
Heliostar Metals - Operations & Exploration Update: 2026 Production Growth, 9 Drill Rigs Turning
The KE Report
Intro
Corey Fleck introduces Charles Funk and frames the company update for Heliostar Metals.
In this company update, we sit down with Charles Funk, President and CEO of Heliostar Metals (TSX-V: HSTR | OTCQX: HSTXF), to discuss the company’s current gold current gold operations and exploration in Mexico. Following a 60% increase in production guidance, Charles details how the team is optimizing operations in Mexico and leveraging innovative techniques to maximize production at high gold prices.
Key Discussion Points:- Production Growth and Guidance: Charles explains how the company has lifted production to 50-55,000 ounces this year from its Sonora and Durango mines, with a clear organic path to reach 300,000 ounces and an ultimate goal of 500,000 ounces by the end of the decade.
- Innovation at La Colorada: A deep dive into the injection leaching process at the La Colorada leach pads, a low-cost method.
- Aggressive Exploration Strategy: With nine drill rigs currently turning, the company is focusing on feasibility drilling at Ana Paula while simultaneously seeking to extend the mine life at San Agustin.
- Strategic Asset Management: The reasoning behind the recent option agreement with Zacatecas Silver for non-core properties.
- Jurisdictional Outlook in Mexico: An honest conversation regarding the current operating environment in Mexico and why Heliostar remains committed to the region despite broader market concerns.
Please email me at Fleck@kereport.com with any follow up questions for the team at Heliostar Metals.
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