Gold miner Heliostar Metals has entered into a binding agreement with Liberty Gold Corp. to acquire a 100% interest in the Goldstrike project in southwestern Utah. The property area totals 5,173 hectares. The transaction value is $72.5 million, which will be paid through a mix of staged cash payments and Heliostar shares. Subject to regulatory and exchange approvals, the deal…
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First gold pour at Heliostar’s San Agustin
Heliostar Metals announced that the first official gold pour from restarted mining operations at its San Agustin mine in Durango, Mexico, occurred in late January. The mine is on track to meet production guidance of 30,000–32,700 ounces of gold in 2026. “It is an extraordinary time in the gold market to bring new production online. Bringing San Agustin online has…
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