Herencia Resources plc announced that further sampling at the Montenegro Mine, which forms part of the Pastizal Project and which lies immediately adjacent to the advanced Picachos Copper Project in central Chile, has identified widespread and high grade copper mineralisation grading up to 5.9% copper. The extensive sampling program using the hand held XRF analyser and undertaken by company geologists focussed on copper mineralisation currently being mined at the Montenegro Mine, located at in southern tenement area of the Pastizal property. Recent geological mapping and the sampling results have confirmed the existence of broad mineralised limestones that form high grade Cu-Ag veins and strata-bound mineralised units.

The limestone units, which reach up to 50 metres in thickness, appear structurally controlled by a combination of NW-SE and E-W shears. Surface XRF sampling returned multiple values over 2.0% Cu with a maximum of 2.8% Cu and Underground XRF sampling in the Montenegro mine confirmed the presence of a broad high grade manto zone which returned an average grade of 2.0% Cu and a higher grade of 5.9% Cu.