Heliostar Achieves Full-Year 2025 Production Guidance and Grows Cash to $41M

Core Viewpoint - Heliostar Metals Ltd. achieved significant production milestones in 2025, producing a total of 34,098 Gold Equivalent Ounces (GEOs), exceeding its production guidance for the year [2][4]. Production Summary - In Q4 2025, the company produced 8,459 GEOs, comprising 8,180 gold ounces and 21,494 silver ounces [1]. - The total production for the calendar year 2025 included 32,990 gold ounces and 80,527 silver ounces [2][7]. - The production guidance for 2025 was set between 31,000 and 41,000 GEOs, which was successfully met [2][4]. Financial Position - As of December 31, 2025, Heliostar reported a preliminary cash balance of US$41 million and no debt, indicating a strong financial position for future growth initiatives [3][7]. - Cash Costs and All-In Sustaining Costs (AISC) are expected to remain within the guidance range [2]. Project Performance - The La Colorada Mine produced 17,793 gold ounces and 57,493 silver ounces, while the San Agustin Mine produced 14,883 gold ounces and 22,469 silver ounces in 2025 [4]. - The consolidated production figures for gold and silver were 32,990 ounces and 80,527 ounces, respectively, with GEOs totaling 34,098 [4]. Future Outlook - The CEO of Heliostar, Charles Funk, expressed optimism about the company's future, highlighting the restart of operations at both mines and the expectation of increased gold production in 2026 [4]. - The company aims to advance the Ana Paula project through a feasibility study and plans to increase production to 500,000 ounces per year by the end of the decade [4].