Reports

2009 Annual Report

Highlights

  • Option to acquire A1 Gold Mine in Victoria, a near production project
  • Binding Framework Agreement with Ningbo Shanshan Co Ltd on Yerilla Nickel Cobalt Project
  • Heron secures 100% management of Kalgoorlie Nickel Project following Vale Inco's withdrawal
  • Cash as at 30 June 2009 - $30 million
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A1 Gold Mine 1989, the last mill on site after 131 years of continuous operation. The site was rehabilitated during 1990 to 2000.

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The A1 Mill Site as it is today, clearly demonstrating the transient impact of mining. Modern mining and processing will have a small footprint, with progressive rehabilitation.

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Gold specimen from Moon Reef. An example of the high grade mineralisation mined previously. Reef mining will supplement the base load of stock-works which is planned to be the bread and butter of the operation.

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Sheeted and stock-works quartz veins within a 20 metre high ballroom and quarry face. Individual vein systems 2-5 metres thick, typical of the A1 quartz stock-works mineralisation style.