Hellix Athabasca Gold in Soil Sampling Results

HELLIX VENTURES INC. (TSX VENTURE:HEL)(PINK SHEETS:HLLXF) - Frank Underhill,
President, announces its gold in soil sampling results from the soil and rock
sampling program on the Athabasca property near Nelson, B.C. This program was
undertaken to verify the results summarized by previous operators of the
property, particularly the 1987 Compilation Report by Beaty Geological (B.C.
assessment report 17,184).


Hellix obtained a total of 374 soil samples from the property including areas
outside the boundaries of historic sample collections. The highest gold value
obtained in 2011 was 695.1 ppb (.02 oz/ton). This was one of the higher gold
values obtained from all soil sampling not centered on or close to the historic
mine site according to available records. This sample is within an anomaly of
elevated gold values (six of which assayed over 100 ppb) within an eastern
portion of the property. There is little evidence of any historic work performed
in this area.


The anomaly is approximately 300 m wide by 200 m N-S. Samples here were taken at
25 m intervals on three soil lines spaced 100 m apart. There were several other
trends of elevated gold in soil indicating the potential for other gold bearing
structures to the south and east of the existing Athabasca vein system.


Soil samples were collected from the 'B' soil horizon by pick and shovel at
average 30 to 40 centimetre depths. Line spacing varied from 50 metre to 200
metre separations with samples taken at 25 metre intervals on each line. Soil
samples were placed into labeled Kraft style paper sample bags and until
delivery to the courier, were under complete control of Hellix Ventures
contractors. Samples were couriered to Acme Laboratories in Vancouver (an
International Standards Organization (ISO) accredited lab) and analyzed by
multi-element ICP. Acme Labs utilized standards and duplicate analysis of
samples as part of their quality assurance.


Our professional geologist has recommended follow-up soil sampling at 50 metre
spacing be conducted in order to further define the new zones with elevated gold
in soil. The eastern anomaly is previously unrecognized and is open to the
south.


The Company is awaiting results of its surface and underground rock sampling on
the Athabasca. We are also expecting a decision soon on our drill permit
application with regard to our Margarita project in Arizona.


The technical portion of this release has been reviewed by Qualified Person
Laurence Sookochoff, P. Eng.


HELLIX VENTURES (TSX VENTURE:HEL) is engaged in the identification, acquisition,
exploration and development of gold and silver properties in North America.
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.


ON BEHALF OF THE BOARD OF DIRECTORS

HELLIX VENTURES INC.

Frank Underhill, President

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 arising from the use of this
information. Historically reported results may not be NI 43-101 compliant and
therefore caution should be used in relying on such statements.