Heliostar Metals is a gold mining company with producing mines and development assets in Mexico.
It also has gold exploration assets in Alaska and Mexico. The company recently concluded the acquisition of a portfolio of Mexican gold projects from Florida Canyon Gold Inc. for US$5 million, transitioning the company from a single-asset developer to a multi-asset producer.
Heliostar’s production and development portfolio boasts 580 koz1 Au in mineral reserves, 3.5Moz Au1 in measured and indicated resources, and 1.0 Moz Au2 in inferred resources. Heliostar paid less than US$1.80 oz/Au1 per measured and indicated resource ounce all-in for the acquisition of those resources and reserves.
The Company plans to scale the portfolio and become a premier gold producer.
Its target range is >500,000 ounces by 2030.
1. Tabulated from NI 43-101 reports (La Colorada – 2021, San Agustin – 2024 and Ana Paula – 2023) 8 Heliostar Metals
2. Tabulated from NI 43-101 reports (La Colorada – 2021, San Agustin – 2024, Ana Paula – 2023 and Unga – 2020)
