Heliostar Metals Ltd
Company Overview
Mining company
Latest News
Heliostar Drills 56.6 Metres Grading 2.88 g/t Oxide Gold from 68 Metres at the La Colorada Mine, Sonora, Mexico
Heliostar reports promising high-grade gold drill results at La Colorada, Mexico, with plans to expand reserves, update technical studies, and focus on stockpiles and underground targets by mid-2025.
Heliostar Delivers Strong First Quarter 2025 Results
Heliostar's Q1 2025 results show strong production, cost control, $27M cash, and progress toward annual targets, with plans to expand drilling and update investors in May.
Additions to Heliostar Metals Management Team
Heliostar appointed Stephen Soock as VP of Investor Relations and Connie Lillico as Corporate Secretary, leveraging their extensive mining and corporate experience to support growth.
Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico
Heliostar Metals Ltd. announced positive drilling results from its La Colorada Mine, with high-grade gold and silver intercepts indicating potential for underground expansion. The company plans additional drilling and aims …
Heliostar to Commence 15,000m Ana Paula Drill Program
Heliostar Metals Ltd. is launching an extensive drill program at its Ana Paula deposit, starting in April 2025. The initiative aims to enhance the resource through infill drilling, expand boundaries, …
Heliostar Metals Closes Bought Deal Equity Financing for Gross Proceeds of $19.5 Million
Heliostar Metals Ltd. has closed a bought deal equity financing, raising $19.5 million by issuing 19.5 million shares at $1 each. The funds will support project development in Mexico and …
Heliostar CFO Commences Role and Incentive Grant
Heliostar Metals Ltd. announces Ms. Vitalina Lyssoun as CFO and grants stock options and RSUs to an employee. The company aims to expand production at its mines in Mexico and …
Heliostar Presents Fourth Quarter 2024 Financial Results
Heliostar Metals Ltd. reported strong Q4 2024 financial results, highlighting a C$9.5M cash flow and a C$7.7M cash position post-acquisition of Mexican gold assets. The company paid off its acquisition …
Drills Wide Intervals Within the High Grade Panel and Hits Satellite Zones at Ana Paula, Mexico
Heliostar Metals Ltd. reports strong drilling results from its Ana Paula project in Mexico, revealing high-grade gold intervals, including 161m at 4.26 g/t and satellite zones with 5.10 g/t. The …
Heliostar Fully Repays Acquisition Loan Within 3 Months.
Heliostar Metals Ltd. has repaid a US$5M loan from Deans Knight Capital Management used for acquiring gold assets in Mexico. CEO Charles Funk highlights this repayment as a milestone, allowing …
Heliostar Announces New Chief Financial Officer
Heliostar Metals Ltd. has appointed Vitalina Lyssoun as CFO, effective March 3, 2025. With over 16 years in finance, she joins from Gatos Silver Inc. and will oversee financial operations …
Heliostar Announces 2024 Production and Provides 2025 Production and Cost Guidance
Heliostar Metals Ltd. reported a total production of 20,795 Gold Equivalent Ounces (GEOs) in 2024, exceeding its guidance. For 2025, the company anticipates producing 31,000-41,000 GEOs at an all-in sustaining …
Heliostar Delivers Strong Shallow Oxide Gold Hits at the La Colorada Mine, Sonora, Mexico
Heliostar Metals Ltd. reports strong gold drilling results at La Colorada Mine, highlighting high-grade intercepts that suggest potential for underground mining. The ongoing 12,500-meter drill program aims to expand reserves …
Heliostar Files Technical Reports on Mines and Development Project Recently Acquired in Mexico
Heliostar Metals Ltd. has outlined updates on three operations: La Colorada, San Agustin, and San Antonio. Each project shows positive economic indicators like NPV, IRR, and potential gold production, with …
Plans To Restart Mining Operations at La Colorada Mine, Mexico
Heliostar Metals Ltd. plans to restart mining at La Colorada Mine in January 2025, focusing on the Junkyard Stockpile. This will replace current gold production from leaching, driven by recent …
Heliostar Metals Adds to Board of Directors
Heliostar Metals Limited has appointed Ramon Tomas Dávila Flores as a non-executive director. Dávila brings extensive experience from previous leadership roles in the mining industry and will enhance the board's …
Heliostar Drills 71.8 g/t Gold over 16.1 metres in the High Grade Panel at Ana Paula, Mexico
Heliostar Metals Ltd. announced promising drill results from its Ana Paula project in Mexico, highlighting significant gold intercepts that expand the High Grade Panel. The current drilling aims to enhance …
Heliostar Announces First Results from 2024 Drilling Program at La Colorada Mine
Heliostar Metals Ltd. is evaluating the potential to restart gold mining at the La Colorada Mine in Sonora, Mexico in 2025, following a successful 12,500m drilling program aimed at expanding …
Heliostar Announces 2024 Production Guidance for Acquired Mines
Heliostar Metals Ltd. has provided production guidance for July-December 2024, post-acquisition of the San Agustin Mine and the La Colorada Mine in Mexico. Gold sales from these mines are expected …
Heliostar Announces Closing of Acquisition of Producing Mines and Development Projects in Mexico
Heliostar Metals Ltd. has completed the acquisition of all mining assets of Florida Canyon Gold Inc. in Mexico for a cash consideration of US$5,000,000. This includes the San Agustin mine, …
Heliostar Announces Closing of US$10M Debt Facilities to Support Acquisition of Production Assets
Heliostar Metals Ltd. has successfully closed two debt facilities with Ocean Partners USA, Inc. and Deans Knight Capital Management Ltd., securing a total of US$10 million. These funds will be …
Heliostar Hits 16m Grading 16.7 g/t Gold in New Zone with Step-Out Drilling at Ana Paula
Heliostar Metals Ltd. has announced the first results from its 2024 drilling program at the Ana Paula project in Guerrero, Mexico. The results indicate the potential for expanding the High …
Analysis
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Ana Paula Project
Resource-stage underground gold project with a 2023 resource estimate of 710,920 oz gold, with ongoing drilling and a feasibility study planned.
Cerro del Gallo Project
Historical gold-silver project with proven and probable reserves of 91,754 kt at grades of 0.46 g/t gold, 11.7 g/t silver, with plans for future development.
Creston Expansion
Expansion of the La Colorada mine with potential to increase gold production by expanding oxide reserves and underground resources.
La Colorada Mine
Operational gold-silver mine with reserves of 377,000 oz gold and resources of 7.9 Moz gold, located in Durango, Mexico.
San Agustin Mine
Operational open-pit gold and silver mine with reserves of 68,000 oz gold, producing 8,500-11,000 GEOs in 2025.
San Antonio Project
Development project with a PEA showing US$398.7M NPV5, 40.7% IRR, and 1.7 Moz gold resource, with plans for further development.
Executive Team
Filings data not yet available.