Wolf Minerals Limited is an ASX-listed specialty metal exploration and development Company, with a focus on tungsten and tin. The Company’s main project is the world class Hemerdon Ball tungsten and tin project in Devon, in the UK.
The Company’s strategic objective is to become a world class tungsten producer, through the development of the Hemerdon project.
Wolf has entered into an agreement with the Hemerdon Mineral Trust and the Olver Trust to acquire the 40 year lease to the project. It is one of the largest tungsten and tin resources in the world, and has planning permission for mining until 2021. The Company plans to develop the Hemerdon project into a low cost, large scale open pit mining operation.
Wolf’s strategy of aggressive exploration and development has positioned the Company to take advantage of strong demand within the global metals market which is increasing by 5 per cent a year, with specialty metals such as tin and tungsten mirroring these rises.
The Company has an astute and experienced executive team, and is well poised for future expansion by developing and building on the commercial resources of its existing projects, and is also set for continued success in its mineral exploration activity.
Breakaway Research - November 12
