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Heliostar Drills 63m Grading 10.4 g/t Gold and 14.6m Grading 33.0 g/t Gold at the Ana Paula Project, Mexico
Highlights: Hole AP-23-306 (Parallel Panel) - 35.9 metres @ 8.17 grams per tonne (g/t) gol...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Drills 63m Grading 10.4 g/t Gold and 14.6m Grading 33.0 g/t Gold at the Ana Paula Project, MexicoHighlights:Hole AP-23-306 (Parallel Panel)- 35.9 metres @ 8.17 grams per tonne (g/t) goldHole AP-23-306 (High Grade Panel)- 83.6 metres @ 8.57 g/t gold including- 63.0 metres @ 10.4 g/t goldHole AP-23-307 (upper zone in High Grade Panel)- 57.0 metres @ 6.03 g/t gold including- 5.0 metres @ 45.4 g/t goldHole AP-23-307 (lower zone in High Grade Panel)- 14.6 metres @ 33.0 g/t goldVancouver, British Columbia--(Newsfile Corp. - September 25, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to report additional drill results from the Ana Paula Project in Mexico (\"Ana Paula\" or the \"Ana Paula Project\"). These two holes complete the drilling results that will be included in the resource update planned for November 2023. The holes form a detailed cross-section through the deposit. The regularly spaced and oriented holes show the remarkable grade consistency in the High Grade Panel within the Ana Paula deposit. Heliostar CEO, Charles Funk, commented, \"Ana Paula continues to outperform our expectations and is growing more quickly than we expected when we acquired the project. The current two holes are 26% and 225% higher than predicted in the resource model and, in total, twelve of the thirteen holes targeting the High Grade Panel delivered intercepts with better grades or widths than the existing resource model. These results are encouraging for the resource update planned for November 2023. The Company's biggest near-term catalysts will come in rapid succession. Imminent metallurgical results, growth target drilling results, and a resource update are all expected in Q4, 2023.\"Drill ResultsResults from this press release are infill holes within the High Grade Panel at Ana Paula. Drillholes AP-23-306, AP-23-307 and AP-23-291 (previously released) form a tightly spaced fence of holes that form a north-south section through the High Grade Panel (Figure 1). This data is a key component of the upcoming resource estimate. The fence spacing will set the confidence in the continuity of grade between drill holes.The drill results show remarkably consistent gold mineralization across the section. The high-grade mineralization remains open beneath hole AP-23-306. The Compa...