Welcome to our dedicated page for Lodestar Metals news (Ticker: SVTNF), a resource for investors and traders seeking the latest updates and insights on Lodestar Metals stock.
Lodestar Metals Corp. (SVTNF; TSXV: LSTR) generates news primarily around its gold and silver exploration activities in North America, with a strong focus on Nevada. The company’s releases detail progress at its flagship Goldrun Project in Humboldt County, Nevada, and provide updates on its Peny Property in the Snow Lake District of Manitoba.
News from Lodestar often highlights exploration milestones at Goldrun, including soil geochemistry programs, high-resolution magnetic surveys, LiDAR-based structural analysis, and the integration of historical Deep Dipole Induced Polarization (DDIP) data. The company reports on the identification of undrilled IP targets, historical drill intercepts, and high-grade surface samples that support the potential for gold-silver mineralization across multiple prospect areas such as the Independence Trend, Gomes, Robbers Knob, and Crown North.
Investors following Lodestar’s news can also expect updates on corporate developments. These include property option agreements like the acquisition of the Gold Run Property, exclusivity agreements on silver-focused projects in Nevada’s Eureka district, and assessments of additional claim packages in established silver districts. The company also issues releases on private placement financings, stock option grants, and investor relations or research engagements that support its capital markets presence.
This news feed provides a centralized view of Lodestar’s exploration plans, technical results, and corporate actions. Readers interested in junior gold and silver exploration companies can use these updates to track how Lodestar advances its projects, refines drill targets, and manages its growth strategy within established North American mining districts.
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Lodestar Battery Metals Corp. (TSX-V: LSTR, OTCQB: SVTNF) announced the acquisition of an additional 7,859 hectares of mineral claims adjacent to its Peny Property in Manitoba's Snow Lake District. This strategic move aims to enhance the company's presence in the promising lithium pegmatite region. CEO Lowell Kamin emphasized the importance of this expansion for shareholder interests and future exploration initiatives. The new claims, totaling 47 for 11,191 hectares, were staked in February 2023 based on favorable geological assessments. Past exploration results, although not significant for lithium, indicate a correlation with other elements. Lodestar plans to leverage advanced remote sensing techniques to explore mineral targets effectively.
Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) announced a letter of intent to acquire The Wholesome Organic Limited, owner of the Peny Property in Manitoba, Canada. The purchase involves 13,000,000 shares valued at $1,235,000 at $0.095 per share. The Peny Property, spanning 3,204 hectares, is adjacent to a former VMS mine and is expected to focus on lithium exploration due to increasing demand in battery technology. The acquisition is pending due diligence and TSX Venture Exchange approval.
Silverton Metals Corp. (TSX-V: SVTN, OTCQB: SVTNF) has entered a share purchase agreement to acquire the Margaritas Gold-Silver Property in Durango, Mexico, from Zapata Exploration Ltd. and 0924682 B.C. Ltd. The Margaritas Property encompasses 500 hectares and is noted for its high-grade gold-silver deposits, with gold grades reported at up to 73.7 g/t. Silverton plans to expedite exploration with environmental permits already in progress. The transaction includes issuing 750,000 common shares and a 0.5% royalty. Closing is subject to customary conditions and acceptance by the TSX Venture Exchange.
Silverton Metals Corp. has announced significant progress at its 100% owned Peñasco Quemado project in Sonora, Mexico. Step-out drilling has extended silver mineralization in two areas, notably with drill hole PQ21-3 intersecting 438 g/t Ag and 0.62% Cu over 0.95 meters. This marks an expansion of nearly 400 meters from the nearest hole. Additional drilling has also expanded the mineralization by 300 meters at the Peñasco Pit. The company plans to explore further and potentially update the historic resource estimate of 9.6 million ounces of silver.