Heliostar Metals Adds Experienced Mine Builder as COO
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the appointment of Mr. Gregg Bush as Chief Operating Officer for the Company.Mr Bush is a proven mine builder with a strong track record of mine development, project integration and operations. Previously, Mr. Bush was the COO of Capstone Mining Corporation for eight years. There, his responsibilities included all aspects of operations, development...
2023-12-05 6:30 AM EST
Heliostar Metals Announces Updated Mineral Resource Estimate for the Ana Paula Project, Mexico
Highlights of the Mineral Resource Estimate:Total measured and indicated mineral resources of 710,920 gold ounces grading 6.60 g/t goldTotal inferred mineral resources of 447,512 gold ounces grading 4.24 g/t goldMineral resource estimation cutoff grade of 2.5g/t gold. Increased from previous estimateA connected zone of greater than 200,000 gold ounces grading greater than 10 g/t gold within the measured resource in the High Grade Panel that can be targeted in the initial years of mining58% increase in measured and 30%...
2023-11-27 6:30 AM EST
Heliostar Announces $4.6M in Commitments Under Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to provide an update on its warrant exercise incentive program previously announced on November 14, 2023 (the "Warrant Incentive Program"). The Warrant Incentive Program was designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023 (the "Outstanding Warrants").To date, holders of 15,368,864 Outstanding Warrants have committed to...
2023-11-21 6:30 AM EST
Heliostar Announces Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a warrant exercise incentive program (the "Incentive Program") designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023 (the "Outstanding Warrants").Pursuant to the Incentive Program, the Company will offer holders of all 46,363,630 Outstanding Warrants the opportunity to exercise each of their Outstanding Warrants between...
2023-11-14 6:30 AM EST
Heliostar's New Parallel Panel Yields 16m Grading 11.2 g/t Gold within 147m Grading 4.1 g/t Gold at Ana Paula Project
Highlights:Hole AP-23-309 - 147.05 metres @ 4.13 grams per tonne (g/t) gold including- 16.0 metres @ 11.2 g/t gold in the Parallel Panel Hole AP-23-308 - 14.8 metres @ 5.06 g/t gold in Parallel PanelThese results will not be included in the updated mineral resource estimate the Company expects to announce later this...
2023-11-08 6:30 AM EST
Heliostar Reports 80.4% Gold Recovery from High Grade Panel at the Ana Paula Project, Mexico
Highlights:80.4% average gold recovery from seven composites representative of the High Grade PanelGold recoveries range from 74.6 - 88.1% for these samplesGravity testwork suggests greater than 31% of the gold may be gravity recoverableConfirms the the Company's interpretation that recoveries from high-grade gold mineralization can utilize simpler, lower cost, conventional milling processesMetallurgical process is based on a conventional 75 micron grind size and Carbon-in-Leach (CIL) flowsheetVancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX:...
2023-10-03 6:30 AM EDT
Heliostar Drills 63m Grading 10.4 g/t Gold and 14.6m Grading 33.0 g/t Gold at the Ana Paula Project, Mexico
Highlights:Hole AP-23-306 (Parallel Panel)- 35.9 metres @ 8.17 grams per tonne (g/t) goldHole AP-23-306 (High Grade Panel)- 83.6 metres @ 8.57 g/t gold including- 63.0 metres @ 10.4 g/t goldHole AP-23-307 (upper zone in High Grade Panel)- 57.0 metres @ 6.03 g/t gold including
2023-09-25 6:30 AM EDT
Heliostar Defines Growth Targets Including a Parallel Panel at Ana Paula, Mexico
Highlights:Drill results identify a Parallel Panel target located ~50 metres north of the High Grade Panel with mutiple high grade intercepts:38.0m grading 6.95 grams per tonne ('g/t') gold including 6.0m grading 23.3 g/t gold4.0m grading 10.7 g/t gold2.0m grading 13.6 g/t goldDeep Expansion Zone beneath the High Grade Panel with open intercepts:13.5m grading 29.1 g/t gold40.0m grading 6.30 g/t goldNew West Breccia target with gold mineralization and a pathfinder element signature as strong as the High Grade PanelSan Luis Targ
2023-09-07 6:30 AM EDT
Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t Gold, Expands High Grade Panel at Ana Paula
Highlights:Hole AP-23-30398.0 metres @ 6.46 grams per tonne (g/t) gold including3.0 metres @ 16.4 g/t goldHole AP-23-30485.5 metres @ 4.73 g/t gold including9.5 metres @ 25.6 g/t goldThese intercepts expand the High Grade Panel to 280m of total length from near surfaceRespectively, gold grades in holes AP-23-303, AP-23-304 and AP-23-305 are 14%, 3% and 307% higher than that predicted in the current resource model (at a >5g/t cutoff grade)Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Heliostar Metals Ltd....
2023-09-06 6:30 AM EDT
Heliostar Drills 31.8 g/t Gold over 9.5 Metres within 8.0 g/t Gold over 72.0 Metres in Up-Plunge Target at the Ana Paula Project
Highlights:Hole AP-23-300- 72.0 metres @ 8.0 grams per tonne (g/t) gold including- 9.5 metres @ 31.8 g/t goldHole AP-23-302- 52 metres @ 5.0 g/t goldHole AP-23-299- 11 metres @ 15.8 g/t goldThe up-plunge target is expected to connect into a single block of continuous high grade gold mineralization. Hole AP-23-300 is 480% better than predicted in the current resource model at...
2023-08-09 6:30 AM EDT
Heliostar Advances Underground Mining Scenarios at the Ana Paula Project, Mexico
Highlights:The Ana Paula measured and indicated resource contains an average of 5,350 ounces of gold per vertical metre between 725-950 metres of elevation (immediately below surface)The deposit's favourable orientation, width, and shallow depth make the resource amenable to underground mining configurationsHeliostar is currently reviewing undergound mining scenarios at multiple cut-off grades and potential throughput ratesPotential underground mining scenerios take advantage of the existing 412 metre long, production sized, portal and declineVan
2023-08-03 6:30 AM EDT
Heliostar Intersects 242m Grading 9.06 g/t Gold - The Longest and Highest-Grade Drill Hole in the History of the Ana Paula project in Mexico
Highlights:Hole AP-23-297 241.95 metres @ 9.06 grams per tonne (g/t) gold including31.5 metres @ 21.5 g/t gold including 5.00 metres @ 51.0 g/t gold and including35.2 metres @ 23.6 g/t gold including9.90 metres @ 42.4 g/t goldHole AP-23-298104.1 metres @ 6.14 g/t gold including19.5 metres @ 15.11 g/t goldHole AP-23-297 is the longest, highest grade interval drilled in the history of the Ana Paula projectThese holes exceed the resource model's predicted high grades, and extends high grade mineralization up plunge....
2023-07-18 6:30 AM EDT
Heliostar Announces Closing of Upsized $7 Million Offering
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (the "Company" or "Heliostar") is pleased to announce that it has closed its previously announced private placement offering (the "Offering") for aggregate gross proceeds of approximately $7,000,000.Pursuant to the Offering:a total of 9,990,200 units of the Company (the "Units") were offered at a price of $0.37 per Unit (the "Issue Price") by Clarus Securities Inc. ("Clarus"), as lead agent, on behalf of...
2023-07-11 10:38 AM EDT
Heliostar Provides Update on Technical Disclosure
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is issuing this press release to clarify certain of its previous disclosure regarding the Ana Paula Project.The Company previously disclosed statements which could constitute an economic analysis of its intended re-scoping of the Ana Paula Project (the "Disclosure"). The Company wishes to retract the Disclosure. The Company has not completed an economic analysis on the re-scoping of the...
2023-06-14 5:07 PM EDT
Heliostar Drills 46.0m Grading 13.4 g/t Gold Within 129.2m Grading 6.0 g/t Gold at Ana Paula, Mexico
Highlights:Hole AP-23-293 129.2 metres @ 6.0 grams per tonne (g/t) gold including;46.0 metres @ 13.4 g/t gold including;28.5 metres @ 17.4 g/t goldHole AP-23-294 (drilled above the High Grade Panel)13.95 metres @ 6.4 g/t gold;The results from AP-23-293 are the most significant reported in Heliostar's reassessment of the High Grade Panel. They infill a gap in the resource to connect a now continuous 195-metre-long strike length of drill hits with more than 15 grams per tonne of gold.Vancouver, British...
2023-06-12 6:30 AM EDT
Heliostar Drills 53.2 m Grading 11.0 g/t gold and 44.5 m Grading 11.0 g/t gold at Ana Paula Project, Mexico
Highlights:Hole AP-23-292 101.1 metres @ 8.3 grams per tonne (g/t) gold including;53.2 metres @ 11.0 g/t gold Hole AP-23-291 118.5 metres @ 5.4 g/t gold including;44.5 metres @ 11.0 g/t gold including;4.0 metres @ 48.5 g/t gold These first drill results confirm our drilling thesis, which we believe will lead to a larger and higher grade core within the Ana Paula depositVancouver, British Columbia--(Newsfile Corp. - May 23, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar"...
2023-05-23 6:30 AM EDT
Heliostar Announces Reinstatement to OTCQX Market Under Symbol HSTXF After Ana Paula Acquisition
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased today that the company has returned to trading on the OTCQX® Best Market following the completion of the acquisition of the Ana Paula Project. Heliostar will continue trading under the symbol "HSTXF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.Heliostar CEO, Charles Funk commented, "Reinstatement on...
2023-05-22 6:30 AM EDT
Heliostar Appoints Samuel Anderson as VP Projects
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has appointed Samuel Anderson as Vice President of Projects.Heliostar CEO, Charles Funk commented, "Mr Anderson has significant development experience with Newmont Mining. He took multiple projects through the same steps we are undertaking at Ana Paula. Sam will lead the re-scoping of Ana Paula over the next six months. He...
2023-05-18 6:30 AM EDT
Heliostar Commences Drilling of the High Grade Gold Panel at the Ana Paula Deposit, Mexico
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report that drilling has commenced at the Ana Paula Deposit in Mexico. This follows the re-scoping plans announced on April 3, 2023. Heliostar CEO, Charles Funk, commented, "Heliostar continues to move rapidly with our re-scope of the Ana Paula deposit. By focussing on the High Grade Panel at the core of Ana Paula, we...
2023-04-19 6:30 AM EDT
Heliostar Files Updated Pre-Feasibility Study to Support Ana Paula Acquisition
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") reports that it has filed a technical report on an update of the 2017 Pre-feasibility Study ("PFS") on the Ana Paula Deposit in Guerrero, Mexico with the securities exchange. The updated PFS, effective February 28, 2023, reflects current metal prices and input costs.Heliostar CEO, Charles Funk, comments "Updating the Pre-feasibility study was a key document required...
2023-04-06 11:51 AM EDT