Helix Resources Limited · ASX:HLX

Helix Resources — Investor Presentation (January 2012)

27 slides from Helix Resources's investor presentation, Jan 31, 2012

  1. Slide 1: Investor Presentation cover letter to ASX

    Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia For personal use only 31st January 2012 Australian Stock Exchange Limited Via Electronic Lodgement Dear Sirs INVESTOR PRESENTATION Helix Resources Limited is pleased to attach a presentation our Technical Director, Mr. Mick

  2. Slide 2: The Joshua Project – Chile

    Helix Resources Limited For personal use only The Joshua Project – Chile Potential for a significant copper discovery

  3. Slide 3: Disclaimer

    Disclaimer For personal use only Competent Person’s Statement The information that relates to Exploration Results, Mineral Resources or Ore Reserves on these projects is based on information compiled or reviewed by Mr M Wilson who is a full time employee of Helix Resources Limited and a Member of Th

  4. Slide 4: Company Snapshot

    Company Snapshot For personal use only ASX Listed: HLX Shares on issue: 204 Million (Top 20 Shareholders - 52%) Market Capitalisation: $12 Million Cash & Investments: $3.5 Million Directors: Greg J Wheeler Executive Chairman Corporate Michael Wilson Executive Technical Director Geologist John Den Dr

  5. Slide 5: Project Locations

    Project Locations For personal use only Australia Chile Uralla (Au/Cu) Loa (Cu) Hado (Cu/Au) Joshua (Cu/Au) Landsborough (Au/Cu) Pelusa (Au) Yalleen JV (Fe) Talca (Au) Tunkillia JV (Au) Lalo (Cu/Au) Olary (Fe) Central NSW Copper / Gold (Eight Projects) Perth Head Office: Chile Regional Office: Techn

  6. Slide 6: Chile Exposure

    Chile Exposure Bolivia For personal use only Chile  Established Chilean Subsidiary in early 2010 to gain geographical diversification, whilst Loa (Cu) maintaining focus on copper and gold. Hado (Cu/Au)  In two years and <$2M expenditure Joshua (Cu/Au)  Developed search criteria & established prio

  7. Slide 7: Peer Comparison

    Peer Comparison HLX vs Other junior ASX entities with Chilean Assets/Exposure For personal use only Market Cap Jan ’12 ($AUD) 100 74 68 50 35 36 39 12 0 HLX LRC SUH CDG LSA HCH Joshua Porphyry Target 28Mt @ 0.25g/t Au Mn Resource, No Resource 29Mt @ 0.5g/t Au 85.1Mt @ 0.6% Cu Drilling underway & 78g

  8. Slide 8: The Joshua Project – 100% HLX

    The Joshua Project – 100% HLX For personal use only  Helix’s most advanced Chilean Project  40 km SE of Teck’s Carmen de Andacollo Mine (400Mt @ 0.38% Cu Reserve) in Region IV, close to infrastructure.  Four porphyry targets identified from field mapping to date– total project area 92km² .  1,20

  9. Slide 9: For personal use only

    Se Ss Surface Rockchips (Cu ppm) ———— Observed Faults e =<50 ppm —— Qtz Veins (+/- Cu, Au) SAHOO (E53 Porphyry Granodiorite 100.1 - 500 ees Alt Propylitic I Hix Tenement Outline 500.1 - 1000 (chlorite-epidote) Alt. Argillic N) i, >1000 ppm Ea] SQ Excised Picanero (Silica, Clay, Micas) Mining Leases

  10. Slide 10: The Joshua Project – Topography, location of initial drilling and access track

    The Joshua Project – Topography, location of initial drilling and access track For personal use only N

  11. Slide 11: Joshua Target No.1 idealised porphyry cross-section

    For personal use only Not to Scale Joshua Target No.1 with respect to idealised cross-section of Classic Porphyry Model (after Lowell & Guilbert, 1970)

  12. Slide 12: For personal use only

    For personal use only P8 3 P9 (Ext of hole 1) 4 1&2 P7 P6 5

  13. Slide 13: For personal use only

    For personal use only P8 3 P9 (Ext of hole 1) 4 1&2 P7 P6 5

  14. Slide 14: For personal use only

    For personal use only P8 3 P9 (Ext of hole 1) 4 1&2 P7 P6 5

  15. Slide 15: For personal use only

    For personal use only P8 3 P9 (Ext of hole 1) 4 1&2 P7 P6 5

  16. Slide 16: Putting Joshua into Context

    PUTTING JOSHUA INTO CONTEXT Carmen de Andacollo– Teck 90% Joshua Porphyry Target No.1 – 100% HLX Reserve: 400Mt @ 0.4% Cu (hypogene) Exploration Target: + 500Mt Resource: +1Bt Resource: ???? For personal use only Produced 34,000t Cu (2010) Andacollo approx pit outline on Joshua Target No.1 Image And

  17. Slide 17: Regional Cu Porphyry Projects

    Regional Cu Porphyry Projects For personal use only Lalo Project:  20km E-SE of Andacollo Mine  +100km² tenement covering alteration anomaly.  Mapping and Sampling planned to prioritise prospect Lalo areas. Hado Project: Joshua  20km S of Joshua Project Hado  +100km² tenement over alteration an

  18. Slide 18: Talca Gold Project

    Talca Gold Project For personal use only Located in an historically significant gold district, 120km south of La Serena in Region IV, Chile. TSX listed Orosur has acquired 16km² leases covering Talca Gold Mine for $7.5M; Helix holds 100km² of surrounding tenements. Initial geochemistry and mappin

  19. Slide 19: Chile Forward Program 2012

    Chile Forward Program 2012 For personal use only  Joshua Project:  +1000m diamond drilling program to test Target No.1 geochem, IP, alteration targets.  Additional IP and Ground magnetic surveys  Ongoing mapping and surface geochemical sampling  Expect 10,000m -20,000m resource drill-out at Tar

  20. Slide 20: Australian Assets

    Australian Assets NSW Copper – Gold Projects For personal use only  Operating mines  Excellent Cobar Nyngan infrastructure  History of discovery & mining of Cu+Au  Significant land Producing Mines position ~2000km². Mines or Projects in Development Helix Resources Tenements (Incl. JVs) Other Lea

  21. Slide 21: Western Projects (Advanced)

    Western Projects (Advanced) Restdown JV (HLX 70%, Glencore contributing 30%) Inferred Resource: 2.6Mt @ 1.2g/t Au for 100koz* - open in all directions For personal use only • Significant regional prospectivity +180km² • Mineralisation vectors identified • ±$15 per oz Au discovery cost Little Boppy

  22. Slide 22: Tunkillia Gold JV – HLX 45%

    Tunkillia Gold JV – HLX 45% For personal use only  Significant gold deposit discovered by Helix in late 1990’s  Current resource inventory of 800,000oz Au and 1,600,000oz Ag*  Recent sale of majority interest (55%) to cashed-up, production focused Mungana Minerals (MUX) for circa $6M (Cash & Shar

  23. Slide 23: Yalleen Iron Ore JV – WA – HLX 30%

    Yalleen Iron Ore JV – WA – HLX 30% For personal use only  84.5Mt @ 57.2%* Fe - Channel Iron Deposit close to established and proposed infrastructure  Yalleen JV Manager and 70% equity owner API (AMCI & Aquila) proposing $6B infrastructure solution for WPIOP - construct Road & Rail from deposits an

  24. Slide 24: Olary - Magnetite Fe - SA

    Olary - Magnetite Fe - SA Braemar District Iron Ore Province For personal use only HAV- Maldorky Deposit HLX - OLARY PROJECT 147Mt @ 30.1% Fe Initial Drilling Incl: Indicated 124m @ 31.2%Fe in OLRC004 140m @ 29.8%Fe in OLRC005 Access to Rail MEP (41%) - Mutooroo 1.5Bt @ 15.2% DTR Mt-Fe Inferred CAP

  25. Slide 25: Australian Forward Program 2012

    Australian Forward Program 2012 For personal use only  Restdown JV Project: RC & DDH Drilling program to extend resource and target new regional geochemical anomalies (Target +500koz Au*)  Canbelego JV Projects: Close-in geochemical sampling on promising copper and gold anomalies to define drill t

  26. Slide 26: Opportunities to Crystalise Value from Non-core Assets

    Opportunities to Crystalise Value from Non-core Assets For personal use only Technical and financial focus - copper and gold projects in NSW and Chile [controlled and managed by Helix]. Non-core Assets  Yalleen Iron Ore Project: Expect consolidation of WPIOP JV’s once funding and DFS are finalised

  27. Slide 27: Snapshot: Helix

    Snapshot: Helix For personal use only  Advancing Exploration and Development Projects - Gold and Copper focus, with Iron Ore exposure.  Quality Assets in prospective, infrastructure rich regions in Australia & Chile  Defined Resources (Au, Cu & Fe)  Managing risk vs reward when allocating explor

Helix Resources — Investor Presentation (January 2012) on 6ix