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Lodestar Minerals Limited (ASX:LSR)

ALERT: Price-sensitive ASX Announcement for LSR
Current share price for LSR : $0.010 -0.009 (-47.37%)+
Announcement
Release
24 Mar 2026 8:16AM
Price at Release
$0.019
Full Release
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Summary
Lodestar Minerals Limited announced that it has commenced drilling a second diamond hole at its Three Saints Project in Chile. This project targets extensions of a mineralised system that was first identified in the initial drill hole, where visible copper sulphide mineralisation was observed. The ongoing drilling aims to evaluate the potential scale and continuity of the IOCG-style mineralisation. Additionally, geophysical surveys are in progress at the Los Loros Porphyry project to further assist in exploration efforts. Assay results from the current drilling are anticipated in the second quarter of 2026, with the possibility of further drilling to follow based on the outcomes.
Key Points
  • Second diamond drill hole underway at Three Saints Project.
  • Targeting extensions of mineralised system intersected in first hole.
  • Focus on IOCG-style mineralisation.
  • Visual copper sulphide mineralisation observed.
  • Geophysical surveys underway at Los Loros Porphyry project.
  • Assay results expected in Q2 2026.
  • Potential for further drilling based on results.
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.