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Wolf Minerals Limited (ASX:WLF,AIM:WLFE) announced their three month quarterly report ending September 30, 2015.
Wolf Minerals Limited (ASX:WLF,AIM:WLFE) announced their three month quarterly report ending September 30, 2015.
As quoted in the press release:
Highlights for the September 2015 quarter include:
- Commissioning of the processing plant at Drakelands
completed.- Wolf now in full operational control of processing plant
following handover from GR Engineering Services
(“GRES”).- First shipments of tungsten concentrate from Drakelands to
customers in Europe and USA.- Successful official opening ceremony conducted with over
200 local and international guests.- Development expenditure of A$11.8 million for the quarter.
- 213 days Lost Time Injury free days achieved.
Wolf Minerals Managing Director, Russell Clark, stated:
The conclusion of commissioning activities in the September quarter, only 18 months after construction commenced, represents another major milestone in the development of Drakelands. With the inaugural shipments also taking place during this period, it was a successful quarter for Wolf.
Drakelands is now under Wolf’s operational control and operating seven days a week on a trial basis. The focus in the next quarter will be ramping up the plant towards full production and optimising plant performance. The Company has now realised its ambition of becoming a tungsten producer and we expect to
provide a reliable, high quality supply of concentrate to our customers for many years into the future.
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