Lodestar Resources (ASX:LSR) - Non Executive Chairman, Ross Taylor
Non Executive Chairman, Ross Taylor
Source: Lodestar Resources
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  • Lodestar Minerals (LSR) identifies multiple priority copper-lead-zinc targets at the Earaheedy-Imbin project in Western Australia
  • The targets were identified via fixed loop electromagnetic (FLEM) surveys completed over the SC-3, MC-8 and MC-9 conductors
  • The three conductors have been modelled as potential massive sulphide copper-lead-zinc targets with surface mapping indicating consistent tight to open asymmetric folding
  • Lodestar has planned a 1000-metre drilling program to intersect each of the target conductors below the base of oxidation
  • LSR ends the day in the grey to close at 0.6 cents

Lodestar Minerals (LSR) has identified multiple priority copper-lead-zinc targets at the Earaheedy-Imbin project in Western Australia.

The targets were identified via fixed loop electromagnetic (FLEM) surveys completed over the SC-3, MC-8 and MC-9 conductors.

The three conductors have been modelled as potential massive sulphide copper-lead-zinc targets with surface mapping indicating consistent tight to open asymmetric folding.

The SC-3 conductor lies 3.5 kilometres southeast of the Main Gossan copper prospect in an area where historical zinc and lead anomalies were identified.

The FLEM identified a 1200 to 1500 siemens conductor target that spans an area of 600 by 300 metres.

The MC-8 conductor lies 700 metres northwest from Main Gossan and it interpreted to reflect a folded sequence with a moderate to high conductance of 1400 to 4000 siemens.

The MC-9 conductor lies on the southern fold limb of the North Chert Prospect and resolved into an interpreted fold with a conductance of 1000 to 2000 siemens.

Lodestar has planned a 1000-metre drilling program to intersect each of the target conductors below the base of oxidation.

Drilling will begin once statutory approvals have been submitted and approved and site preparation is completed.

LSR has ended the day in the grey to close at 0.6 cents.

LSR by the numbers
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