Helix Resources Limited provided an update on the Company's copper exploration activities on its wholly owned tenements along the Collerina Copper Trend, located in the prolific copper-endowed Cobar region of NSW. Reverse-circulation drilling targeting shallow, oxide-copper mineralisation around the Company's CZ Mineral Resource intersected thick zones of copper mineralisation, some of which include gold. This is a new zone, defined by three drill holes over a 100m span and is open to the southeast. The term `oxide' refers to copper mineralisation which has been remobilised and concentrated within the weathering profile. The minerals generally comprise the distinctive green (malachite) and blue (azurite) hydroxide copper minerals as well as a friable form of a high-tenor copper mineral ? chalcocite with traces of native copper. The presence of chalcocite creates opportunities for Helix to extend the oxide mineralised zones where historical drilling was not sampled. This report presents assay results for seven reverse circulation drill holes forming part of a drilling program currently underway at the CZ Deposit2, on the Collerina Trend. This CZ drilling program comprises a mixture of RC and diamond core to test for copper resource extensions and improved resource definition. In addition, four diamond core holes have been completed for metallurgical test work. RC drilling was recently completed testing for extensions of the existing oxide copper Mineral Resource2, as well as providing pre-collars for diamond core drilling to test extensions of primary sulphide copper mineralisation at depth. Fourteen holes (CORC0136 to CORC0149), comprising 1,318.6m of RC and 550m of diamond core tails have been completed to date. Seven RC holes targeted shallow oxide resources and the remaining holes are targeting primary sulphide mineralisation with pre-collared diamond holes. Sampling of the RC holes has been completed and logging of the diamond tails is in progress. Results have been received for four RC holes that targeted oxide resources. Significant copper intercepts have been returned in three of those holes. A significant gold intercept was also returned in hole CORC0141. These intercepts have defined a new zone of copper oxide mineralisation over 100m of strike length outside of the existing resource shell, which remains open to the southeast. The term `oxide resources' refers to the weathered, generally shallow portions of the primary copper-sulphide mineralisation. This weathering involves low-temperature chemical reactions associated with the percolation of ground water over thousands to millions of years. As water tables rise and fall, and as specific chemical conditions change between oxidising and reducing environments, a zonation of copper mineral species occurs. The distribution of these minerals is also controlled by the footprint of the primary copper mineralisation and the permeability of the rock through which the ground water percolates. Within the shallow, weathered horizon, Helix geologists have observed in the drill chips predominantly, malachite (Cu2(OH)2CO3 (green)) and azurite (Cu3(OH)2(CO3)2 blue)) as well as chalcocite (Cu2S, (black)) and native copper (Cu). The copper intercepts are associated with a variable abundance of azurite and malachite, ranging from 0.5% to 3% (visual estimate4) in one metre samples. This copper mineralisation is associated with quartz-rich zones and distinct narrow gossan lenses ? which are regarded as broken and porous units for water movement. In addition, each of the holes CORC0139 to CORC0141 intersected a narrow zone of chalcocite between 35m and 38m downhole (17.5m to 19m vertical). This is a higher tenor copper mineral species and reflected in the higher copper assays in this zone. Interestingly, the chalcocite is highly friable and puggy, hence, when the geologists sieve and wash the RC chips, much of the chalcocite is washed away and is under-represented in the geological logging records. The samples for assaying are not sieved or washed and these copper assays are representative of the contained copper in the one-metre samples. This phenomenon may explain why some shallow zones of historical RC drill holes were not sampled. Chalcocite was also observed in the PQ diamond core holes, CODD0132 and CODD0133, which were drilled for the metallurgical test work. CODD0133 intersected a 17m down hole interval of interbedded gossanous schist and mica-chlorite schist from 40m. This interval included massive pyrite with trace chalcocite from 40m to 43.5m and up to 2% chalcocite from 46m to 48.4m (visual estimate4), associated with gossan and trace native copper from 54m. These intervals are along strike to the northwest of the mineralised intercepts in CORC0139 to CORC0141. Further drilling is planned to follow-up these significant results. The remainder of the current drilling program will target deeper primary mineralisation with diamond tails to RC pre-collars. A further 500m to 600m of diamond core tails are planned. Down hole EM surveys will be undertaken on four RC pre-collared diamond core holes (RCDD). The DHEM survey is expected to commence within the next two weeks. An additional two holes are available in the approved 20-drill hole program, and these holes will be designed after further review of ongoing results. Assays for the remaining RC samples are expected in November, with RCDD assays to follow in December. Results have also been received for three RC pre-collars, however no significant results were returned.