- Helix Resources (HLX) has received assays from 13 holes drilled across four prospects at the Cobar Gold Project in New South Wales
- This drilling is part of a 29-hole, 3400-metre drilling program
- Helix drilled one hole at Link Zone which situated between the Sunrise prospect and the Good Friday prospect
- The company targeted this area as it demonstrates the potential for a larger-scale if the adjacent prospects join through a mineralised structure
- The next stage of drilling will begin later this month and will completed in November
- Company shares have dropped 26.9 per cent and are trading for one cent
