Herencia Resources plc is a multi-commodity resources company listed on the Alternative Investment Market (‘AIM’) of the London Stock Exchange with a primary focus on developing its high quaity Projects in Chile. Herencia has been operating in Chile for over 8 years and is a well-established company in the Chilean resources sector with its main office in Santiago.
Herencia's focus is on bringing the Picachos Copper Project into production as soon as possible. The project presents an opportunity to fast track open pit development with a proposal for high grade ore to be toll-treated through one of a number of processing plants all located within a 40km radius of the Picachos mine, thus significantly reducing both capital costs and permitting timelines.
Herencia has also positioned itself to be able to advance the Paguanta Project (zinc-silver-lead) toward development in parallel with forecast improvements in the zinc price. Herencia has in addition acquired an exciting tenement package over a potential porphyry copper target immediately adjacent to Paguanta.
At its Guamanga Project (copper-gold), Herencia is seeking a joint venture partner to advance the project, and at its La Serena tenement package Herencia has signed an option agreement with a third-party to divest itself of the asset and has received the first payment due under the option agreement.
With shareholders including the global zinc group Nyrstar out of Zurich, Shining Capital Management out of Hong Kong, and the Lind Partners in New York, Herencia is looking forward to moving into the producer ranks as quickly as possible.
Website last updated: March 2015