Heliostar Commences Drilling Vancouver, British Columbia--(Newsfile Corp. - April 19, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report that drilling has commenced at the Ana Paula Deposit in Mexico. This follows the re-scoping plans announced on April 3, 2023.
Heliostar CEO, Charles Funk, commented, "Heliostar continues to move rapidly with our re-scope of the Ana Paula deposit. By focussing on the High Grade Panel at the core of Ana Paula, we believe we can considerably improve the project economics by changing from an open pit mine plan to an underground gold mine plan. The current drill program is expected to increase both the size and grade of the Ana Paula reserve and resource. Further, the information gathered will also be used to guide mine and mill designs. First results are expected by the end of May. These are key first steps in delivering on the 2023 catalysts for Heliostar's shareholders."
Heliostar Commences Drilling of the High Grade Gold Panel at the Ana Paula Deposit, Mexico (newsfilecorp.com)