Tungsten Company News Directory

Wolf Minerals Provides Construction Update for Hemerdon Project

Wolf Minerals Limited (ASX:WLF,AIM:WLFE) has provided an update on the ongoing mine construction at its Hemerdon Tungesten project in Devon, UK. Construction of the mine is well underway and is slated to finish on schedule. The project should be turned over to Wolf from builder GR Engineering Services Limited (ASX:GNG) by Q3 of 2015.

Blackheath Resources Announces $1 Million Private Placement

Blackheath Resources Inc. (TSXV: BHR) is pleased to announce that it plans to conduct a non-brokered private placement of up to 4,000,000 units (the "Units") at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Private Placement"). Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of $0.35 per share for a period of 24 months from closing of the Private Placement.

Blackheath Resources Earns 70 Percent Interest in Covas Tungsten Project, Commences Exploration

Blackheath Resources Inc. (TSXV:BHR,FWB:04B) has earned a 70 percent interest in the Covas tungsten project in northern Portugal, following expenditures of EUR1 million. Blackheath has now commenced its next phase of exploration at Covas. Furthermore, Blackheath has signed an amended mining option agreement with Avrupa Minerals Ltd. (TSXV:AVU) for the Covas project under which Blackheath has the potential to earn additional interest in the project by providing further funding.