# Heliostar Metals mining and exploration activities

> Live situation record from CLSTR: https://clstr.news/situations/heliostar-metals-mining-and-exploration-activities
> Updated: 2026-08-27T12:55:03.000Z. Sources: 3. Developments: 2.

Heliostar Metals has reported record second-quarter gold production, with output increasing 26% quarter-over-quarter to 14,803 ounces. The company is utilizing its financial strength to advance its flagship Ana Paula project and has launched a 1,500m reverse circulation drilling program at the Goldstrike Project in Utah to test gold and antimony potential.

Following these results, the company has commenced open pit mining at the Veta Madre pit within its La Colorada mine in Mexico. This transition toward stacking higher-grade ore is intended to secure cash flow through 2027 and 2028 to fund the construction of the Ana Paula Project. Heliostar remains on track to meet its annual gold production guidance of 20,000 to 22,300 ounces.

## Timeline

### 2026-08-27: Heliostar Metals begins open pit mining at La Colorada mine

Heliostar Metals has started open pit mining at the Veta Madre pit in its La Colorada mine to support the future construction of the Ana Paula Project.

2 sources. https://clstr.news/cluster/heliostar-metals-begins-open-pit-mining-at-la-colorada-mine

### 2026-08-20: Heliostar Metals reports record production and begins Utah drilling

Heliostar Metals reported record Q2 gold production and is advancing its Ana Paula project while initiating a drilling program in Utah to test gold and antimony potential at the Goldstrike Project.

2 sources. https://clstr.news/cluster/heliostar-metals-reports-record-production-and-begins-utah-drilling

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Cite as: Heliostar Metals mining and exploration activities. CLSTR, https://clstr.news/situations/heliostar-metals-mining-and-exploration-activities