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Helix Resources Limited ( (AU:HLX) ) just unveiled an update.
Helix Resources Limited announced successful metallurgical testwork results for its Gold Basin oxide-gold deposit, confirming excellent gold recoveries and low reagent consumption, which enhance the project’s development potential. The results indicate that the deposit is highly amenable to heap leaching, with no metallurgical barriers, supporting the company’s plans for a low CAPEX/OPEX heap-leach operation, and positioning Gold Basin as a significant growth opportunity for Helix.
More about Helix Resources Limited
Helix Resources Limited is involved in the mining industry, focusing on gold and copper exploration and development. The company has a joint venture interest in the Gold Basin oxide-gold project located in Northern Arizona, USA, within the Walker Lane Gold Trend, known for its world-class oxide gold deposits.
Current Market Cap: A$8.02M
See more insights into HLX stock on TipRanks’ Stock Analysis page.