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Mining

Lodestar Minerals to raise funds for gold hunt in Western Australia

The halt will remain in place until Thursday 7th September 2017.

Lodestar Minerals Ltd (ASX:LSR) has a portfolio of five projects in Western Australia, with a focus on gold.

A two hole diamond drilling program is getting ready to commence at the wholly-owned Ned’s Creek project, which is co-funded under the West Australian Government’s Exploration Incentive Scheme.

Lodestar is now looking to increase its cash balance through a placement.

The halt will remain in place until the opening of trade on Thursday 7th September 2017, or earlier if an announcement is made to the market.