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2000 Annual Report - Heron Resources Limited

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Operations Review<br />

2.0 Continued<br />

Table 1 - HERON RESOURCES NL<br />

Summary of 100%-Owned and Joint Venture Tenements<br />

DME<br />

Project Number of Tenements Area Expenditure<br />

Pending Granted Total km 2 $million<br />

Strategic Alliance 33 32 65 908 0.46<br />

<strong>Heron</strong> 100% - owned 76 37 113 1,756 0.52<br />

Subtotal 109 69 178 2,664 0.98<br />

Established Joint Venture 57 98 155 3,710 1.47<br />

Advanced JV Negotiations 53 28 81 3,038 0.43<br />

Oil Shale 35 7 42 5,506 0.05<br />

Subtotal 145 133 278 12,254 1.95<br />

TOTAL 254 202 456* 14,919 2.93<br />

* Includes 37 Mining Lease applications covering active Prospecting Licences and Exploration Licences.<br />

The <strong>Heron</strong> Philosophy<br />

The commodity emphasis for <strong>Heron</strong> is unequivocally Nickel Laterite,<br />

and the project emphasis is Goongarrie, followed by Ghost Rocks<br />

and Kalpini.<br />

The Company appreciates the assistance provided by the<br />

Gindalbie, Hampton Hill, Mount Vetters and Goongarrie stations in<br />

terms of field camp sites, drill site preparation and rehabilitation.<br />

These stations have a long established land care ethic, under which<br />

<strong>Heron</strong> works at all times. Bill Riddle, the retired Goongarrie<br />

pastoralist, has been a great help in allowing <strong>Heron</strong> to understand<br />

his former property.<br />

<strong>Heron</strong> is an equal opportunity employer, committed to the<br />

community of Kalgoorlie-Boulder. It supports Work for the Dole<br />

programs, and several Aboriginal training schemes. The Company<br />

is proud to be a long term sponsor of Ngunytju Tjitji Pirni Aboriginal<br />

Corporation (“NTP”), an organisation committed to Aboriginal mother<br />

and children’s health in the Eastern Goldfields.<br />

One of <strong>Heron</strong>’s environmental contractors is Karlkurla<br />

Environmental. Karlkurla started as a Work for the Dole<br />

program doing community environmental work around<br />

Kalgoorlie-Boulder, and has now developed into a commercial<br />

contractor. <strong>Heron</strong> was the first of its mining clients, and wishes<br />

Karlkurla every future success.<br />

Photo: Sanderson Drilling Pty Ltd, contractors for the<br />

Diamond Drilling. The quality of core recovered was<br />

very good and a tribute to the skills of Sandersons.<br />

<strong>Heron</strong>, as with all Australian mineral explorers, continues to work within the framework of Native Title. The Company<br />

is committed to a policy of cultural respect and negotiation with the Aboriginal custodians of our exploration land. To<br />

the claimants of this land and the Goldfields Land and Sea Council, we once again express our appreciation of their<br />

patient negotiation, and ongoing site clearance field work.<br />

Photo Strip: These mudcracks are in a sump which holds drill return water. This particular sump is at GSRC 363 and the<br />

mud assays over 1.2% Ni. The sump prevents saline ground water affecting nearby vegetation. Hole GSRC 363 was<br />

drilling ahead in high grade ore at 84m depth. The sump became full of ground water. Continued drilling would have<br />

placed nearby tan wattles at salt risk. The hole was thus stopped in high grade ore.<br />

‘Two Ways’ Krystal Foley “This is a painting of two sides of the desert and of the mine site.”<br />

page 8<br />

<strong>Heron</strong> <strong>Resources</strong> NL<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2000</strong>

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