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Heron Resources Ltd.
Summary
| Project: | Woodlawn | |
|---|---|---|
| Deposit: | Woodlawn | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 7/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 19-7-2017: Heron Resources Ltd. announces an Exploration/Drilling Update report for its Woodlawn deposit at the Woodlawn project. Drilling results incl. 4.7m @ 10.8% Zn, 0.7% Cu, 8.6% Pb, 10.4g/t Au, 802.3g/t Ag from 107.2m. Heron Resources Limited (ASX:H | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David von Perger (Internal) | |
| ABSTRACT: | Heron Resources Limited (ASX:HRR TSX:HER, “Heron” or the “Company”) is pleased to provide an exploration update from the drilling program currently underway at its wholly-owned Woodlawn Zinc-Copper Project, located 250km south-west of Sydney, New South Wales, Australia. The drilling program of approximately 4,300m is targeting an expansion of the shallow resource at the newly identified G2 Lens. The program is progressing well with a number of significant assays returned. Commenting on these latest results, Heron Resources Managing Director and CEO, Mr Wayne Taylor, said: “The assay results returned for WNDD0114 represent some of the highest grades seen at Woodlawn and demonstrate the potential to delineate new zones of mineralisation close to surface with a dedicated drilling approach. This shallow location is expected to have a positive impact on early cash flows with this area being currently outside the existing mine plan and financial modelling.” The G2 Lens is located to the south of the Kate Lens, and is adjacent to the planned route of the decline, 100-200m below the surface. Recent drilling has targeted this area for its ability to add to the early mine inventory. A programof approximately 4,300m of diamond core drilling commenced in early May to define and expand the shallow resource base. To date 19 holes for 3,687m have been drilled with several holes intersecting both the hanging wall zone (G2HW) and the main G2 Lens which consists of high-grade zinc-sulphide stringers. | |
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