Lodestar Minerals fires up the drills for maiden program at Earaheedy Base Metals Project, WA

Diversified minerals explorer Lodestar Minerals (ASX:LSR) has begun a maiden drilling program at its flagship Earaheedy Base Metals Project in Western Australia.

The company reports about 100 aircore (AC) holes for 5,000m will be completed to test 7 ‘high-priority’ targets in the area. 

These targets were defined by both electromagnetic (EM) and soil geochemistry anomalies using Ultrafine (UFF+) multi-element assaying methods developed by the Commonwealth Scientific and Industrial Research Organisation (CSIRO), which analysed and interpreted the assay data for Lodestar.

Lodestar reports it has received heritage clearance from the Mungarlu Ngurrarankatjs Rirraunkaja Aboriginal Corporation, which represents the Birriliburu Native Title Holders, to complete this first-pass AC drilling across tenements E69/3533 and E69/3552.

Commenting on the maiden drilling program, Lodestar Minerals Managing Director Ed Turner says: “We are excited to have this important drilling program at Earaheedy underway, following a series of rain delays. This is just the first step for Lodestar towards testing these promising targets at our Earaheedy Project.

This is just the first step for Lodestar towards testing these promising targets at our Earaheedy Project”

The Earaheedy Basin is rapidly emerging as a tier-one base metal province, highlighted by the recent success of Rumble Resources, who have proved the potential of the Earaheedy Basin with their robust maiden resource which comprised 94 million tonnes @ 3.1% Zn+Pb and 4.1g/t Ag. We look forward to accelerating our exploration efforts in the region and providing regular updates on progress to our shareholders.”

The Earaheedy Project covers 1,344km-square along the northeast margin of the Earaheedy Basin, which is considered an emerging metallogenic terrane with tier-one base metal potential. The project features zinc-lead targets with a similar geological setting to Rumble Resources’ (ASX:RTR) Chinook Discovery, which is located on the unconformity between the Frere Formation and the underlying Yelma Formation.

The project also includes copper-gold targets within a similar setting to the DeGrussa Copper deposit, which is in the neighbouring Bryah Basin. Lodestar says limited historical drilling within its tenements intercepted ‘high-grade’ copper including 2m @ 4.65% Cu and 3m @ 1.97% Cu.

Lodestar Minerals is an ASX-listed explorer searching for base metals, lithium, and gold in Western Australia. Along with its flagship Earaheedy Project, the company holds the Jubilee Well and Coolgardie West projects.

The company also holds a 20% interest in the Kangaroo Hills and Nepean joint venture (JV) projects with Future Battery Minerals (ASX:FBM) and is earning a 51% interest in the Ned’s Creek JV Project with Vango Mining (ASX:VAN).

Write to Harry Mulholland at Mining.com.au

Images: Lodestar Minerals Ltd
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.