Lodestar Mineral Limited provides the following update on assay results from re-sampling of RC drill holes from Contessa, located on the Ned's Creek JV with Vango Mining Limited. The re-sampling included 4m composite samples from holes LNRC073 to LNRC078, replacing the original samples missing in transit and not delivered to the laboratory, and 1m rig split samples from anomalous intervals reported from the original 4m composite samples from LNRC095 and LNRC097. All holes were planned to test the granite contact zone.

The results from the 1m split samples from LNRC097 (south Contessa) and LNRC099 (Central Park) have confirmed extensive gold anomalies and mineralisation on the southern margin of the Contessa granite in areas that have received minimal previous drilling. LNRC095 and LNRC097 are separated by 1200m, with no drilling below the base of oxidation between the two areas of drilling. The 4m composite samples submitted from LNRC073 to LNRC078 reported intervals of anomalous gold to a maximum 0.44g/t Au.

All holes intersected zones of strong hydrothermal alteration characterised by silica-pyrite alteration with elevated Bi (max 99ppm), Mo (772ppm max), Pb (1490ppm max) and W (67ppm max). Extend systematic RC drilling over the 1200m gap between Contessa and Central Park prospects targeting contact-related gold mineralisation. A discrete magnetic anomaly adjacent to the contact presents a specific exploration target to be tested by upcoming drilling.

The magnetic anomaly may represent intrusion-related magnetite alteration on the perimeter of the granite or mafic rocks, a potential site of brittle-style deformation and mineralisation.