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Helio Reports on the NI 43-101 Resource Pending for the Porcupine and Kenge Targets - SMP Gold Project, Tanzania
Helio Reports on the NI 43-101 Resource Pending for the Porcupine and Kenge Targets - SMP Gold Pr...
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n Sep. 29, 2010 (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\n >\n\n\nVANCOUVER, Sept. 29 /CNW/ - Helio Resource Corp. ("Helio" or the "Company") (TSX-V: HRC) is pleased to provide the following update from the SMP Gold Project in the Lupa Goldfields, SW Tanzania.\nThe main topics of this update include:\n\n\n >\n\n\nThe resource report is expected to be published before the end of October 2010 and will cover the Porcupine and Kenge targets. These are just two out of thirty known gold-bearing targets within the 238km(2) SMP Gold Project area.\nThe exact location of the targets is presented in the link below: www.helioresource.com/i/pdf/2010-09-29_NRM1.pdf\nThe Company has delivered all of the drill hole data from the Porcupine and Kenge targets to Golder Associates (U.K.) for the calculation of an independent resource statement.\n\n\n >\n\n\nThe bulk of the Porcupine resource will come from Porcupine Main Zone (PMZ) which has been drilled over a strike length of approximately 500m, and from surface to around 300m down-dip. Mineralised intercepts range between 24m grading 1.1g/t Au and 52m grading 3.7g/t Au.\nThe exact location of the Porcupine Main Zone and associated long section is shown in the links below:\nwww.helioresource.com/i/pdf/2010-09-29_NRM2.pdf\nwww.helioresource.com/i/pdf/2010-09-29_NRM3.pdf\nGold mineralisation is associated with quartz veins and veinlets that occur as sheeted veins and vein stockwork arrays within a granitic host rock. Go...