Lodestar Metals Receives Final BLM Drill Permit Approval and Defines New High-Priority DDIP Targets at Gold Run, Nevada

Core Viewpoint - Lodestar Metals Corp. has received final approval for drilling permits at its Gold Run Property in Nevada, allowing the company to advance its exploration efforts in a promising gold district [1][2]. Group 1: Permit Approval and Drilling Plans - The Bureau of Land Management has approved the Notice of Intent drilling permits, enabling Lodestar to submit the required reclamation bond payment and documentation [2]. - Drilling activities are expected to commence shortly after the confirmation of the bonding, with contractors ready to mobilize by late March [2][8]. Group 2: Geophysical Survey and Drill Targets - A dipole-dipole induced polarization (DDIP) geophysical survey has been completed over key target areas at Gold Run, covering 7.2 line kilometers across five main gold-silver prospects [4]. - The DDIP results indicate at least three extensive trends of high chargeability, which coincide with known gold and silver prospects, highlighting several new drill target areas [5][11]. Group 3: Specific Trends Identified - The Central IP Trend shows high chargeability (>20 mV/V up to 35 mV/V) extending for at least 800 meters, coinciding with known deposits and representing new drill targets [5]. - The Eastern IP Trend, with chargeability >20 mV/V up to 25 mV/V, also extends for at least 800 meters and is associated with significant previous intersections, remaining largely untested at depth [11]. - The Western IP Trend, characterized by very strong chargeability (>25 mV/V up to 35 mV/V), is located near the Robbers Knob deposit, where previous drilling has shown significant intersections [11]. Group 4: Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Gold Run Project in Nevada, strategically located on a major Carlin-style gold trend [10]. - The company's strategy emphasizes capital allocation on high-value targets and rapid advancement of known mineralization to build a compliant gold resource [10].