Heliostar Celebrates First Gold Pour from San Agustin Mine Restart
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.
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The first gold dore bar produced by the San Augustin mine restart – Credits Heliostar Metals
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| Heliostar Metals | TSX.V: HSTR | |
| Stage | Production / Development | |
| Metals | Gold | |
| Market cap | C$692m @ C$2.70 | |
| Location | Mexico | |
| Website | www.heliostarmetals.com | |
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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.
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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.”
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Disclosure
At the time of writing the author holds shares in Heliostar Metals.
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