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.

• Emphasizes organic growth, resource expansion, and disciplined capital allocation to build a multi-billion-dollar business.

Portfolio overview and production guidance

• Operates La Colorada and San Agustin mines, with 2026 consolidated gold production guidance of 50,000–55,000 ounces at AISC of $2,025–$2,125/oz.

• La Colorada mine targets 20,000–22,300 GEOs in 2026, with a six-year mine life and upside NPV5% of $243M at $3,500/oz gold.

• San Agustin mine expects 30,000–32,700 ounces in 2026, with a low strip ratio and ongoing drilling to extend mine life.

• Ana Paula, Cerro del Gallo, and San Antonio are advanced development projects, each with robust economics and multi-year mine lives.

Financial performance and capitalization

• Produced 34,709 GEOs in fiscal 2025, generating $47.4M mine operating earnings and $17.9M net income.

• Ended 2025 with $40.6M cash and no debt, supporting ongoing exploration and project development.

• Market capitalization of C$532M as of March 2026, with 277M shares outstanding and strong institutional ownership.