Company Overview - Heliostar Metals is a gold mining and development company aiming to achieve mid-tier producer status by the end of the decade [4] - The company operates two producing mines in Mexico: La Colorada Mine and San Agustin Mine, which are open pit heap leach operations [4] - Heliostar plans to utilize cash generated from these operations to fund the development of its flagship Ana Paula underground project, targeting a construction start in the second half of 2028 [4] Recent Highlights - The company announced guidance for 2026 of 50,000-55,000 ounces of gold at an All-In Sustaining Cost (AISC) of $2,025-$2,125 per ounce [7] - Fully funded growth plans for 2026 include $27 million in exploration across the portfolio and the stripping of the Veta Madre pit cutback to unlock production growth in 2027 [7] - The San Agustin open pit heap leach mine successfully restarted, pouring its first gold in January [7] - A Preliminary Economic Assessment (PEA) for the Ana Paula project was filed, demonstrating a potential production of 101,000 ounces per year at an AISC of $1,011 per ounce over a nine-year mine life [7] - The company reported a drilling result of 8.25 g/t over 25.45 meters at Ana Paula, indicating significant growth potential at depth [7] Upcoming Events - Stephen Soock, Vice President of Investor Relations & Development, will present at the OTCQX Best Virtual Investor Conference on March 19, 2026, from 12:00 PM to 12:30 PM ET [1] - The event will allow real-time interaction with investors, and an archived webcast will be available for those unable to attend live [2]
Heliostar Metals to Present at the OTCQX Best Virtual Investor Conference March 19th
Globenewswire·2026-03-17 12:35