Woulfe Mining Corp WFEMF

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Key Projects SANGDONG  Tungsten/Molybdenum Most advanced of Woulfe's projects Provided WO3 to world markets for over 40 years, now reopening Historically one of the world's largest tungsten mines Korean passion for this project Significant increase in APT pricing over the last year due to high demand and unmined supply of WO3 Fast tracked for early production due to high demand for WO3 Examining the unmined hanging wall zone which the Company plans to mine first Resource estimate for Upper Section includes Indicated Resources of 5,968,000 tonnes with an average grade of 0.42% WO3 and 0.04% MoS2;and Inferred Resources of 18,572,000 tonnes with an average grade of 0.45% WO3 and 0.05% MoS2. MUGUK  Gold Korea's largest gold mine until 1990 Formerly owned by Korea Zinc, the newest partner in Woulfe Mining Corp. Initial assays from the No. 7 vein have shown promising results A 3D digital model of the Muguk mine workings has been completed Woulfe is updating the extensive database comprising final survey of underground workings prior to closure, face grades, drill data, ore extraction data and process data Woulfe is preparing an NI 43-101-compliant resource estimate for the main mineralized structures
	Major Shareholders (Over 10%) Colonial First State Common Wealth Bank of Australia Korea Zinc Co. Ltd.
	Woulfe Mining Philosophy Woulfe Mining is a Canadian-based resource company. Woulfe's vision is to develop high quality projects that can be brought into production quickly and at low cost, creating value for its shareholders. To achieve this, we are focusing on properties with known mineralization, and established infrastructure located in mining-friendly nations. Woulfe Mining values the environment, the health and safety of our workers, and the cultural diversity and rights of our neighboring communities, enabling us to build strong relationships with governments and non-government organizations of the countries in which we operate.
	Moving Forward Currently drilling under former mine for the quickest way to become cash positive in production Mine plan is focused on extracting 1.2 million tonnes over 10 years which would recoup all capital expenses as per scoping study within 2 years Final permitting to be completed in July, 2011 Full feasibility study by Wardrop underway Preparing definitive mine design Finalizing funding and construction design
	Woulfe Mining Mitigating Your Risk Financing $11 million in the bank, $5 million options and warrants A2 credit rating scored by Moody's Suggested $40 million in equity into Woulfe subsidiaries by Korea Zinc Residual financing of approx $75 million by Korea Zinc upon completion of feasibility study Technical 40 prior years of tungsten, molybdenum and bismuth production Installation of known technology by local experts Established infrastructure and access to energy source Tungsten, molybdenum, gold, bismuth, uranium, zinc and lead are all growth metals Licensing Mine development license approved June 2010 Small mine footprint and old mine site is country owned Final mine and process development will be submitted to state and country authorities for construction approval Country Federal, Provincial and Community support of the project Strong rule of law Stable government 20% tax, 10 years tax losses, 5 years tax exemptions, no royalties/export tax