Helio Begins 20,000m Drill Programme on the SMP Gold Project

Gold Investing

Helio Resource Corp (CVE:HRC) reports that it has begun a 20,000m drill programme on the SMP Gold project, Tanzania.

Helio Resource Corp (TSXV:HRC) reports that it has begun a 20,000m drill programme on the SMP Gold project, Tanzania.

The press release is quoted as saying:

One diamond drill has started work at the Kenge Target, with the aim of expanding the resource around the Mbenge Zone (where the Company has drilled intercepts up to 48m grading 2.1g/t Au), and upgrading the Snakebite Zone (where the company has drilled intercepts up to 8m grading 20.8g/t Au) to resource status.

Map with zones for resource expansion at the Kenge target, SMP, is presented in the following link: www.helioresource.com/i/pdf/2011-03-09_NRM1.pdf

A second diamond drill rig is scheduled to commence drilling at the Porcupine target to test the Quill and Footwall zones in early April. 

Click here to access the entire press release.

Click here to access Helio’s company profile.

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