Sempra Metals Ltd v IRC

Heliostar's New Parallel Panel Yields 16m Grading 11.2 g/t Gold within 147m Grading 4.1 g/t Gold at Ana Paula Project

Retrieved on:

Wednesday, November 8, 2023

Sempra Metals Ltd v IRC, High grading, Gold, Ana Paula, Orientation, Growth, Parallel, FSE, Printed circuit board

The Company's improved understanding of the gold mineralization led to the recent recognition of a new Parallel Panel only 50 metres north of the High Grade Panel.

Key Points:

The Company's improved understanding of the gold mineralization led to the recent recognition of a new Parallel Panel only 50 metres north of the High Grade Panel.
In hole AP-23-309, the High Grade and Parallel panels almost connect, returning 147m at 4.13g/t gold which remains open to depth.
Within that, the hole encountered 16.0 metres grading 11.2 g/t gold from 77.0 metres downhole in the Parallel Panel target.
Those include 7.0 metres grading 14.5 g/t gold from 112.4 metres downhole and 8.6 metres grading 8.70 g/t gold from 153.5 metres downhole.

Heliostar Reports 80.4% Gold Recovery from High Grade Panel at the Ana Paula Project, Mexico

Retrieved on:

Tuesday, October 3, 2023

CIL, Knelson concentrator, FSE, Carbon, Ana Paula, Gold, High grading, Sempra Metals Ltd v IRC, Uranium mining, Mining

Heliostar CEO, Charles Funk, commented, "These metallurgical results represent a significant step-change in our understanding of the Ana Paula Project.

Key Points:

Heliostar CEO, Charles Funk, commented, "These metallurgical results represent a significant step-change in our understanding of the Ana Paula Project.
An 80.4% recovery using conventional grind sizes and recovery techniques indicates the High Grade Panel has the potential to be processed through a simple mill flowsheet.
The analysis was completed on composite samples collected from a range of locations, host lithologies, and grade ranges throughout the High Grade Panel.
Seven samples were collected from the High Grade Panel and one from the footwall to the panel.

Heliostar Drills 63m Grading 10.4 g/t Gold and 14.6m Grading 33.0 g/t Gold at the Ana Paula Project, Mexico

Retrieved on:

Monday, September 25, 2023

FSE, Ana Paula, Gold, Growth, Sempra Metals Ltd v IRC, Oil, Lumber, Typesetting, Uranium mining

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report additional drill results from the Ana Paula Project in Mexico ("Ana Paula" or the "Ana Paula Project"). These two holes complete the drilling results that will be included in the resource update planned for November 2023. The holes form a detailed cross-section through the deposit. The regularly spaced and oriented holes show the remarkable grade consistency in the High Grade Panel within the Ana Paula deposit.

Key Points:

The regularly spaced and oriented holes show the remarkable grade consistency in the High Grade Panel within the Ana Paula deposit.
Heliostar CEO, Charles Funk, commented, "Ana Paula continues to outperform our expectations and is growing more quickly than we expected when we acquired the project.
Results from this press release are infill holes within the High Grade Panel at Ana Paula.
It returned a strong intersection of gold mineralization (35.9 metres grading 8.2 g/t gold) further re-enforcing the potential of this target area.

Heliostar Defines Growth Targets Including a Parallel Panel at Ana Paula, Mexico

Retrieved on:

Thursday, September 7, 2023

That starts with the significant recognition of a Parallel Panel just fifty meters north of the High Grade Panel.

Key Points:

That starts with the significant recognition of a Parallel Panel just fifty meters north of the High Grade Panel.
In addition, the West Breccia, Expansion Zone, and San Luis targets are the highest priorities from a pipeline of growth targets at Ana Paula.
The team will prioritize the Parallel Panel and the West Breccia targets for drilling this month."
Figure 1: Plan Map showing, 2023 drilling, historic collars and labelling key growth targets and infrastructure at Ana Paula.

Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t Gold, Expands High Grade Panel at Ana Paula

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Wednesday, September 6, 2023

FSE, PFS, Ana Paula, Sempra Metals Ltd v IRC, Gold, Map, Mining, Economics, Road, Lumber, Typesetting, Growth

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report additional drill results from the Ana Paula project in Mexico ("Ana Paula" or the "Ana Paula Project"). These three holes are the first to assess mineralization down-plunge of the High Grade Panel at the core of Ana Paula.

Key Points:

These three holes are the first to assess mineralization down-plunge of the High Grade Panel at the core of Ana Paula.
The Company's initial focus has been on the potential to improve the economics of mining the High Grade Panel.
The intercept returned significantly higher grades than expected, intersecting 98.0 metres grading 6.46 g/t gold, including 33.0 metres grading 16.4 g/t gold.
Within these intervals are high-grade sub zones including 1 metre grading 22.9 g/t gold, 2.8 metres grading 16.2 g/t gold and 7.38 metres grading 4.77 g/t gold.

Heliostar Drills 31.8 g/t Gold over 9.5 Metres within 8.0 g/t Gold over 72.0 Metres in Up-Plunge Target at the Ana Paula Project

Retrieved on:

Wednesday, August 9, 2023

Sempra Metals Ltd v IRC, PFS, Gold, FSE, Map, Ana Paula, Uranium mining, Lumber, Typesetting, Growth

Heliostar CEO, Charles Funk, commented, "Drilling at Ana Paula continues to exceed our expectations and deliver impressive gold intercepts.

Key Points:

Heliostar CEO, Charles Funk, commented, "Drilling at Ana Paula continues to exceed our expectations and deliver impressive gold intercepts.
The headline hole, AP-23-300, is a 480% increase to the current resource model prediction, at a >5 g/t gold cut-off grade.
This hole extended mineralization towards the surface and returned 38.0 metres grading 6.95 g/t gold, including 11.0 metres grading 15.8 g/t gold.
It returned a strong intercept of 51.8 metres grading 5.01 g/t gold including 4.7 metres grading 11.6 g/t gold.

Heliostar Advances Underground Mining Scenarios at the Ana Paula Project, Mexico

Retrieved on:

Thursday, August 3, 2023

Feasibility study, Mining feasibility study, FSE, SSR Mining Inc., Economics, Orientation, PFS, Ana Paula, Sempra Metals Ltd v IRC, NPV, Gold, Mining, Metallurgy, IRR, Oil, Risk management

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report progress on re-scoping of the current Pre-Feasibility Study ( the "PFS") at the Company's Ana Paula Project in Mexico ("Ana Paula" or the "Ana Paula Project") to evaluate potential underground mining scenarios. The Company is evaluating three underground mining scenarios, with different cut-off grades and mining rates, that are being advanced for more detailed evaluation and comparison. All three demonstrate the potential to deliver high grades early and throughout the mine life.

Key Points:

Potential underground mining scenerios take advantage of the existing 412 metre long, production sized, portal and decline
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report progress on re-scoping of the current Pre-Feasibility Study ( the "PFS") at the Company's Ana Paula Project in Mexico ("Ana Paula" or the "Ana Paula Project") to evaluate potential underground mining scenarios.
The Company is evaluating three underground mining scenarios, with different cut-off grades and mining rates, that are being advanced for more detailed evaluation and comparison.
Heliostar CEO, Charles Funk, commented, "We are quickly advancing the re-scoping of Ana Paula towards an underground mine.
To view an enhanced version of this graphic, please visit:
Multiple potential mining scenarios are in review for Ana Paula.

Heliostar Intersects 242m Grading 9.06 g/t Gold - The Longest and Highest-Grade Drill Hole in the History of the Ana Paula project in Mexico

Retrieved on:

Tuesday, July 18, 2023

FSE, History, Ana Paula, Gold, Map, Sempra Metals Ltd v IRC, Uranium mining, Printed circuit board, Lumber, Typesetting, Growth

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report additional drill results from the Ana Paula project in Mexico. These two holes continue to assess mineralization up plunge of and within the High Grade Panel at the core of Ana Paula.

Key Points:

These two holes continue to assess mineralization up plunge of and within the High Grade Panel at the core of Ana Paula.
Heliostar believes that the up plunge area of the High Grade Panel has the potential to increase the current mineral resource.
The current drill program continues to demonstrate higher overall grades over broad widths relative to the current mineral resource.
Heliostar CEO, Charles Funk, commented, "Hole AP-23-297, 242m grading 9.06 g/t gold, is an incredible gold intercept that exceeded our expectations.

Heliostar Announces Closing of Upsized $7 Million Offering

Retrieved on:

Tuesday, July 11, 2023

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (the "Company" or "Heliostar") is pleased to announce that it has closed its previously announced private placement offering (the "Offering") for aggregate gross proceeds of approximately $7,000,000.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (the "Company" or "Heliostar") is pleased to announce that it has closed its previously announced private placement offering (the "Offering") for aggregate gross proceeds of approximately $7,000,000.
The Company intends to use the net proceeds of the Offering to continue the exploration and development work on its Ana Paula Project in Guerrero, Mexico, as well as general corporate working capital purposes.
The Units issued pursuant to the Brokered Portion are not subject to resale restrictions pursuant to applicable Canadian securities laws.
Closing of the Offering is subject to final approval of the TSX Venture Exchange (the "TSXV").

Heliostar Provides Update on Technical Disclosure

Retrieved on:

Wednesday, June 14, 2023

PE, Technical report, CPG, Disclosure, FSE, Doctor of Philosophy, RG, National instrument, Sempra Metals Ltd v IRC, Technical, Tax advisor

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is issuing this press release to clarify certain of its previous disclosure regarding the Ana Paula Project.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is issuing this press release to clarify certain of its previous disclosure regarding the Ana Paula Project.
The Company previously disclosed statements which could constitute an economic analysis of its intended re-scoping of the Ana Paula Project (the "Disclosure").
The Company has not completed an economic analysis on the re-scoping of the Ana Paula Project and the Disclosure is not supported by a technical report in compliance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
The Company advises readers not to rely on the Disclosure.