Heron Resources Ltd

Published : September 05th, 2007

IN-FILL DRILLING RESULTS JUMP-UP DAM PROJECT

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IN-FILL DRILLING RESULTS JUMP-UP DAM PROJECT

Heron Resources Ltd is pleased to announce positive reverse circulation (RC) drilling results from current in-fill drilling at its wholly owned Jump-up Dam nickel laterite project.

The current results for the latest drilling in the north-west corner of the project demonstrates the good continuity of the higher grade mineralisation between and along the drill sections. JDRC2224 has returned the highest grade drilling result returned to date from the project of 6.12% Ni over a 2m interval from 24m depth.  This is significant because the hole is located some 150m south of main high-grade zone on the western side and may be part of further previously unrecognised high grade domain.

Heron Resource's Managing Director, Mr Mathew Longworth, said "we are seeing the drilling demonstrate the continuity of the higher grade zones, which is great news for the continuing feasibility work on Jump-up Dam.  As a bonus to this in-fill drilling work, we are particularly encouraged to see some new zones identified, including recording the highest nickel grade interception to date at Jump-up Dam, with 6.12% nickel over two metres."

"These results give us great encouragement that we will be able to upgrade substantial portions of the current indicated mineral resource estimate at Jump-up Dam to the Measured category, over the course of the feasibility studies."

To view the full report please click on the following link:  http://www.heronresources.com.au/downloads/asx/2007/hrr20070905.pdf


Any enquiries at all, give our Public Relations Officer
Briony Robertson a call on (08) 9215 4444 or email. To unsubscribe from this newsletter, please click here.

 

In-fill drilling at Jump-up Dam yields highest nickel grade to date.

 
 
 


Heron Resources Limited
www.heronresources.com.au

Perth Office
Level 1, 37 Ord Street
West Perth WA 6005
PO Box 1380
West Perth WA 6872
Phone: +61 8 9215 4444
Fax: +61 8 9215 4490

Kalgoorlie Office
21 Close Way
Kalgoorlie WA 6430
PO Box 1280
Kalgoorlie WA 6433
Phone: +61 8 9091 9253
Fax: +61 8 9091 9256


This email is confidential and contains personal information. If you are not the intended recipient you must not disclose or use either the email, or any of the information contained in it. If you have received this email in error please notify Heron immediately by return email and delete the email and all attachments. Heron accepts no liability for any damage caused by this email or its attachments due to viruses, interference, interception, corruption or unauthorised access.

Heron Resources Ltd

EXPLORATION STAGE
CODE : HRR.AX
ISIN : AU000000HRR6
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Heron Res. is a nickel and cobalt development stage company based in Australia.

Heron Res. holds various exploration projects in Australia.

Its main exploration properties are BIG FOUR HERON - GOONGARRIE, BIG FOUR - GOONGARRIE, SIBERIA NORTH, BULONG - MAIN, BULONG - EAST, HAMPTON (KNP PROJECT), BIG FOUR PLACER - GOONGARRIE, GOONGARRIE HILL - GOONGARRIE, GOONGARRIE SOUTH - GOONGARRIE, HIGHWAY - GOONGARRIE, SCOTIA - GOONGARRIE, JUMP-UP DAM, LAVERTON NICKEL and MT ZEPHYR in Australia.

Heron Res. is listed in Australia. Its market capitalisation is AU$ 18.7 millions as of today (US$ 13.5 millions, € 12.6 millions).

Its stock quote reached its highest recent level on April 13, 2007 at AU$ 1.47, and its lowest recent point on April 03, 2020 at AU$ 0.02.

Heron Res. has 415 010 016 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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