Helio Resource Infill Diamond Drilling on Porcupine Target Intersects 79m grading 3.1g/t AU

Helio Resource Corp. [TSX-V:HRC] reports the latest results from the 2010 diamond drill program at the SMP Gold Project in the Lupa Goldfields, Tanzania.

The Press Release is quoted as saying:

This drill hole intersected a wide zone of gold mineralisation (as anticipated from previous drilling in the same area), which averaged:

• 79m grading 3.1g/t Au from 88m (estimated true thickness is 40m);
• Including 38m grading 5.0g/t Au from 100m (inc. 1m grading 82.7g/t Au between 101-102m) (estimated true thickness is 20m).

These results confirm that the Porcupine target hosts a number of variably oriented mineralised structures, and effective targeting of these can give rise to significant increases in gold grade.

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