Helio Report Positive Drill Results at the Konokono Target

Gold Investing

Helio Resource Corp.(TSXV:HRC) reported final drill results from their 2011 drill program at the SMP Gold Project, Tanzania. The results of the 2011 program confirm the presence of multiple new mineralization zones.

Result highlights include:

Helio Resource Corp.(TSXV:HRC) reported final drill results from their 2011 drill program at the SMP Gold Project, Tanzania. The results of the 2011 program confirm the presence of multiple new mineralization zones.

Result highlights include:

  • Discovery of new, very wide zones of low grade mineralisation, indicating excellent bulk tonnage potential;
  • SER36 – 72m grading 0.5g/t Au
  • SER37 – 112m grading 0.5g/t Au;
  • Intersection of narrower, high grade zones;
  • SER22 – 4m grading 11.2g/t Au
  • SER36 – 8m grading 3.2g/t Au
  • Mineralisation appears to be continuous through to the Kipanga Target (southwest to the Konokono Target), extending the strike length of mineralisation to 1,700m;
  • Mineralisation is open along strike and to depth.

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