Mineral Resource Update Technical Report Filed For Ana Paula Project

Mineral Resource Update Technical Report Filed For Ana Paula Project

VANCOUVER – Heliostar Metals Ltd. has filed its updated mineral resource estimate for the Ana Paula Project located in Guerrero, Mexico.  The technical report titled “Ana Paula Project NI 43-101 Technical Report Mineral Resource Estimate Update”.

The Company is developing the 100% owned Ana Paula Project in Guerrero, Mexico. In addition, Heliostar in conjunction with the Mexican federal and local government, is working to permit the San Antonio Gold Project in Baja Sur, Mexico. Ana Paula hosts measured and indicated resources of 710,920 ounces of gold (320,204 measured and 390,716 indicated ounces) at 6.60 g/t gold and an inferred resource of 447,512 ounces of gold at 4.24 g/t gold. The asset is permitted for open-pit mining and contains significant existing infrastructure including a portal and a 412-metre-long decline.