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Transaction Announcement Reports
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Project: | Neds Creek | |
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Deposit: | Neds Creek | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/4/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 4-7-2018: Lodestar Minerals Ltd. announces an Exploration/Drilling Update report for its Neds Creek deposit at the Neds Creek project. Drilling results incl. 28m @ 1.8g/t Au from 36m. West Australian gold explorer Lodestar Minerals Limited (ASX:LSR, “Lode | |
Resources: | x | |
CP/QP: | [Overall Report]: Bill Clayton (Internal) | |
ABSTRACT: | West Australian gold explorer Lodestar Minerals Limited (ASX:LSR, “Lodestar” or “the Company”) advises that assay results from aircore drilling at the Company’s 100%-owned Ned’s Creek project and adjoining Yowereena gold project (farm-in with Vango Mining Limited ASX:VAN, see Figure 1 and Lodestar’s ASX announcement dated 14th March 2017) have been received. The aircore program was designed to provide a first-pass test of prospective new areas and potential extensions to known bedrock mineralisation confirmed from previous RC drilling. In this respect the program was very successful in confirming gold mineralisation across all four areas tested and important new RC targets have been generated for the upcoming next program. At Gidgee Flat, drilling targeted the granite contact along strike from bedrock mineralisation while at Central Park, Brumby and Boundary Fence drilling was designed to scope the extent of gold anomalies in the oxide zone. Significant drill intersections from the aircore program are listed in Table 1 and full results are listed in the attached Annexure. | |
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