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Heliostar Intersects 242m Grading 9.06 g/t Gold - The Longest and Highest-Grade Drill Hole in the History of the Ana Paula project in Mexico
Highlights: Hole AP-23-297 241.95 metres @ 9.06 grams per tonne (g/t) gold including 31...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Intersects 242m Grading 9.06 g/t Gold - The Longest and Highest-Grade Drill Hole in the History of the Ana Paula project in MexicoHighlights:Hole AP-23-297 241.95 metres @ 9.06 grams per tonne (g/t) gold including31.5 metres @ 21.5 g/t gold including 5.00 metres @ 51.0 g/t gold and including35.2 metres @ 23.6 g/t gold including9.90 metres @ 42.4 g/t goldHole AP-23-298104.1 metres @ 6.14 g/t gold including19.5 metres @ 15.11 g/t goldHole AP-23-297 is the longest, highest grade interval drilled in the history of the Ana Paula projectThese holes exceed the resource model's predicted high grades, and extends high grade mineralization up plunge. Vancouver, British Columbia--(Newsfile Corp. - July 18, 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. These two holes continue to assess mineralization up plunge of and within the High Grade Panel at the core of Ana Paula. Heliostar believes that the up plunge area of the High Grade Panel has the potential to increase the current mineral resource. The current drill program continues to demonstrate higher overall grades over broad widths relative to the current mineral resource. The current program will evaluate Ana Paula's ability to host a high-margin, underground gold mine. Heliostar CEO, Charles Funk, commented, \"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. 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.\" Drill ResultsResults from this press release are the first from Heliostar's up-plunge growth target at Ana Paula. Hole AP-23-297 was drilled to achieve four objectives:Test the up-plunge growth ...