Lodestar Minerals (ASX:LSR) completes RC drilling at Ned's Creek and plans Aircore drilling at Coolgardie West

Lodestar Minerals Limited (ASX:LSR) has completed 510m of RC drilling at the Ned's Creek Project in Western Australia. The company is also set to commence an inaugural Aircore drilling program at Coolgardie West. The completion of the RC drilling at Ned's Creek and the imminent Aircore drilling at Coolgardie West were announced by Lodestar Minerals Limited (ASX:LSR) on 25 September 2024.

Lodestar Managing Director's Commentary on Recent Developments

Lodestar Managing Director Ed Turner commented, 'With our successful placing of the Rights Issue shortfall we are now able to complete additional RC drilling at Ned's Creek as well as an inaugural Aircore drilling programme at Coolgardie West. It will be good to finally test these gold targets which have no previous drilling, and we look forward to seeing the results from both programmes. In addition, our review of all soil geochemical data at the Earaheedy Project has enabled us to reduce our area of focus to the central and northern parts of the main project area which is more prospective for Cu-Au mineralisation.'

Summary of Lodestar Minerals' Recent Exploration Update

Lodestar Minerals Limited (ASX:LSR) has completed 510m of RC drilling at the Ned's Creek Project, with gold assays pending and additional drilling planned for October. The company is also preparing for an inaugural Aircore drilling program at Coolgardie West. Additionally, the Earaheedy Project tenement rationalisation will focus on Copper-Gold prospective areas. The Ned's Creek Project is considered highly prospective for an intrusion-related style of gold mineralisation, while the Coolgardie West Project is set for Aircore drilling to test new gold targets. The rationalisation of the Earaheedy Project tenement package aims to focus on areas more prospective for Cu-Au mineralisation. The company's Managing Director, Ed Turner, expressed optimism about the upcoming drilling programs and the strategic focus on prospective areas for mineralisation.