Rapidex et al,
Clearly, the one to watch:
HELIX RESOURCES - HLX
Why?
Market Cap only AUD 21.6 mio
Operating in the Gawler Craton of SA
(proximal to Olympic Dam)
JV Partner: Toro Energy (TOE)
Last year Toro identified a 25 kilometre long portion of a palaeochannel (within HLX tenements EL3335 and EL3403). Furthermore, Toro identified five priority uranium drill targets.
Each uranium target area will have approximately
200 holes drilled in fence lines to transect the palaleochannels to fresh basement.
This extensive drill program (conducted by TOE)
to test the uranium targets should be under way
this week / next week.
Last Boardroom Radio update by HLX: April 17, 2007
www.helix.net.au
Cheers!
DYOR - NL!
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