Helix Resources Limited ( (AU:HLX) ) has provided an update.
Helix Resources Limited has entered into a conditional binding agreement to earn a 40% interest in the Gold Basin oxide gold project in Arizona, USA. This project, located in the Walker Lane Gold Trend, covers a large area with advanced gold targets and has the potential for significant resource upgrades. The project is seen as a near-term production opportunity with potential for low-cost development, enhancing Helix’s strategic positioning in a favorable jurisdiction.
More about Helix Resources Limited
Helix Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects related to gold and copper, with a particular interest in strategic locations with significant growth potential.
Technical Sentiment Signal: Strong Sell
Current Market Cap: €3.78M
For detailed information about HLX stock, go to TipRanks’ Stock Analysis page.