Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) reported the first blast of the production portal at the Sangdong tungsten/ molybdenum project in South Korea.
As quoted in the press release:
The new portal has been named the “Woulfe drive”, after the parent company.
The initial production area is only 50 metres from the current portal position. The development of the six metre square access drive, will take 60 days to reach the initial mining area.
Woulfe Mining CEO & President Brian Wesson said:
Having lost time completing Woulfe’s strategic agreements with IMC, we are now completely focused on bringing Sangdong to production and achieving positive cash flow.