Geophysical anomaly extended at Paguanta

Herencia Resources plc

Herencia Resources plc, an AIM quoted exploration and development company operating in Chile, is pleased to provide an update on its flagship Paguanta Project ("the Project"). The Project, which is 70% owned and managed by Herencia, is a high grade zinc-silver-lead deposit and is located in northern Chile. The Company is undertaking a number of work programmes to investigate the potential for an open pit mine at the Patricia deposit and expand the overall size of the Paguanta project.

Highlights

·; Excellent results have been returned from a recent Induced Polarisation ("IP") geophysical survey conducted to the south and east of the existing Patricia deposit at Paguanta.

·; The IP survey has significantly extended the Patricia geophysical anomaly to approximately 3 kilometres in length and up to 1 kilometre in width.

·; The Patricia anomaly appears to increase with depth and is largely un-tested, presenting further opportunities for potential extensions to existing resources.

·; The expanded Patricia anomaly lies wholly within the Company's granted mining tenements.

Herencia is highly encouraged by the preliminary results of the IP survey as co-incident high resistivity and high phase anomalies have been identified to the south and east of the existing Patricia deposit and within the Company's granted mining tenements.

The IP geophysical method is an excellent tool for detecting chargeable (phase) and resistive zones which can highlight the presence of sulphides, geological structures and/or silicification (commonly an indicator of vein structures).

A 15.6 kilometre IP survey was conducted in August to generate additional data to the south and east of existing zinc-silver resources in order to broadly test the potential for extensions to mineralisation. The IP survey consisted of 6 lines of approximately 2,600 metres in length spaced 200 metres apart, oriented east-west. IP data has been collected from surface down to an elevation of approximately 250 metres below surface. Phase and resistivity anomalies have been defined at depth slices of 50 metres, 100 metres, 200 metres and 250 metres, and appear to expand with depth.

The IP geophysical anomalies correlate very well with the existing Patricia Mineral Resource and support the potential to extend resources to the south and east of the project. The Patricia geophysical anomaly has now been extended to 3 kilometres in length and approximately 1 kilometre in width with potential for further extensions. This very large geophysical anomaly is largely un-tested.

The Patricia Mineral Resource remains open at depth, open along strike and to the north and south. Surface geological mapping and sampling programmes have been initiated to assist with the targeting of future drill programmes.

Graeme Sloan, Managing Director of Herencia said:

"I am very encouraged by the results of the IP survey which has allowed us to extend the Patricia anomaly to the south and east and highlights the enormous potential at Paguanta. For example, the Resource envelope for the main Cathedral vein is approximately 600 metres long, yet the Patricia anomaly now measures 3 kilometres in length and appears open to the east. Given these results, I believe Patricia has the potential to evolve into a significant zinc-silver producer".

The following link presents Patricia phase and resistivity maps at depth slices of 50 metres, 100 metres, 200 metres and 250 metres.

http://www.rns-pdf.londonstockexchange.com/rns/4851L_-2012-9-4.pdf

Project Location

The Paguanta Project is a high-grade zinc-silver-lead deposit located in the north of Chile approximately 190 kilometres north-east of the coastal city of Iquique and 30 kilometres west of Chile-Bolivia border. The Project is in the Andes, approximately 3,400 to 3,700 metres above sea level on the north end of the Oligocene Porphyry Copper Belt of Chile that includes the world class deposits of Escondida, Chuquicamata, Collahuasi and Cerro Colorado. Cerro Colorado is a large operating copper mine, operated by BHP Billiton, and is located approximately 35 kilometres south of Paguanta.

For further information, please contact:

Graeme Sloan, 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. Graeme Sloan (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. Sloan is a Member of the Australasian Institute of Mining and Metallurgy. Both Mr. Sloan 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

**ENDS**