Commenting on the June Quarter 2021, Helix’s Managing Director Mike Rosenstreich said:
“It has been a defining period in Helix’s history with the first two drill holes of the Canbelego program successfully
intersecting 14 metres at 4.2% copper and 11 metres at 1.1% copper. We hit varying copper sulphides in all 5 drill holes
and overall, the results from this initial campaign have been pleasing and demonstrate the high-grade potential within
the overall broader Canbelego copper lode structures. We are now awaiting assay results for three of the holes and look
forward to getting back drilling at Canbelego later in the year armed with new downhole and surface EM data and
some quality geological thinking time.
“We are in the envious position of holding a strong presence in the Cobar region, a proven copper and gold province.
With this in mind, we are now planning a drilling campaign next month at the exciting Collerina Trend – starting at the
CZ deposit. This is clearly a major regional copper bearing structure, and we think there is real potential to find deposits
similar to Aeris’ high grade and long-lived Constellation and Tritton deposits to our north.
“With cash in the bank following a $4 million capital raise, we are well positioned to accelerate a multi-pronged
exploration program across our vast array of projects in this premier copper and gold district.”
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Commenting on the June Quarter 2021, Helix’s Managing Director...
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Ron Miller, Non-Executive Director
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