Hellix Receives Final Approval on Margarita Drill Permit
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/22/11 -- HELLIX VENTURES INC. (TSX VENTURE: HEL)(PINKSHEETS: HLLXF) -
Frank Underhill, President, is pleased to announce that final approval has been received by the Forest Service responsible for overseeing management of the lands in the region of our Margarita gold project.
Our reclamation bond advance has been accepted and we are proceeding with coordination of equipment and personnel. We anticipate commencement of the program within the next three to four weeks.
HELLIX VENTURES (TSX VENTURE: HEL)(PINKSHEETS: HLLXF) is engaged in the identification, acquisition, exploration and development of gold and silver properties in North America. Hellix has no debt (other than short-term trade payables), and has positive cash flow from fossil fuel production in Western Canada. All transactions stated or referred to herein are expressly subject to TSX Venture Exchange approval as well as all other applicable regulatory body approvals.
ON BEHALF OF THE BOARD OF DIRECTORS HELLIX VENTURES INC.
Frank Underhill, President
The forgoing is for informational purposes only, and is not to be construed as an offer to buy or sell securities in any jurisdiction. It may contain forward-looking statements. While the data compiled by management is from sources deemed to be reliable, actual future results may vary materially. Hellix Ventures Inc. does not assume the obligation to update any forward-looking statement and will not be responsible for any loss arising from the use of this information. Historically reported results may not be NI 43-101 compliant and therefore caution should be used in relying on such statements.
Neither 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.
Contacts:
Hellix Ventures Inc.
Barry Underhill
(604) 683-6657 or Toll Free: 1-877-430-3113
(604) 684-4407 (FAX)
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Unternehmensinformation / Kurzprofil:
Datum: 22.12.2011 - 15:31 Uhr
Sprache: Deutsch
News-ID 99534
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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