Slide 1: Investor Presentation August/September 2013
Helix Resources Limited For personal use only Copper and Gold Discoveries in Infrastructure-Rich Mineral Provinces Region IV – Chile Cobar District – New South Wales INVESTOR PRESENTATION Mick Wilson – Managing Director 1 Helix Resources Limited (ASX:HLX) AUGUST/SEPTEMBER 2013
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement Disclaimer For personal use only This presentation has been prepared by Helix Resources Limited (“Company”). The presentation does not contain all the information that a prospective investor may require about the companies, their business or the proposal. I
Slide 3: Capital and Corporate
Capital and Corporate For personal use only Capital Structure Share Price: $0.033 Fully Paid Shares (HLX): 204M Options (HLXO): 36M – Sep 2014 [ex $0.015] Top 20 Shareholders: 52.4% Market Cap: $6.7M Directors’ holdings: 13.0% Major Shareholders Holding Yandal Investments Pty Ltd (Mark Creasy) 10.3%
Slide 4: Cash and Receivables
Cash and Receivables For personal use only Present and Future Funding Cash at 30 July 2013 $2.3M 31 March 2014 $1.75M - Olary Fe Project Receivable 30 September 2014 $0.54M – Option Conversion 31 March 2015 $1M - Olary Fe Project Receivable Blanco y Negro, Chile – Chalcocite Joshua, Chile – Chrysoco
Slide 5: Helix Board and Technical Team
Helix Board and Technical Team For personal use only Technical and Commercial Balance • Helix Board - Gordon Dunbar (Non-Exec Chairman) - Mick Wilson (Managing Director) - Pasquale Rombola (Non-Exec Director) - Gregory Wheeler (Non-Exec Director)* - John den Dryver (Non-Exec Director) * • Management
Slide 6: Mission Statement
Mission Statement For personal use only Focus on Value Creation - Identify and acquire 100% owned tenements in infrastructure rich mineral provinces. Lowers CAPEX and/or OPEX hurdles. - De-risk or monetise assets through JV, production sharing arrangements or sale. - Project returns/gains to be bala
Slide 7: Project Summary
Project Summary For personal use only Expanding Copper & Gold Resources • Asset Portfolio in Australia and Chile Chile • Joshua Copper Porphyry • Blanco Y Negro Cu/Au Project • Huallillinga, Hado and Embrujado greenfield projects (~400km²) New South Wales • Restdown JV (HLX 70%: Glencore 30% Contrib
Slide 8: Latin American Exposure: Why Chile?
Latin American Exposure For personal use only Why Chile? • Chile supplies around 40% of the world’s copper, predominantly produced from the Tier 1 copper porphyry mines throughout the country. • Low Risk - mining culture with strong support from all levels of Government and the Community with a clea
Slide 9: Latin American Exposure
Latin American Exposure Region IV - ~350km north of Santiago, close to ports, rail, water and mining infrastructure – untested prospectivity For personal use only Peru LA SERENA Andacollo Porphyry Dayton Gold Mine 400Mt @ 0.38% Cu 3.4Moz Au Resource reserve - Teck Lachlan Star Argentina Chile Vallec
Slide 10: Joshua Project
Joshua Project For personal use only Greenfields Copper Porphyry • Highlights Discovery • Greenfield discovery by Helix using mapping & geochemistry, followed up by drilling and IP survey. • 40 km SE of Teck’s Carmen de Andacollo Mine (400Mt @ 0.38% Cu Reserve) • Four porphyry targets identified in
Slide 11: Joshua Project
Joshua Project For personal use only Greenfields Copper Porphyry • Highlights Discovery • Porphyry system defined by large IP anomaly covering 10km² • Tested only10% of Target 1 to date – (2,000m RC& DDH) • Best Result: 400m@ 0.3%Cu + 0.1g/t Au from surface to EOH. • Five fluid-phases identified in
Slide 12: Blanco Y Negro Project
Blanco Y Negro Project • Highlights For personal use only Shear hosted Copper and Gold under • 100% owned Mining Lease artisanal workings • Mapping, Geophysics and 2,200m RC&DDH recently completed • Best Result: 19.5m @ 2% Cu +1.1g/t Au + 550ppm Mo from 85m, • Maiden inferred resource estimation in
Slide 13: Blanco Y Negro Project
Blanco Y Negro Project Progressing Project For personal use only Shear hosted Copper and Gold under • Potential for additional systems artisanal workings along strike and in parallel shears within mining lease and Copper Mines and workings exploration concessions HLX Tenement outlines Regional and l
Slide 14: Regional Greenfield Projects - Chile
Regional Greenfield Projects - Chile For personal use only Porphyry and shear hosted Copper and Gold targets Delta Plant - ENAMI Vallecillo OVALLE Joshua Blanco y Negro Huallillinga Embrujado Mollacas Hado Punitaqui Mine 14 Outline of HLX tenements in Region IV - Chile
Slide 15: Huallillinga and Embrujado Projects
Regional Projects - Chile Huallillinga and Embrujado Projects For personal use only Shear hosted Copper and Gold targets • Over 200km² of exploration concessions – (100% HLX owned). • Targeting high-grade copper and gold within the regionally significant Los Mantos Fault System. • Multiple sub-paral
Slide 16: Hado Project
Regional Projects - Chile Hado Project For personal use only Porphyry Copper and Gold target • 105km² exploration concessions – (100% HLX owned) • Large coincident 20km² alteration, geochemical and IP anomaly associated with regional faults/lineaments. • Target - porphyry copper and gold associated
Slide 17: Cobar Region, New South Wales – Copper & Gold Projects
Cobar Region, New South Wales – Copper & Gold Projects For personal use only VMS Copper and Epithermal Gold in NSW Copper/Gold Projects infrastructure-rich mining province • Over 3,000km² prospective tenements • Inferred Resources: Copper 1.5Mt @ 1.2% Cu* and Gold 2.6Mt @ 1.2g/t Au • JV’s with incum
Slide 18: Canbelego Copper Project
Canbelego Copper Project For personal use only Cobar-Style structurally controlled Canbelego Copper Prospect VMS Copper • HLX 70% :Straits 30% • Inferred Copper Resource of 1.5Mt @ 1.2% Cu (18,000t)* from surface at historic Canbelego Mine • HLX drilled 18 holes for 3,000m and re-assayed mineralised
Slide 19: Canbelego Copper Project – Caballero Prospect
Canbelego Copper Project For personal use only Cobar-Style structurally controlled Caballero Prospect VMS Copper • Target: 500m long modelled EM conductor within 1km x 200m copper-in-soils anomaly • Approx. 2.5km SE of EL6105 Canbelego Resource, same geological sequence • 2010 Drill hole below histo
Slide 20: Restdown Gold Project
Restdown Gold Project For personal use only Restdown/Battery Tank Cobar-age Epithermal Gold Systems Goldfield • Target: Near-surface epithermal gold in altered sediments and RESTDOWN/BATTERY TANK GOLDFIELD ON DETAILED AEROMAGNETICS EL6140 EL7567 shear-zones. Historic Shafts • Control of the entire H
Slide 21: Restdown Gold Project – Sunrise and Good Friday
Restdown Gold Project For personal use only Sunrise and Good Friday Cobar-age Epithermal Gold Systems • Inferred resource on 2.6Mt @ 1.2g/t Au for 100,000oz* at Sunrise and Good Friday. • Good Friday - multiple historic pits and shafts worked around 1900’s • Sunrise - identified using soil auger sam
Slide 22: Other Projects NSW
Other Projects NSW For personal use only VMS Copper and Epithermal Gold Helix Copper and Gold Trends VMS Copper trend Systems Epithermal Gold Trend HIGHLIGHTS Straits Trend – 1Mt contained copper • HLX controls 150km strike of VMS resources/historic production copper terrain and +50km of Murrawombie
Slide 23: Non-core Assets – Divestment Opportunities
Non-core Assets For personal use only Divestment Opportunities Yalleen Iron Project JV - West Pilbara WA API (Aquila-AMCI) Manager 84Mt @ 57% Fe inferred and indicated resource– Channel Iron Deposit* 575km² tenements on extensions of Robe River catchment Diluting to Royalty Tunkillia Gold Project JV