Woulfe Mining (TSX-V “WOF”) is an exciting, new company with diversified resources playing a central role in the renaissance of the South Korean mining industry. The company has a diversified portfolio of advanced projects of previously operating mines with some green fields exploration. The previously operating mines have known resources, infrastructure and are considered low risk as metal has been mined and recovered, further with the metal prices substantially higher than in the nineties they have become extremely economic. As such the mines can be reopened rapidly as they have extensive underground development and infrastructure in place.
Current projects include the Sangdong tungsten-molybdenum mine; historically one of the largest tungsten mines in the world and remains’ one of the largest tungsten resources, High grade Sangdong molybdenum stock work project, 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 for uranium, base metals and tungsten.
The company has assembled a highly skilled, in-country, technical team and a board of directors with an outstanding track record of success. Woulfe is proud to be working in Korea which is one of the fastest growing economies with energetic, innovative people and a mining friendly investment code in the heart of the expanding markets of Asia.Company Website: www.woulfemining.com/