Woulfe Mining Appoints Interim Chief Executive Officer

Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX
VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) announces today has appointed Hubert
Marleau, a director of the Company, as its interim Chief Executive Officer. 


Mr. Marleau is a Director of Palos Capital Corporation. With over 40 years of
experience in the business and financial community, Mr. Marleau has raised funds
privately and publicly for hundreds of emerging and mature companies, structured
many mergers and acquisitions, as well as designed and created numerous
financial deals in Canada. Mr. Marleau has worked at the executive level of
several large investment banks notably, Nesbitt Thomson Inc., and Levesque
Beaubien Inc. in addition to his own firm, Marleau, Lemire Inc. Throughout his
career, Mr. Marleau has been a board member for a multitude of publicly traded
companies, governor of the Vancouver and Montreal stock exchanges, a member of
the listings committee of the Toronto Stock Exchange, and director of the
Investment Dealer Association of Canada.


Hubert Marleau commented "I am honoured to be asked to provide my services in
the role of interim President & CEO at what is a critical stage in the Company's
evolution. We have a business with great, yet to be realized, potential and
there is much work to be done. I am confident, however, that with the collective
assistance of all of our stakeholders we will prevail in our objective in
developing and operating a world class tungsten mine with appropriate rewards
for our shareholders and employees."


On Behalf of the Board of Directors

Woulfe Mining Corp. 

David Constable, Chairman and Director 

About Woulfe Mining Corp "Unearthing Global Assets"

Woulfe Mining Corp is focused on 'Unearthing Global Assets' through the
recognition and development of undervalued natural resource projects. Woulfe
differentiates itself by boasting significant technical expertise in the design,
development and operation of mining projects.


Our flag ship project is the Sangdong tungsten mine in South Korea, historically
the world's largest tungsten mine for over 40 years. Woulfe has entered into
strategic agreements with International Metalworking Companies B.V. ('IMC'),
part of the Berkshire Hathaway group of companies. This partnership brings
strategic advantage given Woulfe's mining and processing technical abilities and
IMC's downstream manufacturing skills, high level of innovation and quality of
products sold into the global tungsten market. Woulfe Mining Corp. is a Canadian
TSX-V listed company. Further information can be found on Woulfe's website
www.woulfemining.com or on [e-mail]. 


Forward-looking statements and forward-looking information by their nature are
based on assumptions and involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or
information. We have made certain assumptions about the forward-looking
statements and information and even though our management believes that the
assumptions made and the expectations represented by such statements or
information are reasonable, there can be no assurance that the forward-looking
statement or information will prove to be accurate. Furthermore, should one or
more of the risks, uncertainties or other factors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements or information. These risks,
uncertainties and other factors include, among others, the following: commodity
price volatility; discrepancies between actual and estimated production, mineral
reserves and resources and metallurgical recoveries; mining operational and
development risk; litigation risks; regulatory restrictions, including
environmental regulatory restrictions and liability; failure to complete the
strategic arrangement described in this release, including because of the
failure to satisfy the conditions to closing of the transaction, risks of
sovereign investment; currency fluctuations; speculative nature of mineral
exploration; global economic climate; dilution; share price volatility;
competition; loss of key employees; additional funding requirements. 


There can be no assurance that forward-looking statements or information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, you should
not place undue reliance on the forward-looking statements or information
contained herein. Except as required by law, we do not expect to update
forward-looking statements and information continually as conditions change and
you are referred to the full discussion of the Company's business contained in
the Company's reports filed with the appropriate regulatory authorities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Woulfe Mining Corp.
Administration Office
[phone]
[phone] (FAX)
[e-mail]
www.woulfemining.com


Nicola Street Capital
Nick Smith
Mobile phone [phone]
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