Hellix Ventures Inc. announced results from its Margarita gold project in southern Arizona. Hellix completed a total of twelve vertical HQ size diamond drill holes to a maximum depth of 100 feet to confirm historic near surface test results. The results show gold mineralized intervals (minimum three feet) using a 0.3 gram per tonne (0.01 ounces per ton) low cut-off grade. The highest value obtained was 10.5 g/Mt (0.306 oz/t) from Hole #08 over 5 feet. Holes #01, #03, #04, #05 and #06 were drilled in the Main Margarita Zone. Each of these with the exception of Hole # 05 gave results of a minimum of 20 feet of surface or near surface continuous mineralization with averaged values ranging from 0 .75 g/Mt (0.022 oz/t) to 2.99 g/Mt (0.087 oz/t). Hole #01 ended in mineralization at a depth of seventy-five feet. Pulps from Hole #05 will be rerun as an additional check. Holes # 02 and #07 were drilled in the North Margarita Zone. Hole #07 gave results of 1.12 g/Mt (0.032 oz/t) over a 20-foot length from surface.0 Holes #08, #09 and #010 were in the North Hill Zone. Hole #08 returned the highest value of 10.5 g/Mt (.306 oz/t). Holes #08 and #09 had 20 and 21 feet respectively of continuous mineralized intervals near surface. Holes #11 and #12 were drilled in the Cascabel Zone. The results from this zone were disappointing with only limited siliceous material in core encountered in Hole #11 and none in Hole #12. Historic holes drilled in this area showed far greater values according to data provided by earlier exploration companies. The coordinate systems used historically were not standardized, and as such, exact locations of the previously drilled northern zone holes could not be established. Hellix will be utilizing these current assay results in an attempt to pinpoint these holes.