Herencia Resources plc (HER)
Herencia Resources plc (HER) – Positive Metallurgical and Drilling Results at Paguanta
Herencia Resources Plc, the exploration and development company with a primary focus on identifying resource opportunities in South America, is pleased to announce positive metallurgical testwork and drilling results at its 70% owned Paguanta zinc-lead-silver Project in northern Chile.
Highlights
• Positive preliminary metallurgical testwork results:
– Zinc recovery: +80%
– Lead recovery: 70%
– Silver recovery: +85%
• Drilling extends Camp, Central and Cathedral veins and confirms high grade continuity at Cathedral vein
• Scoping Study expected to commence in 3Q 2008
Executive Director, Michael Bohm commented:
“We are very pleased with the initial metallurgical results as they have positive implications for ensuring a simple design of any processing circuit at Paguanta. This would keep the capital and operating costs of the project down. It is also encouraging to see all of our main veins continuing to return mineralized drill intercepts, whilst remaining open at depth.”
For more information please go to: www.herenciaresources.com