Heliostar restarts open-pit mining at La Colorada’s Veta Madre pit

Reuters2026/08/27 10:34

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Heliostar restarted open-pit mining at the Veta Madre pit at its 100%-owned La Colorada gold mine in Mexico.
Move supports a plan to secure cash flow through 2027-2028 to fund construction at the Ana Paula project.
La Colorada reserves total 376,000 ounces of gold at 0.68 g/t across 17.1 million tonnes; mine plan shows six-year life.
Veta Madre hosts 48,000 ounces at 0.71 g/t in 2.1 million tonnes; a larger pit targets 20,000 additional ounces.
2026 guidance maintained at 20,000-22,300 ounces of gold; production to shift to stacking higher-grade ore starting next year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heliostar Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608270630NEWSFILECNPR____20260827_311766_1) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Heliostar restarts open-pit mining at La Colorada’s Veta Madre pit

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