New kid on the block, tungsten on the rise and all this in devon....what devon ?.....yes : devon...by jove....!.

Publication of Updated Corporate Presentation

Moving up fast this morning

Seems there is money to be made even in these markets for Tungsten

Broker Notes

Northland Capital rates W Resources (WRES) as a "buy" after the tungsten miner exceeded 470,000 (371,000 pounds) in monthly revenues for the first time in October and September production significantly exceeded the broker's forecasts. The firm is planning to increase efficiency via investment in electrostatic separators and is currently assessing options for producing tin concentrate from the start of 2015. The shares rose by 0.95p to 0.62p.

http://www.dailymail.co.uk/money/investing/article-2798458/midas-share-tips-update-wolf-leaps-backers-dig-deep-start-tungsten-project.html

Quarterly Activities Report
For the three months ending 30 September 2014

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:

ü Commenced drawdown of £75 million in senior debt facilities finance facilities.

ü Construction remains on track and on budget.

ü Development expenditure for of A$61.7 million for the quarter.

ü Geotechnical diamond drill program advanced.

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

http://www.infomine.com/investment/metal-prices/ferro-tungsten/6-month/

http://www.infomine.com/investment/metal-prices/ferro-tungsten/1-month/

Bid price inched up to 15p on the last trade

Posted by Katie Priceless on another bb
5 Nov'14 - 22:57 - 1118 of 1118 0 0 edit

LSE marked it as a sell., they go by the spread so could be a buy,but not likely

05-Nov-14 thats funny on streaming trades its 14 bid 16 offer, like it was a crossover
16:40:48
15.00
100,000
Sell*

Also a 250,000 trade marked as a unknown at 16:34

If they are sells , its what holding the price back ?

Investor Conference Call





As previously announced Wolf Minerals will be holding a conference call to update analysts and investors today at 09:00 GMT.

To participate in this conference call and access full features, such as the presentation slides, please log on to www.meetingzone.com/presenter?partCEC=3513676 and use the participants' PIN to log in: 3513676.

To dial in via telephone please dial 0808 109 0700 (UK toll free); 1 800 681 584 (Australia toll free) or +44 (0) 20 3003 2666 (if you are dialling from outside the UK). Telephone operators will ask participants to provide a password, which is Wolf Minerals.

If you are unable to listen to the live call, it will be archived for up to 7 days on Wolf Minerals' website. To access the replay function dial +44 (0) 208 196 1998 followed by the Pin: 3513676#

Wolf Minerals' Managing Director, Russell Clark, will be hosting the call followed by a discussion of previously submitted questions.

In Share Mag awhile back.

"TUNGSTEN
The tungsten price is presently in a falling trend and that's certainly left some of the UK quotes stocks in the doldrums, particularly Wolf Minerals (WLFE:AIM). It has a tungsten project in Devon but investors will have to wait until mid 2015 before the mine is built. Wolf's house broker Numis believes the tungsten price will start to show proper improvement in 2016, averaging $438 per tonne. It is presently trading at $345 per tonne."

Mines and Money 1-5 December 2014


Specialty metals exploration and development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf, the Company) will be presenting at the 2014 Mines and Money Conference in London on Monday 1 December 2014 at 15.50pm (UK time).

The conference is being held at Business Design Centre, 52 Upper Street, Islington, N1 0HQ, London.

The Company will be located at booth J13 on the conference floor and the management team will be available for the duration of the conference from 1-5 December.

If you would like to arrange a meeting with the Wolf management team at the Mines and Money Conference, please contact Ed Treadwell at e.treadwell@newgatethreadneedle.com or +0207 653 9840.

I love the rookie website with the Joomla favicon...!!

.

Shortie - its Aussie! :-))

http://www.hub-4.com/news/s2/8136/horizon-conveyor-equipment-digs-deep-for-new-tungsten-mine-contract

Result of AGM

“For us, as a junior company taking over a brownfield site that had been extensively explored by AMAX in the 1980s, it meant we drilled six holes instead of 160 holes,” said Russell Clark, managing director of Wolf Minerals (ASX:WLF).

Wolf Minerals operates the Hemerdon project in Southwest England on a site that has a history of tungsten mining dating back to 1897. It was mined during both world wars and was eventually discontinued due to the collapse in the tungsten market. Now it’s on pace to achieve production in the third quarter of 2015.

The cost-effective approach also helped Margaux Resources (TSXV:MRL) when it was examining its Jersey-Emerald project in British Columbia.

“We looked at historic production and if it played into what could be there,” said Tyler Rice, president of Margaux Resources. “The biggest benefit of a past-producing project is the amount of infrastructure there.”

Rice echoed Clark’s viewpoint on affordability and added that his company was able to move faster when starting up its project.

Keeping investors knowledgeable

Clark said his company used historical data not for marketing purposes, but to better understand the property and establish whether it was a good use of time to work on it. He said he warns investors that much of the tungsten on the property will stay in the ground due to technological difficulties in accessing the ore.

“It’s easy for me to say we’ve got the third-biggest resource on the planet, and it sounds very good from a marketing perspective, but it’s important people understand that most of [the tungsten] will stay there,” he said.

Furthermore, in both cases, the companies were able to speak to people who had worked on the property to help gain a better understanding. Rice said Margaux was able to bring Edward Lawrence, who had been involved with the property for more than 20 years, on the board because of his wealth of experience and knowledge.

Completion of Drilling at Hemerdon

Wolf Minerals Completes Geotechnical Drilling at Hemerdon Tungsten-Tin Project

· Initial results suggest potential for steeper pit walls, increased reserves and longer mine life.

· Potential to increase ore reserves by 15 - 23% within existing planning permission.

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce that it has completed a six hole diamond drilling campaign at the Company's world class Hemerdon tungsten and tin project ("the Project") in Devon, in southwest England.

The drilling programme completed a total of 1,140 metres around the perimeter of the Hemerdon open pit, and was designed to provide additional geotechnical information to optimize the slope angles for the open pit.

The drilling results indicate that an additional 4 to 6 million tonnes of ore may be available to be mined from the project and that there is the potential to increase ore reserves by 15 to 23%, as a result of steepening the open pit walls and broadening the open pit perimeter within the existing planning permission.

Subject to a change in the planning permission's open pit boundary, to allow access to the Southern Extension, there may also be the potential to increase the ore reserves further.

The majority of previous drilling undertaken at the site concentrated on the ore body, rather than the surrounding waste rock. As a result, pit slope angles were conservatively designed at between 35° and 44°, with flatter slopes near the surface reflecting weathered rock conditions.

SLR Consultants supervised the drilling programme and assessed the geotechnical qualities of the rock in the perimeter of the open pit. Preliminary interpretation of the drilling results is positive and points to increased pit slope angles and ore reserves.

Following the completion of the drilling and geotechnical analysis, pit optimisation and design will now be undertaken using the revised slope parameters, which will lead on to the ore reserves being revised. This work is expected to be completed in January 2015.

Commenting on the drilling programme and analysis, Wolf Managing Director, Russell Clark, said:

"This programme was made possible through the funding received from the equity raise earlier this year and has been designed to add value through increasing reserves, mine life and therefore revenue. Initial analysis suggests this could be the case, and we will now undertake detailed design work and reserve re-estimation. We expect this work to be completed in January 2015. In the meantime we continue to focus on the construction of the processing plant and remain on budget and on schedule to be producing in the third quarter of 2015. We are also examining the potential for mining the "Southern Extension" of the ore body, which currently lies outside the planning permission boundary, and see great potential to extend the mine life even further as a result."
ENDS