Heron Resources Ltd  ASX:HRR

Company

First Coverage

$ 0.105

05-May-16

Report Date Price
Growth Portfolio 05-May-16 $0.105

Overview

Heron Resources Ltd is engaged in the exploration and development of base and precious metal deposits in Australia.

Heron’s primary focus is on its 100% owned, high-grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, New South Wales, Australia. The last five years have seen Heron develop the Woodlawn Zinc-Copper Project from planning through to construction, commissioning and ramping up to commercial production. Construction activities commenced in September 2017 and were completed in the June 2019 quarter. Commissioning activities are completed and ramp-up proceeding with the first lead and zinc concentrate produced, transported to and shipped from Port Botany and Port Kembla in September and October. The first revenue from sales of concentrate was received in October 2019.

Heron Resources Ltd also holds a portfolio of advanced stage exploration tenements adjacent to and contiguous with the Woodlawn site covering the prospective felsic volcanic units that host the Volcanogenic Massive Sulphide (VMS) deposit at Woodlawn.

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Discover Undervalued Stocks with Wise-Owl
Join 1000s of investors who are following our expert stock insights and analysis for FREE
ErrorHere