Lodestar's Earaheedy Project Announcement

Lodestar Minerals Limited (ASX: $LSR) has confirmed the identification of 16 new large base metal anomalies, covering over 100km of strike length and 30km strike width, at the Earaheedy Project in Western Australia. The anomalies were defined through first pass geochemical soil sampling, with the next stage field work set to commence in March to define drill targets for the first half of 2024.

Management Commentary on Earaheedy Project

Following on from successful first pass drilling programmes in 2023, which intersected significant Cu, Au and Zn mineralisation, Lodestar Managing Director Ed Turner expressed satisfaction with the extensive geochemical soil sampling programmes outside of these drilled areas. Turner stated, 'The multi-element assays from 6,605 geochemical soil samples have highlighted numerous exciting base metal anomalies over large areas. Despite the size of these programmes, we have still only sampled approximately half of the Earaheedy Project area, so we expect further high-quality targets to be identified in the near-term.' Turner further added, 'Infill sampling will shortly commence over these anomalies as well as first pass programmes for the remaining untested areas. These will lead to definition of drill targets for the first half of 2024.'

Summary of Earaheedy Project Announcement

Lodestar Minerals Limited (ASX: $LSR) has announced the identification of 16 significant and large base metal anomalies at the Earaheedy Project in Western Australia. The company's next steps include closer spaced infill geochemical soil sampling for the 16 targets, first pass geochemical soil sampling for the remaining prospective but untested areas, and an ongoing review of all current and new geochemical data to delineate new drill targets for the first half of 2024. The Earaheedy Project, comprising over 1,400 sqkm in the emerging Earaheedy Province, holds strategic significance for Lodestar as it extends over more than 100km of strike length and more than 30km across strike in the main area. The project also includes Cu-Au targets within a similar geological setting to the DeGrussa Copper Deposit and hosts Rumble Resource's Zn-Pb Ag Chinook Deposit. The company's successful identification of these base metal anomalies reflects its commitment to advancing exploration and development activities in the region.