19th Oct 2011 07:14
Herencia Resources plc
("Herencia" or the "Company")
High Grade Drill Assay Results Continue at Paguanta
Highlights:
·; High grade assay results from the Patricia drilling program including:
o 13.0m at 7.4% zinc, 2.6% lead and 133g/t silver in PTDD096
including 4.0m at 11.2% zinc, 6.0% lead and 296g/t silver
including 1.0m at 16.3% zinc, 12.1% lead and 624g/t silver
o 5.0m at 5.2% zinc, 2.8% lead and 86g/t silver in PTDD085
o 2.0m at 7.8% zinc, 1.3% lead and 103g/t silver in PTDD069
Following on from the high grade drill assays announced to the market last week, 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 PTDD096 (Cathedral Vein) include grades of 13m at 7.4% zinc, 2.6% lead and 133g/t silver from 154m including:
o 4m at 11.2% zinc, 6.0% lead and 296g/t silver from 154m depth, including:
o 1m at 16.3% zinc, 12.1% lead and 624g/t silver from 156m depth
and
o 6m at 6.8% zinc, 0.9% lead and 58g/t silverfrom 161m
·; Hole PTDD096 (Cathedral Vein) also returned grades of 2m at 5.9% zinc, 1.1% lead and 84g/t silver from 142m including 1.0m at 9.8% zinc, 2.2% lead, 148g/t silver and 0.59g/t gold from 143m depth, and 2.0m at 7.3% zinc, 2.6% lead and 163g/t silver from 149m including 1.0m at 10.9% zinc, 4.4% lead and 262g/t silver from 149m.
·; Results from diamond drill hole PTDD085 (Cathedral Vein) include grades of 8m at 3.8% zinc, 2.1% lead and 63g/t silver from 227m including 5.0m at 5.2% zinc, 2.8% lead and 86g/t silver from 230m depth.
·; Results from diamond drill hole PTDD069 (Cathedral Vein) include grades of 8m at 3.3% zinc, 0.7% lead and 43g/t silver from 197m including 2.0m at 7.8% zinc, 1.3% lead and 103g/t silver from 203m depth.
Herencia's Managing Director Michael Bohm commented "Again, Patricia appears to be delivering these consistent grade profiles. PTDD096 is a good hole and we have further deeper assays from this hole pending. Drilling is progressing on site and we expect to complete the Patricia drill program prior to Christmas."
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 | |
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 | 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 | 138.00 | 141.00 | 3.00 | 4.5 | 2.5 | 133 | 0.38 |
241.00 | 261.00 | 20.00 | 3.00 | 1.40 | 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 |
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 |
PTDD080 | 494600 | 7809544 | -45/180 | 173.0 | 183.0 | 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 | ||||||||||
252.5 | 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 from 85.5m | ||||||||||
PTDD085 | 494360 | 7809417 | -57/323 | 227.00 | 236.00 | 8.00 | 3.84 | 2.09 | 63 | 0.04 |
including 5.00m @ 5.17% Zn, 2.82% Pb, 86g/t Ag and 0.06g/t Au from 230m | ||||||||||
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 from 91m | ||||||||||
112.00 | 113.00 | 1.00 | 12.2 | 0.3 | 35 | 0.08 | ||||
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 | ||||||||||
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**
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