The Heliostar Metals Ltd. Annual General & Special Meeting is scheduled for November 26th, 2025. The Company's Chairman, Jacques Vaillancourt and director Ken Booth will step down at the AGM, and Mr James Perry is proposed to succeed Mr. Vaillancourt as Chairman. Heliostar's Chairman, Jacques Vaillancourt, commented on his retirement from the board. "The Company has changed immensely from my initial involvement and [...]
Technical Report Highlights: Base Case shows US$66.2M post tax NPV5, 24.4% IRR, with a payback multiple of 1.9 at a US$2,300/oz gold price Upside Case shows US$243.3M post tax NPV5, 168.4% IRR, with a payback multiple of 8.4 at a US$3,500/oz gold price 286k ounces of gold produced at an AISC of US$1,626 per AuEq ounce over a 6.1-year mine life with US$45M initial CAPEX US$40M increase in base case post-tax NPV5 and [...]
HIGHLIGHTS: 88.05 m grading 8.82 g/t gold from 88.2 m including 35.5 m grading 13.03 g/t gold from 88.2 m 6.4 m grading 5.16 g/t gold from 39.8 m 14.3 m grading 4.19 g/t gold from 397.7 m 20.5 m grading 4.61 g/t gold from 198.8 m A third drill rig has been added to the Ana Paula program to accelerate the drilling program Heliostar Metals Ltd. is pleased to announce additional results from the current 15,000 metre drill [...]
Heliostar Metals is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange effective Sept 12, 2025. The TSXV classifies issuers into different tiers based on various factors, including financial performance, stage of development, and available resources. Tier 1 is the TSXV's highest designation and is reserved for more advanced companies with [...]
Q2 2025 Quarter Highlights Q2 2025 production of 7,396 Gold Equivalent Ounces Q2 2025 sales of 8,556 GEOs Consolidated cash costs of $1,413 per GEO sold and consolidated all-in sustaining costs of $1,541 for Q2 2025 The Company is on track to achieve its annual sales guidance of 31,000 to 41,000 GEOs, annual cash cost of $1,800-1,900 per GEO sold and AISC of $1,950-2,100 per GEO sold for 2025 Mine operating earnings of [...]
HIGHLIGHTS: 30.20m grading 6.29g/t gold from 195.8m 14.75m grading 13.6g/t gold from 153.5m 20.95m grading 6.67g/t gold from 113.5m 12.20m grading 8.72g/t gold from 344.5m Consistent gold mineralization at the western end of the High Grade Panel First results from a 15,000 metre program continuing throughout 2025 Heliostar Metals Ltd. is pleased to announce its first results from the current 15,000 metre drill program at [...]
Highlights: Mining operations to restart at the San Agustin Mine in H2, 2025, with initial production expected in Q4 Operations analysis supports a post-tax NPV5% of US$35.25M, IRR of 548%, CAPEX of US$4.2M and an output of 45,000 total gold ounces produced at a US$3,000/oz gold price Restart provides confidence for the first significant Heliostar investment into the future of San Agustin, aimed at extending mine life [...]
HIGHLIGHTS: 10.7m grading 1.81 g/t gold from surface 19.8m grading 0.62 g/t gold from 4.6 metres 13.7m grading 0.61 g/t gold from surface 9.10m grading 0.87 g/t gold from surface Additional 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 Dorado [...]
HIGHLIGHTS: 56.6m grading 2.88 g/t gold from 68m 23.2m grading 14.4 g/t gold from surface 4.05m grading 17.8 g/t gold from 136m 8.7m grading 6.68 g/t gold from 56m 18.85m grading 3.54 g/t gold from 95m Deeper drilling at the Creston Pit shows a combination of wide intervals and high grades Results will be incorporated in an updated technical study for La Colorada expected to be released mid-2025 The focus of drilling at [...]
Q1 2025 Operational and Financial Highlights Gold equivalent ounce 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 2025 Preliminary interim consolidated cash costs of US$1,175-1,275 per GEOs sold and consolidated all-in sustaining costs of US$1,375-1,475 for Q1 2025. The Company is on track to achieve its annual cash cost [...]
Heliostar Metals Ltd. 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 project knowledge from his role as [...]
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