Newsfile Corp
20 Aug 2026, 10:30 UTC · 2h ago
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Heliostar discovered the Antimony Knoll zone and confirmed high-grade antimony/gold results at Antimony Ridge, extending the exploration footprint four kilometers east of the existing gold resource. — Expanding the potential size of the mineral system and diversifying the asset with critical minerals typically drives positive valuation for junior explorers.
+0.60The company has commenced its first-ever antimony-focused drilling program at Goldstrike, with results expected in Q4 2026. — Moving from surface sampling to drilling is a key de-risking milestone that provides the catalyst for the next significant price movement.
+0.40Surface samples at Antimony Ridge returned antimony grades up to 2.53% and gold up to 0.61 g/t over a 900 by 450 metre area. — Strong initial grades validate the target area, though surface samples are less certain than drill cores.
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Technical data review of the existing 975,000 ounce indicated gold resource is currently ongoing to determine the future work program. — This is standard operational maintenance and lacks an immediate catalyst for price movement unless the review reveals a significant discrepancy.
+0.10Which stocks this story touches
The company reported strong surface sampling results for antimony and gold and the discovery of a new high-potential zone at its Goldstrike property.
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TheNewswire
1d ago
