Wolf Minerals Announces Quarterly Report for the 3 Months Ended 31 Dec 2015

Wolf Minerals Limited (ASX:WLF,AIM:WLFE) announced their Quarterly Report for the 3 Months Ended 31 Dec 2015.
As quoted in the press release:

Highlights for the Quarter include:

• Ramp-up of the processing plant at Drakelands underway following handover from GR Engineering Services (“GRES”) late in September 2015 quarter.
•  Commenced site works for a replacement public road to facilitate future development.
• Submission made to Devon County Council to extend the term of the Drakelands planning permission to 2036.
• Total cash expenditure of A$18.2 million for the quarter.

Wolf Minerals Managing Director,Russell Clark, stated:

The handover of the processing plant in the latter part of the previous quarter was a major milestone in the development of Drakelands. The focus in the December Quarter was on understanding the plant in an operating environment and building plant run times. “The Company is looking towards the longer term and to this end has made an application to extend the life of the Drakelands planning permission as well as undertaking a number of geological projects to further improve understanding of the orebody.

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