The experimental dependences of strength, plastic properties, hardness, and fracture toughness on sintering or pressing temperature for ultrafine alloy WC-41 wt.% Co are presented. The alloy densifies in solid phase and temperature varies from 950 to 1250°C. The dependences of mechanical properties are extreme, excepting fracture toughness. The properties reach their maximum values at 1050 to 1150°C depending on the type of testing. Fracture toughness continuously increases with densification temperature. The highest values of some properties are reached after additional solid-phase annealing. The mechanical properties of ultrafine high-cobalt alloy samples are assessed with the use of structural parameters and empirical equations established for standard hard WC-Co alloys sintered in liquid phase. The calculated and experimental values of properties differ: transverse rupture strength, fracture toughness, and yield strength show higher values, while hardness and compressive strength have lower values as compared with calculated ones.