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Lodestar Minerals ( (AU:LSR) ) has provided an update.
Lodestar Minerals Limited has successfully raised $520,000 through a share placement to fund its exploration programs, including an inaugural RC drilling at the Darwin Project in Chile. The funds will primarily support drilling activities in Chile, with additional allocations for Australian copper and gold projects, as well as working capital. The company’s leadership is optimistic about the potential outcomes and the positive reception of Australian companies’ drilling successes in South America.
More about Lodestar Minerals
Lodestar Minerals Limited is a Western Australian gold exploration company focused on advancing its projects, particularly in Chile and Australia. The company is dedicated to gold and copper exploration, positioning itself in markets with promising potential for mineral discoveries.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.69M
For an in-depth examination of LSR stock, go to TipRanks’ Stock Analysis page.
