Lodestar Minerals Limited (AU:LSR) has released an update.
Lodestar Minerals Limited has secured the remaining funds from its June 2024 entitlement offer, raising $771,549 through a fully subscribed share placement to investors. This financial boost allows the company to expand its drilling program at Ned’s Creek to at least four holes spanning 1000 meters, with the potential to increase to six holes and 1500 meters. The expanded drilling aims to further explore two significant magnetic targets within the area.
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