Helix Resources Limited · ASX:HLX
Helix Resources — Investor Presentation (June 2018)
25 slides from Helix Resources's investor presentation, Jun 21, 2018
Slide 1: Helix Resources NSW Projects
For personal use only Helix Resources NSW Projects Emerging value from discoveries in a richly endowed province
Slide 2: Helix Resources – 2018 Snapshot
HELIX RESOURCES – 2018 Snapshot Focussed exploration - Quality Address – Value Drivers Emerging For personal use only Geological and Structural Review Driving Exploration Strategy – Confirmed Helix’s projects have provenance and potential scale – Review prioritised targets for advancing at Prospect
Slide 3: Corporate Overview
CORPORATE OVERVIEW Clean capital structure with a tight register For personal use only ASX Code HLX Issued Shares 394 million Unlisted Options 19 million (Directors, Management & Staff) Market Cap @ A$0.039ps $15m Cash at 31 March 2017 $1.6m Enterprise Value $13.2m Major Shareholders % DIRECTORS Yan
Slide 4: Collerina and the Cobar District
COLLERINA AND THE COBAR DISTRICT High value exploration potential in a richly endowed province Large Footprint: Strong presence (1,500km²) in proven copper and gold camps that are under-explored For personal use only Actively drilling: Focussed programs delivering strong news-flow, with projects ent
Slide 5: Collerina Copper Project
For personal use only Collerina Copper Project Cracking the VMS code at our Flagship Asset
Slide 6: Collerina Copper
COLLERINA COPPER High grade copper in a proven copper belt For personal use only Located in infrastructure-rich central NSW 150km long fertile copper belt – Aeris Resources’ Tritton operations – north – Mincor Resources’ Tottenham deposits – south Typical district mining operation (eg Tritton
Slide 7: Collerina Copper Deposit
COLLERINA COPPER DEPOSIT The new geology and structural interpretation driving target strategy For personal use only 505500mE 6455000mN Massive Sulphide Body N Interpreted footwall marker unit on 1vd aeromagnetics Position of Central Zone (Massive sulphides) showing significant intersections 2015-16
Slide 8: Collerina Copper Deposit – Refined DHEM Targeting
COLLERINA COPPER DEPOSIT The new geology and structural interpretation – Refined DHEM Targeting For personal use only Central Zone Mineralisation Central Zone Mineralisation F F F New DHEM Approach F F F What EM Sees and models Smaller loops smaller plate models - Average of a complex shape Defining
Slide 9: Collerina Copper Deposit – Immediate drill targets
COLLERINA COPPER DEPOSIT The new geology and structural interpretation - Immediate drill targets For personal use only This exploration breakthrough gives Collerina scale potential and confidence to continue drilling EM related plunge targets CORCDD090 massive sulphide in core photos (assays pending
Slide 10: Immediate drill targets: Stronger DHEM Conductors
COLLERINA COPPER DEPOSIT Immediate drill targets: Stronger DHEM Conductors near new intercepts Plan View For personal use only Section View “Near Misses” being followed-up with successful drilling and improved hit rates. www.helixresources.com.au I 10
Slide 11: Collerina Regional Comparison and Context
COLLERINA COPPER DEPOSIT Regional Comparison and Context Attributes Tritton Mine (in Production) Collerina Deposit For personal use only Initial Resource 14Mt @ 2.7% Cu, 0.3g/t Au Scale Emerging from (380,000t contained Cu) Exploration Breakthrough Mineralisation Massive & Banded Sulphide Massive &
Slide 12: Regional Opportunities – Yathella Target Emerging
REGIONAL OPPORTUNITIES - COLLERINA COPPER The VMS big picture: Yathella Target Emerging For personal use only • Yathella Prospect – Compelling similarities to Collerina Deposit, prior to drill discovery • Originally identified in 2017 VTEM survey. • Robust +80ppm Copper-in-soil anomaly (peak value 1
Slide 13: Regional Opportunities – potential cluster occurrences
REGIONAL OPPORTUNITIES - COLLERINA COPPER The VMS big picture: potential cluster occurrences • For personal use only Helix holds 85km of the prospective VMS Belt • To date limited exploration has been conducted on the wider Project Area • Multiple prospects identified across 3 regional target zones
Slide 14: Regional Opportunities – Lateritic Co-Ni
REGIONAL OPPORTUNITIES –Lateritic Co-Ni Near known resource, JV opportunities and significant regional upside For personal use only • Limited exploration conducted on the wider Collerina Project Area and Regional tenements for additional Lateritic Co-Ni • Review of historic work confirms additional
Slide 15: Mundarlo
For personal use only Mundarlo Targeting VMS-style base metal systems
Slide 16: Mundarlo (Earning 80%)
MUNDARLO (EARNING 80%) Large EM Conductor in new VMS belt Project background For personal use only New exploration project – Helix earning in Located 20km SW of Gundagai NSW Targeting base metal mineralisation associated with a series of gossanous horizons within a NW trending volcano-sediment
Slide 17: Mundarlo – Bedrock EM conductor
MUNDARLO (EARNING 80%) Bedrock EM conductor suphide related – Target is Large For personal use only Re-mobilised (?) copper noted in hanging wall rocks Massive and semi-massive sulphide in silica-rich unit - Interpreted Periphery of VMS www.helixresources.com.au I 17
Slide 18: Mundarlo – Large EM Conductor in new VMS belt
MUNDARLO (EARNING 80%) Large EM Conductor in new VMS belt For personal use only www.helixresources.com.au I 18
Slide 19: Cobar Gold Project
For personal use only Cobar Gold Project Strong indications for a potentially large scale gold system
Slide 20: Cobar Gold – The regional structural model
COBAR GOLD The regional structural model Geological model refined & evidence to suggest the potential for a substantial gold system For personal use only The Peak Trend ~4Moz (west) Aurelia - Mt Boppy ~0.5Moz at 10g/t (east) www.helixresources.com.au I 20 Similar controls to the Peak Trend gold syst
Slide 21: Cobar Gold – Strong indications for a large scale gold system
COBAR GOLD Strong indications for a potentially large scale gold system For personal use only Geological model refined & evidence to suggest the potential for a substantial gold system New prospects – Battery Tank and Reward: wide zones of gold mineralisation from surface (including 43m at 2.3 g/t A
Slide 22: Cobar Gold – The regional context
COBAR GOLD The regional context For personal use only Targeting sediment-hosted, structurally controlled, hydrothermal gold deposits The Peak Trend ~4Moz (west) Mt Boppy ~0.5Moz at 10g/t (east) A common genetic relationship between gold mineralisation in 150m The Peak Trend www.helixresources.com.au
Slide 23: Summary - A leading Australian exploration story
HELIX RESOURCES Summary - A leading Australian exploration story For personal use only Strong presence in proven NSW copper and gold camps in under-explored areas Focussed exploration programs – dollars in the ground to create opportunities for value uplift Exploration breakthrough at Collerin
Slide 24: Important Notices
IMPORTANT NOTICES Disclaimer and Competent Persons Statement 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 prop
Slide 25: For further information
For personal use only For further information: Mick Wilson Managing Director mick.wilson@helix.net.au +61 8 9321 2644 www.helixresources.com.au