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Helio Reports Drill Results from the Kenge Target, SMP Gold Project, Tanzania
Drill results from the Kenge Target NW Zone include: 13.5m @ 3.35g/t Au 8.8m @ 3.1g/t Au
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n Drill results from the Kenge Target NW Zone include:\n 13.5m @ 3.35g/t Au\n 8.8m @ 3.1g/t Au\n 14.8m @ 2.3g/t Au\n 13.7m @ 2.1g/t Au\n 16.6m @ 1.9g/t Au\n 12.3m @ 1.53g/t Au\n 12.1m @ 1.43g/t Au\n\nTSX-V Trading Symbol: HRC Tel.: 604 - 638 8007\nE-mail: [email protected] Website: www.helioresource.com\n\n\nVANCOUVER, Jan. 15 /CNW/ -\n\n\nKenge Target Drilling Update\n----------------------------\nHelio Resource Corp. ("Helio" or the "Company") (TSX-V: HRC) is pleased to\nreport the latest drill results from twenty-six diamond drill holes from the\nNW Zone of the Kenge Target at the SMP Gold Project, Lupa Goldfields, SW\nTanzania. The results confirm management's view that Kenge has the potential\nto host a significant open-pittable gold deposit.\n\nHighlights\n----------\n\n- All drill holes intersected zones of gold mineralisation typical for\n the Kenge target.\n\n- The new results confirm that the NW Zone is continuous with the Main\n Zone from surface to a depth of 100m (not two separate zones as\n previously thought).\n\n- The combined strike length of the Main-NW Zone is now 1,400m.\n\n- Mineralisation is still open to depth and along strike.\n\n\nThe results indicate the presence of higher grade material in the\nvicinity of the old Razorback pit. Detailed results are presented in the links\nbelow:\n\n\nTable of Drill Intercepts:\nhttp://www.helioresource.com/i/pdf/2009-01-15_NRM1.pdf\n\nLong Section Kenge Target NW Zone:\nhttp://www.helioresource.com/i/pdf/2009-01-15_NRM2.pdf\n\n2008 Diamond Drilling Programme Summary\n---------------------------------------\nAs mentioned previously (Company Press Release November 10, 2008) all of\nthe planned 2008 diamond drilling was completed.\nResults from 40 holes from the Kenge Target, five holes at the Konokono\nTarget and 21 holes from the Porcupine Target are still pending. All\noutstanding samples from these holes are currently being processed in the lab\nand will be reported once results are received.\n\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 34km strike length of\nthe Saza Shear Zone (see news releases dated December 19, 2005, September 11,\n2006, and October 16, 2008). The project covers the...