ASX Share Price
0.06
Code: HLX

Latest News

Wednesday 21st July 2010
June 2010 Quarterly Report
Thursday 10th June 2010
Yalleen Iron Ore JV Update
Thursday 6th May 2010
Canbelego Drilling Results - May 2010

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Farm-in Opportunities

Helix Resources as an established and well funded exploration company is seeking Farm-in opportunities in regions prospective for copper and/or gold where we see potential to enhance and accelerate exploration and development activities to the benefit of the project and its participants. If you hold assets that may be of interest to Helix please contact us to initiate discussions.

Farm-out Opportunities

Helix’s strategy of acquiring large tenement areas with an exploration focus in copper and gold has provided the Company with opportunities in other commodities that may co-exist or be proximal to our target focus. Additionally Helix’s balance in our project portfolio between early stage exploration assets and advancing/development assets also provides opportunities from time to time.

The following “non-core assets” are currently under review for divestment. Interested parties can contact us and receive detailed information and data for specific projects under signed Confidentiality Agreements.


Uranium:

Gawler Craton Project:  25km of untested palaeo-drainage with EM survey conducted and Govt Approvals for drilling being pursued.

Olary:  Series of regional radiometric anomalies co-incident with paleo drainage and basal sedimentary sequences proximal to Radium Hill deposit.


Gold:

Olary:  Drill ready 1.5 x 2.5 km gold in calcrete anomaly and numerous regional geochemical anomalies in region prospective for sediment hosted gold +/- copper.

Nickel:

Booyeema:  Structurally controlled “bulls eye” coincident Magnetic/VTEM anomaly under Fortescue Formation cover - drill ready.

Basemetals/PGM/Diamonds:

West Pilbara:  Numerous basemetal/PGM surface geochemical anomalies in region prospective for VMS/VHMS and intrusion related deposits. – Drill ready
Regional diamond exploration has highlighted several prospects containing kimberlitic affinity dykes including Blacktop and Clurrie Prospects.

Copper:

Parachilna:  2008 exploration program has confirmed exploration model that large sediment hosted copper systems exist in domal structures of basal Adelaidian stratigraphy. Additional geophysics and drilling required to assess potential for economic deposits within these systems.