London Global Mining Investment Conference Stationers Hall, London Wednesday 30 th September 2009 www.ObjectiveCapitalConferences.com 14.50 Africa Richard Williams CEO & Director Helio Resource Corp

Corporate Presentation – September 2009

www.helioresource.com DISCLAIMER disclaimer tsx-v:hrc This presentation may contain forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Helio to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements may include statements regarding exploration results and budgets, resource estimates, work programmes, strategic plans, market price of precious and / or base metals or other statements that are not statements of fact. Although Helio believes the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Various factors that may affect future results include, but are not limited to, fluctuations in market prices of metals, foreign currency exchange fluctuations, risks relating to exploration, including resource estimation and costs and timing of commercial production, requirements for additional financing, political and regulatory risks, and other risks described in Helio’s management discussions and analyses as filed on SEDAR. Accordingly, undue reliance should not be placed on forward-looking statements. All technical information contained within this presentation has been reviewed and approved for disclosure by Mr. C. MacKenzie, M.Sc., C.Geol, Helio’s COO and Qualified Person as designated by NI 43-101

www.helioresource.com PROJECTS projects tsx-v:hrc

STRATEGY AND FOCUS www.helioresource.com strategy and focus Exploration for “World Class” gold deposits Focus on Tanzania Political and economic stability Under-explored Excellent geological potential Strong mining culture Established legal code Major mining companies active tsx-v:hrc

Exploration for “World Class” gold deposits

Focus on Tanzania

Political and economic stability

Under-explored

Excellent geological potential

Strong mining culture

Established legal code

Major mining companies active

BOARD AND MANAGEMENT www.helioresource.com board and management MANAGEMENT / DIRECTORS / FOUNDERS Richard Williams CEO Chris MacKenzie COO BOARD OF DIRECTORS Gren Thomas (Chairman) Founder of Aber Resources, Chairman of Strongbow Cliff Davis CEO of Nevsun Resources Stephen Leahy Chairman and CEO of North American Tungsten Corp. Colin Jones Exec. VP Dundee Resources Ltd. tsx-v:hrc

www.helioresource.com CORPORATE INFORMATION corporate information Listing TSX.V:HRC Issued & Outstanding 65,769,542 Management & Insiders ~15% of I&O Institutional Holdings ~37% of I&O Warrants 15,038,000 @ $0.35-1.25 ~ $11,000,000 to Treasury Stock Options 3,765,000 Fully Diluted 84,778,792 Cash at Sept 1, 2009 $4,500,000 no debt tsx-v:hrc

Listing TSX.V:HRC

Issued & Outstanding 65,769,542

Management & Insiders ~15% of I&O

Institutional Holdings ~37% of I&O

Warrants 15,038,000 @ $0.35-1.25

~ $11,000,000 to Treasury

Stock Options 3,765,000

Fully Diluted 84,778,792

Cash at Sept 1, 2009 $4,500,000

no debt

www.helioresource.com TANZANIA tanzania tsx-v:hrc SMP Gold Project Excellent infrastructure Close to water source Road Accessible Large land package Power into property No population pressure Year-round exploration

SMP Gold Project

Excellent infrastructure

Close to water source

Road Accessible

Large land package

Power into property

No population pressure

Year-round exploration

www.helioresource.com LUPA GOLDFIELDS lupa goldfields SMP Gold Project 750,000 ounces produced in Lupa Goldfields New Saza Mine produced 270,000 ounces of gold @ 7.5g/t Au (1939 – 1956) Project covers 5 licences / 23,800 hectares (238km 2 ) Option to earn 100% subject to royalty Control over 35km strike length of Saza Shear Zone tsx-v:hrc

SMP Gold Project

750,000 ounces produced in Lupa Goldfields

New Saza Mine produced 270,000 ounces of gold @ 7.5g/t Au

(1939 – 1956)

Project covers 5 licences / 23,800 hectares (238km 2 )

Option to earn 100% subject to royalty

Control over 35km strike length of Saza Shear Zone

www.helioresource.com LUPA GOLDFIELDS lupa goldfields Geology Lupa Block located at triple junction of the Great Rift Valley Major intrusive complex (gabbro / diorite / granite) - greenschist and lower amphibolite facies Arc – not Ubendian Mobile Belt Main mineralised structures trend ENE and NW Free gold occurs in mineralised zones up to 60m+ wide, with individual quartz veins up to 10m thick New Re - Os date on mineralisation at SMP of ~1.93Ga tsx-v:hrc

Geology

Lupa Block located at triple junction of the Great Rift Valley

Major intrusive complex (gabbro / diorite / granite) - greenschist and lower amphibolite facies Arc – not Ubendian Mobile Belt

Main mineralised structures trend ENE and NW

Free gold occurs in mineralised zones up to 60m+ wide, with individual quartz veins up to 10m thick

New Re - Os date on mineralisation at SMP of ~1.93Ga

www.helioresource.com SMP - HISTORIC GOLD MINES smp - historic gold mines 6 colonial-era gold mines 60km strike length of prospective auriferous structures tsx-v:hrc

6 colonial-era gold mines

60km strike length of prospective auriferous structures

www.helioresource.com SMP - PROSPECTS smp – prospects Numerous Au occurrences and soil anomalies Widespread historical artisanal mining activity tsx-v:hrc

Numerous Au occurrences and soil anomalies

Widespread historical artisanal mining activity

SMP – DRILLING COMPLETED www.helioresource.com smp – drilling completed 42,631m of diamond drilling. Focus on resource potential at Porcupine and Kenge targets. Reconnaisance drilling at Dubwana and Chui 18,694m of RC drilling. Tested 11 targets over a 20km strike length. Bedrock gold mineralisation intersected at all targets. All targets open along strike and to depth. tsx-v:hrc

42,631m of diamond drilling.

Focus on resource potential at Porcupine and Kenge targets.

Reconnaisance drilling at Dubwana and Chui

18,694m of RC drilling.

Tested 11 targets over a 20km strike length.

Bedrock gold mineralisation intersected at all targets.

All targets open along strike and to depth.

www.helioresource.com SMP TARGETS DRILL-TESTED smp targets drill-tested tsx-v:hrc 13 targets tested over a 20 km strike length (Mbenge and Snakebite now part of Kenge)

13 targets tested over a 20 km strike length

(Mbenge and Snakebite now part of Kenge)

www.helioresource.com SMP – PORCUPINE TARGET smp – porcupine target tsx-v:hrc

www.helioresource.com SMP – PORCUPINE DD SECTION ‘A’ smp – porcupine dd section ‘a’ tsx-v:hrc

www.helioresource.com SMP – PORCUPINE DD SECTION ‘B’ smp – porcupine dd section ‘b’ tsx-v:hrc

www.helioresource.com SMP – PORCUPINE LONG SECTION smp – porcupine long section tsx-v:hrc

www.helioresource.com SMP – PORCUPINE MINERALISATION smp – porcupine mineralisation tsx-v:hrc

www.helioresource.com SMP – PORCUPINE – RC FENCE “A” smp – porcupine rc fence “A” tsx-v:hrc

www.helioresource.com SMP - PROSPECTS smp – prospects Numerous Au occurrences and soil anomalies Widespread historical artisanal mining activity tsx-v:hrc

Numerous Au occurrences and soil anomalies

Widespread historical artisanal mining activity

www.helioresource.com SMP – KENGE TARGET smp – kenge target tsx-v:hrc

www.helioresource.com KENGE TARGET – RAZORBACK MINE kenge target – razorback mine tsx-v:hrc

www.helioresource.com KENGE MAIN ZONE - LONG SECTION kenge main zone – long section tsx-v:hrc

www.helioresource.com SMP – MBENGE LONG SECTION smp – mbenge long section tsx-v:hrc

www.helioresource.com SMP – MBENGE PLAN smp – mbenge plan tsx-v:hrc

www.helioresource.com METALLURGY metallurgy tsx-v:hrc Low Cyanide Consumption No “Preg Robbing” activity Non acid-generating tailings Porcupine Kenge Gravity Separation 22.0% 34.7% Whole Ore Flotation 94.8% 95.6% Gravity + Gravity Tailing Flotation 93.4% 95.6% Gravity + Flotation Concentrate Cyanidation 91.9% 93.3% Gravity + Gravity Tailing Cyanidation 89.1% 94.5% Whole Ore Cyanidation 88.9% 92.5% Heap Leach Amenability TBC 70.0% Bond Ball Work Index 15.7 15.0

Low Cyanide Consumption

No “Preg Robbing” activity

Non acid-generating tailings

www.helioresource.com SMP - PROSPECTS smp – prospects Numerous Au occurrences and soil anomalies Widespread historical artisanal mining activity tsx-v:hrc

Numerous Au occurrences and soil anomalies

Widespread historical artisanal mining activity

www.helioresource.com SMP – KONOKONO LONG SECTION smp – konokono long section tsx-v:hrc

www.helioresource.com SMP – DUBWANA TARGET smp – dubwana target tsx-v:hrc

www.helioresource.com SMP – SAZA WEST TARGETS smp – saza west targets tsx-v:hrc

www.helioresource.com SMP – 2009 DRILL TARGETS smp – 2009 drill targets tsx-v:hrc

www.helioresource.com SMP – SUMMARY AND OUTLOOK smp – summary and outlook Best new gold project in Tanzania? Multi-million ounce potential. Control of the main gold-bearing structure in the region (35km). Multiple drill targets proximal to six colonial-era gold mines. Excellent metallurgical results. Ability to earn a 100% interest in all five licences. Good Infrastructure. tsx-v:hrc

Best new gold project in Tanzania?

Multi-million ounce potential.

Control of the main gold-bearing structure in the region (35km).

Multiple drill targets proximal to six colonial-era gold mines.

Excellent metallurgical results.

Ability to earn a 100% interest in all five licences.

Good Infrastructure.

www.helioresource.com WHY INVEST IN HELIO? why invest in helio? Building strong underlying value at the SMP gold project in Tanzania. Drilling over the last two years has removed a great deal of the exploration risk. Favourable capital structure. Strong Management, Board of Directors, and core shareholder group. tsx-v:hrc

Building strong underlying value at the SMP gold project in Tanzania.

Drilling over the last two years has removed a great deal of the exploration risk.

Favourable capital structure.

Strong Management, Board of Directors, and core shareholder group.

580 – 625 Howe Street, Vancouver B.C., V6C 2T6 Canada www.helioresource.com +1 604 638 8002

London Global Mining Investment Conference Stationers Hall, London Wednesday 30 th September 2009 www.ObjectiveCapitalConferences.com Richard Williams CEO & Director Helio Resource Corp Richard Williams is a Professional Geologist with 20 years experience in gold mining, and precious and base metal mineral exploration in southern Africa, south, central and north America, and most recently in southern Europe. Mr Williams graduated from Portsmouth University, UK with a B.Sc. Honours degree in 1988, before becoming a mine geologist in the Witwatersrand goldfields, South Africa. In 1992 - 1993, he completed a Master’s degree in Mineral Exploration at Queen’s University, Ontario, before joining Canarc Resource Corp. as its Exploration Manager in Suriname, South America. In 1998, based in Vancouver, Mr Williams assumed the role of Acquisitions Manager for Canarc, working mainly in Mexico.