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Helio's Latest Diamond Drilling Confirms Gold Mineralisation over 1.2km+ Strike Length at Gap Target - SMP Gold Project, Tanzania
VANCOUVER, Oct. 11, 2011 /CNW/ - Helio Resource Corp (TSX-V: HRC) is pleased to report the di...

About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n\n\nTSX-V Trading Symbol: HRC\n\n \n \n \n \n \n \n \n \n \n \n\nToll Free: +1 888 955 4728\n\n\nE-mail: [email protected]\n\n \n \n \n \n \n \n \n \n \n \n\nWebsite: www.helioresource.com\n\n\nVANCOUVER, Oct. 11, 2011 /CNW/ - Helio Resource Corp (TSX-V: HRC) is\n pleased to report the discovery of a new zone of bedrock gold\n mineralisation at the Gap target, SMP Gold Project, in southwestern\n Tanzania.  The zone which is at least 1.2km long, lies along the same\n structure that hosted the Gap Mine, a small pre-1950's gold mine that\n reportedly had grades averaging around 15g/t Au (the Gap Target\n drilling map is presented in the following link: http://www.helioresource.com/i/pdf/2011-10-11_NRM2.pdf)\n\n\nThis discovery follows similar success at the Chura Target (see news\n release dated September 22, 2011).  The Gap and Chura targets are\n located 4km west and 1.7km east of the Porcupine Deposit,\n respectively.  The recent drilling confirms management's belief that\n this area represents excellent potential for adding new ounces to the\n existing resource inventory at the SMP Gold Project.\n\n\nHighlights\n\n\nIntercepts up to 15m grading 2.2g/t Au;\n\n\nDrill holes cover a 1.2km section of the target structure (spaced 100m -\n 400m apart)\n\n\nMineralisation and geology are similar to Porcupine;\n\n\nMineralisation is associated with a 2km long magnetic anomaly;\n\n\nGold mineralisation outcrops at surface and remains open along strike\n and to depth;\n\n\nIt is important to note that similar drill intercepts are found at\n Porcupine, and are often located within 50m of much wider and higher\n grade mineralised zones. \n\n\nThe Gap Target is located approximately 1.7km north-east of the\n Porcupine target (see SMP Plan Map at www.helioresource.com/i/pdf/2011-10-11_NRM1.pdf).  The target consists of a strong, 2km long, magnetic anomaly\n associated with reactivated shear zones along the contact between\n granitic and dioritic intrusive rocks.\n\n\nGold mineralisation occurs in an altered zone of disseminated pyrite and\n quartz veining hosted by granitic units close to a geological contact\n with a dioritic footwall unit.  In this respect the mineralisation is\n analogous to that at Por...