The Pick News

Helix set to commence drilling at Bijoux copper prospect

Written by Colin Hay | Sep 30, 2024 1:54:19 AM

Helix Resources (ASX:HLX) is set to commence a reverse- circulation (RC) drill programme of initially 1400m to test recently defined high tenor copper zones at Bijoux in NSW.

The Bijoux prospect is located in Helix’s western tenements on the highly prospective Rochford Copper Trend.

A summary of work undertaken at Bijoux to date includes:

  • November 2023: An extensive geochemical sampling programme over the Rochford Trend generated a significant copper (Cu) geochemical anomaly at Bijoux.
  • November 2023: Initial Scout RC drilling intersected significant oxide and sulphide copper mineralisation, with results reported January 2024.
  • April 2024: A GAIP geophysical survey delineated a prospective 2km zone of conductive units coincident with surface copper geochemical anomalism at Bijoux.
  • September 2024: a 400m long high-grade (+500ppm copper) copper anomaly was delineated by infill auger sampling.
  • September 2024 (this announcement): Follow up RC drilling to commence at Bijoux.

“Following a short weather delay the drill rig is underway to Bijoux as planned,” Managing Director, Kylie Prendergast, said.

“Drill results at Bijoux earlier this year produced some excellent copper intercepts of higher-grade oxide and sulphide copper mineralisation.

“This drill programme will initially test directly north along strike of previous successful copper drill hits, and in an area with the highest copper surface geochemistry recorded to date.

“Helix is following up copper geochemistry targets to discover new CSA-style copper lodes within these anomalous outlines. CSA-style copper lodes are high-grade, vertically extensive bodies of copper that can be continuous to depths of two kilometres (such as the nearby CSA copper mine operated by ASX:MAC).

“Helix has proven that viable CSA-style copper lodes occur on our tenements such as the copper Mineral Resources in the Canbelego Main Lode.”