Wolf Minerals Limited Wet Commissioning Underway at Hemerdon Project (1450R)
June 25 2015 - 2:00AM
UK Regulatory
TIDMWLFE
RNS Number : 1450R
Wolf Minerals Limited
25 June 2015
25 June 2015
Wolf Minerals Limited
Wet Commissioning Process Underway at Hemerdon Tungsten and Tin
Project
Specialty metals development company, Wolf Minerals Limited
(ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to
announce that it has commenced ore processing as part of the wet
commissioning of the processing plant at its Hemerdon tungsten and
tin project in Devon, UK.
Key points
-- First ore has been fed into the processing plant, a
significant step in the wet commissioning programme.
-- GR Engineering will continue commissioning with Wolf, with
plant handover scheduled for August 2015.
-- Wolf remains on schedule to deliver initial concentrates to customers in Q3, 2015.
The introduction of the first ore into the plant was on schedule
following the completion of construction of the processing plant
and associated infrastructure.
This represents a major milestone in the development timeline of
the Hemerdon project, and ensures that the Company's goal of
delivering the first new metal mine in Great Britain for 45 years
will shortly become a reality.
Wolf Managing Director, Russell Clark, commented:
"After an incredibly busy 15 months, we have put the first ore
into the plant at the Hemerdon project on schedule. From this point
GR Engineering will continue commissioning and is scheduled to hand
the plant across to Wolf in August. We remain on target to deliver
initial concentrates to our offtake partners in the third quarter
this year. Importantly this achievement has been attained in
conjunction with an excellent safety and environmental record. I
congratulate the Wolf team, GR Engineering and their
sub-contractors, our mining contractor, CA Blackwell, and the
various consultants and regulatory bodies which have worked
together to successfully deliver the project to this point both
safely and on time."
The initial treatment of ore is part of the wet commissioning of
the processing plant, a detailed and structured process of
equipment acceptance and testing and is under the control of the
project's EPC contractor, GR Engineering Services (GRES).
GRES is on schedule to complete its contracted work in August,
2015 at which point it will transfer the plant to Wolf to commence
production and ramp-up of the plant. The design throughput of the
plant is expected to be achieved in early 2016. Wolf is on target
to deliver the first tungsten concentrate to its customers in
September 2015.
Construction of the processing plant commenced in March 2014,
and during the past 15 months major works have been undertaken to
advance the project to this point including:
-- Completion of the processing plant including the buildings,
associated power and water storage as well as the installation and
testing of all major pieces of processing equipment;
-- Completion of grade control drilling to delineate ore and
waste for the first 18 months of mining;
-- Completion of the ore pad. This facilitates the stockpiling
of ore ahead of it being loaded into the crusher;
-- Stockpiling of 100,000 tonnes of ore which is available for plant commissioning;
-- Completion of the first stage of the Mine Waste Facility,
which will be used as ore processing is undertaken;
-- Completion of the Administration building on site and closure
of the temporary project office in Plymouth;
-- Completion of concrete water storage dams and the Loughter Mill pump station;
-- Realignment of and connection to grid power;
-- Completion of the SGS laboratory facility at the site; and the
-- Recruitment of the operating and professional teams for the site.
ENDS
Wolf Minerals Limited
Russell Clark +61 8 6364 3776
Numis Securities
John Prior/James Black/Paul Gillam +44(0)20 7260 1000
Newgate
Tim Thompson / Adam Lloyd / Ed Treadwell
/ Helena Bogle +44 (0) 20 7653 9840
About Wolf Minerals
Wolf Minerals is a dual listed ("ASX: WLF", "AIM: WLFE")
specialty metals company. With global demand for tungsten rising
and future global production expected to be constrained, Wolf
Minerals is nearing the completion of the development of a large
tungsten resource at its Hemerdon project, located in southwest
England. The Company has strong cornerstone investors and project
finance and environmental permitting in also place. Wolf has also
secured all major contracts for the project, with GR Engineering
appointed as the EPC contractor and CA Blackwell being awarded the
mining contract.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLSESFILFISEIM
Wolf Minerals (LSE:WLFE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wolf Minerals (LSE:WLFE)
Historical Stock Chart
From Apr 2023 to Apr 2024