Heliostar to acquire 1.46 Moz permitted gold deposit in Mexico from Argonaut Gold

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The company said that the purchase price for Ana Paula is US$10.0M cash, adding that subsequent milestone payments are comprised of US$10.0M of cash payments and US$10.0M of cash or share payments. San Antonio is a high grade oxide deposit containing measured and indicated mineral resources of 1.73 Moz of gold grading 0.83 g/t gold.

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