HLX 0.00% 0.4¢ helix resources limited

Ann: Latest Collerina intercepts confirm continuity at depth, page-14

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  1. 133 Posts.
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    Whilst Collerina appears to be a very high quality deposit, I expect that it will be too small for stand alone development. Therefore, HLX needs to find more copper to add critical mass to their Collerina success and it would be good if they could aggressively drill Yathella etc - the ground is excellent so the chance of success is high. The limiting factor however is funding - there are limited funds so drilling can currently only be done on a small scale. It would be great if HLX could tap into a JV or possibly a large placement to a cashed up neighbour so that they could dramatically step up their drilling campaign around Collerina and regionally.

 
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