HEL

HELLIX VENTURES INC. (TSX VENTURE:HEL)(PINKSHEETS:HLLXF) - 

Frank Underhill, President, is pleased to announce that final approval has been
received by the Forest Service responsible for overseeing management of the
lands in the region of our Margarita gold project.


Our reclamation bond advance has been accepted and we are proceeding with
coordination of equipment and personnel. We anticipate commencement of the
program within the next three to four weeks.


HELLIX VENTURES (TSX VENTURE:HEL)(PINKSHEETS:HLLXF) 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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