Prospective for “CSA Copper Mine” type copper deposits which occur to the northwest associated with similar structures to Helix’s Canbelego Copper Deposit.
A ~700km2 tenement package containing three regional-scale, key copper-bearing structural trends which contain a large number of copper (and gold) targets. This includes 30km strike of the Rochford Trend where the Company has defined a series of exciting copper targets in addition to the Canbelego copper deposit which has JORC 2012 Mineral Resource of: 1.83 Mt at 1.74 % copper for 31.8 Kt contained copper metal.
Prospective for “Tritton-Constellation” style copper-gold deposits which occur directly north along trend.
A 100%-owned ~2,200km2 tenement package which covers the regional-scale Collerina copper and gold trend and includes the advanced CZ Copper project. The Company has developed a large number of prospective exploration targets.
The Canbelego Deposit lies on EL6140 which is a joint venture between Helix Resources and Aeris Resources, which operates the nearby Tritton Copper Operations.
The Canbelego JV tenement is highly prospective for further discoveries. It covers a portion of the Rochford Trend and includes the Canbelego West Lodes and Caballero prospects as well as the Canbelego Copper Deposit.
Helix Resources is primarily focussed on copper exploration, however its tenements also contain gold potential. The region hosts numerous historic and current gold mines including Mt Boppy, Great Cobar and the multi-million ounce Peak gold operation. The Company is following up on numerous gold prospects.