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Heliostar Metals – Initial Results From Infill Drill Holes At Ana Paula, Intersecting 53.2m Grading 11.0 g/t Gold and 44.5m Grading 11.0 g/t Gold

Cory
May 24, 2023

Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR – OTCQX:HSTXF) joins us to recap yesterday’s news reporting the first two drill holes from the Company’s drilling at the Ana Paula Project in Mexico. These were both infill holes, as seen in Figure 1 posted below, with grades of 11g/t gold over 53.2 meters and 11g/t gold over 44.5 meters. 

 

We have Charles explain the strategy of this program, focused at the high-grade gold panel. He shares how these results compare to the known resource and could grow the high grade component all with the goal of near-term production. We also look ahead to where drilling is ongoing and the results to come.

 

Please email us with any follow up questions for Charles. Our email addresses are Fleck@kereport.com and Shad@kereport.com.

 

 

 

Click here to visit the Heliostar Metals website and read over the full news release.

 

Figure 1:  A section through the resource model from 2023 PFS1 highlighting the High Grade Panel (clipped to greater than 5g/t resource blocks).  Heliostar results labelled in black and historic intercepts labelled in grey.  Completed and ongoing holes are shown in blue and Growth and Infill targets areas labelled.
Discussion
1 Comment
    May 24, 2023 24:26 PM

    Added a few of Heliostar today. Getting harder to swap stocks as nothing wrong with those I have. Obviously they are using the Debt Ceiling to instill fear in the markets. It is not affecting my view of the markets because if they continue to pursue a Default, it will pretty well destroy any democracy that is left among the trash heap of corruption.
    The real fear is the collapse of the US taking the wealth of its citizens with it. Of course, Central Banking and its corporate associates will survive. It appears the Debt Ceiling is Jan 6th, phase 2. Obviously supporters of Default that do not have a protected interest in the outcome, have failed to do their homework. I am not sure if there is a defense that doesn’t assume survival of the US. Have we underestimated the extent of those that seek life in an autocratic dictatorship as opposed to Democracy. Looks like that question may need to be addressed soon.