21st Nov 2011 09:36
Herencia Resources plc
("Herencia" or the "Company")
One of the Best Assay Results to Date at Patricia
Highlights:
Continued high grade assay results from the 2011 Patricia drilling program at Paguanta include:
·; 20.0m at 8.0% zinc, 3.8% lead, 180g/t silver and 0.54g/t gold in PTDD093 including:
§ 7.1m at 12.9% zinc, 5.1% lead, 266g/t silver and 1.27g/t gold and
§ 5.0m at 10.0% zinc, 5.6% lead, 240g/t silver and 0.26g/t gold
·; 4.0m at 5.2% lead and 237g/t silver from 43m in PTDD073
Herencia Resources is pleased to provide further high grade drill results in relation to its Paguanta Project (Herencia 70% owner) in northern Chile:
Results from diamond drill hole PTDD093 include a broad high grade intersection of 20m at 8.0% zinc, 3.8% lead, 180g/t silver and 0.54g/t gold from 167.5m including:
§ 7.1m at 12.9% zinc, 5.1% lead, 266g/t silver and 1.27g/t gold from 168.5m
§ 1.0m at 8.2% zinc, 6.1% lead, 253g/t silver and 0.18g/t gold from 178.5m
§ 5.0m at 10.0% zinc, 5.6% lead, 240g/t silver and 0.26g/t gold from 180.5m
Results from diamond drill hole PTDD073 includes 4.0m at 5.2% lead and 237g/t silver from 43m.
Both holes targeted the Cathedral vein.
All significant intersections returned from this current drilling program are presented in Appendix 1.
Herencia's Managing Director Michael Bohm commented"Patricia continues to impress with numerous high grade assay results within broad widths of mineralisation. 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."
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.
Appendix 1 - Assay Results from 2011 Patricia Drilling:
(All widths stated are down-hole intersections)
Hole ID | Easting | Northing | Dip/Az. (degrees) | From (m) | To (m) | Width Down-hole (m) | Zinc Grade (%) | Pb Grade (%) | Silver Grade (g/t) | Gold Grade (g/t) |
PTDD059 | 494942 | 7809421 | -50/095 | 113.07 | 115.05 | 1.98 | 0.60 | 0.20 | 23 | 0.52 |
PTDD060 | 494942 | 7809421 | -65/085 | 98.50 | 99.50 | 1.00 | 0.80 | 0.90 | 107 | 0.01 |
129.50 | 131.00 | 1.50 | 0.62 | 0.28 | 27 | 0.01 | ||||
PTDD061 | 494310 | 7809812 | -45/176 | 35.50 | 37.50 | 2.00 | 2.24 | 0.41 | 36 | 0.05 |
45.00 | 49.95 | 4.95 | 1.83 | 1.22 | 114 | 0.11 | ||||
PTDD063 | 494224 | 7809663 | -54/179 | 142.00 | 143.00 | 1.00 | 1.07 | 0.16 | 10 | 0.05 |
202.00 | 204.40 | 2.40 | 7.07 | 1.54 | 72 | 0.19 | ||||
PTDD064 | 494250 | 7809755 | -47/310 | 30.00 | 34.00 | 4.00 | 2.42 | 0.33 | 40 | 0.13 |
PTDD065 | 494227 | 7809782 | -45/149 | 34.00 | 43.50 | 9.50 | 3.48 | 3.00 | 103 | 0.20 |
including 1.00m @ 7.05% Zn, 6.77% Pb, 247g/t Ag and 0.30g/t Au from 34m | ||||||||||
and 1.00m @ 13.30% Zn, 6.20% Pb, 228g/t Ag and 1.12g/t Au from 42.5m | ||||||||||
52.50 | 57.00 | 4.50 | 5.55 | 2.54 | 120 | 0.18 | ||||
PTDD066 | 494298 | 7809692 | -50/185 | 68.00 | 70.00 | 2.00 | 3.10 | 0.71 | 89 | 0.11 |
189.20 | 193.00 | 3.80 | 1.38 | 0.16 | 18 | 0.06 | ||||
PTDD067 | 494219 | 7809835 | -45/313 | 21.00 | 52.50 | 31.50 | 1.96 | 0.05 | 26 | 0.02 |
including 2.00m @ 4.20% Zn, 0.17% Pb and 4.2g/t Ag from 43.5m | ||||||||||
PTDD069 | 494353 | 7809600 | -53/194 | 90.00 | 91.00 | 1.00 | 1.6 | 0.1 | 17 | 0.24 |
138.00 | 139.00 | 1.00 | 2.37 | 0.65 | 35 | 0.26 | ||||
191.00 | 192.00 | 1.00 | 2.78 | 0.19 | 16 | 0.05 | ||||
197.00 | 205.00 | 8.00 | 3.33 | 0.69 | 43 | 0.15 | ||||
including 2.00m @ 7.79% Zn, 1.32% Pb, 103g/t Ag and 0.34g/t Au from 203m | ||||||||||
PTDD070 | 494353 | 7809669 | -48/172 | 142.00 | 143.00 | 1.00 | 2.51 | 0.28 | 15 | 0.03 |
PTDD072 | 494657 | 7809652 | -54/201 | 165.00 | 170.00 | 5.00 | 2.4 | 0.9 | 80 | 0.16 |
175.00 | 176.00 | 1.00 | 3.0 | 0.8 | 87 | 0.67 | ||||
PTDD073 | 494550 | 7809600 | -54/180 | 43.00 | 47.00 | 4.00 | 0.9 | 5.2 | 237 | 0.16 |
100.00 | 101.00 | 1.00 | 4.0 | 0.4 | 34 | 0.2 | ||||
115.00 | 116.00 | 1.00 | 2.4 | 4.7 | 278 | |||||
138.00 | 141.00 | 3.00 | 4.5 | 2.5 | 133 | 0.50 | ||||
181.90 | 188.00 | 6.10 | 3.1 | 1.0 | 77 | 0.18 | ||||
241.00 | 261.00 | 20.00 | 3.0 | 1.4 | 80 | 0.08 | ||||
including 6.00m @ 5.9% Zn, 2.6% Pb, 144g/t Ag and 0.12g/t Au from 253m | ||||||||||
PTDD074 | 494400 | 7809600 | -58/180 | 24.00 | 27.00 | 3.00 | 2.42 | 0.80 | 88 | 0.08 |
165.90 | 173.40 | 7.50 | 9.05 | 1.95 | 103 | 0.21 | ||||
including 3.70m @ 13.60% Zn, 2.13% Pb, 126g/t Ag and 0.28g/t Au from 169.7m | ||||||||||
193.00 | 196.00 | 3.00 | 3.09 | 1.01 | 52 | 0.05 | ||||
including 1.00m @ 6.62% Zn, 1.88% Pb, 99g/t Ag and 0.10g/t Au from 193m | ||||||||||
PTDD075 | 494600 | 7809544 | -60/180 | 54.00 | 58.00 | 4.00 | 2.8 | 1.4 | 120 | 0.13 |
82.00 | 83.00 | 1.00 | 4.1 | 1.9 | 112 | 0.16 | ||||
89.00 | 90.00 | 1.00 | 2.5 | 0.8 | 62 | 0.2 | ||||
216.80 | 220.50 | 3.70 | 2.92 | 1.53 | 73 | 0.10 | ||||
including 1.15m @ 6.0% Zn, 3.08% Pb, 142g/t Ag and 0.21g/t Au | ||||||||||
PTDD076 | 494309 | 7809668 | -45/180 | 40.00 | 41.00 | 1.00 | 6.0 | 2.7 | 997 | 0.15 |
226.00 | 227.10 | 1.10 | 3.1 | 0.7 | 25 | 0.04 | ||||
227.90 | 229.00 | 1.10 | 1.4 | 0.3 | 16 | 0.04 | ||||
PTDD080 | 494600 | 7809544 | -45/180 | 21.00 | 22.00 | 1.00 | 64 | 0.41 | ||
92.50 | 93.70 | 1.20 | 14 | 0.24 | ||||||
173.00 | 183.00 | 10.0 | 1.25 | 0.58 | 40 | 0.07 | ||||
including 2.00m @ 2.1% Zn, 1.0% Pb, 62g/t Ag and 0.14g/t Au | ||||||||||
252.50 | 253.25 | 0.75 | 1.18 | 0.62 | 48 | 0.02 | ||||
PTDD081 | 494287 | 7809800 | -62/192 | 85.50 | 90.10 | 4.60 | 3.70 | 1.8 | 473 | 0.32 |
including 1.5m @ 4.80% Zn, 2.3% Pb, 887g/t Ag and 0.69g/t Au from 85.5m | ||||||||||
PTDD085 | 494360 | 7809417 | -57/323 | 220.00 | 222.00 | 2.00 | 1.3 | 0.8 | 35 | |
227.00 | 236.00 | 8.00 | 3.8 | 2.09 | 63 | 0.04 | ||||
including 5.00m @ 5.17% Zn, 2.82% Pb, 86g/t Ag and 0.06g/t Au from 230m | ||||||||||
293.75 | 294.30 | 0.55 | 3.8 | 3.7 | 137 | 0.42 | ||||
331.00 | 332.00 | 1.00 | 1.6 | 1.0 | 42 | |||||
334.00 | 335.00 | 1.00 | 4.6 | 1.6 | 57 | 0.1 | ||||
337.00 | 340.00 | 3.00 | 3.0 | 0.5 | 23 | 0.30 | ||||
PTDD091 | 494483 | 7809554 | -60/180 | 86.00 | 108.00 | 22.00 | 3.6 | 1.6 | 93 | 0.09 |
including 5.00m @ 10.2% Zn, 4.0% Pb, 248g/t Ag, 0.18 Au from 88m | ||||||||||
including 2.00m @ 16.3% Zn, 7.4% Pb, 478g/t Ag and 0.2 g/t Au from 91m | ||||||||||
112.00 | 113.00 | 1.00 | 12.2 | 0.3 | 35 | 0.08 | ||||
PTDD093 | 494360 | 7809415 | -50/030 | 78.50 | 79.50 | 1.00 | 2.3 | 1.2 | 68 | 0.15 |
167.50 | 187.50 | 20.00 | 8.0 | 3.8 | 180 | 0.54 | ||||
including 7.10m @ 12.9% Zn,5.1% Pb,266g/t Ag and 1.27 Au from 168.5m | ||||||||||
and 1.00m @ 8.2% Zn, 6.1% Pb, 253g/t Ag and 0.18 Au from 178.5m | ||||||||||
and 5.00m @ 10.0% Zn, 5.6% Pb, 240g/t Ag and 0.26 Au from 180.5m | ||||||||||
PTDD096 | 494521 | 7809047 | -47/180 | 142.00 | 144.00 | 2.00 | 5.89 | 1.10 | 84 | 0.33 |
including 1.00m @ 9.79% Zn,2.18% Pb, 148g/t Ag and 0.59 Au from 143m | ||||||||||
149.00 | 151.00 | 2.00 | 7.31 | 2.65 | 163 | 0.07 | ||||
including 1.00m @ 10.90% Zn, 4.36% Pb, 262g/t Ag and 0.10 Au from 149m | ||||||||||
154.00 | 167.00 | 13.00 | 7.38 | 2.60 | 133 | 0.24 | ||||
including 4.00m @ 11.17% Zn,6.00% Pb, 296/t Ag and 0.37 Au from 154m | ||||||||||
including 1.00m @ 16.35% Zn,12.15% Pb, 624g/t Ag and 0.34 Au from 156m | ||||||||||
and 6.00m @ 6.84% Zn,0.95% Pb,58g/t Ag and 0.18 Au from 161m | ||||||||||
PTDD108 | 4942271 | 7810382 | -47/180 | 71.00 | 73.00 | 2.00 | 2.8 | 1.4 | 77 | 0.05 |
75.00 | 77.00 | 2.00 | 1.8 | 0.8 | 45 | 0.04 | ||||
92.90 | 94.00 | 1.10 | 6.2 | 1.2 | 71 | 0.07 | ||||
102.00 | 103.00 | 1.00 | 1.6 | 0.8 | 80 | 0.23 | ||||
104.00 | 106.00 | 2.00 | 2.2 | 1.1 | 94 | 0.10 | ||||
108.00 | 112.00 | 4.00 | 2.6 | 1.4 | 112 | 0.13 | ||||
·; All samples assayed by ALS Laboratory Group, Chile
·; Crushing all sample 70% < 2mm; quirting to 1 Kg; and powdered 85% < 75 µm
·; Zn-Pb-Ag-ME ICP41 method or AA46 ore grade for Pb 0.01-30%, Zn 0.01 -30% Ag 1-1500ppm
·; Au-AA23 ore grade finish Au 0.005 - 10ppm Au fire assay
·; Hole ID co-ordinate grid is PSAD56 UTM Zone 19S
Further background details on the Company can be found at www.herenciaresources.com
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