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Staff Writer

Lodestar Minerals (ASX:LSR) has kicked-off its first RC drilling programme at the Earaheedy Project in Western Australia.

The drilling is designed to follow up significant gold and copper intersections in first pass Aircore drilling made in mid-July 2023 and early August 2023 respectively.

We are excited to commence our maiden RC drilling programme at the Earaheedy Project following the highly encouraging gold and copper hits in the recent Aircore drilling,” Managing Director, Ed Turner, said.

“We believe the project has the potential to host multiple copper-gold deposits. This interpretation is based on the similarities between our geological model, which has gold and copper being associated along with the presence of volcanic sills within the sedimentary pile, and the high-grade VMS copper-gold DeGrussa deposit, which occurs within the region in the same aged sedimentary rocks of the Bryah Basin.”

18 holes, for approximately 3,000m, are planned, although the programme may be extended depending on geological observations.

The RC drilling is following up four of the seven targets drilled with Aircore (Zones 1, 3, 4 and 5) targeting possible extensions to the encountered copper and gold mineralisation at depth within fresh rock, along strike and across strike.

The RC drilling is expected to be completed in two the three weeks. Subject to what is intersected in the RC drilling follow up diamond core drilling, and perhaps further RC drilling, will be planned for November.

Extensive geochemical soil sampling programmes also continue to be completed over various other targets areas within the project.

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