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Lachlan Star Reports Strong Drilling Results and Secures Funding

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Lachlan Star Reports Strong Drilling Results and Secures Funding

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Lachlan Star ( (AU:LSA) ) has shared an update.

Lachlan Star Limited has reported strong results from its drilling activities at the Killaloe Gold Project in Western Australia, confirming broad, near-surface gold mineralization across multiple prospects. The company is advancing with further drilling to expand these findings and test additional targets. Additionally, Lachlan Star has initiated a maiden drilling program at the North Cobar Copper-Gold Project in New South Wales, targeting promising geological anomalies. The company has also secured $2.16 million through a share placement to support its exploration efforts.

More about Lachlan Star

Lachlan Star Limited is a company involved in the mining industry, focusing primarily on gold exploration and development. The company operates projects in the Eastern Goldfields of Western Australia and the Lachlan Fold Belt in New South Wales, targeting significant gold and copper-gold mineralization.

YTD Price Performance: -10.0%

Average Trading Volume: 196,164

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$20.53M

For an in-depth examination of LSA stock, go to TipRanks’ Overview page.

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