Cold lump - small present to wolves (8)

'cold lump' is the definition.
I don't know anything about this answer so I cannot judge whether this works.

'small present to wolves' is the wordplay.
I cannot quite see how this works, but
'small' could be 's' (abbreviation - e.g. clothes size) and 's' is located in the answer.
'present' could be 'now' (both can mean the current period) and 'now' is found in the answer.
The remaining letters 'pack' is a valid word which might be clued in a way I don't see.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?