Ned's Creek

Neds Creek is a 100-owned gold project located in the northern Yilgarn region of Western Australia.

In November 2025 Lodestar announced spectacular gold assay results, including a standout intersection of 1m @ 49.60g/t Au from 230m in hole LNRC0107
within an intersection of 13m @ 4.38 g/t Au from 229m, confirming the presence of very high-grade gold mineralisation within a broader mineralised system.

This result validates earlier composite sampling and demonstrates the continuity of gold mineralisation 330m strike from the centre of the Gidgee Flat prospect.

Lodestar is engaging an independent geological consultant to complete an internal geological model of the mineralised system at the Ned’s Creek project covering the Contessa, Central Park and Gidgee Flat prospects.

This model will support the Company’s planning and targeting for the upcoming extensional drilling program, scheduled to commence in early Q1 CY26.

The internal model will not be a JORC-compliant Mineral Resource Estimate and is intended for use for internal evaluation and drill planning purposes only. The results will help refine Lodestar’s understanding of mineralisation controls and prioritise areas for future resource definition drilling.