Helix Expands into West Pilbara with Strategic Gold-Lithium Acquisition
Helix Resources Limited (ASX: HLX) has secured a 50% interest in the Weerianna Gold–Lithium Project in Western Australia’s West Pilbara region, strengthening its exposure to both gold and lithium exploration opportunities. The acquisition includes the granted Mining Lease M47/223 and provides Helix with the right to acquire the remaining 50% interest in the future.
The Weerianna project is located near the high-profile Andover Lithium Project and sits within a rapidly emerging lithium corridor. Historical exploration identified lithium-bearing pegmatites with rock chip results reaching approximately 1.49% Li₂O, highlighting potential for further lithium discoveries. The project also hosts a historical inferred gold estimate of nearly 62,700 ounces at 2g/t gold, although Helix noted the estimate has not yet been verified as a current JORC-compliant resource. The company plans to undertake confirmatory drilling, geological studies, and exploration activities over the coming months to assess both gold extensions and lithium targets. Helix believes the project offers strong long-term growth potential due to its strategic location near existing infrastructure and major lithium developments in the Pilbara region.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Helix Expands into West Pilbara with Strategic Gold-Lithium Acquisition
Helix Resources Limited (ASX: HLX) has secured a 50% interest in the Weerianna Gold–Lithium Project in Western Australia’s West Pilbara region, strengthening its exposure to both gold and lithium exploration opportunities. The acquisition includes the granted Mining Lease M47/223 and provides Helix with the right to acquire the remaining 50% interest in the future.
The Weerianna project is located near the high-profile Andover Lithium Project and sits within a rapidly emerging lithium corridor. Historical exploration identified lithium-bearing pegmatites with rock chip results reaching approximately 1.49% Li₂O, highlighting potential for further lithium discoveries. The project also hosts a historical inferred gold estimate of nearly 62,700 ounces at 2g/t gold, although Helix noted the estimate has not yet been verified as a current JORC-compliant resource. The company plans to undertake confirmatory drilling, geological studies, and exploration activities over the coming months to assess both gold extensions and lithium targets. Helix believes the project offers strong long-term growth potential due to its strategic location near existing infrastructure and major lithium developments in the Pilbara region.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au