Core Viewpoint - Heliostar Metals Ltd. has filed a Prefeasibility Study Technical Report for its Cerro del Gallo Project in Guanajuato, Mexico, indicating progress in its development efforts [1][2]. Company Overview - Heliostar aims to grow into a mid-tier gold producer, focusing on increasing production and developing new resources at its La Colorada and San Agustin mines in Mexico, as well as the 100% owned Ana Paula Project in Guerrero, Mexico [3]. Technical Report Details - The technical report complies with National Instrument 43-101 standards and has an effective date of December 11, 2025. It was authored by Kappes, Cassiday & Associates and is available on SEDAR+ and the company's website [2]. Financial Performance Measures - The company utilizes non-International Financial Reporting Standards (IFRS) measures, such as Cash Costs and All-in Sustaining Costs (AISC), to provide investors with a clearer evaluation of project economics. AISC is calculated based on guidelines from the World Gold Council [8].
Heliostar Files Prefeasibility Study for Cerro del Gallo Project
TMX Newsfile·2026-01-26 11:30