Heliostar Metals (TSXV:HSTR)

Heliostar Metals: Gold Miner with a Portfolio of Producing, Developing Gold Projects in Mexico


Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF,FRA:RGG1) is an emerging mid-tier gold producer with a clear, execution-focused strategy. The company is on track to go from no gold production in 2023 to 150,000 ounces of annual gold production in just a couple of years. Aiming to unlock high-grade gold production in Mexico’s premier mining regions, Heliostar presents a compelling investment opportunity for investors looking to capitalize on a continued gold bull market.

The company holds two operating mines (San Agustin and La Colorada), two advanced development projects (Ana Paula and Cerro del Gallo), and two additional growth assets (San Antonio and Unga in Alaska). Heliostar is strategically positioned to fund growth through internal cash flow while continuing to expand its resource base.
Heliostar Metals' total gold resourcesPro Forma Total Gold Resources

Heliostar Metals looks forward to scaling its gold production to 150,000 ounces per year in the near term by leveraging producing mines and development assets. San Agustin and La Colorada provide immediate cash flow and serve as the foundation for production growth. At La Colorada, a permitted expansion plan allows for low-cost increases in output, while the advancement of Ana Paula Phase 1 will significantly enhance production capacity.

Company Highlights

  • Heliostar Metals is rapidly advancing from a junior explorer to a mid-tier gold producer, targeting 150,000 oz per year in the near term and 500,000 oz annually by 2030.
  • Heliostar has rapidly expanded its portfolio with key acquisitions, now controlling two producing mines and four advanced-stage growth assets in Mexico. Added 3.5 million measured and indicated gold ounces for just US$15 million, reinforcing a capital-efficient growth model.
  • The company prioritizes capital discipline and low-cost acquisitions to expand its asset base and maintain a lean financial structure. Unlike many juniors who dilute shareholders to grow, Heliostar leveraged gold production cash flows to drive project development.
  • Its flagship project, Ana Paula, is one of Mexico’s highest-grade undeveloped gold projects. The Heliostar team took on the permitted open pit design and revised it to an underground operation. The current mine plan has potential to produce more than 100,000 gold ounces per year.
  • In 2024, Heliostar acquired the La Colorada and San Agustin gold projects. Production at these two mines provide immediate cash flow. That funds Heliostar’s exploration and development without significant dilution.
  • CEO Charles Funk leads a seasoned team of mine builders and exploration experts with a track record of developing world-class deposits.
  • The company also features a favorable shareholder registry: 53 percent institutional investors, 42 percent high-net-worth and retail investors, and 5 percent held by the board and management.

This Heliostar Metals profile is part of a paid investor education campaign.*

Click here to connect with Heliostar (TSXV:HSTR) to receive an Investor Presentation

HSTR:CC
Heliostar Metals

Heliostar Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Heliostar Metals (TSXV:HSTR)

Heliostar Metals


Keep reading...Show less

Gold miner with a portfolio of producing and developing gold projects in Mexico.

Heliostar Drills 56.6 Metres Grading 2.88 g/t Oxide Gold from 68 Metres at the La Colorada Mine, Sonora, Mexico

Heliostar Drills 56.6 Metres Grading 2.88 g/t Oxide Gold from 68 Metres at the La Colorada Mine, Sonora, Mexico

HIGHLIGHTS:

  • 56.6m grading 2.88 g/t gold from 68m
  • 23.2m grading 14.4 g/t gold from surface (including 0.85m grading 381 g/t gold)
  • 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 La Colorada will shift to stockpiles and then high-grade veins beneath and along strike from the open pits

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from an expanded 16,211 metre drilling program at the La Colorada Mine in Sonora, Mexico. La Colorada restarted production in early January 2025, and the current drill program is intended to expand the mineral reserves ahead of an updated technical report and expansion decision planned for mid-2025.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Heliostar Delivers Strong First Quarter 2025 Results

Heliostar Delivers Strong First Quarter 2025 Results

Q1 2025 Operational and Financial Highlights

  • Gold equivalent ounce ("GEO") 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 ("AISC") of US$1,375-1,475 for Q1 2025. The Company is on track to achieve its annual cash cost guidance range of US$1,800-1,900 per GEOs sold and AISC of US$1,950-2,100 per GEOs sold
  • Average sale price of US$2,875 per ounce of gold for Q1 2025
  • Closing of the quarter with US$27M in cash and no debt

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report preliminary interim results for the three months ended March 31, 2025 ("Q1 2025"), which corresponds to the fourth quarter of Heliostar's fiscal reporting year 2024-25.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Additions to Heliostar Metals Management Team

Additions to Heliostar Metals Management Team

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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 an analyst at Stifel. He will lead the Company's investor relationships and contribute to Heliostar's strategy for production growth and reduction in our cost of capital. Connie brings a wealth of experience, having helped shepherd First Majestic from an ambitious junior to stable producer. She will lead the Company's regulatory responsibilities in her role as Corporate Secretary. I would also like to thank Ms. Sheryl Dhillon for her diligent, professional long-term service to the Company as our Corporate Secretary."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico

Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico

HIGHLIGHTS:

  • 8.85m grading 25.0 g/t gold and 768 g/t silver
  • 8.55m grading 5.52 g/t gold and 121 g/t silver
  • 3.5m grading 5.41 g/t gold and 87 g/t silver
  • 5.5m grading 11.1 g/t gold
  • 2.9m grading 10.5 g/t gold
  • 4.6m grading 5.78 g/t gold
  • 5.75m grading 4.72 g/t gold
  • Higher-grade intercepts demonstrate underground potential beyond the current open pit
  • The success of this drill program called for additional step-out drilling. Results for these drill holes are expected in Q2, 2025
  • La Colorada technical report update incorporating these results is expected in mid-2025

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce additional results from a 12,500-metre drilling program at the La Colorada Mine in Sonora, Mexico. La Colorada restarted production in early January 2025, and the current drill program is intended to expand the mineral reserves ahead of an updated technical report and expansion decision planned for mid-2025.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Heliostar to Commence 15,000m Ana Paula Drill Program

Heliostar to Commence 15,000m Ana Paula Drill Program

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce an aggressive drill-out of the Company's 100% owned Ana Paula deposit. The company will mobilize two drill rigs in April to commence the program.

Heliostar CEO Charles Funk comments, "We have always wanted to push harder at Ana Paula, and now we can commence the largest drill program in the Company's history. We see potential to further improve the resource at Ana Paula. The program will infill the current resource, step out to expand its boundaries and explore untested areas on the property. Both we and our shareholders have been keen for this opportunity, and it's time to turn the rigs loose at Ana Paula."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Barrick Completes Sale of 50% Interest in the Donlin Gold Project

All amounts expressed in U.S. dollars

Barrick Mining Corporation (NYSE:B) (TSX:ABX) announced today that it has completed the divestiture of its 50% interest in the Donlin Gold Project in Alaska to affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. (NYSE American, TSX:NG) for $1 billion in cash.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
NevGold Adds More Significant Oxide Gold-Antimony Results: 1.47 g/t AuEq Over 74.7 Meters , Including 3.59 g/t AuEq Over 18.2 Meters , and Also Including 4.61 g/t AuEq Over 6.0 Meters  at the Limousine Butte Project, Nevada 

NevGold Adds More Significant Oxide Gold-Antimony Results: 1.47 g/t AuEq Over 74.7 Meters , Including 3.59 g/t AuEq Over 18.2 Meters , and Also Including 4.61 g/t AuEq Over 6.0 Meters at the Limousine Butte Project, Nevada 

Nevgold Corp. (" NevGold " or the " Company ") (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce that it has discovered further significant oxide gold-antimony ("Antimony", "Sb") drill results at its Limousine Butte Project (the "Project", "Limo Butte") in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world's prolific mining jurisdictions.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Adam Rozencwajg, gold bars.

Adam Rozencwajg: Gold Stock Gains, Silver and Uranium Prices — Plus PGMs Bull Case

Adam Rozencwajg, managing partner at Goehring & Rozencwajg, shares his latest thoughts on the gold, silver and uranium markets, also discussing why he's bullish on platinum.

In his view, it has "all the hallmarks of something we like to get involved with."

Keep reading...Show less
A gavel and two legal books.

Mali Court Adjourns Barrick's Gold Complex Hearing Over Deepening Taxes, Control Dispute

A Malian court has postponed a critical decision on whether to place Barrick Mining’s (TSX:ABX,NYSE:B) flagship Loulo-Gounkoto gold complex under provisional administration

The move intensifies an already fraught standoff between the Canadian miner and Mali’s military-led government.

The delay, confirmed to Reuters on Monday (June 2) by the court’s registry office and a lawyer involved in the case, follows the Malian government’s formal request on May 8 for the Bamako Commercial Court to appoint an interim administrator to take over daily operations of the gold complex.

Keep reading...Show less
Vertex Minerals (ASX:VTX)

Vertex Minerals Gets Efficiency Boost with Sensor-based Ore Sorting Tech

Ore processing at Vertex Minerals’ (ASX:VTX) Hill End gold project in New South Wales is getting a boost in efficiency and sustainability with the integration of Tomra Mining’s laser ore sorting technology, according to a report published by Mining Review Africa.

Integrating Tomra’s sensor-based sorting system allowed Vertex to more precisely separate ore from waste rock, thereby improving feed grade and reducing the volume of materials processed downstream, the report noted.

Keep reading...Show less
Heliostar Metals

Heliostar Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×