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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

Post by MarketMakersson Dec 05, 2024 5:01pm
65 Views
Post# 36348087

HSTR Appoints Prev CEO of First Majestic Silver to Board

HSTR Appoints Prev CEO of First Majestic Silver to Board

Today, Heliostar Metals (HSTR.v HSTXF) announced an addition to its board of directors, appointing Ramon Tomas Dvila Flores as a non-executive director.

 

Dvila brings extensive experience with leadership roles including CEO of First Majestic Silver, President of Pan American Silver and, most recentl, President of Guanajuato Silver. He previously served as Durango’s Minister of Economic Development, showing his range and depth of experience.

 

Highlighting this addition as crucial for supporting the company’s transformation into a gold producer in Mexico, HSTR's Chairman, Jacques Vaillancourt commented:

"The past 24-months have been deeply transformational for the Company. Heliostar has rapidly evolved from being exploration company, to a development company, to now being a gold producer in Mexico. This growth requires additional governance, expertise, experience, skills, judgement, discipline and a depth of understanding of Mexico and the Mexican mining industry. We believe that the addition of Ramon Dvila will be a cornerstone to Heliostar's board of Directors and its governance."

 

High-Grade Gold Results at Ana Paula

This news follows HSTR's reporting of exceptional high-grade gold results from its 2024 drill program at the Ana Paula Project in Guerrero, Mexico earlier this week which successfully expanding the high-grade panel, increasing resource confidence and improving grades compared to previous models: https://x.com/StckMasterFlash/status/1863657655731884162

 

Highlights include an impressive 87.8 meters at 16.0 g/t gold, with 16.1 meters grading 71.8 g/t gold, and 125.9 meters at 4.02 g/t gold, including 23.6 meters at 12.5 g/t gold. With a 36% increase in grade for indicated resources last year and the potential for further resource upgrades, Ana Paula continues to deliver exceptional surprises in gold mineralization.

 

Full News Release: https://www.heliostarmetals.com/news-articles/heliostar-metals-adds-to-board-of-directors

 

Posted on Behalf of Heliostar Metals Ltd.

 

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