Woulfe Mining Corp. (CVE:WOF) reports an underground drilling program for the Sangdong Tungsten project in South Korea.
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.
