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HEL

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Share Name Share Symbol Market Type
TSXV:HEL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Hellix Completes Margarita Drill Program

22/02/2012 7:00pm

Marketwired Canada


HELLIX VENTURES INC. (TSX VENTURE:HEL)(OTCBB:HLLXF) - Frank Underhill,
President, announces that Hellix has completed its Margarita drill program in
southern Arizona previously announced in the Company news release dated January
18, 2012.


A total of 12 diamond drill holes were successfully drilled as outlined in our
Plan of Operations with the Arizona regulatory bodies.


All samples have been sent to Skyline Labs in Tucson, Arizona. Hellix has been
informed that analysis could take up to eight weeks due to higher than normal
mineral exploration activity in southern Arizona. 


Photos and video of the drilling will be available on our website within the
next several weeks.


Hellix is also planning its upcoming season on the Athabasca project in British
Columbia and is starting on its permit applications.


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.


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