Helio Resources Reports Latest Drill Resutls on SPM Gold Project

Gold Investing

Helio Resource Corp. (TSX-V: HRC) announced today first results from the 2010 diamond drill programme at the SMP Gold Project in the Lupa Goldfields, Tanzania.

Helio Resource Corp. (TSX-V: HRC) announced today first results from the 2010 diamond drill programme at the SMP Gold Project in the Lupa Goldfields, Tanzania. A new zone of gold mineralisation was intersected in GPD-65 – 10m grading 5.8g/tAu from 303m (including 1m grading 17.5g/t Au from 204m).

The press release is quoted as saying:

These results demonstrate the potential of the Porcupine target to host a number of variably oriented mineralised structures.  Further structural interpretation and targeting of these structural intersections is planned in the near future.

Click here for the full press release.

Click here for Helio’s Corporate Profile.

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