Pile of bronze pieces
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Lodestar Minerals Ltd (ASX:LSR) has identified three new copper targets through soil sampling at its Earaheedy project in Western Australia, with the work focusing on the Anticline prospect – where two gravity highs associated with a complex magnetic response were discovered.

The work was conducted in October 2024, and involved taking 637 samples from the newly granted E69/3532 tenement across two prospects: Anticline and Imbin Central; 565 and
72 samples were taken from each.

At the Anticline prospect, samples yielded from an area measuring 20 kilometres long by eight kilometres wide. This area presented evidence of volcanic rocks, although most of the prospect is under cover, posing a challenge to geological mapping.

New targets were identified using multielement analysis on these 637 samples taken in October, in addition to 524 collected in early 2024. These are now to be explored throughout 2025, starting in March.

Lodestar managing director Ed Turner said it had been particularly important to begin sampling work on the Earaheedy tenements.

“After more than 9620 soil samples completed by Lodestar since 2022, we are pleased to announce newly defined targets at our Earaheedy Project in Western Australia,” he said.

“E69/3532 is one of our most prospective tenements in the Project, and this is the
first work we could complete since the grant of the tenement in October 2024.

“Following the identification of these new anomalies detailed geological mapping will be required to evaluate each target and their potential.”

Lodestar has been trading at 1.3 cents.

Join the discussion: See what HotCopper users are saying about Lodestar Minerals and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

LSR by the numbers
More From The Market Online
The Market Online Video

HotCopper Highlights, Week 49: ASX Ltd shoots itself in foot again, NextDC-OpenAI & more

Good afternoon and welcome to HotCopper Highlights, I’m Jon Davidson, in this segment we go through the most viewed and most discussed stocks
ASX concept

ASX announcement outage issue all sorted on Tuesday, but reputational damages remain

More pain for the listed equities in ASX Ltd (ASX:ASX), the share market operator itself, after a Monday morning
A HotCopper-branded graphic image which reads "Insider Trades: Key director trades to watch" in front of an ASX-themed image which has been faded.

Pantoro, WEB, Energy One: All the biggest ASX director trades from the last week

Welcome to HotCopper’s Director Trades column, where we take a look at all the most interesting director transactions from across the past week and break