Get started
Heliostar Metals LtdHeliostar Metals LtdHeliostar Metals Ltd

Heliostar Metals Ltd

No trades
OverviewFinancialsNewsIdeasMindsTechnicalsForecastsSeasonalsETFs

Market insights

Heliostar - Rising channelIn a long position here, So I may be biased. That said the company acquired the Ana Paula Gold mine in March 2023, looking at the volume data before and after this event, it has generated much needed liquidity. On or around the 28th February 2024, many Gold Miners turned positive and moved into uptrends. If you look at my chart, Heliostar also follows the same path from its bottom at 18c on or around the 18th February. Both in the daily & weekly chart, the rising channel has been respected. Please DYOR. Significant infill drilling to the Ana Paula asset, Recent debt funding announced to progress this to the producing mine stage. Would appreciate any feedback. Cheers
TSXV:HSTRLong
by Korchoi
1
HSTR LONG Heliostar is a junior mining company with a portfolio of high-grade gold projects located in Mexico and Alaska. The company intend to focus on the development of the 100% owned Ana Paula Project located in Guerrero, Mexico. Heliostar is also working with the Mexican government to permit the San Antonio Project in Baja Sur, Mexico. The Company continues efforts to expand the resource at the Unga Gold Project in Alaska, United States of America. The Ana Paula Project deposit contains proven and probable mineral reserves of 1,021,000 ounces of gold at 2.36 grams per tonne ("g/t") gold and 2,254,000 ounces of silver at 5.22 g/t silver.1 Ana Paula hosts measured and indicated resources of 1,461,800 ounces of gold at 2.17 g/t gold and 3,269,000 ounces of silver at 4.8 g/t silver.1 A Preliminary Feasibility Study was completed in 2017 and the asset is permitted for open-pit mining.1 The asset contains significant existing infrastructure including a portal and 412 metre long decline. San Antonio is a high-grade oxide gold deposit containing measured and indicated mineral resources of 1,735,000 ounces of gold at 0.86 g/t gold. A Preliminary Economic Assessment for Argonaut was completed in 2012. Unga is an advanced vein district containing the SH-1 gold deposit within a large, prospective vein field. SH-1 contains inferred minerals resources of 384,00 ounces of gold at 13.8 g/t gold. Insiders have purchased a total of 4,493,284 shares in the last 12 months.
TSXV:HSTRLong
by WolseleyFund