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Heliostar Announces PEA for Ana Paula Underground with Strong Economics and Sustainable Cash Generation
Highlights: Base Case shows US$426.0M post tax NPV5, 28.1% IRR, with a 2.9 year payback at a...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Announces PEA for Ana Paula Underground with Strong Economics and Sustainable Cash GenerationHighlights:Base Case shows US$426.0M post tax NPV5, 28.1% IRR, with a 2.9 year payback at a US$2,400/oz gold price Upside Case shows US$1,012M post tax NPV5, 51.3% IRR, with a 1.9 year payback at a US$3,800/oz gold price874,700 oz of gold produced over a nine year mine life averaging 101 koz/yr after initial ramp-up Life-of-mine average AISC of US$1,011/oz putting it in the lowest 13% of the global costs curve for currently producing gold mines with a US$300M CAPEXAverage annual after-tax free cash flow of US$93.8M at US$2,400/oz gold price (US$168.0M at US$3,800/oz gold price) driven by combination of high grade and bulk tonnage mining methodComprehensive plan for path forward and early works program at Ana Paula including accelerating completion of the underground decline, exploration drilling, permit amendment submission and Feasibility Study with plan to bring Ana Paula into production in 2028Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to announce the results of a Preliminary Economic Assessment (\"PEA\") evaluating the potential for an underground mine development at the Ana Paula Project in Guerrero, Mexico and a comprehensive plan to advance the project to production.Heliostar CEO, Charles Funk, commented, \"Today's PEA demonstrates Ana Paula can be a low CAPEX, high margin gold mine. Ana Paula is expected to drive the Company's transition to mid-tier status in 2028 by significantly expanding our production profile at one of the industry's lowest cost bases. As we proceed with the Feasibility Study, the current 15,000m drill program, engineering and metallurgical programs all have the potential to improve the mine's economics and are being advanced with the aim of confirming a mine life of at least 10-years. The Company plans to accelerate key development steps to bring Ana Paula forward including a restart of decline development in 2026. This early access to the deposit will allow us to further de-risk development and provide a location to conduct exploration drilling to test for a potential larger deposit at depth. We are excited at the prospect of bringing Ana Paula into production as a ro...