$ Junior Mining and Exploration $

[FlatEarthSoc]

Woulfe Mining Announces First Blast of Production Portal at Sangdong Project

http://finance.yahoo.com/news/woulfe-mining-announces-first-blast-123000184.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct 9, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(WFEMF)(OZ4.F) is pleased to announce that the first blast took place as scheduled on October 8th, 2012 at the Sangdong tungsten/ molybdenum project in South Korea. 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.

Having all mining permits in place, Woulfe is able to focus on mining the high grade eastern section of the main and footwall mineralization, over the next 12 months. Run of mine ore will be stockpiled on surface pending the completion of the crushing plant mid next year. The ore will then be crushed to passing 10mm, and then stockpiled until the mill and flotation plant are completed in the latter part of 2013.

Woulfe currently has 68 staff on site, mining and preparing the site for construction. Trial mining and exploration has yielded over ten thousand (10,000) tonnes currently stockpiled on surface.

Brian Wesson, CEO & President commented: "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."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director