Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices

Core Viewpoint - Lancaster Resources Inc. has appointed Ross Brown as Vice President of Exploration to lead the development of the Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [1][2][5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo gold project, which spans over 28,768 hectares [12]. - The company also has assets in Canada, including the Lac Iris polymetallic project and options for other projects in Quebec and Saskatchewan, providing exposure to various mineral exploration opportunities [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across multiple continents, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, demonstrating a proven track record in advancing early-stage projects into significant exploration plays [4][10]. - The appointment is seen as a pivotal moment for Lancaster, with expectations that Brown's expertise will enhance the company's exploration efforts at Lake Cargelligo [5][10]. Exploration Plans - Lancaster's near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to quickly define drill targets and expedite project advancement [5][10]. - Historical results from the project include high-grade findings, such as up to 204 g/t Au and 273 g/t Ag from rock chips, and 16m @ 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].