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Heron Resources Ltd.
Summary
| Project: | Woodlawn | |
|---|---|---|
| Deposit: | G2, Lisa | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 6/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 4-6-2018: Heron Resources Ltd. announces an Exploration/Drilling Update report for its G2, Lisa deposit at the Woodlawn project. Drilling results incl. 6.1m @ 22.0% Zn, 1.0% Cu, 7.1% Pb, 3.3g/t Au, 115g/t Ag from 120.3m. Heron Resources Limited (ASX:HRR “ | |
| 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 assays for the recently intersected base-metal mineralisation at its wholly-owned Woodlawn Zinc-Copper Project, located 250km southwest of Sydney, New South Wales, Australia. The intercepts at both the G2 and Lisa Lens positions extend the known limits of the mineralisation in these areas and is expected to provide additional early-stage production for the operation. Commenting on the intercepts, Heron Resources Managing Director and CEO, Mr Wayne Taylor said: “The current program continues to provide valuable information to assist with the earliest stages of the underground mine plan. These high-grade intercepts define the lens boundaries and will help underpin a further update for initial mine production. The high-grade copper intercept at Lisa Lens will also be very likely to extend the mining inventory in this area, all adding additional value to the early stages of the project.” G2 Lens Drilling The G2 Lens is located adjacent to the planned route of the decline at 120m to 150m below the surface and represents potentially the first underground production source that would be processed through the plant. Seven core holes for 1,050m have been completed recently on the southern extent of the G2 Lens to better delineate this position which was open to the south of WNDD0133 (see Figures 1-3). These results are very encouraging and extend the G2 Lens approximately 40m to the south in this area. The very highgrade G2 Hanging Wall (G2HW) position has also been extended to the south beyond WNDD0116, although its continuity is expected to be variable. Follow-up DDH around the initial intercepts have now delineated the rhyolite contact in the area which defines the limits of mineralisation. Drilling is continuing at G2 to better define the up-dip extension of the zone. | |
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