Business
Heliostar Appoints Samuel Anderson as VP Projects
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Heliostar Metals Limited (TSXV: HS...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Appoints Samuel Anderson as VP ProjectsVancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Heliostar Metals Limited (TSXV: HSTR) (OTC Pink: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to announce that it has appointed Samuel Anderson as Vice President of Projects.Heliostar CEO, Charles Funk commented, \"Mr Anderson has significant development experience with Newmont Mining. He took multiple projects through the same steps we are undertaking at Ana Paula. Sam will lead the re-scoping of Ana Paula over the next six months. He will lead delivery of the required drilling programs, resource model updates, and engineering and metallurgical studies that we believe will unlock significant value from an underground mine at Ana Paula.\"VP Projects, Samuel Anderson commented, \"Ana Paula is an exciting project because of the multiple pathways that exist to improve the economics of mining the deposit. We see potential for benefits to come from resource growth, mining methodology and metallurgy. I look forward to leading the key studies that will underpin a future mine at Ana Paula. Ultimately, I look forward to seeing Ana Paula as a profitable, producing gold mine.\"Samuel Anderson has 23 years of experience in development, construction, and production environments including a 17-year career with Newmont Corporation. At Newmont he held positions of successively greater responsibility including Ore Control and Geologic Modeling Geologist at the Twin Creeks Mine in Nevada and Mine Geology Superintendent at the Merian Mine in Suriname. As Superintendent of the Merian Mine, Sam built strong interdepartmental relationships to execute a wide variety of projects during the development and studies, construction, and steady state operation phases of the mine. Merian was completed under budget and ahead of schedule with gold reconciliation performing well. During his time the reserves at the mine increased from 1 million ounces to greater than 6 million ounces of gold. Sam holds a Master of Science Degree in Finance from the University of Arizona and a Masters of Science Degree in Geology from the University of Idaho.Exploration UpdateDrilling at Ana Paula is progressing well with five holes completed to date. The first three holes have targeted infill areas where the company believes it has the potential to ...