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Heliostar Announces Positive Prefeasibility Study for Cerro del Gallo with Significant Expansion Potential
Company Highlights:Base Case shows US$424M post tax NPV5, 33.1% IRR, with a 2.3 year payback at a US$2,300/oz gold price Upside Case shows US$972M post tax...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Company Highlights:","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Base Case shows US$424M post tax NPV5, 33.1% IRR, with a 2.3 year payback at a US$2,300/oz gold price ","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Upside Case shows US$972M post tax NPV5, 59.3% IRR, with a 1.4 year payback at a US$3,900/oz gold price","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"1.31M GEOs produced over a 15.3 year mine life, averaging approximately 85,700 GEOs/yr (94,000 GEOs/yr over Years 1-5) at a co-product AISC of US$1,390/GEO","length":155,"tagName":"p"}]},{"val":[{"type":"text","content":"Initial capital expenditure of US$195.3M for an open pit, heap leach mine and SART plant, including owner's costs, contingency and initial working capital requirements","length":171,"tagName":"p"}]},{"val":[{"type":"text","content":"Average annual free cash flow of US$47.6M at $2,300/oz gold price (US$104.5 at $3,900/oz) driven by 0.73 g/t AuEq life of mine head grade, low strip ratio (0.3:1) and low sustaining capital ","length":189,"tagName":"p"}]},{"val":[{"type":"text","content":"Indicated resource of 240Mt grading 0.63 g/t AuEq for 4.9M GEOs (0.38g/t gold, 13.78g/t silver, 0.10% copper), and an Inferred resource of 24Mt grading 0.52 g/t AuEq for 0.4M GEOs (0.28g/t gold, 13.67g/t silver, 0.09% copper), providing significant upside opportunities if property boundary constraints lifted","length":309,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1028,"olType":false},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce strong economics in an updated Prefeasibility Study ("PFS") for its 100% owned Cerro del Gallo project located in the state of Guanajuato, Mexico.","length":360,"tagName":"p"},{"type":"text","content":"Heliostar CEO, Charles Funk, commented, "The Cerro del Gallo Prefeasibility Study demonstrates a mine that fits perfectly with Heliostar's growth trajectory to larger, lower cost operations. The project has low CAPEX, shows strong free cash flow at a conservative gold price and significant resource upside. With this study the value of Cerro del Gallo to...