Heliostar Welcomes New Insider with Final Close of Previously Announced Financing
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has closed the final tranche (the "Final Tranche") of its non-brokered private placement offering (the "Offering"). Timing for closing of the Final Tranche was driven by the need to obtain TSX Venture Exchange ("TSX-V") approval for a new insider position. Pursuant to the Final Tranche, the Company issued...
2024-08-08 2:24 PM EDT
Heliostar to Acquire Gold Portfolio of Producing Mines and Development Projects in Mexico for US$5M
HIGHLIGHTS: Strategic Acquisition of former Argonaut Gold Assets in Mexico - transforms Heliostar into a gold producer with a robust development portfolio Expanded Asset Base - adds two producing mines, the San Agustin Mine and the La Colorada Mine, and two advanced development projects to Heliostar's portfolio Increased Resource Base - Heliostar's measured and indicated resources grow to 3.5 million ounces of gold in addition to the Cerro del Gallo historical resource. Acquisition cost of...
2024-07-17 4:00 AM EDT
Heliostar Announces Initial Closing of $4.5 Million Offering with Lead Order from Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it has closed the initial tranche of its non-brokered private placement offering (the "Offering") previously announced on June 5, 2024. Pursuant to the Offering, the Company issued an aggregate of 16,904,585 common shares (the "Shares") at a price of $0.265 per Share for gross proceeds of approximately...
2024-06-21 4:43 PM EDT
Heliostar Announces $5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 18,867,924 common shares (the "Offered Shares") at a price of $0.265 per Offered Share for gross proceeds of up to approximately $5 million (the "Private Placement"). The Company intends to use the net proceeds of the Private Placement for the commencement of drilling at Ana...
2024-06-12 10:43 AM EDT
Heliostar Announces Letter of Intent for a US$20M Gold Linked Debt Facility to Advance Ana Paula Deposit
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2024) - Heliostar Metal
2024-05-07 9:11 AM EDT
Heliostar Evaluating Test Mining Scenario for Ana Paula in 2024
Highlights: Heliostar undertakes review of financing options to complete the existing decline and test mining of a bulk gold sample in advance of a Feasibility Study Multiple scenarios show the potential to recover >20,000 ounces of gold from stopes averaging 7-10 g/t gold Demonstrates a potential pathway to production from test mining within 12 months The Company is assesing non-equity funding options for this program Heliostar has initiated a Preliminary Economic Assessment ("PEA") planned...
2024-02-08 6:30 AM EST
Heliostar Metals Files Mineral Resource Update Technical Report for the Ana Paula Project
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce it filed its updated mineral resource estimate (the "Updated Mineral Resource Estimate") for the Ana Paula Project (the "Ana Paula Project") located in Guerrero, Mexico. The Updated Mineral Resource Estimate was completed by Rita Teal and Lewis Teal, Qualified Persons with Teal CPG Inc. The technical report...
2024-01-12 6:30 AM EST
Heliostar Announces Minor Update to Closing of Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to update its disclosure regarding the closing of its warrant exercise incentive program (the "Incentive Program"). Capitalized terms used but not defined in this news release have the meanings given to them in the Company's news release dated December 11, 2023. An additional 18,000 Outstanding Warrants were exercised...
2023-12-18 4:26 PM EST
Heliostar Metals Board Addition and Changes
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") The Board of Directors is pleased to announce the following changes and additions to its Board. We believe that these changes will provide strengthened governance while also adding depth and skills, providing clarity of responsibility and purpose for the company's next stage of growth. The board has approved the following Board and...
2023-12-12 6:30 AM EST
Heliostar Announces Successful Closing of $5.2M Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the successful completion of the Company's warrant exercise incentive program, as previously announced on November 14, 2023 (the "Incentive Program"). A total of 17,581,544 common shares in the capital of the Company (each a "Common Share") were issued upon the exercise of 17,581,544 previously outstanding share...
2023-12-11 6:30 AM EST
Heliostar Metals Adds Experienced Mine Builder as COO
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the appointment of Mr. Gregg Bush as Chief Operating Officer for the Company. Mr Bush is a proven mine builder with a strong track record of mine development, project integration and operations. Previously, Mr. Bush was the COO of Capstone Mining Corporation for eight years. There, his responsibilities included...
2023-12-05 6:30 AM EST
Heliostar Metals Announces Updated Mineral Resource Estimate for the Ana Paula Project, Mexico
Highlights of the Mineral Resource Estimate: Total measured and indicated mineral resources of 710,920 gold ounces grading 6.60 g/t gold Total inferred mineral resources of 447,512 gold ounces grading 4.24 g/t gold Mineral resource estimation cutoff grade of 2.5g/t gold. Increased from previous estimate A connected zone of greater than 200,000 gold ounces grading greater than 10 g/t gold within the measured resource in the High Grade Panel that can be targeted in the initial years of mining...
2023-11-27 6:30 AM EST
Heliostar Announces $4.6M in Commitments Under Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to provide an update on its warrant exercise incentive program previously announced on November 14, 2023 (the "Warrant Incentive Program"). The Warrant Incentive Program was designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023 (the "Outstanding Warrants"). To...
2023-11-21 6:30 AM EST
Heliostar Announces Warrant Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a warrant exercise incentive program (the "Incentive Program") designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023 (the "Outstanding Warrants"). Pursuant to the Incentive Program, the Company will offer holders of all 46,363,630 Outstanding...
2023-11-14 6:30 AM EST
Heliostar's New Parallel Panel Yields 16m Grading 11.2 g/t Gold within 147m Grading 4.1 g/t Gold at Ana Paula Project
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RG
2023-11-08 6:30 AM EST
Heliostar Reports 80.4% Gold Recovery from High Grade Panel at the Ana Paula Project, Mexico
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE:
2023-10-03 6:30 AM EDT
Heliostar Drills 63m Grading 10.4 g/t Gold and 14.6m Grading 33.0 g/t Gold at the Ana Paula Project, Mexico
Highlights: Hole AP-23-306 (Parallel Panel) - 35.9 metres @ 8.17 grams per tonne (g/t) gold Hole AP-23-306 (High Grade Panel) - 83.6 metres @ 8.57 g/t gold including - 63.0 metres @ 10.4 g/t gold Hole AP-23-307 (upper zone in High Grade Panel) - 57.0 metres @ 6.03 g/t gold including
2023-09-25 6:30 AM EDT
Heliostar Defines Growth Targets Including a Parallel Panel at Ana Paula, Mexico
Highlights: Drill results identify a Parallel Panel target located ~50 metres north of the High Grade Panel with mutiple high grade intercepts: 38.0m grading 6.95 grams per tonne ('g/t') gold including 6.0m grading 23.3 g/t gold 4.0m grading 10.7 g/t gold 2.0m grading 13.6 g/t gold Deep Expansion Zone beneath the High Grade Panel with open intercepts: 13.5m grading 29.1 g/t gold 40.0m grading 6.30 g/t gold New West Breccia target with gold mineralization and a pathfinder element signature as...
2023-09-07 6:30 AM EDT
Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t Gold, Expands High Grade Panel at Ana Paula
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "
2023-09-06 6:30 AM EDT
Heliostar Drills 31.8 g/t Gold over 9.5 Metres within 8.0 g/t Gold over 72.0 Metres in Up-Plunge Target at the Ana Paula Project
Highlights: Hole AP-23-300 - 72.0 metres @ 8.0 grams per tonne (g/t) gold including - 9.5 metres @ 31.8 g/t gold Hole AP-23-302 - 52 metres @ 5.0 g/t gold Hole AP-23-299 - 11 metres @ 15.8 g/t gold The up-plunge target is expected to connect into a single block of continuous high grade gold mineralization. Hole AP-23-300 is 480% better than predicted in the current resource model at a >5g/t cutoff grade Vancouver
2023-08-09 6:30 AM EDT