Western Australian gold explorer Lodestar Minerals Limited (ASX:LSR) (“Lodestar” or “the Company”)
advised that significant high grade results had been received from drilling at The Ned’s Creek Joint
Venture Project, where Vango Mining Ltd (ASX:VAN) (“Vango”) are spending $5 million over 3 years to
earn a 51% interest.
Key highlights from the release made by Vango :
Results from initial four holes at the Contessa Prospect Ned’s Creek include significant intersections:
11m @ 2.29 g/t Au incl. 1m @ 15.2 g/t Au from 52m in VCTRC0015; and 3m @ 3.61 g/t Au incl. 1m @ 8.25 g/t Au from 46m in VCTRC0012.
Results confirm open-pit resource potential and will be included in the Marymia and Ned’s Creek projects’ resource expansion programs over the coming months.
Results are also pending for a further four drill holes which tested down plunge of previous high grade intersections at Contessa and Gidgee Flat – which included 4m @ 78 g/t Au1
Link to full ASX announcement here :http://www.aspecthuntley.com.au/asxdata/20201123/pdf/02312063.pdf