The new NI 43-101 report for the Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4)Sangdong Project resource announces an overall increase in resources of 47% for the upper section.
As quoted in the press release:
The NI43-101 report for the Sangdong Project resource was released today containing new information:
- Upper section (above level 3) indicated tungsten resource as reported increased by 195% (2.7 times excluding hanging wall ore body)
- Upper section (Above level 3) Inferred resource increased 2%.
Even with the significant increase in indicated resource above the valley floor the inferred in the same area increased by 2% which gave an overall increase in resources of 47% for the upper section.
- Lower area below level 3 was modelled giving the higher level of understanding of the mineralisation and the tungsten grade increased by 47% and molybdenum grade 34% which is understandable as we approach the historically drilled high grade molybdenum modelled by KORES below the skarn mineralisation.