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Heron pushes ahead with gold, PGM spin-off plans

HERON Resources Ltd has accelerated plans to spin-off its non-nickel assets into a new ASX-listed company, Avoca Resources Ltd, as its flagship Goongarrie project continues to yield some of the highest-grade exploration results seen in the Australian laterite industry.

Greg Tubby
Heron pushes ahead with gold, PGM spin-off plans

Heron plans to transfer to the new company 216 tenements in 23 projects and 15 joint ventures with an aggregate $9 million in farm-out expenditure, including the Mungari gold prospect along strike from...

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