Helix Resources (ASX: $HLX) announces discovery of large-scale gold anomaly

Helix Resources Ltd (ASX: $HLX) has announced the discovery of a large-scale gold anomaly in its Eastern Group Tenements, with broad areas of anomalous gold up to 5km long identified in wide-spaced auger geochemical sampling. The anomalous gold coincides with recently reported rock chips of 8.95g/t Au at Aldebaran and Max's Folly. The company's Executive Technical Director, Kylie Prendergast, expressed excitement at the coincident anomalies presenting excellent prospects for drill testing.

Executive Commentary on Gold Anomaly Discovery

Helix continues to use advanced exploration techniques to generate high-quality copper-gold targets. The extensive gold anomalies, accompanied by a large-scale antimony-arsenic anomaly, add further copper-gold discovery potential within the newly identified zone. The ongoing low-cost, auger sampling programs have been highly effective at rapidly delineating and ranking new targets. The company has a robust pipeline of copper-gold targets with the potential to deliver a major copper-gold discovery in the Cobar copper-gold region.

Summary of Helix Resources' Gold Anomaly Discovery

Helix Resources' discovery of a large-scale gold anomaly in the Eastern Group Tenements presents significant potential for copper-gold mineralisation. The company's ongoing exploration program, comprising auger geochemical sampling and geological prospecting, has identified extensive gold anomalies coinciding with pathfinder antimony-arsenic anomalies. The scale of the anomalies, which are still open in two directions, adds further copper-gold discovery potential within the newly identified zone. Helix has deferred the planned drilling campaign to late April-May to ensure the best targets are hit, reflecting the company's commitment to optimizing precious drill metres. With a robust pipeline of copper-gold targets, Helix aims to deliver a major copper-gold discovery in the highly endowed Cobar copper-gold region close to established operations and processing facilities.