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On bad news!!!! I thought they had started Drilling already what have they done for the last 6 weeks
is this right I am seeing 22 percent rise here
Excellent RNS & can see this moving towards 0.20p+ huge opportunity at these prices
A good morning so far :)
Previous drilling during 2015 in the adjoining Picachos tenements, which hosts the same mantos mineralisation as Pastizal, intercepted mineralisation in 28 of the 29 drillholes with broad zones of medium grade copper interspersed with high grade copper intercepts within the mantos zones. The full details of the 2015 drill program are set out in the annoucement dated 26 August 2015. One of the most interesting results of this style was drilled at the '40m Shaft' prospect (see Figure 1) where significant copper was intersected with; PP 14019 returning; 91 metres @ 1.42% copper and 13.5 g/t silver Including 20 metres @ 3.10% copper and 25.4 g/t silver Herencia expects this type of mineralised pattern to be found over several distinct areas in the tenement block http://www.rns-pdf.londonstockexchange.com/rns/3997Y_-2017-12-5.pdf Figure 1: High grade drill results at the 40m Shaft Prospect Another significant success in the field was at Picachos in 2014 (see announcement dated 18 December 2014) where Diamond Drill Hole (DDH) 14003 targetting the southern end of the Picachos deposit (see Figure 2) successfully drilled down the dipping manto for approximately 250m intersecting good copper grade mineralisation as follows; https://www.investegate.co.uk/herencia-resources--her-/rns/drilling-commences-in-chile/201712050832513997Y/
good call lifeoreilly
so here we go it is about time we woke up to the value that is here a crate company and a good producing mine
https://www.investegate.co.uk/herencia-resources--her-/rns/drilling-commences-in-chile/201712050832513997Y/ Following the recent geological review of Herencia's copper properties Herencia has planned the drilling program to test under the current mine workings at Pastizal, Montenegro and Pastizal Norte as shown in green outline in Figure 3. The geological review, conducted by Herencia's Geological Advisor, experienced international Geologist John Holliday, concluded that he believes significant upside exists for the discovery of further copper mineralisation if future drilling focuses on the 'main mineralised manto �. a cherty limestone at the base of a sedimentary sequence above a volcanic breccia'. Herencia is now testing that potential with this program. Commenting on the program Chairman Mr Peter Reeve said, "Following a period of intense restructuring and adjustment, Herencia Resources is now getting back to the basics of drilling and evaluating its very prospective copper properties. At a time of rising copper prices and refocus on the junior exploration sector, very little value has been ascribed to Herencia for these strongly mineralised tenements in a field which is proven for returning high grade copper drill results".
http://m.londonstockexchange.com/exchange/mobile/news/detail/13454108.html Already had it!
are moving this RNS due imo LOR
Drilling commences in chillie
HER Suddenly waking up? 0.08
when you get somebody like B H P looking for copper for there supply to make electric vehicles it just goes to show that there must be a shortage of copper to meat demand our mine could come in handy for people like them
so there is a shortage of copper in the world think we had better get our drill results in perhaps they would like our cooper and /who nose it is a grate company
https://thediggings.com/mines/usgs10069380 Map shows La Serena in the region where cobalt- copper -gold -silver-lead porhyrys are prominent in this coastal rich cobalt copper belt?
Cobalt ore is blue - ish
I'VE never heard of blue ore unless its lead or uranium, lol
some body still playing games they don't no blue ore witch read at least show witch is a buy ore a sell
thank you for the info so the copper is there plus ? I think it all depends how much and how ease it is to get out with new equipment it will be easer with new drilling equipment and cut costs to make it worth wile here is to the future
Dan that to me sounds credible, I would say they know its there but need to quantify it. Deeper means going deeper into pockets so if we can call it phase one for this then extract revenue from it then with more geological operations we may go deeper. just my thoughts
Reading the RNS - its there intention to drill where they are mining but to go to 250m, hoping to find more copper deeper Currently the mine is shallow pit (50m in terms of Copper mines are very shallow) even 250m isn't deep but we have to assume BOD know the geology to only warrant 250m, other companies across the globe for Copper / nickel etc drill can drill up to 3,000m,
That's it clumpet. definitely my 'buy'. 30-Nov-17 --15:50:12 -- 0.0672 --4,200,000 --Sell* 0.065 --0.07 -- 2,824 mms- gits
help needed cane some one tell me were they will be drilling will it be in the mine ore in open pits ore all over site want to do a bit of research on it thanks as there seams to be a lot of copper near our site