Helix Resources Limited · ASX:HLX
Helix Resources — Dowerin Machinery Field Days JP Equity Marque 2024
25 slides from Helix Resources's conference presentation, Aug 29, 2024
Slide 1: An Australian Copper Company: Exploration in the Prolific Cobar Region of NSW
An Australian Copper Company Exploration in the Prolific Cobar Region of NSW Presenting at the Dowerin Machinery Field Days JP Equity Marque 28-29 August 2024 INVESTOR PRESENTATION | AUGUST 2024 | ASX:HLX
Slide 2: Corporate Snapshot
Corporate Snapshot Mr. Rosenstreich has a blend of technical and commercial skills gained over 30 years as a mining & exploration geologist and as a resources banker which culminated in various (ASX:HLX & HLXO) Mike Rosenstreich leading corporate roles discovering, developing and operating gold and
Slide 3: The Copper Opportunity
The Copper Opportunity Helix is focused on Helix is leveraged the copper hunt in to new copper and Cobar gold discoveries Cu $ Copper is an essential Copper deficit looming construction, energy and and forecasts are technology metal positive Source: sprott-inforgraphics-the-copper-opportunity.pdf (s
Slide 4: Acknowledgement of Country
Acknowledgement of Country We would like to acknowledge the Traditional Owners of the Country on which we work to make mineral discoveries in Central Western NSW, the Wangaaypuwan, Ngemba, Ngiyampaa, and Wayilwan peoples. We recognise the continuing connection to lands, waters and communities. We pa
Slide 5: Cobar Focused
Cobar Focused ENDEAVOR Prolific Proven Cobar Region +150 years of metal production High-grade Cu, Au, Pb, Zn, Ag CSA MINE Large strategic land position TRITTON ~3200 km2 Copper and gold targets PEAK MINE HERA GOLD & Proximal to production and FEDERATION processing options 6 base metals/gol
Slide 6: Leveraged to Discovery
Leveraged to Study & Reserves Discovery Indicated and Measured Resources Inferred Resources Target pyramid with robust Canbelego portfolio of copper and gold targets Advanced Exploration CZ Focus on drilling to Follow-up Targets Bijoux Canbelego West IP advance priority Caballero Muriel Tank Max’s t
Slide 7: Targeting 'CSA-style' Deposits
Targeting ‘CSA-style’ Deposits CSA Mine : West East Surface Canbelego Long lived: Copper, lead and zinc was discovered in 1871 and Main Lode MRE1 mine development at CSA began in the early 1900s Rich high-grade copper lodes occur over a 2 km depth 500m Largest operation in the region – ~40kt o
Slide 8: Cobar Project
Cobar Project Earn-In with Legacy Minerals (ASX:LGM) Diversification and expansion Earn-in with Legacy Minerals1 on 303 km2 area Prospective for high-grade Cu, Au, Pb, Zn, Ag Adjacent Major Deposits and Cobar Trend Only ~3 km to Peak gold-base metal mines and ~13 km to CSA Copper Mine Covers
Slide 9: Cobar Project
Cobar Project CSA COPPER MINE Moving to drill established targets Current Work focus: Surface geophysics (EM) program commencing soon Woggle PEAK GOLD Results will be used to plan drillholes MINES Woggle Target: CSA-style magnetic and airborne EM anomalies #6 Area of surface (interpreted as pr
Slide 10: Western Tenements CSA-style Copper
Western Tenements CSA-style Copper Western Tenement Full profile of copper opportunities: Group A Mineral Resource at Canbelego, robust identified targets, and plenty of untested early-stage upside. 10 INVESTOR PRESENTATION | AUGUST 2024 | ASX:HLX
Slide 11: Western Tenements CSA-style Copper
Western Tenements CSA-style Copper Moving to drill established targets Helix portfolio includes: Canbelego Main Lode Copper Resource - 1.83 Mt at 1.74% Cu with 31.8 Kt contained copper1 Bijoux – extensive untested copper footprint (some drilling) Louis – cluster of copper auger anomalies with
Slide 12: Bijoux Copper Project
Bijoux Copper Project Extensive untested copper footprint +2 km long copper surface geochemical anomaly1 Oxide and sulphide copper mineralisation Bijoux Cu Project outlined over 200 m in all drillholes2 - 36m at 0.99 % Cu inc. 6m at 1.99 % Cu (oxide) - 2m @ 5.76 % Cu (sulphide) - 11m at 0.17 % C
Slide 13: Eastern Tenements Tritton-style Copper-Gold
Eastern Tenements Tritton-style Copper-Gold First systematic regional geochemical coverage identifying new, large-scale anomalies consistent with “Tritton-style” Eastern pathfinder anomalies. Tenement Group 13 INVESTOR PRESENTATION | AUGUST 2024 | ASX:HLX
Slide 14: Tritton-style Copper-Gold
Tritton-style Copper-Gold 140 years of copper history Helix tenements are along trend from multiple copper-gold mines and deposits (copper was first discovered in 1875) Established infrastructure and the Tritton Processing Facility Distinctive subtle geochemical pathfinder footprints can be us
Slide 15: Eastern Group Tenements
Eastern Group Tenements Multiple new targets for Tritton-style copper-gold Collerina Corridor is the southern extension of the Aeris Copper mines New targets were discovered in March 2024 by regional reconnaissance auger programs1 Discovery of robust gold and pathfinder anomalies similar to th
Slide 16: Eastern Group Copper-Gold
Eastern Group Copper-Gold Infill and extension auger sampling ongoing to refine best targets for drilling later this year North: Iowaba and Tarawera Central: Honeybugle, Widgelands South: Max’s & Aldebaran Multiple +2 km long gold anomalies. Widgelands: 9.16% and 3.97% Cu in old workings1 Old
Slide 17: Muriel Tank Gold Project
Muriel Tank Gold Project Historic, high-grade gold mining Muriel Tank centre well located with respect to Gold Project existing gold mines. A new exploration focus for Helix with field work planned to commence in September. Refer to Slide 22 Appendix Endnotes for information sources 17 INVESTOR PRES
Slide 18: Muriel Tank Gold Project
Muriel Tank Gold Project Historical Gold Mine Workings 5 km by 1.5 km target zone containing multiple shallow historical mine shafts that produced high-grade gold (~15 g/t Au) Located 20 km east of the Mt Boppy Gold Mine (owned by Manuka Resources) where a new gold plant is under construction
Slide 19: Outlook
Outlook Discovery focus – lining up for drilling at all projects Cobar Project Sept: surface geophysics on 3 targets Oct/Nov: permitting and drilling Dec: drill results Western Tenement Copper Projects Sept: receive infill auger sampling at Bijoux Oct/Nov: drilling at Bijoux; aircore drill
Slide 20: Corporate Perspectives: Investment Summary
Active Copper & Gold Explorer Funding: ~$2.7 million* Corporate Robust copper and gold portfolio Perspectives Proven established mining region Investment Summary Drilling on all projects (ASX:HLX) ASX leverage to discovery Management and local expertise 20 INVESTOR PRESENTATION | AUGUST
Slide 21: Contacts
Contacts KYLIE PRENDERGAST Managing Director [email protected] Level 4, 225 St Georges Terrace, Perth WA 6000 T: +61 8 9321 2644 helixresources.com.au ASX:HLX 21 INVESTOR PRESENTATION | AUGUST 2024 | ASX:HLX
Slide 22: Slide Number References
ENDNOTES Slide References Number 3 Source for Sprott Copper Opportunity infographic: sprott-inforgraphics-the-copper-opportunity.pdf (sprottetfs.com) 4 Picture Source: ABC News. Further detail of the Native Title determination was reported by ABC News on Wednesday 14 August. Federal Court recognises
Slide 23: Important Notices
IMPORTANT NOTICES This presentation has been authorised by the Board of Helix Resources Limited Competent Persons Statement Forward Looking Statements The information in this report that relates to exploration results, and geological data for the Cobar This presentation may include forward-looking s
Slide 24: Appendix A: Mineral Resource Estimates
APPENDIX A MINERAL RESOURCE ESTIMATES Canbelego Main Lode (June 2023) MRE Category Tonnes Grade (Cu%) Cu-Metal (t) Total opencut MRE, ≥240mRL; 0.3 Cu% cut-off grade & underground MRE, <240mRL; 0.8 Cu% cut-off grade Indicated 340,600 1.65 5,620 Inferred 1,493,700 1.75 26,140 Total: Opencut & Undergro
Slide 25: Appendix B: Regional Producers & Deposits
APPENDIX B REGIONAL PRODUCERS & DEPOSITS TRITTON COPPER OPERATIONS1 ENDEAVOR LEAD/ZINC4 • Refer Group Report on Mineral Resources & Ore Reserves 15 • Currently Care & Maintenance November • https://www.cbhresources.com.au/endeavor-mine/ • https://www.aerisresources.com.au/ MT BOPPY GOLD5 CSA MINE2 •
Helix Resources — Dowerin Machinery Field Days JP Equity Marque 2024 on 6ix