Heron Resources: EM Drill Targets Identified at Peelwood Project

Heron Resources (ASX:HRR) has reported that a number of drill ready EM anomalies have been identified at its Peelwood base metal project in New South Wales, Australia.

As highlighted in the press release:

• Review of Airborne Electromagnetic (AEM) data from 2014 resulted in several bedrock conductors being modelled.

• At the historic Cordillera Mine prospect; AEM conductors identified at-depth along strike from the old workings, grab samples from the prospect contain 16 percent zinc, 25 percent lead and 497 grams per tonne of gold, planning underway to drill these conductors targeting high-grade VMS style base metal mineralization.

• AEM conductors at the John Fardy and Peelwood mines are being assessed as potential additional drill targets.

As quoted in the press release:

Heron’s Managing Director Wayne Taylor said: “The AEM targets at Peelwood are an exciting kick start to exploration in this area. Our geophysical consultant is an expert at modelling such data and believes there are a number of untested, standout anomalies that warrant further testing within this VMS camp. The high-grade nature of the VMS mineralization at Cordillera, as confirmed by the recent grab samples, is encouraging and we are looking forward to getting a first phase of drilling into these anomalies as soon as possible. We are currently working through the standard procedural process to progress the on-ground assessment of these targets.”

Click here to view the full Heron Resources Limited (ASX:HRR) press release.