|Tue Dec 6, 2005|
New Base and Precious Metal Anomalies Discovered at Honib
|Helio Resource Corp. (TSX-V: HRC) ("Helio") is pleased to announce the discovery of three significant multi-element soil anomalies at its' 100% owned Honib property, located in northwestern Namibia. Soil sampling at Honib was undertaken to follow-up three high priority stream sediment anomalies discovered by the Company earlier this year (See Company Press Release dated September 12, 2005 at www.helioresource.com).|
Results from the Grid 1 sampling show a significant Zn ± Pb ± Cu ± Ag ± Au anomaly over an area measuring 4,300m x 500m, open in both directions along strike under cover. The anomaly is hosted by a package of volcano-sedimentary rocks of the Palaeoproterozoic Khoabendus Group. Peak geochemical responses are 687ppm Zn, 621ppm Pb, 137ppm Cu, 3.4g/t Ag and 160ppb Au (compared to 97th percentile values of 320ppm, 218ppm, 65ppm, 1.1g/t and 10ppb respectively). The anomaly exhibits a strong zonation, from Pb- rich in the north to Zn-Cu rich in the south. The silver values within the anomaly are the highest recorded from any soil samples taken by Helio.
Grid 2, located 1km SW of Grid 1, contains a 1,000m x 500m Cu ± Pb ± Zn ± Ag anomaly with a peak geochemical response of 1,512ppm Pb. The anomaly occurs along the contact of the volcano-sedimentary package with a granitic intrusive.
Grid 3, located 2km S of Grid 2, hosts a 2,400m x 400m Cu ± Pb ± Zn ± Ag anomaly, adjacent to outcropping copper mineralization where Helio has previously reported a 3m channel sample grading 6.5% Cu, 1.09 g/t Au and 160g/t Ag. The Grid 3 anomaly also occurs along the contact of the volcano-sedimentary package with a granitic intrusive.
Given the significant results obtained, follow-up work is planned for 2006, and is to include geological mapping, rock chip sampling and IP geophysics to define drill targets.
A total of 1,076 samples (including duplicates) were taken on three grids covering a total area of 11.1km2, using a 250m x 50m spacing. The Honib licence contains a strike length of over 30km of the prospective target horizon, of which approximately 9km of strike has now been tested by soil sampling.
Chris MacKenzie, M.Sc., C.Geol., Helio's Executive Chairman and a Qualified Person as designated by NI 43-101, supervised the sampling and quality control programs at Honib and has reviewed the technical content of this news release. The samples were analyzed at Global Discovery Laboratories in Vancouver, Canada.
Helio Resource Corp., based in Windhoek, Namibia, is one of Southern Africa's leading exploration companies and specializes in innovative new-project generation. Helio is actively developing 10 prospective gold, copper and diamond properties in Namibia and Botswana. As part of its strategic approach to project development, Helio has forged partnerships with firms such as Teck Cominco, Indicator Minerals, Yale Resources, Boulder Mining and Springbok Resources to advance a number of its projects.
For additional information, please contact either Richard Williams at firstname.lastname@example.org or Irene Dorsman at email@example.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
"Richard D. Williams"
Richard D. Williams, P.Geo
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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