Lodestar Minerals (ASX: $LSR) June 2024 Quarterly Activities Report

Lodestar Minerals Limited (ASX: $LSR) has reported its June 2024 Quarterly Activities, highlighting progress in its Earaheedy, Coolgardie West, and Ned's Creek projects. The company is in the process of completing an Entitlement Issue to raise up to $1.35M and continues to evaluate complementary precious and base metals projects, including those in overseas tier 1 jurisdictions, to provide additional exposure to strengthening commodity prices.

Lodestar Managing Director's Commentary on June 2024 Quarter

Commenting on exploration activity completed during the June 2024 quarter, Lodestar Managing Director Ed Turner said: 'We continue to advance exploration within our three project areas with the aim of drilling untested targets in all three projects in the September Quarter. With gold and copper market strengthening, Lodestar will also continue to prudently assess new opportunities as they come to hand.'

Summary of Lodestar Minerals' June 2024 Quarterly Activities

Lodestar Minerals (ASX: $LSR) has made significant progress in its Earaheedy, Coolgardie West, and Ned's Creek projects during the June 2024 quarter. The company is focused on drilling untested targets in all three projects in the upcoming September Quarter. Additionally, it is in the process of completing an Entitlement Issue to raise up to $1.35M and continues to evaluate complementary precious and base metals projects to provide additional exposure to strengthening commodity prices. With the gold and copper market strengthening, the company aims to prudently assess new opportunities as they arise. The outlook for Lodestar Minerals involves completing a review of all previous and new geochemical data to delineate new drill targets, conducting first pass geochemical soil sampling, heritage survey, and PoW approvals for drill areas, and drill testing of untested targets in the upcoming quarters.