Lodestar Metals Scales Up Exploration with High-Resolution Geophysics at Goldrun Project, Nevada
Lodestar Metals Scales Up Exploration with
High-Resolution Geophysics at Goldrun
Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) -
Lodestar Metals Corp
.
(TSXV:
LSTR) (OTC Pink: SVTNF)
("
Lodestar
" or the "
Company
"), a junior exploration company focused on
unlocking world class gold potential in Nevada, is pleased to report the commencement of a Dipole-
Dipole-Induced-Polarisation ("
DDIP
") geophysics program at its
Goldrun Property
in Nevada
designed to detect chargeability anomalies typical of disseminated sulfide associated with gold
deposits.
"The commencement of this expanded DDIP program is a pivotal step in our systematic approach to
unlocking the full scale of the Goldrun Property,"
stated Lowell Kamim, CEO of Lodestar Metals.
"Our
team is confident that the increased depth penetration and resolution of these modern geophysics will
refine our existing targets while potentially uncovering new high-priority zones at Robbers Knob and
Grindstone Flats. This work aligns perfectly with our 2026 strategy: moving rapidly from target
generation to discovery-focused drilling. We look forward to a steady flow of catalysts as we advance
toward our maiden drill campaign this spring."
Lodestar's Technical Director, Leo Horn, commented:
"We are very pleased to launch our exciting
2026 exploration campaign at Goldrun commencing with this DDIP survey which we are confident will
reveal other new hidden targets, given the historical DDIP has already highlighted at least 4 quality
drill targets coincident with known gold and silver mineralisation close to surface. We look forward to
our maiden drilling campaign at Goldrun with preparations currently well in progress."
Key Highlights
DDIP program underway at Goldrun, targeting chargeability anomalies linked to gold-silver
mineralization.
Four new DDIP lines planned to expand coverage into high-priority areas with no prior geophysics,
including Robbers Knob and Grindstone Flats.
Modern geophysics expected to improve depth penetration and target definition, enhancing
discovery potential.
Results expected in the coming weeks, with interpreted highlights anticipated in February 2026.
Maiden drill program advancing, with permits submitted and drilling targeted for March-April 2026,
subject to approvals and conditions.
Figure 1: Photographs of the Zonges DDIP equipment and personnel currently operating on the
Goldrun Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3029/280856_figure1.jpg
Historical DDIP Targeting Work
:
As noted in a previous news release (
See News release on Dec 2, 2025
), three untested chargeability
targets were identified at the Independence Trend (Figure 2) and one untested chargeability target was
identified at the Gomes target (Figure 3) all strongly supported by previous drilling and high-grade rock
assays and recent soil results by Lodestar (
See News release on Oct 28, 2025
). These import targets
form an important part of the drill program formulated as Lodestar's maiden drill campaign scheduled to
commence after the DDIP program.
Figure 2: 3D view looking northwest showing three chargeability sections from historical DDIP
surveys at the eastern Independence Trend in relation to significant drilling intersections and
2024 rock sampling (stars) during the due diligence phase when acquiring the property. Three
drill targets defined in dash-black circles.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3029/280856_3f83368214e8291d_003full.jpg
Figure 3: 3D view (looking north and down) of two chargeability sections from historical DDIP
surveys at the Gomes Prospect that occur north and south of Drillholes GAD-02 & 04. Drill
Target defined in dash-black circle.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3029/280856_3f83368214e8291d_004full.jpg
New DDIP Work In Progress
:
This targeting work by Lodestar strongly supports the effectiveness of the geophysical technique to
identify disseminated sulphide often associated with gold and silver deposits in this jurisdiction.
Lodestar believes utilising modern equipment that are designed to search for chargeability targets at a
much broader depth range than historical surveys is likely to prove even more highly effective.
Lodestar
has planned 4 new strategic DDIP lines across the project with additional focus on other high priority
prospects that currently have no DDIP data for example Robbers Knob where historical drilling
intersected
18m at 4.3 g/t Au incl. 1.5m at 37.8 g/t Au*
and Grindstone Flats where historical drilling
intersected
13.7m at 1.5 g/t Au incl. 1.5m at 32.5 g/t Au*
(Figure 3).
The aim of this work is to detect
completely new targets in addition to refining the high-quality targets already defined by Lodestar. Any
new targets defined are anticipated to form the second phase of drilling after the maiden drilling
program.
Figure 4: 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 new DDIP lines currently in progress (dark blue lines) and historical DDIP lines illustrated
in Figure 2 and Figure 3.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3029/280856_3f83368214e8291d_005full.jpg
Lodestar secured the DDIP contract with reputable contractor
Zonge International
and the work is
currently in progress (Figure 1). The results of this work are expected in the coming weeks and results
will be processed and interpreted by experienced consultants at
Resource Potentials
. Highlight results
are expected to be released in February.
Maiden Drill Campaign Preparations
:
The drill permit application for Lodestar's maiden drill campaign was lodged late December and
currently estimated to be granted mid-February pending any unforeseen delays. Lodestar is currently
engaging local RC contractors as part of the drill tender process and hopes to commence drilling in
March or April 2026 pending permits, drill contractor availability and weather conditions.
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
(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
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/280856