Heritage Gold is pleased to present its quarterly report for the period ended 31 March 2012.

Highlights:

• Scoping Study Review found the Talisman gold development has the potential to be highly profitable, with a net present value greater than A$150 million;
• Additional project development work and resource definition planned;
• Experienced senior mining engineer, Mr Paul Griffin, appointed to oversee project;
• Major corporate restructuring, capital raising and board changes announced since end of March quarter.

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