Helix Resources Limited announced a drilling update at the Company's Collerina Copper Project in Central NSW. The current program is aiming to drill test extensions to copper mineralisation in the Exploration Target surrounding the initial Maiden Resource Estimate wireframe at the Collerina Copper Deposit. Drilling is currently paused after completing the first 10 holes (1,400m) of the program. Drilling will be resuming in the second half of January 2020 after Down hole EM surveys are completed in several holes. A significant outcome from this phase of drilling is the intersection of massive, semi-massive and disseminated copper sulphide mineralisation in targeted zones approximately 180m down-dip from the resource wireframe of the Central Zone. This is consistent with the revised geological and structural model and provides real scope to increase the scale of Collerina mineralisation as drilling continues. Selected zones have been collected and sent to the Laboratory for assay. DHEM surveys will be undertaken in selected holes to assist in vectoring toward further zones of massive sulphide accumulation on this new (and open)emerging copper zone. The drilling program also tested the northwest extension of the Collerina Deposit. This extension is coincident with an airborne/moving loop EM trend and is trending toward a bulls-eye magnetic feature. A previously drilled hole, CORC036 located on the western edge of the Collerina Deposit, intersected broad oxide copper mineralisation returning 23m @ 0.5% Cu from 37m, including individual 1m intervals of up to 3.6% Cu (from 56-57m) for oxidised (weathered) copper mineralisation¹. Holes drilled on this extension have intersected zones of oxide and transition copper mineralisation (including native copper) in two fence lines of drilling. This extends the known Collerina mineralised system by approximately 150m to the west/northwest. Significantly, drilling is vectoring toward a magnetic anomaly a further 190m WNW of the recent drilling. This magnetic feature is interpreted as a possible feeder structure, and was recently modelled as a pipe-like body dipping steeply to the north (70-80 degrees) and modelled from a depth of 50-60m below surface. A drill hole is now being planned to test this zone at the end of the current drilling phase. This extension zone remains open to the west-northwest. Further drilling is planned after the DHEM surveys to test the plunge and dip of this zone deeper into fresh rock. Similar oxide widths and copper grades improved significantly below 80m from surface in the nearby Central Zone. A broad zone of oxide copper mineralisation has been observed in a hole drilled approximately 40m W-SW of CORC009 (53m @ 0.5% Cu from surface, incl. 5m @ 4.2% Cu from 48m to EOH). Copper oxides were observed in hematised sediments from 4m to 60m in the new hole before transitioning into a laminated cherty horizon. The host geology is similar to the Central Zone, however appears to the overturned, consistent with a fold closure. This possible footwall fold position is poorly drilled tested down dip/plunge. This new intersection of oxide copper mineralisation may represent the near surface expression of an off-hole DHEM conductor below the Central Zone that was identified in earlier drilling at the deposit. This position could represent another fold thickening zone of sulphide accumulation plunging parallel in the footwall of the Central Zone of the Collerina Deposit. Downhole Electromagnetics (DHEM) is an effective tool for targeting thicker higher grade the copper sulphide at Collerina. Helix is continuing to use DHEM to vector drilling toward zones of massive sulphide accumulation as the drill program progresses. A program to survey strategic holes in the recently completed initial program is underway.