now what, page-16

WHY HELIX IS AN ATTRACTIVE INVESTMENT

- They just discovered massive sulphides (0.45m) at Blanco Y Negro in Chile within a copper, gold and molybdenum intercept of 19.45m.
- Mark Creasy’s Yandal Investments Pty Ltd owns 10.35% of the company. Mark Creasy is a very successful prospector who has backed winners in the past (just look at Sirius Resources) and tends to have a good sense for backing future prospective companies.
- They have plenty of cash ($3.7m), with more instalments on the way ($2.75m for the sale of the Olary Magnetite Project). There are also 36 million in the money options exercisable at $0.015 on or after September 2014 ($0.54m).
- They have plenty of projects in stable economies (Chile and Australia) to progress including high rewarding copper porphyry projects. Some projects already have established gold and copper resources.
- There are only around 204m shares on issue, which means this share is tightly held by sophisticated investors and directors and could fly on more positive news.

WHERE I WOULD LIKE TO SEE HELIX HEAD

Helix drilled 2 diamond holes at Blanco Y Negro in late December 2012 and reported assays in early March 2013. I would like to see faster turnaround times to foster more shareholder interest.

The JV approach can lead to a loss in the value of discovered assets. I would like to see management own 100% of its core assets rather than allowing others to contribute and gain value if exploration is successful.

PENDING NEWS

Canbelego Mine Prospect (NSW):
- “Recent EM surveys have defined a large EM conductor below the Cu workings (and defined Cu resource) at the Canbelego Mine Prospect. Following the recent successes in the Cobar district (Avoca Tank and Mallee Bull), planning and approvals are being sought for drilling late 1Q13 aiming to intersect the co-incident EM-plate and the down-plunge high grade positions below Canbelego workings. Down hole EM will be used to target future drilling.”

Infill auger sampling following up the highly encouraging drilling from the recent greenfields discovery at the Boundary Prospect (HRRC091 – 70m @ 1.1g/t Au from 23m), as well as closing off several large open-ended anomalies (Sunrise North-East, Amity’s and Battery Tank) is expected to be completed 1Q13, which will assist in planning the next phase of drilling in the goldfield.”

Blanco Y Negro (Chile):
- Helix plans to fund the next 2000m drilling program after field mapping and sampling to identify strike and down dip potential following a significant drilling intercept. News could be around the corner.

GLTA holders.