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Heron Resources Ltd.
Summary
| Project: | Woodlawn | |
|---|---|---|
| Deposit: | G2 | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 9/21/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 21-9-2018: Heron Resources Ltd. announces an Exploration/Drilling Update report for its G2 deposit at the Woodlawn project. Drilling results incl. 2.0m @ 28.8% Zn, 1.0% Cu, 16.8% Pb, 14.2g/t Au, 1035g/t Ag from 102.1m. Heron Resources Limited (ASX:HRR “He | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Von Perger (Internal) | |
| ABSTRACT: | Heron Resources Limited (ASX:HRR “Heron” or the “Company”) is pleased to report that it has received the final assays for the extensional and infill drilling program of the shallow G2 Lens at its wholly-owned Woodlawn Zinc-Copper Project, located 250km south-west of Sydney, New South Wales, Australia. These intercepts confirm the high-grade base-metal mineralisation within the lens and have better defined the limits of the area. The G2 Lens will provide early-stage production for the operation. Commenting on the intercepts, Heron Resources Managing Director and CEO, Mr Wayne Taylor said: “The completion of the G2 Lens drilling program is an important step for the early production schedule of the mine in 2019. While structurally complex, the often high-grade nature of the lens should provide a good source of early underground ore to the processing plant; furthermore this mineralisation is in addition to the published reserves for the project. Also given the good metallurgical performance from the G2 mineralisation it will be ideal material for commissioning the first underground ore through the plant. Our geologists and engineers are currently completing detailed modelling to optimise the planned production from this area.” The G2 Lens is located adjacent to the planned route of the decline at 120m to 150m below the surface, and represents the first underground production source that will be processed through the plant. As part of this 2018 program, a total of 14 DDH for 2,411m (WNDD0138 to WNDD0151) have been drilled to better define the limits and delineate the G2 Lens. The drilling has provided better assurance as to the boundaries and structure of the G2 mineralisation which is showing to be structurally complex. The results from intercepts in both the G2 Main and G2 Hanging Wall Lenses are provided in summary form in Figures 1 and 2. The G2 Hanging Wall surface continues to be characterised by high grade gold and silver levels within the massive and stringer sulphide zones with results up to 14.2 g/t Au and 1,035g/t Ag over 2.0m in hole WNDD0150. These are some of the highest precious metal intercepts recorded at Woodlawn. The program has extended the G2 lens further towards the rhyolite contact in the south. Significant new higher-grade intercepts include: | |
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