The Camel Hills Project (Lodestar 100%)
A strong regional gold anomaly with potential for high grades The Camel Hills project is located 170 kilometres northwest of Meekatharra and 60 kilometres south and east of Gascoyne Resources Limited’s 1Moz Au Glenburgh gold deposits. The tenements cover an area of 280 square kilometres and 40 kilometres of strike over the Errabiddy Shear Zone. The Errabiddy Shear Zone is a major structure 5 to 20 kilometres wide, forming a series of back-thrusts emanating at depth from the Cardilya Fault, the tectonic boundary between the Archaean Narryer Terrane (Yilgarn) and the accreted Palaeoproterozoic Glenburgh Terrane to the north. Large faults associated with craton margins are a favourable location for the formation of world-class orebodies, for example the Tropicana gold deposit (7.9Moz. Au) located on the southeast margin of the Yilgarn Craton. The Geological Survey of Western Australia (GSWA) completed regional regolith sampling across the Glenburgh 1:250 000 geology sheet that includes Camel Hills. Stream samples from the GSWA data identify a large (~18 kilometre long) gold anomaly, overlying the Errabiddy Shear Zone, in the Camel Hills area. The nearby Glenburgh gold discovery of Helix Resources resulted from the follow up of values between 1ppb and 17.2ppb gold in stream sampling and provides context for anomalous values in stream sampling at Camel Hills. The GSWA sampling reported maximum 8ppb gold within the Camel Hills anomaly and historic drainage sampling by previous explorers has reported up to 21.2ppb Au from the same area.
Camel Hills regional geochemical gold anomaly (background TMI magnetic image).
- 6m at 6.6g/t Au from 13m in LCC011 and
- 6m at 20.3g/t Au from 21m in LCC012

RC drilling at Big Sky

A view of Camel Hills