By Kalwinder KaurMay 29 2012
Helio Resource has announced an update on the new drill program carried out at the Gold Kop Target.
Location of the new grids
The company has released a phase II geochemical soil sampling survey results from the Otjimbojo Licence, which is located near the Gold Kop target.
Navachab-style gold mineralization was identified during the company’s prior drill program conducted in 2011 at the Gold Kop target. The company carried out drill testing over a strike of 1.3 km and encountered mineralization styles, namely immense sulphide zones containing 4.4% copper, 9.0 g/t gold and 75 g/t silver over 7 m; high-grade narrow quartz veins grading 33 g/t gold over 1 m; high-grade metasomatic replacement bodies containing 15 g/t gold and 60 g/t silver over 2 m; and wide and low-grade gold mineralized zones in dolomitic marbles.
Helio has drilled mineralization outcrops at surface to 159 m of downhole depth. A reverse circulation drill program was carried out at the Oasis target, situated 800 m towards southwest part from the Gold Kop Target. Helio drilled 1,962 m, totaling 39 near-surface reconnaissance holes.
Helio’s soil sampling campaign conducted during January 2012 covered a 10 sq. km region nearby and over the Gold Kop target. Based on these results, the company completed two infill grids at the Gold Kop and a third grid over the Bull's Eye target, which is situated about 5 km towards northwest of the Gold Kop target.
Source: http://www.helioresource.com/
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