Mining Stock Daily Morning Briefing: New Drill Results from Lavras, Collective and Heliostar
Feb 24, 2026
A fast rundown of fresh drill results from Lavras, Collective and Heliostar with several high-grade intercepts highlighted. A new spodumene discovery from Q2 Metals and plans for expanded infill drilling are discussed. Corporate moves include rig deployments, financing updates, and an LOI for a larger interest in a lithium property. Markets and sponsor notes open and close the briefing.
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Heliostar Targets Resource Upgrade At Annapala
- Heliostar's current drill program aims to upgrade inferred ounces and advance feasibility studies at the Annapala project in Guerrero, Mexico.
- Drilling returned notable intercepts including 25.45m @ 8.26 g/t Au and multiple high-grade panels up to 55.35m @ 9.71 g/t Au.
Collective's Deep Ramp Hit Shows Visible Gold
- Collective Mining's directional hole 150-D1 intercepted 54.5m @ 7 g/t Au and 16 g/t Ag, with higher-grade internal zones and a final 1m sample of 26.7 g/t Au.
- Visible gold appears in remaining 370m of core, potentially making 150-D1 the deepest and northeasternmost ramp intercept.
Lavras Finds High Grades At Caneliera Target
- Lavras Gold reported high-grade intercepts at the Caneliera target near the Petia Fazenda da Posto project, including 21.66 g/t Au over 15m and a 2m interval of 132.93 g/t Au.
- Company will extend step-out drilling to follow structural, geochemical, and topographic vectors.