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Heron Resources Ltd - 06-Sep-04

Has entered into a letter agreement with Placer Dome Asia Pacific Pty Ltd to purchase the Big Four Prospect for an initial payment of $250,000 to purchase the nickel laterite resource.  A second  payment is to be made based on  the Indicated Mineral Resource above a 1% Ni cut-off grade which will  then entitle Heron to an unencumbered 100% ownership of the nickel rights at Big Four

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