Heliostar Metals Ltd. is pleased to announce a successful sampling and mapping program at its 100% owned Cumaro Project in northern Sonora State, Mexico. Program Highlights Multiple high grade gold and silver samples from three closely spaced veins along the Verde Vein Corridor Veins define a large target area of 530 metres by 200 metres Veins trend from SilverCrest Metals' El Picacho property onto Heliostars Cumaro claim [...]
Heliostar Metals Ltd. is pleased to announce results from the six additional Reverse Circulation holes completed at the Aquila vein target, part of the large scale Unga district in Alaska. These results position Aquila as a third centre of mineralization at the Unga project. The target is connected by road to the SH-1 Resource and the former Apollo Mine, providing convenient access for further lower cost exploration and [...]
Heliostar Metals Ltd. is pleased to announce results from two Reverse Circulation holes completed at the Zachary Bay Target in 2021. Our primary focus at Unga is high grade gold targets. However, the project also hosts both porphyry gold-copper and bulk tonnage gold targets. These two first-pass RC holes targeted porphyry style mineralization at Zachary Bay and both holes intersected gold and copper mineralization over [...]
Heliostar Metals Ltd. is pleased to announce results from the first seven Reverse Circulation holes completed at the Aquila target in 2021, part of the large-scale, multi target Unga project, Alaska. The 2021 drilling focused on the Amethyst Vein with these results expanding the footprint of Aquila both along strike and at depth from last year's discovery hole . Assays for six additional holes from Aquila remain pending [...]
Heliostar Metals Ltd. announces that it has granted to an officer, employee and new consultants of the Company stock options exercisable to acquire up to a total of 220,000 common shares under the Company's Stock Option Plan in accordance with the terms of the Company's stock option plan. The Options are exercisable for a period of five years at a price of $1.00 per share and will vest 1/3 immediately; 1/3 after 12 months [...]
Heliostar Metals Ltd. is pleased to announce results from nineteen additional drill holes completed at the Apollo target at the Unga project in 2021. The Company has three drill rigs active on the project and has completed 52 holes for a total of 5,724 metres to date. Drilling Highlights at Apollo SKRC21-10 9.81 grams per tonne gold over 1.52 metres from 89.9 metres downhole APSRC21-06 7.00 g/t gold over 1.52 m from 68.6 [...]
Heliostar Metals Ltd. is pleased to announce results from the first four drill holes completed at Unga in 2021. The company has three drill rigs on the project and has completed 36 holes for a total of 4,245 metres to date. Drilling Highlights at Apollo APSRC21-02 88.3 grams per tonne gold over 3.05 metres from 21.35 metres downhole SKRC21-03 7.98 g/t gold over 4.57 metres from 13.72 m downhole and, 1.91 g/t gold over [...]
Heliostar Metals Ltd. is pleased to announce results from its 2021 exploration mapping and sampling program at Oso Negro in northern Sonora, Mexico. Program Highlights at Oso Negro Multiple high grade channel samples define drill targets at the Prospecto Vein Zone including; 1,428 grams per tonne silver equivalent over 1.2 metres 588 g/t AgEq over 1.8 metres 362 g/t AgEq over 2.4 metres 360 metres of strike with an [...]
Heliostar Metals Ltd. is pleased to announce the start of its 2021 drill program at the Unga project in Alaska. The company mobilized three drill rigs to the project in April and has completed five holes so far, across the SH-1 and Apollo targets. Heliostar CEO, Charles Funk, commented, "This program is the earliest commencement of drilling undertaken at the project in its history. With three drill rigs operating, the [...]
Heliostar Metals Ltd. is pleased to announce that, further to its news releases dated April 8, 2021 and April 14, 2021, it has closed its marketed private placement offering of 5,348,616 units at a price of $1.05 per Unit for gross proceeds of $5,616,047 . As previously announced, the Offering was made pursuant to an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott [...]
Heliostar Metals Ltd. announces that it has changed its auditors from MNP LLP to Davidson & Co. LLP effective April 12, 2021. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective April 12, 2021 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective April 12, 2021, until the next Annual General Meeting of the Company. There [...]
Heliostar Metals Ltd. is pleased to announce that it has amended its agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP, Agentis Capital and Haywood Securities Inc. to increase the size of its marketed private placement of Units to a new total of up to 5,348,616 Units for total gross proceeds of up to C$5,616,047 . As previously announced in the [...]
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