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Production / Operations

Heliostar produces 34,098 GEOs in 2025

By The Northwire Desk — AI Analysis Jan 07, 2026 · 12:41 HSTR · 2.60 Heliostar Metals Ltd.
HSTR · Price

Executive Summary

  • Heliostar Metals Ltd. achieved its full-year 2025 production guidance, reporting 34,098 gold equivalent ounces (GEOs), which falls within the previously guided range of 31,000-41,000 GEOs.
  • The company ended the year with a strong balance sheet, holding $41 million in U.S. cash with no debt, providing capital for 2026 growth initiatives.
  • Operations at the La Colorada and San Agustin mines were successfully restarted in 2025, with San Agustin's restart expected to materially increase year-on-year gold production in 2026.

Key Details

  • 2025 Full-Year Production:
    • Total GEOs: 34,098
    • Gold: 32,990 ounces
    • Silver: 80,527 ounces
  • Q4 2025 Production (Three months ended Dec. 31, 2025):
    • Total GEOs: 8,459
    • Gold: 8,180 ounces
    • Silver: 21,494 ounces
  • Financial Position:
    • Cash balance: $41 million (U.S.) as of Dec. 31, 2025.
    • Debt: None.
  • Guidance & Costs:
    • 2025 Guidance: 31,000-41,000 GEOs (Achieved).
    • Cash costs and All-In Sustaining Costs (AISC) are expected to be within the guidance range.
  • Operational Updates:
    • La Colorada mine restarted in January 2025.
    • San Agustin mine restarted in December 2025.
    • Ana Paula project is advancing through a feasibility study.
    • Decline work at Ana Paula is recommencing.
    • Long-term goal: Become a 500,000-ounce-per-year producer by the end of the decade.
  • Future Reporting:
    • Financial results for the quarter and year ended Dec. 31, 2025, will be reported during March 2026.
    • 2026 production guidance will be provided shortly.

Notable Quotes

  • "This is a wonderful result for our first full year of gold production. Achieving our 2025 guidance was the result of the team successfully executing on the restart of operations at our two mines; La Colorada in January and San Agustin in December. The restart of San Agustin is expected to materially increase Heliostar's year-on-year gold production in 2026, and we look forward to providing guidance for 2026 shortly. In addition to increasing production this year, we will be advancing Ana Paula through a feasibility study and recommencing the decline as we work toward our goal of becoming a 500,000-ounce-per-year producer by the end of the decade." — Charles Funk, CEO
Read the original news release →

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