Helix Resources Limited · ASX:HLX
Helix Resources — 121 Mining Investment EMEA 2021
22 slides from Helix Resources's conference presentation, Nov 24, 2021
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement 24 November 2021 For personal use only INVESTOR PRESENTATION Helix Resources Limited (ASX: HLX) (“Helix” or “the Company”) is pleased to announce that Managing Director, Mike Rosenstreich is participating in the on-line 121 Mining Investment conference speaking with investors from E
Slide 2: High-Grade Cobar Copper to Power a Cleaner World
For personal use only (ASX:HLX) High-Grade Cobar Copper to Power a Cleaner World 121 Mining Investment EMEA 23-25 November 2021
Slide 3: Important Notices
IMPORTANT NOTICES This presentation has been authorised by the Board of Helix Resources Limited For personal use only Competent Persons Statement The information in this report that relates to exploration results, Mineral Resource estimates and geological data for the Cobar projects is based on info
Slide 4: Investment Snapshot
INVESTMENT SNAPSHOT WELL FUNDED, STRONG ASSETS, NEW TEAM – CLEAR STRATEGY For personal use only High-grade Copper Hits Around Existing HLX Deposits1 Canbelego – 18m at 3.4% copper – extending mineralisation CZ – 7m at 2.8% copper (from 34m DH) - outlining new zones Lots of assays to come – dri
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT ASX CODE HLX 12 MONTH SHARE PRICE & DAILY VOLUME GRAPH For personal use only 0.06 700 Share price ( 10th Nov 21 close) $0.017 Millions 0.05 600 500 0.04 Shares (listed) 1,258M 400 0.03 300 0.02 Options & Performance Rights (unlisted) 42.5M 200 0.01 100 Market Cap. $21.4M 0 0 Cash
Slide 6: Executing the Helix Strategy
EXECUTING THE HELIX STRATEGY Copper, Cobar, Funded, Focused on a Development Pathway For personal use only LOOKING BACK ON 2021 SO FAR….. Advanced Projects Completed ~3,500m in 25 drill holes across 2 advanced projects – CZ & Canbelego Hit copper in nearly all holes Regional Targets Increased
Slide 7: Focused on the Cobar Region, NSW
COBAR REGION METAL ENDEAVOR LEAD/ZINC4 C&M ENDOWMENT Sandfire (ASX:SFR) JV For personal use only FOCUSED ON THE COBAR REGION, NSW TRITTON COPPER OPERATIONS1 25kt Cu pa CSA MINE2 49.9kt Cu pa Major regional mineralised MT BOPPY GOLD5 trends hosting: Planned - 24koz Au Production hubs PEAK GOLD OPER
Slide 8: Copper in Cobar – Untested Regional Potential
COPPER IN COBAR – UNTESTED REGIONAL POTENTIAL EXISTING MINERAL RESOURCES UNDERPINNED BY HIGH-PRIORITY COPPER TARGETS IDENTIFIED ON MAJOR REGIONAL TRENDS For personal use only Two main tenement groups: ~1,500km2 Three Major regional scale copper trends: 2 1. Rochford Trend – 30 km – Canbelego copper
Slide 9: West Block - Rochford Trend
1. WEST BLOCK - ROCHFORD TREND EXTENDED MINERALISATION & NEW REGIONAL TARGETS For personal use only Advanced Project: Canbelego copper deposit – 1.5Mt at 1.2% Cu (JORC 2004) 70:30 co-funded JV with Aeris Resources (ASX:AIS). HLX – 70% & Manager Regional Targets: 10 High-priority targets identifi
Slide 10: Canbelego - Opportunities to Extend Deposit in All Directions
1. ROCHFORD TREND CANBELEGO - OPPORTUNITIES TO EXTEND DEPOSIT IN ALL DIRECTIONS For personal use only Copper mineralisation intersected in all five diamond drill holes (CANDD001 - CANDD005) Assay results confirm extensions to the existing mineralisation with highlights including: – 11m at 1.1% C
Slide 11: Canbelego – Poised for Further Growth
1. ROCHFORD TREND CANBELEGO – POISED FOR FURTHER GROWTH For personal use only Canbelego Extensions Down-dip - DHEM surveying of CANDD005 identifies large conductive anomaly possibly indicating extension of the high-grade copper zone in CANDD002. Canbelego Repetitions VTEM highlighted potential r
Slide 12: East Block - The Collerina Trend
2. EAST BLOCK - THE COLLERINA TREND EXTENDED MINERALISATION & NEW REGIONAL TARGETS For personal use only Advanced Project: – CZ copper (gold) deposit1 – 2.0Mt at 2.0% Cu & .1 g/t Au – 100% Helix – Drilling in progress / high-grade copper assays Regional Targets: 8 High priority targets identified in
Slide 13: CZ Copper (& Gold) Deposit
2. THE COLLERINA TREND CZ COPPER (& GOLD ) DEPOSIT1 Draft – being Updated For personal use only New, shallow, high-grade ‘oxide- copper’ zone intersected Drilled over 100m and is open to the southeast Results include: 7m at 2.64% Cu & 1.18 g/t Au within 25m at 0.94% Cu from 20m 7m at 2.83%
Slide 14: Drilling in Progress, Assays Pending from CZ
2. THE COLLERINA TREND DRILLING IN PROGRESS, ASSAYS PENDING FROM CZ For personal use only Diamond drilling Massive sulphides - from 102.3m to 105.5m comprising stratiform fine-grained pyrite and chalcopyrite (CODD0134 101.5m to 106.2m) Assays pending 13
Slide 15: Collerina Trend – Strike-km Under-explored
2. THE COLLERINA TREND – 65 STRIKE-KM ‘UNDER-EXPLORED’ Strong analogies with AIS’s Kurrajong & Constellation discoveries, north along trend For personal use only Follow-up work planned: Surface EM – Quanda & Fiveways Approved, regional scale auger-soil program over 40 strike- km of copper trend
Slide 16: Ni-Co Mineral Resource acquired as part of JV rationalisation
2. THE COLLERINA TREND – Ni-Co Mineral Resource1 acquired as part of JV rationalisation Ni & Co assets complimentary to historical HLX regional Ni-Co results For personal use only “Value-add’ for HLX: Transaction rationalised pre-existing Royalty and JV obligations and added prospective copper gro
Slide 17: Cobar Exploration Overview – Months
COBAR EXPLORATION OVERVIEW – 6 MONTHS EXPLORATION MOMENTUM – A SYSTEMATIC PIPELINE OF WORK AND NEWS FLOW For personal use only 16
Slide 18: Corporate Perspectives – Investment Summary
CORPORATE PERSPECTIVES – INVESTMENT SUMMARY A COMPELLING AUSTRALIAN COPPER EXPLORATION OPPORTUNITY For personal use only Well funded – executing a strong ‘drill-based’ program Defined copper resources – open ended growth potential; as just demonstrated with drilling at Canbelego & CZ Consisten
Slide 19: Contact
CONTACT MIKE ROSENSTREICH For personal use only Managing Director Helix@helixresources.com.au 78 Churchill Avenue, Subiaco WA 6008 PO Box 825, West Perth WA 6872 T: +61 8 9321 2644 helixresources.com.au ASX:HLX
Slide 20: Appendix A - Mineral Resource Estimates
APPENDIX A - MINERAL RESOURCE ESTIMATES Collerina Copper CZ (June 2019) (0.5% Cu cut-off) Cobar Gold (November 2019) (0.4g/t Au cut-off) Classification Type Tonnes Copper Gold Contained Copper Contained Gold Deposit Classification Type Tonnes Gold Contained Gold For personal use only Mt % g/t t Oz M
Slide 21: Appendix B - Board & Management
APPENDIX B - BOARD & MANAGEMENT For personal use only Peter Lester Mike Rosenstreich Tim Kennedy Jason Macdonald Mining Engineer Geologist Geologist Lawyer Non Executive Chairman Managing Director Non Executive Director Non-Executive Director Mr Lester has over 40 years Mr Rosenstreich contributes o
Slide 22: Appendix C – Regional Producers & Deposits
APPENDIX C – REGIONAL PRODUCERS & DEPOSITS TRITTON COPPER OPERATIONS1 HERA GOLD/BASE METALS3 Produces 25kt Cu pa Produces 45koz Au pa For personal use only Ore Reserves 5.7Mt @ 1.5% Cu Ore Reserves 1.2Mt @ 1.4g/t Au, 3.0% Pb, 4.7% Zn, 38g/t Ag Mineral Resources 17.5Mt @ 1.5% Cu Mineral R