Board Addition – Mr. Clark Gillam joins Heliostar Metals as a Company Director
1090 West Georgia Street, Suite 700, Vancouver BC, V6E 3V7, Canada -- Tel +1 236 429 9306
TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG
Board Addition – Mr. Clark Gillam joins Heliostar Metals
as a Company Director
Vancouver, Canada, December 2 , 2021 – Heliostar Metals Limited (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1)
("Heliostar" or the "Company") is delighted to announce the appointment of Clark Gillam to the company’s
Board of Directors
Clark Gillam is the co-founder of Nebari Partners, an investment management firm that has completed over $100
million in transactions in the natural resources sector since 2017. Previously Mr. Gillam worked in the Trading
Division at Glencore . He holds an M.Sc . in Finance from Trinity College Dublin and a B.Sc . in Economics from
Wharton Business School.
Heliostar Chairman, Jacques Vaillancourt, commented: “Clark is a proud Alaskan with a wide-ranging background
in financing mining and exploration projects around the world. Additionally, Clark is a meaningful shareholder of
Heliostar, which he has achieved through open market transactions and participation in rece nt Heliostar
financings. Mr. Gillam’s addition builds on our teams’ strengths with excellent industry relationships and a strong
understanding of the Alaskan business environment. We are pleased and excited to welcome Clark as we move
forward with Heliostar’s two major gold discoveries in Mexico and Alaska”
Clark Gillam, commented: “Very few explorers have a portfolio as well set up as Heliostar, with a new discovery
in Mexico and Unga beginning to show its full potential here in Alaska. The company has a very bright future and
I’m excited to be joining ahead of a busy 2022.”
About Heliostar Metals Ltd.
Heliostar is a well -financed junior exploration and development company with a portfolio of high -grade gold
projects in Alaska and Mexico.
The company’s flagship asset is the 100% controlled Unga Gold Project on Unga and Popof Islands in Alaska. The
project hosts an intermediate sulfidation epithermal gold deposit, located within the district-scale property that
encompasses 240 km2 across the two islands. Additional targets on the property include porphyry copper-gold
targets, high sulphidation targets and intermediate sulphidation epithermal veins.
On Unga Island, priority targets include: the SH -1 and Aquila, both on the Shumagin Trend, the former Apollo -
Sitka mine, which was Alaska’s first underground gold mine, and the Zachary Bay porphyry gold-copper prospect.
Gold mineralization at the Centennial Zone is located on neighbouring Popof Island within four kilo metres of
infrastructure and services at Sand Point.
In Mexico, the company owns 100% of three early-stage epithermal projects in Sonora that are highly prospective
for gold and silver. Cumaro forms part of the El Picacho district, while the Oso Negro and La Lola projects are
early-stage projects considered prospective for epithermal gold-silver mineralization.
TSX.V: HSTR
OTCQX: HSTXF
1090 West Georgia Street, Suite 700, Vancouver BC, V6E 3V7, Canada -- Tel +1 236 429 9306
TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG
For additional information please contact:
Jacques Vaillancourt Rob Grey
Chairman Investor Relations Manager
Heliostar Metals Limited Heliostar Metals Limited
Phone: +44 780 226 8247 Phone: +1 778 357 1313
Email: [email protected] Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information. This release include s certain statements that may be deemed "forward -looking statements". Forward -
looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intend s", "estimates", "projects", "potential" and similar expressions, or that events or conditions "would", ;
"may", "could" or "should" occur. Forward -looking statements in this press release include, as we push ahead our two major gold
discoveries in Mexico and Alaska. Although Heliostar believes that the expectations expressed in such forward -looking statements are
based on reasonable assumptions, such statements are not a guarantee of future performance and actual results may differ mate rially
from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking
statements include market prices, exploitation and exploration successes, weather, continued availability of capital and fina ncing, and
general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of futur e
performance and actual results or developments may differ materially from those projected in the forward -looking statements. Forward-
looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.
Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the
event that management's beliefs, estimates or opinions, or other factors, should change.