Heron Updates Investors on Woodlawn Zinc-Copper Project in Quarterly Report
Heron Resources has released its quarterly activities statement detaining progress at the Woodlawn zinc-copper project and exploration in the region around the New South Wales mine.
Heron Resources (ASX:HRR) has released its quarterly activities statement detaining progress at the Woodlawn zinc-copper project and exploration in the region around the New South Wales mine.
According to Heron, the company spent the quarter focusing on developing the project, which has first production estimated for late 2018 or early 2019.
As quoted in the press release:
The last 36 months have seen Heron directing its efforts to developing the Woodlawn zinc-copper project with the successful completion of a preliminary economic assessment in 2015, followed by the feasibility study in June 2016 and the completion of project financing in September 2017. Construction activities commenced in September 2017 and the project is expected to start commissioning late in the fourth quarter 2018. The price outlook for all metals to be produced at Woodlawn, while seeing some recent volatility, remains strong, particularly zinc which continues to face a significant supply shortfall.
Click here to read the full Heron Resources (ASX:HRR) press release.
