Mining Stock Daily Morning Briefing: Heliostar Metals Drill 83.2m of 17.35 g/t Au at Ana Paula
Nov 24, 2025
In a bustling news cycle, exploration updates are front and center. Heliostar Metals reports stunning high-grade gold intercepts, sparking interest in their expanded drill program. Scorpio Gold reveals intriguing results that suggest a new structural trend. Meanwhile, Fireweed Metals shares insights from their Mack Tungsten drilling, and Snowline Gold's lengthy intercepts catch market attention. Copernico aims for drilling approval at Sombrero, while Newton part ways with an Altar project, hinting at bioleaching opportunities.
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New Structural Trend At Manhattan Project
- Scorpio Gold's Mustang Hill holes revealed a previously unidentified structural trend hosting similar-grade mineralization.
- This creates a near-surface target proximal to existing resources that could expand Manhattan's footprint.
Big Expansion Signals Company Confidence
- Heliostar completed 44 holes and had drilled 12,500m when announcing the expansion.
- Increasing to 20,000m signals management's confidence in both continuity and nearby exploration potential.
Program Aimed At Resource Upgrades And Feasibility
- Heliostar aims to upgrade inferred resources and support feasibility studies with the expanded drill campaign.
- The program's focus on infill plus exploration suggests a near-term push toward permitting and mine planning.