Heron Resources encounters wide intersect at Kate Lens

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THE DRILL SERGEANT: Heron Resources (ASX: HRR) was entertaining a crowd at its booth on Day Two of the Diggers & Dealers conference following the release of further results from a second phase of diamond drilling undertaken at the company’s wholly-owned Woodlawn project, located between Canberra and Sydney, in New South Wales.

The company explained the drilling to be part of a fully-funded Feasibility Study, which it expects to be completed in the first half of 2016.

The Phase II drilling program kicked off at Woodlawn in May 2015 and has so far completed 25 holes.

The initial part of the Phase II program is testing shallow mineralised positions looking for easy access to production in the early part of the future underground operation.

The drilling is also completing the infilling requirements for upgrading the underground Mineral Resource.

As previously reported, a number of zones of polymetallic sulphides have been intersected in the up-dip position of the Kate Lens.

Heron has received assay results for drill hole WNDD0033 with a number of high-grade results returned.

Kate Lens Up-dip Extension results include:

20.7 metres at 14.1 per cent zinc, 1 per cent copper, 4.7 per cent lead, 1.4 grams per tonne gold, 120g/t silver (25.8% zinc equivalent (ZnEq)) from 326m;

8.9m at 5.8 per cent zinc, 1.9 per cent copper, 2.6 per cent lead, 2.7g/t gold, 90g/t silver (18.9% ZnEq) from 351m;

Including 4.4m of internal dilution, this intercept has been reported as:

34m at 10.1 per cent zinc, 1.1 per cent copper, 3.5 per cent lead, 1.6g/t gold, 98g/t silver (20.8% ZnEq) from 326m.

“This intercept is located some 30 metres up-dip from the 8.8 metre wide ore grade intercept in WNDD0002 (8.8m at 30.1% ZnEq) and some 25 metres along strike to the north-west from the 7.2 metre wide ore grade intercept in WNDD0029 (7.2m at 40.1% ZnEq),” Heron said in its ASX announcement.

“It therefore provides a considerable thickening of the Kate Lens in this position and demonstrates the potential for the Kate Lens Mineral Resource to be expanded further.

“Of particular interest, the Kate and E Lenses are likely to be a contiguous mineralized zone which has significant impact for future mine development given mine access is already established into E Lens.”

Email: heron@heronresources.com.au

Website: www.heronresources.com.au