Last A$0.14 AUD
Change Today +0.005 / 3.70%
Volume 8.4K
HRR On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
Toronto
As of 9:05 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

heron resources ltd (HRR) Snapshot

Open
A$0.14
Previous Close
A$0.14
Day High
A$0.14
Day Low
A$0.14
52 Week High
09/2/14 - A$0.22
52 Week Low
06/16/14 - A$0.11
Market Cap
50.5M
Average Volume 10 Days
341.5K
EPS TTM
A$-0.03
Shares Outstanding
360.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HERON RESOURCES LTD (HRR)

Related News

No related news articles were found.

heron resources ltd (HRR) Related Businessweek News

No Related Businessweek News Found

heron resources ltd (HRR) Details

Heron Resources Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for a range of commodities, including nickel, zinc, gold, and base metals. The company owns interests in the Woodlawn zinc-copper project located to the southwest of Sydney in New South Wales; and the Kalgoorlie nickel project located north of Kalgoorlie in Western Australia. It also holds various other base metal and copper-gold exploration properties located in the Lachlan Fold Belt of New South Wales. Heron Resources Limited is based in West Perth, Australia.

18 Employees
Last Reported Date: 09/26/14

heron resources ltd (HRR) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: --
Chief Financial Officer and Company Secretary
Total Annual Compensation: --
Executive Director and Member of Audit Commit...
Total Annual Compensation: A$321.1K
General Manager of Strategy & Business Develo...
Total Annual Compensation: A$261.5K
General Manager of Exploration
Total Annual Compensation: A$261.5K
Compensation as of Fiscal Year 2014.

heron resources ltd (HRR) Key Developments

Heron Resources Limited expected to report First-Half, 2015 results on February 28, 2015. This event was calculated by Capital IQ (Created on February 21, 2015).

Heron Resources Limited expected to report First-Half, 2015 results on February 28, 2015. This event was calculated by Capital IQ (Created on February 21, 2015).

Heron Resources Limited Provides Woodlawn Drilling Update and Reports High Grade Results from New Lisa Lens

Heron Resources Limited reported a significant intercept of high-grade massive sulphide grading approximately 18% Zn from the discovery hole drilled into the Lisa Lens. These results form part of the highly successful 2014-15 drilling program that will delineate new Mineral Resources to contribute to the on-going Preliminary Economic Assessment (PEA) for the planned Woodlawn Underground Project. The Phase I drill campaign has concluded with step-out holes being drilled to the north of the Kate Lens and directly to the south of the historic open-pit mine. Woodlawn is a high-grade, volcanogenic massive-sulphide (VMS) deposit, wholly-owned by Heron and located approximately 50 km northeast of Canberra and 250 km southwest of Sydney, in New South Wales, Australia. Assay results for diamond drill hole (DDH) WNDD0015 confirm 18.3m of pyrite dominant massive-sulphides containing a significant polymetallic intercept of: 4.2m @ 17.7% Zn, 1.6% Cu, 5.0% Pb, 1.1g/t Au, 28g/t Ag from a depth of 246m DDH WNDD0015 targeted a position directly to the north of two historic drill holes, W089 and W145, in an area postulated to contain an additional lens of mineralisation (Figure 1). The results of the historic holes include: 4.0m @ 4.9% Zn, 2.8% Cu, 2.3% Pb, 0.8g/t Au and 25g/t Ag from a 266m depth (W089) 4.0m @ 2.0% Cu from a 234m depth (W145). The result in WNDD0015 is highly encouraging and demonstrates the potential for Woodlawn to host relatively shallow high-grade mineralisation analogous to that historically encountered in the idled underground. Neighbouring DDH WNDD0017 targeted the predicted up-plunge direction of the new lens as follow-up to WNDD0015, however a late-stage dolerite intrusive body has displaced the target. DDH WNDD0017 was continued and intersected the D Lens, where an interval of 9.5m of massive sulphides was intersected (assays pending). Down-hole electro-magnetic (DHEM) surveying of WNDD0015 has been completed and preliminary modelling indicates good potential for extensions of the mineralisation both down-dip and along strike to the north and south. At this stage modelling suggests the centroid of the lens is positioned below the DDH WNDD0015 intercept, and explains the lack of mineralisation found in DDH WNDD0017 which penetrated the up-dip position. As shown in Figure 1, the modelled lens “plate” is smaller than the Kate Lens, but the excellent grade returned from WNDD0015 supports follow-up drilling. Lisa Lens is located within 100m of existing underground development. Phase I drilling at Woodlawn has now concluded. In addition to DDH WND 0015, DDH WNDD0018 tested the postulated northerly extension of the Kate Lens, and WNDD0020 was drilled to test at depth below the southern end of the Woodlawn pit where historic Jododex hole W024 intersected 15.7m grading 8.7% Zn, 0.9% Cu, 2.6% Pb, 1.0g/t Au and 71g/t Ag. There is limited follow up drilling in this area. The key results for these two holes are as follows: WNDD0018 intersected 2.2m of semi-massive sulphides, with minor base-metal sulphides from a 370m down-hole depth, indicating a potential position proximal to the limit of the Kate Lens mineralisation in the northern direction towards D Lens. WNDD0020 intersected a number of zones containing VMS-related moderate to intense sericite, quartz, pyrite alteration within the Woodlawn Volcanics, including a number of narrow (>1m) zones of remobilized zinc mineralisation (sphalerite) in quartz veins. DHEM is planned for both these holes to identify potential off-hole conductors. The results from the drilling program support Mineral Resource modelling, providing a key input into the Preliminary Economic Assessment due to be released in the first-half of 2015. The total diamond metres for the first phase program was 7,613m in 20 holes. In addition, some 770m of diamond drilling in 11 holes was undertaken for geotechnical assessment of the decline access route, which has now also been finalized.

Heron Resources Limited Reports Un-Audited Consolidated Earnings Results for the Half Year Ended December 31, 2014

Heron Resources Limited reported un-audited consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported revenue from continuing operations of AUD 726,000 compared to AUD 754,000, loss from ordinary activities before income tax expense of AUD 3,781,000 compared to AUD 2,560,000 and loss from ordinary activities after income tax expense of AUD 3,781,000 or AUD 0.01113 per basic and diluted share compared to AUD 2,560,000 or AUD 0.01012 per basic and diluted share for the last year. Net cash used in operating activities was AUD 1,248,000 compared to net cash from operating activities of AUD 68,000 and exploration and development expenditure was AUD 3,348,000 compared to AUD 2,119,000 for the last year.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HRR:AU A$0.14 AUD +0.005

HRR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Altona Mining Ltd A$0.10 AUD 0.00
Aurelia Metals Ltd A$0.26 AUD 0.00
Mincor Resources NL A$0.68 AUD -0.02
Poseidon Nickel Ltd A$0.14 AUD +0.005
Rex Minerals Ltd A$0.10 AUD +0.005
View Industry Companies
 

Industry Analysis

HRR

Industry Average

Valuation HRR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 36.4x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 14.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HERON RESOURCES LTD, please visit www.heronresources.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.