Heron Resources (ASX:HRR) has intersected of massive sulphides...

Heron Resources (ASX:HRR) has intersected of massive sulphides in the first diamond hole into the Kate Lens at the high grade Woodlawn Zinc-Copper Project in New South Wales.

Reverse circulation drilling has also commenced on the up-dip projection of the A Lens while diamond core is being prepared, geo-technically logged and cut for assay, with results expected within 6 weeks.

The first diamond hole was completed at 425.5 metres targeting the northern strike extent of the Kate Lens and intersected 15.5 metres of predominantly massive sulphides between 373.6 to 389.1 metres, visually estimated to be 12 metres true width.

The intersection occurred on a northwest trend, 53 metres from the Kate Lens 2013 discovery hole at the same depth from surface.

The massive sulphide intercept comprised pyrite, sphalerite, galena and chalcopyrite, typical of the historically mined “Complex Ore”.

The hole will now be cased for downhole electromagnetic surveys that will assist in further defining the physical limits of the lens.

This new discovery continues to shape up as an attractive component of potential future underground development.

Woodlawn consists of the Woodlawn Underground Project that has total resources of 10.1 million tonnes at 10.2% zinc, 4% lead, 1.8% copper, 84g/t silver, and 0.6g/t gold; and the Woodlawn Tailings Retreatment Project that has Reserves of 11.2Mt at 2.2% zinc, 1.3% lead, 0.5% copper, 31g/t silver, and 0.3g/t gold.

Heron holds $36 million in cash and listed shares, and is capitalised at $60 million.