Rocky Gully Project
Reconnaissance RC drilling was recently completed at the Company's wholly owned Rocky Gully project located some 70 km north west of Albany, Western Australia. In the project area, previous exploration had identified disseminated nickel sulphides within proterozoic ultramafic intrusive rocks. While assay results are pending, the drilling has confirmed the presence of multiple ultramafic intrusive bodies with disseminated sulphide mineralisation present. The Company holds in excess of 1,200 km² of granted and pending tenements covering the province.
Marloo Dam Nickel/Base-Metals Project
A small drilling program was also recently completed at the Company's wholly owned Marloo Dam project, testing several coincident electro-magnetic and geochemical anomalies. Located some 5 km east of the Lanfranchi nickel mine, both nickel sulphide and copper-zinc mineralisation was targeted. Several sulphidic zones have been intersected in both sedimentary and ultra-mafic rocks indicating a fertile environment for mineralisation. Assays are currently pending, however, the rocks intersected provide encouragement for further drilling in this area.
Project Divestment and Generation
A number of non-core projects have been farmed-out during the year to third parties including: Kanowna South (gold) and Balladonia (mineral sands). Heron continues to manage and develop an extensive tenement portfolio in Western Australia through which several grass-roots projects are being nurtured through to a drill-ready stage.
