Heliostar Metals Ltd V.HSTR

Heliostar Hits 16m Grading 16.7 g/t Gold in New Zone

[Betteryear2]

HIGHLIGHTS:

• Hole AP-24-314
                 - 16.0 metres @ 16.7 grams per tonne (g/t) gold in a newly discovered zone

• Results suggest that new zones of gold can be found surrounding the High Grade Panel

• Hole AP-24-313
                 - 6.05 metres @ 8.24 g/t gold

• These results suggest the High Grade Panel can be expanded by over 115m down plunge

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce the first results from the 2024 drill program at the Ana Paula project in Guerrero, Mexico. The Company is drilling 2,600 metres in Phase One of the program and will follow-up the best results with a second phase of 2,400 metres.

Heliostar Hits 16m Grading 16.7 g/t Gold in New Zone with Step-Out Drilling at Ana Paula

[Baron28]

And only minor increase in sp, or was it already ahead of the music?

[mahoon]

I thought there would be a stronger market reaction too, after all it was a step out hole not an infill hole. I guess the next boost will be the closing of the Argonaut deal and then they will be able to give estimated future projection numbers and then I believe we will see a re-rate of the stock price. 

[kojack1]

I think the closing of the Argonaut deal is in early November?

[mahoon]

Si Senor .