Helix’s 100%-owned Collerina Project is located in the highly active copper/gold mining and exploration district known as the Cobar Basin, within central NSW, Australia. The Collerina Project comprises a tenement package in excess of 1,500km2, including over 85km of copper-prospective trend. It is surrounded by multiple operating base metal and gold mines within the broader Cobar Basin (Tritton, Hera, Peak and CSA mines).
The Cobar Gold Project is 30km east-southeast of Aurelia’s Peak Gold Operations and only 16km from the privately owned Mt Boppy Gold Mine (historic production 417,000oz at 12.2g/t average grade). The project shares similar geological and structural controls to the nearby Peak Trend deposits, being relatively short strike sediment hosted and structure related gold deposits.
Rochford Copper Trend
Along strike from the Canbelego Copper JV tenement, the Bijoux Copper Trend covers an additional 20km of copper and gold prospective terrane. With direct access from the Barrier Highway, this northwest trend is parallel to the Cobar Trend and represents a structural repeat in the Kopjye Shelf sedimentary zone.
The Canbelego Project covers an area of approximately 40km² of copper perspective ground, located 45km south-east of Cobar and 5km south of the historic Mt Boppy Mine (produced ~500,000 oz at +10g/t Au) in Central NSW. Historic production from the Canbelego Copper mine – 10,000t of hand-picked ore grading 5% Cu reported production to 1920, mining stopped at water table (~80m).