Helix Resources Ltd., and Straits Resources Ltd., announced assay results from drilling program at Canbelego JV property, New South Wales, Australia. Highlights include hole CBLRC007 intersecting 72 m, at greater than 0.1% copper.
Helix Resources announced an initial resource estimate for the Canbelego Copper Project located 40km south-east of Cobar in central New South Wales, Australia. Using a 0.3% copper cut-off grade, the Inferred resource is estimated at 1.5 million tonnes grading 1.2% copper for 18,000 tonnes.
Helix Resources announced that a 6 hole (780 m) RC drilling program at the Canbelego JV project in NSW, Australia, has confirmed a +200 m zone of copper mineralisation. Drilling results include 9.0 m at 2.5% copper from 36.0 m in CANRC001 and 10.0 m at 2.0% copper from 145.0 m in CANRC002.
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