• Heliostar published management discussion and analysis for three months ended March 31, 2026, reporting net income of $ 14.12 million on revenue of $ 54.4 million, versus net loss of $ 33.7 million on revenue of $ 22.74 million a year earlier.
• Gold production rose to 11,743 oz from 8,787 oz; consolidated cash cost increased to $ 1,602 per gold oz sold from $ 1,174; AISC rose to $ 1,996 from $ 1,744.
• La Colorada sold 5,562 oz of gold at cash cost of $ 1,601 per oz; Veta Madre pit expansion work is slated to start in Q3 2026, targeting reserve access in first half of 2027.
• San Agustin sold 4,418 oz of gold at cash cost of $ 1,874 per oz; mining restarted in December 2025, reached steady-state run rate in quarter, with Corner reserve mining expected to run through 2026 into 2027.
• 2026 guidance reiterated at 50,000-55,000 oz of gold, by-product cash costs of $ 1,850-$ 1,950 per oz, consolidated AISC of $ 2,025-$ 2,125 per oz; acquisition of Goldstrike in Utah closed April 27, 2026 with an updated resource cited at 975,000 indicated oz at 0.46 g/t.

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 on May 12, 2026, and is solely responsible for the information contained therein.