Heliostar has several early-stage projects in Mexico, and one high-grade gold project in Alaska, where one zone has 384,000 ounces averaging 13.8 g/t gold. This is too small to matter—especially on a remote island—so why should investors care? Can the drill results pending show enough size potential to make it a real contender? And how did this new company get these assets to begin with? I asked this and more in this edition of In The Pit.

Note that, as always, our interviews are neither endorsements nor recommendations of the companies covered.