Herencia Resources Plc (HER)

Herencia Resources Plc (HER)

Herencia Resources Plc - Drilling Commenced at Paguanta Project

Herencia Resources Plc, the exploration and development company with a primary focus on identifying resource opportunities in South America, is pleased to announce the commencement of its drilling programme at its 70% owned Paguanta Project in northern Chile.

One of the main targets within the project is the Patricia asset which contains an Inferred Mineral Resources of 2.5Mt grading 4.1% Zn, 1.3% Pb and 77g/t Ag at a 2%Zn cut-off.   These results were announced to the market last year. 

The commencement of drilling at ‘Patricia’, using diamond drilling equipment, marks the beginning of a 10,000m programme at the Paguanta Project.  The drilling programme is planned to expand and upgrade the existing ‘Patricia’ resource and test the major geophysical anomaly at the porphyry-copper target called ‘La Rosa’, located 3km to the south of ‘Patricia’ on the same contiguous tenement group.

The first assay results are expected to be received in July/August 2008 with an updated mineral resource scheduled for general release toward year end.

Further background details on the Company and the Paguanta Project can be found at

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