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Sydney, April 29, 2010 (ABN Newswire) - FINANCE VIDEO: Heron Resources (
ASX:HRR) MD Mathew Longworth With Brian Carlton at Symposium Resources Roadshow
Since listing in August 1996, focus has been maintained on Nickel and nickel laterite; this strong focus resulted in the Kalgoorlie Nickel Project (KNP) ground position supporting a JORC combined resource of 908mt @ 0.74% nickel for 6.6 million tonnes of contained nickel.
As part of an 18 month worldwide business development review to acquire a near-term cash producer, Heron has secured an option on the A1 Gold Mine in eastern Victoria. The A1 Gold Mine historically produced some 450,000 ounces of gold prior to shutting in 1992 due to low gold price, high costs associated with antiquated mining practices and infrastructure, and bushfire damage to the plant. The A1 Gold Mine is an excellent near term production opportunity.
On 29 May 2009 Heron entered Framework Agreement with Ningbo Shanshan Co Ltd (
SHA:600884; Shanshan) with respect to Heron's Yerilla Nickel Cobalt Project. The Agreement provides for Shanshan to undertake a feasibility study into treating ore from Heron's Yerilla Project utilising technology being provided by Shanshan, to produce a nickel and cobalt concentrate for further processing in China.
View the Video Link here:
http://www.abnnewswire.net/multimedia/en/62734/Heron-Resources
ASX:HRR) MD Mathew Longworth With Brian Carlton at Symposium Resources RoadshowSince listing in August 1996, focus has been maintained on Nickel and nickel laterite; this strong focus resulted in the Kalgoorlie Nickel Project (KNP) ground position supporting a JORC combined resource of 908mt @ 0.74% nickel for 6.6 million tonnes of contained nickel.
As part of an 18 month worldwide business development review to acquire a near-term cash producer, Heron has secured an option on the A1 Gold Mine in eastern Victoria. The A1 Gold Mine historically produced some 450,000 ounces of gold prior to shutting in 1992 due to low gold price, high costs associated with antiquated mining practices and infrastructure, and bushfire damage to the plant. The A1 Gold Mine is an excellent near term production opportunity.
On 29 May 2009 Heron entered Framework Agreement with Ningbo Shanshan Co Ltd (
SHA:600884; Shanshan) with respect to Heron's Yerilla Nickel Cobalt Project. The Agreement provides for Shanshan to undertake a feasibility study into treating ore from Heron's Yerilla Project utilising technology being provided by Shanshan, to produce a nickel and cobalt concentrate for further processing in China.View the Video Link here:
http://www.abnnewswire.net/multimedia/en/62734/Heron-Resources
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About Heron Resources Limited
Heron Resources Limited (ASX:HRR) is an Australia-based resources development and exploration company. The Company is engaged in nickel mineral exploration and development through sole funded and joint venture activities, and the evaluation of various corporate opportunities in the resources industry.
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