Curated News
By: NewsRamp Editorial Staff
January 06, 2026
Heliostar Metals Advances High-Grade Gold Projects with Strong PEA Results
TLDR
- Heliostar Metals' Ana Paula project offers investors strong leverage to gold prices with a 28% IRR and 2.9-year payback at $2,400/oz, creating significant competitive advantage.
- Heliostar Metals' PEA outlines a 9-year mine producing 101 koz/year at $1,011/oz AISC, with engineering and a 15,000m drill program supporting a 2026 feasibility study.
- Heliostar Metals' responsible gold mining development creates economic opportunities and supports local communities through sustainable operations with positive long-term environmental and social impacts.
- Heliostar Metals' Ana Paula project contains gold averaging 5.37 g/t, with mining operations restarting at San Agustin adding 45,000 ounces to production potential.
Impact - Why it Matters
This news matters because it highlights significant developments in the gold mining sector with direct implications for investors, the mining industry, and global commodity markets. Heliostar's Ana Paula project demonstrates robust economics with a 28% IRR and 2.9-year payback at current gold prices, suggesting strong potential returns in a sector where finding high-grade, economically viable deposits is increasingly challenging. The restart of San Agustin operations adds immediate production, while multiple advanced projects provide growth optionality. For investors, this represents exposure to a company with both near-term cash flow and substantial development upside in a favorable gold price environment. The progress toward a 2026 feasibility study and 2028 production timeline provides clear milestones for tracking execution. In the broader context, successful development of these Mexican assets contributes to global gold supply diversification and supports regional economic development through job creation and infrastructure investment.
Summary
Stonegate Capital Partners has released a mid-quarter update on Heliostar Metals Ltd (TSXV: HSTR), highlighting significant progress across the company's key projects. The flagship Ana Paula project in Guerrero, Mexico, now features a positive Preliminary Economic Assessment (PEA) released in early fourth quarter 2025, outlining a high-grade underground development with impressive metrics. The study projects total recovered production of approximately 875,000 ounces of gold over a nine-year mine life, with mill feed averaging 5.37 grams per ton. The proposed 1,800-ton-per-day underground operation is expected to produce roughly 101,000 ounces annually at cash costs of about US$923 per ounce and all-in sustaining costs (AISC) of approximately US$1,011 per ounce. At a gold price of US$2,400 per ounce, the PEA delivers a post-tax NPV5 of US$426 million, a 28% internal rate of return (IRR), and a 2.9-year payback period, demonstrating strong leverage to higher gold prices.
Management is actively advancing the Ana Paula project through engineering, metallurgical work, and a substantial 15,000-meter drill program aimed at upgrading Inferred resources, extending the High-Grade and Parallel panels, and supporting a Feasibility Study targeted for mid-2026. First underground production remains on track for 2028. Beyond Ana Paula, Heliostar has restarted mining operations at its San Agustin project, adding 45,000 ounces to its production profile. Additionally, a Pre-Feasibility Study (PFS) for the Cerro del Gallo project shows a base case net present value (NPV) of $424.0 million, while an oxide targets drilling program is underway with 37 holes completed and submitted for analysis. To view the full announcement, including downloadable images, bios, and more, interested parties can click here for comprehensive details.
Stonegate Capital Partners, a leading capital markets advisory firm, provides investor relations, equity research, and institutional investor outreach services for public companies through this coverage update. Their affiliate, Stonegate Capital Markets, offers a full spectrum of investment banking services. This update underscores Heliostar's strategic focus on advancing high-potential assets in Mexico's mining sector, with multiple projects showing robust economic potential and operational progress. The company's disciplined approach to resource development and cost management positions it favorably in the current gold market environment, offering investors exposure to growth through both near-term production restarts and longer-term development projects like Ana Paula.
Source Statement
This curated news summary relied on content disributed by Reportable. Read the original source here, Heliostar Metals Advances High-Grade Gold Projects with Strong PEA Results
