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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 geolithon Jul 20, 2023 5:35pm
96 Views
Post# 35550535

RE:RE:RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t Gold

RE:RE:RE:RE:RE:Heliostar Intersects 242m Grading 9.06 g/t GoldTry to imagine a piece of plywood, maybe 1/2 inch thick that someone burried underground with a bit sticking out of the ground.  Say that is in an east-west plane, inclined to the south at say 80 degrees.  You are trying to assess how much plywood there is here so you start drilling it, and logically you would put in north south drill holes as you pierce the plywood deeper and deeper, and you move you drill to the east and west and repeat.  This is normal.  Heliostar didn't want to know where the vein (plywood) is, they wanted a big sample and to test to see if the vein (plywood) was a single sheet or multiple sheets that with the hole spacing, appeared to be a single sheet.  So the set up near the outcropping vein (exposed plywood) and drilled to the west so that once they hit the vein (plywood) they could drill for hundresd of meters to get a really long intercept and see if there was any evidence of offsets, or multiple veins (sheets of plywood).

So the vein is there, and the grades are valid.  It's just the length doesn't mean that the vein is that thick.  It means the vein is that long.
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