• Geophysical programs commenced at White Hills, Arizona to test for copper and gold anomalies
• Excellent metallurgical test results for oxide gold mineralization at Cyclopic, Arizona
• Successful $2 million rights issue and placement completed
• Permits received to commence auger sampling at Cobar Muriel Tank gold project, New South Wales

Helix Resources Ltd has reported on its quarterly activities and cashflow for the period ending 31 December 2025. Key highlights include the commencement of geophysical programs at the White Hills project in Arizona to test for copper and gold anomalies in potential intrusive bodies and large-scale structures. The integrated program consists of passive seismic Ambient Noise Tomography, a Controlled-Source Audio-Magnetotellurics survey, and a planned diamond drilling program to follow up on the geophysical and geochemical targets. At the Gold Basin project in Arizona, the company reported excellent recoveries from metallurgical testwork on oxide gold mineralization at the Cyclopic deposit, supporting the potential for future low-CAPEX/low-OPEX oxide gold heap-leach development scenarios. In New South Wales, Helix has completed a review of its Cobar project landholding and decided to withdraw from the Cobar Project JV and relinquish the Yangunya tenement, while retaining a focus on its most advanced target areas. An auger sampling work program has been permitted at the Muriel Tank tenement, and follow-up field programs are being developed for the Bijoux copper project. The company also successfully completed a $2 million rights issue and placement during the quarter, strengthening its financial position.