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Lodestar Ramps Up Chile Exploration With Second IOCG Drill Hole at Three Saints

Story Highlights
  • Lodestar has started a second diamond drill hole at Three Saints to test the continuity and scale of an encouraging IOCG copper system.
  • Assay results are due in Q2 2026 as drilling at Three Saints and geophysical work at Los Loros advance Lodestar’s Chile exploration program.
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Lodestar Ramps Up Chile Exploration With Second IOCG Drill Hole at Three Saints

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The latest announcement is out from Lodestar Minerals ( (AU:LSR) ).

Lodestar Minerals has begun a second diamond drill hole at its Three Saints IOCG project in northern Chile, following a maiden hole that intersected visible chalcopyrite and other sulphides from 190m to 600m depth. The new vertical hole is designed to test the lateral and vertical continuity of the copper-bearing system and assess the potential scale of the underlying IOCG-style mineralisation.

The current drill program aims to confirm continuity of sulphide mineralisation, test a geophysical anomaly interpreted as a larger mineralised system, refine the geological model, and vector toward higher-grade zones. Assay results from the Three Saints drilling are expected in the second quarter of 2026, while geophysical IP and MT surveys are advancing at Lodestar’s Los Loros porphyry project ahead of a planned May drilling campaign, underscoring an intensified exploration push in Chile.

The most recent analyst rating on (AU:LSR) stock is a Hold with a A$0.02 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 ASX-listed exploration company focused on copper and gold, with key projects in northern Chile. The company is targeting iron oxide copper gold (IOCG) systems and porphyry-style mineralisation, positioning itself within one of the world’s most significant copper-producing regions.

YTD Price Performance: 66.67%

Average Trading Volume: 17,798,605

Technical Sentiment Signal: Sell

Current Market Cap: A$23.26M

See more insights into LSR stock on TipRanks’ Stock Analysis page.

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