Wolf Minerals Formally Opens the Drakelands Tungsten Mine in England

Wolf Minerals Limited (ASX:WLF) has formally opened the Drakelands mine located at the Company’s Hemerdon tungsten and tin project in Devon, England. The opening comes after 18 months since construction began on March 2014. Over 200 local and international guests and dignitaries attended, as well as representatives from the UK Government.
As quoted in the press release:

The official opening ceremony, held on site at Drakelands, was attended by over 200 local and international guests and dignitaries, including representatives from the local community, UK Government, regulators, customers and shareholders, all of whom have played key roles in the successful delivery of the Project.
The official opening ceremony comes only 18 months since construction of Drakelands began on
site in March 2014. At its peak, more than 600 people were involved and construction of the
project was completed on schedule in June 2015.

Wolf Minerals Managing Director, Russell Clark, said:

“Since 2007, the Company has been working to make the Hemerdon tungsten and tin project a reality. Development of the Drakelands mine has only been possible with the hard work and enthusiasm of the Project and management teams, the support of local communities and assistance from many agencies and
the local authorities.
The successful financing, development and construction of this world-scale project marks the
realisation of the Company’s goal of building and operating the first new metal mine in Great
Britain for 45 years and becoming a significant producer of tungsten. Wolf has invested more
than £140 million into the project and has created more than 200 permanent jobs, with many
more involved during construction. The mine is expected to make a substantial contribution to the
Plymouth, Devon and UK economies over the next decade.
Everyone involved is incredibly proud of this achievement and I hope that the successful delivery
of this Project proves to be a catalyst for a wider renaissance of metal mining in the UK.”

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