Company Overview
Lodestar Minerals (ASX:LSR) is an active base metal and gold explorer with projects in Western Australia (WA) and Chile.
Lodestar’s WA projects comprise the 100% Earaheedy, Ned’s Creek and Coolgardie West projects and in Chile, the 100% Darwin project.
The Darwin Project in Chile lies within one of the World’s largest IOCG (iron oxide, copper, gold)
Belts which includes the 1.2 Bt @ 0.60% Cu, 0.13 g/t Au, 2.0 g/t Ag Candelaria Deposit. The region is host to numerous world class copper deposits and gold rich IOCG deposits such as Carola (10Mt @ 1.8% Cu, 0.5g/t Au)2 and Atacama Kozan (50Mt @ 1.6% Cu, 0.35g/t Au).
The Earaheedy Project is a major strategic land holding, 510 sqkm in size, in the emerging Earaheedy Province, site of Rumble Resource’s 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. The project is very prospective for VMS style copper-gold deposits and Lodestar has intersected significant copper and gold in their drilling programme completed in 2023 and 2024.
Lodestar also has exposure to lithium via it’s significant shareholding in Future Battery Minerals (ASX:FBM) who own the Coolgardie lithium Project in Western Australia and the Nevada Lithium Project in the US.