Company Information for Herencia Resources plc

AIM-HER

www.herenciaresources.com

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AIM; HER

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Company Statement

Herencia Resources plc is a mineral exploration and development company listed on the Alternative Investment Market (‘AIM’) of the London Stock Exchange with a primary focus on identifying resource opportunities in South America.

The Company has a number of highly prospective zinc-silver-lead and copper-gold project areas in northern Chile including the Paguanta zinc-silver-lead Project where a JORC compliant Inferred Mineral Resource was recently announced. Herencia aims to develop this potentially open pit project as well as to continue to identify further projects to generate future value for the Company.

The projects are strategically positioned in a stable political environment in good proximity to infrastructure, mining services, ports, transport, water and smelting facilities.

The Company has a very experienced management team with a background in project development, backed by major shareholder Mineral Securities.

Current Operations

PAGUANTA
In a short 10 month period, Herencia has gone from collaring its first drill hole, to announcing a 2.5 million tonne Inferred Mineral Resource at the Paguanta Project. The Company recently announced their maiden Inferred Mineral Resource of 2.51Mt at 4.1% Zinc, 1.3% Lead & 77g/t Silver (@ 2% Zinc cut-off).

The Paguanta Project, located on the northern end of the Chilean Porphyry Copper Belt, is approximately 150km east of the port of Iquique and 20 km south of a national highway. The project area consists of 12 exploration licences covering an area of 39 sq kms. The area is on the northern part of the main Chilean porphyry copper belt, which houses some of the world’s largest open-cast copper mines.

Within the Paguanta project area the main Patricia zone comprises a zinc-silver-lead mineralised system with a well-known silver mine last active in the 19th Century. The mineralisation appears open to the east toward the Refugio geophysical anomaly located approximately 1 km away.

The first ever diamond drill program undertaken at Paguanta was completed in December 2006. Of the 10 holes drilled into the Patricia zone, eight intersected mineralisation, four of which returned high Zn-Ag-Pb grades. The highest individual grades were 15.75% Zn, 447pm Ag and 5.58% lead (separate 1m samples). Surface rock chip sampling has extended the zone of anomalous mineralisation to the east by approximately 300m with best results of 504 and 498 g/t Ag.

A 5,889m reverse circulation (“RC”) drill program was then successfully completed in late August 2007 with 40 out of the 50 holes intersecting mineralisation, confirming the high grade zinc, silver and lead assay results achieved in the earlier diamond drill program. The results from this program were used to calculate the Inferred Mineral Resource:

	Total				Contained Metal
Zn % Cut Off	Tonnes	Zn	Pb	Ag	Zn Metal	Pb Metal	Ag
Zn % Cut Off	Mt	%	%	g/t	Tonnes	Tonnes	Moz
2	2.51	4.1	1.3	77	103,100	32,100	6.18
2.5	1.96	4.6	1.5	86	90,700	28,400	5.44
3	1.45	5.3	1.7	102	76,600	24,400	4.72
4	0.74	7.1	2.4	146	52,600	18,100	3.48

Herencia’s management team are now evaluating the resource report in detail and preparing a work program for the next 12 month period. The plans and targets for the next 12 months include both in-fill and step-out drilling, further geophysical work, upgrading the resource estimate, potentially increasing resource tonnages, a Scoping Study (to include mining and processing/metallurgical components), and the commencement of baseline environmental work on site.

The Company is planning an aggressive strategy to advance the Project toward potential development.

LA SERENA
The Company has commenced field investigations of several properties containing potential porphyry-copper targets north of La Serena in central Chile. The properties were previously identified for evaluation by Mineral Securities and have been introduced to Herencia as part of the Alliance between the two companies.

Geographical Spread

Chile - South America

Board of Directors and Key Management

Michael Bohm - Executive Director

Michael Bohm is a mining engineer having extensive experience in operations management, evaluation and project development in Australia, Northern Europe, SE Asia and North America. Michael has over 20 year’s minerals industry experience predominantly in the gold, nickel and diamond sectors in both open pit and underground mining environments.

His corporate experience includes previous directorships at Sally Malay Mining Limited in Australia (ASX) and Ashton Mining in Canada (TSE). He is currently the MD Asia Pacific for Mineral Securities.

Hon John Moore AO - Non-Executive Director and Chairman

The Hon John Moore AO holds a Bachelor of Commerce and Associate in Accountancy from the University of Queensland. John has had a distinguished career in Australian politics, he was the Minister for Defence, the Minister for Industry, Science & Tourism and Vice President of the Executive Council.

Prior to entering politics, John Moore was a stockbroker and member of the Brisbane Stock Exchange. He has served on the boards of many broking and banking related companies including Citinational Limited, Merrill Lynch (Aust) Pty Ltd and Grindlays (Aust) Pty Ltd. John is currently Non-Executive Deputy Chairman of Mineral Securities.

John Russell - Non-Executive Director

John Russell has over 30 years experience in Investment Banking. He was a member of the Australian Stock Exchange and a partner in Bain & Company. He has had 20 years experience in London and New York as head of Bain’s Branches in both cities. In 1992 Bain was acquired by Deutsche Bank AG and John continued as senior Director of Deutsche Bank Australia in Europe until the end of 1999.

Since retiring from Deutsche Bank John has been providing consulting services to smaller technology companies. John is Chairman of Henderson Far East Income Limited and Minster Pharmaceuticals Plc.

William Adamson - Non-Executive Director

Bill Adamson has a Bachelor of Engineering (Mining) from the Western Australian School of Mines, a Master of Engineering Science from the University of Queensland and a Doctor of Philosophy (Blasting Engineering) from the University of Queensland (JKMRC). Mr Adamson is currently General Manager at Austin Chile trading Limited and Senior Technical Manager at Austin Powder Inc, companies who supply explosive products and blasting technology to the mining sector.

Bill has 16 years experience in the South American Resources Industry. He previously worked in Chile for the explosive company Dyno Nobel and the engineering firm Signet and has lived with his family in Santiago for 12 of the last 16 years. He is a fluent Spanish speaker.

James Sinclair - General Manager – Chile

Jim Sinclair has a dual Honours Degree in Geology and Physical Geography from the Sheffield University and a Masters Degree in Sedimentology from Reading University. Prior to joining Herencia Jim was Country Manager with AngloGold Ashanti in Mongolia and was responsible for all exploration activities including personnel management, safety, budgeting, contractors, technical programmes, project generation activities and government/NGO liaison.Before that Jim was based in Australia with Anglo, being responsible for exploration and drilling activities in the Northern Territory and was involved with the discovery of the Coyote gold deposit.

Company Address

Level 22
77 St Georges Terrace
Perth, Western Australia, Australia 6000


Telephone:	+61 8 9325 8888
Facsimile:	+61 8 9325 8088
Email:	mbohm[at]herenciaresources.com
Website:	http://www.herenciaresources.com

Additional Information

Total Shares; 434,066,666

Annual General Meeting

15 October 2007 London

Year End

31 December

Nominated Brokers

WH Ireland Limited

Nominated Advisors

WH Ireland Limited

Broker/Analyst Reports

05/11/07 - Hoodless Brennan plc

Major Shareholders

Mineral Securities Limited	46%
Australian Heritage Group Pty Ltd	12%
Anglo Pacific	6%

Most Recent Statement

26/08/08 - New High Grade Diamond Drilling Results at Paguanta Project
19/08/08 - Latest Drilling Returns High Grades at Depth at Paguanta
22/07/08 - Latest Drilling Returns Multiple High Grade Intersections at Paguanta
01/07/08 - Positive Metallurgical and Drilling Results at Paguanta
13/05/08 - Drilling Commenced at Paguanta Project
04/04/08 - Porphyry-Copper Target Identified at Paguanta

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