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Herencia falls on its Picachos

Looking for an example of how tough it is to finance exploration? Go no further than Herencia Resources and the actions it has been forced to take at its once hot Picachos copper project in Chile.

Herencia falls on its Picachos Herencia falls on its Picachos Herencia falls on its Picachos Herencia falls on its Picachos Herencia falls on its Picachos

Herencia and its Picachos copper project have some dark times ahead

This week, the AIM-listed firm was forced to sign an option agreement with private Chilean mining company, Next Minerals.