In this company update, I’m joined by Stephen Soock, VP Investor Relations & Development at Heliostar Metals (TSX-V:HSTR - OTCQX:HSTXF - FSE:R0G1), to discuss the newly released Pre-Feasibility Study (PFS) on the Cerro del Gallo Project and how it fits into the company’s broader production pipeline.
Key discussion points include:
- Cerro del Gallo PFS Economics
Profitable base case at $2,300 gold with strong leverage to higher gold prices and a long-life open-pit, heap-leach operation.
- Resource & Production Upside
Only a portion of the total resource is included in reserves, leaving room for expansion through drilling and metallurgical work.
- Silver Contribution
Silver accounts for roughly 15–20% of project economics, adding meaningful upside.
- Operations Update
Near-term cash flow from La Colorada and the San Agustin restart, with Ana Paula and Cerro del Gallo driving longer-term growth toward ~300,000 oz/year.
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
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