Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Lodestar Minerals ( (AU:LSR) ) has shared an update.
Lodestar Minerals Limited has announced the results of its maiden RC drilling program at the Darwin Project in Chile, revealing the presence of IOCG-style mineralization. While the initial results did not meet expectations, they provided valuable geological insights, confirming the presence of mineralization and alteration assemblages typical of IOCG deposits. The company plans further exploration, including aeromagnetic surveys and additional drilling, to better understand the mineralization and explore newly identified Porphyry-type targets. This exploration could potentially enhance Lodestar’s position in the mineral exploration industry, particularly in the promising regions of the Darwin and Three Saints Projects.
More about Lodestar Minerals
Lodestar Minerals Limited is a company engaged in the exploration of mineral resources, focusing on Iron Oxide Copper Gold (IOCG) deposits. The company is actively involved in projects located in Chile, with a particular emphasis on the Darwin Project, which targets gold and copper mineralization.
YTD Price Performance: 28.57%
Average Trading Volume: 2,474,492
Technical Sentiment Signal: Sell
Current Market Cap: A$5.73M
For an in-depth examination of LSR stock, go to TipRanks’ Stock Analysis page.