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Heliostar Metals - Stockpile Drilling Results and Production Strategy Update
Manage episode 492170901 series 3374176
In this company update, Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FRA: RGG1), joins me to break down the latest drill results from the Truckshop stockpile at the La Colorada Project, and how these low-capex sources of gold could fund the next stage of development.
Key Topics:- Truckshop Stockpile Drill Results: Comparing drill result average grade to the grades currently being mined from the Junkyard stockpile.
- Development Pathway: Stockpiles are part of a phased approach - starting with low-cost processing, then open-pit expansions, followed by underground potential.
- Upcoming Plans:
- Internal resource and metallurgy studies to fast-track Truckshop material to production possibly by year-end.
- El Dorado Stockpile drilling begins soon - expected to be a major source of 2026 production.
- Ana Paula Project: 15,000-meter drill program underway; results expected later this summer.
- Internal resource and metallurgy studies to fast-track Truckshop material to production possibly by year-end.
- Financial Position: Ended Q1 with $27M cash and no debt, funding aggressive exploration and development without dilution.
Charles also previews an upcoming technical report on pit expansions and hints at longer-term growth through untapped exploration potential at La Colorada.
Send in your questions for Charles Funk to be answered in future interviews. My email address is [email protected].
Click here to visit the Heliostar Metals website to learn more about the Company.
396 episodes
Manage episode 492170901 series 3374176
In this company update, Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FRA: RGG1), joins me to break down the latest drill results from the Truckshop stockpile at the La Colorada Project, and how these low-capex sources of gold could fund the next stage of development.
Key Topics:- Truckshop Stockpile Drill Results: Comparing drill result average grade to the grades currently being mined from the Junkyard stockpile.
- Development Pathway: Stockpiles are part of a phased approach - starting with low-cost processing, then open-pit expansions, followed by underground potential.
- Upcoming Plans:
- Internal resource and metallurgy studies to fast-track Truckshop material to production possibly by year-end.
- El Dorado Stockpile drilling begins soon - expected to be a major source of 2026 production.
- Ana Paula Project: 15,000-meter drill program underway; results expected later this summer.
- Internal resource and metallurgy studies to fast-track Truckshop material to production possibly by year-end.
- Financial Position: Ended Q1 with $27M cash and no debt, funding aggressive exploration and development without dilution.
Charles also previews an upcoming technical report on pit expansions and hints at longer-term growth through untapped exploration potential at La Colorada.
Send in your questions for Charles Funk to be answered in future interviews. My email address is [email protected].
Click here to visit the Heliostar Metals website to learn more about the Company.
396 episodes
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