Mining Review 26th April 2026

News from our watchlist companies this week was dominated by Australia, with Barton Gold, Kaiser Reef, and Ora Banda all reporting good drilling results.

Heliostar Metals also reported high-grade drill results at their Ana Paula Mexican gold project.

.

.

City Investors Circle Mining Review 26th April 2026

.

There was plenty of positive news releases made by companies on out watchlists this week, dominated by Australia, with Barton Gold, Kaiser Reef, and Ora Banda all reporting good drilling results.

Heliostar Metals also reported high-grade drill results at their Ana Paula Mexican gold project.

Meeka Metals announced a gold acquisition at Mt Holland, and Lahontan Gold reported positive cyanide recoveries for gold and silver.

All in all a good week for news, although market and gold price volatility meant this positivity wasn’t relected in the share prices of the companies concerned.

Patience isn’t just a virtue, it’s a necessity in this mining investment game.

+++++++

 Meeka Metals Announced a Mt Holland South Gold Acquisition

 Lahontan Reported Cyanide Recoveries Of 81% For Gold and 60% For Silver

  Heliostar Metals Drilled 69 Metres Grading 10.1 g/t Gold

  Kaiser Reef Drilling Results and Exploration Update

  Ora Banda Drilled Exceptional High-Grade Gold at Golden Pole

  Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

  Barton Gold Challenger DFS Pit Optimisation Drilling Complete

  Ora Banda Reported Record Production and Cashflow in Q1

Mining Review 19th April 2026

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Ana Paula drill map – Credits Heliostar Metals Ltd.

.

Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold in the High Grade Panel at Ana Paula

.

HIGHLIGHTS:

.

Heliostar Metals (TSX.V: HSTR)

Announced that, further to the March 23, 2026 press release, technical details of the Company’s planned acquisition of a 100% interest in the Goldstrike project located in Utah, USA from Liberty Gold Corp. 

Goldstrike contains an indicated mineral resource of 975,000 ounces of gold.

.

Golstrike Mine vista – Courtesy of Liberty Gold Corp.

.

.

Heliostar Introduces Goldstrike Project and Updated Mineral Resource

Vancouver, Canada, March 24, 2026 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce, further to our March 23, 2026, press release, technical details of the Company’s planned acquisition of a 100% interest in the Goldstrike project located in Utah, USA (the “Goldstrike Project” or “Goldstrike”) from Liberty Gold Corp. (“Liberty”).  

Highlights

• Goldstrike contains an indicated mineral resource of 975,000 ounces of gold grading 0.46g/t
• Initial purchase price of US$10M in cash plus US$2.5M in Heliostar shares on closing, plus additional milestone payments totalling US$60M in cash over a maximum of five years
• Historic past producer with infrastructure including road access, proximity to a population center and a powerline within eight kilometres of the property
• Outcropping, undrilled, high-grade antimony samples and historic antimony production provide critical mineral potential

Heliostar CEO, Charles Funk, commented, 

“Goldstrike represents an excellent opportunity to acquire a ~1-million-ounce gold deposit on attractive terms and provides diversification for Heliostar into another premier mining jurisdiction in North America.  

.

“The deposit is a Carlin-style gold system, with a significant mineralized footprint that has potential to expand, with 96% of drill testing less than 200 m deep. 

.

“Goldstrike has a large amount of high-quality work already completed, including metallurgy, geologic modelling, permitting progress and the identification of water sources, which can support an accelerated development timeline.

.

“It also has attractive antimony results that provide critical mineral upside that Heliostar plans to test.

.

“Upon completion of this transaction, Heliostar intends to review corporate opportunities for its portfolio of American properties.”

.

Project Details

The Goldstrike Project is located in the Bull Valley Mountains in Washington County, approximately 50 kilometres northwest of St. George in southwestern Utah, USA.

The property is made up of a central block of patented claims that are surrounded by a contiguous block of unpatented claims and land leased from the Utah School and Institutional Trust Lands Administration.

The property area totals 5,173 ha and is accessible year-round via paved and all-weather roads.

.

To read the full news release please click HERE

.

+++++++

.

 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

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.

.

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 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 read the full news release please click HERE

.

——-

.

 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

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.

.

Heliostar Metals (TSX.V: HSTR)

Announces that, further to its news release dated December 11, 2025, it has filed a Prefeasibility Study Technical Report for its Cerro del Gallo Project located in Guanajuato, Mexico.

.

.

.

Heliostar Files Prefeasibility Study for Cerro del Gallo Project

Vancouver, Canada, January 26, 2026 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) announces that, further to its news release dated December 11, 2025, it has filed a Prefeasibility Study Technical Report for its Cerro del Gallo Project located in Guanajuato, Mexico.

The technical report was prepared in accordance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects.  It has an effective date of December 11, 2025, with Kappes, Cassiday & Associates as the lead author and consultant. The technical report titled “NI43-101 Technical Report Pre-Feasibility Study of Cerro del Gallo Project, Guanajuato, Mexico” has been filed on the SEDAR+ website at www.sedarplus.ca and posted on the Company’s website at www.heliostarmetals.com.

.

To read the full news release please click HERE

.

——-

.

 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

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.

.

Heliostar Metals (TSX.V: HSTR)

Provided production and cost guidance for 2026 as well as details of growth plans across the portfolio.

The Company plans to produce 50,000-55,000 ounces of gold at by-product cash costs of $1,850-$1,950/oz gold and a consolidated All-In Sustaining Cost (AISC) of $2,025-$2,125/oz gold.

.

.

.

Heliostar Provides 2026 Guidance and Growth Plan

HIGHLIGHTS:

• Production guidance of 50,000-55,000 oz gold
• Cash Costs of $1,850-$1,950/oz gold and All In Sustaining Costs of $2,025-$2,125/oz gold
• Pre-stripping of Veta Madre open pit expansion at La Colorada
• Ana Paula Feasibility Study advancement and development of the main access decline
• $27M exploration program funded from operating cash flow

To read the full news release please click HERE

.

——-

.

 To View Horizon Mineral’s 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

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.

.

Companies to Watch in 2026 – Heliostar Metals

Heliostar has two producing mines and four growth assets, all in tier one jurisdictions,  Mexico and Alaska.

The company has an ambitious plan to be producing 500,000 Oz of gold per annum by 2030.

.

Heliostar Ana Paula drill map – Courtesy of Heliostar Metals

.

.

Companies to Watch in 2026 – Heliostar Metals

.

Heliostar Metals (TSX.V: HSTR) has two producing mines and four growth assets, all in tier one jurisdictions, Mexico and Alaska.

The company has an ambitious plan to be producing 500,000 Oz of gold per annum by 2030.

Heliostar Metals TSX.V: HSTR)

Announced additional results from the current drill program at its 100% owned Ana Paula project in Guerrero, Mexico.

The program aims to convert inferred ounces to higher confidence classifications. It will also support the ongoing Feasibility Study around the Ana Paula deposit.

.

Heliostar Ana Paula drill map – Credits Heliostar Metals

.

Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76.0m and Expands Program to 20,000m

.

Market Review October 2025

The highlighted company is Heliostar Metals (TSX.V: HSTR).

After a volatile month for the price of gold, our Tier 1 watchlist companies rose an average of 3% with seven risers and one even out of ten companies. Galiano Gold was the highest riser, and we feature the significant news from companies on our watchlists.

.

Abore Gold Mine – Credits Galiano Gold

.

City Investors Circle Market Review October 2025

City Investors Circle has published the Market Review for October 2025

The highlighted company is Heliostar Metals (TSX.V: HSTR).

After a volatile month for the price of gold, our Tier 1 watchlist companies rose an average of 3% with seven risers and one even out of ten companies. Galiano Gold was the highest riser, and we feature the significant news from companies on our watchlists.

Both Orla Mining and G Mining Ventures reported strong production and revenue during their Q3 reporting period.

Additions to the watchlist Tier 2 are Erdene Resource Development, Silver Storm Mining, and Western Gold Resources.

Aris Mining was moved into the Tier 1 watchlist after performing well and growing production in Colombia.

i-80 Gold was deleted from the watchlists after not performing as I had hoped. Minera Alamos is under review for deletion for the same reason.

——-

Almost all metal prices increased during October, despite the volatility. Gold and silver rose 6%, 8% in UK pounds sterling terms, after the pound fell v the US dollar. This is a good reason for having investments quoted in other currencies, given the current lack of faith in the Labour government.

Copper reached an all-time high price of $5.15, and tungsten remains the metal that has increased in price the most in 2025 so far, up 95% year to date.

——-

We feature top slicing or trimming from companies that have performed well but growth has slowed as they mature and investing in newer exciting companies that look to enter an exciting growth phase.

——-

To read the October 2025 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

.

——-

Archive of October’s news releases is listed below, click the link to be taken to the full story.

  Meeka Metals Reports Strong Grades in First Underground Ore

  Catalyst Metals Intersected 7.4 GPT of Gold at Cinnamon

  Barton Gold Tunkilia Drilling Ahead Of Schedule

  Kaiser Reef Announces High-Grade Gold at Union Hill

  Barton Gold Starts Geotechnical Drilling at Central Gawler Mill

  Mining Review 26th October 2025

  Wesdome Announces Q3 2025 Results and Record Quarterly Production

  Kaiser Reef Increase Henty Reserves by 29%

  G Mining Ventures Approves Oko West Construction

  Ora Banda Mining Reports Record Revenue and Production

  Horizon Minerals Boosted by Spectacular Gold Grades

  Catalyst Advances Four Eagles With Exploration Tunnel Approval

  Mining Review 19th October 2025

  Capricorn Increases Warriedar Acquisition Consideration

  Meeka Reports Thick, High-Grade Gold in First Drill at Turnberry North

  Orla Mining Reports Strong Q3 Gold Production from Musselwhite

  G  Mining Ventures Reports Record Q3 2025 Production

  Kaiser Reef Production Update Quarter ending September 2025

  Minerals 260 Reports Thick, Shallow high-grade Gold Intercepts

  Mining Review 12th October 2025

  Pacgold Raises Funds to Acquire The White Dam Gold Mine

  Barton Gold Trading Halt

  G Mining Ventures Secures Financing to Construct Oko West

  Capricorn Metals Confirm 4 m Ounces of Gold Reserves

  Orla Mining Discovers Potential 2 KM Extension at Musselwhite 

  Pacgold Announce Transformational Acquisition

  Erdene Resource Development Zuun MRE Update

  Mining Review 5th October 2025

  Cornish Metals Updates The PEA Of The South Crofty Tin Mine

  Pacgold Halted Pending Announcement of a Project Acquisition

  G Mining Ventures Receives Approval of SUDAM Tax Incentive

  New Murchison Gold Announce a Strong Start at Crown Prince

  Market Review September 2025 Published

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 may hold shares in some or all of the companies mentioned

.