Company Updates From Management – Thu 17 Jun, 2021

Heliostar Metals – A dive into the initial drill results from the Unga Project yielding 88.3g/t gold over 3 meters

Yesterday Heliostar Metals (TSX.V:HSTR – OTCQX:HSTXF) announced the first set of drill results from the Apollo Prospect on the Unga Project, in Alaska. From the 4 holes released the headline numbers were 88.3 g/t Gold over 3.05 metres and 19.3 g/t Gold over 4.57 metres.

Charles Funk, President and CEO of Heliostart Metals joins us to discuss these results. We start by outlining the location of the drill holes which have now shown mineralization over 725 metres, and is open in all directions. We also look ahead to the other 23 holes at the Apollo Prospect still at the assay lab as well as the other targets that are being drilled in the ongoing exploration program.

If you have any follow up questions for Charles please email us at Fleck@kereport.com or Shad@kereport.com.

Click here to read over the full news release highlighting the drill results.


Comments:
  1. On June 17, 2021 at 9:29 am,
    cfs says:

    Labrador Gold increases Kingsway drilling to 50,000 m
    2021-06-17 12:19 ET – News Release
    Dr. Roger Moss reports
    LABRADOR GOLD DOUBLES NUMBER OF DRILL RIGS TO FOUR AND INCREASES DRILLING PROGRAM TO 50,000 METRES AT KINGSWAY

  2. On June 17, 2021 at 9:30 am,
    David says:

    Kind of the wrong day to put out good news.

  3. On June 17, 2021 at 10:47 am,
    cfs says:

    Hey, I took a $100K hit today, but I also put in some buy orders.

    If you think today was bad….wait until next month’s delivery date.

    • On June 17, 2021 at 2:19 pm,
      OOTB Jerry says:

      Silver did suck today…..

  4. On June 17, 2021 at 11:14 am,
    RICHARD/DOC says:

    As I said last evening: “there will be continued weakness for the PMs in the month of June”.

  5. On June 17, 2021 at 11:16 am,
    RICHARD/DOC says:

    Added a “tad” to my EQX position on this pullback.

  6. On June 17, 2021 at 11:37 am,
    cfs says:

    The drop in gold and silver today was atypical.
    It was a steady decline over several hours, starting about when Europe opened and then continuously until it closed.
    (In contrast to the usual precipitous drop in 10 minutes due to obvious manipulation in the futures market.)
    Although I assume the action was all mostly paper action.

  7. On June 17, 2021 at 11:37 am,
    bonzo says:

    At least I still have my health and take comfort that I have not had the Bill Gates kill shot.

    • On June 17, 2021 at 2:14 pm,
      OOTB Jerry says:

      ditto bonzo…..

  8. On June 17, 2021 at 11:41 am,
    bonzo says:

    Don’t miss my favorite English doctor at vernoncoleman.org
    He has a wonderful way with the English language and is very wise.

  9. On June 17, 2021 at 12:25 pm,
    David says:

    FEIW: I have only two in the green. Labrador…and Fosterville South, which has been positive all day. Go figure.

    • On June 17, 2021 at 12:45 pm,
      David says:

      FEIW = FWIW

  10. On June 17, 2021 at 12:28 pm,
    Tom says:

    I think this pullback in metals is a gift but going to wait for the bottom process.
    Long NNDM in the meantime

  11. On June 17, 2021 at 12:44 pm,
    David says:

    FEWI = FWIW

  12. On June 17, 2021 at 12:54 pm,
    RICHARD/DOC says:

    Been short the gold market since last week and with this sell off may take those shorts off.

    • On June 17, 2021 at 2:19 pm,
      David says:

      Good timing on shorting.