The KE Report

Heliostar Metals - San Agustín Restart & La Colorada Permitting Milestone


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In this KE Report company update, we’re joined by Stephen Soock, Vice President of Investor Relations and Development at Heliostar Metals (TSX-V:HSTR - OTCQX:HSTXF - FSE:R0G1), to discuss the restart of production at San Agustin and continued permitting progress at La Colorada as the company advances multiple gold assets in Mexico.

Interview Highlights
  • San Agustín:
    • Restart Success: Formal mining operations resumed in December 2025. Fresh ore is now being stacked on the leach pad.
    • 2026 Production: Technical Study outlines 45k oz over 14 months of production.
    • Profitability: Targeted to generate $40M–$65M in free cash flow at current gold prices over the 14-month mine life.
    • La Colorada:
      • Expansion Permit: The SEMARNAT review period passed without requests, activating the "positiva ficta" process (effectively granting the permit).
      • Q1 2026 Strategy: Open-pit mining at the Veta Madre pit is slated for a Q1 restart, beginning with waste stripping.
      •  

        Please email me at [email protected] with any follow up questions for the team at Heliostar Metals. 

         

        Click here to visit the Heliostar Metals website to learn more about the Company - https://www.heliostarmetals.com/

         

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        Investment disclaimer:

        This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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