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HomeFinTechLodestar Minerals: Launches drilling program at Ned’s Creek, WA

Lodestar Minerals: Launches drilling program at Ned’s Creek, WA

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Lodestar Minerals Launches drilling program at Ned’s Creek, WA

  • Lodestar Minerals (LSR) launches a reverse circulation drilling program at the Ned’s Creek project in Western Australia
  • The project is held in joint venture with Vango Mining (VAN), which holds a 51 per cent interest by contributing $5 million of expenditure over three years
  • The new bout of drilling will target a discrete magnetic anomaly within the mineralised Contessa shear zone, adjacent to the granite contact
  • The target and adjacent shear zone will initially be tested by up to four reverse circulation drill holes, to a depth of up to 200 metres
  • LodestarMinerals last traded at 0.7 cents at 12:31 pm AEST

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