Helio Gets Approval for $1.5 Million Diamond Drill Program

Gold Investing

Helio Resources (TSXV:HRC) announced that the board of directors has approved a $1.5 million diamond drill program for its SMP project in the Lupa Goldfield in Tanzania.

Helio Resources (TSXV:HRC) announced that its board of directors has approved a $1.5 million diamond drill program for its SMP project in the Lupa Goldfield in Tanzania.

According to the press release:

The drill program is expected to include 5,000-7,000m of drilling and be completed by the end of November, 2014.

The drill program will focus on adding additional higher-grade resources from the Porcupine Target, where the deepest previous drill holes intersected 28m grading 5.1 g/t Au (GPD-49) and 53m grading 2.9 g/t Au (GPD-51).

Click here to read the Helio Resource Corporation (TSXV:HRC) press release

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