Heliostar Metals: Significantly Higher Gold Grades in the Updated Resource and PEA Coming Next

Charles Funk, CEO of Heliostar Metals, provides an update on the Ana Paula gold project and the company's progress towards production. The recently published updated resource estimate shows a doubling of the grade of the measured and indicated gold, with the potential for further growth in the high-grade panel. The company plans to conduct a PEA on the updated resource and continue expanding the resource through drilling. There is also potential to extend the decline and take a bulk sample to de-risk the asset. The company has secured funding and is well-positioned in terms of permits and land access. Despite recent mining law changes in Mexico, the project remains unaffected. The permitting process for underground mining is expected to be routine. The CEO looks forward to a busy year.