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Market: AIM
Sector: General Mining - Zinc, Lead and Tin
EPIC: HER
Latest Price: 1.58p  (6.76% Ascending)
52-week High: 3.38p
52-week Low: 1.40p
Market Cap: 24.05M
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Herencia Resources
www.herenciaresources.com

Herencia Resources plc is a multi-commodity development company listed on the Alternative Investment Market (‘AIM’) of the London Stock Exchange with a primary focus on developing its Paguanta Project in northern Chile. Herencia is progressing a Feasibility Study into the proposed Patricia Mine (zinc, silver, lead) within the Paguanta Project, with the goal of bringing the mine into production. Herencia is also focused on advancing exploration work on the Doris copper-silver prospect and the La Rosa porphyry-copper target in 2012. Herencia is also earning a 51% interest of the exciting Guamanga Copper-Gold Project in Chile. The Project has two components: a shallow, high grade copper-gold oxide target; and deeper, potential porphyry targets. Herencia has the backing of the global zinc group Nyrstar.

Pdf

Herencia Resources impressed with drill results from Patricia zinc-lead-silver-gold project

21st Nov 2011, 10:27 am by Jamie Ashcroft This morning the South America focused metals explorer revealed the results of two further holes from the Paguanta project in northern Chile

Herencia Resources (LON:HER) boss Michael Bohm today told investors that drill results from the Paguanta’s Patricia deposit continue to impress.

This morning the South America focused metals explorer revealed the results of two further holes from the project in northern Chile. These were drilled on the Cathedral vein.

The results have high grade within broad widths of mineralisation and they include one of the best assays to date from Patricia.

One hole (PTDD093) encountered 20 metres containing 8 per cent zinc, 3.8 per cent lead, 180 grams per tonne silver and 0.54 grams per tonne gold. Within this intersection there was 7.1 metres with 12.9 per cent zinc, 5.1 per cent lead, 266 g/t silver and 1.27g/t gold.

In the other hole (PTDD073) Herencia encountered 4 metres at 5.2 per cent lead and 237 grams per tonne silver.

“Patricia continues to impress with numerous high grade assay results within broad widths of mineralisation,” Bohm said in this morning’s statement.

“Diamond drill hole PTDD093 is a recent and outstanding example of this. It is also pleasing to note the high silver grade from near surface in hole PTDD073.

“This year's drilling program at Paguanta is progressing well with over 15,000 metres now drilled and we remain on track for drilling to be completed by year-end and all assay results to be returned by February 2012.

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