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Helio Reports Commencement of Drill Programmes at Dubwana and Porcupine - Gap Targets, SMP Gold Project Tanzania

TSX-V Trading Symbol: HRC Website: www.helioresource.com VANCOUVER, July 14 /CNW/ - Helio Resourc...

articleWinshear Metals Corp.July 14, 20093/company/winshear-gold-corp/news/helio-reports-commencement-of-drill-programmes-at-dubwana-and-porcupine-gap-targets-smp-gold-project-tanzania
Helio Reports Commencement of Drill Programmes at Dubwana and Porcupine - Gap Targets, SMP Gold Project Tanzania

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[{"type":"text","content":"\n\n\n\nTSX-V Trading Symbol: HRC\nWebsite: www.helioresource.com\n\n\nVANCOUVER, July 14 /CNW/ - Helio Resource Corp. ("Helio" or the\n"Company") (TSX-V: HRC) is pleased to announce that two drill rigs are now\nactive at the SMP Gold Project, Lupa Goldfields.\n\n\nDiamond Drilling - Dubwana Target\n---------------------------------\n\n\nA reconnaissance programme of 5 diamond drill holes (planned 2,500m of\ndrilling) has commenced at the recently discovered Dubwana Target (see news\nrelease dated May 14, 2009).\n\n\nFour diamond drill holes (2,000m) will test a 1km strike section of the\n5.5km long Dubwana Target and one diamond drill hole (500m) will test the\n1.5km long Chui Target, located approximately 2km east of Dubwana (see link\nbelow and map posted at www.helioresource.com).\n\n\n- Map Showing the Locations of the Dubwana, Chui, Porcupine and Gap\n Targets:\n http://www.helioresource.com/i/pdf/2009-07-14_NRM1.pdf\n\nEach of the five holes is planned to drill for 500m, and will test the\ndown dip extension of numerous surface workings that have been exploited by\nartisanal miners.\n\nRC Drilling - Porcupine - Gap Corridor\n--------------------------------------\n\nA programme of RC drilling has commenced in the Porcupine - Gap target\narea (see link above). The objective of this programme is to:\n\n- extend mineralisation east and west along strike from the Porcupine\n Target;\n- extend the recently discovered Quill Zone mineralisation along strike\n (see news release dated June 1, 2009), and;\n- to explore for additional zones of mineralisation associated with the\n Saza Shear Zone which has never been drill tested previously in this\n area.\n\nABOUT THE SMP GOLD PROJECT\n--------------------------\n\n\nHelio, through its 100% owned subsidiary BAFEX Tanzania Ltd., can earn a\n100% interest in five contiguous licences, which cover a 35km strike length of\nthe Saza Shear Zone. The project covers the New Saza Gold Mine, which was the\nsecond largest gold producer, behind the Geita Mine, in pre-Independence era\nTanzania.\n\n\nSince June 2006, the Company has drill-tested eleven targets, nine of\nwhich are hosted along the Saza Shear Zone. All eleven targets have\nintersected bedrock-hosted gold mineralisation, the most advanced being the\nKenge and Porcupine Targets (see the Corporate Presentation on t...

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