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Bullboard - Stock Discussion Forum 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... see more

TSXV:HSTR - Post Discussion

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Post by deepthinker63 on Jul 28, 2023 5:16pm

Torex

They spend $40 million a year in exploration.  I'm almost certain the goal with Ana Paula us to say, "look, here's a nice, clean, high-grade UG mine right next door with 900K easy to extract ounces.  You can use equipment you already own, and can truck it to your plant.  

Only questions: how many ounces will Heliostar actually find, and will the government grant an UG permit.

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