Mining Nerds



Helix Resources Ltd.

Ticker: HLX : ASX Description: Helix Resources Limited engages in the exploration and development of platinum group metals, gold, and other minerals in Western Australia and South Australia. The company's major exploration projects comprise Lake Evarard Au project, Glenburgh Au, Isolated Hill Gold project, and Menzies project. The Lake Everard gold project is located 700 kilometers northwest of Adelaide in South Australia's Gawler Craton and comprises 3,250 square kilometers of tenements, including the Lake Everard tenement, EL2697, which contains the Tunkillia gold deposit. The Glenburgh gold project is located 300 kilometers east of Carnarvon, in the Gascoyne region. The company also has joint venture J A Bunting & Associates Pty, Ltd. a 90% interest in Loongana project; with DeBeers Australia Exploration Limited a 100% interest in Pilbara Diamonds project; With Mintoaur Exploration a 100% interest in Tunkillia project for gold; and with API Management Pty, Ltd. a 100% interest for iron ore. Helix Resources is headquartered in West Perth, Australia.
Shares (mm): 95.9
Market Cap (mm): $18.7
Cash Flow (mm): -$4.6
Cash (mm): $1.2
Last Price: $0.20
$ Change:-0.0045385
% Change: -2.27
Volume: 118,081
Website: www.helix.net.au
Google Finance: http://finance.google.com/finance?q=HLX.AX&hl=en
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