Hellix Ventures Inc. (CVE:HEL)(PINK:HLLXF) announced assay results on the Phase I Margarita rock sampling program.
Hellix Ventures Inc. (TSXV:HEL)(PINK:HLLXF) announced assay results on the Phase I Margarita rock sampling program.
The press release is quoted as saying:
Anomalous to highly anomalous gold values were found in an area about 300 – 400 meters (980 – 1300 feet) west and north of Margarita Tank. This new zone (now called West Hill) was selected following strongly anomalous gold-in-silt values (710 ppb, 350 ppb, 306 ppb) found in our 2010 silt sampling program.
Hellix is very encouraged by the values obtained in the new zone known as the West Hill. The bedrock in the area appears to be of the same character as the four known mineralized zones and has been shown to contain highly anomalous gold. A more detailed rock sampling program combined with geologic mapping of this area has been recommended. This first round of rock sampling has demonstrated the effectiveness of follow-up rock sampling of drainages with strong gold-in-silts.