People are Googling Helix Resources (ASX:HLX), with this stock ranking in the Top 9 for finance-related searches on Google in Australia today.

Helix Resources is an ASX-listed exploration company focusing on the discovery of base metals and gold deposits in Australia. The company's main objective is to unlock the value of its existing projects and to develop new projects through exploration and acquisition. Helix is actively exploring in the East Pilbara region of Western Australia and is also exploring for gold in the Northern Territory. The company is committed to delivering shareholder value by advancing its projects to production, and will continue to explore for new opportunities in the future.

The trending news today about this stock relates to Helix Resources ready to spin out its nickel and cobalt interests in the prolific Cobar Basin of NSW into a special-purpose vehicle aimed at maximising value for shareholders.

The new venture — dubbed Ionick Metals Ltd — has executed a 12-month option agreement with Jodama Pty Ltd, which can pick up vendor and performance shares in a future Ionick float in exchange for three exploration licences.