Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Mining News Select Perth Presentation 2024
17 slides from Lodestar Minerals's conference presentation, Jun 17, 2024
Slide 1: Unlocking the Earaheedy Basin's Next BIG Discovery
Unlocking the Ea ra h e e d y B a s i n ’s N ex t B I G D i s co v e r y Mining News Select Perth Presentation 17-18 June 2024 ASX: LSR
Slide 2: Important Notices
Important Notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The Competent Persons Statement information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third partie
Slide 3: Corporate Overview
Corporate Overview Board and Senior Management Capital structure ASX code LSR Managing Director – Ed Turner Shares on issue (before Entitlement Issue) 2,023m11 • Geologist with 35 years of experience with listed public companies in exploration management, resource development, capital raisings, and
Slide 4: Earaheedy Project: Tier 1 Base Metal Jurisdiction
Earaheedy Project: Tier 1 Base Metal Jurisdiction The Right Location for Discovery Earaheedy has clear Tier-1 Base Metal potential: • MVT Style: Zn-Pb-Ag targets on the same geological setting as Rumble Resources Chinook Discovery (94Mt @ 3.1% Zn+Pb and 4.1 g/t Ag)2 • Lodestar has >100km strike leng
Slide 5: Earaheedy Project: Recent Exploration Recap
Earaheedy Project: Recent Exploration Recap New Targets Highlight Scale and Prospectivity • 16 new large base metal anomalies (Cu, Pb, Zn, Co) defined in first pass geochemical soil sampling • New anomalies cover in excess of 100km of strike length and 30km strike width • Despite the extent of sampl
Slide 6: Earaheedy Project: New High Quality Targets
Earaheedy Project: New High Quality Targets Soil sampling to date vs areas drilled in 2023 Main Tenements Tripods Tenements 6. See Lodestar Minerals ASX release dated 26 th March 2024. ASX : LSR
Slide 7: Earaheedy Project: High-Quality Targets
Earaheedy Project: High-Quality Targets Newly defined Au, Cu, Zn targets 16 new large Cu, Pb, Zn, Co anomalies covering 100km of strike length and 30km strike width defined in first pass geochemical soil sampling6 Cu and Zn results on background heat map of combined Cu, Zn, Co and Pb values in Main
Slide 8: Earaheedy Project: High-Quality Targets
Earaheedy Project: High-Quality Targets New targets areas to be follow up with infill soil sampling to delineate the targets more accurately before drilling. 40 km Cu and Zn results on background heat map of combined Cu, Zn, Co and Pb values in Tripod Tenement Area ASX : LSR
Slide 9: Ned's Creek Project
Ned’s Creek Project Multiple Gold Prospects Ned’s Creek presents huge Gold potential: • Previous exploration of the Ned’s Creek Project returned grades up to 11m @ 29 g/t Au inc 1m @ 151 g/t Au at Contessa • 40km from the Plutonic Gold Mine and Processing Plant which produced 5.5M Oz of Au since 199
Slide 10: Ned's Creek Project: Previous Exploration
Ned’s Creek Project: Previous Exploration Drilling focussed on Main prospects, leaving large areas untested • Previous exploration focussed on 4 main prospects in the main tenement • Contessa returned the best E52/2456 mineralisation with 11m @ 29 g/t Au and Gidgee Flat returned 11m @ 5.8 g/t Au ASX
Slide 11: Ned's Creek Project
Ned’s Creek Project Geochemical holes show anomalous mineralisation at Contessa North • Anomalous Au was intersected in first pass Aircore drilling at Contessa North but not followed up with deeper drilling to bedrock ASX : LSR
Slide 12: Ned's Creek Project
Ned’s Creek Project Geological & Geophysical Review delineated new targets • All the mineralisation is located along the granite intrusive contact • Magnetic and VTEM targets defined and never drilled • These include Contessa North • Smaller granite delineated from VTEM survey could present a repeat
Slide 13: Coolgardie West Project
Coolgardie West Project • Newly granted exploration licence near Coolgardie • Previous soil geochemical programmes have identified two large Au anomalies that require follow up8 • Recent infill sampling has more clearly defined these two targets which are planned to be drill tested in the next Quart
Slide 14: Strategic Exposure: Future Battery Minerals
Strategic Exposure: Future Battery Minerals A new LCT Pegmatite Discovery • Future Battery Minerals (FBM) owns the Kangaroo Hills Lithium Project in WA and the Nevada Lithium Project in the USA • Kangaroo Hills is 25km south of Coolgardie, and FBM’s main project • LSR has 9.3M FBM shares and 27.5M P
Slide 15: Emerging Lithium: Kangaroo Hills Lithium Project
Emerging Lithium: Kangaroo Hills Lithium Project Advancing towards an economic Resource • Phase 4A drilling has extended the mineralized pegmatites at Big Red and discovered the fault offsetted Potoroo deposit • Proven the size potential after intersecting stacked sets of mineralized pegmatites10 •
Slide 16: Lodestar Investment Summary: Pathway to Discovery
Lodestar Investment Summary: Pathway to Discovery ASX : LSR Why Invest in Lodestar Now? ✓ Systematically unlocking value from 100% owned Earaheedy, Ned’s Creek and Coolgardie West Projects Busy news flow pipeline over next 6 months: ▪ Define drill targets at Earaheedy following infill geochemical so
Slide 17: Contact : LSR
Contact Lodestar Minerals ASX : LSR Ed Turner - Managing Director Ph: +61 8 9435 3200 Email: info@lodestarminerals.com.au Address: Level 1/31 Cliff St, Fremantle WA 6160 17
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