Hunter Hillcoat is a mining analyst with Investec Securities in London. Before Investec, Hillcoat spent 7 years as an analyst with the Austock Group, as a resources analyst. Hillcoat has a BSc Honors in Geology from the University of the Witwatersrand in Johannesburg and an MBA from Curtin University of Technology. Investec recently revised their buy rating price target for Wolf Minerals Limited to 29.4p down from 31.6p.

Tungsten Investing News recently talked with Hillcoat regarding his coverage of Wolf Minerals. Wolf trades on the London exchange under WLFE and on the ASX under WLF.

Tungsten Investing News:  Your target price for Wolf dropped very slightly despite the company’s recent positive

RENO, Nev., Jan. 16, 2013 -- Infrastructure Materials Corp. (the "Company") is pleased to announce a new copper-gold discovery at its Kope Scheelite Project (the "Project") in Nevada. The Company's wholly owned subsidiary, Silver Reserve Corp., has completed a preliminary review of assay and geochemical data from reverse circulation drilling on the Project to further delineate the potential of gold, copper, silver and lead mineralization on the Project.

Drilling has identified copper and gold mineralization hosted both in the intrusive and in adjacent sediments. In addition to those elements reported in this news release, a complex suite of anomalous elements including antimony, bismuth, cobalt, cadmium, gallium, germanium, molybdenum, indium, selenium, tellurium, tin and tungsten were found to form zones in and surrounding the mineralization.

About the Kope Scheelite Project

The Project consists of 101 mineral claims located in Mineral County, Nevada, approximately 11 miles northeast of the town of Mina. Previous exploration efforts include recent Time Domain Electro-Magnetic ("TDEM") surveys that offered evidence of the presence of conductive structures on the Project with potential mineralization present within a porphyry system.

The Kope Scheelite Project is located in the Walker Lane, a structural belt which prolifically hosts many significant deposits, including Nevada Copper Corp.'s recently developed Pumpkin Hollow deposits (total Measured and Indicated copper resource of 3.1 billion kilograms (6.8 billion pounds) for the combined Western and Eastern Deposits (Western Open-Pit Deposits: 664 million tonnes, averaging 0.37% Cu with a 0.15% cutoff; and Eastern Underground Deposits: 45.9 million tonnes averaging 1.45% Cu with a 0.75% cutoff - news release dated October 19, 2012).

Infrastructure Materials Corp. believes the Pumpkin Hollow deposits are an analogue for the copper mineralization at the Company's Kope Scheelite Project. Initial exploration appears to indicate that the Kope Scheelite Project may have some higher grade gold mineralization that in places differentiates it from the mineralization style at Pumpkin Hollow. Pumpkin Hollow and the nearby Yerington mine are located approximately 100km (60 miles) northwest of the Kope Scheelite Project. The historical Yerington mine, operated by Anaconda from 1953 to 1978, produced more than 147 million tonnes (162 million tons) of ore grading 0.6% copper.

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WASHINGTON, Jan 16 - Business groups on Wednesday filed their most expansive case yet attacking a new U.S. securities rule that requires companies to determine if their products contain minerals from the war-torn Democratic Republic of Congo.

The lawsuit is one of several challenging rules from the Securities and Exchange Commission, including those mandated by the 2010 Dodd-Frank financial regulatory overhaul.

The National Association of Manufacturers, the U.S. Chamber of Commerce and Business Roundtable filed notice of their lawsuit last November but did not explain their case until Wednesday.

The groups based much of their case on an argument that has helped them win similar cases -- that the SEC did not adequately weigh the rule's costs and benefits before approving it, as rule-making procedures require.

In a brief filed in Washington federal appeals court, the groups said the SEC never determined whether the rule would provide any benefits to the people in Congo, and also estimated the rule could impose $3 billion to $4 billion of initial compliance costs on American businesses.

The groups echoed commission members who voted against the rule and said: "good intentions are no substitute for rigorous analysis, and the Commission's analysis here was woefully inadequate."

The groups also challenged several specific provisions of the rule, including one under which the SEC declined to grant exceptions for trace amounts of the minerals, which include gold, tin, tantalum or tungsten. Such minerals are used in everything from cans to cell phones and computers to medical equipment.

In approving the rule in August, the commission said it concluded it lacked the authority to adopt such an exception.

The groups said the rule also violated the First Amendment by requiring companies to disclose that certain of their products are "not DRC conflict free." Such a rule would compel companies to make "misleading and stigmatizing public statements linking their products to terrible human rights abuses," the groups said.

The SEC has until March 1 to file a response, according to the court docket.

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Vancouver, British Columbia CANADA, January 16, 2013 - Deer Horn Metals Inc.is pleased to inform its shareholders of two recent developments. Firstly we have received results from a 10-day prospecting program completed on the Deer Horn property, located in West Central British Columbia approximately 36 kilometers south of the Huckleberry Mine. Secondly we have hired Moose Mountain Technical Services (MMTS) to produce a Preliminary Economic Assessment (PEA) of the Deer Horn property.

The helicopter-supported program took place from September 9 - 19, 2012.  It evaluated several gossanous areas and ground-truthed a number of geophysical anomalies that were identified during a detailed assessment of 2011 airborne magnetic and radiometric survey data.  Prospecting also evaluated the potential western extension of the Main Vein and Contact Zone gold-silver-tellurium vein system and areas in the vicinity of historic Harrison tungsten mineral occurrence. 

Harrison Scheelite Zone

Sampling of newly recognized tungsten mineralization from the historic Harrison Scheelite occurrence, centered approximately 680 m southwest of Lindquist Peak, produced encouraging results.  Composite chip samples were collected from bedrock exposures that included bands of disseminated scheelite crystals within calc-silicate altered tuffaceous limy siltstones.  Samples grade up to 4750 ppm W (0.60% WO3).  The style of mineralization is similar to that observed in the footwall of the Contact Zone. Several 2011 drillholes, collared more than 650 m to the east of the 2012 surface showings, intersected scheelite-bearing, calc-silcate altered limy volcanic sediments, including DH11-119 that encountered 3.00 m averaging 0.23% WO3.  The new showings also occur upslope and at least 170 m northwest of the areas trenched in 2011 where sample results included 6 m averaging 1.08% WO3. 

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