Latest Lodestar Minerals (ASX:LSR) News

A brutal sell-off in a few small caps did most of the damage this week, even as project funding and resource upgrades kept rolling in. Lithium, rare earths and tungsten news stayed constructive, but traders punished anything that looked like delays, dilution or weaker prices.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Lodestar Minerals has intersected visible copper sulphides in its first diamond drill hole at the Three Saints project in Chile, hinting at a potentially significant IOCG-style mineralised system. Assay results are pending, with further drilling planned to explore the extent of mineralisation.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

Lodestar Minerals has reported high-grade heavy rare earth element assays up to 3.73% TREO from its Virgin Mountain project in Arizona, significantly surpassing previous results and highlighting its strategic potential in the US critical minerals landscape.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Lodestar Minerals has acquired sole access rights to the Los Loros copper-molybdenum-gold porphyry project in Chile, setting the stage for a maiden drilling campaign in April 2026. The project features significant historical mineralisation and is strategically located near key infrastructure in a prolific mining region.

Lodestar Minerals has secured a binding option to acquire the Virgin Mountain Heavy Rare Earth Elements project in Arizona and defined a significant gold exploration target at Ned’s Creek, while gearing up for its first Chilean drill program.

Lodestar Minerals has defined its first Exploration Target at the Neds Creek Gold Project in Western Australia, estimating up to 300,000 ounces of gold within an open-pit framework. The company plans a significant drilling campaign in early 2026 to validate and potentially upgrade this target to a JORC-compliant Mineral Resource.

Lodestar Minerals has kicked off its first-ever exploration program at the Virgin Mountain Rare Earth Project in Arizona, targeting historically promising heavy and light rare earth elements amid shifting global supply dynamics.

Lodestar Minerals has responded to ASX queries clarifying the timing and disclosure of key assay results from its Ned’s Creek gold project and detailed the procedural steps behind its Arizona Mountain Pass rare earths acquisition.