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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 deepthinker63on Aug 19, 2023 10:44am
81 Views
Post# 35596199

RE:RE:RE:Hybernation, might be the solution.

RE:RE:RE:Hybernation, might be the solution.There's a Brescia cone which extends from surface, which they're trying to better characterize now.  But, systems in the region feature high grade gold hornfels skarn at depth.  That's what Torex has.  Previous operators punched a couple holes and hit good results.  Alio's plan was to drill from the completed decline into the skarn, but ran out of money.  Heliostar doesn't have the money to do it.  If Heliostar's stock price had remained elevated, they could have.  But, warrant clippers and shorts conspired to drastically reduce the potential of the property.  Dumb.
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