Helix Resources Ltd is looking for its own grass roots discovery as its joint venture partners progress the junior's existing portfolio of projects. The company has its finger in a number of commodity pies including gold, diamonds, iron ore and lateritic nickel. But it is the group's Mount Venn play that is currently exciting the explorer. In the meantime work is progressing at its Tunkillia gold project in South Australia, where Minotaur Exploration Ltd is spending 5 million dollars to earn a 51 percent interest. "From our point of view we're in the box seat and if there is a mine mere we will have 25 percent (subject to Oxiana Ltd taking a 25 percent stake in the project)," Helix executive chairman Rob Mosig said. The junior's West Pilbara diamond project, a joint venture with De Beers Consolidated Mines Ltd is ready for drill testing following the discovery of three kimberlites.
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