drill program28 Nov 2017 14:36
Has this started?
Non-Executive Chairman Peter Reeve today commented:
"We are pleased to confirm Herencia has signed this Mutual Agreement with CSA for the Pastizal project. Your company will start a 3000 metre Reverse Circulation drill program in October and overall geological assessment following the recent successful capital raising of US$1.2m in April 2017. As significant, Pastizal is adjacent to the Picachos tenements containing high grade intercepts including amongst others, 117 metres grading 1.14% copper. We have an enviable ground position in an established copper belt with easy access to port, infrastructure and skills. Both sites are mined by tribute private mining companies down to 50 metres establishing the acceptability of the copper ores as suitable feed for the local Government copper mill. Our exciting tenements lie within 10 kilometres of two major copper plants and within 30 kilometres of two copper plants to the south."