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High grade assay results continue at Paguanta

13th Apr 2012 07:00

RNS Number : 2289B
Herencia Resources PLC
13 April 2012
 



Herencia Resources plc

 

("Herencia" or the "Company")

·; High grade assay results continue at Paguanta

Highlights:

·; High grade results continue to be returned from the Paguanta Project (Patricia) 2011 drill program

·; Best intersections include:

o 6.25m at 9.1% zinc, 3.6% lead and 209g/t silver from 188.75m in PTDD095

including 1.75m at 16% zinc, 9.7% lead and 544g/t silver from 188.75m

o 5m at 10.2% zinc, 4.2% lead and 244g/t silver from 196m in PTDD096

including 1.1m at 17.6% zinc, 6.0% lead and 315g/t silver from 198.7m

o 4.00m at 4.4% zinc, 4.1% lead and 218g/t silver from 161m in PTDD100

Herencia Resources is pleased to advise of the return of further high grade drill assay results in relation to its 70% owned Paguanta Project in northern Chile. Recently received results include:

PTDD095 - successfully intersected the Cathedral Vein and returned a high grade intersection of:

·; 6.25m at 9.1% zinc, 3.6% lead and 209g/t silver from 188.75m including

1.75m at 16% zinc, 9.7% lead and 544g/t silver from 188.75m

·; 6.10m at 3.8% zinc, 0.8% lead and 42g/t silver from 203m including

1.20m at 13% zinc, 1.0% lead and 61g/t silver from 207.9m

PTDD096 - targeting the Cathedral Vein and returning a further high grade intersection beneath the previously reported intersection of 4m at 11.2% zinc, 6% lead and 296g/t silver from 154m (announced 18 October 2011) of:

·; 5m at 10.2% zinc, 4.2% lead and 244g/t silver from 196m including

1.1m at 17.6% zinc, 6.0% lead and 315g/t silver from 198.7m

PTDD097 - targeting the western extensions to the Cathedral Vein and returned an intersection of:

·; 4.75m at 5.3% zinc, 0.2% lead and 58g/t silver from 179m

PTDD100 - targeting the Cathedral Vein, this geotechnical hole returned a best intersection of:

·; 4.00m at 4.4% zinc, 4.1% lead and 218g/t silver from 161m

All significant intersections returned to date from this drilling program are presented in Appendix 1. It is anticipated that all assay data from the 2011 Patricia drilling program will be returned by end-April 2012, allowing an updated Mineral Resource Estimate to be published in May 2012.

Herencia's Managing Director Michael Bohm commented "As the last results of the 2011 drill program come to hand, it remains pleasing that high grade assay results continue, not only for zinc but for lead and silver also. Looking to the future, I am particularly encouraged that holes such as PTDD095 confirm that the Cathedral Vein remains open at depth with an excellent grade profile."

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

(%)

Lead

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 1m @ 7.05% Zn, 6.77% Pb, 247g/t Ag and 0.30g/t Au from 34m

and 1m @ 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 2m @ 4.20% Zn, 0.17% Pb and 4.2g/t Ag from 43.5m

PTDD068

494384

7809693

-48/187

61.00

62.00

1.00

1.5

0.2

17

0.05

64.50

68.50

4.00

5.2

1.9

94

0.21

80.50

81.50

1.00

1.6

0.05

10

0.02

126.00

127.50

1.50

1.9

1.4

95

0.18

178.00

179.00

1.00

1.8

0.3

16

0.05

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

171.00

172.00

1.00

1.4

0.9

40

-

173.00

174.00

1.00

1.8

0.3

17

0.03

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 2m @ 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

-50/201

149.20

149.90

0.70

2.4

1.0

83

0.42

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

188.90

189.55

0.65

1.5

2.5

186

0.54

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 6m @ 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

Incl. 3.7m @ 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 1m @ 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

271.00

272.00

1.00

1.7

0.9

48

0.07

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 2m @ 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

PTDD082

494208

7809684

-55/323

70.00

72.00

2.00

3.6

0.8

31

0.16

75.00

77.00

2.00

1.4

0.5

33

0.03

99.00

100.00

1.00

1.9

0.9

22

0.04

PTDD083

494350

7809749

-48/213

233.00

233.30

0.30

1.9

0.7

39

0.39

PTDD084

494654

7809638

-61/180

121.00

123.00

2.00

7.0

1.3

61

0.4

147.00

152.00

5.00

1.6

0.7

31

0.05

169.00

170.00

1.00

1.4

0.4

30

0.05

219.00

220.00

1.00

3.9

2.1

66

0.3

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 5m @ 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

0.10

337.00

340.00

3.00

3.0

0.5

23

0.30

PTDD086

494562

7809586

-55/270

Geotechnical hole - no assay data

PTDD087

494565

7809597

-50/180

59.00

62.00

3.00

1.9

0.7

36

0.16

99.90

101.50

2.00

3.1

0.5

36

0.55

133.00

135.00

2.00

4.0

2.8

125

0.15

182.50

183.50

1.00

1.6

0.4

116

0.15

252.00

255.00

3.00

2.0

1.1

58

0.04

261.00

262.00

1.00

2.2

1.1

47

0.02

PTDD089

494542

7809575

-53/195

186.50

188.00

1.50

6.8

3.0

162

0.01

188.90

189.90

1.00

3.9

2.1

108

0.07

206.20

208.00

1.80

1.8

1.3

65

0.05

PTDD090A

494469

7809560

-47/180

19.20

20.90

1.70

6.8

0.3

39

0.11

45.00

45.85

0.85

1.7

0.1

11

0.05

76.00

79.00

3.00

3.4

1.1

60

0.09

83.75

87.80

4.05

3.1

1.0

55

0.04

PTDD091

494483

7809554

-60/180

37.70

39.00

1.30

4.0

1.5

130

0.33

58.00

59.00

1.00

1.6

0.2

12

0.03

63.00

64.00

1.00

1.6

0.2

10

0.05

67.00

68.00

1.00

1.6

0.1

15

0.01

86.00

108.00

22.00

3.6

1.6

93

0.09

including 5m @ 10.2% Zn, 4.0% Pb, 248g/t Ag, 0.18 Au from 88m

including 2m @ 16.3% Zn, 7.4% Pb, 478g/t Ag and 0.2 g/t Au from 91m

112.00

120.00

8.00

8.0

0.5

45

0.02

including 1m @ 12.2% Zn, 0.3% Pb, 35g/t Ag and 0.08g/t Au from 112m

and 2m @ 16.3% Zn, 0.7% Pb, 75g/t Ag and 0.20 Au from 117m

PTDD092

494935

7809365

-45/0

NSI to date

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 7m @ 12.9% Zn, 5.1% Pb, 266g/t Ag and 1.27 Au from 168.5m

and 1m @ 8.2% Zn, 6.1% Pb, 253g/t Ag and 0.18 Au from 178.5m

and 5m @ 10% Zn, 5.6% Pb, 240g/t Ag and 0.26g/t Au from 180.5m

PTDD094

494353

7809743

-47/188

125.00

126.00

1.00

1.3

0.2

39

0.19

127.50

129.50

2.00

6.3

0.8

89

0.18

219.40

220.50

1.10

1.3

4.1

100

0.01

222.50

223.50

1.00

1.5

0.9

29

0.01

229.00

230.00

1.00

1.6

0.5

22

0.05

PTDD095

494649

7809637

-64/201

142.00

143.00

1.00

2.0

-

2

0.01

168.00

169.00

1.00

1.5

0.6

31

0.07

188.75

195.00

6.25

9.1

3.6

209

0.25

Including 1.75 m @16 % Zn, 9.7 % Pb, 544 g/t Ag and 0.14 g/t Au from 188.75 m

197.00

200.00

3.00

2.8

1.5

73

0.09

203.00

209.10

6.10

3.8

0.8

42

0.07

including 1.2m @ 13.0% Zn, 1.0% Pb, 61g/t Ag and 0.15g/t Au from 207.9m

PTDD096

494530

7809652

-47/180

112.00

116.00

4.00

1.4

0.07

4

0.01

142.00

144.00

2.00

5.9

1.10

84

0.33

including 1m @ 9.79% Zn, 2.18% Pb, 148g/t Ag and 0.59 Au from 143m

149.00

151.00

2.00

7.3

2.65

163

0.07

including 1m @ 10.90% Zn, 4.36% Pb, 262g/t Ag and 0.10 Au from 149m

154.00

167.00

13.00

7.4

2.60

133

0.24

including 4m @ 11.17% Zn, 6.00% Pb, 296/t Ag and 0.37 Au from 154m

including 1m @ 16.35% Zn, 12.15% Pb, 624g/t Ag and 0.34 Au from 156m

and 6m @ 6.84% Zn, 0.95% Pb,58g/t Ag and 0.18 Au from 161m

188.00

189.00

1.00

2.3

0.4

53

0.08

196.00

201.00

5.00

10.2

4.2

244

0.31

including 1.10m @ 17.6% Zn,6.0% Pb,315g/t Ag and 0.31g/t Au from 198.7m

206.75

208.40

1.65

4.2

2.0

98

0.21

211.50

213.00

1.50

1.6

0.7

29

0.03

PTDD097

494227

7809664

-45/180

179.00

183.75

4.75

5.3

0.2

58

0.45

including 0.85m @10.3% Zn, 0.10% Pb,39g/t Ag and 0.76g/t Au from 182.9m

PTDD098

494287

7809806

-50/150

73.00

80.00

7.00

7.0

2.6

122

0.06

including 4m @ 10.3% Zn, 3.4% Pb and 159g/t Ag from 77m

PTDD099

494355

7809745

-47/188

106.50

107.50

1.00

1.7

1.0

42

0.04

110.60

111.50

0.90

4.3

2.0

42

0.22

118.50

120.50

2.00

2.4

0.4

26

0.06

PTDD100

494297

7809551

-60/80

161.00

165.00

4.00

4.4

4.1

218

0.12

PTDD101

494545

7809569

-50/180

10.00

12.00

2.00

-

5.3

174

0.60

18.00

20.00

2.00

-

1.6

129

0.17

38.00

41.50

3.50

0.8

9.2

384

0.16

45.70

46.90

1.20

2.4

11.0

568

0.08

119.00

121.50

2.50

4.3

8.5

372

0.27

142.90

144.00

1.10

2.0

0.8

46

0.12

148.30

149.30

1.00

2.1

0.57

35

0.21

158.00

159.00

1.00

2.6

1.1

56

0.04

181.00

186.30

5.30

2.4

0.7

41

0.29

238.40

241.35

2.95

3.2

1.7

87

0.11

244.00

246.50

2.50

2.1

0.8

46

0.06

257.30

258.50

1.20

2.0

2.0

80

0.07

259.50

263.70

4.20

3.2

1.5

65

0.07

276.70

277.50

0.80

1.7

0.8

50

0.04

PTDD104

494651

7809640

-46/162

119.00

122.00

3.00

3.2

2.9

133

0.12

151.00

152.1

1.10

1.6

0.6

31

0.08

170.00

173.85

3.85

2.2

1.0

48

0.12

PTDD105

494595

7809621

-55/180

75.00

92.00

17.00

1.3

0.03

3

-

96.00

106.00

10.00

2.6

0.9

68

0.12

including 3m @ 5.8% Zn, 2.2% Pb, 160g/t Ag and 0.21g/t Au from 102m

126.00

127.00

1.00

8.0

0.9

60

0.09

133.00

134.00

1.00

3.1

0.2

18

0.04

153.00

155.00

2.00

1.8

1.6

357

0.18

165.00

166.00

1.00

3.0

0.6

32

0.03

177.00

178.00

1.00

2.5

0.1

15

0.15

181.00

183.00

2.00

2.4

4.1

145

0.07

PTDD108

4942271

7810382

-62/145

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

including 1m @ 5.1% Zn, 3.0% Pb, 224g/t Ag and 0.35g/t Au from 109m

PTDD109

494531

7809650

-60/180

153.00

156.00

3.00

2.8

0.9

76

0.03

including 1m @ 5.8% Zn,1.4% Pb,92g/t Ag and 0.07g/t Au from 155m

179.10

181.30

2.20

2.9

2.1

123

0.06

217.00

219.00

2.00

2.1

0.6

34

0.10

224.00

226.00

2.00

2.5

0.6

30

0.08

228.00

239.00

11.00

4.3

1.3

57

0.08

including 7m @ 5.4% Zn, 1.7% Pb, 77g/t Ag and 0.09g/t Au from 231m

249.00

250.00

1.00

2.0

1.3

80

0.09

252.10

254.00

1.90

3.6

0.9

54

0.13

258.00

264.10

6.10

8.9

3.4

205

0.29

PTDD110

494528

7809650

-54/180

145.00

146.10

1.10

3.6

1.4

75

0.02

181.60

182.80

1.20

1.8

0.9

45

0.10

204.00

207.90

3.90

3.5

1.0

71

0.17

PTDD113

494651

7809632

-65/180

148.00

149.00

1.00

1.5

1.7

68

0.05

153.00

155.00

2.00

1.9

0.9

48

0.04

156.00

157.00

1.00

3.0

0.8

38

0.02

161.00

162.00

1.00

1.9

0.6

35

0.03

PTDD116

494536

7809724

-47/180

267.00

269.00

2.00

2.5

0.2

18

0.27

286.00

288.00

2.00

4.4

0.3

22

0.02

287.00

288.00

1.00

6.7

0.2

14

0.01

PTDD118

494287

7809738

-48/115

86.00

90.00

4.00

2.1

1.1

59

0.04

112.00

113.00

1.00

11.1

7.8

239

0.07

PTDD112

494408

7809843

-50/180

95.00

96.00

1.00

2.9

0.8

33

0.04

103.00

104.00

1.00

2.0

1.1

37

0.03

105.00

106.00

1.00

1.4

0.3

16

0.02

PTDD122

494222

7809647

-46/151

224.00

227.00

3.00

2.0

0.3

20

0.18

229.00

232.00

3.00

2.4

0.1

10

0.08

238.00

251.00

13.00

2.2

0.4

16

0.06

including 1.0m @ 6.3% Zn,0.1% Pb,15g/t Ag & 0.04g/t Au from 250m

PTDD130

494567

7809598

-63/180

68.00

69.00

1.00

2.1

0.01

1.0

0.01

71.00

74.25

3.25

2.1

0.5

26

0.05

83.00

84.00

1.00

1.8

0.07

15

0.02

86.00

88.00

2.00

2.4

0.5

464

0.10

103.20

107.50

4.30

3.6

1.7

83

0.10

including 1.55m @ 7.5% Zn, 2.6% Pb,125g/t Ag and 0.16g/t Au from 103.2m

117.45

118.60

1.15

2.8

0.3

20

0.04

142.90

144.00

1.10

2.9

1.7

100

0.12

164.40

166.20

1.80

2.7

2.0

105

0.55

182.25

185.50

3.25

3.8

1.0

90

0.25

 

·; 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

**ENDS**

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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