Hellix Gold Project Updates

HELLIX VENTURES INC. (TSX VENTURE:HEL)(OTCBB:HLLXF) - Frank Underhill,
President, announces updates on its two gold projects - the Athabasca near
Nelson, British Columbia, Canada, and the Margarita in southern Arizona, USA.


ATHABASCA

Hellix has just completed its second soil sampling survey on the Athabasca
property. This program utilized shorter spaced lines to follow-up on higher
grade gold results received from previously unknown zones tested last season.
Samples have been sent to an accredited Canadian laboratory for assay.


The Company has received final approval from the Ministry of Energy and Mines on
its drill permit application. The drill program will commence following the
coordination of all field personnel.


MARGARITA

Hellix has filed an application with regulatory bodies to drill up to
thirty-nine shallow vertical holes on its Margarita gold property south of
Tucson, Arizona. The main focus will be infill drilling and expansion of the
Main Margarita Mineralized Zone, with additional holes spotted on the North Hill
and Cascabel Zones.


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.