Helix Resources Limited · ASX:HLX
Helix Resources — Investor Presentation (June 2023)
25 slides from Helix Resources's investor presentation, Jun 14, 2023
Slide 1: The 'Copper Powerball'
THE ‘COPPER POWERBALL i) f 79 i» 7 u eH ETS TARGETS
Slide 2: 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
Slide 3: Copper is the 'essential' critical metal and a supply deficit is looming
Copper is the ‘essential’ critical metal and a supply deficit is looming Energy transition needs For personal use only copper; • Regardless of power source or battery chemistry • Only silver and gold are better conductors than COPPER DEFICIT copper…… “metals are the new oil”1 and copper is essential
Slide 4: Helix in your portfolio; exposure to intense exploration, just one 'Copper Powerball'
Helix in your portfolio; exposure to intense exploration……just one ‘Copper Powerball’ Helix is: For personal use only • Focused on making copper discoveries • Focused on the Cobar region – a renowned copper province The “Powerball Zone” Helix has ~$7M cash – to get onto a discovery pathway Helix has
Slide 5: Cobar: A Prolific Copper Region
COBAR A PROLIFIC ENDEAVOR HLX-Northern EL COPPER REGION Application 1.6Mt Zn, 1.0Mt Pb For personal use only & 47Moz Ag Large strategic land position – CSA MINE HLX – Western creates discovery opportunities & Tenements 1.5Mt Cu, 27Moz TRITTON processing options Ag & 491kt Zn PEAK MINE +650kt Cu, 3Mo
Slide 6: Copper in Cobar: Helix solely focused on Cobar region
COPPER IN COBAR Helix is solely focused on Collerina Trend (new Extension2) Cobar region; “Cobar Experts” For personal use only Aeris Tritton Copper Copper resource & high-priority Tenements targets on major regional trends Three major regional scale copper trends: 1. 1 Rochford Trend – 30 km Canbel
Slide 7: Copper in Cobar: Strategy
For personal use only COPPER IN COBAR Helix is solely focused on Cobar region; “Cobar Experts” Strategy – aggressive target generation and testing to make new copper (& gold) discoveries 1Refer Appendix A for details on Mineral Resources 7
Slide 8: Locally based, highly experienced geological team
COPPER IN COBAR For personal use only LOCALLY BASED, HIGHLY Gordon Barnes (+35 yrs.) Mike Rosenstreich (+35 yrs.) EXPERIENCED GEOLOGICAL TEAM Tapping into ~150 years of combined geological experience Juan Farias (4 yrs.) Vladimir David (+35 yrs.) John Heavey (16 yrs.) John Catterson (2 yrs.) Morgan
Slide 9: Discovery - Recent Highlights
COPPER IN COBAR 2c. EL Application 6614 May 2023 DISCOVERY - RECENT HIGHLIGHTS For personal use only 1. High Grade Copper Projects Canbelego Mineral Resource1 NEW - 77% increase in contained copper Aeris’ Tritton 2. New discoveries from regional-scale exploration: 1. Canbelego Deposit Copper Tenemen
Slide 10: Rochford Trend: Highly prospective for 'Cobar-style' deposits
1 ROCHFORD TREND Black Range HIGHLY PROSPECTIVE FOR Little Boppy ‘COBAR-STYLE’ DEPOSITS CANBELEGO For personal use only 1 A M1 COPPER DEPOSIT1 Battery Tank Cobar style high-grade copper deposits 1.83Mt at 1.74% Cu Exploration Model – ‘Cobar style’ deposits P2 B M4 Small ‘footprints’ but deep verti
Slide 11: Rochford Trend: Greater Canbelego Area
1 ROCHFORD TREND GREATER CANBELEGO AREA GREATER For personal use only (HLX 70% & AERIS 30%) CANBELEGO AREA Focus of aggressive drilling by HLX since mid 2021 LONG-SECTION CANBELEGO MAIN LODE COPPER Canbelego Main Lode DEPOSIT (Plan outline of • 2023 – MRE of 1.83Mt at 1.74% Cu1 Mineral Resource) Wes
Slide 12: Rochford Trend: 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 13: New Discoveries? Regional work underway
In-fill Geochem Survey in Progress 2 NEW DISCOVERIES? BLACK RANGE TARGET REGIONAL WORK UNDERWAY For personal use only – NEW TARGETS EMERGING Black Range 2a. Major regional multi-element Geochem sampling program – promising early results • Black Range – large scale & important Canbelego elemental ass
Slide 14: New Discoveries? Black Range Cu-Bi anomaly
2 NEW DISCOVERIES? REGIONAL WORK UNDERWAY For personal use only – NEW TARGETS EMERGING 2a. Black Range Cu-Bi (In-Sn-W-Zn) Anomaly • Large scale - 6 x 1.7km anomalous zone • Significant multi-element geochemical anomaly – Cu & Bi, also In, Sn, W and Zn • Historic workings – 80m deep shaft & copper lo
Slide 15: Electromagnetics (EM) - a proven 'discovery tool'
NEW DISCOVERIES 2b. Black Range – new prospect ELECTROMAGNETICS (EM) – A PROVEN 2a. Ground Geophysics For personal use only ‘DISCOVERY TOOL’ (FLEM) 1. Canbelego Deposit new MRE 2b. Airborne electromagnetics (VTEM) ‘discovery tool’ in the region eg 2a. 2021 VTEM 2a. 2017 VTEM Survey Constellation d
Slide 16: New Discoveries? Regional VTEM data
2 NEW DISCOVERIES? REGIONAL VTEM DATA For personal use only FLEM Survey in Progress 2b. Exploration has resumed testing south, ‘along-trend’ from Tritton deposits Homeville Ni-Co Deposit • New VTEM data – being followed up by ground geophysical surveys, Fixed Loop EM (FLEM) at: – Quanda (“Constellat
Slide 17: Nickel-Cobalt Asset Commercialisation
Tritton Copper Deposits NICKEL-COBALT ASSET West Lynn (Ni Co) Project COMMERCIALISATION For personal use only Nyngan Scandium Project NI-CO PROSPECT AREA Homeville Ni-Co Deposit 18mt at 0.9% Ni & 0.06% Co CZ Copper Deposit Significant ‘unvalued’ Ni-Co assets on HLX tenements Resource - Homeville N
Slide 18: Sustainability: Getting set-up early
SUSTAINABILITY Current Focus: • Traditional Owner engagement and cultural GETTING SET-UP EARLY awareness • Employee development Helix has a strong ‘Sustainability Platform’ including sound ESG inputs • Community Engagement - retained a Community For personal use only & Landowner Relations Manager to
Slide 19: Corporate Snapshot
HLX BOARD & MANAGEMENT KEY SHAREHOLDERS (1 June 2023) SNAPSHOT Peter Lester (Mining Eng./BD) Yandal Investments Pty Ltd Non-Executive Chairman 2.2% For personal use only Mike Rosenstreich Mr. Bulent Basim CORPORATE (Geo./ Finance) 1.7% (ASX:HLX) Managing Director Technical Ceramic Marketing Kylie Pr
Slide 20: Upcoming News
Upcoming News Near-term planned news-flow: • Canbelego Main Lode - Mineral Resource estimate For personal use only • Mines & Money Melbourne Connect Presentation JUNE • New Targets Update – Ongoing regional geochemical work • Completion of ground geophysics (FLEM) at Quanda & Fiveways • Geochem anom
Slide 21: 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 Highly active regional program – HLX is poised for new discoveries; offering investors
Slide 22: 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 23: 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 24: Appendix B: Key Personnel
APPENDIX B KEY PERSONNEL Peter Lester Meagan Hamblin Non-Executive Chairman, Mining Engineer Chief Financial Officer For personal use only Mr. Lester has over 40 years' experience in the mining industry and has held Ms. Hamblin is a Director of Meridian Corporate Consultants with extensive senior ex
Slide 25: 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 15 • Currently Care & Maintenance November • https://www.cbhresources.com.au/endeavor-mine/ • https://www.aerisresources.com.au/ MT B