HELIX RESOURCES LIMITED — Investor Presentation 2016

Aug 29, 2016

ASX Announcement

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30 August 2016

Investor Presentation

Please see an Investor Presentation that Helix Resources will be marketing to investors and shareholders with the expected commencement of a drilling program at the Collerina Copper-Zinc Project next week.

- ENDS -

For further information:

Mick Wilson Managing Director mick.wilson@helix.net.au Ph: +61 8 9321 2644

Pasquale Rombola Executive Chairman pasquale.rombola@helix.net.au Ph: +61 413 239 630

Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia 78 Churchill Ave, Subiaco WA 6008

P: +61 8 9321 2644 F: +61 8 9321 3909 www.helix.net.au

Email: mick.wilson@helix.net.au

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Collerina Copper-Zinc Project & Cobar Gold Project High Grade Base Metals and Gold in Australia

August 2016

Collerina Prospect | Looking South

Disclaimer and Competent Persons Statement

Disclaimer

This presentation has been prepared by Helix Resources Limited (“Company”). The presentation does not contain all the information that a prospective investor may require about the companies, their business or the proposal. It is not a complete statement of material information. Except where stated, the information disclosed in this presentation (“Information”) relates to the proposed business of the Company at the date of this document. This presentation does not contain advice relating to legal, taxation or investment matters. The Company makes no representation or warranty (express or implied) as to the accuracy, reliability or completeness of the Information. The Company and its subsidiaries, directors, employees, agents and consultants shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from this presentation, except liability under statute that cannot be excluded.

This presentation may contain reference to certain intentions, expectations and plans of a Company (“forward looking statements”). Those intentions, expectations and plans may or may not be achieved. Any forward looking statements are subject to inherent risks and uncertainties and are based on certain assumptions that may not be met or on which views may differ. The performance and operations of a Company may be influenced by a number of factors, many of which are outside the control of the Company. Actual future results may be materially different. No representation or warranty, express or implied, is made by either Company or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. You are cautioned against relying upon any forward looking statement in this document.

This presentation does not contain an offer of securities in a Company, nor an invitation to apply for such securities. Nothing in this document should be construed as investment advice or financial product advice, whether personal or general, for the purposes of Section 766B of the Corporations Act. The document does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold a financial product. You should obtain professional advice and carry out your own independent investigations and assessment of the Information before acting.

The Company has not verified the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by law, the Company makes no representation and give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions, from any information, statement or opinion contained in this presentation. The contents of this presentation are confidential. Information in this presentation which is attributed to a named third party source has not been checked or verified by the Company. This presentation remains the property of Helix Resources Limited and may not be reproduced, distributed, transmitted or published (in whole or in part) without the prior consent of the Company.

Competent Persons Statement

The information in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr M Wilson who is a full time employee of Helix Resources Limited and a Member of The Australasian Institute of Mining and Metallurgy. Mr M Wilson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr M Wilson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Details of JORC 2012 compliant information and the assumptions underlying all Resource estimations are contained in previous ASX releases or at www.helix.net.au

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Collerina Copper-Zinc Prospect

High Grade Copper, Zinc and Silver

1.3m interval returned 12.3% Cu, 2.5% Zn, 1.5g/t Au & 45g/t Ag⁴

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Collerina Prospect | Best Drilling Results to Date

• 5m @ 4.2% Cu from 48m in CORC009¹

• 14m @ 4.0% Cu, 0.7g/t Au, 1.3% Zn from 80m in CORC002¹

• 11.8m @ 6.6% Cu, 0.9g/t Au, 1.8% Zn from 81.4m and 4.3m @ 2.5% Cu, 0.4g/t Au from 101m in CODD001⁴

• 10m @ 2.6% Cu, 1.4% Zn from 84m in CORC011²

• 5m @ 3.2% Cu, 2.4% Zn within 9m @ 1.9% Cu, 1.4% Zn from 97m CORC012²

• 8m @ 2.4% Cu, 6.4g/t Ag incl. 2m @ 5% Cu, 13 g/t Ag from 123m in CORC022⁵

• 5m @ 2.3% Cu, 0.3g/t Au, 1.5% Zn from 151m in CORC017³

• 12m @ 5.0% Cu, 0.5g/t Au, 2.1% Zn from 156m within 21m @ 3.2% Cu, 0.3g/t Au, 1.3% Zn from 153m in CORC019³

• 4.3m @ 2% Cu, 0.2g/t Au , 0.7% Zn from 171m in CODD002⁴

• 9m @ 2.5% Cu, 1.6% Zn, 9 g/t Ag from 217m in CORC033⁵

 Drilling has intersected greater than 1% Copper mineralisation in 25 of the 38 holes drilled

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Collerina Prospect | Drilling Results Overview

 Selection of Drilling Results on a MLEM Image

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10m @ 2.6% Cu
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The high grade copper mineralisation remains open for at least 700m along strike and is completely open down dip and plunge

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Collerina Prospect | New EM Targets Identified

• EM Surveys have defined Down Dip/Plunge extensions to the existing high-grade mineralisation plus two new zones

• A new EM Zone has been confirmed 1km North of the Collerina Prospect

• This new zone has never been explored and attests to the potential of the area

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Collerina Prospect | New EM Targets Identified

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• EM surveys have defined extensions to the existing high grade mineralisation

• A new strong off-hole conductor (4x greater response) has been identified below previous drilling

• The new conductor could represent an entirely new mineralised zone

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Collerina Prospect | RC and Diamond Drilling Program

Extent of known mineralisation

• Deep RC and Diamond drilling targeting extension of the main mineralisation zone and the new strong off-hole conductor below previous drilling.

• RC drilling to also test the new EM anomaly 1km north of Collerina Prospect

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Collerina Project | 6 Untested Regional Prospects

 6 untested copper prospects to be assessed. No previous exploration.

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• Assessing aerial EM systems to accelerate regional exploration

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Collerina Project | Established VMS Copper Region

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• Aeris Resources have in excess of 1Mt contained copper (mined or in resources) on tenements to North

• Mincor Resources have 85,700t contained copper in resources on tenements to the South

• Helix controls 85km of prospective strike with multiple base metal and gold targets identified

• Helix has only drilled 45 holes targeting this style of mineralisation (38 of those into Collerina)

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Cobar Gold Project | Near-Surface High Grade Gold

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Helix’s tenements have the potential to host high-grade deposits similar to the nearby Mt Boppy Gold Mine (Historic Production 500,000oz @ 10g/t gold).

Previous drilling has returned significant near surface gold results including:

Good Friday Prospect: 25m @ 25.5g/t Au and 18m @ 3.2g/t Au¹

Sunrise Prospect: 21m @ 2.7g/t Au incl. 13m @ 4.2g/t Au and 30m @ 2.2g/t Au²

Boundary Prospect: 70m @ 1.1g/t Au incl.15m @ 2.3g/t Au²

Drilling underway

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Cobar Gold Project | Diamond & Aircore Drilling Program

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• Diamond drilling will target the structural controls of the high-grade gold at the Good Friday and Boundary Prospects.

• A 20 hole aircore drilling program will test a large gold in soil anomaly at the Battery

• Tank Prospect.

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Appendix 1 | Other Helix Resources Projects & Assets

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Appendix 2 | Helix Resources Corporate Overview

ASX Code	HLX
Issued Shares	308 million
Unlisted Options (Directors, Management & Staff)	14.75 million 0.0675 - exp. Nov 18
Market cap @ AUD$0.088	$27.1m
Cash	$2.0m
Enterprise Value	$25.1m

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Major Shareholders	%
Greg Wheeler	8%
Mark Creasy	7%
Directors & Management	9%
Top 20	49%
Top 50	63%
Number of Shareholders	1,582

Directors & Management	Directors & Management
Pasquale Rombola	Chairman
Mick Wilson	Managing Director
Jason Macdonald	Non-Exec Director
Michael Naylor	Company Secretary/CFO

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Appendix 3 | Collerina Prospect & Tritton Mine Comparison

Attribute	Tritton Mine (in Production)	Collerina Discovery
Initial Resource	14Mt @ 2.7% Cu, 0.3g/t Au Released in 2004	Yet to be determined ?
Mineralisation	Massive & Banded Sulphide Chalcopyrite (Primary)
Strike Length of Main Body	100-300m	> 700m (remains open)
Depth to Mineralisation	Begins 180m below Surface	Gossan From Surface
Vertical Continuity	Mineralisation defined to over 1.4km below surface	Yet to be determined ?
Thickness of Mineralisation	2- 30m	4 - 29m
Discovery Intercept	7th hole 5m @ 1.8% Cu	2nd Hole 14m @ 4% Cu
Host Rocks	Metaseds & Mafic Volcanic/Volcanoclatics
Alteration	Silica & Chlorite

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Appendix 4 | References

Slide References

• 1 For full details of exploration results refer to ASX announcements dated. 15 December 2014, 1 February 2015 Helix Resources is not aware of any new information or data that materially effects the information in these announcements.

• 2 For full details of exploration results refer to ASX announcements dated 1 April 2015. Helix Resources is not aware of any new information or data that materially effects the information in these announcements

• 3 For full details of exploration results refer to ASX announcements dated 10 November 2015. Helix Resources is not aware of any new information or data that materially effects the information in these announcements

• 4 For full details of exploration results refer to ASX announcements dated 18 February 2016 Helix Resources is not aware of any new information or data that materially effects the information in these announcements

• 5 For full details of exploration results refer to ASX announcements dated 29 June 2016 Helix Resources is not aware of any new information or data that materially effects the information in these announcements

Intersections quoted in this announcement are based on 1m sampling, assayed using mixed acid digest technique for base metal and fire assay for gold.

Results are based on a 0.1% Cu cut-off grade and subject to rounding.

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