Slide 1: Exploration in the Prolific Cobar Region of NSW
An Australian Copper Company EXPLORATION IN THE PROLIFIC COBAR REGION OF NSW Presenting at IMARC 30th October 2024 INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX
Slide 2: Corporate Snapshot
INVESTOR PRESENTATION | OCTOBBER 2024 | ASX:HLX Corporate Snapshot (ASX:HLX & HLXO) CAPITAL STRUCTURE Share price (28 October 2024) $0.005 Shares on Issue 3,264 M Options & Performance Rights 702 M Market Capitalisation $16.32 M Cash (30 September 2024) $2.74 M Enterprise Value (EV) $13.58 M Number
Slide 3: Corporate Snapshot
Corporate Snapshot INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX (ASX:HLX & HLXO) MIKE ROSENSTREICH MICHELLE KENNEDY / CHAIR / CHIEF FINANCIAL OFFICER Mr. Rosenstreich has a blend of technical and commercial skills gained Ms. Kennedy is a Director of Meridian Corporate Consultants with extensive ov
Slide 4: The Copper Opportunity
The Copper Opportunity INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Helix is focused on the Helix is leveraged to copper hunt in Cobar new copper and gold discoveries Copper is an essential Copper deficit looming construction, energy and and forecasts are positive technology metal 4 Source: sprott
Slide 5: Cobar Focused
Cobar Focused INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX ENDEAVOR Prolific proven Cobar region • +150 years of metal production CSA MINE • High-grade Cu, Au, Pb, Zn, Ag TRITTON Large strategic land position • ~ 3200 km2 • Copper and gold targets PEAK MINE HERA GOLD & FEDERATION Proximal to produ
Slide 6: Leveraged to Discovery
Leveraged to Discovery Study & Reserves INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Target pyramid with robust portfolio of Indicated and Measured Resources Priority copper and gold targets Inferred Resources Ongoing Work Canbelego No immediate Work Advanced Exploration CZ Follow-up Targets Bijou
Slide 7: Cobar Project
Cobar Project Cobar Project Strategic foothold Near the headframes… Directly adjacent to major producing gold, copper and base metal mines Ready for surface geophysics and drill follow up
Slide 8: Cobar Project - Earn-In with Legacy Minerals
Cobar Project CSA COPPER MINE INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Earn-In with Legacy Minerals (ASX:LGM) Diversification and expansion PEAK GOLD MINES • Earn-in with Legacy Minerals1 on 303 km2 area • Prospective for high-grade Cu, Au, Pb, Zn, Ag 4&6 Area of surface Adjacent major deposit
Slide 9: Western Tenements
Western Tenements Western CSA-style Copper Tenements Full profile of copper opportunities… A Mineral Resource at Canbelego Robust identified targets at Bijoux and Louis And plenty of untested early-stage upside
Slide 10: Western Tenements CSA-style Copper
Western Tenements CSA-style Copper INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Moving to drill established targets ASX:MAC Helix portfolio includes: CANBELEGO CSA Mine Canbelego Main Lode Copper Resource 1.83 Mt at 1.74% Cu with 31.8 kt contained copper1 BIJOUX Extensive untested copper footprint
Slide 11: Bijoux Copper Project
Bijoux Copper Project INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Extensive untested copper footprint • +2 km long copper surface geochemical anomaly1 • Oxide and sulphide copper mineralisation outlined over 200 m in all drillholes2 • 36m at 0.99 % Cu inc. 6m at 1.99 % Cu (oxide) • 2m @ 5.76 % Cu
Slide 12: Eastern Tenements
Eastern Tenements Eastern Tenements Tritton-style Copper-Gold Hot on the trail… New, large-scale geochemical anomalies Hallmarks of “Tritton-style” Copper Gold
Slide 13: Tritton-style Copper-Gold
Tritton-style Copper-Gold INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX 140 years of copper history • Helix tenements are along trend from copper-gold mines • Established infrastructure and Tritton Processing Facility Schematic long sections of Aeris copper deposits2 Tritton Budgerygar Avoca Murraw
Slide 14: Eastern Tenements - Copper-Gold
Eastern Tenements INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX - Copper N e w c o p p e r- go l d ta rge ts • Collerina Corridor extends south from the Aeris mines (~100km long) • New targets discovered in March 2024 by auger drilling1 • Geochmistry similar to Aeris copper-gold mines North Colleri
Slide 15: Eastern Tenements Copper-Gold
Eastern Tenements Copper-Gold INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX L a r g e g e o c h e m i c a l a n o m a l i e s , e x t e n s i v e c o v e r, t a n t a l i s i n g r o c k chip results, ready to drill North Central South Multiple +2 km long gold anomalies Widgelands: 9.16% and 3.
Slide 16: Muriel Tank
Muriel Tank Tenement Muriel Tank Gold Project Golden Opportunity… Historic, high-grade gold workings. Close to existing operating gold mines. New high-grade vein extensions identified.
Slide 17: Muriel Tank Gold Project
Muriel Tank Gold Project INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Historical Gold Mine Workings – Ready to Drill • 5 km by 1.5 km target zone • Multiple shallow historical mine shafts produced high-grade gold (~15 g/t Au) • Several gold plants within trucking distance • Veins are open along st
Slide 18: Proposed Acta Bid
Corporate Update – Proposed Acta Bid INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX What do I need to do about the Why should shareholders participate What is the Acta Proportional Proposed Bid from Acta / Nuevo in the Helix Annual General Meeting Takeover Offer & who is Acta, Nuevo Royalty? on 19 N
Slide 19: Key Management Concerns with Acta's Bid
Key Management Concerns with INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Acta's Bid Shareholders are advised to 1. Control without a premium: Acta's offer aims to acquire 25% of Helix shares, but their proposal includes a condition that a majority of the directors on the board of Helix are nomine
Slide 20: Why should you support current Helix Board?
Why should you support current Helix Board? INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX (ASX:HLX & HLXO) Transparent: We are transparent with Helix Spend in the ground shareholders. Our plans and Committed to Helix: intentions continue to be aligned with the reasons Helix Your current board is fu
Slide 21: Actively exploring and drilling
Actively exploring and drilling INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX Cobar Project Muriel Tank Gold Project Oct: plans in place for Oct: high gold grades and surface geophysics on 3 vein extensions. targets Auger drilling areas under Nov/Dec: surface cover. geophysics, permitting Nov/Dec:
Slide 22: Corporate Perspectives: Investment Summary
Active Copper & Gold Explorer • Funding: ~$2 million* • Robust copper and gold portfolio • Proven established mining region • Drilling across all projects • ASX leverage to discovery Corporate Perspectives • Management and local expertise Investment Summary (ASX:HLX) Pb Au Cu Zn Au AuAu Ag Cu Great
Slide 23: Contacts
Contacts KYLIE PRENDERGAST Managing Director helix@helixresources.com.au Level 4, 225 St Georges Terrace Perth WA 6000 T: +61 8 9321 2644 helixresources.com.au ASX:HLX
Slide 24: Important Notices
Important Notices This presentation has been authorised by the Board of Helix Resources Limited Competent Persons Statement independent investigations and assessment of the Information before acting. The information in this report that relates to exploration results, and geological data for the Coba
Slide 25: Appendix A: Mineral Resource Estimates
APPENDIX A INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX M I N E R A L R E S O U RC E E X T I M AT E S Canbelego Main Lode (June 2023) MRE Categoryv Tonnes Grade (Cu%) Cu-Metal (t) Total opencut MRE, ≥240mRL; 0.3 Cu% cut-off grade & underground MRE, <240mRL; 0.8 Cu% cut-off grade Indicated 340,600
Slide 26: Appendix B: Regional Producers & Deposits
APPENDIX B INVESTOR PRESENTATION | OCTOBER 2024 | ASX:HLX REGIONAL PRODUCERS & DEPOSITS TRITTON COPPER OPERATIONS1 ENDEAVOR LEAD/ZINC4 • Refer Group Report on Mineral Resources & Ore • Currently Care & Maintenance Reserves 15 November • https://www.cbhresources.com.au/endeavor-mine/ • https://www.ae