Herencia Resources plc (HER)
New High Grade Diamond Drilling Results at Paguanta Project
Herencia Resources Plc (HER), the exploration and development company with a primary focus on identifying resource opportunities in South America, is pleased to announce further high grade drilling results at the ‘Patricia’ deposit, part of its 70% owned Paguanta zinc-lead-silver project in northern Chile.
Highlights:
• Cathedral Vein returns extended widths of high grade mineralisation at depth
• High grade intercepts of mineralisation also confirmed at the Rosada Vein
Recent high grade assay results from diamond drilling at the ‘Patricia’ deposit include:
• Cathedral Vein – Diamond hole PTDD024
• Cathedral Vein – Diamond hole PTDD026
• Rosada Vein – Diamond hole PTDD020
• Rosada Vein – Diamond hole PTDD025
High grades at Cathedral Vein
Latest diamond drilling of the Cathedral Vein has returned significant widths of high grade mineralisation at depth. Two drill holes, PTDD026 and PTDD024, located approximately 130m apart appear to have discovered a zinc rich extension to the Cathedral Vein. The vein intersection indicated by PTDD024 has an interpreted true width of 8 to 10m. PTDD026 intersected two distinct veins, separated by a stockwork zone and totaled approximately 34m true width. The holes intersected the Cathedral Vein 160m and 210m respectively, vertically beneath the outcropping mineralization.
The Cathedral Vein continues to return high-grade intersections over approximately 300m of strike length, with the deepest visible mineralisation now intersected at a vertical depth in excess of 250m.
Rosada Vein
The Rosada Vein has been confirmed from recent diamond drilling which returned intercepts of high grade mineralisation at a relatively shallow depth of approximately 25m in PTDD025 and approximately 50m in PTDD020, located 25m vertically apart on the same drill section.
Executive Director, Michael Bohm commented:
“We are very excited about the latest drill results as they are some of the highest grades and thickest intercepts reported to date from the Cathedral Vein. The drilling shows that the mineralization remains open at depth and highlights the strong resource potential and very attractive grades of our Paguanta Project”.