Heliostar Metals is a well-financed junior exploration company with a robust institutional shareholder base and several exciting new projects in North America.
In Mexico, the Company owns three early-stage epithermal projects in Sonora State: Cumaro, Oso Negro, and La Lola. The company plans to drill its Cumaro project in late 2021 into 2022 to continue to advance these exciting prospects.
The Cumaro project sits next to Silvercrest’s El Picacho project. Field work supports the theory that the El Picacho vein system extends through Cumaro. Outcropping veins on Heliostar ground host high-grade silver mineralization. Recent channel sampling yielded 5.1 g/t gold and 953 g/t silver over 5.0 meters. The veins occupy a large (530 meter x 200 meter) area that became a top drill target with these results.
In Alaska, Heliostar’s SH-1 asset holds a 384,000 ounce gold resource with a grade of 13.8 g/t gold. SH-1 is part of its district scale, high-grade gold project on Unga Island.
Heliostar is a junior exploration company, with mid-tier quality assets and a highly qualified exploration team. Rarely do you get access to this level of quality at such a low valuation in the junior gold space