Hellix Ventures Inc.

Published : July 14th, 2008

La Luz Tunnel Expansion Progress

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Keywords :   Canada | Debt | Diamond | Facebook | G Mexico | Gold | K Street | Mexico | Silver |
 
 
HELLIX VENTURES INC.

Phone (604) 683-6616
Fax (604) 684-4407
www.hellixventures.com
Email: info@hellixventures.com
 
 
 
PRESS RELEASE
 
July 14, 2008
 
La Luz Tunnel Expansion Progress
 
HELLIX VENTURES INC. (HEL:TSX.V / HLLXF:OTC) -Vancouver, BC- Frank Underhill, President, announces the following on the Las Minitas project - La Luz tunnel expansion progress to date:
 
As at July 11, 2008, the tunnel expansion is approaching the 110 metre mark.
 
We are nearing the location (120 metre mark) of two formerly announced high grade samples taken over a width of 1.6 metres. These ran 2,343 grams and 1,585 grams silver, and 4.93 grams and 1.79 grams gold respectively.
 
On site personnel includes a crew of 6 - 8 men plus a couple of casual laborers. Crew accommodations have been secured 1 km to the south of the project. Equipment employed includes two jack-legs, a 2000 cfm air compressor, and a front end loader with a 5 cu.yd. bucket.
 
Expansion advance is approximately 5 metres per day, with the crew working around the clock in two 12-hour shifts. Each round involves 26 x 1.5 metres jackleg holes plus loading, firing and rock removal. We are about 150 metres from the point of the first drill crosscut (one of two planned crosscuts).
 
All of the dump material from the tunnel has been loaded onto the road, providing another 1 - 3 metres of height to the roadbed. The access road has been fully completed just ahead of the rainy season.
 
Preparations are being made in advance of the impending NQ Diamond drill program including acquisition of downhole survey equipment and construction of a core shed.
 
HELLIX VENTURES (HEL - TSX.V) is engaged in the identification, acquisition, exploration and development of gold and silver properties in Mexico. 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.
 
This release has been reviewed by Qualified Person John Jenks, P. Geo.
 
ON BEHALF OF THE BOARD OF DIRECTORS
 
HELLIX VENTURES INC.
 
Frank Underhill
President
 
Website: www.hellixventures.com   Email: info@hellixventures.com
Toll Free: 1-877-430-3113   Phone: (604) 683-6657   Fax: (604) 684-4407
 
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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 or damage arising from the use of this information. Any unauthorized use, distribution or copying of this communication by other than the intended recipient is strictly prohibited. If you have received this in error, please delete immediately.


This message was sent from Frank Underhill to .com. It was sent from: Hellix Ventures Inc., 125A - 1030 Denman Street, Vancouver, BC V6G 2M6, Canada. You can modify/update your subscription via the link below. Email Marketing Software

 
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Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Hellix Ventures Inc.

PRODUCER
CODE : HEL.V
ISIN : CA4234011084
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Hellix Ventures is a silver and gold exploration company based in Canada.

Hellix Ventures produces silver, gold, oil in Canada.

Its main asset in production is STAR VALLEY in Canada and its main exploration properties are MARGARITA MINE and ATHABASCA CLAIMS in Canada and MINITAS / LA COBRIZA in Mexico.

Hellix Ventures is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.3 millions, € 1.2 millions).

Its stock quote reached its highest recent level on September 23, 2011 at CA$ 1.67, and its lowest recent point on April 21, 2015 at CA$ 0.03.

Hellix Ventures has 46 540 000 shares outstanding.

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Annual reports of Hellix Ventures Inc.
Annual report 2007
Financings of Hellix Ventures Inc.
3/17/2010Private Placement Closed
Project news of Hellix Ventures Inc.
10/4/2012Athabasca Gold Project Update
7/10/2012Gold Project Updates
6/5/2012Margarita HVM12-05 Drill Hole Check Assay Results
5/11/2012Margarita HVM12-05 Drill Hole Check Assay Results
1/18/2012Begins Drilling at Margarita
7/27/2011(Margarita Mine)Hellix Announces Silver Assays From USBM Program at Margarit...
2/20/2011(Margarita Mine)Hellix Sampling Uncovers New Margarita Gold Zone
7/6/2010(Athabasca Claims)Work Expands Targets
5/22/2010(Athabasca Claims)Work Commences/Margarita Gold Project Overview
7/14/2008(Minitas / La Cobriza)La Luz Tunnel Expansion Progress
4/2/2008Confirms Former High Grade Results
9/24/2007(Minitas / La Cobriza)2007 Technical report
Corporate news of Hellix Ventures Inc.
12/10/2014IIROC Trading Halt - HEL
9/6/2013Drops Margarita Lease
6/5/2012Margarita Drill Final Audit Results
6/5/2012Hellix Ventures News Release
5/11/2012Hellix Ventures News Release
4/18/2012Margarita Drill Program Results
4/18/2012Hellix Ventures News Release
3/28/2012Files Drill Permit Application for Athabasca
3/28/2012News Release
2/22/2012Completes Margarita Drill Program
1/18/2012Hellix Ventures News Release
12/22/2011Hellix Ventures News Release
12/22/2011Margarita Drill Permit Final Approval
12/7/2011Athabasca Underground Rock Sampling Results
9/16/2011Athabasca Gold in Soil Sampling Results
9/16/2011Hellix Ventures News Release
6/7/2011Corroborates USBM?s Anomalous Gold on Margarita
2/16/2011Sampling Uncovers New Margarita Gold Zone
4/14/2010Options Margarita Gold Property
12/7/2009Hellix Releases Sample Results/Work Program*
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TSX-V (HEL.V)OTHER OTC (HLLXF)
0.035+0.00%0.010+999899.98%
TSX-V
CA$ 0.035
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Prev close Open
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Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.035 16.67%
Volume 1 month var.
287,000 16.67%
24hGold TrendPower© : -37
Produces Oil
Develops
Explores for Gold - Silver
 
 
 
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