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An announcement from Helix Resources Limited ( (AU:HLX) ) is now available.
Helix Resources Limited announced several key developments in its quarterly activities report for September 2025. The company plans to commence drilling at the White Hills Gold project in the December 2025 quarter, targeting porphyry copper and gold. An updated resource estimate is underway for the Gold Basin project, which currently holds an inferred resource of 299,800 ounces of gold. Helix is also re-evaluating its strategic options for its nickel, cobalt, and scandium properties in New South Wales. Additionally, the company successfully completed a $2 million rights issue and placement, and fieldwork is set to begin at the Cobar Muriel Tank gold project. These activities indicate Helix’s strategic focus on expanding its exploration efforts and optimizing its resource portfolio.
More about Helix Resources Limited
Helix Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in projects targeting copper, gold, nickel, cobalt, and scandium, with a market focus on regions such as Arizona, USA, and New South Wales, Australia.
Current Market Cap: A$5.35M
For a thorough assessment of HLX stock, go to TipRanks’ Stock Analysis page.