🕐14.02.12 - 15:54 Uhr

HELIO RESOURCE CORP [TSX-V:HRC] - HELIO ANNOUNCES UPDATED MINERAL RESOURCE ESTIM
ATE AT SMP GOLD PROJECT, TANZANIA.





Fortbridge Media Release

Helio Resource Corp [TSX-V:HRC] - Helio Announces Updated Mineral Resource Estimate at SMP Gold Project, Tanzania.

Measured and Indicated Ounces increase 104% to 1,020,000 ounces at 1.32g/t Au at a 0.5g/t Au Cut off

Vancouver, February 14, 2012

Helio Resource Corp (TSX-V: HRC) is pleased to report that it has received an independent NI 43-101 compliant updated Mineral Resource estimate for the SMP Gold Project in Tanzania, effective date February 10th, 2012. The estimate was completed by SRK Consulting (Australia) Pty. Ltd., of Perth, Australia (SRK).

Highlights from the Resource Memorandum:

� SRK recommend the use of the 0.5g/t Au cut off grade when evaluating the Mineral Resource.
� Measured and Indicated Mineral Resources of 1,020,000 ounces at 1.32g/t Au plus an Inferred Mineral Resource of 240,000 ounces at 1.05g/t Au at a cut-off grade of 0.5g/t. Compared to the maiden Mineral Resource estimate, these figures represent a 104% increase in metal in the Measured and Indicated category, and an 11% decrease in metal in the Inferred category.
� Robust resource � at a 0.9g/t Au cut-off the Measured and Indicated Mineral Resources are 860,000 ounces at 1.54g/t Au and the Inferred Mineral Resources are 170,000 ounces at 1.33g/t Au.
� The resource is open along strike and at depth in all targets.
� Initial Whittle pit optimisation for Porcupine and Kenge indicates that a total of 890,000 ounces (approximately 87% of their Measured and Indicated Mineral Resources) are included within the pit shells.








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