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Wolf Minerals Limited (ASX:WLF,AIM:WLFE) provided a quarterly update, for the three month period ended March 31, 2013, on its progress on the Hemerdon tungsten and tin project in Devon, UK. The Company is also in the final stages of closing the detailed finance documents for the senior loan facilities previously announced and also, as part of this process, is completing the details of the binding offtake contract, which is expected to be completed in the current quarter.
As quoted in the press release:
Highlights from the March quarter include:
- Conditional £75 million EPC Contract for Hemerdon Project awarded
- Land acquisition process commenced and is ongoing
- Hemerdon Mining Service Contractors shortlisted
- Archaeological work at Hemerdon Project site continues
- Senior management personnel appointed
Click here to read the Wolf Minerals Limited (ASX:WLF,AIM:WLFE) press release
Click here to see the Wolf Minerals Limited (ASX:WLF,AIM:WLFE) profile.