Lodestar Minerals has delivered another encouraging round of drilling results from its Ned’s Creek Gold Project in Western Australia, with thick, high-grade gold intersections at the Central Park Prospect continuing to support the project’s maiden Mineral Resource target later this year.
The latest assays form part of Lodestar’s 12,000m RC drilling campaign, which is designed to validate and expand the December 2025 Exploration Target of 250,000–300,000 ounces of gold.
Broad Gold Intersections Continue
Drilling at Central Park returned a series of broad oxide and transitional gold intersections, including:
- 34m @ 1.81g/t Au from 42m, including 12m @ 3.03g/t Au (LNRC210)
- 24m @ 1.56g/t Au from 39m, including 15m @ 2.25g/t Au (LNRC191)
- 20m @ 1.90g/t Au from 28m, including 8m @ 3.77g/t Au (LNRC196)
- 32m @ 0.82g/t Au from 16m, including 12m @ 1.63g/t Au (LNRC200)
Perhaps most importantly, the westernmost drill section returned the strongest result to date, confirming that mineralisation remains open to the west and highlighting further growth potential beyond the current exploration model.
Figure 1: Plan view of Central Park 2026 drilling.
Resource Milestone Moves Closer
With around 90% of assay results now received, the project continues to track within its published Exploration Target.
Geological modelling is already underway ahead of a maiden Mineral Resource Estimate expected in late 2026, while environmental, heritage and metallurgical studies have commenced to support a Mining Lease application targeted for early 2027.
Located near Catalyst Metals’ Plutonic Gold Mine and within trucking distance of Westgold’s Blue Bird processing plant, Ned’s Creek is well positioned within one of Western Australia’s established gold districts.
What’s Next?
The remaining assay results are expected over the coming weeks, including more than 1,000 one-metre resamples currently awaiting laboratory analysis.
Those results will be incorporated into the geological model as Lodestar works towards its maiden resource estimate, while ongoing drilling will continue testing extensions beyond the current Exploration Target.
