Core Insights - Heliostar Metals is participating in the Metals & Mining Virtual Investor Conference on October 9, 2025, where the Vice President of Investor Relations will present the company's growth strategy and potential as 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. The company operates two producing mines in Mexico: La Colorada and San Agustin, which are open pit heap leach operations [5]. - The company plans to utilize cash flow from its current operations to fund the development of its flagship Ana Paula underground project, which is expected to add 100,000 ounces per year to its production profile starting in the second half of 2026 [5]. - Ana Paula is characterized by a unique combination of bulk tonnage and high-grade resources, and the company has a pipeline of advanced development assets and exploration opportunities to drive further growth [5]. Recent Highlights - Initial drill results from a 15,000-meter drill program at Ana Paula include significant findings of 88 meters at 8.82 grams per ton (g/t) gold and 30.2 meters at 6.29 g/t gold [8]. - For the quarter ended June 30, the company reported operating cash flow of $14.3 million from sales of 8,556 gold equivalent ounces (GEOs) at an all-in sustaining cost (AISC) of $1,541 per GEO [8]. - Heliostar has graduated to Tier 1 status on the TSX Venture Exchange and is on track to deliver multiple studies across its portfolio while restarting ore stacking at San Agustin this quarter [8].
Heliostar Metals to Present at the Metals & Mining Virtual Investor Conference October 9, 2025
Globenewswire·2025-10-07 12:35