2000 Annual Report - Heron Resources Limited

Operations Review
2.0 Continued
Goongarrie South Prospect
During 2000, Heron completed 598 RC drill holes at Goongarrie South for 30,379 metres. Significant intercepts include:
Table 6 - GOONGARRIE SOUTH PROSPECT
RC Drilling Significant Intersections, 0.75% Ni Cut-off
Hole No. North East From To Interval Ni Co Ni4Co Ni4Co%*
m m m m m % % % x m
GSRC043 68,400 2,790 11 23 12 1.53 0.399 3.13 37.51
GSRC049 70,800 2,560 6 10 4 0.96 0.827 4.27 17.08
17 39 22 1.04 0.070 1.32 29.04
GSRC056 64,398 4,241 18 40 22 1.16 0.094 1.54 33.79
GSRC057 64,397 4,324 14 40 26 1.25 0.069 1.53 39.68
GSRC063 63,606 4,166 19 26 7 1.56 1.401 7.16 50.15
GSRC160 71,199 2,401 9 17 8 1.12 0.051 1.32 10.56
21 45 24 1.32 0.146 1.90 45.70
GSRC165 70,397 2,321 19 23 4 0.93 0.038 1.08 4.33
33 69 36 1.38 0.038 1.53 55.15
GSRC197 68,798 3,040 34 52 18 1.52 0.289 2.68 48.17
GSRC198 68,798 3,122 24 61 37 1.01 0.084 1.35 49.80
GSRC200 68,398 3,121 15 35 20 1.20 0.159 1.84 36.72
GSRC204 68,004 2,801 20 41 21 1.23 0.431 2.95 62.03
GSRC259 68,239 2,721 11 37 26 1.34 0.191 2.10 54.70
GSRC276 68,478 2,640 16 39 23 1.20 0.236 2.14 49.31
GSRC309 68,719 3,043 24 71 47 1.43 0.228 2.34 110.07
GSRC317 68,879 2,960 28 66 38 1.27 0.298 2.46 93.56
GSRC318 68,881 3,040 20 54 34 1.33 0.043 1.50 51.07
GSRC319 68,878 3,123 20 60 40 1.22 0.156 1.84 73.76
GSRC330 69,040 2,718 38 60 22 1.41 0.141 1.97 43.43
GSRC335 69,038 3,121 17 53 36 1.22 0.133 1.75 63.07
GSRC336 68,958 3,120 19 42 23 1.01 0.084 1.35 30.96
GSRC340 69,117 2,641 29 49 20 1.42 0.296 2.60 52.08
GSRC346 69,119 3,119 13 45 32 1.40 0.142 1.97 62.98
GSRC354 69,280 3,038 26 62 36 1.40 0.126 1.90 68.54
GSRC355 69,278 3,120 21 43 22 1.20 0.098 1.59 35.02
GSRC358 69,360 2,640 19 58 39 1.06 0.078 1.37 53.51
GSRC362 69,359 2,960 21 45 24 1.17 0.096 1.55 37.30
GSRC363 69,360 3,040 34 84 50 1.37 0.203 2.18 109.10
GSRC377 68,241 3,280 23 37 14 1.67 0.179 2.39 33.40
GSRC379 69,281 2,401 27 58 31 1.05 0.055 1.27 39.37
GSRC399 68,080 2,882 29 60 31 1.26 0.043 1.43 44.39
GSRC413 63,678 4,322 19 44 25 1.07 0.134 1.61 40.15
GSRC420 63,757 4,322 26 56 30 1.11 0.139 1.67 49.98
GSRC440 64,160 4,001 23 40 17 1.25 0.138 1.80 30.63
GSRC462 64,560 4,321 4 28 24 1.12 0.093 1.49 35.81
GSRC477 67,520 3,040 35 63 28 1.07 0.059 1.31 36.57
GSRC529 68,160 3,360 21 41 20 1.24 0.072 1.53 30.56
GSRC562 69,440 2,320 18 40 22 1.23 0.232 2.16 47.48
GSRC571 69,440 3,040 37 60 23 1.22 0.085 1.56 35.88
GSRC577 69,520 2,480 21 37 16 1.30 0.257 2.33 37.25
GSRC594 69,680 2,880 19 40 21 1.42 0.040 1.58 33.18
GSRC604 69,760 2,720 18 40 22 1.18 0.098 1.57 34.58
GSRC626 69,920 2,640 36 53 17 1.43 0.147 2.02 34.31
GSRC637 70,080 2,800 40 64 24 1.19 0.082 1.52 36.43
* ”Ni4Co% x m” for a drill intercept is the value of %Ni plus 4 times %Co of the interval multiplied by the intercept in metres.
Given that in Nickel Laterite, a value of 15 for Ni4Co% x m is considered a good result, the values returned at Goongarrie
South are exceptional. It is important to note the areal extent of the above intercepts, 7.52 km N-S by 2.00 km E-W.
Photo Strip: The drill samples are collected from the drill rig in polyester bags. Within a month of drilling, once
Heron has completed all analyses, the ore sample is tipped out in sequential rows on the ground, and the polyester bags
removed from site.
‘Bill’s Mine’ Marika Smith “Around the mine are some plants and trees.
The colour of the earth at the mine was green, yellow, grey and purple.”
page 14
Heron Resources NL
Annual Report 2000