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Lodestar Begins First Drilling Campaign at Three Saints Copper-Gold Project in Chile

Story Highlights
  • Lodestar Minerals has started drilling at its Three Saints copper-gold project in northern Chile.
  • The program will test a large geophysical anomaly to gauge mineralisation, refine the geological model and assess project scale.
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Lodestar Begins First Drilling Campaign at Three Saints Copper-Gold Project in Chile

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An update from Lodestar Minerals ( (AU:LSR) ) is now available.

Lodestar Minerals has commenced reverse circulation drilling at its Three Saints copper-gold project in northern Chile, marking the first test of a large undercover geophysical anomaly within a highly prospective IOCG and porphyry copper-gold belt near Copiapó. The program aims to evaluate mineralisation and alteration at depth, validate a geological model for the target, and assess the potential scale and economic significance of the system, positioning the project as a potentially important growth asset in Lodestar’s Chilean portfolio and a possible future contributor within one of the world’s premier copper-gold districts.

The most recent analyst rating on (AU:LSR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Lodestar Minerals stock, see the AU:LSR Stock Forecast page.

More about Lodestar Minerals

Lodestar Minerals Limited is an Australian-listed mineral exploration company focused on copper-gold projects, with a growing portfolio in Chile’s world-class mineral belts. Its 100%-owned Three Saints Project in northern Chile targets iron oxide-copper-gold (IOCG) and porphyry-style mineralisation within the prolific Lower Cretaceous Coastal Cordillera, near established operations and major deposits around the mining city of Copiapó.

YTD Price Performance: -8.33%

Average Trading Volume: 10,393,986

Technical Sentiment Signal: Sell

Current Market Cap: A$13.79M

Learn more about LSR stock on TipRanks’ Stock Analysis page.

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