Heliostar Metals – Restart of San Agustin Mine: Near‑Term Gold Production Growth
In this KE Report company update, we speak with Charles Funk, President and CEO of HelioStar Metals (TSX.V:HSTR – OTCQX:HSTXF – FRA: RGG1), to break down the company’s latest milestone: the restart of mining operations at the San Agustin mine in Mexico, with production expected in Q4 2025.
Key discussion points:
- Receipt of key permits enabling pit expansion and leach pad height increase
- CapEx of only ~$4.2M with an estimated $40–50M in cash flow from San Agustin
- Steps toward stacking ore in Q4 and generating immediate production
- Near‑term exploration plans: oxide drilling for mine‑life extensions and sulfide targets for long‑term upside
- Clear growth trajectory – from 30-40K ounces in 2025 to 150-200K ounces/year by 2028 with minimal dilution
HelioStar’s strategy blends near‑term production with ongoing exploration upside across assets like Ana Paula and La Colorada.
Please email me at Fleck@kereport.com with any follow up questions for Charles.
Click here to visit the Heliostar Metals website to learn more about the Company.
Terry, humans created AI to make their lives easier but when AI becomes advanced as it is now and starts interfering with their decision-making process then they get upset with a computer program trying to influence those processes. They better get used to it because it is becoming more intrusive all the time. The country that succeeds in advancing AI will find its economy in the lead. So, it will be more and more in use and prevalent as the future unfolds. Technology moves exponentially as it doubles upon itself. DT
Seems KER is not happy with Deepseek posts since they keep taking them down, even though there is nothing wrong with them. WRLG was outdated so just have to modify the questions to get better answers.
Try editing them down then… just a suggestion.
Need to speed read but can never match Deepseek speed.
Great news for HSTXF. So glad I bought this @.87 on Monday as it went to 1.02 today.
Rambus says gold could reach 12,199 in March of 2033. How many ounces does Charles Funk think Heliostar will produce in 2033 if his plans work out?
In 3rd walk-back of the day … AI fingers losing shine.