Helio Announces Significant Intercepts at DGP Gold Project, Namibia

Two zones of mineralization, including a high-grade zone of 4m at 8.2g/t Au was intercepted Helio Resource Corp (TSXV:HRC) DGP Gold Project, Namibia.

As quoted in the press release:

Gold Kop Target Highlights:

• 12 Reverse Circulation (RC) drill holes completed in December, totalling 1,536m.  Six drill holes failed to reach the target depth due to ground water ingress.  Two holes ended in mineralisation and need to be extended to determine the full width of the mineralised zones.
• Significant intercepts up to 4m at 8.2g/t Au, 8m at 3.2g/t Au, 6m at 2.7g/t Au, and two zones grading 2.9g/t Au over 6m.
• RC drilling at Gold Kop was primarily designed to test the depth potential of gold mineralisation intersected in a previous shallow (50m) RC drill programme (see news release dated November 15, 2011) and to extend older RC drill holes that did not reach target depth.
• Hole OJR122 intersected two zones of mineralisation, including a high-grade zone (4m at 8.2g/t Au), and ended in the target dolomitic unit at 220m due to lack of drill rods.  This demonstrates the depth potential of the prospective host horizon.
• The extension of OJR16 (previously only 50m long, with no significant gold values) to 104m is considered very significant since it is targeted under well mineralised holes on RC Line 2 (4m at 11.6g/t Au and 8m at 1.9g/t Au), and indicates good continuity of mineralisation AND thickening of the mineralised zone to depth.  Mineralisation is still open to depth because the hole stopped in mineralisation due to water ingress.  A section showing the new intercepts on Line 2 is shown in the following link: https://www.helioresource.com/i/maps/2012-02-06_NRM2.pdf
• RC drilling is planned to re-commence in late February / early March.

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