InvestSMART

Lodestar Minerals Limited (ASX:LSR)

ALERT: Price-sensitive ASX Announcement for LSR
Current share price for LSR : $0.009 -0.002 (-18.18%)+
Announcement
Release
12 Jun 2026 8:20AM
Price at Release
$0.011
Full Release
download
Summary
Lodestar Minerals Limited has reported encouraging assay results from the Three Saints Project, confirming IOCG-style mineralisation with copper, gold, cobalt, and molybdenum present across multiple events. The exploration highlighted significant structural control and mineralisation over a substantial area, suggesting a large and open mineralising system. Future exploration will focus on geophysical survey reanalysis to pinpoint core mineralisation areas.
Key Points
  • The assays confirm the potential of the Three Saints Project for IOCG-style mineralisation.
  • Presence of copper, gold, cobalt, and molybdenum mineralisation with varying grades.
  • Multiple mineralisation events identified including IOCG-style and metasomatic events.
  • Structural control of mineralisation with significant intervals noted throughout the hole.
  • The mineralised system spans over 1.6km and remains open in all directions.
  • Future work involves reprocessing geophysical surveys to target the core mineralisation.
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.