Slide 1: Company Update cover letter to ASX
Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia For personal use only 19th June 2008 Australian Stock Exchange Limited Via Electronic Lodgement Dear Sirs COMPANY UPDATE Helix Resources Limited has received interest from a number of Stockbroking firms regarding the Compan
Slide 2: Helix Resources Limited
For personal use only HELIX RESOURCES LIMITED “Creating shareholder value through exploration and development”
Slide 3: Disclaimer: Forward Looking Statements
DISCLAIMER FORWARD LOOKING STATEMENTS For personal use only This presentation contains “forward-looking statements”. Such forward-looking statements may include, without limitation:- • Estimates of exploration targets, resources, reserves and statements regarding future exploration results; • Estima
Slide 4: Company Snapshot
COMPANY SNAPSHOT For personal use only Listed on ASX May 1986 Shares on issue: 131 Million (Top 20 Shareholders - 56%) Listed Options: 14 Million (30c @ 30th June 2009) Market Capitalisation: $ 33 Million Cash at 31 May ’08: $ 8 Million Directors: Greg J Wheeler Executive Chairman Michael Wilson Exe
Slide 5: Project Portfolio – June 2008
Project Portfolio Project Portfolio –– June June 2008 2008 For personal use only IronOre Iron Ore Gold Gold Basemetals Base metals andGenerative and GenerativeProjects Projects YalleenIron Yalleen IronOre OreJVJV HLX30% HLX 30%, ,API API(Aquila/AMCI) (Aquila/AMCI)70% 70% Glenburgh- -WA Glenburgh WA
Slide 6: Yalleen Iron Ore JV
For personal use only YALLEEN IRON ORE JV
Slide 7: Yalleen Iron Ore JV
YALLEEN IRON ORE JV • Prime Location – Robe Valley • Maiden resource 112Mt @ 56% Fe (Inferred) • Significant exploration upside For personal use only • Potential Stage 1 and/or 3rd Party Infrastructure access for low capex • Production focused JV manager
Slide 8: Helix's Iron Ore Exposure
HELIX’S IRON ORE EXPOSURE In the context of the West Pilbara Iron Ore Project (WPIOP) WPIOP WPIOP For personal use only Shareholding* Shareholding* AquilaResources Aquila ResourcesLimited Limited AMCIAustralia AMCI AustraliaPty PtyLtd Ltd AMCI:7% AMCI: 7% 50% APIManagement API ManagementPtyPtyLtd Lt
Slide 9: Helix's Iron Ore Exposure: JV Project Status
HELIX’S IRON ORE EXPOSURE JV Project Status For personal use only WPIOP WPIOP APIManagement API ManagementPtyPtyLtd Ltd (Australia Premium Iron JV) (Australia Premium Iron JV) AQA 50%: AMCI AQA 50%: AMCI 50%50% Stage 1 Stage 2 70% 60% (earning 80%) 70% 100% MtStuart Mt StuartJV JV RedHill Red HillJV
Slide 10: Yalleen Iron Ore JV Project Highlights
For personal use only YALLEEN IRON ORE JV PROJECT HIGHLIGHTS • 600km² of tenements near Pannawonica. • Initial Resource 112Mt @ 56% Fe (inferred) • Large tonnage CID & BID target upside • JV Partner & Manager API (Aquila/AMCI) solid technical team with $ Billion development capacity • Positive PFS f
Slide 11: Value per Iron Resource Tonne
For personal use only Value per Iron Resource Tonne (excludes all other assets) $17.16 $5.00 $4.53 ASX Mkt Cap per Share per Iron Resource Tonne $3.96 $4.00 $3.45 $3.22 $3.25 $3.31 $3.00 $2.56 $2.00 $0.98 $1.05 $1.00 $‐ HLX IOH GWR WPG CUL BCI BRM RHI FRS AGO Participants in West Pilbara Iron Ore Pr
Slide 12: Glenburgh Gold Project Highlights
GLENBURGH GOLD PROJECT For personal use only HIGHLIGHTS • Current inferred resource 1.09Mt @ 3.1g/t Au for 108,000oz • Building on resource potential at known prospects and recently identified prospects • Objective: increase to + 400,000oz gold for internal study into possible development scenarios
Slide 13: Glenburgh Project Prospect Location Map
GLENBURGH PROJECT PROSPECT LOCATION MAP For personal use only Exploration and Resource focus for 2008
Slide 14: Tunkillia Project JV Highlights
TUNKILLIA PROJECT JV For personal use only HIGHLIGHTS • 800,000oz Gold + Exploration Upside • Minotaur Spending $5m to earn 51% by March 2009 • Options for advancement being considered
Slide 15: West Pilbara Nickel Targets
WEST PILBARA NICKEL TARGETS For personal use only N or 10km rid r Co al ur ct ru St Mt Scholl & Radio Hill Ni Projects (FXR) HLX Buried Radio Hill Style Nickel Targets HIGHLIGHTS •Conceptual Ni model in prospective region or • Recent detailed aeromag confirm buried targets id orr l C ura • JV opport
Slide 16: West Pilbara Base Metals Project
WEST PILBARA BASE METALS PROJECT For personal use only N Fox Resources VTEM and base metal targets 10km Anomalous Cu, Pb, Zn, Au in regional geochem; Infill Sampling Underway Elevated HIGHLIGHTS Manganese and Base Metals • Conceptual VMS/VHMS model in under-explored Mapping and region Sampling Q3 20
Slide 17: Olary Project
OLARY PROJECT For personal use only HIGHLIGHTS Ma • Reactive Adelaidian stratigraphy jor Cr overlying major crustal boundary ato n ic Bo u nd •Targeting Au, base metals and U ary • Detailed aeromagnetics planned for Q308 • 1200km² Tenement Holding s nite a Gr re Sut u g e e Sta L at e of Z on
Slide 18: Parachilna (Blinman) Project
PARACHILNA (BLINMAN) PROJECT For personal use only HIGHLIGHTS • Target: Copper associated with Blinman domal structure • Historical high-grade copper production from Blinman Mine • Detailed aeromagnetic survey underway • IP survey planned early Q308 • PACE Funding - $100,000 for walk up drill target
Slide 19: Project Location Map
PROJECT LOCATION MAP For personal use only www.helix.net.au (ASX:HLX)