Heliostar Reports Multiple Stockpile Assays Including 10.7m of 1.81 g/t Gold at La Colorada Mine
HIGHLIGHTS:10.7m grading 1.81 g/t gold from surface19.8m grading 0.62 g/t gold from 4.6 metres13.7m grading 0.61 g/t gold from surface9.10m grading 0.87 g/t gold from surfaceAdditional drilling success at the Truckshop stockpile fits La Colorada's strategy to maximize cashflow ahead of pit expansions Definition of stockpiles ongoing at La Colorada with next drilling planned at El DoradoVancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased...
2025-06-24 6:30 AM EDT
Heliostar Drills 56.6 Metres Grading 2.88 g/t Oxide Gold from 68 Metres at the La Colorada Mine, Sonora, Mexico
HIGHLIGHTS:56.6m grading 2.88 g/t gold from 68m 23.2m grading 14.4 g/t gold from surface (including 0.85m grading 381 g/t gold) 4.05m grading 17.8 g/t gold from 136m 8.7m grading 6.68 g/t gold from 56m18.85m grading 3.54 g/t gold from 95mDeeper drilling at the Creston Pit shows a combination of wide intervals and high gradesResults will be incorporated in an updated technical study for La Colorada expected to be released mid-2025 The focus of drilling at La Colorada will...
2025-05-15 6:30 AM EDT
Heliostar Delivers Strong First Quarter 2025 Results
Q1 2025 Operational and Financial HighlightsGold equivalent ounce ("GEO") production of 9,082 GEOs and sales of 8,034 GEOs for Q1 2025. The Company is on track to achieve annual sales guidance of 31,000 to 41,000 GEOs for 2025Preliminary interim consolidated cash costs of US$1,175-1,275 per GEOs sold and consolidated all-in sustaining costs ("AISC") of US$1,375-1,475 for Q1 2025. The Company is on track to achieve its annual cash cost guidance range of US$1,800-1,900 per GEOs sold and AISC of US$1,950-2,100...
2025-04-28 6:30 AM EDT
Additions to Heliostar Metals Management Team
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Mr. Stephen Soock as Vice President of Investor Relations and Development and Ms. Connie Lillico as Corporate Secretary.Heliostar CEO, Charles Funk, commented, "We are delighted to add Stephen and Connie to our team as we continue to build our capacity. Stephen brings his understanding of institutional banking, sales and...
2025-04-24 6:30 AM EDT
Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico
HIGHLIGHTS:8.85m grading 25.0 g/t gold and 768 g/t silver8.55m grading 5.52 g/t gold and 121 g/t silver3.5m grading 5.41 g/t gold and 87 g/t silver5.5m grading 11.1 g/t gold 2.9m grading 10.5 g/t gold4.6m grading 5.78 g/t gold 5.75m grading 4.72 g/t gold Higher-grade intercepts demonstrate underground potential beyond the current open pitThe success of this drill program called for additional step-out drilling. Results for these drill holes are expected in Q2, 2025La Colorada technical report update incorporating these...
2025-04-09 6:30 AM EDT
Heliostar to Commence 15,000m Ana Paula Drill Program
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce an aggressive drill-out of the Company's 100% owned Ana Paula deposit. The company will mobilize two drill rigs in April to commence the program.Heliostar CEO Charles Funk comments, "We have always wanted to push harder at Ana Paula, and now we can commence the largest drill program in the Company's history. We see...
2025-03-31 6:30 AM EDT
Heliostar Metals Closes Bought Deal Equity Financing for Gross Proceeds of $19.5 Million
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has closed the bought deal equity financing previously announced by the Company on March 20, 2025, including the partial exercise of the underwriters' option, for aggregate gross proceeds of $19,500,000 (the "Offering"). The Offering was conducted by a syndicate of underwriters led by Cormark Securities Inc. and Velocity Trade Capital Ltd., and...
2025-03-28 10:17 AM EDT
Heliostar CFO Commences Role and Incentive Grant
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that Ms. Vitalina Lyssoun has commenced her role as Chief Financial Officer ("CFO") as announced on February 6th, 2025.Further, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 500,000 stock options ("Options") at an exercise price of $0.815 and 150,000 restricted share units (each an "RSU") to an employee of the...
2025-03-04 6:30 AM EST
Heliostar Presents Fourth Quarter 2024 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") today reported financial results for the three months ended December 31, 2024 ("Q4 2024"), which corresponds to the third quarter of Heliostar's fiscal reporting year 2025. The Company previously released its gold production for Q4 2024 (see News Release dated February 4, 2025)Heliostar CEO, Charles Funk, commented, "Q4 2024 was a strong start to production for Heliostar....
2025-02-28 6:30 AM EST
Drills Wide Intervals Within the High Grade Panel and Hits Satellite Zones at Ana Paula, Mexico
HIGHLIGHTS:High Grade Panel161.0 metres @ 4.26 grams per tonne (g/t) gold including30.0 metres @ 10.1 g/t gold, and15.7 metres @ 10.4 g/t goldParallel Panel3.0 metres @ 21.4 g/t goldSatellite hit (over 150m below High Grade Panel)24.0 metres @ 5.10 g/t goldVancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from the 100% owned Ana Pau
2025-02-20 6:30 AM EST
Heliostar Fully Repays Acquisition Loan Within 3 Months.
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has repaid the US$5M loan obtained from Deans Knight Capital Management Ltd on November 6th, 2024. The loan was used to acquire the portfolio of operating and development assets in Mexico from Florida Canyon Gold Inc.Heliostar CEO Charles Funk commented, "Repayment of this loan is another significant milestone for Heliostar. In...
2025-02-13 6:30 AM EST
Heliostar Announces New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Ms. Vitalina Lyssoun as Chief Financial Officer ("CFO"), effective March 3, 2025.Ms. Lyssoun brings over 16 years of financial expertise, with a focus on the resource sector, to her new role. Most recently, she built and led the corporate accounting team at Gatos Silver Inc., including through their recent...
2025-02-06 6:30 AM EST
Heliostar Announces 2024 Production and Provides 2025 Production and Cost Guidance
HIGHLIGHTS:2024 Production of 20,795 GEOs (20,298 gold ounces and 43,076 silver ounces)2025 Production Guidance of 31,000-41,000 GEOsVancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it produced 10,391 Gold Equivalent Ounces (GEOs) (10,156 gold ounce and 20,054 silver ounces) in the fourth quarter of 2024 (the third quarter of the Company's financial year). This resulted in a total 2024 production of...
2025-02-04 6:30 AM EST
Heliostar Delivers Strong Shallow Oxide Gold Hits at the La Colorada Mine, Sonora, Mexico
HIGHLIGHTS:5.0m grading 9.69 g/t gold4.3m grading 9.87 g/t gold15.0m grading 2.54 g/t gold11.65m grading 1.86 g/t gold11.6m grading 1.72 g/t gold21.6m grading 0.77 g/t goldContinued success from assay results from shallow drilling in areas considered to be waste within the Creston Pit ExpansionHigher Grade intercepts demonstrate underground potential beyond the current open pitVancouver, British Columbia--(Newsfile Corp. - January 30, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results...
2025-01-30 6:30 AM EST
Heliostar Files Technical Reports on Mines and Development Project Recently Acquired in Mexico
Company Overview on La Colorada:La Colorada Operations show US$25.9M NPV5, 11.9% IRR, US$53.9M CAPEX and 287k total ounces produced at a US$2,000/oz gold price New mineral reserve at Junkyard Stockpile supports restart of mining at La Colorada that has commenced this monthEl Crestón expansion at La Colorada is expected to produce over 50,000 ounces of gold per yearCurrent drill program (five drill rigs) is targeting lower CAPEX and increased production for updated technical report planned for mid-2025
2025-01-13 10:25 PM EST
Plans To Restart Mining Operations at La Colorada Mine, Mexico
HIGHLIGHTS:Heliostar plans to restart mining operations at La Colorada Mine in January, 2025Mining to commence at the Junkyard Stockpile, a focus of recent work programsVancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that the Company has undertaken a work program at the historical Junkyard Stockpile at the La Colorada Mine and plans to recommence crushing and stacking in January 2025. The...
2024-12-12 6:30 AM EST
Heliostar Metals Adds to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") The Board is pleased to announce the following addition to its board. We are very pleased and proud to announce the addition of Ramon Tomas Dávila Flores as non-executive director with immediate effect to Heliostar's board of directors. Mr. Dávila was most recently President of Guanajuato Silver Co. Ltd. Previous thereto Mr. Dávila was Minister of Economic Development...
2024-12-05 6:30 AM EST
Heliostar Drills 71.8 g/t Gold over 16.1 metres in the High Grade Panel at Ana Paula, Mexico
HIGHLIGHTS:Hole AP-24-31787.8 metres @ 16.0 grams per tonne (g/t) gold including16.1 metres @ 71.8 g/t goldHole AP-24-315125.9 metres @ 4.02 g/t gold including23.6 metres @ 12.5 g/t goldResults continue to expand the High Grade Panel and locally increase grades Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from the 2024 drill program at the 100% owned Ana Paula project...
2024-12-02 6:30 AM EST
Heliostar Announces First Results from 2024 Drilling Program at La Colorada Mine
HIGHLIGHTS:5.0m grading 18.0 g/t gold37.0m grading 1.24 g/t gold11.8m grading 1.71 g/t gold14.5m grading 1.69 g/t gold10.1m grading 0.85 g/t goldFive drill rigs operating at site completing a 12,500m drill programProgram designed to expand oxide mineral reserves at the El Creston pitResults show shallow mineralization is open and can positively impact mining economicsProduction decision at El Creston expected by mid-2025Vancouver, British Columbia--(Newsfile Corp. - November 26, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the...
2024-11-26 6:30 AM EST
Heliostar Announces 2024 Production Guidance for Acquired Mines
HIGHLIGHTS:Production guidance for July-December of 19,350 - 19,750 Gold Ounces and 20,000 - 20,250 Gold Equivalent OuncesCash Cost guidance of US$1,500 - US$1,600 Cash Costs and ASIC guidance of US$1,650 - US$1,750 per Gold OunceImmediate objectives are to expand annual production and grow resourcesFive drill rigs turning across portfolioVancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, upon completion of the acquisition...
2024-11-14 6:30 AM EST