Wolf Minerals (ASX:WLF, LON:WLFE) has finalised and awarded the...

Wolf Minerals (ASX:WLF, LON:WLFE) has finalised and awarded the assay laboratory contract for its Drakelands open pit mine to SGS.

Drakelands is part of the Hemerdon tungsten and tin project located in Devon, southwest England

Under the terms, SGS will provide all of the necessary assays for five years. This will include the assay of grade control samples, process plant samples and final product samples.

Assaying costs are in line with the estimates contained in the DFS, Wolf said.

Russell Clark, managing director, said: "We are very pleased to be partnering with SGS at Drakelands.

"Our custom built laboratory, operated by their very experienced team, will provide efficient and accurate assaying at the site, with 13 jobs created as a result.

"As we continue to build the mine and processing plant at Drakelands, it's very pleasing to be able to lock in this contract at rates similar to those used in the DFS, which will contribute to Wolf being a low cost producer of tungsten."

Shares were unchanged in early deals at 2.3p.