Heliostar Metals Ltd. announces that, further to its news release dated November 6, 2025, it has filed a Preliminary Economic Assessment Technical Report for its Ana Paula Project located in Guerrero, Mexico. The technical report was prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects. It has an effective date of November 6, 2025 with M3 Engineering & Technology Corp. as [...]
HIGHLIGHTS: Restart of mining operations at San Agustin Mining the reserve will produce 45,000 ounces at an AISC of $1,990/GEO providing a margin of over $2,300/oz at current spot gold prices Oxide targets drilling program underway with 37 holes completed and submitted for analysis Heliostar Metals Ltd. is pleased to announce that mining, crushing and conveying and stacking of ore onto the leach pad at San Agustin has [...]
Heliostar Metals Ltd. acknowledges positive media reports quoting Mexican government officials that the Company's La Colorada expansion project is underway and restart of open-pit mining will begin in Q1, 2026 at La Colorada. In Q2 2025, Heliostar applied for a permit to expand the Veta Madre open pit at the La Colorada mine in Sonora. The Company completed all necessary submissions and bonding payments in November 2025 [...]
Company Highlights: Base Case shows US$424M post tax NPV5, 33.1% IRR, with a 2.3 year payback at a US$2,300/oz gold price Upside Case shows US$972M post tax NPV5, 59.3% IRR, with a 1.4 year payback at a US$3,900/oz gold price 1.31M GEOs produced over a 15.3 year mine life, averaging approximately 85,700 GEOs/yr at a co-product AISC of US$1,390/GEO Initial capital expenditure of US$195.3M for an open pit, heap leach mine [...]
Heliostar Metals announces it has entered into an agreement with GRA Enterprises LLC DBA National Inflation Association for investor relations and communication services. The December Agreement has a term of three months commencing on Dec 1, 2025, under which the Company will pay GRA Enterprises LLC DBA National Inflation Association US$30,000. Heliostar also previously entered into an agreement with GRA Enterprises LLC [...]
Heliostar Metals is pleased to announce that Mr James Perry has succeeded the retiring Mr. Jacques Vaillancourt as Chairman at the Company's Annual General & Special Meeting held on November 26th, 2025. Heliostar's new Chairman Mr. James Perry commented, "I am excited to join Heliostar at this important inflection point. The Company has built a strong foundation through disciplined operations and strategic acquisitions [...]
Heliostar Metals announces that, further to its news release dated October 17, 2025, it has filed an Updated Technical Report for its operating La Colorada mine. The technical report was prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects. It has an effective date of October 19, 2025, with Mine Technical Services Ltd. Engineering as the lead author and consultant, and [...]
Heliostar Metals is pleased to announce additional results from the current drill program at its 100% owned Ana Paula project. The program aims to convert inferred ounces to higher confidence classifications. It will also support the ongoing Feasibility Study and testing the next exploration targets around the Ana Paula deposit. Heliostar CEO, Charles Funk, commented, "It's rare to find a deposit that consistently [...]
Record Q3 2025 production of 9,165 Gold Equivalent Ounces Q3 2025 sales of 7,709 GEOs Q3 Operating income of US$14.2M; Net Income of US$1.3M after US$6.4M of Exploration costs Consolidated cash costs of $1,500 per GEO sold and consolidated all-in sustaining costs of $1,825 for Q3 2025 US$34.6M in cash, 1,688 unsold gold ounces, working capital of US$46.7M and no debt The Company is on track to achieve its annual [...]
Highlights: Base Case shows US$426.0M post tax NPV5, 28.1% IRR, with a 2.9 year payback at a US$2,400/oz gold price Upside Case shows US$1,012M post tax NPV5, 51.3% IRR, with a 1.9 year payback at a US$3,800/oz gold price 874,700 oz of gold produced over a nine year mine life averaging 101 koz/yr after initial ramp-up Life-of-mine average AISC of US$1,011/oz putting it in the lowest 13% of the global costs curve for [...]
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 [...]
