Heliostar Metals (TSX.V:HSTR – OTCQX:HSTXF – FRA: RGG1) is accelerating exploration at the Ana Paula Project with the launch of a 15,000-meter drill program focused on converting high-grade inferred ounces into the measured & indicated category. This work is a key step toward a feasibility study and potential mine development.
In this interview, Charles Funk, President and CEO outlines:
- The first drill results, including 30m grading 6.29 g/t gold and new high-grade zones.
- The company’s ambitious 40,000–50,000 meters of drilling through 2025, fully funded from mine cash flow.
- How Heliostar aims to lift Ana Paula’s resource to 1.5 million ounces M&I in the shallow high-grade core.
- Upcoming catalysts: continuous drill results, updated technical reports, feasibility study milestones, and quarterly production updates.
- A healthy cash balance of ~$30M and reinvestment strategy with minimal dilution.
With multiple projects advancing in parallel and consistent news flow expected, Heliostar is positioning itself for significant growth in both resources and production.
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Click here to visit the Heliostar Metals website to learn more about the Company.