Building a 500,000 oz/Year Gold Producer

Heliostar is growing gold production from its operating mines while advancing Ana Paula toward a targeted mid-2027 construction decision and first gold before the end of 2028.

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Heliostar at a Glance

2
Producing Gold Mines
20–22.3koz
2026 La Colorada Gold Guidance
Q2 2027
Ana Paula Feasibility Study Target
Before End-2028
Ana Paula First Gold Target

A Gold Producer Built for Growth


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Heliostar has evolved from a development-stage company into a growing gold producer with a clear pathway toward its next phase of growth.

With production underway at La Colorada and San Agustin, Heliostar is generating operating cash flow while advancing its flagship Ana Paula project toward a targeted mid-2027 construction decision and first gold before the end of 2028.
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Growing Production

50,000–55,000 oz of gold production targeted in 2026, with open-pit mining now underway at La Colorada.

Cash Flow Driven Growth

Operating assets generate cash flow that can be reinvested into future growth initiatives, including the fully funded Ana Paula project.

Multiple Value Drivers

Two producing mines, a flagship high-grade development project and a broader portfolio of development and exploration assets.

Clear Development Path

Ana Paula Feasibility Study targeted for Q2 2027, construction decision targeted for mid-2027 and first gold planned before end-2028.

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Stay informed as Heliostar grows gold production and advances Ana Paula toward its next major development milestones.

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Cash flow today, a high-grade engine for tomorrow.

La Colorada open-pit heap-leach operation, Sonora, Mexico
La Colorada | Producing Asset
Sonora, Mexico

A growing production and cash-flow asset, with open-pit mining now underway at the Veta Madre pit.

  • 2026 production guidance: 20,000–22,300 oz
  • Open-pit mining commenced August 2026
San Agustin open pit, Durango, Mexico
San Agustin | Producing Asset
Durango, Mexico

A low-strip producing asset generating cash flow, with exploration targeting opportunities to extend mine life.

  • 2026 production guidance: ~30,000–32,700 oz
  • Production restarted in 2026
Ana Paula project site looking southeast toward Torex, Guerrero, Mexico
Ana Paula | Flagship Development Asset
Guerrero, Mexico

Heliostar's high-grade growth project, advancing through Feasibility toward a targeted construction decision in mid-2027.

  • Feasibility Study on track for Q2 2027
  • First gold planned before end-2028

Learn More About Heliostar

Explore Heliostar's latest corporate presentation to learn more about the Company's producing assets, flagship development projects, growth strategy, and long-term vision.

Gold Fundamentals Remain Strong

Gold continues to benefit from several powerful long-term trends.

Central Bank Demand

Central banks remain significant net buyers, supporting global gold demand.

Safe-Haven & Investment Demand

Economic uncertainty and portfolio diversification continue to support investor interest.

Constrained Mine Supply

Limited new mine supply is creating challenges for future production growth across the industry.

A supportive gold market provides a strong backdrop as Heliostar grows production and advances its development pipeline.

Gold Macro

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