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Helix Resources boosts resource for Canbelego copper project

Helix Resources boosts resource for Canbelego copper project

Helix Resources Ltd (ASX:HLX) MD Mike Rosenstreich discusses with Proactive an updated mineral resource estimate for the Canbelego joint venture copper project with Aeris Resources Ltd (ASX:AIS) in NSW. The new MRE for the Canbelego Main Lode deposit contains 1.83 million tonnes at 1.74% copper for 31,800 tonnes of contained copper metal. When compared to the previous MRE in 2010 this represents a 22% increase in tonnage, a 45% increase in copper grade and a 77% increase in contained metal.