Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | HELIX Resources Ltd (HLX.ASX) |
|---|---|
| Release Time | 30 Apr 2026, 11:52 a.m. |
| Price Sensitive | Yes |
Quarterly Activities and Cashflow Report
- Arizona Project consolidation well progressed for both the White Hills and Gold Basin Projects
- White Hills project - integrated preliminary structural architecture, mineralised faults and drill targets generated
- Gold Basin oxide gold Project - 40% earn in Joint Venture formalised
Helix Resources reported progress on exploration programs at its White Hills Copper-Gold Project in northern Arizona during January 2026. Geophysical and field programs that commenced in December 2025 were designed to refine geological interpretations, evaluate the scale of copper-gold mineralisation, and integrate new datasets with historical drilling and mapping to support ranked drill targets for planned follow-up drilling in early 2026. The company also advised that integration of published regional geological work and field mapping observations with Ambient Noise Tomography (ANT) survey has been used to establish a preliminary structural architecture, identifying major fault zones and damage corridors that likely acted as pathways for hydrothermal fluids. Helix holds an option to acquire two Centric companies that hold the consolidated White Hills project, and is awaiting confirmation from Newmont that Centric has completed the required farm-in expenditure. Planned work programs include analysis of rock samples, permitting of a drill program, Leapfrog 4D model consolidation, and an expanded soil program. Regarding the Gold Basin JV project, Helix provided an update on the status of the joint venture with Canex Metals Inc, including details of the formal JV agreement and planned work programs. The company also reported on exploration activities at its Muriel Tank project in New South Wales and proposed work programs across its NSW portfolio.