Nope, it's just a very bearded version of Hugh Jackman.
Source: The Beat
Fox Pictures is currently shooting The Wolverine down in Australia and set pictures have been leaking all around the Internet. While we've been trying to avoid posting the spoilery ones, we discovered one this morning we just had to share.
The pic below features Hugh Jackman doing his best homage to Alan Moore, the bearded sorceror/writer responsible for works such as Watchmen, V for Vendetta, and League of Extraordinary Gentlemen. While Jackman's beard still has a way to go before it matches Moore's lusterous mane, we're still quite impressed that Jackman was able to grow out such a fine beard in two weeks.
No word as to why Wolverine will be so hairy, but it probably has something to do with Japan or samurai or something like that.
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