Heliostar Metals (TSX.V: HSTR)
Announced that the first official gold pour from restarted mining operations at the Company’s 100% owned San Agustin mine occurred in late January 2026.
As announced on December 18, 2025, the Company resumed mining, crushing and stacking of new ore on the leach pad in Q4 2025.
.
The first gold dore bar produced by the San Augustin mine restart – Credits Heliostar Metals
.
| Heliostar Metals | TSX.V: HSTR | |
| Stage | Production / Development | |
| Metals | Gold | |
| Market cap | C$692m @ C$2.70 | |
| Location | Mexico | |
| Website | www.heliostarmetals.com | |
.
Heliostar Announces First Gold Pour from San Agustin Mine Restart
Vancouver, Canada, February 5, 2026 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce that the first official gold pour from restarted mining operations at the Company’s 100% owned San Agustin mine occurred in late January 2026.
As announced on December 18, 2025, the Company resumed mining, crushing and stacking of new ore on the leach pad in Q4 2025.
We completed the restart on time and on budget. The operation continues to ramp up successfully and has exceeded internal targets for ore mining rates and recoverable ounces stacked on the pad to date. The mine is on track to meet production guidance of 30,000-32,700 ounces of gold in 2026.
.
Charles Funk, CEO, comments:
“It is an extraordinary time in the gold market to bring new production online.
“Bringing San Agustin online has increased our year-on-year consolidated production guidance by over 60% whilst maintaining a low ~$2,000 AISC in 2026.
“At our 2026 budget gold price of $3,800 per ounce, cash flow from San Agustin allows us to fund our company-wide exploration programs and capital programs, including a pit expansion at La Colorada and decline development at Ana Paula.
“At current spot prices, we can do all this and build our cash position more rapidly to help fund the Ana Paula CAPEX planned for 2027/28.
“At San Agustin, the next key update will be results from the drill program targeting mine life extension. These results are expected in mid-late Q1, 2026.”
.
.
——-
.
To View Heliostar Metals’ latest share price and chart, please click HERE
..To View Heliostar Metal’s historical news, please click here
.
The live gold price can be found HERE
.
=======
.
City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com
.
=======
,
This website is not sponsored, we are truly independent, and will always remain so.
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
.
Disclosure
At the time of writing the author holds shares in Heliostar Metals.
.