Projects
West Pilbara Basemetals Project - Western Australia
Helix Resources Limited 100%E47/1090 and E47/1089, E47/1075, 1169-1171(All minerals other than Fe - subject to Yalleen JV)
Background
Helix holds approximately 400 km² of greenfields tenements targeting precious and base metals in a corridor spanning from the Proterozoic Fortescue formation into the Hamersley basin to the South. The projects are prospective for VMS/VHMS style copper-lead-zinc in the mixed volcanic/volcano-sedimentary lithologies of the Fortescue Group and manganese ± base metals in the basal sequences of the Hamersley Group.Exploration Update
Booyeema Nickel Target
E47/1089, 1090 The Booyeema Project in the West Pilbara is considered prospective for sulphide copper and nickel accumulations in mafic/ultramafic intrusives in Achaean basement under Fortescue Formation cover.A detailed aeromagnetic survey completed in early 2008 as part of the Company’s broader base metal exploration strategy defined several discrete magnetic bodies associated with a regional NE structural corridor. In December 2008 an airborne VTEM electromagnetic survey was flown over the structural target. The survey highlighted a +800m long conductive body modeled at a depth of approximately 220m (depth is within basement lithologies under Fortescue Group cover).
A Joint venture partner is being sought to advance this project.
Booyeema Nickel Project location map
Geophysical Targets
Blacktop Project
E47/1075The Blacktop Project covers a re-activated, NE regional fault exposed in the Fortescue Group basin. This fault continues north to control and define the western edge of the Munni Munni intrusive complex.
A series of follow-up detailed soil traverses and mapping in April has identified PGE (platinum + palladium) and nickel anomalism associated with a unit within the Fortescue Group. This unit, which is interpreted to extend over 7kms along strike, is several hundred metres wide and appears to consist of a mixture of sulphide-rich mafic dykes and basaltic flows.
A Joint Venture partner is being sought to advance this project.
