i ilke the term high conviction and strong news flow....
RIGHTS ISSUE CLOSES OVERSUBSCRIBED
Helix’s Managing Director, Dr Kylie Prendergast commented: “The Helix team now has sufficient funding to advance our copper and gold exploration strategy in the proven Cobar district. The first test will be to grow our existing copper resource by exploring a high-conviction target near to the existing high-grade Canbelego Mineral Resource. Drilling has started at this ‘far’ Western Canbelego target which is the largest and strongest IP anomaly we have identified to date. Could this possibly be a multi-lode, CSA style of deposit? With potential new discoveries and emerging gold targets we anticipate strong news flow and value creation for our shareholders.”
HLX Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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