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Statut : Mine development |
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Risques / Pays : Tres bas |
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| Wolf Minerals Limited Owner and Leaser: 100% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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Wolf will pay A$1million, plus an annual rental payment of A$145,000, to acquire 100% of the Hemerdon deposit. Separately, a 2% net smelter royalty (NSR) will be payable. The Hemerdon Mineral Trust is also entitled to appoint a director to the Board of Wolf |
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Hemerdon is one of the largest tungsten and tin resources in the western world. Hemerdon is located in the South West of England. Hemerdon Mine is near Plympton in Devon and lies to the north of the villages of Sparkwell and Hemerdon adjacent to large Imerys china clay pits.
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The discovery of tungsten at Hemerdon dates back to 1867, before the First World War causing a large rise in the price of the metal. Preparation of the site began in 1917 and mining operations started in 1919 – 16,000 tons of ore were mined before th Plus...
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The mineralisation is characterised by sheeted greisen veining and stockworks containing wolframite and cassiterite. The vein system is hosted within a dyke like granite body. The mineralisation starts from the surface and is contained within the steeply dipping granite body flanked by metamorphosed sediments.
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