Lodestar Minerals ( (AU:LSR) ) has issued an announcement.
Lodestar Minerals Limited has announced the expansion of its exploration footprint in Chile by applying for an additional 3,200 hectares of exploration licenses contiguous to its Darwin Project. This expansion is driven by the presence of multiple magnetic anomalies and evidence of mineralization, indicating potential for significant copper, gold, and iron ore deposits. The company is set to commence a 2,000-meter RC drilling program at the Darwin Project, with first assay results expected in April. This strategic move is anticipated to enhance Lodestar’s chances of success and strengthen its position within the world’s largest IOCG belt, potentially offering substantial benefits to its stakeholders.
More about Lodestar Minerals
Lodestar Minerals Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly engaged in copper and gold exploration, with a significant focus on expanding its operations in Chile, a region known for its rich deposits of these minerals.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.32M
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