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Cover for Heliostar Metals - Cerro del Gallo PFS, Building Toward 300,000 oz/year

Heliostar Metals - Cerro del Gallo PFS, Building Toward 300,000 oz/year

December 11, 2025
  • Company
KEReport
By KEReport
KEReport

In this company update, I’m joined by Stephen Soock, VP Investor Relations & Development at Heliostar Metals (TSX-V:HSTR - OTCQX:HSTXF - FSE:R0G1), to discuss the newly released Pre-Feasibility Study (PFS) on the Cerro del Gallo Project and how it fits into the company’s broader production pipeline.

 

Key discussion points include:

  • Cerro del Gallo PFS Economics
    Profitable base case at $2,300 gold with strong leverage to higher gold prices and a long-life open-pit, heap-leach operation.

  • Resource & Production Upside
    Only a portion of the total resource is included in reserves, leaving room for expansion through drilling and metallurgical work.

  • Silver Contribution
    Silver accounts for roughly 15–20% of project economics, adding meaningful upside.

  • Operations Update
    Near-term cash flow from La Colorada and the San Agustin restart, with Ana Paula and Cerro del Gallo driving longer-term growth toward ~300,000 oz/year.

Please email me at Fleck@kereport.com 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

 

 

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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.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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