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Heliostar Metals Ltd.: Heliostar Announces Closing of $5.6M Brokered Private Placement


Heliostar Metals Ltd.: Heliostar Announces Closing of $5.6M Brokered Private Placement
Heliostar or the
Company ) is pleased to announce that, further to its news releases dated April 8, 2021 and April 14, 2021, it has closed its marketed private placement offering of 5,348,616 units (the
Units ) at a price of $1.05 per Unit for gross proceeds of $5,616,047 (the
Offering ). As previously announced, the Offering was made pursuant to an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP. Haywood Securities Inc. and Agentis Capital (collectively, the
Agents ).
Common Share ) and one half of one common share purchase warrant (each whole warrant a ....

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Heliostar Metals Ltd.: Heliostar Commences Mexican Exploration, Including Drilling at La Lola Project, Sonora, Mexico


Heliostar Metals Ltd.: Heliostar Commences Mexican Exploration, Including Drilling at La Lola Project, Sonora, Mexico
Heliostar or the
Company ) is pleased to announce that the company has commenced exploration on its three gold-silver epithermal projects in northern Sonora State, Mexico; a region that is host to many high-grade gold and silver deposits. The company has begun an initial 1,500-meter drilling program at the La Lola project and surface exploration and drill target generation is underway at the Cumaro and Oso Negro properties.
Program Highlights
At La Lola, the main La Barra vein attains widths up to 40 meters. The company s drill program will attempt to reach deeper, into the heart of the system where the Company s geologists interpret higher grade mineralization would be located. ....

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Heliostar Metals Ltd.: Heliostar's First Hole at Aquila Returns 5.56 g/t Gold over 5.75 Metres Within Wide, Shallow Intercepts at the Unga Project, Alaska


Heliostar Metals Ltd.: Heliostar s First Hole at Aquila Returns 5.56 g/t Gold over 5.75 Metres Within Wide, Shallow Intercepts at the Unga Project, Alaska
Heliostar or the
Company ) is pleased to announce complete results from hole AQ20-01 at the Aquila target in the Unga project, Alaska.
The company reported partial results for this drill hole in its November 23, 2020 press release. These complete results add a second zone of mineralization that significantly expands the mineralized interval at Aquila. Mineralization is open at depth and along strike in both directions.
Drilling Highlights
AQ20-01
2.24 g/t gold over 17.37 m from 46.63 m downhole including; ....

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Heliostar Drills 8.32 g/t Gold over 5.52 Metres and 5.13 g/t over 4.42 Metres to Expand the SH-1 Zone at the Unga Project, Alaska


Vancouver, British Columbia (Newsfile Corp. - February 18, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (
Heliostar or the
Company ) is pleased to announce results from six additional holes completed at the SH-1 Zone in its 2020 exploration program at the Unga project in Alaska.
Heliostar CEO, Charles Funk, commented, SH-1 continues to deliver robust widths and high grades as we step out and expand on the historical drilling, particularly in holes SH20-03 and SH20-04. The company is preparing to recommence drilling at Unga in late March to continue infilling and stepping beneath open intersections at the SH-1 zone. Assays also remain pending from the Apollo-Sitka Mine area and the Aquila zone and are expected in later February and early March. ....

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