Helix Resources (ASX: HLX) (Helix or the Company) is currently drilling a reverse circulation (RC) and diamond drill program testing for continuity and extensions of the high-grade Central Zone massive sulphide at the company’s Collerina copper deposit in New South Wales.
Helix Resources has received its third batch of assays from the program with further high-grade copper returned from zones of chalcopyrite bearing massive, semi-massive and stringer sulphide.
The latest holes reported were designed to confirm the dip continuity seen in previously reported results.
2 metres at 5.1 per cent copper, 0.5 grams per tonne gold, 7g/t silver, 1.4 per cent zinc, within 5m at 2.4 per cent copper, 0.3g/t gold, 3.5g/t silver and 0.6 per cent zinc from 327m; and
2m at 3 per cent copper, 0.2g/t gold, 3.8g/t silver, within 5m at 1.8 per cent copper, 0.2g/t gold and 2g/t silver from 296m.
“These latest intercepts importantly show that lateral continuity is present in the deeper parts of the high-grade Central Zone copper mineralisation,” Helix Resources said in its ASX announcement.
“These additional results at depth confirm the continuity of the strike and distribution of the copper mineralisation, as observed near surface, continues down the plunge of the deposit.”