TSX-V Trading Symbol: HRC Tel.: +1 604 638 8005
E-mail: email@example.com Website: www.helioresource.com
VANCOUVER, May 14 /CNW/ - Helio Resource Corp. ("Helio" or the "Company")
(TSX-V: HRC) is pleased to announce the delineation of a major new
gold-in-soil anomaly at the SMP Gold Project, Lupa Goldfields, SW Tanzania.
The Dubwana Target is located approximately 2km to the north of the Porcupine
Target where Helio has just resumed drilling (Press release dated 12 May
Helio conducted soil sampling on a 250m x 250m offset grid, taking over
850 samples covering the whole of the Gap licence portion of the SMP project
area. The work resulted in the identification of a large soil anomaly, called
Dubwana. The anomaly has dimensions in excess of 5.5km long x 1.3km wide,
compared to approximately 4.5km long x 750m wide in the Porcupine-Gap soil
Geological mapping and rock grab sampling has confirmed that the host
rocks and style of mineralisation at the Dubwana anomaly are similar to those
at Porcupine. Gold assays from grab samples taken from outcrop within the
Dubwana Target range from 0.1g/t Au to 27.4g/t for mineralised quartz veins
and up to 2.78g/t for sheared wallrock.
A compilation map showing the geochemical soil anomaly is presented in the
- Compilation map:
The company is very excited about the new discovery and intends to drill
this new target during 2009.
ABOUT THE SMP GOLD PROJECT
Helio, through its 100% owned subsidiary BAFEX Tanzania Ltd., can earn a
100% interest in five contiguous licences, which cover a 35km strike length of
the Saza Shear Zone. The project covers the New Saza Gold Mine, which was the
second largest gold producer, behind the Geita Mine, in pre-Independence era
Since June 2006, the Company has drill-tested eleven targets, nine of
which are hosted by the Saza Shear Zone. All eleven targets have intersected
bedrock-hosted gold mineralisation, the most advanced being the Kenge and
Porcupine Targets. At Kenge drilling has returned up to 22.0m grading 6.9g/t
gold in the Main Zone and 48.7m grading 2.1g/t Au from the Mbenge Zone (see
the Corporate Presentation on the Home Page of the Company's website at
www.helioresource.com). The best mineralised intercept to date at the SMP was
drilled at the Porcupine target (52.2m grading 3.3g/t Au).
Chris MacKenzie, M.Sc., C.Geol., Helio's COO and a Qualified Person as
designated by NI 43-101, supervises the exploration at the SMP project,
including the sampling and quality assurance / quality control programmes, and
has reviewed the contents of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
"Richard D. Williams" "Chris MacKenzie"
Richard D. Williams, P.Geo Christopher J. MacKenzie, C.Geol.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Richard Williams, (604) 638-8005 or by e-mail