Heliostar - Inside the Ana Paula Feasibility Study: Mill Scalability, Cost Optimization, and Permitting Milestones

In this Company Update, we are joined by Charles Funk, President and CEO of Heliostar Metals (TSX-V: HSTR, OTCQX: HSTXF, FRA: RGG1), to discuss the ongoing progress on the Ana Paula Project Feasibility Study in Mexico. Charles outlines how the team is transitioning the preliminary economic assessment into a formal construction blueprint targeting 100,000 ounces of gold per year.

Key Discussion Points:

• Feasibility Study Progress and Baseline Economics: How Heliostar is advancing from its PEA and what upcoming quarterly updates will communicate about development milestones.
• Resource Conversion and High-Grade Expansion: An update on the 25,000 meters of conversion drilling supporting reserve definition, alongside high-grade extension drilling indicating mine-life upside beyond the initial study.
• Throughput Optimization and Scalability: Why the company is evaluating an initial daily mill rate expansion to 2,000 tonnes per day and building built-in optionality to scale up to 2,500 tonnes per day mid-mine life.
• Engineering Trade-Offs and Cost Reductions: Strategic underground layout modifications..
• Permitting Advantages and Underground Redesign: How modifying the historical open-pit permit to an underground operation and sets the stage for a mid-2027 construction decision.
• Project Financing and Corporate Growth Pipeline: The funding strategy to build Ana Paula using operational cash flow and project debt while concurrently advancing other assets.

 

Please email me at Fleck@kereport.com with any follow up questions for the team at Heliostar Metals. 

 

Click here to visit the Heliostar Metals website to learn more about the Company - https://www.heliostarmetals.com/

 

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