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Helix Resources Ltd.
Summary
| Project: | Collerina | |
|---|---|---|
| Deposit: | Collerina | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Gold | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Helix Resources Ltd. announces an Exploration/Drilling Update report for its Collerina deposit at the Collerina project. Drilling results incl. 16m @ 1% Cu, 0.7% Zn from 173m. Helix Resources Limited (ASX:HLX) (Helix or the Company) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mick Wilson (Internal) | |
| ABSTRACT: | Helix Resources Limited (ASX:HLX) (Helix or the Company) is pleased to announce initial results from the Phase 2 drilling program currently underway at the Collerina Copper Project in central NSW. The Phase 2 exploration program consists of three reverse circulation (RC) and three RC/DD drill holes. Three deeper RC/DD holes were planned to test for mineralisation in the Central Zone dip plane to a depth of approximately 300m from surface. DHEM undertaken on the RC pre-collars and a selected historic deep RC hole has produced a partially constrained EM conductive anomaly within the interpreted Central Zone dip plane. This conductive anomaly trend is being targeted with the currentdrill hole. Commenting on the initial results Helix Managing Director, Mick Wilson, said, “This is an excellent start to our drilling program at the Collerina Copper Deposit. A wide copper interval that expands the known extent of the Central Zone endowment to the east, combined with a drill hole currently underway targeting an open DHEM conductor position modelled down dip of the Central Zone delivers promise for the potential of the Collerina Copper Deposit.” | |
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