Heron Resources (ASX:HRR) MD Mathew Longworth With Brian Carlton at Symposium Resources Roadshow
Sydney, April 29, 2010 (ABN Newswire) - FINANCE VIDEO: Heron Resources (
ASX:HRR) MD Mathew Longworth With Brian Carlton at Symposium Resources Roadshow
Since listing in August 1996, focus has been maintained on Nickel and nickel laterite; this strong focus resulted in the Kalgoorlie Nickel Project (KNP) ground position supporting a JORC combined resource of 908mt @ 0.74% nickel for 6.6 million tonnes of contained nickel.
As part of an 18 month worldwide business development review to acquire a near-term cash producer, Heron has secured an option on the A1 Gold Mine in eastern Victoria. The A1 Gold Mine historically produced some 450,000 ounces of gold prior to shutting in 1992 due to low gold price, high costs associated with antiquated mining practices and infrastructure, and bushfire damage to the plant. The A1 Gold Mine is an excellent near term production opportunity.
On 29 May 2009 Heron entered Framework Agreement with Ningbo Shanshan Co Ltd (SHA:600884; Shanshan) with respect to Heron's Yerilla Nickel Cobalt Project. The Agreement provides for Shanshan to undertake a feasibility study into treating ore from Heron's Yerilla Project utilising technology being provided by Shanshan, to produce a nickel and cobalt concentrate for further processing in China.
View the Video Link here:
http://www.abnnewswire/press/en/62734/Heron-Resources
About Heron Resources Ltd
Heron Resources Limited is engaged in the production, exploration and development of base and precious metals in Australia. Heron's primary focus is on its 100% owned, high-grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, New South Wales, Australia. With production having commenced in the second quarter of CY2019, the Company is on track to participate in the pricing environment supported by a strong zinc physical market. In addition, the Company has a number of significant high quality, base and precious metal tenements regional to the Woodlawn Project.
