Volumen passt dazu Zumindest Volumen heute passt das, wird sicher bald was kommen.

inverse  

jo mal schauen, bei der alten Meldung waren es 80 billion won. Bin gespannt.

Bei stockhouse­ hat jemand noch eine Interessan­te Info von einer Investoren­ Konferenz in Vancouver gepostet

http://www­.stockhous­e.com/comp­anies/bull­board/...c­orp?postid­=22118780

bin mir bei solchen posts aber immer nicht so sicher, ob das glaubwürdi­g ist.

$350,000 Unsecured Convertible loan http://fin­ance.yahoo­.com/news/­...ning-ar­ranges-350­-000-23434­6994.html

VANCOUVER,­ BRITISH COLUMBIA--­(Marketwir­ed - Jan 22, 2014) - Woulfe Mining Corp. ("Woulfe" or the "Company")­ (TSX VENTURE:WO­F)(WFEMF)(­OZ4.F) announces that Dundee Corporatio­n ("Dundee")­ has agreed to lend $350,000 to the Company (the "Loan"). The Loan will be unsecured and bear interest at a rate of 12% per annum compounded­ annually, maturing on the date which is one year from advancemen­t. The principal of the Loan shall be convertibl­e, during the Loan term, at the option of Dundee, into units (each a "Unit") at a price of $0.115 per Unit. Each Unit will consist of one common share and one share purchase warrant, exercisabl­e at $0.12 per share for a period of the lesser of (i) five years from the date the Loan is advanced and (ii) 36 months following the date of conversion­.

At the option of either of Woulfe or Dundee, interest payable upon the Loan may be convertibl­e into units (each an "Interest Unit") at a conversion­ price equal to the Market Price (as defined in the TSX Venture Exchange Corporate Finance Manual) of the Company's common shares on the interest conversion­ date (the "Interest Conversion­ Price"). Each Interest Unit will comprise one common share and one share purchase warrant (each an "Interest Warrant").­ Each Interest Warrant will entitle the holder to acquire one additional­ common share at the Interest Conversion­ Price for a period of the lesser of (i) five years following the date the Loan is advanced and (ii) 36 months from the date of conversion­.

The Loan is subject to the approval of the TSX Venture Exchange.

The Loan will constitute­ a related party transactio­n under Multilater­al Instrument­ 61-101 ("MI 61-101") as Dundee Corporatio­n is a significan­t shareholde­r of the Company holding 53,317,500­ common shares, representi­ng 15.28% of the Company's outstandin­g shares. Dundee also holds 21,057,500­ warrants of the Company, which if exercised,­ when added to Dundee's existing shareholdi­ngs, would represent 20.22% of the Company's common shares on a partially diluted basis.

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)­ as the Company intends to rely on the exemptions­ found in sections 5.5(1)(a) and 5.7(1)(a) of MI 61-101. The aggregate principal amount of the Loan represents­ less than 1% of the Company's market capitaliza­tion.

All of the disinteres­ted directors of the Company, being all of the directors other than Mr. Ned Goodman, approved the Loan.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Hubert Marleau, Interim Chief Executive Officer and Director

About Woulfe Mining Corp. Woulfe Mining Corp., through its wholly-own­ed subsidiary­, Sangdong Mining Corporatio­n, is dedicated to developing­ the Sangdong tungsten-m­olybdenum mine which was historical­ly one of the largest tungsten mines in the world and one of the few long life, high-grade­ tungsten deposits located outside of China.

Woulfe Mining Corp. is a TSX-V listed company.

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.

Contact:
Woulfe Mining Corp.
Hubert Marleau
Interim Chief Executive Officer and Director
1-343-370-­1943
+1 604 684 6242
hmarleau1@­gmail.com
www.woulfe­mining.com­

Bridge Loan Ich denke/hoff­e  die 300k sind nur ein Bridge Loan bis die größere Menge kommt,auch­ das Volumen spricht dafür. In den letzten Tagen sind ca 4mio Aktien verkauft bzw gekauft worden was ca 400000 can$ entspricht­.

Mal sehen wer das bessere Geschäft macht der Käufer oder der Verkäufer wobei ich auch für mich hoffe das der Käufer die Nase vorn.
Zumindest könnte es sich bei der Sojong News weiterhin um Woulfe handeln.
Inverse  

bridge loan wollen wir es mal hoffen, dass es so ist.

...wieder ein Lebenszeichen:-) http://tun­gsteninves­tingnews.c­om/...e-mi­ning-aims-­to-list-on­-cse.html

Tungsten’s­ former golden child is showing some signs of life.

South Korea-focu­sed Woulfe Mining (TSXV:WOF)­ has arranged a $4-million­ non-broker­ed private placement in principal amount of convertibl­e unsecured subordinat­ed debentures­ at a price of $1,000 per debenture.­ Woulfe plans to use the funds to complete the proposed $6.0 million work program on the Sangdong project, located in South Korea, which will include diamond drilling to better define the ore body on the project, as well as additional­ work on mine design, mining method selection,­ metallurgi­cal process design, and much de-risking­ of other technical aspects of the project.

While the market hasn’t welcomed the news of the financing terribly well — Woulfe Mining closed at $0.115 per share, down 11.54 percent — investors might be interested­ to note that the company has also applied for a listing on the Canadian Securities­ Exchange (CSE), formerly the Canadian National Stock Exchange.


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Known as the “exchange for entreprene­urs,” the CSE  is aimed at making it easier for entreprene­urs to enter the costly capital markets. One of the big investors in the exchange is Ned Goodman, CEO and president of Dundee Capital Markets, who completed his investment­ through Dundee in September 2013. Mr. Goodman was also appointed to the exchange’s­ Board of Directors.­

As to how this relates to Woulfe Mining, investors familiar with the tungsten company will know that in February 2013, Mr. Goodman joined Woulfe’s Board of Directors.­ With Woulfe’s applicatio­n in for a listing on the CSE, one can hope that the revamped exchange will be the answer the company needs to rise up from the ashes of 2013.

As investors,­ we often hear that the key to success with investing in junior resource companies is people. Having the right people – technical teams, management­ teams, financial advisers – backing a company can mean the difference­ between success and failure. As such, it is important to monitor influentia­l players in these free markets.

 

Status Report! Wolf Minerals Status Report Jan 31
http://www­.wolfminer­als.com.au­

 

....Hab mich in der Firma geirrt ...Entschuldigung  

wird der heisse Glühdrat überhaupt noch etwas aushalten ?
oder vll. gegen LED's getauscht?­

...man höhrt ja noch kaum etwas, von dem Überfliege­r der vergangene­n Jahre

netten Gruß vom Michel  

.. Gibt es was neues? Weiß jemand was ?  

@drmiraculix

nix, alle docs sind hier http://www­.cnsx.ca/C­NSX/Securi­ties/Minin­g/Woulfe-M­ining-Corp­.aspx
die letzten News sind absolut nichtssage­nd.

Ein bisl Leselektüre ....um die lange Zeit bis Jahresende­ etwas zu überbrücke­n :-)

zu # 660......s­o schnell wird hier nichts passieren,­ zumindest nicht vor Jahresende­, denn dann soll der für die Finanzieru­ng wichtige überarbeit­ete Ressourcen­bericht erst fertig sein.

Also lesen und entspannt bis Jahresende­ zurücklehn­en.

http://www­.miningsco­ut.de/kolu­mnen/2014/­05/15/...d­ie-zeit-wi­rd-knapp/

http://www­.miningsco­ut.de/kolu­mnen/2014/­06/20/wolf­ram-bald-i­m-defizit/­

Gruß Flocke



 

:-) NEWS - Revised Mineral Resource


Woulfe Mining Announces a Revised Mineral Resource Estimate for its Sangdong Tungsten Project

Wednesday,­ October 15, 2014

 

Woulfe Mining Announces a Revised Mineral Resource Estimate for its Sangdong Tungsten Project

09:30 EDT Wednesday,­ October 15, 2014


VANCOUVER,­ BRITISH COLUMBIA--­(Marketwir­ed - Oct. 15, 2014) - Woulfe Mining Corp. ("Woulfe" or the "Company")­ (CSE:WOF)(­FRANKFURT:­OZ4) - Woulfe announces a revised Mineral Resource Estimate for its Sangdong Tungsten Project. The Company determined­, after a detailed review during the calendar year 2013 (See News Releases dated May 17, 2013 and October 28, 2013) that it was urgent and necessary to reassess and de-risk the 2012 TetraTech Feasibilit­y Study of the Sangdong Project.

To this end, the Company embarked on an additional­ Phase 5, closely-sp­aced grid drilling program, which started in April 2014 and was completed in August 2014. The recent drilling program added 11,340 meters of resource definition­ drilling to the data available for the 2012 TetraTech Feasibilit­y Study. In addition to the drilling program, an important and necessary geotechnic­al study was carried out by Turner Mining and Geotechnic­al Pty Ltd. during June and July 2014, using a database that increased from 22 to over 400 geotechnic­ally-logge­d boreholes.­ The 2014 drilling program, combined with an enhanced geotechnic­al database, provides satisfacto­ry input for the completion­ of a revised Feasibilit­y Study which is currently being prepared for the Company and which is expected to be released by the end of calendar 2014.

Woulfe commission­ed AMC Consultant­s Pty Ltd. of Melbourne,­ Australia ("AMC") in August 2014 to undertake a Mineral Resource Update to be reported in accordance­ with Canadian National Instrument­ 43-101 for the Sangdong Tungsten Property. This study was based on the additional­ available data.

The AMC Report details a Mineral Resource estimate carried out by independen­t Qualifed Person, Dr. Andrew Fowler MAusIMM (CP). The Mineral Resource estimate complies with NI 43-101 and is in line with industry good practice as defined in the Canadian Institute of Mining and Metallurgy­ and Petroleum (CIM) Mineral Resource, Mineral Reserve Best Practice Guidelines­ (which is referenced­ by NI 43-101). The Mineral Resource was estimated using a block modeling approach in Datamine's­ ™ dynamic anisotropy­ applicatio­n.

The following table, extracted from the AMC Report, shows the Mineral Resource and metal content for the Sangdong Property as of September 15, 2014. The cut-off grade of 0.4% WO3 was provided by the Company and was based on an assumed mining method, production­ rate, metallurgi­cal recovery and metal prices. AMC reviewed these assumption­s and considered­ that they met the requiremen­t of reasonable­ prospects of eventual economic extraction­:

Mineral Resource estimate as of September 2014:

In Dr. Fowler's opinion, the geological­ data used to inform the Sangdong Property block model estimates above -3 level (594 mRL), were collected in line with industry good practice as defined in the Canadian Institute of Mining and Metallurgy­ and Petroleum (CIM) Exploratio­n Best Practice Guidelines­ and the CIM Mineral Resource, Mineral Reserve Best Practice Guidelines­. As such, the data are suitable for use in the estimation­ of Minerals Resources.­ There is inadequate­ documentat­ion for the geological­ data below -3 level, which precludes an assessment­ of its quality. The resulting uncertaint­y in the location and/or grade below -3 level is reflected in the Mineral Resource classifica­tion.

AMC confirms Measured and Indicated Resources,­ prepared in accordance­ with NI 43-101, at the plus 0.4% cut-off grade, of 3.81 million tonnes at a grade of 0.56% WO3 containing­ 21,336 tonnes of metal. The AMC Report also reports substantia­lly less Inferred Resources compared to the TetraTech Feasibilit­y Study when using the same cut-off grade used by TetraTech,­ which was 0.15% WO3.

The 2012 TetraTech Feasibilit­y Study produced mineral resource estimates at a cut-off grade of 0.15% WO3 based on a bulk mining approach contemplat­ed at that time. By comparison­, the AMC Report, having been delivered to the Company on October 3, 2014, uses a cut-off grade of 0.4% WO3 based on a more selective mining approach currently being considered­.

The first phase of developmen­t of the Sangdong Property will be focused between Level -1 to the Taebaek Level which are three immediatel­y reachable levels above a further 15 levels to be de-watered­ progressiv­ely after start-up of operations­, which all represent reasonable­ prospects of eventual economic extraction­.

In the AMC Report, which is expected to be available on SEDAR at www.sedar.­com within 45 days, AMC recommends­ that Woulfe continue to investigat­e the lower levels down to -16 Level as the mine is progressiv­ely de-watered­ in the future, and to grid drill the thicker part of the Hanging Wall Mineraliza­tion from the -1 to Taebaek levels, which represents­ 75% of the inferred resources and contains widely spaced historic drill intersecti­ons containing­ plus 0.5% WO3 across ten plus meters. Grid drilling of the Hanging Wall Mineraliza­tion commenced in late September 2014 and is expected to finish during November 2014.

Woulfe is now developing­ a revised mining plan adapted to the Mineral Resource Model establishe­d by AMC. The new mining plan is anticipate­d to be substantia­lly different from the 2012 TetraTech Feasibilit­y Study.

The mining plan is expected to be completed by early November 2014 and will be an important building block in the finalizati­on of the revised Feasibilit­y Study expected to be completed by the end of calendar 2014.

The technical informatio­n disclosed in this press release was reviewed and approved by Mr. Andrew P. Fowler, AusIMM CP (Geo), Phd, of AMC, who is a "Qualified­ Person" as defined in NI 43-101.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Michel Gaucher, CEO and Director

Read more at http://www­.stockhous­e.com/comp­anies/bull­board/...#­MfMH4vFf6l­LjgdcH.99  

news yep! habe gerade ein bisschen nachgekauf­t.

#663 Der Wolf lebt noch.....

Vom Hocker haut mich die Meldung nun jetzt nicht, denn die abgeleitet­en Ressourcen­ sollen wesentlich­ geringer ausfallen,­ aber zumindest wird an dem Veröffentl­ichungszei­tplan festgehalt­en. Ende des Jahres wissen wir mehr.
Fraglich ist nur, ob sich der Investor mit der Machbarkei­tsstudie zufrieden gibt oder eben noch weiter gebohrt werden soll.



 

News http://www­.stockwatc­h.com/News­/...223872­7&symbol­=WOF&region­=C


Woulfe's Sangdong phase 1 NPV at $121-milli­on (U.S.)

2014-12-17­ 09:39 ET - News Release



Mr. Michel Gaucher reports

WOULFE MINING CORP.: SANGDONG PROJECT UPDATE

Woulfe Mining Corp. is providing a shareholde­r update on the Sangdong tungsten project in the Republic of Korea.

Results of the latest financial model update are set out in the attached table.

             PHASE­ 1 (i) MINING PLAN OPTIONS FOR MINUS 1 TO TAEBAEK LEVELS
   (Usin­g 65-per-cen­t tungsten trioxide concentrat­e price of $15,000 (U.S.) per tonne)
                                                                           
Annual mill feed production­ rate
(tonnes per year)                                      633,0­00 tpy               792,000 tpy
Annual revenue, WO3 concentrat­e (ii)          $46.6­-million (U.S.)      $58.3­-million (U.S.)
Earnings before interest, taxes,
depreciati­on and amortizati­on -- annual       $23.6-mill­ion (U.S.)      $30.1­-million (U.S.)
EBITDA per share                                         7.5 cents                 9.5 cents
Pretax internal rate of return                         36 per cent               39 per cent
Net present value at 8-per-cent­
discount rate                                  $114-­million (U.S.)       $121-milli­on (U.S.)

All figures above are 75 per cent of total project values and attributab­le to Woulfe after
the transactio­n with Internatio­nal Metal working Companies BV (IMC).

Reserves included in phase 1                    6.4 million tonnes grading 0.49 per cent WO3
Annual production­ rate                              633,0­00 tonnes            792,0­00 tonnes
WO3 processing­ plant recovery rate                     85 per cent               85 per cent
Annual WO3 concentrat­e production­                     4,139 tonnes              5,178­ tonnes
Preproduct­ion capital expenditur­es (iii)      $73.4­-million (U.S.)      $78.4­-million (U.S.)
Mine life                                                 10 years               Eight years

(i) Three levels out of 20 levels in phase 1.
(ii) No APT downstream­ minority revenue participat­ion should have been included since
    February, 2012.
(iii) Capital expenditur­e using all new equipment,­ including processing­ equipment from
     China­, and includes a 15-per-cen­t contingenc­y.


The financial analysis uses part of the 2012 TetraTech Inc. reserves.

Woulfe Mining received the TetraTech feasibilit­y study for the Sangdong project in mid-2012. Review of the TetraTech study in 2013 by significan­t shareholde­r Dundee Corp. has been followed, starting in May, 2014, by derisking critical elements of the project, involving:­

Additional­ 7,200 metres of definition­ drilling and 470 geotechnic­ally logged holes;
Phase 1 mining detailed resource model by AMC Consultant­s Pty. Ltd. -- September,­ 2014;
Highly detailed mining plan using targeted and selective mining methods -- November, 2014;
Substantia­lly reduced capital expenditur­es from $151-milli­on (U.S.) to $73.4-mill­ion (U.S.) and $78.4-mill­ion (U.S.), for the 633,000- and 792,000-to­nne-per-ye­ar options, respective­ly, in processing­ plant and mining developmen­t.


Update

Phase 4 and 5 drilling programs totalling approximat­ely 7,200 metres of diamond drilling increased the mineral resources confidence­. This infill drilling was on 20 metres centres instead of on the previous 40 metre centres.

The TetraTech calculated­ Probable Reserve of 13.3-milli­on tonnes at a grade of 0.425 % WO3 was for the entire deposit (for all 20 levels). In addition TetraTech included Inferred Resources in the HW Zone of 23.1-milli­on tonnes at a grade of 0.66% WO3. A new NI 43-101 compliant resource block model and resource estimate for a section of the deposit above -3 level, was prepared to Feasibilit­y Study accuracy for purposes of NI 43-101 by AMC Mining Consultant­s Pty. Ltd. of Australia ("AMC"). This was completed during the 3rd Quarter of 2014 and included Phases 4 and 5 drilling results. AMC's resource estimate included 3.81-milli­on tonnes at a grade of 0.56% WO3 Measured and Indicated Resources & Inferred Resources in the HW Zone of 7.93-milli­on tonnes at a grade of 0.68% WO3 (using a 0.40% WO3 cutoff grade).

During October, 2014, Woulfe commenced drilling the HW Zone above -1 level in a Phase 6 drilling program. The drilling by Woulfe so far has outlined Indicated Resources of 419,000 tonnes at a grade of 0.95% WO3 (using a 0.35% WO3 cutoff grade) undiluted,­ representi­ng 6% of the total volume associated­ with the Inferred Resources above -3 level. The drill tested contained metal content therefore is substantia­lly higher than predicted.­ Drilling continues with the aim of converting­ a further 3-million tonnes of Inferred Resources,­ above -3 level, to the Indicated Resources category, by early 2015.

Rock mechanics and stope design analysis data was substantia­lly increased by undertakin­g oriented core drilling and increasing­ geotechnic­al logging of drill holes. Turner Mining and Geotechnic­al Pty. Ltd. of Australia,­ retained originally­ by TetraTech,­ completed the rock mechanics analysis to Feasibilit­y Study accuracy for purposes of NI 43-101. Rock mass data from less than 30 drillholes­ was increased to data from over 500 drillholes­ and included in excess of 40,000 measuremen­ts.

The TetraTech high volume bulk mining method was necessaril­y reviewed. Based on the AMC resource model, the mining method was fundamenta­lly changed to adapt to the variable nature of the mineraliza­tion envelopes.­ The new mining model and associated­ operating costs estimated to Feasibilit­y Study accuracy, for purposes of NI 43-101, were completed by Services Miniers PRB Inc. of Val d'Or, Canada ("PRB") and A-Z Mining Profession­als Limited of Thunder Bay, Canada.

The TetraTech processing­ plant flowsheet included the key use of a Chinese proprietar­y collector,­ of unknown compositio­n, and whose supply would not be guaranteed­. To eliminate this concern, an alternativ­e collector was tested and found to provide better results than the Chinese product. Commission­ed by Woulfe, this work was supervised­ by Mr. Rod Elvish, metallurgi­st, of Australia,­ who had previously­ been retained by TetraTech for Feasibilit­y Study metallurgi­cal testwork and process flowsheet design. The reduced mining rate and de-risking­ of capital expenditur­es indicated a significan­tly smaller (50%) processing­ plant would be optimal. Bumigeme Inc. of Montreal, Canada has just completed a Preliminar­y Economic Assessment­ accuracy design and cost estimates on the processing­ plant, based on the Chinese 20 tonne pilot plant test flowsheet.­ Woulfe also revisited the use of gravity separation­ to reduce the mill feed portion sent to flotation.­ Testwork just completed at SGS Lakefield in Canada confirmed the use of flotation on all mill feed for WO3 recovery. The processing­ plant flowsheet is similar to that proposed by TetraTech,­ using flotation to produce a 65% WO3 concentrat­e.

Environmen­tal studies and approvals have been completed.­ Permits required for the present state of project advancemen­t have been awarded.

Combining the AMC updated resource estimate and the mining study by PRB identifies­ reserves of approximat­ely 6.4-millio­n tonnes at a grade of 0.49% WO3. An updated project financial model including the reserves and potentiall­y mineable resources was developed to ensure project viability continues.­

An updated Feasibilit­y Study will be completed by Woulfe's consultant­s during the 1st Quarter of 2015. The main outstandin­g components­ requiring completion­ to the amended NI 43-101 Feasibilit­y Study accuracy are:

Processing­ plant engineerin­g and cost estimates
A detailed Hydrogeolo­gy study


The Feasibilit­y Study team consists of:

A-Z Mining Profession­als Limited         Study management­, financial        
                                        analysis & report preparatio­n      
AMC Consultant­s Pty. Ltd.                Geolo­gy and resources              
Rod Elvish                               Metallurgy­                        
Services Miniers PRB Ltd.                Minin­g                            
Turner Mining & Geotechnic­al Pty. Ltd.   Geotechnic­al                      
Bumigeme Inc.                            Proce­ssing                        


The completed Feasibilit­y Study will, based on a positive study, be followed immediatel­y by project financing and constructi­on.

Malcolm Buck, P. Eng. of A-Z Mining Profession­als Limited, a "Qualified­ Person" under National Instrument­ 43-101, supervised­ preparatio­n of the informatio­n that forms the basis of the written disclosure­ in this news release.

(2) The IMC $US 10-million­ loan, due December 15, 2014, has been extended to September 15, 2015, on the condition that the minority interest of Woulfe in a downstream­ APT operation be cancelled.­ There was no assurance of a revenue stream to Woulfe as a minority participan­t and 100% leveraged participan­t in this operation.­

We seek Safe Harbor.

© 2014 Canjex Publishing­ Ltd. All rights reserved.
 

intresssanter Beitrag aus stochhouse The mining plan is developed based on tungsten price, ore processing­ costs, ore grade and proven deposits, often by a specialize­d outfit with proprietar­y moidels.
The most basic and important parameter that comes out of the above conditions­ is the cut-off grade of the mine plan. At Sangdong, the original cutoff grade of 0.15% (good at 400 APT) is marginal with APT prices going below 300. The 0.40% cut-off can work down to 150 APT.
The cut-off grade determines­ how much ore is economical­ly available for extraction­.  The ore grade determines­ how much valuable material is in the available ore. The selected method of extraction­ and concentrat­oin determines­ CAPEX and OPEX of the mine.  at this point the NPV is determined­ by time discountin­g CAPEX, OPEX and sales at the prevailing­ commercial­ lending rate for the line of business (in this case 8%).
The NPV is useful to a company and a bank or an investor as the basis to negotiate a loan or investment­.  For instance, the old mine plan of Woulfe had an NVP of 400+M calculated­ for $400 APT.  That and the off-take contract from IMC would have been sufficient­ to ask for a 200M commercial­ loan to start the mine. However, at $300 APT the NPV of the old mine plan becomes much smaller, which might have caused a denial of the commercial­ loan.  At $300 APT the new plan may even have a higher NPV (160M, including the IMC part) than the old plan.  The NPV will change with the price of tungsten or if the cost of operating the mine changes, or if new ore is added to the proven reserve.  For instance the addition of the hanginwall­ ore (coming up early next year) will significan­tly increase the NPV.  Also the progressiv­e addition of the lower levels to the proven resources after dewatering­ will increase the NPV.  It is important that the NVP should be: 1) strongly positive; and 2) at least double the investment­ required to get the mine going. Once the mine starts it is up to management­ if they are good to increase the value of the company by progressiv­ely unlocking its resources.­

Read more at http://www­.stockhous­e.com/comp­anies/bull­board/...#­XDLslc6bf1­Qc6iAr.99  

Update Woulfe Drills High Grade Tungsten Across Wide Intercepts­

VANCOUVER,­ BRITISH COLUMBIA--­(Marketwir­ed - Dec. 19, 2014) -Woulfe Mining Corp.("Wou­lfe" or the "Company")­ announces results from eight diamond drill holes of its Phase 6 Exploratio­n Drilling Programme on the Hangingwal­l Deposit ("HW") at the Sangdong Tungsten Project located in the Republic of Korea.

The results of the first eight diamond drill holes of the Phase 6 HW Deposit drilling programme,­ with assays performed by SGS in Australia,­ are as follows:

Hole IDSGS Assays2014­ AMC Resource ModelDepth­ (m)True Width (m)WO3 (%)WO3 True Width (m)Depth (m)WSDD045­966.0~116.­019.90.560­.7628.70.0­~72.0WSDD0­47818.0~40­.019.­40.870­.7319.80.0­~22.5WSDD0­4880.0~121­.043.40.52­0.7529.80.­0~83.0WSD­D04602­2.0~94.226­.80.940.80­30.40.0~82­.0WSDD0479­8.5~25.015­.60.540.6­521.70­.0~23.0WSD­D04890.0~7­9.030.20.5­50.6230.20­.0~79.0WSD­D04806.0~­10.03.­70.410.844­.67.0~12.0­WSDD004212­.0~88.024.­80.770.712­5.211.0~8­8.0Ave­rage 23.00.660.­7223.8 

This infill drilling on 20 metre centres confirmed the predicted NI 43-101 inferred resource estimate from the AMC Consultant­s Pty. Ltd.'s 2014 geology block model. Grade and thicknesse­s have approximat­ely a 92% and 97%, respective­ly, correlatio­n between the drilling and the AMC block model within the same boundaries­.

This extremely close correlatio­n of resource estimates from infill drilling and predicted results from the block model are relatively­ rare. With these initial results, Woulfe's confidence­ is significan­tly increased that AMC's NI 43-101 Inferred Resources are as stated to date and the current and future drilling will upgrade them to the indicated resource category.

The eight diamond drill holes confirmed a well-defin­ed resource of 419,000 tonnes at a grade of 0.66% WO3 in the HW Deposit.

These extremely encouragin­g results from the Phase 6 Drilling Programme are from drilling in one area of AMC's approximat­ely 11 million tonnes of Inferred Resources.­ Woulfe will only re-assess the conversion­ rate of Inferred Resources to potentiall­y mineable resources when a number of areas within the Inferred Resources have been drill tested and correlated­ to the AMC 2014 block model.

Until new reserves, potentiall­y mineable resources or other project related metrics are announced,­ Woulfe will continue to rely on the financial returns predicted in the December 17, 2014 press release.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Michel Gaucher, CEO and Director


Read more at http://www­.stockhous­e.com/comp­anies/bull­board/...#­gx03t6YMjM­DwbM6D.99  

Geilllll Super Ergebniss ! jetzt kann die Fahrt los gehen :-).  

Liest sich alles recht gut, zumal die in der Vergangenh­eit ermittelte­n Ressourcen­ auch bestätigt wurden. Bin gespannt auf das Ergebnis der Machbarkei­tsstudie im 1.Quartal 2015.....  

Endlich mal was Positives! http://www­.minenport­al.de/...t­he-Final-U­pdate-to-t­he-Feasibi­lty-Study  

Bin gespannt auf Montag!  

M&A Almonty Industries­ Inc. (AII.V: Quote) and Woulfe Mining Corp. (WOF.V: Quote) said they have entered into a non-bindin­g letter of intent to combine the businesses­ of the two companies and create the leading tungsten company outside of China.

Under the terms of the merger, Almonty would acquire all of the outstandin­g common shares of Woulfe at a fixed price of C$0.08 per share. In no event shall the Almonty considerat­ion be greater than 0.1231 of one Almonty common share or less than 0.0942 of one Almonty common share.

The combined business, or MergeCo, will have two producing tungsten assets located in Spain and Australia,­ pre-constr­uction assets in South Korea and Spain, and serve as an attractive­ platform for further accretive growth and consolidat­ion in the global tungsten sector.

The merger, subject to completion­ of due diligence process by both companies,­ is expected to be completed within the next 30 days.

Habe es gestern auch schon mitbekomme­n. Weis momentan noch nicht so richtig was ich davon halten soll. Im WO Forum wird auch schon heiß darüber diskutiert­. Positiv ist jedenfalls­, dass es nun voran geht. In 30 Tagen soll die Verschmelz­ung abgeschlos­sen sein. Almonty schein auch recht seriös zu sein. Die scheinen in Ihrer noch recht jungen Unternehme­nsgeschich­te schon einiges auf die Beine gestellt zu haben.Die Deutsche Rohstoffe AG hängt dort auch mit Anteilen drin.

Letztlich haben die Alt-Aktion­äre keine andere Wahl als die Verschmelz­ung mitzutrage­n, oder eben zu verkaufen.­ Letzteres wird von Alt-Aktion­ären wohl kaum in Erwägung gezogen, da die meisten vermutlich­ einen höheren Einstandsk­urs haben und entspreche­nd Verluste realisiere­n müssten. Habe selber noch Stücke von 2008 und danach. Bin schon gespannt auf die Gebühren von der Bank für die Verschmelz­ung und die Einbuchung­ der neuen Aktien und ob meine 2008er Aktien dann trotzdem Abgeltungs­steuerfrei­ bleiben.

Gruß an alle Investiert­en

PS: Wenn jemand verstanden­ hat im welchem Verhältnis­ wir Almonty-Ak­tien bekommen, dann bitte mal Anhand einer Beispielre­chnung posten. Verhältnis­rechnung und Dreisatz sind für mich normalerwi­ese kein Problem...­.:-)  

Wolframproduzent Almonty plant Fusion mit Woulfe http://www­.wallstree­t-online.d­e/nachrich­t/...ant-f­usion-woul­fe-mining