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Heliostar Metals Ltd V.HSTR

Alternate Symbol(s):  HSTXF

Heliostar Metals Ltd. is a Canada-based mid-tier gold producer. The Company is engaged in the acquisition, exploration, and development of mineral properties in North America. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. The Ana Paula Gold Project is an advanced-stage, gold development project located in Guerrero State, Mexico. Its San Antonio Gold Project is an advanced stage gold development project located in Baja California Sur State, Mexico. Its Cerro Del Gallo Project is a gold-silver development project in the State of Guanajuato. The property comprises 14 titled concessions covering 15,276 hectares (ha), and surface rights to land totaling 445 ha. It owns 100% or has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: the Oso Negro project, the La Lola project, and the Cumaro project. The Company also operates the San Agustin mine, El Castillo mine, and La Colorada mine.


TSXV:HSTR - Post by User

Comment by gemcutteron Jan 25, 2021 3:46pm
129 Views
Post# 32378202

RE:RE:Heliostar Drills 16.1 g/t Gold over 4 Metres within 7.74 g/t

RE:RE:Heliostar Drills 16.1 g/t Gold over 4 Metres within 7.74 g/tNot at this time Jake. A bit early on the information to system wide investors--just released today. Certainly not seeing a sell-volumn that concerns me either at this point. As you can surmise, I have been watching this board for years as I've invested since 2015, but recently decided to participtate. I'm not big on posting back and forth too much--nothing personal Jake. I will add this Jake--what has been my concern when we finally get some reasonable drilling amounts/step-outs are widths. 

I have never believed these islands to have massive widths of 8-24 meters as the norm, but in this epithermal outlay/volcanic chutes, I wanted a better understanding of the type of geology that goes hand in hand with the multi-episodic quartz viens. It looks they have a very good handle on this now which helps as epithermals are known to ziz zag--example is the ryholite in hanging wall and andesite in footwall, and the "strong silicified zones usually found  with zinc & lead sulphides, sphalerite and galena" to quote the company's brief.

I also will add that these depths are very nice to see with these two drills.

My only hope now is that they will expand the potential inferred resources to at least 2 million AU ounces after these and March's drillings at the Alaska islands and the first Mexico drillings this quarter--maintain as debt free and hopefully Sprott will put another influx as he did with the Redstar 3 million USD purchase at then .09 cents/share NYSE, or one or more of the funds involved since before 2015 advance their positions.
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