Helix Resources Limited · ASX:HLX
Helix Resources — International Mining and Resources Convention (IMARC) 2023
27 slides from Helix Resources's conference presentation, Oct 31, 2023
Slide 1: Investor Presentation - IMARC ASX Announcement
ASX Announcement 31 October 2023 INVESTOR PRESENTATION Helix Resources Ltd (ASX:HLX, Helix or the Company) is pleased to announce that Mr. Mike Rosenstreich and Dr. Kylie Prendergast are attending the International Mining and Resources Convention (IMARC) in Sydney this week to meet with current and
Slide 2: The Copper Powerball
For personal use only THE COPPER POWERBALL
Slide 3: ASX:HLX in your portfolio - a Copper Powerball
ASX:HLX in your portfolio ……a ‘Copper Powerball’ ‘Shortening the odds’ to discovery: For personal use only • Drilling • Focused on new discoveries • New targets - smart work The “Powerball • Focused solely on Cobar region Zone” • Funded ~$4.2M cash • Large strategic land position • ‘Cobar experts’ –
Slide 4: A Prolific Copper Region
ENDEAVOR (C&M) HLX-new Northern EL COBAR 1.6Mt Zn, 1.0Mt Pb For personal use only & 47Moz Ag CSA MINE HLX – Western Tenements A PROLIFIC 1.5Mt Cu, 27Moz Ag & 491kt Zn TRITTON +650kt Cu, 3Moz COPPER REGION PEAK MINE Ag & 250koz Au 2.7Moz Au, 6.6Moz Ag, 350kt Cu & Large strategic land position – 430kt
Slide 5: Production pathways with local processing options
ENDEAVOR HLX-new Northern EL COBAR 1.6Mt Zn, 1.0Mt Pb For personal use only & 47Moz Ag CSA MINE HLX – Western Tenements A PROLIFIC 1.5Mt Cu, 27Moz Ag & 491kt Zn TRITTON +650kt Cu, 3Moz COPPER REGION PEAK MINE Ag & 250koz Au 2.7Moz Au, 6.6Moz Production pathways with Ag, 350kt Cu & local processing o
Slide 6: Copper in Cobar
COPPER IN COBAR Helix is focused solely on the New EL9581 (Collerina) Cobar region For personal use only Copper resource & high-priority targets on major regional trends Tritton Copper Mines Three major regional scale copper trends: Canbelego Deposit 1. 1 Rochford Trend – 30 km Canbelego Mineral Res
Slide 7: Copper in Cobar - aggressive target generation
For personal use only COPPER IN COBAR Strategy is aggressive target generation and drill testing to build project profile ‘Mineral discovery is a numbers game! Test lots of targets, kill some, but advance others into resources….. .……into mines? 1Refer Appendix A for details on Mineral Resources 6
Slide 8: Copper & Gold in Cobar - Discovery Potential Highlights
COPPER & GOLD IN COBAR DISCOVERY POTENTIAL - HIGHLIGHTS 1. High Grade Copper Resource For personal use only Canbelego Mineral Resource1 -32kt contained copper 2. Prospects & Targets Aeris’ Tritton a. In the West (Rochford & Meryula Trends) Copper Tenements Canbelego Deposit & 36 Copper Prospects a
Slide 9: Rochford Trend - Hunting for Cobar-Style Deposits
1 ROCHFORD TREND Black Range HUNTING FOR ‘COBAR-STYLE’ Little Boppy DEPOSITS CANBELEGO For personal use only Cobar style high-grade copper deposits 1 A M1 COPPER DEPOSIT1 Muriel Tank 1.83Mt at 1.74% Cu Example: CSA Copper Deposit1 near Cobar: P2 B M4 One of the highest grade copper mines in the wo
Slide 10: Canbelego Copper Project (HLX 70%: AIS 30% JV)
1 ROCHFORD TREND CANBELEGO MAIN ADVANCED CANBELEGO COPPER LODE For personal use only (Plan outline of PROJECT (HLX 70%:AIS 30% JV) Mineral Resource) High grade ‘Cobar-Style’ copper Western Lodes New Canbelego Main Lode Mineral Resource1 (CBW1+2) ‘Cobar-style’ with: • Steep, vertical high-grade Cu sh
Slide 11: Canbelego Main Lode
Potential Open-cut 25m @ 1.9% Cu ROCHFORD TREND Mineral resource 1 Incl. 9m @ 3.3% Cu & 3m @ 4.6% Cu 0.3% Cu CoG CANBELEGO MAIN LODE For personal use only Potential Underground Canbelego Main Lode Mineral Resource1: Mineral resource 0.8% Cu CoG • 1.83Mt at 1.74% Cu with 31.8Kt contained 8m @ 2.8% Cu
Slide 12: Canbelego JV - Resource growth potential
1 ROCHFORD TREND CANBELEGO MAIN CANBELEGO JV LODE For personal use only (Plan outline of Resource growth potential: Mineral Resource) • Western Lodes – only 200m to the west Western Lodes (CBW1+2) ‘incidental intercepts’ include: – 0.4m @ 6.7% Cu (CAND015A from 380.6m) – 0.6m @ 7.5% Cu (CAND016C fro
Slide 13: Hunt for New Discoveries - Regional Work
2 HUNT FOR NEW DISCOVERIES REGIONAL WORK–NEW TARGETS For personal use only Multi-element surface sampling program – key regional scale ‘discovery tool’ • Targeting copper, base metals & gold mineralisation • Utilising ‘pathfinder’ element associations - another 54 elements Auger & Lag geochemical sa
Slide 14: New Discoveries in the West? Regional Surface Geochemical Work
2 NEW DISCOVERIES IN THE WEST? Cu-Bi-In-Sn-W-Mo Black Range REGIONAL SURFACE GEOCHEMICAL For personal use only WORK Cu-Bi-Pb-As Rochford Trend - promising early results Canbelego • Copper & Gold Targets & Prospects Caballero • Black Range Target Cu-Zn • Bijoux Prospect Cu-Zn-Sb • Caballero • Work on
Slide 15: New Target Examples: Black Range and Bijoux
2 NEW DISCOVERIES IN THE WEST? NEW TARGET - EXAMPLE For personal use only Black Range Cu-Bi (In-Sn-W-Zn) Anomaly • Large scale - 6 x 1.7km anomalous zone • Extensive historical workings – 80m deep shaft & copper lode up to 21m wide recorded • Rock chip assays up to 2.6% Cu • No previous drill testin
Slide 16: New Discoveries in the West? Black Range
2 NEW DISCOVERIES IN THE WEST? 450m NNE structure with drill intercepts1 of: -1m @ 1.1% Cu in 8m at 0.35% Cu For personal use only -2m @ 1.4% Cu in 8m at 0.6% Cu Black Range Cu-Bi (In-Sn-W-Zn) Anomaly • First drill test – Oct. 2023 Untested • Broad intervals of sulphide mineralisation with anomalous
Slide 17: Bijoux Prospect Cu-Ag Anomaly
2 NEW DISCOVERIES IN THE WEST? Cu Anomaly For personal use only Bijoux Prospect Cu-Ag (Bi-Mo) Anomaly • Recent extensional & infill results – upgraded anomaly • 2.2 x 1.2km scale anomaly • Cu values average 62ppm Cu with peaks of 730 & 429ppm • Historic 5 RC drillholes – don’t test the anomaly • RC
Slide 18: New Discoveries in the East? South of Tritton Copper Mines
3 NEW DISCOVERIES IN THE EAST? SOUTH OF TRITTON COPPER MINES For personal use only Exploration Model – ‘Tritton style’ deposits Example: Tritton Operations north along Collerina Trend: Multiple OC & UG deposits mined for past 30 years Constellation1 – recent discovery by VTEM; 6.7Mt @ 1.9% Cu &
Slide 19: Core Focus - New Copper Deposits
NEW DISCOVERIES CORE FOCUS – NEW COPPER For personal use only DEPOSITS Systematic, methodical, modern regional scale exploration: • Geophysics - new VTEM & FLEM data • Geochemistry - Auger samples & multi- element assays • Geology – geological eyes and thoughts • Drill testing - “kill or advance” Bu
Slide 20: Corporate Snapshot, Board & Management, Key Shareholders
4 HLX BOARD & MANAGEMENT (from 1 Nov. 2023) KEY SHAREHOLDERS (23 October 2023) SNAPSHOT Mike Rosenstreich AG Investment Services Pty Ltd For personal use only CORPORATE (Geo./ Finance) 2.3% Executive Chair (ASX:HLX) Kylie Prendergast (Geo.) Technical Ceramic Marketing Services Pty Ltd Executive Tech
Slide 21: Upcoming News
Upcoming News Near-term planned news flow is focused around drilling of new targets: For personal use only • Assays – Black Range on Rochford Trend OCTOBER • Board Update • Investor event – IMARC (Sydney) Q2 • Drilling - testing targets on Rochford Trend NOVEMBER FY24 • New target Update - Surface s
Slide 22: Investment Summary
STRATEGIC LOCATION: PROLIFIC COBAR COPPER CORPORATE DISTRICT For personal use only EXISTING STRONG PERSPECTIVES COPPER LONG-TERM RESOURCE COPPER DEMAND OUTLOOK With significant INVESTMENT SUMMARY growth potential HLX is poised for new discoveries; well-funded and drilling, offering investors leverag
Slide 23: Contact
For personal use only CONTACT MIKE ROSENSTREICH Managing Director helix@helixresources.com.au Level 13, 191 St Georges Terrace, Perth WA 6000 T: +61 8 9321 2644 helixresources.com.au ASX:HLX
Slide 24: Appendix A - Mineral Resource Estimates
APPENDIX A MINERAL RESOURCE ESTIMATES Canbelego Main Lode (June 2023) CANBELEGO For personal use only MRE REPORT MRE Category Tonnes Grade (Cu%) Cu-Metal (t) For full details of MRE please refer to ASX Report 14 June 2023 Total opencut MRE, ≥240mRL; 0.3 Cu% cut-off grade & underground MRE, <240mRL;
Slide 25: Appendix B - Key Personnel
APPENDIX B KEY PERSONNEL (from 1 November 2023) Meagan Hamblin Mike Rosenstreich Chief Financial Officer For personal use only Executive Chair, Geologist / Finance Ms. Hamblin is a Director of Meridian Corporate Consultants with extensive Mr. Rosenstreich has a blend of technical and commercial skil
Slide 26: Appendix C - Regional Producers & Deposits
APPENDIX C REGIONAL PRODUCERS & DEPOSITS TRITTON COPPER OPERATIONS1 ENDEAVOR LEAD/ZINC4 For personal use only • Refer Group Report on Mineral Resources & Ore Reserves 18 April • Currently Care & Maintenance 2023 • https://www.cbhresources.com.au/endeavor-mine/ • https://www.aerisresources.com.au/ MT
Slide 27: Important Notices
IMPORTANT NOTICES This presentation has been authorised by the Board of Helix Resources Limited Competent Persons Statement of whether to buy, sell or hold a financial product. You should obtain professional advice and carry out The information in this report that relates to exploration results, and
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