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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. The San Antonio Project is a gold development project in the State of Baja California Sur. The 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, and surface rights to land totaling 445 hectares. The Unga gold-silver project covers 250 square kilometers of neighboring Unga and Popof Islands, near the Alaska Peninsula and approximately 900 kilometers southwest of Anchorage, Alaska. The La Lola property is a 63.6 square kilometer land package near Equinox Gold’s Mercedes mine.


TSXV:HSTR - Post by User

Comment by geolithon Oct 29, 2023 11:56am
70 Views
Post# 35706302

RE:RE:RE:An agreement change with Argonaut Gold?

RE:RE:RE:An agreement change with Argonaut Gold?Hstr has a very nice high-grade panel that they decided to put some holes into.  The grade may have omproved marginally, but tjry always new it was here.  The holes were drilled in a very oblique manner to maximize the core length and not amywhere near giving true width.  It's akin to drilling a 1" thick book at such a shallow angle as to give you an 8", 10", or 12" of paper between the covers.  Its expected and gived you little ability to estimate tonnage.

They were clear on what they were doing, but likely understood that the average investor didnt undertand what they were doing.  This is why the stock spicked and the slid down.
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