Nov. 6 at 9:54 PM
$HSTXF Today, Heliostar Metals released a Preliminary Economic Assessment (PEA) outlining a high-margin, low-capex underground gold mine at its Ana Paula Project in Guerrero, Mexico, which is expected to drive the company's 'transition to mid-tier status in 2028 by significantly expanding their production profile at one of the industry's lowest cost bases': https://www.heliostarmetals.com/news-articles/heliostar-announces-pea-for-ana-paula-underground-with-strong-economics-and-sustainable-cash-generation
Economic Highlights:
• Base Case: US
$426M post-tax NPV5, 28.1% IRR, and 2.9-year payback at US
$2,400/oz gold
• Upside Case: US
$1.01B NPV5, 51.3% IRR, and 1.9-year payback at US
$3,800/oz gold
• Total production: 874,700 oz gold over 9 years, averaging 101 koz/yr after ramp-up
• AISC: US
$1,011/oz — placing Ana Paula in the lowest 13% of global gold mine costs
• CAPEX: US
$300M
• Annual after-tax free cash flow: US
$93.8M (base) and US
$168M (upside)
Posted on Behalf of Heliostar Metals Ltd