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Though there was an entry in Branch Line News recently saying that some of the mileages along the West Midlands Metro shown in the most recent Trackmaps have been recalculated, though sadly the summary wasn't the most obvious! (Hence my conflicting sources comment.)
The revised line diagram provided in the same issue - unfortunately in metric! - gives The Royal to the new junction as 490m, and the new junction to Wolves Station as 590m; a total of 1,080m, which is 53.7 chains approx.
There is about a tram length of track beyond the platform at Wolverhampton station. With a 33m tram (1.64 chains) this could explain the difference.
There are (very) tentative plans to extend beyond Wolverhampton station so I don't know if they are quoting the platform mid-point or the end of the line.
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