News about Mexico

Heliostar Metals (TSX: HSTR) reports additional drill results from its 100%-owned Ana Paula project in Guerrero, Mexico, covering infill drilling in the High Grade Panel and down-dip exploration at the Expansion Zone. In the High Grade Panel, an interval of 52.4 m grading 5.84 g/t gold from 46.9 m includes 12.6 m grading 17.8 g/t gold, confirming continuity of mineralization. In the Expansion Zone, AP-26-314A returned 3.4 m grading 10.64 g/t gold, and AP-26-412 returned 6.4 m grading 5.19 g/t gold and 6.7 m grading 3.07 g/t gold, with mineralization still open to the south, west and at depth. The company has completed a 122-hole, 35,121-metre conversion drilling program to support a Feasibility Study targeting an initial 10-year mine life averaging 100,000 ounces of annual production.