Heron Resources Ltd. Announces Appointment of Chief Operating Officer

Sydney, Australia (FSCwire) - Heron Resources Ltd. (Heron or the Company) is pleased to announce the appointment of Mr Andrew Lawry as Chief Operating Officer (COO), commencing 22 June 2015.

As COO, Mr Lawry will be responsible for the development and operation of the Woodlawn Zinc-Copper Project (Woodlawn Project) in New South Wales.  

Initially, Mr Lawry will oversee completion of the Woodlawn Feasibility Study, including final plant design, followed by final site preparations, construction and commissioning ahead of commercial production.

Mr Lawry brings more than 28 year’s experience in project management, engineering, construction, commissioning and operations, both in Australia and overseas.  He has worked for several leading resource companies including Polymetals, Newcrest and engineering firms Bateman, Normet and Q-Proc.  Notably, Mr Lawry managed, from construction through to operation, the successful retreatment of the Hellyer base metal tailings project in 2006 in western Tasmania. With this experience he is well qualified to lead the successful development of the Woodlawn Project which comprises the retreatment of tailings in combination with an underground mining development.    

Commenting on the appointment, Heron’s Chief Executive Officer, Wayne Taylor said:

“This is a significant appointment for Heron and demonstrates momentum at an important time in the development of the Woodlawn Project.  We are extremely pleased to have secured the services of Andrew – his extensive management experience will be invaluable as we finalise the Woodlawn plant design ahead of awarding contracts. Under the Company’s staged approach, development of the Woodlawn Project is currently planned to commence later this year with the construction of the 1.5Mtpa processing plant and the commencement of tailings retreatment, followed by the high grade Woodlawn Underground Project as soon as practicable once the Feasibility Study is concluded.”

Mr Lawry’s appointment is another important step in the process to develop the Woodlawn Project and follows the recent release of the completed Preliminary Economic Assessment which demonstrates the robust economics and quality of the project.

About Heron Resources Limited:

Heron is engaged in the exploration and development of base and precious metal deposits in Australia.  Heron’s projects include the high-grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, and a number of other high quality exploration properties located in the Lachlan Fold Belt, New South Wales.  In addition the Company holds the Kalgoorlie Nickel Project located north of Kalgoorlie, Western Australia.

For further information, please 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

Jon Snowball

FTI Consulting

+61 2 8298 6100 or 0477 946 068

jon.snowball@fticonsulting.com

Canada:

Tel: +1 905 727 8688 (Toronto)

Forward-Looking Statements:

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology.  Forward-looking statements and information are not historical facts, are made as of the date of this press release, and include, but are not limited to, statements regarding discussions of future plans, guidance, projections, objectives, estimates and forecasts and statements as to management's expectations.  These forward looking statements involve numerous risks and uncertainties and actual results may vary. Important factors that may cause actual results to vary include without limitation, certain transactions, the successful completion of a Feasibility Study within the next 12 months, the timing and receipt of certain approvals, changes in commodity and power prices, changes in interest and currency exchange rates, risks inherent in exploration results, timing and success, inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), changes in development or mining plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials, equipment and third party contractors, delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), political risk, social unrest, and changes in general economic conditions or conditions in the financial markets.  Information concerning Mineral Reserve and Mineral Resource estimates also may be considered forward-looking statements, as such information constitutes a prediction of what mineralisation might be found to be present if and when a project is actually developed. The actual results or performance by the Company could differ materially from those expressed in, or implied by, any forward-looking statements relating to those matters.  Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company.  Except as required by law, we are under no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

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