Wolves are reported to be responsible for the deaths of more than 30 horses in just four days near Verkhoyansk, in Russia.
Reports suggest the wolves are attacking livestock at will around the remote town, with a population of 1300.
Hunters have been offered a bounty of £210 for every wolf skin brought to officials.
Authorities are considering using helicopters in the hunt, and intend using hunters to patrol the area on snowmobiles to reduce the toll.
Wolf traps will be set.
Officials believe a shortage of their usual prey, rabbits, due to the harsh winter have forced wolves to target larger livestock animals.