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 Fri Sep 14, 2007
Update on Namibian Exploration Activities

 
Helio Resource Corp (the "Company") (TSX-V: HRC) is pleased to provide an update on its exploration activities in Namibia.

Tevrede North

The company has completed an extensive soil sampling progamme, covering approximately 140km2, over prospective volcano-sedimentary strata on the Tevrede North licence. 4,381 soil samples were collected on a 500 x 100m sampling grid. A number of coincident anomalies were detected. Peak geochemical assays are:

Gold1.05g/t(Mean + 2 Standard Deviations = 0.05g/t)
Silver2.40g/t(M+2SD = 0.2g/t)
Copper838ppm(M+2SD = 82ppm)
Lead944ppm (M+2SD = 54ppm)
Zinc3,330ppm(M+2SD = 160ppm)

These results represent the highest reconnaissance soil sampling values recorded by Helio in the Kamanjab area and are considered highly significant given the wide spacing of the sampling grid.

The soil sampling programme followed up on previously-detected stream geochemical anomalies (Company press release dated March 2, 2007) and extensions of the mineralized stratigraphy drilled at the Company's Honib licence (Company press release dated March 2, 2007), located immediately south of Tevrede North. The mineralized stratigraphy is characterized by a coincident Zn ± Cu ± Pb ± Ag ± Au anomaly over 18 kilometres long and up to 500m wide.

A second polymetalic anomaly, named Hornbill, is also present in the grid and has a peak geochemical response of 3,300ppm Zn. Five rock grab samples have been collected over the Hornbill anomaly and these returned the following assays:


Sample No Au Ag Cu Pb Zn
RTN098 - 6.2g/t 0.43% 0.11% 0.17%
RTN099 - 6.4g/t 0.24% 1.03% -
RTN100 0.63g/t 345g/t 7.68% 4.23% 0.89%
RTN101 1.35g/t 698g/t 1.51% 1.89% 0.44%
RTN102 0.25g/t 8.5g/t 2.47% 0.16% 0.14%

Follow up detailed soil sampling and mapping is currently being planned in order to delineate drill targets.

An updated profile of the Tevrede North licence will be posted shortly on the Company's website www.helioresource.com.

New Licences Granted

The Company is pleased announce that it has been granted four new licences in the Damara Gold Belt close to the Company's Vredelus and Makuru licences. The new licences are as follows:
    EPL 3737 - ETJO NORTH
    EPL 3738 - WILHELMSTAL
    EPL 3739 - OTJIMBOJO
    EPL 3741 - ETJO SOUTH
A map of the new licences showing their location relative to Vredelus and Makuru is attached.

Helio Resource Corp. is a dynamic, technically-driven mineral exploration company, focused on high-quality project generation in southern Africa. Helio is actively exploring 26 prospective gold, base-metal and diamond properties in Namibia, Botswana, Mozambique and Tanzania. The main focus for the Company is the development of the SMP gold project in Tanzania. As part of its strategic approach to project development, Helio continues to pursue joint venture partners for its projects in Namibia, Botswana and Mozambique and to assess new opportunities in southern Africa.

For additional information, please contact Richard Williams or Irene Dorsman at +1 604 638 8007 or by e-mail to richard@helioresource.com or irene@helioresource.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Richard D. Williams"
Richard D. Williams, P.Geo
CEO
"Chris MacKenzie"
Christopher J. MacKenzie, C.Geol.
COO


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 
 

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