Heliostar Metals Ltd. is pleased to announce a warrant exercise incentive program designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023 . Pursuant to the Incentive Program, the Company will offer holders of all 46,363,630 Outstanding Warrants the opportunity to exercise each of their [...]
Highlights: Hole AP-23-309 - 147.05 metres @ 4.13 grams per tonne gold including - 16.0 metres @ 11.2 g/t gold in the Parallel Panel Hole AP-23-308 - 14.8 metres @ 5.06 g/t gold in Parallel Panel These results will not be included in the updated mineral resource estimate the Company expects to announce later this month and represents the potential [...]
Highlights: 80.4% average gold recovery from seven composites representative of the High Grade Panel Gold recoveries range from 74.6 - 88.1% for these samples Gravity testwork suggests greater than 31% of the gold may be gravity recoverable Confirms the the Company's interpretation that recoveries from high-grade gold mineralization can utilize [...]
Highlights: Drill results identify a Parallel Panel target located ~50 metres north of the High Grade Panel with mutiple high grade intercepts: 38.0m grading 6.95 grams per tonne gold including 6.0m grading 23.3 g/t gold 4.0m grading 10.7 g/t gold 2.0m grading 13.6 g/t gold Deep Expansion Zone beneath the High Grade Panel with open intercepts [...]
Highlights: Hole AP-23-303 98.0 metres @ 6.46 grams per tonne gold including 3.0 metres @ 16.4 g/t gold Hole AP-23-304 85.5 metres @ 4.73 g/t gold including 9.5 metres @ 25.6 g/t gold These intercepts expand the High Grade Panel to 280m of total length from near surface Respectively, gold grades in holes AP-23-303, AP-23-304 and AP-23-305 are 14 [...]
Highlights: Hole AP-23-300 - 72.0 metres @ 8.0 grams per tonne gold including - 9.5 metres @ 31.8 g/t gold Hole AP-23-302 - 52 metres @ 5.0 g/t gold Hole AP-23-299 - 11 metres @ 15.8 g/t gold The up-plunge target is expected to connect into a single block of continuous high grade gold mineralization. Hole AP-23-300 is 480% better than predicted in [...]
Highlights: The Ana Paula measured and indicated resource contains an average of 5,350 ounces of gold per vertical metre between 725-950 metres of elevation The deposit's favourable orientation, width, and shallow depth make the resource amenable to underground mining configurations Heliostar is currently reviewing undergound mining scenarios at [...]
Heliostar Metals Ltd. is pleased to announce that it has closed its previously announced private placement offering for aggregate gross proceeds of approximately $7,000,000. Pursuant to the Offering: a total of 9,990,200 units of the Company were offered at a price of $0.37 per Unit by Clarus Securities Inc. , as lead agent, on behalf of a [...]
Heliostar Metals Ltd. is pleased to announce today that it has agreed with Clarus Securities Inc. , as lead agent, on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. , to increase the size of its previously announced $5,000,000 "best efforts" private placement offering being made pursuant to the listed issuer [...]
Heliostar Metals Ltd. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. in connection with a "best efforts" private placement of up to 13,513,513 units of the Company at a price of [...]
