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Lodestar Minerals Limited (ASX:LSR)

ALERT: Price-sensitive ASX Announcement for LSR
Current share price for LSR : $0.009 0 (0%)+
Announcement
Release
9 Jul 2026 9:09AM
Price at Release
$0.009
Full Release
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Summary
Lodestar Minerals Limited announced continued positive assay results from their RC drilling campaign at the Gidgee Flat prospect within the Ned's Creek Gold Project in Western Australia. These results reinforce the oxide potential, confirming the high-grade gold intersections initially outlined in their December 2025 Exploration Target of 250,000-300,000 ounces of gold. Notable results include intersections of 16 meters at 3.23g/t Au and 20 meters at 1.34g/t Au. The current exploration aims to extend mineralisation further south and supports the company's objective to deliver a maiden Mineral Resource Estimate in the calendar year 2026.
Key Points
  • Drilling supports the December 2025 Exploration Target of 250,000-300,000 oz Au.
  • High-grade results from drilling at Gidgee Flat confirm oxide potential.
  • Significant intersections reported include 16m @ 3.23g/t Au and 20m @ 1.34g/t Au.
  • Mineralisation is open to the south at Gidgee Flat.
  • Lodestar aims to deliver a maiden Mineral Resource Estimate for Ned's Creek in CY2026.
  • Ned's Creek Project is located near Catalyst Metals' Plutonic Gold Mine.
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.