|Tue Apr 17, 2007|
Yale Withdraws from Option Agreements in Namibia
|Helio Resource Corp. ("Helio" or the "Company") (TSX-V: HRC) reports that Yale Resources Ltd has withdrawn from the option agreements on the Leicester and Makuru projects in Namibia. |
Helio Resource Corp., based in Windhoek, Namibia, is one of Southern Africa's leading exploration companies, specializing in project generation. Helio is actively exploring 18 prospective gold, base-metal and diamond properties in Namibia, Botswana, Mozambique and Tanzania, and is focusing on progressing the SMP project in Tanzania. As part of its strategic approach to project development, Helio has worked in partnership with firms such as Teck Cominco, Boulder Mining, Indicator Minerals, and Yale Resources to advance a number of its projects.
For additional information, please contact Richard Williams or Irene Dorsman at (604) 668 8363 or by e-mail to firstname.lastname@example.org or email@example.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Richard D. Williams"
Richard D. Williams, P.Geo
Christopher J. MacKenzie, C.Geol.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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