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Lodestar Minerals ( (AU:LSR) ) just unveiled an update.
Lodestar Minerals has secured a reverse circulation drilling rig and signed a contract with Westdrill for a 10,000-metre program at its Ned’s Creek Gold Project in Western Australia, scheduled to start in late March 2026 subject to access and weather. The campaign is designed to underpin a maiden Mineral Resource Estimate in 2026, following a previously defined exploration target of 250,000–300,000 ounces of gold across the Gidgee Flat, Contessa and Central Park prospects.
The drilling will focus on resource definition, infill and extensional holes to improve confidence in known mineralisation, expand the footprint of gold zones and test priority targets identified in earlier work. Data from the program will support geological modelling, resource estimation and metallurgical testwork, and the Ned’s Creek campaign will run in parallel with Lodestar’s copper drilling in Chile, signalling a step-change in the company’s project advancement and potential resource base.
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 exploration company focused on gold and copper projects, with its flagship 100%-owned Ned’s Creek Gold Project in Western Australia. The company is also advancing copper-focused drilling campaigns in Chile at its Three Saints and Los Loros projects, positioning itself as a multi-jurisdictional explorer in key precious and base metal markets.
Average Trading Volume: 10,751,212
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$13.8M
For an in-depth examination of LSR stock, go to TipRanks’ Overview page.