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Lodestar Battery Metals Announces Update on Peny Property 2023 Summer Work Program, Appointments to the Board of Directors and Management Team
Targeting efforts at Lodestar's flagship Peny Property in Snow Lake Mining District, Manitoba, su...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"Lodestar Battery Metals Announces Update on Peny Property 2023 Summer Work Program, Appointments to the Board of Directors and Management TeamTargeting efforts at Lodestar's flagship Peny Property in Snow Lake Mining District, Manitoba, successfully indicate numerous encouraging exploration targets.Lodestar aims to emanate the recent success demonstrated by companies in the region that are closely situated near the Peny Property.Axiom Exploration Group Ltd. to lead exploration activities for the 2023 Summer Work Program to determine pegmatite potential.The targeted fieldwork timeline is set for early September to confirm the newly identified de-risked targets.Vancouver, British Columbia--(Newsfile Corp. - August 21, 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 announce an update on the Company's 2023 summer work program.Peny Property 2023 Summer Work ProgramLodestar has embarked on its 2023 summer work program (the \"Program\") at the Company's flagship Peny Property, located in the prolific Snow Lake Mining District, Manitoba (the \"Property\"). The Company's comprehensive targeting efforts have resulted in the successful identification of numerous exploration targets at the Property. Building upon the encouraging findings from the preliminary prospecting and sampling activities conducted in 2022, which revealed coincident pegmatite occurrences adjacent to lithium-bearing pegmatites on the neighbouring Bur Property to the south (Rockcliff, March 20231), these proximal targets will take precedence for the exploration team. The Peny Property's promising prospectivity is bolstered by its strategic proximity to major Snow Lake Mining District structural trends, notably the Crowduck Bay and Berry Fault systems, which are recognized as principal controlling structures for pegmatite emplacement. Lodestar aims to build upon the recent success in the district, where Snow Lake Lithium (June 20232) and Foremost (March 20233) have continued to uncover new lithium pegmatite potential. Lodestar's Partnership with Axiom ExplorationThe Company has eagerly awaited this work program since announcing its collaboration with Axiom Exploration Group Ltd. (\"Axi...