Ongoing Drill Program At The La Colorada

VANCOUVER - Heliostar Metals Ltd. reported on the Truckshop stockpile at its operating La Colorada Mine in Sonora, Mexico. This is part of an ongoing drilling program across multiple targets at the mine. La Colorada has been profitably producing precious metals from stockpiles through the first half of 2025.

CEO, Charles Funk, said, "We continue to build the future for the La Colorada Mine with a plan to maximize cashflow from low-to-no capex stockpiles and use that capital to expand the Veta Madre, then the Creston pits. Today's results are another example of these tactical opportunities that the Heliostar team continues to find to optimize our operations. Further metallurgy and design work is required before we move forward, but we expect the Truckshop stockpile to provide additional incremental cash flow at La Colorada."

The Truckshop stockpile was deposited as a waste dump in the 1990s when La Colorada was operated by Eldorado Gold Corporation. It is located only 400 metres from the mine's crushing circuit. Production records suggested that some of this material could be at a grade that is potentially economic in the current gold price environment. This provides a production bridge prior to higher-grade production from the Veta Madre and Creston pits.

Having current production from the Junkyard stockpile, the Company is well placed to assess the economics of the various dumps at La Colorada. With this information, drilling of 35 holes was undertaken into the Truckshop stockpile to ascertain if it has the same potential as the Junkyard.