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Lodestar Advances Exploration at Flagship Peny Project
The highly anticipated field program at Peny Property is to commence this week with field crews t...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"Lodestar Advances Exploration at Flagship Peny ProjectThe highly anticipated field program at Peny Property is to commence this week with field crews targeting priority hyperspectral, radiometric and magnetic anomalies identified from Phase 1 work at the Property Lodestar to participate in upcoming roadshow hosted by irlabs in September 2023 Vancouver, British Columbia--(Newsfile Corp. - September 11, 2023) - Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) (\"Lodestar\" or the \"Company\"), a Company focused on becoming a leading lithium exploration corporation in the Snow Lake Mining District in Manitoba, is pleased to provide an update on the field work at its flagship Peny Property (\"Peny\" or the \"Property\").“I am very excited about our ongoing field work at our Peny Project in the prolific Snow Lake mining district, surrounded by established operators with excellent discovery potential,” said Lowell Kamin, Chairman, President and CEO of Lodestar. “We are dispatching our field crews, equipped with the latest remote sensing, magnetic and radiometric data, enabling us to focus on the most interesting and anomalous targets. Together with our partners at Axiom Exploration Group, we eagerly anticipate this next phase.” Remote Sensing and Hyperspectral Data Remote sensing data was acquired by Lodestar in June 2023, to aid in target delineation to facilitate effective field exploration during the current field program. Evaluation of the data has yielded 19 broad areas of spectral anomalism and identified areas where anomalies form clusters of targets with high spectral reflectance potentially indicative of Lithium-Cesium-Tantalum (“LTC”) Pegmatites. Numerous Volcanic Massive Sulphide (“VMS”) related targets have also been identified where hydrothermal alteration and typical iron oxide anomalism delineates broad targets for VMS potential.Airborne Magnetic and Radiometric SurveyAxiom Geophysics & Remote Sensing (“Axiom Group”) was contracted to complete a helicopter-supported magnetic and radiometric survey at 100m spacing over the Property. The survey was completed in August 2023, and preliminary images have now been produced by Axiom Geophysics and the results and have identify numerous magnetic low features coinciden...