security1
- 23 Apr 2009 09:58
4-5P
champagne ronny
- 31 Aug 2010 08:53
- 5 of 46
got in this am, news due in september should be terrific i'm hearing.
rodspotty
- 10 Sep 2010 11:06
- 6 of 46
Up 30% this morning with over 10% of the shares in issue being churned over in the first 2 hours of trading.
High Copper and Silver Grades Confirmed at 'Doris'
TIDMHER
RNS Number : 4797S
Herencia Resources PLC
10 September 2010
?
Herencia Resources plc
High Copper and Silver Grades Confirmed at 'Doris'
(Paguanta Project in Northern Chile)
Highlights:
� Further surface sampling at 'Doris' prospect confirms recent high grade
assays
� Copper assays up to 3.3% copper
� Silver assay up to 617g/t silver (19.8 oz/t)
� Copper result also returned from a surface sample to the west of La Rosa
Herencia Resources Plc (AIM: HER) is pleased to advise the confirmation of high
grade surface copper and silver assay results from further sampling at the
'Doris' prospect at its Paguanta Project in northern Chile. The high grade assay
results were obtained from 'rock-chip' sampling over a distance of approximately
750m, and included the area previously sampled and announced to the Market on 12
August 2010. The results are tabled below:
Table 1: Surface sampling assay results
+-----------+-----------+----------+-----------+----------+
| Sample | Northing | Easting | Copper | Silver |
| no. | | |Grade (%) | Grade |
| | | | | (g/t) |
+-----------+-----------+----------+-----------+----------+
| 813067 |7 811 952 | 493 584 | 0 | <0.2 |
+-----------+-----------+----------+-----------+----------+
| 813068 |7 811 952 | 493 854 | 0 | 1 |
+-----------+-----------+----------+-----------+----------+
| 813069 |7 811 971 | 493 570 | 1.4 | 61 |
+-----------+-----------+----------+-----------+----------+
| 813070 |7 810 771 | 495 697 | 1.0 | 159 |
+-----------+-----------+----------+-----------+----------+
| 813071 |7 810 768 | 495 700 | 1.6 | 151 |
+-----------+-----------+----------+-----------+----------+
| 813072 |7 810 769 | 495 703 | 0.9 | 131 |
+-----------+-----------+----------+-----------+----------+
| 813073 |7 810 496 | 495 753 | 1.8 | 88 |
+-----------+-----------+----------+-----------+----------+
| 813074 |7 810 492 | 495 754 | 1.7 | 265 |
+-----------+-----------+----------+-----------+----------+
| 813075 |7 810 817 | 495 670 | 2.2 | 290 |
+-----------+-----------+----------+-----------+----------+
| 813076 |7 810 809 | 495 681 | 1.6 | 115 |
+-----------+-----------+----------+-----------+----------+
| 813077 |7 810 826 | 495 706 | 2.6 | 617 |
+-----------+-----------+----------+-----------+----------+
| 813078 |7 810 812 | 495 712 | 3.3 | 379 |
+-----------+-----------+----------+-----------+----------+
| 813079 |7 810 806 | 495 713 | 2.3 | 237 |
+-----------+-----------+----------+-----------+----------+
All samples assayed by ALS La Serena 1kg 85% passing 75 micron HF-HNO3 - HClO4
digest
AAS AA26 ore grade finish DL - Pb 0.01-30%, Zn 0.01 -30%, Ag 1-1500ppm,
Sample ID co-ordinate grid is PSAD56 UTM Zone 19S.
In addition to the above results, two lead assays of 1.57% and 1.64% were
returned from samples 813070 and 813071 respectively. Of note is that sample
813069, which returned 1.4% copper and 61g/t silver, was taken on the western
edge of the La Rosa porphyry copper target.
Commenting on the results, Managing Director Michael Bohm stated:
"It is pleasing to confirm the recent high grade copper and silver surface
assays at the 'Doris' prospect. We will be looking to follow-up with a
systematic mapping and sampling program at Doris over the next two or three
months to further investigate this very significant copper target.
Our immediate focus, however, is to complete all technical work to allow us to
finalise and announce an updated Mineral Resource Estimate ("MRE") for Paguanta.
We expect to receive the completed drill hole database early next week, which
will allow our Geological Consultants to update the MRE and complete their QA/QC
protocols. We anticipate announcing the 2010 Mineral Resource Estimate by month
end.
We also expect to release the results of our Dense Media Separation ("DMS") test
work during September, so it will be a busy month for us here at Herencia."
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. Both Mr
Bohm and Mr Valverde have consented to the inclusion of the material in the form
and context in which it appears.
Enquiries:
+----------------------+-----------------------+------------------+
| Herencia Resources | Michael Bohm | +61 8 9211 0600 |
| plc | | |
+----------------------+-----------------------+------------------+
| WH Ireland Limited | Katy Mitchell | +44 161 832 2174 |
+----------------------+-----------------------+------------------+
| City Profile | Simon Courtenay | +44 207 448 3245 |
+----------------------+-----------------------+------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
Rodders
rodspotty
- 10 Sep 2010 12:34
- 7 of 46
Now up 57%!!!!
Rodders
Balerboy
- 10 Sep 2010 13:33
- 8 of 46
bought in for the ride, good rns's
Herencia Resources shares jump 36%
StockMarketWire.com
Shares in Herencia Resources jumped by nearly 36% after the Chilean mining group said that assay results had confirmed high copper and silver grades at the Doris prospect.
By late morning the mid-market share price had moved up 0.29p to 1.1p
Story provided by StockMarketWire.com
Balerboy
- 10 Sep 2010 13:42
- 9 of 46
Hopefully more news next week :
Managing director Michael Bohm said: "It is pleasing to confirm the recent high grade copper and silver surface assays at the Doris prospect.
"We will be looking to follow-up with a systematic mapping and sampling programme at Doris over the next two or three months to further investigate this very significant copper target.
"Our immediate focus, however, is to complete all technical work to allow us to finalise and announce an updated mineral resource estimate for Paguanta.
"We expect to receive the completed drill hole database early next week, which will allow our geological consultants to update the MRE and complete their QA/QC protocols."
ravey davy gravy
- 10 Sep 2010 14:53
- 10 of 46
I've been informed from a friend that the regular pump and dump squad
from advfn are all over this, hence if you wait a few days it will be back
under 1p, suicidal to chase 9 times out of ten in these pump and dumps,
one carries on climbing, maybe Her but i wont take the risk, i looked at
the results 2 mins after they came out at 0.81p offer and nothing made
me want to buy them then so i aint paying 1.35p for them now, some
volume though.
rodspotty
- 10 Sep 2010 16:37
- 11 of 46
230 million shares traded today..... a wopping 25% of the issued share capital has changed hands......that is one hell of a ''pump and dump''....gravy my friend....lol
Rodders
ravey davy gravy
- 10 Sep 2010 17:33
- 12 of 46
I agree amazing volume but i bet it was swollen with day traders who probably
traded it at least 5-10 times today and with it 1p it's always going to swell the
volumes.
O/T....whatever happened to Kdc then, do you think he still posts under a
new name on the quiet ?
rodspotty
- 11 Sep 2010 06:56
- 13 of 46
Ah a ghost from the past, last seen wandering the delapidated empty corridors of TAD HQ in Cambridge.
Rodders
robertalexander
- 11 Sep 2010 21:49
- 14 of 46
small bit in the times today as 'tiddler to watch'
Balerboy
- 12 Sep 2010 16:34
- 15 of 46
From Proactiveinvestor.
Herencia highlighted that one of the samples grading 1.4% copper and 61g/t silver was taken on the western edge of Paguantas La Rosa porphyry copper target. Additionally, two samples also contained lead at grades of 1.57% and 1.64%.
Bohm said that September is a busy month for Herencia, emphasising that the immediate focus is on the completion of Paguantas updated Mineral Resource Estimate (MRE).
We expect to receive the completed drill hole database early next week, which will allow our Geological Consultants to update the MRE, Bohm said.
We anticipate announcing the 2010 Mineral Resource Estimate by month end.
The results of Dense Media Separation (DMS) testwork is also expected later this month.
Late yesterday the company reported its interim results for the six months to 30th June 2010.
Herencia highlighted its swift advancement of Paguanta, with 5,500m drilling programme completed during the period.
John Moore, Herencia chairman, said the timing of Paguantas development is set to take advantage of higher commodity prices.
We believe the Paguanta Project will continue, as it has during 2010, to deliver positive news flow for the company and we remain confident that increasing zinc and lead prices forecast by some analysts will eventuate, as this could coincide with Paguanta coming on stream.
As such, the company plans to begin a feasibility study during the 4th quarter of 2010.
In reference to the successful drilling programme, Moore highlighted: Almost immediately, we achieved success in identifying a new high grade mineralised vein.
The drilling was concluded at the end of June.
The high grade assay results announced to the market support, yet again, our firm belief that Paguanta is shaping up as a near term mine development opportunity for the company, and one that has significant potential upside, Moore said.
What continues to greatly encourage us is that after four drilling campaigns the mineralisation still remains open along strike (in both directions) and down dip.
We continue to intersect high grades at depth, we are still encountering new high grade veins, and gold continues to be reported in nearly every new hole drilled.
Balerboy
- 13 Sep 2010 08:29
- 16 of 46
Good start to day with good volume and nearing 2p.,.
Balerboy
- 13 Sep 2010 10:28
- 17 of 46
lot of interest here ....93mil trades.,.
Balerboy
- 14 Sep 2010 16:23
- 18 of 46
seems to have held at 1.6p will wait for more news.,.
myownmoney
- 14 Sep 2010 17:32
- 19 of 46
Balerboy, any idea when the news update?.
I like this share, got a good chunk of it.
robertalexander
- 14 Sep 2010 20:06
- 20 of 46
now in for free. had a stoploss for 1.39 trigger and took some profit at 1.75 y/day. will wait and see if the SP falls back a bit and top up before the news comes. as its up over 100% on last week i am not going chasing the SP. GLA
Alex
Balerboy
- 15 Sep 2010 07:54
- 21 of 46
according to last rns, next week. BB
Balerboy
- 17 Sep 2010 08:11
- 22 of 46
This rns is fantastic, can expect a lot more from sp imo.
"This upgrade is a major milestone for the Company and the Project. Of particular importance is that we have seen a substantial uplift in grade which, when combined with the additional tonnage, results in a significant increase in metal content.
Furthermore, we remain excited by the exploration potential of this deposit. Even after the completion of this year's drill program, we have yet to close off the high grade mineralised veins. Indeed, we have discovered new veins, which leave the newly expanded resource open to further extensions.
Our goal of moving the Paguanta Project toward development remains a priority. Based upon results from the 2008 Scoping Study the Company anticipates a mining and processing operation with an initial Stage One mine life of up to five years. This criteria will form the basis of a proposed Feasibility Study. A decision to commit to this study will likely be made during 4Q2010.
The Project team is to be congratulated for successfully achieving all its targets at Paguanta this year, both on time and on budget. We see Herencia as being in a very fortunate position. We have an advanced zinc-lead-silver-gold Project, coupled with a potentially high grade copper-silver opportunity, both positioned on the same tenement block and located in one of the world's leading mining regions."
sometimeslucky
- 22 Sep 2010 10:59
- 23 of 46
Got a good feeling that the new board members will transform this company within a few months.
bigwavedave
- 11 Oct 2010 21:46
- 24 of 46
WH Ireland: Speculative buy.
http://www.herenciaresources.com/_content/documents/414.pdf