Company Profile

Wolf Minerals Limited (Wolf) specialises in tungsten and specialty metal exploration and development.

Wolf has entered into an agreement with the Hemerdon Mineral Trust and the Olver Trust to aquire the 40 year lease to the world class Hemerdon Tungsten and Tin Mine in Devon, England.

Wolf has confirmed an inferred indicated and measured resource of 218Mt @ 0.18% tungsten trioxide (WO3) and 0.02% tin (Sn). This equates to a 84% increase in metal and a 3.5% increase in grade as compared to the previous November 2008 estimate based on historical drilling by AMAX Ltd.

The Company has three projects in New South Wales targeting tungsten and tin mineralisation and is seeking to further explore each of these projects with a view to expanding identified mineralisation into production.

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.

At the direction of an astute and experienced executive team, Wolf is set for continued success in its mineral exploration activity and well poised to achieve its strategic goal of future expansion by building on the commercial resources of its existing projects.