Highlights: Hole AP-23-297 241.95 metres @ 9.06 grams per tonne gold including 31.5 metres @ 21.5 g/t gold including 5.00 metres @ 51.0 g/t gold and including 35.2 metres @ 23.6 g/t gold including 9.90 metres @ 42.4 g/t gold Hole AP-23-298 104.1 metres @ 6.14 g/t gold including 19.5 metres @ 15.11 g/t gold Hole AP-23-297 is the longest, highest grade interval drilled in the history of the Ana Paula project These holes [...]
Heliostar Metals Ltd. is pleased to announce that it has closed its previously announced private placement offering for aggregate gross proceeds of approximately $7,000,000. Pursuant to the Offering: a total of 9,990,200 units of the Company were offered at a price of $0.37 per Unit by Clarus Securities Inc. , as lead agent, on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. for gross [...]
Heliostar Metals Ltd. is pleased to announce today that it has agreed with Clarus Securities Inc. , as lead agent, on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. , to increase the size of its previously announced $5,000,000 "best efforts" private placement offering being made pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus [...]
Heliostar Metals Ltd. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. in connection with a "best efforts" private placement of up to 13,513,513 units of the Company at a price of $0.37 per Unit for gross proceeds of up to $5,000,000. The Units will be [...]
Heliostar Metals Ltd. 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 Company wishes to retract the Disclosure. The Company has not completed an economic analysis on the re-scoping of the Ana Paula Project and the [...]
Highlights: Hole AP-23-293 129.2 metres @ 6.0 grams per tonne gold including; 46.0 metres @ 13.4 g/t gold including; 28.5 metres @ 17.4 g/t gold Hole AP-23-294 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 [...]
Highlights: Hole AP-23-292 101.1 metres @ 8.3 grams per tonne 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 deposit Heliostar Metals Ltd. is pleased to report its first [...]
Heliostar Metals Ltd. 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 the OTCQX was [...]
Heliostar Metals Ltd. 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 will lead delivery of the required drilling [...]
Heliostar Metals Ltd. 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 believe we can considerably improve the project economics by changing [...]
Heliostar Metals Ltd. reports that it has filed a technical report on an update of the 2017 Pre-feasibility Study 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 be the securities exchange for approval [...]
Heliostar Metals Ltd. is pleased to provide a detailed plan for the re-scoping of the Ana Paula gold deposit. This re-scope will target an improved financial outcome through an increase in the reserves and resources of the project and incorporation of underground mining and simplification of the mill flowsheet. The re-scoping will be focused on the High-Grade Panel at the core of the Ana Paula Deposit and is anticipated [...]
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