Poised for a transformative year with the planned restart of mining operations at the La Colorada Mine in Mexico in January 2025, Heliostar Metals (HSTR.v HSTXF) is on track to make a significant step toward its ambition of becoming a mid-tier gold producer, targeting annual production between 100,000 and 250,000 ounces: https://x.com/StckMasterFlash/status/1870261372333818203
The initiative highlights HSTR's strategic shift from residual leaching to active mining and crushing operations, supported by resource modeling, metallurgical testing, and a forthcoming technical report detailing the Junkyard Stockpile and Creston Pit expansion.
With additional opportunities like the historic tailings facility and projections from recent acquisitions contributing to an expected 200,000 ounces in 2024, HSTR's flagship Ana Paula project remains on track to deliver over 100,000 ounces annually by 2028.
Backed by an experienced management team, strong production growth, and valuation upside—underscored by a recent $2.00 price target from Cormark Securities—Heliostar Metals presents a compelling investment case as a rapidly advancing gold producer.
Posted on Behalf of Heliostar Metals Ltd.