Heliostar Metals (“Heliostar”) has released 2026 production guidance of 50koz-55koz at a cash cost of US$1,850/oz-US$1,950/oz and an All In Sustaining Cost (“AISC”) of US$2,025/oz-US$2,125/oz for the company’s operations in Mexico. Production is above our previous expectation of 39koz, principally driven by La Colorada. Our updated production assumption is 53koz at an AISC of US$2,036/oz (Prev US$2,058/oz). Management has flagged the US$27m exploration programme should be funded through cashflow ....
