Lodestar Spots Visible Copper Sulphides in Maiden Three Saints Drill Hole

Lodestar Minerals ( (AU:LSR) ) has issued an update.

Lodestar Minerals has reported the presence of visible copper sulphides, including chalcopyrite, along with magnetite, pyrite and molybdenite in its maiden diamond drill hole at the Three Saints Copper Project in Chile. The mineralisation occurs in multiple intervals from about 190 metres down to the 600-metre end of hole, with increasing concentration at depth, and is associated with alteration styles characteristic of IOCG-type systems in the region.

The drill core is being transported for detailed logging and laboratory assays, with initial results expected in the second quarter of 2026, while a second step-out diamond hole has been planned to test extensions of the mineralised system. Although the company stresses that visual estimates are qualitative and not a substitute for assays, the early observations are seen as a strong validation of Lodestar’s geological model and support continued investment in drilling at Three Saints, potentially enhancing its copper exploration profile in a highly prospective Chilean belt.

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 ASX-listed exploration company focused on copper and associated metals, with its flagship activity currently centred on the Three Saints Copper Project in Chile’s Coastal Cordillera. The project is located in a well-established mining corridor near existing infrastructure and within a metallogenic belt that hosts major IOCG deposits such as the Candelaria Mine.

Average Trading Volume: 10,687,725

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$14.37M

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