Heliostar Advances Underground Mining Scenarios at the Ana Paula Project, Mexico
Highlights: The Ana Paula measured and indicated resource contains an average of 5,350 ounces of gold per vertical metre between 725-950 metres of elevation (immediately below surface) The deposit's favourable orientation, width, and shallow depth make the resource amenable to underground mining configurations Heliostar is currently reviewing undergound mining scenarios at multiple cut-off grades and potential throughput rates Potential underground mining scenerios take advantage of the...
2023-08-03 6:30 AM EDT
Heliostar Intersects 242m Grading 9.06 g/t Gold - The Longest and Highest-Grade Drill Hole in the History of the Ana Paula project in Mexico
Highlights: Hole AP-23-297 241.95 metres @ 9.06 grams per tonne (g/t) 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-23-298104.1 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 exceed the resource model's predicted high grades, and extends high...
2023-07-18 6:30 AM EDT
Heliostar Announces Closing of Upsized $7 Million Offering
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (the "Company" or "Heliostar") is pleased to announce that it has closed its previously announced private placement offering (the "Offering") for aggregate gross proceeds of approximately $7,000,000. Pursuant to the Offering: a total of 9,990,200 units of the Company (the "Units") were offered at a price of $0.37 per Unit (the "Issue Price") by Clarus Securities Inc....
2023-07-11 10:38 AM EDT
Heliostar Provides Update on Technical Disclosure
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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 "Disclosure"). The Company wishes to retract the Disclosure. The Company has not...
2023-06-14 5:07 PM EDT
Heliostar Drills 46.0m Grading 13.4 g/t Gold Within 129.2m Grading 6.0 g/t Gold at Ana Paula, Mexico
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliosta
2023-06-12 6:30 AM EDT
Heliostar Drills 53.2 m Grading 11.0 g/t gold and 44.5 m Grading 11.0 g/t gold at Ana Paula Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report its first drill results from the Ana Paula project in M
2023-05-23 6:30 AM EDT
Heliostar Announces Reinstatement to OTCQX Market Under Symbol HSTXF After Ana Paula Acquisition
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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....
2023-05-22 6:30 AM EDT
Heliostar Appoints Samuel Anderson as VP Projects
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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...
2023-05-18 6:30 AM EDT
Heliostar Commences Drilling of the High Grade Gold Panel at the Ana Paula Deposit, Mexico
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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...
2023-04-19 6:30 AM EDT
Heliostar Files Updated Pre-Feasibility Study to Support Ana Paula Acquisition
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") reports that it has filed a technical report on an update of the 2017 Pre-feasibility Study ("PFS") 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...
2023-04-06 11:51 AM EDT
Heliostar Announces Re-Scoping Plans for the Ana Paula Gold Deposit, Mexico
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") 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 (Net Present Value and Internal Rate of Return) through an increase in the reserves and resources of the project and incorporation of underground mining and simplification of the mill...
2023-04-03 6:30 AM EDT
Heliostar Completes Acquisition of Ana Paula
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that the Company has closed its transaction with Argonaut Gold Inc. ("Argonaut") in which it has acquired, indirectly, the Ana Paula Gold Project (the "Ana Paula Gold Project"). Heliostar now holds a 100% interest in the Ana Paula Gold deposit in Mexico (the "Transaction"). Heliostar CEO, Charles Funk...
2023-03-28 6:30 AM EDT
Heliostar Announces Incentive Plan Rewards
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") announces that, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 8,651,250 stock options ("Options") at an exercise price of $0.30 and 2,218,750 restricted share units (each, an "RSU") to directors, officers, employees and consultants of the Company. The Options are exercisable for a period of...
2023-03-27 6:30 AM EDT
Heliostar Returns to Trading on TSX-V
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that trading in the Company's shares will resume at the open of the market today, March 22nd on the TSX Venture exchange. Heliostar CEO Charles Funk commented, "This is another key milestone for shareholders of the Company as we complete our transformation to become a gold developer. The Company closed a...
2023-03-22 6:30 AM EDT
Heliostar Announces Closing of C$20.4M (US$15.0M) Private Placement and Provides Ana Paula and San Antonio Transaction Updates
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that further to its news releases dated December 5, 2022, January 17, 2023 and March 3, 2023, it has closed its previously announced non-brokered private placement offering (the "Offering"), of which the Company issued 92,727,272 units (each a "Unit") at a price of C$0.22 per Unit for gross aggregate proceeds of...
2023-03-17 6:30 AM EDT
Heliostar Announces Upsize to Previously Announced Private Placement to C$20.4M (US$15M)
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, in connection with the non-brokered private placement announced on January 17th, the Company has increased the size of the previously announced offering to 92,750,000 units (each, a "Unit") of the Company at a price of C$0.22 per Unit for gross aggregate proceeds of up to approximately C$20,400,000...
2023-03-03 4:28 PM EST
Heliostar Announces US$12,500,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 74,000,000 units (the "Units") of the Company at a price of C$0.22 per Unit for gross aggregate proceeds of up to approximately C$16,280,000 (US$12,500,000) (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Common...
2023-01-17 6:30 AM EST
Heliostar to Acquire a 1.4M Ounce, Permitted Gold Deposit and Option Another 1.7M Ounce Gold Deposit in Mexico
Highlights: Heliostar has entered into definitive agreements with Argonaut Gold to acquire the Ana Paula Gold Project and option the San Antonio Gold Project in Mexico. Ana Paula is permitted for an open pit mine with measured and indicated (M&I) mineral resources of 1.46 Moz gold at 2.17 g/t gold and 3.27 Moz silver at 4.8 g/t silver.1 San Antonio is a high grade oxide resource containing M&I mineral resources of 1.73 Moz of gold grading 0.83 g/t gold.2 The purchase price for Ana Paula is...
2022-12-05 2:56 PM EST
Heliostar Announces Closing of $3 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that, further to its news releases dated June 23, 2022 it has closed its non-brokered private placement offering (the "Offering"). 12,020,000 units (each a "Unit") of the Company were issued at a price of $0.25 per Unit (the "Offering Price") for gross proceeds of $3,005,000. About the Private Placement Each...
2022-08-02 6:25 PM EDT
Heliostar Announces $3 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2022) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 12,000,000 units (the "Units") at a price of $0.25 per Unit for gross proceeds of approximately $3,000,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each a "Common Share") and one common share purchase warrant (a...
2022-06-23 6:30 AM EDT