Lodestar Metals Provides Exploration Update on Goldrun Project in Nevada: Five New Undrilled IP Targets Supported by Significant Gold Intersections and High-Grade Silver
Lodestar Metals Provides Exploration Update
on Goldrun Project in Nevada: Five New
Undrilled IP Targets Supported by Significant
Gold Intersections and High-Grade Silver
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) -
Lodestar Metals Corp
. (TSXV:
LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), a junior exploration company focused on
unlocking world-class gold potential in Nevada, is pleased to announce the identification of five new
undrilled, high-priority IP targets at its flagship Goldrun Project. These targets, defined through the 3D
integration of historical Deep Dipole Induced Polarization (DDIP) data with drill results and surface
sampling, are supported by strong gold intercepts and exceptional silver grades, and demonstrate clear
scale potential for mineralization.
The Company has launched a multi-layered exploration program – including a 395-sample soil
geochemistry survey, a high-resolution ground magnetic survey scheduled for September, and newly
processed LiDAR mapping – to further refine these targets and advance toward potential discovery.
Lowell Kamin, President and CEO of Lodestar stated:
"At Lodestar our focus is simple
–
find high-
impact discoveries in the best places to explore. Our work at Goldrun is progressing steadily, driven
by strong data and smart use of capital. We believe we're on the path to uncovering new gold and
silver systems in Nevada, and we're committed to delivering long-term value for our shareholders."
Technical Director, Leo Horn commented:
"Our latest compilation work integrating historical DDIP data
into 3D has provided several breakthrough targets where strong chargeability IP anomalies are likely
to represent disseminated sulphide mineralization commonly associated with gold and silver
deposits. Significant nearby gold intersections, along with exceptional silver results
–
including over
100 g/t Ag in drilling and up to 3,307 g/t Ag in surface samples
–
greatly enhance the prospectivity of
these exciting new drill targets. Together, these results further demonstrate the scale potential of
mineralization at Goldrun."
Figure 1:
3D view (looking north and down) of two DDIP Chargeability Sections at the Gomes
Prospect that occur north and south of Drillholes GAD-02 & 04. Targets labelled T1 & T2.
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DDIP Review and 3D Targeting Advancements
As previously mentioned, the Company has successfully integrated historical DDIP data into the
Geoscience Analyst 3D software with the support of geophysical consultants, Resource Potentials.
Following an initial review, five promising IP targets (T1 to T5) have been identified from five interpreted
DDIP cross sections across two highly prospective areas: Gomes and Independence. See Figure 3 for
the location of the DDIP lines. Highlight results include:
1)
Gomes Prospect
: Two undrilled chargeability anomalies (up to 20 PFE
1
) are located 140m apart
(Figure 1) between significant historical intersections of gold and silver with the standout intersections:
GAD-4:
which contains a gold-rich zone of
13.7 metres at 1.3 g/t Au
incl.
1.5m at 5.1 g/t Au
as
well as a silver-rich zone of
19.8m at 26g/t Ag and 0.3 g/t Au
incl.
3m at >100 g/t Ag, 1.2 g/t Au;
and
GAD-2: 18.3m at 0.8 g/t Au
from 55m and
33.5m at 0.4 g/t Au
from 179.8m
2)
Independence Trend
: Three undrilled chargeability anomalies (up to 20 PFE1) are observed along
the eastern Independence Trend over a 650m strike (Figure 2), which are strongly supported by
historical intersections, including:
HH-22
-
10.7 metres at 55 ppm Ag and 0.36 g/t Au
from 47.2m
including
1.5m at 218 g/t Ag
and 1.2 g/t Au.
UC-01
-
15.5 metres at 38 g/t Ag and 0.35 g/t Au
was reported from 18 metres.
These gold targets are significantly enhanced by high-grade silver at surface, where recent 2024 rock
sampling, as derived from the NI 43-101 compliant study (see National Instrument 43-101 Technical
Report on the Goldrun property, May 12), returned up to
3,307 g/t silver and 2.4 g/t gold
. The sampling
was conducted by Lodestar and Axiom consultants.
Figure 2:
3D view (looking northwest) of three DDIP Chargeability Sections at the eastern
Independence Trend in relation to significant drilling intersections and recent 2024 rock sampling
(stars). Targets labelled T3, T4 & T5.
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This work has clearly highlighted at least five high priority drill targets for gold mineralisation as well as
high grade silver where consistency of the anomalies over considerable strike length of at least 140m +
at Gomes and 650m+ at Independence which strongly supports scale potential of these prospect areas.
1
PFE in IP geophysics stands for Percent Frequency Effect which is a way of expressing IP effects where a higher PFE means a higher IP effect or
chargeability due to chargeable materials such as disseminated sulphide.
Figure 3:
Interpreted bedrock geology map by Cambior in 1997 showing maximum assay from
historical drilling, highlight drill intersections at each of the main prospect areas and the location of the
DDIP lines illustrated in Figure 1 and Figure 2.
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Soil Survey Completed in Southern Goldrun
The Company has elected to focus its 2025 soil geochemistry program on the southern half of the
Goldrun claims. This area hosts the majority of historical drilling, known mineralization, and geophysical
coverage to date.
A total of 395 soil samples were collected by
Rangefront Geological Services
. Sampling was
completed on a 100m x 100m grid, with 50m x 50m spacing in areas of known mineralization
(Figure 4).
Samples have arrived at ALS and will be subject to fine fraction sieve followed by low level gold
and full suite multi-element analysis via aqua-regia digest.
The soil analysis will significantly enhance drill targeting accuracy and help define the deposit style. This
is crucial given the known presence of multiple deposit styles on the project, including carbonate
replacement (CRD), Carlin-style, epithermal, and other intrusive-related styles.
Figure 4:
Completed Soil Sampling Survey at Goldrun (blue triangles) compared with historical soil
samples with corresponding gold values
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Figure 5:
LiDAR-derived Digital Elevation Model (DEM) image showing surficial rock sample
locations with corresponding gold assay values, interpreted faults (black lines), & proposed magnetic
survey (white dashed outline)
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Magnetics and LiDAR
–
Enhanced Structural Targeting Tools
The Company has secured a cost-effective, high-resolution ground magnetic survey covering the entirety
of the Goldrun claims (Figure 5). The survey, to be conducted on 25-meter spaced lines, will be carried
out by Zonge International. Scheduled for September 2025, the survey is designed to significantly
enhance the identification of key gold-silver-bearing structures in conjunction with the property's soil
geochemistry. This will aid in defining potential drill targets that have not yet been identified through the
re-interpreted induced polarization (IP) geophysics.
Furthermore, the survey will complement the recent acquisition of high-resolution LiDAR digital elevation
model (DEM) data and imagery, which provide valuable insights for structural analysis across the
property. As shown in Figure 5, there is a notable correlation between the LiDAR data and the historical
structural interpretation made by Cambior in 1997 (Figure 3), reinforcing the potential for further
exploration and discovery.
Qualified Person
Ty Magee, P. Geo., a Qualified Person, as defined by NI 43-101, and a consultant to the Company, has
reviewed and approved the scientific and technical information contained in this news release.
ABOUT LODESTAR METALS
Lodestar Metals Corp. is a Canadian gold exploration company focused on advancing the drill-ready
Goldrun Project in Nevada – strategically located on a major Carlin-style gold trend and adjacent to
some of the largest gold deposits in North America. With decades of combined geological and capital
markets expertise, Lodestar follows a disciplined, step-by-step approach to discovery. The Company's
strategy is clear: focus capital on high-value targets, move quickly on known mineralization, and build a
compliant gold resource that delivers lasting shareholder value. For more information, please
visit
www.lodestarmetals.ca
.
CONTACT
Lodestar Metals Corp.
Lowell Kamin
President, CEO & Chairman of the Board
(416) 272-1241
Notes:
The drill results disclosed are of a historical nature. While this historical data provides valuable
context, the Company has not conducted a detailed validation or verification process and,
therefore, cannot ensure their accuracy or completeness. The Company intends to undertake
further exploration, including additional drilling, to verify these results in accordance with NI 43-
101 regulatory standards.
Laboratory parameters for soil analysis method by ALS in Reno Nevada is AuME-ST43: Super
trace detection limit method for Au plus multi-element package by aqua regia digestion for acid
extractable Au - 25g.
Soil sample security was strictly maintained by highly skilled personnel at Rangefront Mining
Services based in Elko, Nevada. Rangefront collected the samples onsite then immediately
delivered samples personally to ALS in Elko.
The LiDAR data was acquired from the USGS 3D Elevation Program (3DEP) where the LAZ
data was processing within a Geosoft Database to plot various images.
Forward-Looking Statements
The information set forth in this news release contains forward-looking statements based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions, and expectations. They are not guarantees of future performance.
Lodestar cautions that all forward-looking statements are inherently uncertain and that actual
performance may be affected by several material factors, many of which are beyond Lodestar's control.
Such factors include, among other things, risks and uncertainties relating to Lodestar's limited operating
history and the need to comply with environmental and governmental regulations. Accordingly, actual and
future events, conditions and results may differ materially from the estimates.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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