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An announcement from Lodestar Minerals ( (AU:LSR) ) is now available.
Lodestar Minerals Limited has announced its maiden Exploration Target for the Neds Creek Gold Project in Western Australia, marking a significant step towards potential resource definition. The target, based on geological and drilling data, reinforces the project’s mineral potential, with follow-up drilling plans set for early 2026 and efforts underway to establish JORC-compliant Mineral Resource estimates. Situated close to existing processing facilities and benefiting from high gold prices, the project demonstrates promising potential for stakeholders. Additionally, drilling at the company’s Three Saints Project in Chile has been postponed to January due to administrative delays.
More about Lodestar Minerals
Lodestar Minerals Limited operates in the mining and exploration industry, focusing on the discovery and development of mineral resources. Its primary projects include the Neds Creek Gold Project in Western Australia, emphasizing gold exploration, and the Three Saints Project in Chile.
Average Trading Volume: 12,077,432
Technical Sentiment Signal: Sell
Current Market Cap: A$14.22M
See more insights into LSR stock on TipRanks’ Stock Analysis page.