09:44 AM EST - Helio Resource Corp : reported results from the first eight Reverse Circulation (RC) drill holes (776m) at the Gap Target, SMP Gold Project, Tanzania. The eight initial RC holes (776m) were designed to identify the orientation of high-grade mineralization previously identified in GPD 118 (5m at 5.3g/t Au). The best intercept from this round of drilling returned 3m grading 18.9g/t Au from 67m (including 1m grading 48.2g/t Au). Helio Resource Corp
shares V.HRC are trading unchanged at $0.04.