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Lodestar Metals Secures Option on Highly Prospective Gold Run Property in Nevada's Getchell Trend
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Lodestar Metals Corp. (TSXV: LST...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"Lodestar Metals Secures Option on Highly Prospective Gold Run Property in Nevada's Getchell TrendVancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) (\"Lodestar\" or the \"Company\"), is pleased to announce it has entered into a property option agreement dated May 6, 2025 (the \"Option Agreement\") with William Matlack and Don McDowell (collectively, the \"Option\") to acquire a 100% interest in the Gold Run Property, located in Humboldt County, Nevada, subject to an existing royalty.The transaction constitutes a \"Fundamental Acquisition\" pursuant to the policies of the TSX Venture Exchange. Accordingly, the Company's shares will be halted by the TSX Venture Exchange and remain halted until receipt of the required documents under TSX Venture Exchange Policy 5.3.Lowell Kamin, President and CEO of Lodestar commented, \"This marks an important milestone for Lodestar as we kick off our Nevada strategy. Gold Run provides immediate exploration upside and a platform for long-term value creation.\" Technical Director Leo Horn added, \"The Gold Run acquisition is an exciting step for Lodestar. This region has proven geological potential, and we believe the project could quickly become a cornerstone asset in our portfolio.\"About the Gold Run PropertyThe Gold Run Property comprises 75 unpatented mining claims, which total approximately 516 hectares, located in Humboldt County, Nevada, United States. The property consists of two non-contiguous claim blocks.Situated within the renowned Getchell Gold Trend and near its intersection with the Battle Mountain-Eureka Trend, Gold Run is in a district with a long history of mining and exploration activity dating back to the 1860s. Since the 1960s, 15 different operators have completed 131 drill holes (totaling 17,823 metres / 58,476 feet), alongside the collection of 454 soil samples and 827 rock samples.Figure 1. Gold Run Property LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3029/251220_d3206fd6b4cfe86b_001full.jpgNotably, a 2008 diamond drilling program by Golden Predator Mining Corp. returned strong gold assay results, which have been reviewed and validated by the current operator using original assay certificates from ALS Chemex. Highlights include:Hole GPA0041 - 120 ft. - 1...