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Helix Resources Ltd.
Summary
| Project: | Collerina | |
|---|---|---|
| Deposit: | Collerina | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 3/24/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-3-2020: Helix Resources Ltd. announces an Exploration/Drilling Update report for its Collerina deposit at the Collerina project. Drilling results incl. 4m @ 3.18% Cu, 0.4g/t Au from 218m. Helix Resources Limited (ASX:HLX) (Helix or the Company) is plea | |
| Resources: | (Resource, I+I): 2.02Mt @ 2.03% Cu, 0.1ppm Au | |
| CP/QP: | [Overall Report]: Michael Wilson (Internal) | |
| ABSTRACT: | Helix Resources Limited (ASX:HLX) (Helix or the Company) is pleased to announce a drilling update from its flagship, 100%-owned Collerina Copper Project in central NSW, Australia. Helix’s 100%-owned Collerina Copper Project is located in the highly active copper/gold mining and exploration district known as the Cobar Basin, within central NSW, Australia. The Collerina Copper Project comprises a tenement package in excess of 1,500km2, including over 85km of copper-prospective trend. It is surrounded by multiple operating base metal and gold mines within the broader Cobar Basin (Tritton, Hera, Peak, CSA; refer Figure 3). The Central Zone deposit is an internally generated, high-grade copper discovery within the Collerina Copper Project. High-grade results from previous drilling of the Central Zone deposit include: 11m at 6.6% Cu, 12m at 5.0% Cu, 14m at 4.0% Cu and 10m at 3.7% Cu¹. | |
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