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Lachlan Star ( (AU:LSA) ) has provided an announcement.
Lachlan Star Limited has reported significant new assay results from its maiden diamond drilling program at the Basin Creek prospect in New South Wales. The results confirm the presence of a large copper sulphide system with high-grade copper intercepts over a substantial strike length. The findings indicate that mineralization improves towards the north and remains open, suggesting further potential for resource expansion. An induced polarization survey has supported these results, identifying strong geophysical responses that align with the copper system, pointing to promising exploration opportunities northward.
More about Lachlan Star
Lachlan Star Limited is a company focused on exploration within the mining industry, particularly in the domain of copper mineralization. The company operates the southern Junee Project located in the Lachlan Fold Belt of New South Wales, focusing on identifying and developing high-grade copper sulphide systems.
Average Trading Volume: 120
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.75M
Learn more about LSA stock on TipRanks’ Stock Analysis page.