HEG Limited (ASX:HEG, HEGOC)

HEG Limited is an ASX-listed resource development and investment company with projects that have advanced development potential as drivers for share price growth.

 

High Purity Alumina Project

HEG has acquired 100% of the Pure Alumina Pty Ltd High Purity Alumina (HPA) Project, which has rich kaolin deposits on tenements near Ballarat, Victoria.  HEG has completed resource drilling of the initial deposit at Yendon, near Lal Lal and has outlined 3-4 times more kaolin than expected from previous drilling in the 1980s.  Resource estimation and metallurgical test work are underway and leading to the completion of a Preliminary Feasibility Study by early 2018. The market for HPA is in electronics, such as LED lighting and lithium batteries and is forecast to expand at 15-20% compound annual growth rate over the next six years.  HEG’s HPA Project is anticipated to produce a significant proportion of global HPA supply at low unit costs.

 

Gold Projects

The HEG gold projects in Australia are in the historically gold-rich region of Hill End – Hargraves in central New South Wales and have existing gold resources totalling 572,000 ounces.  Two advanced open pit projects of Red Hill and Big Nugget Hill have the potential for an initial production of 160,000 ounces of gold with a low cost gravity processing plant located at one of the project areas, which are approximately 35 kilometres apart.  Both open pit project areas are to have updated feasibility studies completed during 2017 and permitting activities and funding options are to be reviewed for development of the projects and maximising shareholder value.  

 

 

 

 

WHY INVEST IN HILL END GOLD

  • High value gold and high purity alumina (HPA) projects
  • HPA value linked to growth in LED and battery sectors
  • Studies underway to demonstrate enhanced value profile for HPA and gold projects
  • Aims to be a significant low cost global HPA supplier

 

OUR STRATEGY

  • Focus on HPA and gold project developmemnt
  • Increase asset value and share price
  • Acquire under-valued high potential projects
  • Advance high value projects to production
  • Develop internal cash flow to support rapid growth

 

Gold Price

Share Price Information

Our Stock Price

ASX:AUD 0.120  0.000 
OTC:USD 0.093  0.000 
Frankfurt:EUR 0.079  -0.001 
Berlin:EUR 0.083  0.006