DIAMOND DRILLING TO TEST KEY HIGH-GRADE TARGETS AT NED’S CREEK
Lodestar Minerals Limited (“Lodestar”, ASX:LSR) is pleased to advise that joint venture partner Vango Mining Limited (“Vango”, ASX:VAN) is about to commence a diamond drilling program targeting high-grade gold mineralisation at the Contessa and Gidgee Flat prospects, within the 2.5km long Contessa corridor.
The staged program comprises 2 holes to test the interpreted down-plunge extension of a high-grade drill intersection in LNRC026 at Contessa which resulted in 4m at 78g/t Au from 140m, including 1m at 151g/t Au from 140m and 1m at 128g/t Au from 141m1
This drilling continues Vango’s successful 2019 RC drilling completed at Contessa that reported 16m at 2.16g/t from 84m, including 4m at 9.63g/t Au in VCTRC0032 and 5m at 2.42g/t Au from 46m, including 2m at 4.94g/t Au in VCTRC0022
A third diamond drill hole will target a major structure and flexure zone as a potential link between Gidgee Flat and the Central Park prospect, 600m to the north east. Significant intrusion-related gold occurs adjacent to the granite contact at both prospects.
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