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 advancement of its Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [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 [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across various regions, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, such as Oklo Uranium and Inca Minerals, demonstrating a proven track record in advancing early-stage projects [4][10]. Exploration Strategy - The near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to define drill targets and accelerate 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 at 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].