Heliostar Metals Ltd. is pleased to announce results from its 2021 exploration mapping and sampling program at Oso Negro in northern Sonora, Mexico. Program Highlights at Oso Negro Multiple high grade channel samples define drill targets at the Prospecto Vein Zone including; 1,428 grams per tonne silver equivalent over 1.2 metres 588 g/t AgEq over [...]
Heliostar Metals Ltd. is pleased to announce the start of its 2021 drill program at the Unga project in Alaska. The company mobilized three drill rigs to the project in April and has completed five holes so far, across the SH-1 and Apollo targets. Heliostar CEO, Charles Funk, commented, "This program is the earliest commencement of drilling [...]
Heliostar Metals Ltd. is pleased to announce that, further to its news releases dated April 8, 2021 and April 14, 2021, it has closed its marketed private placement offering of 5,348,616 units at a price of $1.05 per Unit for gross proceeds of $5,616,047 . As previously announced, the Offering was made pursuant to an agreement with Canaccord [...]
Heliostar Metals Ltd. announces that it has changed its auditors from MNP LLP to Davidson & Co. LLP effective April 12, 2021. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective April 12, 2021 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective [...]
Heliostar Metals Ltd. is pleased to announce that it has amended its agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP, Agentis Capital and Haywood Securities Inc. to increase the size of its marketed private placement of Units to a new total of up to 5,348,616 Units for [...]
Heliostar Metals Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP and Haywood Securities Inc. for a marketed private placement of up to 3,809,524 units at a price of $1.05 per Unit for gross proceeds of approximately [...]
Heliostar Metals Ltd. is pleased to announce a successful first pass sampling and mapping work at its Cumaro Project in northern Sonora state, Mexico. Program Highlights at Cumaro Silver values up to 390 grams per tonne over 1 metre identified from channel sampling. Anomalous silver values greater than 1 g/t in eleven samples in an anomalous zone [...]
Heliostar Metals Ltd. is pleased to announce results from the first two holes ever completed at the La Lola project in Sonora, Mexico. Highlights The company is drill testing beneath the main La Barra vein at La Lola which attains widths of up to 40 metres The first three holes intersected the vein and hole LOLA21-02 returned significantly higher [...]
Heliostar Metals Ltd. is pleased to announce that it is beginning the next field program at its Unga project on Unga and Popof Islands, Alaska. Highlights 2020 drilling intersected gold mineralized veins at Apollo-Sitka, Aquila and SH-1 that are each open to expansion Two reverse circulation and one diamond rig to commence drilling after Easter in [...]
Heliostar Metals Ltd. is pleased to announce that the company has commenced exploration on its three gold-silver epithermal projects in northern Sonora State, Mexico; a region that is host to many high-grade gold and silver deposits. The company has begun an initial 1,500-meter drilling program at the La Lola project and surface exploration and [...]
Heliostar Metals Ltd. is pleased to announce results from four of seven holes at the Apollo-Sitka Mine target in the Unga project, Alaska. Results from the remaining holes will be reported when they return from the assay laboratory. The Apollo-Sitka mines produced gold from high-grade material at the turn of the 20th century. Mining ran from 1891 [...]
Heliostar Metals Ltd. is pleased to announce complete results from hole AQ20-01 at the Aquila target in the Unga project, Alaska. The company reported partial results for this drill hole in its November 23, 2020 press release. These complete results add a second zone of mineralization that significantly expands the mineralized interval at Aquila [...]