Herencia Appoints Consulting Firm for Paguanta Project

8 October 2009 (Last Updated October 8th, 2009 18:30)

Mineral exploration company Herencia Resources has appointed resources consulting firm Runge for its Paguanta zinc-silver-lead-gold project, located in northern Chile. Runge will help plan and optimise the next drilling programme, which is expected to start early next year subject to f

Mineral exploration company Herencia Resources has appointed resources consulting firm Runge for its Paguanta zinc-silver-lead-gold project, located in northern Chile.

Runge will help plan and optimise the next drilling programme, which is expected to start early next year subject to financing.

Herencia hopes to target the high-grade extensions along the strike and down dip of the holes that provided high grade assay results during the earlier drilling programme.

Runge has been in charge of the project's mineral resource estimate activity to date.

Runge will also be responsible for assessing the significance of the comprehensive gold mineralisation within the present resource envelope.

To date the highest gold grade has been 1.56g/t in a 150kg bulk metallurgical sample and 4.57g/t in a drill hole, the company said.