Helix Resources (ASX:HLX) has applied for a new 585? Exploration License prospective for copper discoveries located along strike from the company's Collerina Copper Trend in the Cobar-Nyngan copper region of NSW.

The company said the work has added vital detail to the interpretation of the regional geology, leading to the use of specific "signatures" recognised within the prospective host sequence to the copper deposits, which makes the discovery of new mines easier.

It also said the total ground holding is now increased to 2,900?.

Helix Resources' share price is up 20% the past five days.