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Tanzania and Namibia – Golden Opportunities. DISCLAIMER.
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DISCLAIMER This presentation may contain forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Helio to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements may include statements regarding exploration results and budgets, resource estimates, work programmes, strategic plans, market price of precious and / or base metals or other statements that are not statements of fact. Although Helio believes the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Various factors that may affect future results include, but are not limited to, fluctuations in market prices of metals, foreign currency exchange fluctuations, risks relating to exploration, including resource estimation and costs and timing of commercial production, requirements for additional financing, political and regulatory risks, and other risks described in Helio’s management discussions and analyses as filed on SEDAR. Accordingly, undue reliance should not be placed on forward-looking statements. All technical information contained within this presentation has been reviewed and approved for disclosure by Mr. C. MacKenzie, M.Sc., C.Geol, Helio’s COO and Qualified Person as designated by NI 43-101 tsx-v:hrc disclaimer slide 1 www.helioresource.com
PROJECTS tsx-v:hrc projects slide 2 www.helioresource.com
STRATEGY AND FOCUS • Exploration for “World Class” gold deposits • Focus – Tanzania + Namibia • Political and economic stability • Under-explored regions • Excellent geological potential • Strong mining culture • Established legal code • Major mining companies active tsx-v:hrc strategy and focus slide 3 www.helioresource.com
BOARD AND MANAGEMENT MANAGEMENT / DIRECTORS / FOUNDERS Richard Williams CEO Chris MacKenzie COO BOARD OF DIRECTORS Gren Thomas (Chairman) Founder of Aber Resources, Chairman of Strongbow Cliff Davis CEO of Nevsun Resources Stephen Leahy Chairman and CEO of North American Tungsten Corp. Colin Jones Exec. VP Dundee Resources Ltd. tsx-v:hrc board and management slide 4 www.helioresource.com
CORPORATE INFORMATION • Listing TSX.V:HRC • Issued & Outstanding 79,349,349 • Management & Insiders ~12.3% of I&O • Institutional Holdings ~45% of I&O • Warrants 13,053,610@ $0.35-0.81 ~ $8,200,000 to Treasury 6,825,000 @ $0.60 (April 8, 2011) 478,610 @ $0.35 (April 8, 2011) 5,750,000 @ $0.81 (Feb 14, 2013) • Stock Options 4,445,000 • Fully Diluted 96,847,959 • Cash $3,000,000 • no debt tsx-v:hrc corporate information slide 5 www.helioresource.com
TANZANIA – SMP Gold Project • SMP Gold Project • Past mining district • Excellent infrastructure • Close to water source • Road accessible • Large land package • Power into property • No population pressure • Year-round exploration tsx-v:hrc tanzania – smp gold project slide 6 www.helioresource.com
LUPA GOLDFIELDS • Geology • Lupa Block located at triple junction of the Great Rift Valley • Major intrusive complex (gabbro / diorite / granite) - greenschist and lower amphibolite facies Arc – not Ubendian Mobile Belt • Main mineralised structures trend ENE and NW • Free gold occurs in mineralised zones up to 90m+ wide, with individual quartz veins up to 10m thick • New Re - Os date on mineralisation at SMP of ~1.93Ga tsx-v:hrc lupa goldfields slide 7 www.helioresource.com
SMP GOLD PROJECT • 750,000 ounces produced in Lupa Goldfields • New Saza Mine produced 270,000 ounces of gold @ 7.5g/t Au (1939 – 1956) • Project covers 5 licences / 23,800 hectares (238km2) • Option to earn 100% interest subject to royalty • Earn-in completed on 4 out of 5 licences • Control over 35km strike length of Saza Shear Zone tsx-v:hrc smp gold project slide 8 www.helioresource.com
SMP - HISTORIC GOLD MINES • 6 colonial-era gold mines • 60km strike length of prospective auriferous structures tsx-v:hrc smp - historic gold mines slide 9 www.helioresource.com
SMP - PROSPECTS • Numerous Au occurrences and soil anomalies • Widespread historical and current artisanal mining activity tsx-v:hrc smp – prospects slide 10 www.helioresource.com
SMP – DRILLING SUCCESS • Porcupine • 52m @ 3.3 g/t Au • 28m @ 5.1 g/t Au • 53m @ 2.9 g/t Au • Kenge Main • 22m @ 7.0 g/t Au • Kenge SE • 22m @ 3.6 g/t Au • Mbenge • 48m @ 2.1 g/t Au • Mbenge East • 16m @ 3.8 g/t Au • Snakebite • 8m @ 20.8 g/t Au tsx-v:hrc smp – drilling success slide 11 www.helioresource.com
SMP TARGETS DRILL-TESTED • 16 targets tested over a 20 km strike length • (Mbenge and Snakebite now part of Kenge) tsx-v:hrc smp targets drill-tested slide 12 www.helioresource.com
SMP – PORCUPINE DD SECTION tsx-v:hrc smp – porcupine dd section slide 13 www.helioresource.com
SMP – PORCUPINE LONG SECTION tsx-v:hrc smp – porcupine long section slide 14 www.helioresource.com
SMP – PORCUPINE NEW DRILLING tsx-v:hrc smp – porcupine new drilling slide 15 www.helioresource.com
SMP – PORCUPINE NEW DRILLING tsx-v:hrc smp – porcupine new drilling slide 16 www.helioresource.com
SMP – KENGE TARGET • Numerous Au occurrences and soil anomalies • Widespread historical artisanal mining activity tsx-v:hrc smp – kenge target slide 17 www.helioresource.com
SMP – KENGE TARGET tsx-v:hrc smp – kenge target Slide 18 www.helioresource.com
KENGE TARGET – RAZORBACK MINE tsx-v:hrc kenge target – razorback mine slide 19 www.helioresource.com
METALLURGY • Low Cyanide Consumption • No “Preg Robbing” activity • Non acid-generating tailings tsx-v:hrc metallurgy slide 20 www.helioresource.com
SMP – NEW PROSPECTS • Numerous Au occurrences and soil anomalies • Widespread historical artisanal mining activity tsx-v:hrc smp – new prospects slide 21 www.helioresource.com
SMP – TUMBILI TARGET • RC drill programme to test all newly identified targets. tsx-v:hrc smp – tumbili target slide 22 www.helioresource.com
PROJECTS tsx-v:hrc projects slide 23 www.helioresource.com
NAMIBIA – DAMARA GOLD PROJECT 4 licences – 396,000 hectares tsx-v:hrc namibia – damara gold project slide 24 www.helioresource.com
NAMIBIA – DAMARA GOLD PROJECT Same geological terrain as AngloGold’s Navachab Mine tsx-v:hrc namibia – damara gold project slide 25 www.helioresource.com
DGP – GOLD KOP DRILLING tsx-v:hrc dgp – gold kop drilling slide 26 www.helioresource.com
DGP – WILHELMSTAL tsx-v:hrc dgp – wilhelmstal slide 27 www.helioresource.com
PEER COMPARISONS tsx-v:hrc peer comparisons Slide 28 1 www.helioresource.com
RECAP • Tanzania + Namibia – countries with strong track record for investment and mine development • Tanzania - 4th largest gold producer in Africa • Multiple drill targets in Tanzania and Namibia • Initial Resource Estimate by year end from the SMP Gold Project, Tanzania. • Excellent metallurgical results from the SMP Gold Project. tsx-v:hrc recap slide 29 www.helioresource.com
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