Heliostar Metals (HSTR) Corporate presentation summary

Strategic vision and growth targets

• Aims to become a mid-tier gold producer with over 500,000 ounces annual output by 2030, focusing on assets overlooked by major miners.

• Pursues growth through a 100% owned portfolio of producing mines and development projects in Mexico, with additional exploration in Alaska.

• Targets production ramp-up via sequential mine development and expansion, leveraging both organic growth and potential M&A.

Asset portfolio and production outlook

• Operates two producing mines (La Colorada, San Agustin) and four growth projects (Ana Paula, Cerro del Gallo, San Antonio, Unga).

• 2026 consolidated production guidance: 50,000–55,000 gold ounces at $1,850–$1,950/oz cash cost and $2,025–$2,125/oz AISC.

• Probable gold reserves total 1.9 Moz; measured and indicated gold resources at 6.3 Moz; inferred gold resources at 1.3 Moz.

Key mine and project highlights

• La Colorada: 2026 guidance of 20,000–22,300 GEOs, $1,650–$1,750/oz cash cost, 6-year mine life, and significant resource expansion potential.

• San Agustin: 2026 guidance of 30,000–32,700 GEOs, $2,000–$2,100/oz cash cost, 1.2-year mine life, and ongoing drilling for life extension.

• Ana Paula: Underground project targeting 101 koz/year, $709/oz cash cost, 9-year mine life, and $1,012M NPV (upside case) with feasibility study due 2027.

• Cerro del Gallo: Open pit heap leach project, 86 koz/year, $1,390/oz AISC, 15-year mine life, $972M NPV (upside case), advancing permitting.

• San Antonio: Open pit heap leach, 80 koz/year, $1,063/oz AISC, 14-year mine life, $896M NPV (upside case), focused on permitting.