woulfe is one of the most exciting prospects we have come upon in recent times. It is not often that one
can find the holder of the former largest mine in any metal and pick it up for so little outlay, while
having a management and largest shareholder that are so serious at the helm. We can find nothing to
complain about with this stock except the distracting presence of the side-bet on Muguk and the
presence of too many of same family on the board of a non-tightly-held company.
Muguk can be easily solved by being spun-off. We are not averse though to the other base metals
aspects staying part of the story (unless Woulfe is rolled up with one or more of the other Tungsten
plays to make a global Tungsten vehicle).
That powerful players within the smarter end of the investing community have made a meaningful bet
upon Woulfe also gives us comfort.
As Moly fans, we also like that Woulfe shall be able to access a substantial resource of this metal, at its
leisure, as the mine plan advances.
Woulfe should, in theory, be the best story in the Tungsten space. That Malaga and North American
Tungsten are ahead of it on the production curve must mitigate against it being our most favoured play.
That can be easily remedied though by a hastened pace towards production over the coming 12 months.

......

Quelle: http://www.playfairmining.com/i/pdf/Tungsten_Dec11.pdf

[volvocb]

Antwort auf Beitrag Nr.: 42.544.079 von volvocb am 03.01.12 16:05:42

The feasibility test work is focused on increasing recovery yield
over the historical performance levels by a factor of up to 70%. This will be achieved by deploying
new-age reagents developed in China. The Chinese are the most advanced tungsten extraction
technologists as they been the only country to construct new facilities over the last 20 years while
the west was suffering low prices and most mines closed. Metallurgical testwork is being
executed in Australia and China and, together with the feasibility study, is predicted to be
completed in the first quarter of calendar 2012.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

http://www.springerlink.com/content/h788523213326275/
Extraction of molybdenum and tungsten with various reagents

[volvocb]

Woulfe's Muguk at 520,000 t of 11 g/t Au inferred

2012-01-10 09:05 ET - News Release


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Brian Wesson reports

WOULFE MINING ANNOUNCES RESOURCE UPDATE FOR ITS 100% OWNED MUGUK GOLD MINE

A preliminary NI 43-101-compliant resource estimate has been determined for Woulfe Mining Corp.'s 100-per-cent-owned Muguk gold project in South Korea.

The resource estimate was prepared by AMC Consultants Pty. Ltd. of Melbourne and was based on a 3-D geological model of the main Three Brothers vein incorporating the historical development channel sampling assay data. The inferred resource for two discrete unmined sections of the orebody is 520,000 tonnes at 11 grams per tonne gold, with an average vein width of 1.2 metres, at a cut-off of three g/t gold. A silver grade could not be included in the resource statement due to the lack of sample data.

Woulfe is very encouraged with these initial results and has commissioned AMC to undertake a scoping study which is scheduled to be completed by early 2012. The study will be based on cut and fill mining of the Three Brothers vein at a rate of 150,000 tonnes per annum, producing approximately 34,000 ounces of gold per annum assuming a mining grade of 7.5 g/t gold and a metallurgical recovery of 93 per cent.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19170…

[volvocb]

Antwort auf Beitrag Nr.: 42.641.233 von volvocb am 24.01.12 19:28:23

http://www.marketwire.com/press-release/woulfe-mining-announ…

Komplette Nachricht vom 10.1.2011

[volvocb]

Antwort auf Beitrag Nr.: 42.641.246 von volvocb am 24.01.12 19:30:13

http://news.kbs.co.kr/tvnews/newsplaza/2012/01/05/2414868.ht…

TV Bericht über Woulfe!

[volvocb]

Antwort auf Beitrag Nr.: 42.641.271 von volvocb am 24.01.12 19:33:44

Financing looks to be 'in the bag':

Primary impact crusher,medium hard materials crushing
Filed under:
Mining Equipment by admin
SBM Mining Corp. in conjunction with Contromation Indonesia and Wardrop Engineers is proud to announce that the first design package for the ore crushing and grinding system for the Sangdong tungsten and molybdenum Project has been completed and is ready for initial quotation. The design package has been issued to reputable heavy engineering companies in South Korea for quotation.

......

Quelle: http://investorshub.advfn.com/boards/read_msg.aspx?message_i…

[volvocb]

Antwort auf Beitrag Nr.: 42.641.284 von volvocb am 24.01.12 19:35:59

Mines and Money Hong Kong

March 19-23, 2012

http://www.minesandmoney.com/hongkong/exhibitors-2012/woulfe…

[volvocb]

Antwort auf Beitrag Nr.: 42.641.291 von volvocb am 24.01.12 19:36:59

Neue Präsentation 1.2012 http://www.woulfemining.com/i/pdf/presentations/CorporatePre…


Woulfe Mining Corp = Sandong Mining Corp + Muguk Gold Corp + Yeonwha Mining Corp

Alles noch offen!
►
Off-take contracts to be signed
►
Complete floatation layout
►
Application for construction

Q4 2011
►
Cash investment to be secured
►
Secure major equipment(mill and jumbo)
►
Break ground, start earth works and foundations
►
Lease / purchase of land for plant site
►
Feasibility Study to be completed with update of resources (ende März)


Listed on
TSX (Toronto Stock Exchange) – Venture
Shares Issued & Outstanding
306,850,583
Warrants O/S
3,763,000
Options O/S
18,950,000
Fully Diluted
329,563,583
Market Cap.
C$58.3 million
(Jan 1, 2012)

[volvocb]

Antwort auf Beitrag Nr.: 42.641.330 von volvocb am 24.01.12 19:43:08

aus dem stockhouse von techone:


Nick and Meredith (IR) were present.. Lots of traffic at the booth.. Quite encouraging.. Had a long chat with Brian W., CEO as well.. Here is what I remember..
- Resource update news release in couple of days per Nick..
- Feasibility Study in 60-90 days - Part of the delay is due to lab work that was moved from Canada to China.. Chinese have the skills since they are the main Tungsten players at this point.. Bankable Feasibility Study is important if we take the debt finaning route..
- Financing and Off take discussions are on going with multiple parties - Capital cost # is still around $130m - Debt financing being considered as well.. Korean Zinc may not be one of the parties, staying with their current stake..
- Management looking for best deal for share holders with minimum dilution. Deal along the lines of Korean Zinc from last year are around but WOF has comes a long way from then so no reason to sign such a deal.
- Responses to RFPs are in.. Top notch player with competitive bids.
- Lead time for mills etc. means order must be placed by March, 2012.. So in that sense we are getting near crunch time.. TIght if one considers debt financing, and feasibility study milestone..
- Very strong local support for the project..
- Insider trade of 2m shares by the CEO was a favour to a friend who wanted in on the project.. Reason it is at .35 is because deal was made last year when the price had moved up around that range..
- Remaining payment for 30% buyback with 2% royalty will be in February.. Minor interest cost for that per news release when the deal was announced..
- Cash on hand around $2m
So every thing is moving along but at the same time, we are getting to crunch time.. Finaning news / Offtake agreement is the key news that is required to move the share price as well as raise every one's comfort level so hopefully, we will get that sooner then later..

Quelle: http://www.wallstreet-online.de/diskussion/1090248-75051-750…

[volvocb]

Antwort auf Beitrag Nr.: 42.641.361 von volvocb am 24.01.12 19:46:20

January 24, 2012 09:00 ET

Woulfe Mining Increases Indicated Resource by 2.75 Times to Support the Initial 10 Years Mining at Sangdong


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURTZ4) is pleased to announce the following completion of the phase 2 drilling and further historical data compilation at the Sangdong mine in South Korea, Tetra Tech Wardrop (Tetra Tech) have completed an update of the Mineral Resources. The Resource for the skarn mineralised zones is summarised in Table 1.

It is important to note that this Resource represents mineralisation only within the Upper Section of the mine. The Resource given in Table 1 represents approximately one-quarter of the known dip length, broadly that above the historical -2 level, of known mineralisation from the old mine. An updated estimate for the mineralisation down dip will be forthcoming in the near future. Woulfe are continuing to drill and explore within the accessible working areas to refine the Resource.

Table 1. Resource estimate for Sangdong, skarn mineralised zones, Upper Section.

Class Skarn Zone Tonnes Density WO3(%) MoS2(%)
'Indicated' Main 5,952,106 3.25 0.50 0.03
'Indicated' Footwall F2 2,298,570 2.98 0.63 0.04
'Indicated' FW Intermediate 5,576,578 2.91 0.27 0.03
'Indicated' Footwall F3 2,604,460 2.96 0.56 0.05
'Indicated' Total 16,431,714 3.05 0.45 0.04
'Inferred' Hangingwall 7,191,922 2.96 0.58 0.08
'Inferred' Main 259,481 2.92 0.52 0.02
'Inferred' Footwall F2 2,680,957 2.91 0.50 0.03
'Inferred' FW Intermediate 6,523,488 2.88 0.23 0.02
'Inferred' Footwall F3 2,712,775 2.90 0.49 0.03
'Inferred' Total 19,368,623 2.92 0.44 0.05

Details

This Resource update (effective date January 5th, 2012) represents the combination of the new compliant phase 2 drilling results and further compilation of detailed historical geological and mining data.

Work concentrated on developing more detailed models of the three skarn zones from both drill data and additional historical geological mapping. Importantly, additional Intermediate alteration mineralisation was defined between the two thinner skarn zones, the F2 and F3 zones, that go to make up the footwall zone. Additional mining records were digitised and detailed models of historical mining depletion were created.

Each of the skarn zones is described below. In each figure blocks in green are of Indicated category, blue of Inferred category. Blocks shown in red are not classified for reasons described by zone.

Hangingwall Zone

Figure 1: Illustrative perspective view of the model of the Sangdong Hangingwall Zone with historical workings.

CLICK HERE TO VIEW IMAGE

Figure 1 shows that the Hangingwall Zone above -2 level is unclassified in this update. This is a change from the interim resource update of July 2011. Geotechnical studies showed poor ground conditions in this upper area where this zone is close to the surface. In addition the phase 2 drilling encountered consistent problems in attempting to core this zone with little addition to the sample inventory. This reduction in confidence in this zone at this level in the mine led to non-classification. Tetra Tech note, however, that there is still good potential for this zone down dip, which will be reported in the near future.

Main Zone

The detailed study of historical mining areas largely concentrated on the Main Zone. Areas of mining depletion were modelled and Figure 2 shows the effects of historical mining. The Main Zone is largely mined below the -2 level as shown by the blocks in red. A zone of Indicated mineralisation is defined on the Eastern periphery of the Main Zone. The down dip Resource potential is thought to be limited to pillars remaining in the lowest levels of the old mine.

Footwall Zones

The footwall zones were the main subject of the detailed study of historical geological mapping and distribution of the mineralisation. This resulted in a change of approach from that in the Interim Resource report. This estimate has divided the Footwall Zone into two separate skarn zones, the F2 and F3 zones, plus a zone of lower grade alteration material between these zones termed the Intermediate Zone. It is anticipated that in some areas it will be possible to mine the three units together and this will be determined in the current Feasibility Study work.

Figure 3 shows the distribution of Indicated and Inferred blocks in the F2 Zone. The current modelling is consistent with historical down dip information for the Footwall Zone and the down dip potential of these zones is good and will be reported in the near future.

Figure 2: Illustrative perspective view of the model of the Sangdong Main Zone with historical workings.

CLICK HERE TO VIEW IMAGE

Figure 3: Illustrative perspective view of the model of the Sangdong F2 Zone with historical workings.

CLICK HERE TO VIEW IMAGE

Future work

Woulfe are continuing to drill, explore and sample within the Upper Section of the old mine and plan to dewater down to -4 level in the near future to allow these efforts to be expanded. Definition and refinement of the Sangdong models will continue as more underground drilling is completed. This data will increase the sample density increasing the area meeting the criteria for the 'Indicated' category.

This news release has been reviewed and approved in the form and context in which it appears by Mr Paul Gribble FIMMM, C.Eng, of Tetra Tech who are working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resources and exploration results for the Sangdong deposit.

Brian Wesson, President and CEO of Woulfe Mining, commented, "The drilling programs have been successful and produced a significant upgraded in the indicated resource. The proving up of over 10 years of mining resources to accommodate the mining of 1.2 million per annum from above the valley floor (above 2 level) takes the project forward a large step as it provides sufficient ore for the feasibility. The feasibility study is running three months late due to the drilling and the metallurgical test work which was moved to China. Tungsten was mined and APT manufactured for many years by the previous mine owner Korea Tungsten. Woulfe is focused on reconfirming the recoveries and looking to optimise the flow sheet using new age Chinese technology that has been developed over the last 20 years as the world's largest APT supplier. Feasibility is due for release at the end of the quarter."
On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19206…

[volvocb]

Antwort auf Beitrag Nr.: 42.641.378 von volvocb am 24.01.12 19:48:27

Photo Gallery

Sangdong - January 2012

http://www.woulfemining.com/s/PhotoGallery.asp

[volvocb]

Antwort auf Beitrag Nr.: 42.641.378 von volvocb am 24.01.12 19:48:27

http://www.bnn.ca/News/2012/1/6/Potash-announces-production-…

Infos über Tungsten in der Zukunft! Ab Minute 5.40 ca.

[derrmste]

Antwort auf Beitrag Nr.: 42.641.435 von volvocb am 24.01.12 19:56:52

Hallo volvocb,

danke für deine unermüdliche Arbeit hier.
Kannst du, für die des englischen nicht so mächtigen, das alles grob übersetzen???

Danke nochmals
servus derrmste

[volvocb]

Quelle: http://www.wallstreet-online.de/nachricht/4438799-rohstoffex…

Seite 56 - Bericht über Wof, gutes Fazit.
Seite 21 - Bericht über Wolfram

Ganz unten auf der Seite die PDF Datei downloaden

http://netzagentur.de/sdr/sdr-km-2012.pdf

[volvocb]

Antwort auf Beitrag Nr.: 42.664.005 von volvocb am 29.01.12 12:25:16

Conclusion

Woulfe is one of the most exciting prospects we have come upon in recent times. It is not often that one
can find the holder of the former largest mine in any metal and pick it up for so little outlay, while
having a management and largest shareholder that are so serious at the helm. We can find nothing to
complain about with this stock except the distracting presence of the side-bet on Muguk and the
presence of too many of same family on the board of a non-tightly-held company.
Muguk can be easily solved by being spun-off. We are not averse though to the other base metals
aspects staying part of the story (unless Woulfe is rolled up with one or more of the other Tungsten
plays to make a global Tungsten vehicle).
That powerful players within the smarter end of the investing community have made a meaningful bet
upon Woulfe also gives us comfort.
As Moly fans, we also like that Woulfe shall be able to access a substantial resource of this metal, at its
leisure, as the mine plan advances.
Woulfe should, in theory, be the best story in the Tungsten space. That Malaga and North American
Tungsten are ahead of it on the production curve must mitigate against it being our most favoured play.
That can be easily remedied though by a hastened pace towards production over the coming 12 months.

Tungsten
The Cutting Edge in Metals
Company Ticker Currency Price Mkt Cap Stage Call
mn
Colt Resources GTP.v CAD 0.56 53.00 Exploration N/A
Galway Resources GWY.v CAD 1.27 158.50 Exploration Avoid
Geodex Minerals GXM.v CAD 0.075 10.70 Exploration N/A
Hazelwood Resources HAZ.ax AUD 0.135 31.64 Exploration N/A
Carbine Tungsten CNQ.ax AUD 0.091 19.47 Ex-producer N/A
King Island Scheelite KIS.ax AUD 0.15 13.91 Near-producer Neutral
Largo Resources LGO.v CAD 0.27 116.90 Near-producer N/A
Malaga MLG.to CAD 0.12 28.45 Producer Long
North American Tungsten NTC.v CAD 0.2 52.14 Producer Long
Ormonde Mining ORM.L GBP 0.0825 27.97 Exploration N/A
Playfair Mining PLY.v CAD 0.055 5.75 Exploration Neutral
Vital Metals VML.ax AUD 0.064 14.62 Exploration N/A
Wolf Minerals WLF.ax AUD 0.23 19.31 Ex-producer N/A
Woulfe Mining WOF.v CAD 0.195 51.00 Near-producer Long

+ Tungsten is most commonly used in so called “hard steels” and is best known though for
providing the filaments in lightbulbs.
+ While the sub-sector has not attracted the interest of broader portfolio investors,
heavyweight trading houses have started to circle the few players “of merit”
+ The number of new projects (well, largely reopening of old mines) in the Western World is
not that great as to ruin the new higher price scenario
+ China is choking off supply. This may be either due to a desire to stockpile material for its
own future use or a sign that heavy over-exploitation in recent decades has left the country
in a vulnerable supply situation
+ As in Rare Earths, a substantial number of Tungsten users are concerned about reliability of
supply.
The Tungsten price has shown itself to be highly volatile in recent years. If they fall below
$250 per MTU, investment dries up and some mines become uneconomic
The Chinese as both the largest producer and one of the main users have a vested interest
in higher prices but that does not mean that they may not push prices down to achieve
other policy or strategic goals

Colt Resources GTP.v Portugal Tabuaco 2.09 0.57% 1.2
Galway Resources GWY.v New Mexico Victorio 77.2 0.09% 6.95
Geodex Minerals GXM.v Canada Sisson Brook 158.2 0.08% 12.66
Hazelwood Resources HAZ.ax Australia Big Hill 47.43 0.10% 4.74
Carbine Tungsten III.ax Australia Mt Carbide 9.6 0.20% 1.92
King Island Scheelite KIS.ax Australia King Island 13.4 0.64% 8.58
Largo Resources LGO.v Canada Northern 233.4 0.11% 24.97
Malaga MLG.to Peru Pasto Bueno 2.39 0.72% 1.72
North American
Tungsten
NTC.v Canada Cantung/Mactung 33 0.88% 29.04
Ormonde Mining ORM.L Spain Barruecopardo 10.88 0.45% 4.9
Playfair Mining PLY.v Canada Risby 10.4 1.77% 18.4
Vital Metals VML.ax Australia Watershed 15.1 0.46% 6.95
Wolf Minerals WLF.ax UK Hemerdon 218 1.80% 39
Woulfe Mining WOF.v Sth Korea Sandong 103.2 0.35% 36.12

Seite 38-45 Ein langer Bericht über Wof.

Quelle: http://www.playfairmining.com/i/pdf/Tungsten_Dec11.pdf

[volvocb]

Antwort auf Beitrag Nr.: 42.664.041 von volvocb am 29.01.12 12:35:54

Quelle: http://twitter.com/woulfemining

Bericht über Tungsten
http://www.investmentlogs.com/2012/01/why-tungsten-and-other…

Neue Twitter News von oder über WOF.

[volvocb]

Antwort auf Beitrag Nr.: 42.664.055 von volvocb am 29.01.12 12:41:40

The project will be de-risked once we have financing in place .... and that is when the "smart money" will start to flow in .... mutual fund managers and investment firms don't invest much of their client's money in peny stocks, they wait for financing and the official news that the project is a go ... then after that brace yourself, it should be a nice ride ....

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 42.664.055 von volvocb am 29.01.12 12:41:40

3,5 Mio gehandelte WOF Aktien an einem Tag wegen dem Video!?

27.1.2012

http://watch.bnn.ca/#clip608547
Geht 6 min.

Danke BNN

[volvocb]

Antwort auf Beitrag Nr.: 42.664.093 von volvocb am 29.01.12 12:52:23

Bericht aus dem BNN Video laut

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

Well it s a pretty huge call for declaring woulfe mining becoming a full 10% producer of world demand within 3-4 years. FAST GROWTH. We should be mining but spring 2013 with all things staying on schedule. And as they said tungsten deposits are ones that just seem to be in huge quantities in areas that seem endless. Sangdong has minus 18 levels and we are only drilling on the level 1 at this time. This project has potential for to be running well over 40 years. THINK OF THAT FOR A FUTURE DIVIDEND PAYER and multi mine mid CAP producer if we dont just sell SANGDONG for a lump sum.

......

[volvocb]

Antwort auf Beitrag Nr.: 42.664.099 von volvocb am 29.01.12 12:55:47

Das wird schon, spätestens in 2-3 Monaten, nach den vielen Analysen und Berichten, wird sich doch ein Investor finden der etwas Kleingeld noch übrig hat!

Meine Meinung.

[derrmste]

Antwort auf Beitrag Nr.: 42.664.150 von volvocb am 29.01.12 13:11:27

Hallo volvocb,

leider lassen sich deine Quellenangaben nicht anklicken. Aber eine 40 jährige Lebensdauer des Projekts ist ja sch mal vorzüglich.
Danke für deine Mühen, auch wenn sonst keiner sich für WOF zu interessieren scheint.

servus derrmste

[volvocb]

Hi, bitte die Links kopieren und oben im Browser einfügen. Danke.
Die 40 Jahre Lebensdauer bezieht sich darauf, seit wann es die Mine schon gibt.
Wof ist ja nicht der erste Besitzer.

[volvocb]

Wof

I am not too concerned about any short term slow rise. The big picture is that this stock is going up.

It will go up if/when the off-shoot agreement is signed in February.

It will go up if/when the financing and/or feasibility study comes out in March.

It will go up if/when there is news in April of construction equipment at the site commencing construction.

It is not unreasonable to think the s/p will tripple within the next three months. Nobody questions the fact that the tungsten is in the mine. If it truly represents 10% of the worlds tungsten supply in the future, then when it hits production in July 2013, it will no longer be a penny stock, but rather, worth $2 to $5 per share. The only concern is that the company continue with fast tracking the mine and that they also keep the construction costs to the $135 proposed amount. If they do those two things, this is a great stock for long term for so long as WOF owns the mine, and if they sell it before production, it is still a good stock to be holding at the time of that sale. I can't understand why anyone would want to be selling this stock before the March news comes out given the huge up side for this stock in the next 2-3 months.

Quelle:http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 42.672.437 von volvocb am 31.01.12 10:23:32

Woulfe Mining Corp. (CVE:WOF) (PINK:WFEMF) Breaks Out Of Consolidation

Quelle: http://ca.hotstocked.com/article/29122/woulfe-mining-corp-cv…

[volvocb]

Antwort auf Beitrag Nr.: 42.672.452 von volvocb am 31.01.12 10:26:44

Ticker WOF | Primary Stock Exchange TSX Venture Exchange

Overview: This mineral exploration company has a diversified portfolio of mining licenses for tungsten,
molybdenum, gold, base metals and uranium-vanadium in South Korea.
Incorporated: INCORPORATED in British Columbia Nov. 1, 2007, as the continuance of Oriental Minerals Inc., a
Yukon corporation; name changed to Woulfe Mining Corp. Feb. 25, 2010. The Yukon corporation was incorporated
Ap. 18, 2005, as the continuance of an Alberta corporation originally organized Sept. 22, 1993, as Mesa Butte
Resources Ltd.; name changed to CanAustra Resources Inc. Nov. 18, 1996, and to Oriental Minerals Inc. July 13,
2005.
Background: Woulfe Mining Corp., a natural resource company, engages in the acquisition, exploration, and
development of mineral properties in South Korea. It has a portfolio of mining licenses for tungsten, molybdenum,
gold, base metals, and uranium-vanadium properties. The company primarily holds a 70% interest in the
Sangdong tungsten-molybdenum project located to the south east of Seoul, South Korea; and the Muguk
gold-silver project in South Korea. The company was formerly known as Oriental Minerals Inc. and changed its
name toWoulfe Mining Corp. in February 2010.Woulfe Mining Corp. is headquartered in Vancouver, Canada.

Quelle: http://reports.standardandpoors.com/aidata/maccess/pdf/98212…

[volvocb]

12.1.2012

In the first half of last year, tungsten prices continued the strong upward trend witnessed throughout 2010. That momentum was not present at the dawn of 2012 and has yet to be regained. The market is quiet and prices are softening. Although tungsten prices are still well above the levels seen in January of 2011, producers, consumers, and investors will likely be watching developments in global economic conditions.

APT prices entering 2011 were about $335/mtu and reached highs of $500 going into June. That month a softening occurred that continued throughout much of Q3, which many reported as a seasonal norm.

In August prices began to recover, rising from a high of $465 to $470 before starting to cool off again in mid-September. At the dawn of 2012, amid the pressure from weak demand, the average price range has been $415-420. Slow business has also seen the prices of other tungsten products, such as concentrate and oxide, soften.

Although data shows that China’s APT prices were an average of 80 percent higher year-on-year in the first 11 months of 2011, the figures also show that exports were down more than 6 percent. These statistics are notable given the predictions that supply shortages were likely to emerge in 2011 or 2012.

2011 saw lingering fears that China may flood the market with cheap material. There are, however, mounting indications that such threats are waning, perhaps the strongest of which are supply and demand. Tungsten is widely recognized as a scarce, critical, and strategic metal and industry players tend to agree that prices are now mostly influenced by these fundamentals.

Rising production costs and increasingly stringent regulations in China are undermining prices.

Still, China’s dominance in the tungsten game is of growing concern to governments and other consumers. One of the causes for uneasiness is the potential of supply threats. The UK, for example, placed tungsten near the top of its supply risk list for 2011. The document cited that the greatest risk were human factors, such as geopolitics between the haves and have-nots.

It also noted that competition for resources is growing, which highlights another issue. In addition to nations competing with one another for supply, they must compete with China’s increasing internal demand for the metal. Furthermore, given that most other nations have no domestic sources they continue to be largely forced to deal with the trend of increasingly strict export quotas.

Last year, China announced it was slashing 2012 tungsten export quotas to 15,400 tons from 15,700 in 2011. More recently the export quotas for the first half of 2012 were announced. The combined total between four categories of products is 11,380 tons. Tungsten oxide and blue oxide was the category with the largest allowance totaling 5,380 tons and APT and ammonium metatungstate follows with 3,036 tons permitted for export.

In 2011, there were also a growing number of complaints over tactics that may be aimed at providing Chinese consumers with competitive advantages. In addition to the export quotas, there are mounting accusations of efforts to export more value added products as opposed to the cheaper raw products. There also appears to be a trend of resistance to dropping export prices even when demand is weak and domestic prices are lowered accordingly.

The concerns over China’s grasp on the market, the desire for a diversity of sources, and a positive long-term tungsten outlook continue to serve as motivation for expansion and development projects.

Woulfe Mining (TSXV:WOF), for example, is pressing forward with bringing its Sangdong tungsten mine to production towards the end of 2012. Wolf Minerals (ASX:WLF,AIM:WLFE) is continuing toward completing the redevelopment of the Hemerdon mine in the UK in 2013. Also aiming for production in 2013 is Ormonde Mining (LSE:ORM) with bringing its Barruecopardo tungsten project. And, in December Largo Resources (TSXV:LGO) announced the first commercial shipment of tungsten from their Currais Novos in Brazil.

The long term fundamentals for tungsten appear strong. The metal will remain scarce for quite a while though new applications are being developed. However, it cannot be ignored that a downturn in economic conditions has proven to be a drag on tungsten in the past. Therefore, global conditions are likely to be a factor in 2012.

Some of China’s tungsten players have temporarily ceased operations and others are reporting few or no sales. Neither prices nor demand are expected to recover ahead of the Chinese New Year. There are some assumptions that buyers have already loaded up in preparation of the event. But, there are some reports that sellers are not expecting the market to recover immediately afterward either. Considering this, the tungsten market may be weak for most or all of Q1 2012.

Quelle:
http://resourceinvestingnews.com/29476-2011-tungsten-market-…

[volvocb]

Antwort auf Beitrag Nr.: 42.672.556 von volvocb am 31.01.12 10:45:03

älteres Video von BNN über WOf

http://watch.bnn.ca/btv-business-television/october-2011/btv…

Video 256 pt3 ab min 1.15-4.40.

[volvocb]

Antwort auf Beitrag Nr.: 42.672.642 von volvocb am 31.01.12 10:58:01

Analyst Research Report Snapshot Title:
Woulfe Mining

Price:
$25.00

Provider:
Standard & Poor's Factual Report

Date:
28 Jan 2012

Pages:
10

Type:
AcrobatPDF

Companies referenced:
WOF.V

Quelle:https://commerce.us.reuters.com/purchase/showReportDetail.do…

[volvocb]

Antwort auf Beitrag Nr.: 42.672.663 von volvocb am 31.01.12 11:02:29

SHAREHOLDERS CONCENTRATION von Wof

http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownershi…

[volvocb]

http://wap.bild.de/10um10/2012/10-um-10/hitliste-um-zehn-roh…

Wolfram ist dabei.

[volvocb]

http://www.rtl.de/cms/news/rtl-aktuell/seltene-erden-die-gef…

War heute in den RTL 18.45 Nachrichten.

[volvocb]

http://www.wallstreetreporter.com/2011/09/woulfe-mining-tsxv…

Woulfe Mining CEO Interview

27/09/11 at 05:09 pm

18 min, auf den Play Button drücken (kein Video)!

[volvocb]

Antwort auf Beitrag Nr.: 42.734.860 von volvocb am 10.02.12 20:04:15

Complete Design drawings Crushing Feb
Appoint Korean project management Group Feb
Scoping Study Gold Feb
Bohrergebnisse Sangdong Feb

Off-take contracts to be put in place - Mar Abnahmevereinbarungen
Project Financing to be concluded Mar - Projektfinanzierung abgeschlossen
Complete Feasibility Study- Mar Machbarkeitsstudie
Purchase land from County -Mar
Earth works and foundations- Mar

Quelle: http://www.woulfemining.com/i/pdf/presentations/CorporatePre…

[volvocb]

Antwort auf Beitrag Nr.: 42.734.991 von volvocb am 10.02.12 20:27:17

Frage zur Finanzierung!?

Warum sollte Mr. Brian Wesson seine Optionen nach hinten verschieben, wenn die Machbarkeitsstudie/Finanzierung negativ ausfallen würde?

Warum sollte Mr. Brian Wesson eine Nachricht mit einem festen Termin vom 8.2.12 herausbringen, wenn die Machbarkeitsstudie/Finanzierung negativ für die Aktionäre ausfallen würde, ich würde die Studie so lange verzögern bis es vielleicht eine Lösung geben würde.

Warum sollte Mr. Brian Wesson die Firma Hanmi Global Co., Ltd beauftragen, wenn es nie zum Abbau kommen wird. Die Firma (Sitz in Korea) ist sehr erfahren und arbeitet schon seit Feb. 2012 vor Ort und soll das Projekt schneller (1 Quartal 2013, denke ich) zum Starten bringen.

Finanzierung

Option 1
Wof bringt das Geld selbst zusammen durch eine Verwässerung.
Option 2
Ein Investor wie Korea Zinc (ist schon beteiligt) oder Warren Buffet = www.taegutec.com. bringen die 135 Mio zusammen.
Option 3
Eine Bank wie die Commonwealth Bank oder eine Investment Firma wie Colonial first (beide schon beteiligt) bringen die 135 Mio zusammen.
Option 4
WOf bringt 20-30% des Geld zusammen und den Rest eine Bank.
Option 5
Wof wird kompl. übernommen/verkauft
Option 6
Wof verkauft Muguk oder Anteile um Sangdong zu Finanieren.
Option 7
Wof geht Pleite!

Option 2 oder 3 wird es geben! Meine Meinung!

Wof wird der größte Wolfram Produzent ausserhalb Chinas werden mit bis zu 10% der Welt in einigen Jahren.
Wof hat noch zeitgleich Molybdenum, Gold und Uran in der Hinterhand.
Die Lage zu China, Indien und Japan ist Perfekt, geringe Lieferkosten.
Wof hat super Leute beauftragt und Korea steht hinter Wof.
(Meine Meinung und Wissen)

Ich denke sehr positiv, wer negativ über Wof denkt und bei 8-10 Wochen Zeitverzug schon Panik bekommt, sollte lieber verkaufen.

[teilkaufmann]

Ich denke das generell auch.
Die größten Sorgen machen mir aber die Rohstoffpreise.
Diese könnten entweder durch eine einbrechende Weltwirtschaft oder aber durch (aus welchem Grund auch immer) ein Überschwemmen des Marktes durch die Chinesen wieder fallen.

Aber mal sehen. Bisher war ja der Hype eher auf Molybdän. und Wolfram könnte eine Renaissance erleben. Wird ja auch in vielen Bereichen der Metallveredelung etc. benötigt.

Ach Ja und Gold ist da ja auch noch neben den anderen.
Ich bin seit Oriental mit Anfänglich über 1,2€ drin und habe durch Nachkäufe verzweifelt (oder auch Dummheit :look meinen EK auf ca 0,4 gesenkt.

Also bin ich mit der jetzigen Situation erst einmal recht zufrieden und sehe das neue Management und auch das Konzept sehr positiv.

weil ich ohnehin schon alles abgeschrieben habe, kann ich nun nur noch gewinnen! Alles- oder Nichts ist nun meine Devise, weil ein bischen Zocken muss auch sein. Mit 50% Verlust hab ich auch keine Lust zu verkaufen. Dann riskiere ich hier nochmal alles.


Glück Auf

[teilkaufmann]

Zitat von teilkaufmann: Ich denke das generell auch.
Die größten Sorgen machen mir aber die Rohstoffpreise.
Diese könnten entweder durch eine einbrechende Weltwirtschaft oder aber durch (aus welchem Grund auch immer) ein Überschwemmen des Marktes durch die .....

Sorry, Kommentar passt hier so nicht rein, war im falschen Forum.

[volvocb]

Woulfe Mining drills 3.9 m of 1.04% WO3 at Sangdong

2012-02-17 09:07 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING REPORTS DRILL RESULTS FOR THE SANGDONG DRILLING PROGRAM

Woulfe Mining Corp. has provided assay results for three batches of samples associated with the drilling program at Sangdong. The results for the drilling completed during 2011 will be used in the calculation of the feasibility study resource estimate. Drilling from underground locations is continuing at Sangdong.

This batch of assay results comprises 17 holes, of which eight were drilled from Taebaek level mostly to test the Main zone, and nine were drilled from Sangdong level mostly to test the Footwall zones. Three of the holes encountered poor ground conditions and were abandoned prior to hitting the target.

Overall nine Footwall and six Main zone intersections were recorded. Significant Main zone intersections include 3.9 metres true width at 1.04 per cent tungsten oxide (WSDD0047) and 5.3 metres true width at 0.49 per cent WO3 (WSDD0080). Significant Footwall zone intersections include 11.9 metres true width at 0.44 per cent WO3 (WSDD0069) and 4.6 metres true width at 0.98 per cent WO3 (WSDD0071).

The significant drilling results are summarized as displayed in the table.

(The Main zone was not included in NI 43-101 resources March, 2010, but was included in the interim resource of July, 2011.)

........

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19277…

[volvocb]

Antwort auf Beitrag Nr.: 42.818.654 von volvocb am 28.02.12 15:04:20

Technical Report on the
MUGUK THREE BROTHERS PROPERTY

In accordance with the requirements of National
Instrument 43-101, “Standards of Disclosure for
Mineral Project

60 Seiten


Quelle: http://sedar.com/CheckCode.do;jsessionid=0000Kh5p56jMQFoSUqe…

[volvocb]

Antwort auf Beitrag Nr.: 42.818.681 von volvocb am 28.02.12 15:08:26

Woulfe Mining halted at 4:54 a.m. PT

2012-02-27 07:56 ET - Halt Trading

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19300…

[volvocb]

Antwort auf Beitrag Nr.: 42.818.688 von volvocb am 28.02.12 15:09:10

Woulfe Mining to resume at 6:30 a.m. PT

2012-02-28 08:41 ET - Resume Trading

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19306…

[volvocb]

Antwort auf Beitrag Nr.: 42.818.694 von volvocb am 28.02.12 15:10:05

Woulfe Mining Corp. and International Metalworking Companies Execute Strategic Agreements

VANCOUVER, BRITISH COLUMBIA--(Marketwire -02/28/12)- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF.V - News)(OTCQX: WFEMF.PK - News)(Frankfurt: OZ4.F - News) is pleased to announce that Woulfe and its 100%-owned tungsten/molybdenum South Korean subsidiary, Sangdong Mining Corporation ("Sangdong"), have entered into agreements for a strategic arrangement with IMC International Metalworking Companies B.V. ("IMC") and certain of IMC's affiliates.

The closing of the transaction is subject to customary closing conditions, including the satisfactory conclusion of due diligence by IMC, the receipt of applicable regulatory approvals and other matters set forth in full in the relevant agreements. The basis of the strategic arrangement is as follows:

-- IMC will immediately advance CDN$5 million to Sangdong, pursuant to a loan agreement, for purposes of project advancement pending the closing of the transaction;-- IMC has agreed to acquire a 25% interest in Sangdong for cash consideration totalling CDN$35 million;-- Woulfe and IMC have agreed to jointly establish a Korean company ("APT JV"), which will be owned 45% by Woulfe and 55% by IMC. The parties will invest up to CDN$15.75 million and CDN$19.25 million, respectively, into the APT JV to build a facility in Korea for the processing of tungsten concentrate to be purchased from Sangdong into tungsten APT. IMC has agreed to make available to Woulfe a loan for Woulfe's portion of the APT JV investment;-- The APT JV has agreed to acquire no less than 90%, and up to 100%, of Sangdong's tungsten concentrate production pursuant to an off-take agreement, which will be guaranteed by IMC;-- IMC has agreed to acquire no less than 90%, and up to 100%, of the APT JV's available APT production pursuant to a separate off-take agreement.
Comment from Brian Wesson, CEO of Woulfe:

"We are excited and honoured to have concluded our negotiations for the strategic alliance of the Company with IMC. We believe that working with one of the world's largest tungsten end users, which has operations in Korea as well as throughout the world, is extremely beneficial for Woulfe Mining Corp. and all of the Company's stake holders who have supported us over the last two years.

"The strategic arrangement brings funds immediately into Sangdong to allow the project to be advanced beyond design and begin development in the spring, by providing for an initial CDN$5 million to be injected into the project immediately in the form of a loan.

"Subject to customary closing conditions, including the satisfactory conclusion of due diligence by IMC, the receipt of applicable regulatory approvals and other matters set forth in full in the relevant agreements, IMC will invest a further CDN$35 million in equity to acquire 25% of Sangdong and will invest up to a further CDN$19.25 million into a new Korean joint venture with the Company. The joint venture will design and build a tungsten APT manufacturing facility and will be owned jointly by Woulfe and IMC, 45% and 55%, respectively. Subject to the terms of the relevant agreements, Woulfe will have the option to finance its 45% ownership of the APT joint venture through an up to CDN$15.75 million loan, to be made available to Woulfe by IMC, which may be repaid in tungsten concentrate produced by Sangdong. Alternatively, Woulfe may inject equity directly into the new APT joint venture without taking any loan from IMC.

"A key component of the transaction is that IMC has agreed to purchase a guaranteed minimum quantity of 90% of the tungsten product produced by the entities. I expect the security of this arrangement to significantly support the Company's ability to secure additional financing for the tungsten project. The agreements with IMC also provide IMC the option to offer the Company additional financing in connection with the project."

On Behalf of the Board of Directors

Quelle: http://finance.yahoo.com/news/woulfe-mining-corp-internation…

[volvocb]

Antwort auf Beitrag Nr.: 42.818.718 von volvocb am 28.02.12 15:12:45

IMC International Metalworking Companies B.V. (Iscar Metalworking Cos. or the IMC group of companies) is one of the world's largest holding companies for metalworking products. As part of Berkshire Hathaway, IMC operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries. IMC member companies have secured management control over themselves. Today, IMC has 140 subsidiaries in 65 countries



Quelle: http://en.wikipedia.org/wiki/International_Metalworking_Comp…

TaeguTec sitz in Süd Korea

Quelle:http://en.wikipedia.org/wiki/Korea_Tungsten_Company

Berkshire Hathaway Key people =

Warren Buffett
(Chairman, President & CEO)

Quelle: http://en.wikipedia.org/wiki/Berkshire_Hathaway

[volvocb]

Antwort auf Beitrag Nr.: 42.818.769 von volvocb am 28.02.12 15:17:45

Woulfe Mining Corp.: Conference Call Notification

VANCOUVER, BRITISH COLUMBIA, Feb 28 (MARKET WIRE) --
Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX
VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that
Woulfe Mining will be holding a conference call on Thursday March 1, 2012
to discuss the press release from February 28, 2012 regarding strategic
agreements with International Metalworking Companies B.V. ("IMC"). The
Company will also update investors and stakeholders with a new
presentation of the Company's plan for the future.

Mr. Brian Wesson, CEO and President, will be hosting the call.

Date: Thursday, March 1, 2012

Time: 11:00 AM Eastern Standard Time

Dial in Number: 201.689.8033 International or 877.407.8033 Toll Free

Webcast: http://www.investorcalendar.com/IC/CEPage.asp?ID=167622

At the end of the presentation, there will be a question and answer
session available via webcast only. Questions can also be submitted in
advance to [e-mail].

Quelle:http://www.reuters.com/article/2012/02/28/idUS227872+28-Feb-…

[volvocb]

Antwort auf Beitrag Nr.: 42.824.470 von volvocb am 29.02.12 11:26:55

Warren Buffett makes first investment in S. Korean mines
2012.02.28 17:56:02 | 2012.02.28 18:15:27


South Korea’s Sangdong Mines - located in Yeongwol-gun, Gangwon Province and also known as the largest tungsten reserve in terms of size - will be reopening after 20 years of abandonment as it is injected with an $80 billion investment.

The Iscar Metalworking Companies (IMC), an Israel-based metal processing company, inked an investment contract worth $70 million (roughly 79 billion won) with Sangdong Mining, said Yeongwol-gun and sources in the mining industry Tuesday. The IMC group is owned 80 percent by Warren Buffett, known to be the wealthiest and most successful investor in the world.

A review last month by Wardrop, a mining exploration and feasibility assessment agency, estimated the upper levels of the mines to hold roughly 16.43 million tons (t) of the mineral, with a potential additional capacity of 19.37 million t. Earlier in 2007, Canadian exploration company Oriental Minerals (OTL) estimated the value of tungsten and molybdenum reserves at the Sangdong Mines at $60 billion. Furthermore, the upper levels of the mines offer copious reserves that could sustain 10 years of mining activities, say industry sources.

The Sangdong Mines’ heyday was in the 1960s and 1970s, when the mined products accounted for up to 70 percent of Korea’s outbound exports. The opening of the Chinese market in 1980s caused the tungsten prices to tumble, however, and the mines were forced to close in 1994 due to low margins. Recently, the swift pace of industrialization in developing economies has driven up demand for tungsten, while the decision by China (responsible for 80 percent of global tungsten supplies) to reduce its tungsten export quota allowed prices to rise, making the mines a feasible venture for investment.

[Written by Seok-woo Chung - Samji Chung / edited by Soyoung Chung]

Quelle:http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top Story&year=2012&no=133368&selFlag=&relatedcode=&wonNo=&sID=308

[volvocb]

Antwort auf Beitrag Nr.: 42.824.511 von volvocb am 29.02.12 11:29:50

Why Buffett likes Tungsten [02-29-12 11:50 AM]

Quelle: http://www.bnn.ca/Home.aspx

bei Videos! Interview mit Brian, 5 min lang.

[volvocb]

Antwort auf Beitrag Nr.: 42.828.131 von volvocb am 29.02.12 18:34:11

TORONTO (miningweekly.com) – He may not like gold much, but billionaire Warren Buffet has taken a shining to tungsten – the metal with the highest melting point.

Berkshire Hathaway unit IMC International Metalworking Companies this week agreed to invest around $80-million in TSX V-listed Woulfe Mining’s Sandong project in South Korea, which was once the biggest tungsten producer.

The deal involves IMC buying a 25% stake in the shuttered mine for C$35-million, investing C$19.25-million in a joint venture to build a plant that will produce ammonium paratungstate (APT), the metal’s tradeable form, and agreeing to provide up to C$15.75-million in a loan to fund Woulfe’s share of the capital cost of the plant.

The mine at Sandong as well as the APT plant are set to start producing early in 2013, when the operation will reclaim the title as the world’s biggest producer, accounting for 7% to 10% of global output – and half of non-Chinese supplies, Woulfe CEO Brian Wesson told Mining Weekly Online.

To get there, the company will need to raise around another C$80-million in debt.

Woulfe will look to use a feasibility study due out in “the next few weeks” to do this, with Wesson hoping to finalise the funding around June.
That will bring the total financing for Sandong and the APT plant up to around C$150-million, with capital cost estimates currently at C$135-million.

Given the strong performance of Tungsten prices over the past two years, and the attractive economics of the project, Wesson does not foresee any problems in raising the additional financing required.

Prices for the metal, used make wear-resistant abrasives and cutters for the metalworking industry, were $18 000/t when Woulfe bought the Sandong project in 2009.

Today, they have reached around $44 000/t, as demand grows and China, as is the case of rare earth elements, has curbed exports. The metal is usually quoted in metric ton units, with Metal Pages listing the most recent price at about $435.

Rare earths prices showed even more drastic meteoric rises throughout 2010 and into the first half of 2011.

However, these rocketing prices turned out to be their own worst enemy, as buyers retreated from the market and began intensively developing alternatives.

Wesson is not expecting tungsten to follow a similar scenario.

“Even at a price of $600 it would never pay to go to equivalents. The issue with tungsten is, you can’t machine steel without it, you can’t roll steel without it,” he said.

“To create economical alternatives would be very difficult, very pricey and take many years.”

GOLD LINING

But while Berkshire Hathaway might be going after the tungsten – it bought an 80% stake in IMC in 2006 for $5-billion, and Buffet gave speech at the sod-turning of a major expansion at the company’s South Korea plant last year – shareholders in Woulfe have a potential gold kicker too.

The Vancouver-based company also owns the Maguk gold project in South Korea, which Wesson said was the country’s biggest producer.

With prices hovering around $250/oz, the operation closed in 1997.

Now, Woulfe is hoping an investment of around $30-million will allow it to reopen the mine and produce 50 000 to 60 000 oz/y.

A preliminary economic assessment, due out in early March, should provide a better outline of the potential production and economics.

While open, the mine produced from average ore grades around 11 g/t.

Wesson concedes that it is “probably not ideal to mix tungsten and gold”, adding that Woulfe would look to either listing Maguk separately, or unbundling it to shareholders at some point.


Edited by: Creamer Media Reporter

Quelle:http://www.miningweekly.com/article/korean-tungsten-project-…

[volvocb]

Condensed Consolidated Interim Financial Statements of
(An Exploration Stage Company)
WOULFE MINING CORP.
For the three and six months ended December 31, 2011and 2010

Quelle: http://sedar.com/CheckCode.do;jsessionid=00008tIrLumyclB1CSw…

[volvocb]

Antwort auf Beitrag Nr.: 42.834.845 von volvocb am 01.03.12 17:17:54

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2011
DATE OF REPORT: February 28, 2012

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 42.834.855 von volvocb am 01.03.12 17:19:20

Presentation vom März ist da!

Quelle: http://www.woulfemining.com/s/Presentations.asp

[volvocb]

Antwort auf Beitrag Nr.: 42.834.932 von volvocb am 01.03.12 17:27:14

Und das gute am heutigen Tag. Das Eröffnungsgap ist schon wieder zu!

ein paar Zusammenfassungen aus Stockhouse:
.......

...That being said, his main points were huge--no more dilution, debt financing not a problem, early 2013 production, guaranteed supply through great offtake agreement, mine life expectency of well beyond the earlier forcasted 40 years...

...Brian says sangdong will be producing around the end of 1st quarter next year if not late spring but they are aiming for as soon as possible. He said they wish to bring Muguk into production after sangdong is running. He also mentioned muguks gold reserves are much better then many juniors that have a higher market cap then woulfe right now....

Quelle:http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

GOOGLE
---------------------

.. Davon abgesehen, waren seine wichtigsten Punkte riesig - nicht mehr Verdünnung, Fremdfinanzierung kein Problem, Anfang 2013 die Produktion, garantierte Versorgung durch große Abnahmevereinbarung, Lebensdauer der Mine expectency der weit über die früher vorhergesagt 40 Jahre ...

Brian sagt ... Sangdong wird gegen Ende des ersten Quartals im nächsten Jahr werden produziert, wenn nicht Ende des Frühjahrs werden aber für so bald wie möglich anstreben. Er sagte, sie wollen Muguk in Produktion zu bringen, nachdem Sangdong läuft. Er erwähnte auch muguks Goldreserven sind viel besser als viele Jugendliche, die eine höhere Marktkapitalisierung haben dann gerade jetzt Woulfe ....

[volvocb]

Antwort auf Beitrag Nr.: 42.835.697 von volvocb am 01.03.12 19:04:13

Live Interview with Brian Wesson, CEO of Woulfe Mining
vom 3 März.8 min.

Quelle: http://www.americanbankingnews.com/2012/03/03/live-interview…

[volvocb]

Top 10 Mining Stocks 2012 – Pick #1 Woulfe Mining Corp



Company: Woulfe Mining Corp
Symbol: WOF.V (TSX-V)
Share price: $0.39 (Close on March 5 , 2012)
Shares outstanding:306,850,583
Market cap: $119,672,000

Woulfe Mining is a junior company planning on reopening the Sandong tungsten/molybdenum mine in South Korea. The most recent scoping study states that when reopened the mine life is another 40 years.


Past production:

The mine was in production for 40 years until it was closed in 1992 due to low metal prices. When in production the mine produced over 600,000 tonnes per year from a 6m thick vein and at the time it was the worlds largest tungsten mine.



People:

Announced on Feb 28th (news release) IMC has agreed to acquire a 25% stake in WOF for $35 million. They will also advance $5 million to Sandong. This is a very important partnership as IMC is a subsidiary of Warren Buffet.

Comment from Brian Wesson, chief executive officer of Woulfe:

“We are excited and honoured to have concluded our negotiations for the strategic alliance of the company with IMC. We believe that working with one of the world’s largest tungsten end-users, which has operations in Korea as well as throughout the world, is extremely beneficial for Woulfe Mining Corp. and all of the company’s stakeholders who have supported us over the last two years.



Worth Mentioning:

WOF has alot of shares outstanding with over 300 million. Normally as discussed in our book Mining Stocks Investor Guide this is something to be aware of. In this case we will put it aside because of who holds the stock.

Common Wealth Bank of Australia 27,500,000 shares (8.8%)

Korea Zinc 29,999,983 (9.77%)

Resinco Capital Partners 25,792,353 (8.4%)

Sewoo Mining 21,049,705 (6.85%)

Woulfe also has a significant gold/silver project called Muguk. They are advancing this project forward as while. Funny enough this was once the largest producing gold mine in Korea. The mine was in operation until 1997 when it closed due to low gold prices.



Near Term Catalysts:
•Project financing (March 2012)
•Project feasibility study (March 2012)
•Project construction start (March/April 2012)
•Gold project news (April 2012)
•Tungsten or Moly prices
•Takeover by one of their partners who already own shares (maybe?)
•Gold project possible spin out


The Bottom Line

Woulfe has a great project with a great joint venture partner in IMC. The kicker is the gold and silver project as it is a great secondary project. As the project continues to move closer to reopening you should see the share price continue upwards.


More to come on Woulfe Mining!

Quelle: http://miningstocksguide.com/2012/03/pick-1-is-woulfe-mining…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.010 von volvocb am 07.04.12 16:19:15

BGS Risk List: Why Tungsten Is On It


The British Geological Survey (BGS) compiled a risk list that outlined the relative risk of certain elements and element groups in 2011. It ranked them according to a risk index, outlined in the following infographic, ranging from one (very low risk) to ten (very high risk). The highest ranking awarded was an 8.5, and tungsten was one of only four elements to receive it.


Based on this list, tungsten is a metal facing high supply risks. Not only does Britain realize the economic importance of tungsten, but also, in the EU, it is one of 14 minerals and metals classified as critical, meaning it has significant economic importance to the member nations.

The BGS describes tungsten as a key hard metal used in almost all cutting tools. It is an important metal with no substitutes, and a key component in steel manufacturing, construction, oil drilling, and mining industries. Tungsten is also used in the fabrication of wires and filaments used in electrical, heating, and lighting applications.

Tungsten’s ranking on the risk list is the result of an assessment of the metal using four equally-weighted criteria, which are discussed below.

Scarcity

The BGS used crustal abundance to determine tungsten’s scarcity. Based on a 2003 report, tungsten is classified as low risk based on a crustal abundance of one parts per million.

Production concentration

According to the BGS, if an element’s production is mainly concentrated in just a few countries, supply risk may be increased. For this criterion, the BGS World Mineral Production (2005 to 2009) report was used to determine the top three producing countries. When their combined contribution accounted for more than 75 percent of global production, an element was ranked as high risk.

Between the period of 2005 and 2009, world tungsten production ranged from 57,000 tons to 62,300 tons. China is the source of 83 percent of the world’s tungsten, and produced between 41,000 and 51,200 tons each year between 2005 and 2009.

The second largest tungsten producer was Russia. That nation’s contribution to annual supply ranged between 2,400 and 3,200 tons. Austria came in third and is credited with 887 to 1,280 tons during those years.

That the world must largely rely on China for tungsten could raise concerns for a number of reasons, the first of which is that the Chinese government restricts supply using export quotas, essentially leaving most other nations to compete for rations. In 2012, the Chinese government set the quota at 15,400 tons, a 300 ton reduction from last year.

Having China as the dominant producer could be problematic in other ways. For instance, it provides domestic consumers with a competitive advantage. Consumers in China are often privy to cheaper prices than their international competitors. This has led to concerns that domestic users are able to produce and bring to market tungsten products that are cheaper than those made elsewhere in the world.

Reserve base distribution

With reserve base distribution, the BGS aimed to assess risk by determining where an element could be produced in the future, although this is not to say that there are currently any plans or projects underway to do so.

Again, an element was given the highest-risk ranking if more than 75 percent of global production came from within three countries, and again tungsten earned this ranking.

According to US Geological Survey data, China not only has the largest resources, but also the largest reserves; of the 6.3 million ton global reserve base, 4.2 million tons are in China. The second largest reserve base of 490,000 tons is in Canada, and Russia ranks third with 420,000 tons.

Governance

The BGS used World Bank data to assess political stability in the top-producing nations. For this purpose, political stability is considered the perception of likelihood that a nation’s government will be destabilized or overthrown in an unconstitutional or violent manner.

China received a ranking of 29.7, Russia 21.7, and Austria 88.7. This translates into China and Russia being considered medium-risk countries and Austria being considered a low-risk nation.

The underlying reasons for the rankings were not provided, but they were based on more than the mere existence of a functioning democracy or a long history of one. Governments face other risks to their political stability such as war, famine, and terrorism.

Opportunities

A supply disruption for tungsten is most likely to be caused by “human factors such as geopolitics (‘haves’ seeking to influence ‘have nots’) or resource nationalism (state control of production).”

China is the leading producer of 28 of the 52 items on the risk list, including tungsten, and the government’s interference in the market is already clear. Also of importance is that China has claimed that it has a growing domestic demand for the metal, increasing the risk of future tightening of export quotas.

Tungsten is geographically widespread with significant resources in a number of countries. Given concerns about the limited supply outside of China and the economic consequences of this situation, there is a real need for a diversity of sources for this metal. Opportunities are rife for those who are willing to venture into this space; developing projects in other nations, especially those with stable governments and mining-friendly atmospheres, would provide an immediate marketing point.

Tungsten junior miners outside of China

Junior miners are rising to the challenge of supplying the market with tungsten outside of China, here is a selection:

Colt Resources (TSXV:GTP,OTCQX:COLTF), North American Tungsten (TSXV:NTC), Woulfe Mining (TSXV:WOF,OTCQX:WFEMF), Largo Resources (TSXV:LGO), Ormonde Mining (AIM:ORM, IEX:ORM), Wolf Minerals (ASX:WLF,AIM:WLE), Playfair Mining (TSXV:PLY), Geodex Minerals (TSXV:GXM,FWB:G2W), Malaga Inc. (TSX:MLG), Kings Island Scheelite (ASX:KIS), Carbine Tungsten Limited (ASX:CNQ, ASX:III), Hazelwood Resources (ASX:HAZ), Vital Metals (ASX:VML), Galway Resources (CSX:GWY) and Almonty Industries (TSXV:AII).



Securities Disclosure: I, Michelle Smith, do not hold equity interests in any of the companies mentioned in this article.

Quelle: http://tungsteninvestingnews.com/2061-bgs-risk-list-why-tung…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.023 von volvocb am 07.04.12 16:25:39

Neues vom Rohstoffexperten - Wolfram im Überblick

......
Woulfe Mining – Entwickelt sich zum Leitwolf
......

Quelle: http://www.wallstreet-online.de/nachricht/4820936-wofuer-wol…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.033 von volvocb am 07.04.12 16:32:23

Rohstoffstreit wegen Seltener Erden eskaliert
EU, USA und Japan verklagen China vor der WTO

.....

Quelle:http://www.focus.de/finanzen/news/haneldsstreit-eskaliert-ch…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.037 von volvocb am 07.04.12 16:34:31

Vancouver, BC, Canada – March 13, 2012 – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) announces that, due to personal reasons, Yun B. Choi has tendered his resignation to the Company as a Director effective March 9, 2012.
The Company wishes to extend its gratitude to Mr. Choi for his tenure and wishes him all the best in his future endeavors.

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000bT8nCFFTuNblJpk…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.042 von volvocb am 07.04.12 16:36:51

Woulfe Mining Announces Results of Preliminary Economic Assessment for its 100% owned Muguk Gold Mine

Vancouver, BC, Canada – March 14th 2012 – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V:WOF OTCQX:WFEMF, Frankfurt:OZ4) is pleased to announce that an NI 43-101 compliant preliminary economic assessment (PEA) has been completed for its 100% owned Muguk gold project in South Korea.
Brian Wesson, Woulfe CEO/President, comments that, “The PEA indicates that the project is economic as it has a positive NPV. We are also excited that this was based on mining one vein of the nine veins on the field and does not include any of the silver. This project was Korea’s largest producing gold project and by developing the Three Brothers vein it will allow for exploration of the field that has substantial underground development that extends across the over 1km strike and down dip to 700 metres below surface.”
The PEA indicates that Muguk is a potentially viable project that will return a positive net discounted cash flow. No insoluble technical issues were identified that might prevent the project proceeding.
The PEA was undertaken by AMC Consultants Pty Ltd (“AMC”) of Brisbane and was based on a mine design and schedule underpinned by an inferred mineral resource. The mineral resource was prepared under the direction of a Qualified Person using accepted industry practice and has been classified and reported in accordance with the JORC Code1.
The Muguk gold-silver mineralization is hosted within a series of parallel, steeply dipping quartz veins that extend discontinuously for 400–2,000 metres along strike and to a known depth of 800 metres. The average width of the veins is typically less than 1 metre, although the veins pinch and swell and can be up to 2 metres in width in places. The Three Brothers Vein and the No.2 Vein are the most significant mineralised structures in the goldfield (refer to release dated 30 August 2011), however there are a number of other veins including Baksan, Geumyong, and Nos 1 and 7-11 Veins which have been partly explored and developed.

.....
4 Seiten!
Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.050 von volvocb am 07.04.12 16:39:09

Woulfe Mining Corp.: Woulfe Mining gibt Ergebnisse der vorläufigen Wirtschaftlichkeitsbetrachtung für die 100%-eigene Muguk Goldmine bekannt

News auf Deutsch

Quelle:http://www.wallstreet-online.de/nachricht/4847026-irw-press-…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.063 von volvocb am 07.04.12 16:45:17

The World Is Running Low On Tungsten; Why You Should Care


Guest post written by Pierre Monet

Pierre Monet is CEO of Malaga Inc., a Montreal-based mining company with operations in Peru.

Last month, Warren Buffett and Berkshire Hathaway unit IMC International Metalworkingagreed to invest $80 million in a tungsten mining project in South Korea, which was once the world’s biggest tungsten producer.

While the deal may come as a surprise to the outside world, those with knowledge of tungsten understand that it’s a crucial but disappearing resource that continues to affect all of us.

A Hard Metal That’s Hard To Get

Tungsten (W) is among the the world’s hardest materials. The metal’s ability to withstand extreme temperatures – particularly high heat – makes it irreplaceable in applications such as cemented carbide tools (which accounts for 50% of its use), “hard steel” drill bits for oil and gas exploration, rocket engine nozzles, cathode-ray tubes as well as vacuum tube filaments, and (for the time being, anyway) filaments in incandescent light bulbs. (The latter only accounts for 3% of its use.)

Increasingly, tungsten is finding its way into new technologies. Its hardness, stability and ability to withstand extreme temperatures make it desirable in the manufacturing of electrodes and components used in touch screens. With the explosion of touch screen technology in smart phones and tablet devices, demand for tungsten, which already was growing six percent annually, is increasing dramatically.

Trouble is, supply is not keeping up.

China, which has more than 80% of the world’s supply of tungsten, has sharply curtailed its exports and as of now is a net importer of this precious element. China also shows no signs of loosening the reins on tungsten exports, preferring instead to use its supply for its own manufacturing applications. Ergo for the foreseeable future, the rest of the world has to look elsewhere for supply.

Russia has some, but keeps 70% of what it has for domestic use. Tungsten has also been harvested and recycled from existing devices and components, but even those sources have now reached their limits and there’s no new significant supply on the horizon.

Currently, that leaves no more than five mines supplying most of the world’s tungsten outside of China and Russia. Consequently, in a recent British Geological Survey report on metals of economic value on the “endangered list,” tungsten was at the very top.

Why There’s Limited Supply

Page 1 2 « Previous PageNext Page »

Prior to 2001, Tungsten miners looked for new sources even as they harvested existing ore in order to guarantee a continuous supply. But in the early 2000s, China flooded the market with inexpensive tungsten. That, coupled with the recession in 2008-2009, drove the price of tungsten down to the point where many mines went out of business and others found it too expensive to continue exploration. Consequently, from 2009-2011 the search for new sources of tungsten dried up.

With China recently deciding to restrict exports and buy up as much tungsten as it can, demand has exploded and the search is on again. Unfortunately, the timetable – from exploration to building a new mine or reopening an existing one to the actual production of tungsten concentrate – is typically a two-to-three year process for those mines currently extracting tungsten for export. In the case of companies that are drilling for (and find) new supplies of tungsten “from scratch,” the cycle to production is at least three to five years. Bottom line: there is no new significant supply of tungsten expected on the market before 2013.

That may explain Berkshire’s move, and why, when the price of most commodities plunged during the second half of 2011 – some by as much as 60 percent – tungsten prices remained stable at $430-$445 per MTU (metric ton unit) – nearly double what they were in 2009. Some analysts predict the price could reach even higher levels in 2012, which is not unrealistic when you consider that some producers state that demand is so high they could ship tungsten at a rate of one container per day – versus the current rate of one per week – if they had the capacity.

Given the short supply of available tungsten on the world market, industries that are depending on it more and more (such as technology) appear to have limited options. In fact, if you view a Warren Buffet type of move – where a company acquires a tungsten operation/mine for its own private use –as unrealistic for most businesses, then there’s really only one other viable possibility: working with and encouraging those companies (outside of China) that are currently supplying tungsten to increase supply and meet demand.

The risk of not doing so could result in China choosing to repeat its earlier policy of flooding the market, which would not only drive some suppliers out of business – but potentially create a virtual, worldwide monopoly with prices and supply dictated by China. Recent rises in the price of oil – again – and the effect it has had on the worldwide economy should tell us that’s not the way to go.

Clearly, working with current suppliers to meet new demand is the better choice, and the only option that would allow for the opportunity to not only increase supply but keep prices within bounds. With so many industries dependent on this irreplaceable metal, in 2012 and for the foreseeable future this is the only way to go.

Quelle:http://www.forbes.com/sites/ciocentral/2012/03/14/the-world-…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.067 von volvocb am 07.04.12 16:48:26

eine etwas neuere (16.3.12) & ausführlichere PPP zu WOF

20 Seiten

Completion of Processing Plant by Q1 2013

Completion of APT Plant in Q2 2013


►ProjectFinancingTermSheets-March
►CompleteFeasibilityStudy-March
►PurchaselandfromCounty-March
►Earthworksandfoundations-
►MarchSecuremajorequipmentmills-April
►ValuationMugukGold-April
►RaisefinanceMugukGold-April
►Gainconstructionpermission-April
►Startproductiondecline-April
►Bulksampletestingproofofprocess-April
►CompleteFlotationdetaileddesign-May
►Millsandflotationconstruction-June
►CompleteAPTdesign-June
►APTConstruction-July
►Productionstartstobuildstockpile-July
►Completion50weeksfrommillorder–July

Quelle: http://www.slideshare.net/objectivecapital/expanding-resourc…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.086 von volvocb am 07.04.12 16:56:53

Das chinesische Ministerium für Industrie und Information hat am Montag die leitenden Förderpläne 2012 für fünf seltene Metalle bekanntgegeben. Demnach steigt die Förderung von Wolfram, Zinn, Antimon, Molybdän und Seltenen Erden im Vergleich zum vergangenen Jahr.

So soll die Förderung von Wolfram von 80.000 auf 87.000 Tonnen steigen, die von Seltenen Erden von 89.200 um etwa fünf Prozent auf 93.800 Tonnen.
Quelle: CRI

Quelle: http://www.wallstreet-online.de/diskussion/1090248-76201-762…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.089 von volvocb am 07.04.12 16:58:50

Woulfe Mining - Next tungsten producer


Mar 27th 2012 - Edison Investment Research today published a report on Woulfe Mining entitled "Next Tungsten Producer". In summary, the report says: "Following the recently-signed milestone agreement with International Metalworking Companies (IMC), Woulfe is moving to a 75% ownership in the Sangdong mine and a 45% interest in the downstream APT plant, which together comprise the Sangdong tungsten project. Having been significantly de-risked as a result of this deal, the project is expected to deliver its first saleable APT in 2013 and should therefore be on track to benefit from the strong tungsten market fundamentals. Our valuation of Woulfe implies a 89% upside to the current market price and we believe the stock should re-rate as the project is advanced to production" ....

Quelle:http://www.stockopedia.co.uk/research/next-tungsten-producer…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.102 von volvocb am 07.04.12 17:05:31

Wolfram zum 1. – Wolfram als Gold: Neue Fälschungen aufgetaucht


Nachdem bereits 2009 Goldfälschungen mit Wolfram aufgetaucht sind, gibt es jetzt neue Fälle: In Großbritannien ist ein Wolfram-Goldbarren entdeckt worden. Aktuelle Schätzungen der Goldhändler-Gemeinschaft gehen davon aus, dass bis zu einer Million Goldbarren einen falschen Kern haben. Wurde der Goldinhalt von Fort Knox ebenfalls durch Wolfram „ausgehärtet“?......


Quelle: http://silberguru.ch/2012/03/27/wolfram-zum-1-wolfram-als-go…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.106 von volvocb am 07.04.12 17:06:42

Woulfe Mining Metallurgical Recovery 15% above Historical

Vancouver, BC, Canada – March 28th 2012 – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that metallurgical testwork has been completed for feasibility.
Brian Wesson (FAusIMM) CEO/President of Woulfe commented “It was not an easy decision for management to delay the feasibility study to seek out the best technology available as a base of metallurgical test work. What made this even more difficult for us is that our signed strategic agreements require the feasibility study for the completion of due diligence. This time and effort was well spent as we have now shown that recoveries of 85% can be achieved, some 15% higher than historical. This positively impacts the return on investment as higher concentrate grade reduces both capital and process costs. Truly a great achievement so now the feasibility is moving rapidly to completion, and will be released in mid-April 2012.”
Metallurgical Testwork 85% recovery
Metallurgical testwork on the Sangdong scheelite ore has proved a highlight of finalising the inputs to the Sangdong Project Feasibility Study. Having established the optimum grind size, an all flotation circuit was trialled. The success of this and its lower capital cost compared with the more conventional gravity plus flotation circuit has resulted in its adoption as the project moves through feasibility to production.
The process first floats the molybdenum, bismuth and other sulphides into a sulphide concentrate using conventional sulphide flotation. The molybdenum and bismuth concentrate can either be sold or further processed to highly value added products. Having removed the sulphides, the scheelite is then initially floated giving it an upgrade ratio of up to 20 times at very high scheelite recovery. This concentrate is then thickened and heated as feed to a flotation circuit incorporating modifications to the well-known Petrov process. The small quantity of thickened and heated concentrate is floated using conventional, but intense flotation conditions. This has resulted in the production of concentrate grades of more than 70% WO3 at recoveries above 85%. The feasibility study has been modified to include these exciting results. New tonnage samples are now being mined from the advanced re-opening of the Sangdong mine to provide adequate feed to verify the feasibility study results by pilot plant testing.
Concentrates from the pilot plant will be used to define the design criteria for the planned ammonium paratungstate plant (APT plant) that under the IMC agreements will be funded by our off-take partner as part of the off-take agreement announced earlier this month.
This news release has been reviewed and approved in the form and context in which it appears by Mr Rod Elvish FAusIMM, who is working with Woulfe on the Sangdong metallurgical study. Mr. Elvish has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resource metallurgical test work and studies and interpret the results.

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.109 von volvocb am 07.04.12 17:08:58

Woulfe Mining Corp.: Metallurgische Gewinnungsrate von Woulfe Mining 15% höher als die historische Rate

News auf Deutsch

Quelle:http://www.wallstreet-online.de/nachricht/4893775-irw-press-…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.113 von volvocb am 07.04.12 17:10:03

Expanding resources in South Korea

Nick Smith - Woulfe Mining Video

Quelle:http://www.objectivecapitalconferences.com/ocic/ree2012/nsmi…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.116 von volvocb am 07.04.12 17:12:42

Woulfe Mining’s Sangdong Project NI43101 update of resources tungsten grade below level 3 increased by 47% and molybdenum grade by 34%

Vancouver, BC, Canada – April 2nd , 2012 – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that Tetra Tech Wardrop (Tetra Tech) have completed an update of the Mineral Resources for Woulfe’s Sangdong Tungsten Molybdenum project in South Korea.
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.

....

9 Seiten

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.121 von volvocb am 07.04.12 17:16:30

Woulfe Mining Corp.: Ressourcen Update des Sangdong Projekts NI42-101 von Woulfe Mining – Wolfram–Grad unter Level 3 um 47% und Molybdän-Grad um 34% angestiegen

News auf Deutsch

Quelle:http://www.wallstreet-online.de/nachricht/4897802-irw-press-…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.124 von volvocb am 07.04.12 17:17:55

Hier noch die Antwort von Nick Smith auf die Frage, warum die Präsentationen im April abgesagt wurden.

We booked these events some time ago but right now we are too busy finalizing feasibility study to be doing an investor roadshow. We will re commit to these events at a more opportune time.
Cheers
nick

Nick Smith

Quelle: stockhouse.com

Quelle:http://www.wallstreet-online.de/diskussion/1090248-76381-763…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.129 von volvocb am 07.04.12 17:19:36

Is Tungsten the next hot rock?


With demand for the metal on the rise, are investors like Berkshire Hathaway starting a "tungsten rush?"

By Alex Konrad, reporter

A chunk of ore with tungsten

FORTUNE -- Tungsten, one of the hardest metals in the world and used for everything from drill bits to light bulbs to touch screens, is suddenly hot. Much of the increased demand is coming from China, which just happens to hold the world's biggest reserves. The country is hoarding mineral resources by reducing exports, according to mining strategist Christopher Ecclestone of Hallgarten & Company, as it produces more of its own precision tools using the metal. "China wants to keep more of the good stuff for itself," he says.

With the Chinese tightening their grip and a general uptick in demand, prices have soared to about $20 a pound, double from a few years ago. That has the relatively small number of tungsten miners, such as Malaga and Woulfe Mining, ramping up activity. Malaga is currently sending one container, which is about 28,000 pounds, of tungsten per week from its Pasto Bueno mine in Peru, according to CEO Pierre Monet. To meet the pressure for more material, he says the mine would have to up its production to five containers per day.

Other mining companies such as Woulfe are capitalizing upon mines that shut down in past years when prices were a lot lower. In 2009, Woulfe acquired a one-time leading tungsten producer, South Korea's Sangdong mine, years after it had closed in 1992. Now the company is in a race to bring Sangdong back online while prices stay high. Woulfe hopes to have the mine in production by the first quarter of next year, says CEO Brian Wesson. But the company, like the rest of its sector, has been in a fight to get the capital it needs to fund the project.

Though tungsten use is spread across a wide range of industries, the quantities involved are still relatively small. There's been little historical interest in the U.S., and few mining analysts cover the material. (Malaga and Woulfe are both based in Canada.) According to Ecclestone at Hallgarten, the long lag time with mines from investment to production has kept investment interest in them relatively muted and their valuations low.

But that could change if executives are right in predicting that tungsten prices stay at high levels for the long haul. The U.S. is paying more attention to strategic metals and recently sued the Chinese government for its export restrictions of "rare earth" minerals, And now Warren Buffett is getting in on the act.

IMC Group, a subsidiary of Buffett's Berkshire Hathaway (BRKA) that holds a diverse portfolio of metalworking companies, recently invested $70 million in Woulfe's South Korean tungsten operations. Half that money goes to the mine itself, with the rest helping to finance a nearby plant for processing the raw material, Woulfe CEO Wesson says. The processed tungsten will then be used by units within IMC.

Mining for a partner

The historical model has been for a mining company to have one project in a given rare metal, with diversification coming from other mines of different minerals. Woulfe, for example, also owns a gold mine, the Maguk project, in South Korea. But Ecclestone says he would not be surprised to see consolidation among tungsten producers. "There are 15 players in the space each with one project, and there should be seven with two projects each." Malaga CEO Monet also notes that there is a limited pool of experienced mining experts capable of starting a new mine from scratch.

Any merger and acquisition activity, however, returns to the question of capital, and the industry can only hope that Berkshire Hathaway proves ahead of the curve in opening up funding. The success of the venture, however, will ultimately depend on the price of tungsten in the months after Sangdong goes operational. Ecclestone says his analysis shows little reason to believe prices will "go bad" anytime soon. But China poses potential headaches for Woulfe and IMC if it tries to manipulate the price.

"As a competitor to China, you're in the cage with the 800-pound gorilla," Ecclestone warns. But it's a cage match that Berkshire Hathaway has bet it can win. Tungsten futures, anyone?

A shorter version of this story appeared in the April 9, 2012 issue of Fortune.

Quelle:http://features.blogs.fortune.cnn.com/2012/04/03/tungsten-be…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.134 von volvocb am 07.04.12 17:22:04

Woulfe Mining Corp. reports strong drilling results at Sangdong.

Vancouver, BC, Canada – April 3rd 2012 – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce the first set of assay results for the current drilling program at Sangdong tungsten/molybdenum project in South Korea. Drilling from underground locations at Sangdong is continuing and the results will be used to progressively update the Resource estimate.
This batch of assay results comprises 16 holes, of which 14 were drilled from Sangdong Level and two were drilled from Level 1. The holes were mostly of 50 metres length targeting the Footwall Zones between Level 1 and Taebaek Level. Two holes tested the Main Zone towards the eastern margin of the deposit.
Significant Footwall Zone intersections include 3.9 metres true width at 0.81% WO3 (WSDD0079) and 7.1 metres true width at 0.54% WO3 (WSDD0046). The only significant Main Zone intersection was 6.9 metres true width at 0.50% WO3 (WSDD0091).

.....

5 Seiten

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.141 von volvocb am 07.04.12 17:24:52

Woulfe Mining Corp.: Woulfe Mining Corp. berichtet sehr gute Bohrergebnisse auf Sangdong

News auf Deutsch

Quelle:http://www.wallstreet-online.de/nachricht/4898605-irw-press-…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.146 von volvocb am 07.04.12 17:25:49

Tungsten Favored Amid `Softening' Commodity Prices

Video

Quelle:http://www.washingtonpost.com/business/tungsten-favored-amid…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.155 von volvocb am 07.04.12 17:31:52

Why Big Money is Attracted to Tungsten


Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.

Last month, Woulfe Mining
......

Quelle:http://resourceinvestingnews.com/33973-why-big-money-is-attr…

[volvocb]

Antwort auf Beitrag Nr.: 43.013.160 von volvocb am 07.04.12 17:33:37

Frohe Ostern euch allen.

Viel Spaß beim Ostereier suchen!

Ich hoffe, Wof beschenkt uns auch bald mit den Big News.

Wer noch ein gutes Jahr warten kann, ist hier genau richtig bei Wof.

[volvocb]

Nordkorea verschärft Ton vor Satellitenstart

Seoul (dpa) - Vor seinem umstrittenen Satellitenstart hat Nordkorea mit «erbarmungsloser» Bestrafung gedroht, falls ein Land die Trägerrakete abschießen sollten. Dies werde als «Kriegsakt» aufgefasst, hieß es in einer Erklärung des nordkoreanischen Komitees für die Friedliche Wiedervereinigung Koreas.

Wer den Satelliten abfange oder dessen Trümmer einsammle, werde von Nordkorea «sofort, resolut und erbarmungslos bestraft».

Quelle:http://www.zeit.de/news/2012-04/06/konflikte-nordkorea-versc…

[volvocb]

Quelle: http://www.youtube.com/results?search_type=videos&search_que…

Videos über Woulfe Mining

22.03.2012 das neuste Video.

[volvocb]

Antwort auf Beitrag Nr.: 43.014.038 von volvocb am 08.04.12 11:03:29

Global Tungsten Projects (excluding China)

Stand vom 8.4.2012 in €

1 Woulfe Mining 0,21
2 North American Tungsten 0,30
3 Largo 0,17
4 Woulfe Minerals 0,23
5 Playfair Mining 0,03
6 Geodex Minerals 0,06
7 King Island 0,10
8 Galway Resources 0,06
9 Vital Metals 0,03
....

Northcliff Res. steht bei 0,41€, die eine Machbarkeitsstudie im 3.Q 2012 raus bringen.

Auflistung laut Woulfe, Präsentation u.a. September 2011

Ein Hype auf Wolframaktien kann ich nicht erkennen, da der Preis seit Monaten langsam fällt.

[volvocb]

Die Abbau und Aufbereitung von Wolfram in Österreich

Video 9 minin Deutsch.

Quelle:http://www.youtube.com/watch?v=rLzHVJNLlvs

The North American Tungsten mine is a great place to work, and promises years of operation to come with its mactung deposit.

Video über NAT 10 min.

Quelle:http://www.youtube.com/watch?v=TdXftdsOg8c&feature=related

WolframCamp Australien

Video 4 min in Deutsch.

Die Deutsche Rohstoff Australia betreibt eine Wolfram Mine in Queensland: Wolfram Camp. Die dem australischen JORC Standard entsprechende nachgewiesene Ressource beträgt insgesamt 1,42 Millionen Tonnen mit Durchschnittsgehalten von 0,60% WO3 (Wolframtrioxid) und 0,12% Mo (Molybdän). Mit HighTech Methoden wird das Erz verarbeitet und ein Konzentrat hergestellt. Volle Produktionsaufnahme soll Anfang 2012 sein.

Quelle:http://www.youtube.com/watch?v=FwS1prGzamk

[volvocb]

Antwort auf Beitrag Nr.: 43.014.146 von volvocb am 08.04.12 12:07:48

China wird wohl die Exportquote für Tungsten in 2012 auf 15.400 Tonnen (2011 – 15.700 Tonnen) kürzen (Link 1). Grund dafür ist wohl dass der jährliche Verbrauch von Tungsten in China um ca. 6-8% pro Jahr wächst. (Link 1+2). China ist somit der mit Abstand der größte Verbraucher von Tungsten – und das wird sich so schnell nicht ändern. Auch in den sonstigen Staaten wird der Verbrauch wohl weiter ansteigen (z.B. Pipelines, Turbinen, Flugzeugbau, Elektronik). Die steigende weltweite Nachfrage und das fallende Angebot durch China wird durch neue Produktionskapazitäten kompensiert werden müssen.

Wenn man die Angaben von Largo (Link2) heranzieht, dann lang der jährliche Gesamtverbrauch an Tungsten (2010) bei ca. 89.000 Tonnen. Andere Quellen beziffern den Verbrauch mit ca. 95.000 Tonnen wobei ca. 76.000 Tonnen aus Neuproduktionen und der Rest aus Recycling-Material kommt. (Link 3). Die prognostizierte Steigerung von 6 %-8% bedeuten eine zusätzliche Nachfrage von ca. 5.000 - 7.000 Tonnen. Fraglich ist, ob China die eigenen Produktionskapazitäten jährlich weiter ausbauen kann ; wahrscheinlicher ist jedoch, dass China mittelfristig zum Importeur (wie bei Kupfer) mutiert.

Entscheidend für die weitere Entwicklung dürfte wohl sein, dass Tungsten (Wolfram) nicht so ohne weiteres ersetzt werden kann da seine Eigenschaften (eines der härtesten und schwersten Metalle mit dem höchsten Schmelzpunkt ) für bestimmte Verwendungszwecke extrem wichtig ist und die Substitution wohl nur zu deutlich höheren Kosten bzw. einem Verlust an Produkt-Performance führen würde. (Link 3)

Derzeit sind viele neue Tungsten-Projekte in der Pipeline. Lt. Mining-Journal dürften wohl Sangdong (Süd-Korea) in 1-2 Quartal 2013 (dank Hathaway), NTc´s MacTungs Projeekt in Canada (2013) und Hemerdon Ball (England) im 1. Quartal 2014 die Produktion aufnehmen können. Das Großprojekt Northern Dancer (weltweit größtes nicht entwickeltes Tungstenlager) von Largo dürfte wohl erst in 2017 an den Start gehen (Link 4). Vorher soll die deutlich kleinere Mine Currais Novos in Brasilien in Betrieb genommen ( 2012?) werden.

2012/2013 dürfte das Tungsten-Projekt Wolfram Camp der DRAG erfolgreich verlaufen.

http://tungsteninvestingnews.com/...as-tungsten-malaga-kenam…
http://www.largoresources.com/metals/tungsten/default.aspx
http://www.mining-journal.com/reports/...Q_DESIGN_NAME=print…
http://www.largoresources.com/Theme/Largo/files/...01_v001_q…

Quelle:http://www.ariva.de/forum/Deutsche-Rohstoff-AG-421431?page=2…

[volvocb]

Antwort auf Beitrag Nr.: 43.014.186 von volvocb am 08.04.12 12:36:38

Quelle: http://www.mining-journal.com/reports/tungsten-hard-to-beat?…


Asia-Pacific

South Korea’s Sangdong tungsten-molybdenum project (owned by Woulfe Mining Corp, formerly Oriental Minerals Inc) is on a historical mine site, where production ceased in 2002 due to low tungsten prices.

The lower levels of Sangdong are flooded but Woulfe says it will focus on the upper levels of the mine, which are accessible. The company has been fast-tracking re-opening of the mine and hopes to start construction by year’s end, with first production in early 2013.

Using historical drilling data, a scoping study provides total inferred resources of 103Mt. Based on this information, the company predicts a 1.2Mt/y production rate.

Early in the year, Woulfe undertook an infill drilling programme in the upper levels of the eastern half of the deposit to upgrade the resource, which found a grade higher than the scoping study. Resources for this area have been updated to 6Mt at a grade of 0.42% WO3 (indicated) and 18Mt at a grade of 0.45% WO3 (inferred). Woulfe says this tonnage could potentially provide mill feed for 20 years.

Woulfe expects its feasibility study, started in June this year, to be completed in the September quarter, and capital costs will be around US$135 million.

In November 2010, the company announced a strategic partnership with Korea Zinc Co Ltd. Under the terms, Korea Zinc will invest C$38 million in Sangdong to acquire a 51% stake in the subsidiary which holds the project. Also mooted is C$75 million in residual finance upon completion of the feasibility study, and a C$40 million investment in Woulfe subsidiaries.

Tabelle weiter unten mal anschauen!

[volvocb]

Antwort auf Beitrag Nr.: 43.014.201 von volvocb am 08.04.12 12:43:25

Eine britische Minengesellschaft will im Südwesten von England eine seit dem Zweiten Weltkrieg stillgelegte Wolframmine wieder in Betrieb nehmen.

Es handelt sich bei der Mine in der Grafschaft Devon um das viertgrößte bekannte Vorkommen des seltenen Metalls. Ab 2015 sollen mit der Förderung dort rund 3,5 Prozent des weltweiten Bedarfs abgedeckt werden. Bislang beherrscht China den Wolfram- Weltmarkt mit einem Anteil von 85 Prozent. Die Förderung in Großbritannien könnte dazu beitragen, die marktbeherrschende Stellung von China zu brechen. Wolfram ist eines der strategisch wichtigen Metalle, um die sich zwischen China einerseits und Europa und den USA andererseits die Handelskonflikte verschärfen.
.....

Quelle:http://www.welt.de/newsticker/bloomberg/article106158813/Ers…

[GR11]

Hallo volvocb,

Du machst echt einen super Job.

Ich bin immer wieder begeistert, wo Du die ganzen Info´s herholst. Und vor allem sehr objektiv, mit allen Pros und Cons.

Vielen Dank dafür und mach bitte weiter so!
Danke und Gruß, GR11

[derrmste]

Antwort auf Beitrag Nr.: 43.014.974 von GR11 am 09.04.12 06:12:27

dito,

auch von mir ein herzliches Dankeschön. Für Leute wie mich, die selbstständig san und denen die Zeit für solche Recherchen fehlt, macht es immer wieder Freude solche fundamentale Postings zu lesen.

servus derrmste

[volvocb]

Antwort auf Beitrag Nr.: 43.014.208 von volvocb am 08.04.12 12:48:45

USA warnen Nordkorea vor "sehr provokativem Akt"

10.04.2012 | 12:21 | (DiePresse.com)

Die USA haben Nordkorea vor neuen Raketentests gewarnt,. Auch Japan hat seine Luftwaffe in Alarmbereitschaft versetzt. Südkorea will indes Hinweise auf einen dritten nordkoreanischen Atomtest haben.

http://diepresse.com/home/politik/aussenpolitik/747638/USA-w…

[volvocb]

Antwort auf Beitrag Nr.: 43.019.218 von volvocb am 10.04.12 14:56:43

Südkorea erfolgreich in Spitzentechnologie

Guten Tag, liebe Leserinnen und Leser,

Südkorea ist inzwischen zu einem Standort für Spitzentechnologie aufgestiegen. Das Land hat Japan schnell eingeholt und zeichnet sich durch ein hohes Maß an Innovation aus. Die verarbeitende Industrie in Südkorea erreichte ein Plus von 88 Prozent bei den ausländischen Direktinvestitionen. Das Bruttoinlandsprodukt wird dieses Jahr voraussichtlich um 3,8 Prozent zulegen. Südkorea verfügt über eine ausgezeichnete Infrastruktur und eine äußerst wettbewerbsfähige Wirtschaft.
Symbol für den großen Erfolg ist Samsung. Das Unternehmen verbuchte einen Rekordumsatz von 30,5 Milliarden Euro und einen Gewinn von 3,9 Milliarden Euro. Innerhalb von drei Jahren hat sich der Aktienkurs verdreifacht. Außer mit Smartphones und Tablet PCs erzielte Samsung zusammen mit dem Unternehmen LG einen technologischen Durchbruch. So genannte organische Leuchtdioden (OLEDs) sollen in Zukunft dafür sorgen, dass Bildschirme und Displays hauchdünn und biegsam wie Folie werden. Anders als LCD-Bildschirme benötigen OLEDs keine zusätzliche Beleuchtung und daher kaum Energie. Solche flexiblen Bildschirme ermöglichen eine dreidimensionale Darstellung.

Zusammen mit Googles angekündigter smarter Brille, bei der zusätzliche Informationen eingeblendet werden, könnte die „Augmented Reality“ (die durch das Internet erweiterte Realität) den Durchbruch in der Informationstechnologie schaffen.

Quelle:http://www.boerse.de/geldanlage/Suedkorea-erfolgreich-in-Spi…

[volvocb]

Woulfe Mining 11.4.12

Technical report (NI 43-101) - English

59 Seiten

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000JMoS4NrCzxPIqJy…

[volvocb]

Antwort auf Beitrag Nr.: 43.029.446 von volvocb am 12.04.12 12:44:12

Ich hoffe, wir schaffen die 0,28 Cad zu überwinden ohne News!

[volvocb]

Erste Rede des Diktators

Kim Jong Un betont Bedeutung des Militärs

Tokio - Kim Jong Un hat am Sonntag bei einer Militärparade in Pjöngjang erstmals öffentlich gesprochen. Die Zeit, in welcher die 'Imperialisten' Nordkorea mit Atomwaffen bedrohten, sei 'auf immer vorbei', rief er den Zehntausenden zu, die auf dem Kim-Il-Sung-Platz den hundertsten Geburtstag ihres Staatsgründers feierten. Das verdanke Nordkorea seiner Armee-zuerst-Politik. Das Militär habe nicht nur die erste Priorität, so Kim, 'sondern auch die zweite und die dritte'. Dazu ließ Kim vergangene Woche den Wehretat aufstocken. Das Fiasko des Unha-3-Raketentests, bei dem die Trägerrakete kurz nach dem Start explodierte und ins Meer stürzte, erwähnte er nicht. Auf der Militärparade, die auf die Rede des jungen Diktators folgte, führte Nordkorea jedoch einen neuen Raketentyp vor. Experten vermuteten, es handle sich um eine Mittelstreckenrakete.

Der Raketenabsturz ist auch ein Rückschlag für Nordkoreas Waffenverkäufe; alle vier bisherigen Starts sind gescheitert. Wer wollte da Nordkorea noch Raketentechnologie abkaufen? In Seoul tauchten Befürchtungen auf, nach dem gescheiterten Start werde es zu einer Säuberung unter Nordkoreas Raketen-Ingenieuren kommen. Eine Gruppe südkoreanischer Aktivisten sandte am Sonntag Ballons mit regimekritischen Flugblättern über die innerkoreanische Grenze.

Es ist sehr ungewöhnlich, dass ein nordkoreanischer Diktator zur Menge spricht. Kims Vater Jong Il zeigte sich den großen Menschenmengen zwar in regelmäßigen Abständen, schwieg bei diesen Anlässen aber in der Regel und ließ Generäle und Minister reden. Unklar ist, welchen Zweck der junge Kim, der bisher in allem seinen Vater kopiert hat, mit seiner Rede verfolgte. Wollte er sich als starker Mann präsentieren, um das Scheitern des Raketentests zu kompensieren?

Kim Jong Un machte in seiner Ansprache keine Ankündigungen, keine Versprechen, keine neuen Drohungen. Er wiederholte nur, was die Propaganda längst verbreitet hat. Er sagte es bloß etwas milder. Eigentlich war seine Rede gar keine politische Rede. In seiner weichen Stimme las Kim einen Text abgenutzter Propagandafloskeln ab: Friede sei wertvoll für Nordkorea, dass er die Versorgung seiner Bevölkerung verbessern wolle, hieß es darin, 'aber die Würde und Selbständigkeit unserer Nation ist wertvoller'.

Andererseits sagte Kim, es breche ihm das Herz, dass die beiden Koreas immer noch geteilt seien. Sein Regime werde 'mit jedem verhandeln, der ernsthaft die Wiedervereinigung anstrebt'. Der Raketenstart und Kim Jong Uns Auftritte der vergangenen Tage lassen nicht erkennen, wohin er sein Land steuern will. Vielleicht weiß er es selbst nicht, genauso wenig wie seine Hintermänner. Oder aber die Hintermänner können sich nicht einigen. Christoph Neidhart

Quelle:http://www.sueddeutsche.de/Z5N386/572604/Erste-Rede-des-Dikt…

[volvocb]

Antwort auf Beitrag Nr.: 43.043.000 von volvocb am 16.04.12 11:07:31

Beitrag Nr. 500
Danke auch an alle Leser.

Ich hoffe, wir kommen über die 0,325 Cad bis die News kommen, dann ist der Weg offen bis 0,39.
Ich schätze Do oder Fr. kommt die News.