Ann: Highly Encouraging Geochemical Results Recei, page-2

re: Ann: Highly Encouraging Geochemical Resul...
The Company is extremely pleased to announce that additional
geochemical analysis on samples taken from seismic shot holes
has identified additional abundant light crude oil seeps and
gaseous hydrocarbon anomalies.


Highlights:

Wolf’s recent geochemical results have reaffirmed the Company’s
previous results that had identified the existence of an active
petroleum system within the Toson Tolgoi and Talbulag Basins
located on the Companys 100% owned Sukhbaatar Block.

High gravity oil seeps have now been identified in 90 out of 522
samples analysed.

Medium gravity oil seeps have been identified in 32 out of 522
samples analysed.

Propane (C3) gaseous hydrocarbon anomalies have been identified
in 63 out of 522 samples analysed.