This Miner Aims to Boost Production 10-Fold by 2030 - Weiss Ratings

AI desk brief

Heliostar Metals expects 2026 gold production of 50,000–55,000 ounces from two Mexican mines, versus roughly 33,000 ounces last year, and targets 300,000–500,000 ounces annually by 2030. Its Ana Paula preliminary economic assessment projects 101,000 ounces annually over roughly 10 years at all-in sustaining costs of $1,011/oz. The company expects feasibility completion in Q2 2027 and first gold before end-2028, but development requires financing and permits. Growth would primarily affect Heliostar; a material near-term bullion impact is not established. The author discloses that Heliostar is a recommendation in his Resource Trader portfolio.