Core Insights - Heliostar Metals is participating in the Metals & Mining Virtual Investor Conference on July 24, 2025, where the Vice President of Investor Relations will present the company's strategy for becoming a mid-tier gold producer [1][2] Company Overview - Heliostar Metals is a gold mining and development company aiming to achieve mid-tier producer status by the end of the decade, currently operating two producing mines in Mexico: La Colorada and San Agustin [5] - The company plans to utilize cash flow from these operations to develop its flagship Ana Paula underground project, which is expected to add 100,000 ounces of gold per year starting in the second half of 2026 [5] - Heliostar has a strong balance sheet with $27 million in cash as of March 31, 2025, and has reported first-quarter production of 9,082 gold equivalent ounces at an all-in sustaining cost of $1,375-$1,475 per gold equivalent ounce [8] Recent Developments - The company has successfully extended mineralization at the Creston pit, reporting 56.6 meters of 2.88 grams per tonne (g/t) gold [8] - High-grade drill results have been obtained from the historic Truckshop stockpile at the La Colorada mine, including 10.7 meters of 1.81 g/t gold from surface [8]
Heliostar Metals to Present at the Metals & Mining Virtual Investor Conference July 24
GlobeNewswire News Room·2025-07-21 12:35