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Lodestar Metals Enters into Exclusivity Agreement on Silver Projects in Eureka Silver District, Nevada
Landstar SystemLandstar System(US:LSTR) Newsfileยท2025-09-08 11:35

Core Viewpoint - Lodestar Metals Corp. has entered into an exclusivity agreement to negotiate the option of silver-focused mineral claims in the Eureka Silver District, Nevada, marking a significant step in advancing its portfolio in the region [1][2]. Group 1: Project Details - The Eureka West Project consists of 20 unpatented lode claims located within the Battle Mountain - Eureka Trend, an area known for its mineral wealth [2]. - Historical grab samples from the project have shown promising results, including up to 378 g/t silver and 1.1% copper at the Silver King prospect, 277 g/t silver and 2.7% copper at the Angel prospect, and 254 g/t silver, 0.4 g/t gold, and 7.7% lead at the Jag prospect [2]. - The project is relatively unexplored, and the company is currently conducting due diligence to assess its geology and mineralization [5][7]. Group 2: Financial and Corporate Updates - Lodestar has secured exclusive rights to negotiate the terms of a definitive agreement for the Eureka West Project until November 15, 2025, in exchange for a one-time fee of US $7,500 [8]. - The company has also entered into an investor relations agreement with 15605237 Canada Inc. for outreach services, with a total payment of $25,000 and the issuance of 250,000 stock options at $0.05 per share [10][11]. Group 3: Company Overview - Lodestar Metals Corp. is focused on advancing high-potential mineral exploration projects in North America, with its flagship assets including the Gold Run Property in Nevada and the Peny Property in Manitoba [13].