Helix Resources Limited announced that Board and management changes undertaken to accelerate progress on its 100%-owned Collerina Copper Project in central New South Wales, Australia. Helix Managing Director, Mr. Mick Wilson, has moved to the role of General Manager, Geology. In-line with this transition, Mick has stepped down from the position of Managing Director and CEO, and from the Helix Board, with effect March 12, 2020.

Mr. Peter Lester has assumed the position of Executive Chairman. His remuneration will remain unchanged from that of Non-Executive Chairman. The role of General Manager, Geology, will be focussed on rapidly advancing exploration of the Collerina Copper Project in order to allow preliminary mining assessments to begin later in 2020.

It also encompasses progressing other key assets within Helix's broader Cobar region portfolio, including the Cobar Gold Project (where a number of advancement options are currently under review).