Announcement Date: 2022-06-01
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Lodestar Minerals Ltd.
Project name: Neds Creek
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 17m @ 0.7g/t Au from 122m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Lodestar Mineral Limited (“Lodestar” or “the Company”) (ASX:LSR) provides the following update on assay results from re-sampling of RC drill holesfrom Contessa, located on the Ned’s Creek JV with Vango Mining Limited (see Figure 1 and see Lodestar’s ASX announcement dated 14th March 2022). The re-sampling included 4m composite samples from holes LNRC073 to LNRC078, replacing the original samples missing in transit and not delivered to the laboratory, and 1m rig split samples from anomalous intervals reported from the original 4m composite samples from LNRC095 and LNRC097. All holes were planned to test the granite contact zone (results are listed in Table 1). The results from the 1m split samples from LNRC097 (south Contessa) and LNRC099 (Central Park) have confirmed extensive gold anomalies and mineralisation on the southern margin of the Contessa granite in areas that have received minimal previous drilling. LNRC095 and LNRC097 are separated by 1200m, with no drilling below the base of oxidation between the two areas of drilling.
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