Australian exploration and mining company Greywolf Resources, claiming to have access to billions of dollars for large-scale South Island projects, remains under the scrutiny of the Serious Fraud Office (SFO).
In early June, the SFO launched an investigation into Greywolf over allegations some of its 10 mining-permit applications may have been fraudulent.
When contacted this week, an SFO spokeswoman said there was no update on Greywolf since the investigation began on June 3.
Greywolf's exploration applications for the Golden Bay and Abel Tasman areas caused a storm of controversy in the area, prompting it to withdraw its applications - but its applications were rejected by government permit agency New Zealand Petroleum and Minerals anyway.
The SFO said in June its investigation would focus on determining the authenticity of "certain statements" made in Greywolf's applications and, if there was false information, to determine who was responsible for making those statements.
Greywolf is a Sydney company privately owned by the Lancaster family, whose chief executive, Edward Lancaster, said last year he intended to dual-list on the New Zealand Stock Exchange in 2011 and raise more than $200 million.
