Specialty metals development company, Wolf Minerals Limited (ASX:WLF, AIM:WLFE) (“Wolf”, “the Company”) is pleased to provide the following update on the Hemerdon tungsten and tin project (“the Project”) in Devon, UK, for the three month period to 30 September 2014.
Highlights for the September 2014 Quarter in relation to the Project include:
- Commenced drawdown of £75 million in senior debt facilities finance facilities.
- Construction remains on track and on budget.
- Development expenditure for of A$61.7 million for the quarter.
- Geotechnical diamond drill program advanced.
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