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Lodestar Metals Closes Option Agreement to Acquire Gold Run Property and Strengthens Leadership Team
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Lodestar Metals Corp. (" Lodestar...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"Lodestar Metals Closes Option Agreement to Acquire Gold Run Property and Strengthens Leadership TeamVancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Lodestar Metals Corp. (\"Lodestar\" or the \"Company\") (TSXV: LSTR) (OTC: SVTNF) is pleased to announce it has officially closed the acquisition of the Gold Run Property (\"Gold Run\"), a highly prospective gold project located in Humboldt County, Nevada. This milestone follows the execution of an option agreement dated May 6, 2025 (the \"Option Agreement\"), with William Matlack and Don McDowell (collectively, the \"Option\"), granting Lodestar the right to acquire 100% ownership of the property, subject to an existing royalty. With the transaction now complete and regulatory approvals secured, trading of the Company's shares is expected to resume trading.Lodestar is also pleased to announce the appointment of David Christie, P. Geo., as a director of the Company and Don McDowell as Strategic Advisor. Lowell Kamin, President and CEO of Lodestar, commented: \"The acquisition of Gold Run Property is a key milestone in our strategy to build a portfolio of high-impact gold assets in Tier-1 jurisdictions. With this transaction closed and trading set to resume, we're entering a new phase of growth and visibility in the market. We've also strengthened our leadership with the addition of David Christie to our board, who was part of the team that founded Osisko Mining, bringing nearly four decades of exploration, M&A, and capital markets experience; and Don McDowell, who has led world-class exploration and development programs with major producers across the Americas, joins us as Strategic Advisor. This kind of pedigree positions Lodestar with the right team, vision, and momentum to advance Gold Run and deliver long term value.\" Don McDowell, Strategic Advisor, added: \"Gold Run is an exceptional acquisition for Lodestar, it's located at the intersection of the Getchell and Battle Mountain-Eureka Trends, two of Nevada's most prolific gold corridors. Historic high-grade drill intercepts & bulk tonnage near-term drill targets confirm the presence of a robust mineralized system with multiple deposit styles. With over 130 drill holes already completed and modern exploration techniques to be applied, we believe Gold Run offers immediate upside and long-term discovery pot...