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Lachlan Star Limited (ASX:LSA)

ALERT: Price-sensitive ASX Announcement for LSA
Current share price for LSA : $0.150 0.045 (42.86%)+
Announcement
Release
22 Jul 2026 9:09AM
Price at Release
$0.105
Full Release
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Summary
Lachlan Star Limited's quarterly report highlights the successful maiden drilling at the New Waverley Gold Project, confirming high-grade Norseman-style gold mineralisation. Significant gold intercepts encourage further exploration with a planned 4,000m Reverse Circulation drilling. The company provided a detailed cash flow report, showing operating, investing, and financing activities. No changes in tenements or mining developments occurred during the quarter.
Key Points
  • Lachlan Star Limited's maiden drilling program at the New Waverley Gold Project confirmed high-grade gold mineralisation.
  • Significant gold intercepts were found, including 6.15m at 8.6g/t Au and 7.6m at 2.65g/t Au in various locations.
  • The company plans to conduct a 4,000m Reverse Circulation drilling program to explore further.
  • Cash flows from operating, investing, and financing activities were detailed in the Appendix 5B report.
  • No changes in tenements or mining production activities were reported during the quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.