Helix Resources Limited: Updates on Target Generation and Drilling Progress

Aug 24, 2023

Helix Resources Limited (ASX: HLX) shares significant progress in their pursuit of new copper discoveries in central NSW. Key highlights include the positive re-evaluation of the Bijoux Prospect on the Rochford Trend, revealing a substantial copper anomaly through new auger samples and assay data. This large-scale anomaly boasts high-tenor copper, accompanied by notable associations with elements like bismuth, silver, and molybdenite. Drawing parallels with the Canbelego Main Lode deposit, plans for drilling are in motion.

The Black Range target on the same trend has gained priority, with expanded historic underground workings and coherent multi-element anomalies. Meanwhile, diamond core drilling at the Fiveways prospect along the Collerina Trend is already underway. This aggressive target generation initiative showcases Helix's dedication to uncovering new copper resources.

 

 

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