Helix Resources Copper Hits Expand Bijoux Footprint

THE DRILL SERGEANT: Helix Resources (ASX: HLX) reported new RC drill assay results from the company’s emerging Bijoux prospect located in the company’s western tenements in the Cobar-Nyngan area of central New South Wales.

Helix Resources said the latest drilling had produced encouraging copper grades while greatly increasing the mineralisation footprint of the Bijoux prospect.

Best intercepts include:

BJRC019
2 metres at 2.92 per cent copper within 26m at 0.58 per cent copper from 84m in (sulphide);

BJRC016
2m at 1.83 per cent copper within 10m at 0.72 per cent copper from 132m in (sulphide); and

BJRC015
2m at 1.73 per cent copper within 4m at 1.06 per cent copper from 132m in (sulphide).

“We are excited with the latest batch of assays from Bijoux which have delivered encouraging grades as well as significantly expanding the prospect’s strike length,” Helix resources managing director Kylie Prendergast said in the company’s ASX announcement.

“The prospect remains open – both at depth and along strike – and we intend to follow these results with further drilling.

“Bijoux is a prime example of the experience and tenacity current management have applied to the company’s large-scale Cobar tenements.

“Having been identified and prioritised through a comprehensive geochemical program, the team have worked systematically via further auger and RC drilling to test our CSA-style copper model.

“Today’s assays validate this approach and continue to highlight that in an area as rich as the Cobar Basin, quality exploration means the company is potentially just one drill hit away from a new discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE