Heliostar Metals Ltd V.HSTR

Alternate Symbol(s): HSTXF

Metals & Mining Gold

Heliostar Metals Ltd. is a Canada-based junior mining company. The Company has a portfolio of high-grade gold projects in Mexico and Alaska. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. Ana Paula gold mine is located in the Guerrero Gold Belt of southwestern Mexico, which is located approximately 15 kilometers (km) from Torex Gold’s El-Limon mine. The San Antonio project is located in the southern peninsula of the Baja California Sur state of Mexico, approximately 45 km southeast of the city of La Paz and 160 km north of Cabo San Lucas. The land package is over 46,328 hectares. The Unga gold-silver project covers 250 square kilometers of neighboring Unga and Popof Islands, near the Alaska Peninsula and approximately 900 km southwest of Anchorage, Alaska. It also has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: Oso Negro project, La Lola project and Cumaro project.

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Heliostar Metals Ltd > How much could HSTR get for selling Unga? Ana Paula?

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Comment by Baron28on Jun 05, 2024 4:33pm

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Post# 36073940

RE:RE:RE:How much could HSTR get for selling Unga? Ana Paula?

I think the 20M deal could work out well. They need to invest a lot of money to get this one going. If it works the 20M will prove to be pocket change. If they fail we are all left with our pants down. That is just the nature of the venture exchange. Dilluting is a worse option if you ask me.

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