Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Helix Resources Ltd (ASX:HLX).
The company has extended the mineral footprint of its Bijoux copper prospect in central New South Wales following recent RC drilling, which identified copper sulphide mineralisation over a 290-metre strike. Located nine kilometres south of Helix’s Canbelego resource, Bijoux is characterised as a CSA-style copper deposit and remains open for exploration at greater depths and along the current strike.
The latest drilling campaign, comprising eight RC holes, confirmed copper mineralisation in each hole, including a high-grade section of 2 metres at 2.92% copper within a broader interval of 26 metres grading 0.58% from 84 metres. This builds on previous high-grade results, such as 2 metres at 5.76% from 182 metres. Helix has scheduled further RC and diamond drilling to deepen the understanding of the deposit’s structure.
Bijoux forms part of the Rochford Copper Trend, a 30-kilometre mineral belt. Helix's approach combines geochemical sampling and drilling, with results demonstrating the potential for new discoveries within the Cobar Basin. Further exploration is planned at additional sites, including the Louis copper prospect and the Muriel Tank gold field, with ongoing work across Helix’s extensive tenements.