en.Wedoany.com Reported - Heliostar Metals Ltd. has reported new progress from drilling at its wholly-owned Ana Paula gold project in Guerrero, Mexico, with both infill drilling and expansion zone exploration encountering high-grade gold mineralization.

The Canadian company announced that its infill drilling program, named "Panel de Alta Ley" (High-Grade Panel), and downward exploration holes in the "Zona de Expansión" (Expansion Zone) have yielded excellent assay results. In the high-grade panel, a significant intercept returned 10.90 grams per tonne (g/t) gold over 99.8 meters from a depth of 50.5 meters; another interval graded 6.95 g/t gold over 37.0 meters. In the North Zone Connection (Enlace de la Zona Norte), drilling intersected 21.6 meters grading 10.38 g/t gold, including a 6.9-meter high-grade sub-interval of 26.18 g/t gold.

In the expansion zone, drilling produced a 49.6-meter interval grading 2.88 g/t gold, including a 9.05-meter interval of 9.49 g/t gold and another 16.95-meter interval of 3.49 g/t gold. Heliostar CEO Charles Funk stated that the expansion zone has yielded positive results in the north, south, and southwest, and continues to grow, remaining open in multiple directions and at depth, suggesting the potential for a more valuable deposit directly beneath the feasibility study (Estudio de Factibilidad) area.

To date, as part of the 2025-2026 planned 35,000-meter drilling program, Heliostar has completed 95 holes totaling 32,678 meters. The company confirmed that the feasibility study is on track for submission in the second quarter of 2027, with a technical update planned for the third quarter of 2026. The company plans to commence commercial production at the mine in the second half of 2028.

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