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Helix Resources Limited ( (AU:HLX) ) has provided an announcement.
Helix Resources has advanced its exploration efforts at the White Hills porphyry copper-gold project in Arizona, launching deep geophysical programs in December 2025, including passive seismic Ambient Noise Tomography and Controlled-Source Audio-Magnetotellurics to image up to nearly 2 km depth and refine a 3D model for drill targeting of large copper-gold anomalies. Alongside these technical programs, the company reported strong metallurgical recoveries from oxide gold mineralisation at its Cyclopic project, underpinning the potential for a future low-cost heap-leach development, completed a A$2 million capital raising via a rights issue and placement to fund ongoing work, and secured permits to begin auger sampling at its Cobar Muriel Tank gold project, collectively reinforcing its pipeline of copper and gold exploration assets and supporting future value-creation for shareholders.
The most recent analyst rating on (AU:HLX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Helix Resources Limited stock, see the AU:HLX Stock Forecast page.
More about Helix Resources Limited
Helix Resources Limited is a mineral exploration company focused on copper and gold projects, with key activities in porphyry copper-gold exploration in Arizona, USA, and gold exploration projects including oxide gold prospects such as Cyclopic and the Cobar Muriel Tank gold project. The company targets large-scale mineral systems and aims to advance projects with potential for economically viable development, including low-capex, low-opex heap-leach gold operations.
Current Market Cap: A$8.02M
For an in-depth examination of HLX stock, go to TipRanks’ Overview page.