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HRR on track with Woodlawn Zinc-Copper Mine

Energy, Industrial
ASX:HRR
07 May 2019 22:42 (AEST)

Woodlawn mine. Source: Heron Resources

Heron Resources Limited has commenced ore processing activities at its Woodlawn Zinc-Copper Mine in New South Wales.

The Woodlawn Project is one of the few new zinc projects in Australia which is fully-funded to production. The Company has started processing its reclaimed tailings from hydraulic mining operations at the full production, rate to help maintain a low-cost mining program.

The Woodlawn Project is expected to produce 40,000 tonnes of zinc, 10,000 tonnes of copper, 12,000 tonnes of lead, 900,000 ounces of silver and 4,000 ounces of gold over an initial mine life of nine years. Heron Resources is confident in its production capabilities, and highly prospective tenements at the project site.

“We are excited to have now achieved this significant milestone in the transition from explorer to producer with the processing of the first reclaimed tailing through the Woodlawn plant. Commencing operations is timely, and we look forward to taking advantage of continuing conditions in base metals markets as we ramp-up our operations,” Managing Director and CEO at HRR, Wayne Taylor, said.

With the timely commencement of its operations, the Company is well on track to participate in the pricing environment supported by a strong zinc physical market.

Please see the ASX announcement for further details

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