Lodestar Minerals Limited (ASX:LSR) has commenced drilling at the Contessa gold prospect in the Doolgunna region, Western Australia.
Contessa lies within a 5 kilometre long gold anomaly overlying Archaean greenstone, within a major structural corridor, on the southern margin of the Marymia Inlier.
A staged drilling program will test three priority targets in the Contessa area, the Gidgee Flats auger gold anomaly and extend regional geochemical drill sampling over areas of the prospective Archaean sequence concealed beneath cover.
Reverse circulation drilling will target primary gold mineralisation below the supergene mineralisation intersected in first-pass aircore drilling.
Additional aircore drilling will test extensions to the Contessa mineralisation within a 2.1 kilometre, contiguous auger gold anomaly.
The company recently raised over $1.2 million at $0.013 to fund this and subsequent exploration, and remains lightly valued at $7 million.
First assay results are expected to be available in early December.
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