Business
Helio Files NI 43-101 Technical Report for Initial Resource Estimate at SMP Gold Project in Tanzania on SEDAR
Jan. 17, 2011 (Canada NewsWire Group) -- TSX-V Trading Symbol: HRC VANCOUVER, Jan. 17 /CN...
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n Jan. 17, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX-V Trading Symbol: HRC\n\n\nVANCOUVER, Jan. 17 /CNW/ - Helio Resource Corp (TSX-V: HRC) is pleased\n to report that it has received and filed on SEDAR the independent NI\n 43-101 technical report concerning the Mineral Resource Estimate for\n the Porcupine and Kenge targets at the SMP Gold Project in Tanzania\n (see news release dated November 30, 2010). The technical report is\n also available on the Company's website at: http://www.helioresource.com/i/pdf/SMP-43101-13Jan2011.pdf.\n\n\nThe Mineral Resource Estimate was completed under the supervision of\n qualified person Alexandra Harrison (MSc, CSci MIMMM) of Golder\n Associates (UK) Ltd (Golder).\n\n\nThe resource estimate is the first one calculated for the SMP Gold\n Project.  Golder reported both a "restrained" and "unrestrained"\n resource, where the restrained resource has used spatial restrictions\n during estimation to limit the influence of certain high grade\n intercepts.\n\n\nHighlights from the Resource Report\n\n\n\nUnrestrained Measured and Indicated Resource of 589,000 ounces at\n 1.54g/t Au plus an Inferred Resource of 352,000 ounces at 1.10g/t Au at\n a cut off grade of 0.3g/t.  The restrained estimate at the same cut-off\n reports 511,000 ounces grading 1.34g/t Au in the Measured and Indicated\n category plus 308,000 ounces at 0.98g/t Au in the Inferred category.\n\n\nUnrestrained Measured and Indicated Resour...