Business
Helio Reports on Plans and Objectives for Tanzania and Namibia for 2011
Jan. 13, 2011 (Canada NewsWire Group) -- Shareholder Update TSX-V Trading Symbol: HRC ...
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n Jan. 13, 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\nShareholder Update\n\n\nTSX-V Trading Symbol: HRC\n\n\nVANCOUVER, Jan. 13 /CNW/ - Helio Resource Corp (TSX-V: HRC) is pleased\n to provide this update on the Company's objectives for 2011, including\n drill programmes planned for both the SMP Gold Project in Tanzania and\n the Damara Gold Project in Namibia.\n\n\nPlans and Objectives for 2011\n\n\nSMP Gold Project - Tanzania\n\n\n\nObjective - increase SMP Gold Project resource by 50%\n\n\nDiamond drill programme scheduled to commence in February\n\n\nThe initial focus of the drill programme will be to increase the\n existing resource at the Porcupine and Kenge targets\n\n\nAdditional drill testing of the Konokono, Tumbili and Kasuku targets to\n advance the pipeline of targets and to continually add to the resource\n base.\n\n\n\nDamara Gold Project - Namibia\n\n\n\nObjective - outline of resource potential by year-end\n\n\nInitial 10,000m RC drill programme on 4 drill ready targets\n\n\nRegional stream sediment and follow-up soil sampling programmes\n\n\nGround and airborne geophysical surveys to identify additional drill\n targets\n\n\n\nIn summary, 2011 is shaping up to be a very good year for Helio.  Two\n ongoing drill programmes, adding to the resource base in Tanzania, and\n drill testing bedrock-gold mineralisation in an emerging gold belt in\n Namibia has management very excited about the year ahead.\n\n\n2010 In Review\n\n\nSMP Gold Project - Tanz...