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Resources Report

Heliostar Metals – Accelerating Gold Production with Self-Funded Growth Pipeline

Jul 31, 2026

  • HSTR:TSX-V
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)

Section1: Company Overview and Fundamental Insights:

Heliostar Metals Ltd. (TSXV: HSTR) is a Canada-based gold producer. The Company is engaged in gold and silver mining, exploration and related activities in Mexico and Alaska. The Company holds a portfolio of 100%-owned assets in Mexico, including the producing San Agustin and La Colorada gold mines, the flagship Ana Paula development project, and other development projects: Cerro del Gallo, and San Antonio. Its other projects include Unga Project, Oso Negro, La Lola property, and Cumaro. The La Colorada Mine is located over 45 kilometers (km) southeast of the city of Hermosillo, in the State of Sonora, Mexico. The San Agustin mine sits on a 5,884-ha property in the San Lucas de Ocampo Mining District in Durango, Mexico. It is approximately 100 km from the city of Durango. The Company also owns Goldstrike Project. The Goldstrike Project is located in the Bull Valley Mountains in Washington County, approximately 50 km northwest of St. George in southwestern Utah, United States.

Kalkine’s Resources Report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.


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