A/C Drilling To Test Constellation Prospect
Lodestar Minerals Limited (ASX:LSR) has commenced drilling at the Constellation prospect within the Camel Hills project, located 200km north west of Meekatharra, Western Australia.
The Camel Hills project is subject to a farm out agreement with GoldFellas Ltd whereby GoldFellas will earn an initial 25% interest in the project by contributing $300,000 of exploration expenditure.
The programme is expected to take up to two weeks to complete. Aircore drilling will test the large Constellation gold in soil anomaly over a strike distance of 900m.
The Constellation anomaly is defined by a contiguous 9ppb Au soil anomaly with a peak result of 133ppb Au and is located three kilometres west of the Big Sky prospect where coarse gold in laminated quartz veining was targeted by RC drilling.
High grade drill intersections reported from beneath the Big Sky outcrop included 6m at 20.3g/t Au.
Constellation and Big Sky are located along the northern margin of an intense regional magnetic anomaly within the Errrabiddy Shear Zone.
The magnetic anomaly extends for 14 kilometres and is coincident with a broad area of gold anomalism defined by historic drainage sampling. The Big Sky high-grade gold occurrence and related gold mineralisation in drilling occurs at the northern contact of the magnetic anomaly. Lodestar’s soil sampling, completed on a 100m by 20m grid, identified the Constellation target as a contiguous gold anomaly parallel to the regional structural trend and magnetic anomaly and a priority target for first pass drilling.
