Deep Drilling Commences at the Guamanga Project

14 February 2012

Herencia Resources plc

Deep Drilling Commences at the Guamanga Project

Herencia Resources is pleased to announce the commencement of a diamond drilling program at the Guamanga Copper-Gold Project (Herencia earning 51%), located to the north of Copiapo in northern Chile.

This current program is scheduled to comprise four to five holes for a total of approximately 1,500m and is designed to test the potential porphyry targets identified at Guamanga in late-2011.

The drilling is again being undertaken by Major Drilling and first assay results are anticipated in April 2012.

Herencia's Managing Director Michael Bohm commented "It is pleasing to see this drilling program commencing on time at Guamanga, following on from the recent positive results from the first four shallow drill holes, released yesterday. The confirmation of copper-gold mineralisation in the shallow drill holes, together with the surface geological indicators and the geophysical targets is a positive suite of results for the Guamanga JV partners.

This is a busy period for our team with a high volume of assay data pending in the coming months. We look forward to receiving the assay results from the remaining seven shallow holes at Guamanga this month, the results from the current deep drilling program at Guamanga in April, and the on-going Patricia assay results over the coming two months.

Completion of this current drill program at Guamanga will also see us achieve our first year (year 1) earn-in milestones under the terms of the Guamanga JV Agreement."

For further information, please contact:

Michael Bohm, Herencia Resources plc +61 8 9481 4204

Katy Mitchell, WH Ireland Limited +44 161 832 2174

Simon Courtenay, Broker Profile +44 207 448 3244

References in this announcement to exploration results and potential have been approved for release by Mr Michael Bohm (BAppSc Mining Engineering WASM) and Mr Antonio Valverde (Bsc Geology Universidad Complutense de Madrid), both with more than 15 years' relevant experience in the field of activity concerned. Mr Bohm is a Member of the Australasian Institute of Mining and Metallurgy. Mr Bohm and Mr Valverde have consented to the inclusion of the material in the form and context in which it appears.

Further background details on the Company can be found at www.herenciaresources.com