HRC Helio Resource Corp

Bulk tonnage and high grade gold potential identified

14m at 3.1g/t Au, 16m at 1.8g/t Au, 4m at 11.6g/t Au, 2m at 14.6g/t Au

Multiple mineralized sections in zones up to 250m wide

VANCOUVER, Aug. 24, 2011 /PRNewswire/ - Helio Resource Corp (TSX-V: HRC) is pleased to report the first results from a recently completed RC drill programme on the Gold Kop target, at the Damara Gold Project in central Namibia.

Highlights

• Mineralised zones up to 250m wide;
• Similar in style to AngloGold Ashanti's Navachab Gold Mine (resource of 5.1 Moz at 1.15g/t Au);
• Gold mineralisation extended over a 500m strike length (open to north and south);
• Individual intercepts up to 14m grading 3.1g/t Au, 16m at 1.8g/t Au, and 4m at 11.6g/t Au;
• Gold mineralisation located at the geological contact between dolomitic  and calcitic marbles;
• The geological contact / target horizon is associated with a 4km+ long gold-in-soil anomaly;
• The Gold Kop target horizon can be traced for another 20km within the Damara Gold Project area and has never been explored previously;
• Drilling has focused on the near surface (