Heliostar targets first gold at Ana Paula project by end-2028, feasibility study due Q2 2027

Bitget2026/09/21 10:31

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Heliostar outlined progress on the Ana Paula gold project, keeping its feasibility study on track for completion in Q2 2027.
Mid-2027 construction decision targeted, with first gold planned before end-2028; feasibility work reported 34% complete.
Plant design shifted to 2,000 tpd, with comminution sized for 2,500 tpd to preserve a staged expansion option.
Updated mineral resource estimate nearing completion; metallurgical test work largely finished with BIOX pilot testing due within weeks.
Financing plan centers on internal cash generation and project debt; cash totaled USD 43 million at June 30, 2026, with no debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heliostar Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609210630NEWSFILECNPR____20260921_315051_1) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Heliostar targets first gold at Ana Paula project by end-2028, feasibility study due Q2 2027

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