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Tanzania and Namibia – Golden Opportunities

Tanzania and Namibia – Golden Opportunities. DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

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Page 1: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

Tanzania and Namibia – Golden Opportunities

Page 2: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

www.helioresource.com

DISCLAIMER

disclaimertsx-v:hrc

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

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Page 3: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

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PROJECTS

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projects

Page 4: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

STRATEGY AND FOCUS

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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

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BOARD AND MANAGEMENT

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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.

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CORPORATE INFORMATION

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 debttsx-v:hrc

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TANZANIA – SMP Gold Project

tanzania – smp gold projecttsx-v:hrc

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

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LUPA GOLDFIELDS

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

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SMP GOLD PROJECT

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

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SMP - HISTORIC GOLD MINES

smp - historic gold mines

6 colonial-era gold mines

60km strike length of prospective auriferous structures

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SMP - PROSPECTS

smp – prospects

Numerous Au occurrences and soil anomalies

Widespread historical and current artisanal mining activity

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SMP – DRILLING SUCCESS

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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

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SMP TARGETS DRILL-TESTED

smp targets drill-testedtsx-v:hrc

16 targets tested over a 20 km strike length (Mbenge and Snakebite now part of Kenge)

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SMP – PORCUPINE DD SECTION

smp – porcupine dd sectiontsx-v:hrcslide 13

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SMP – PORCUPINE LONG SECTION

smp – porcupine long sectiontsx-v:hrcslide 14

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SMP – PORCUPINE NEW DRILLING

smp – porcupine new drillingtsx-v:hrcslide 15

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SMP – PORCUPINE NEW DRILLING

smp – porcupine new drillingtsx-v:hrcslide 16

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SMP – KENGE TARGET

smp – kenge target

Numerous Au occurrences and soil anomalies

Widespread historical artisanal mining activity

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SMP – KENGE TARGET

smp – kenge targettsx-v:hrcSlide 18

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KENGE TARGET – RAZORBACK MINE

kenge target – razorback minetsx-v:hrcslide 19

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METALLURGY

metallurgytsx-v:hrc

Porcupine Kenge

Gravity Separation 22.0% 34.7%

Whole Ore Flotation 94.8% 95.6%

Gravity + Gravity Tailing Flotation 93.4% 95.6%

Gravity + Flotation Concentrate Cyanidation 91.9% 93.3%

Gravity + Gravity Tailing Cyanidation 89.1% 94.5%

Whole Ore Cyanidation 88.9% 92.5%

Heap Leach Amenability TBC 70.0%

Bond Ball Work Index 15.7 15.0

• Low Cyanide Consumption• No “Preg Robbing” activity• Non acid-generating tailings

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SMP – NEW PROSPECTS

smp – new prospects

Numerous Au occurrences and soil anomalies

Widespread historical artisanal mining activity

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SMP – TUMBILI TARGET

smp – tumbili targettsx-v:hrcslide 22

RC drill programme to test all newly identified targets.

Page 24: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

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PROJECTS

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projects

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NAMIBIA – DAMARA GOLD PROJECT

namibia – damara gold projecttsx-v:hrcslide 24

4 licences – 396,000 hectares

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NAMIBIA – DAMARA GOLD PROJECT

namibia – damara gold projecttsx-v:hrcslide 25

Same geological terrain as AngloGold’s Navachab Mine

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DGP – GOLD KOP DRILLING

dgp – gold kop drillingtsx-v:hrcslide 26

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DGP – WILHELMSTAL

dgp – wilhelmstaltsx-v:hrcslide 27

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PEER COMPARISONS

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RECAP

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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.

Page 31: Tanzania and Namibia – Golden Opportunities.  DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements

580 – 625 Howe Street, Vancouver B.C., V6C 2T6 Canada

www.helioresource.com +1 604 638 8002