Lodestar Minerals' March 2024 Quarterly Activities Report

Lodestar Minerals Limited (ASX: $LSR) has reported significant exploration progress in its Earaheedy and Coolgardie West projects. The company identified 16 new large base metal anomalies in the Earaheedy project, covering over 100km of strike length and 30km strike width. Additionally, at Coolgardie West, two large gold anomalies of up to 2.5km length were defined. The company has commenced infill soil sampling to better define these anomalies prior to delineating first pass drill targets.

Executive Commentary on Exploration Activity

Lodestar Managing Director Ed Turner commented, 'Following on from first pass drilling programmes at Earaheedy in 2023, our extensive geochemical soil sampling programmes have revealed multiple exciting base metal anomalies over large areas. Infill sampling has commenced over these anomalies as well as first pass programmes for the remaining untested areas. These will lead to definition of drill targets for 2024. We have also moved quickly to commence field work at Coolgardie West to follow-up two large gold anomalies. With gold and copper market strengthening, Lodestar will continue to prudently assess new opportunities as they come to hand.'

Summary of Exploration Progress and Future Plans

Lodestar Minerals has made significant strides in its exploration activities, identifying multiple base metal anomalies in the Earaheedy project and large gold anomalies in Coolgardie West. The company plans to conduct infill soil sampling to better define these anomalies and delineate drill targets. With the strengthening gold and copper market, Lodestar aims to prudently assess new opportunities as they arise. The company also expects to define new gold targets for drilling in the next quarter at the Ned's Creek Project. Overall, the outlook for Lodestar Minerals appears promising as it continues to advance its exploration strategy and pursue value accretive project opportunities.