Watch it LIVE here on Thursday evening.
"The awards night will once again be the snow industry's most spectacular evening," says event founder Tony Harrington (Harro). "Some of the most incredible adventure lifestyle and snow sports footage ever documented will be featured on the big screen.
The night features awards for photography, cinematography and winners of each day as well as the overall winners of the event.
Five top photographers vying for this year's Canon Shootout photography awards created over 25,000 images, capturing the action and the lifestyle of the event, which will be viewed around the world. Each photographer selected one image from each category to be judged. Categories this year are:
Best Extreme Day Shot
Best Freestyle Day Shot
Best Carlton Dry Shot
Best Exide Batteries Shot
Best Canon Shot
Those watching from home can see all photos entered in the competition in a gallery that will be uploaded to the World Heli Challenge website following the awards.
The audience will be treated to five "mind-blowing" five-minute documentaries, each capturing the spirit of the two-weeks of heli-accessed skiing and snowboarding and all of the off-snow adventure from a different perspective.
The helicopter pilots have also put together an edit using footage from ION Air Pro POV cams that were mounted on the helicopters for the event.
The highlight of the evening will be the announcement of this year's winners of the two-days of heli-accessed competition.
Winners will be announced for the following:
Best Female Skier Freestyle Day
Best Female Snowboarder Freestyle Day
Best Male Skier Freestyle Day
Best Male Snowboarder Freestyle Day
Overall Top Three Female Skiers
Overall Top Three Female Snowboarders
Overall Top Three Male Skiers
Overall Top Three Male Snowboarders
Overall Best Male and Female Athlete of World Heli Challenge 2012 (pitting skiers against snowboarders)
About the World Heli Challenge
The World Heli Challenge brings together the cream of snowsports athletes from around the globe to compete in a unique helicopter-accessed competition. The goal is to find out which athlete is the best "all rounder" by combining their freeride and freestyle strengths to showcase their overall talent on snow. The main event period is jam-packed with events, parties and adventure days. For the first time this year, one athlete will be named the overall best all mountain rider. This further separates the World Heli Challenge from any other event on the globe. Skiers and snowboarders will compete on an even field, but only one will come out on top. Will it be a skier or snowboarder?