Northwire Canada EditionWednesday, August 12, 2026
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SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6% CRE 0.340 −4.2% GNG 0.100 +0.0% XTG 2.72 +3.0% LIFT 2.86 −0.3% ANK 0.335 −1.5% FIN 0.105 +0.0% BTO 7.25 +2.8% SGD 16.72 −2.7% CNC 1.55 −1.3% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6% CRE 0.340 −4.2% GNG 0.100 +0.0% XTG 2.72 +3.0% LIFT 2.86 −0.3% ANK 0.335 −1.5% FIN 0.105 +0.0% BTO 7.25 +2.8% SGD 16.72 −2.7% CNC 1.55 −1.3%
Drill Results

Heliostar Drills 88 m Grading 8.82 g/t Gold in Resource Conversion Drilling and Adds Third Drill Rig at Ana Paula

By The Northwire Desk — AI Analysis Oct 06, 2025 · 06:31 HSTR · 1.82 Heliostar Metals Ltd.
HSTR · Price

Executive Summary

  • Heliostar Metals announced significant high‑grade gold intercepts from its Ana Paula drill program, including an 88.05 m interval grading 8.82 g/t Au and a 35.5 m interval grading 13.03 g/t Au.
  • A third drill rig has been mobilized to accelerate the 15,000‑metre program, bringing total drilling to 24 holes (6,529 m) to date.
  • Results support the ongoing Feasibility Study and are intended to convert inferred resources to higher confidence categories, targeting a 100,000 oz/yr mine in 2028.

Key Details

  • High‑grade intercepts – Hole AP‑25‑329: 88.05 m @ 8.82 g/t Au (from 88.2 m) and 35.5 m @ 13.03 g/t Au (from 88.2 m).
  • Additional notable intercepts – Hole AP‑25‑327: 20.5 m @ 4.61 g/t Au (from 198.8 m) and 21.7 m @ 2.75 g/t Au (from 97.0 m).
  • Geotechnical results – Hole AP‑25‑326: 23.0 m @ 2.86 g/t Au (from 389.0 m); other geotech holes returned grades consistent with expectations.
  • Program progress – 24 holes, 6,529 m drilled; drilling oriented north‑south with angled holes to define east‑west orientation of the High Grade Panel.
  • Third drill rig added – Accelerates schedule and compresses timeline for Feasibility Study data collection.
  • Data collection beyond assays – Rock strength, hydrogeologic samples, and metallurgical studies are being gathered to inform mine design.
  • Assay methodology – 30‑g fire assay with atomic absorption spectroscopy; overlimits analyzed gravimetrically; QA/QC includes certified reference and blank inserts.
  • Qualified Person – Stewart Harris, P.Geo., Exploration Manager, has reviewed and approved the technical information.

Notable Quotes

“The drill results from the ongoing Ana Paula program continue to provide exciting results… We intend to make a construction decision for Ana Paula on the back of a Feasibility Study that will allow us to have the mine in production at 100,000 ounces per year in 2028.” – Charles Funk, President & CEO

The release contains forward‑looking statements regarding resource conversion, feasibility study outcomes, and future production targets.

Read the original news release →

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