Surface rock chip and channel sampling at the Goldstrike project in Utah has returned high-grade antimony and gold results over a 900 by 450-metre area at Antimony Ridge, led by an intercept of 2.53% antimony and 0.61 g/t gold over a true width of 1.3 metres.

Heliostar Metals Ltd. has discovered a second mineralised area named Antimony Knoll, 1,700 metres west of Antimony Ridge. Initial channel sampling returned 1.11% antimony over a true width of 0.6 metres.

The new antimony zones sit up to four kilometres east of the existing gold resource area, which holds an indicated mineral resource of 975,000 ounces of gold grading 0.46 g/t alongside an inferred resource of 90,000 ounces of gold grading 0.31 g/t. Heliostar acquired a 100% interest from Liberty Gold Corp. in March 2026 for US$10.0 million in cash plus shares, with staged milestone payments totaling US$60.0 million over five years.

Following these results, Heliostar commenced its first antimony-focused reverse circulation drilling program in July 2026. The company budgeted $2.0 million for the drilling and work program, completing 852 metres across eight holes in an initial 1,500-metre program.

Assay results are expected in the fourth quarter of 2026. In the wider district, Prince Silver Corp. reported drill results at the Prince project, intersecting 15.24 metres grading 2.41 g/t gold and 68.5 g/t silver.

“The acquisition of Goldstrike was completed with the intention of building our longer-term gold production profile. In addition to the project's 975,000 ounce indicated gold resource, Goldstrike holds critical mineral potential that may enhance the economic profile and development timelines for the project.”

— Charles Funk, President and Chief Executive Officer

Assay results for the ongoing drill program across both target areas are anticipated before the end of the fourth quarter.

Read the full announcement: Heliostar Samples High Grade Antimony with Gold and Commences Drilling at Goldstrike Project, Utah