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Heron Resources Limited Ordinary Shares

Exchange: TSX Exchange | Feb 17, 2018, 10:16 PM EST

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Heron Awards Port Contract for the Woodlawn Zinc-Copper Project

Sydney, Australia, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Heron Resources Limited (ASX:HRR TSX:HER, “Heron” or the “Company”) is pleased to announce that it has awarded the port services contract for its wholly-owned Woodlawn Zinc-Copper Project (“Project”) located near Tarago, 250km southwest of Sydney, New South Wales, Australia, to Port Kembla Gateway Pty Ltd (“PKG”), an Australian owned and operated private company.

PKG was established in the 1980s to service the previous operations at the Woodlawn Mine. Facilities now comprise a 2-berth jetty, ancillary storage sheds and buildings, hardstand areas, ship loading and unloading equipment, and general equipment for the handling and temporary storage of cargo. PKG currently provides storage and handling services for the export of copper concentrates from NSW mines, as well as other bulk commodities.

The port services contract encompasses provision of receival, storage and shiploading services for 100% of the zinc and copper concentrate products produced from the Woodlawn Project for a period of five years with an option to extend beyond this initial term.

Under the contract, zinc and copper concentrates will be transported from the mine site by road to PKG’s facilities in the Outer Harbour, Port Kembla, where they will be unloaded into sheds specifically designed for the safe and weathertight storage of mineral concentrates, and warehoused in preparation for shipping.  Loading of the concentrates for bulk shipment is then achieved via an enclosed conveyor belt system to the shiploader located on the jetty.

Port Kembla Gateway’s Managing Director, Mr Doyle Cook said of the contract award:

“Port Kembla Gateway welcomes Heron as the latest base metals producer in New South Wales, and is delighted to be able to provide a cost effective, safe and environmentally responsible solution for Heron to deliver their zinc and copper concentrates in bulk to export markets. The port services contract delivers a significant increase in movements through Port Kembla Gateway, eventually lifting our concentrate movements by more than 25%, which will have flow-on benefits for the Port and the local community.”

Figure 1: PKG Facilities at Port Kembla Outer Harbour. http://www.heronresources.com/tsximages/20180205/050218_fig1.jpg 

Figure 2: PKG Concentrate Storage Sheds at Port Kembla Outer Harbour. http://www.heronresources.com/tsximages/20180205/050218_fig2.jpg 

About Heron Resources Limited:

Heron’s primary focus is the development of its 100% owned, high grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, New South Wales, Australia.  In addition, the Company holds a significant high quality, gold and base metal tenement holding regional to the Woodlawn Project.

For further information visit www.heronresources.com.au or contact:
Australia:
Mr. Wayne Taylor
Managing Director and Chief Executive Officer
Tel: +61 2 9119 8111 or +61 8 6500 9200	
Email: heron@heronresources.com.au

Canada:
Tel: +1 647-862-1157 (Toronto)

Follow us on Twitter:  @Heron_Resources
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