Heliostar Metals Ltd. (TSX.V: HSTR) reported today 242m grading 9.06 g/t gold at its Ana Paula project in Mexico.
Heliostar CEO, Charles Funk, said the drill results show continuity.
“Hole AP-23-297, 242m grading 9.06 g/t gold, is an incredible gold intercept that exceeded our expectations. It shows potential to add ounces at higher grade in the up-plunge growth target. And it illustrates the excellent continuity of high grade along the length of the High Grade Panel. Holes AP-23-297 and AP-23-298 are both respectively 33% and 38% increases relative to the current resource model prediction, at a >5 g/t gold cut-off grade," said Funk.
"Heliostar is well placed with a recently strengthened cash balance, continued flow of infill and growth drilling results and impactful metallurgical and geotechnical studies pending. The Company continues to tick off the catalysts to deliver the updated resource and re-scope of Ana Paula in 2023.”
Even though the Heliostar hole is somewhat promotional, it is an intercept you do not see every day #legendaryholes pic.twitter.com/6LACxy36uz
— GoldDiscovery.com (@GoldDiscovery1) July 18, 2023
