Helix Resources (ASX:HLX) has been granted a trading halt by the ASX pending results from the recent drilling at the Collerina Prospect in New South Wales.
Last month the company commenced a 1000 metre reverse circulation drilling program, designed to test strong surface copper/gold geochemistry and an associated open-ended EM conductor with a strike of 300 metres.
The program is targeting structurally modified VMS base metal mineralisation.
The halt will remain in place until the opening of trade on Tuesday 16th December 2014, or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.