Lodestar Minerals (ASX:LSR) Managing Director Ed Turner discusses the company’s recent capital raising initiative and the planned allocation of these funds to three key exploration projects in Western Australia: Neds Creek, Coolgardie West, and Earaheedy.
Turner provides insights into the upcoming drilling and fieldwork at these sites, expected timelines, and the potential for future funding to support more detailed exploration.
Lodestar is an active Western Australian base metal and gold explorer.
The Earaheedy Project is a major strategic land holding in the emerging Earaheedy Province, site of Rumble Resources’ rrecent and potentially ‘world-class’ zinc-lead discoveries.
The Earaheedy Project is located on the northern margin of the prospective basin and is the site of significant historic copper intersections in drilling and approximately 100km of strike of the targeted Yelma-Frere unconformity.
In addition, the project is prospective for VMS style copper-gold deposits and Lodestar has recently intersected significant copper and gold in its first shallow aircore drilling programme in July 2023.
Followed up by RC and diamond program showing the mineralisation potential of the area.
