Prospectivity
In addition to copper, Helix’s tenements are highly prospective for gold. The Cobar region contains multi-million-ounce gold deposits (Peak, Great Cobar) and gold is significant in several operating and historical mines (Hera, Federation, Mineral Hill and Mt Boppy Gold Mine with historic production 417,000oz at 12.2g/t average grade). Helix’s Western Group Tenements are located 30km east-southeast of Great Cobar and Aurelia’s Peak Gold Operation and only 7km from the Mt Boppy Gold Mine.
Gold Targets
The Western Group Tenements contain the Restdown gold target and anomalous gold has also been identified in several Eastern Group Tenement targets as an outcome of large-scale geochemical programs.
Helix is actively exploring, and high priority gold targets are being tested in tandem to copper evaluation.
