Friday, September 20, 2024
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Helix Resources: Receives assays from 13 holes at Cobar

  • Helix Resources (HLX) has received assays from 13 holes drilled across four prospects at the Cobar Gold Project in New South Wales
  • This drilling is part of a 29-hole, 3400-metre drilling program
  • Helix drilled one hole at Link Zone which situated between the Sunrise prospect and the Good Friday prospect
  • The company targeted this area as it demonstrates the potential for a larger-scale if the adjacent prospects join through a mineralised structure
  • The next stage of drilling will begin later this month and will completed in November
  • Company shares have dropped 26.9 per cent and are trading for one cent

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