Northwire Canada EditionWednesday, July 15, 2026
Northwire
LCE 0.240 −4.0% CBA 0.085 +13.3% SGU 0.040 +14.3% COSA 0.620 +3.3% DML 4.46 +3.7% MTT 0.150 −6.2% LME 0.185 −2.6% SVM 13.20 +0.6% NAU 1.87 +3.3% VTEN 0.580 +0.0% OBUL 0.320 +3.2% WINS 0.100 +0.0% PEMC 0.045 +0.0% SSV 0.450 +4.7% RVG 0.750 +4.2% GGO 0.960 −0.5% LCE 0.240 −4.0% CBA 0.085 +13.3% SGU 0.040 +14.3% COSA 0.620 +3.3% DML 4.46 +3.7% MTT 0.150 −6.2% LME 0.185 −2.6% SVM 13.20 +0.6% NAU 1.87 +3.3% VTEN 0.580 +0.0% OBUL 0.320 +3.2% WINS 0.100 +0.0% PEMC 0.045 +0.0% SSV 0.450 +4.7% RVG 0.750 +4.2% GGO 0.960 −0.5%
Drill Results Routine +

Lodestar Metals starts drill program at Gold Run

Nevada-focused explorer transitions from data-gathering to the drill bit at Gold Run.

Executive Summary

The most recent news (April 2, 2026) announces the commencement of a maiden 2,680-metre reverse-circulation (RC) drill program at the Gold Run project in Nevada. The program consists of up to 16 holes targeting four high-priority prospects: Robbers Knob, Independence Trend, Gomes, and Crown North. These targets were defined by integrating historical drill data (including high-grade intercepts like 27.4m @ 9.7 g/t Au) with modern 2025-2026 geophysics (DDIP) and soil geochemistry.

Material Impact

The news is a Routine - Positive development. While the start of a maiden drill program is a significant operational milestone and a "major inflection point" according to management, it was highly anticipated and well-telegraphed in previous releases (January 20, March 10). - Expectation Alignment: The program is exactly in line with the timeline and scope previously communicated to the market. - Risk Mitigation: The company successfully raised CAD $1.57M in February 2026, ensuring the program is fully funded. - Technical Validation: The use of modern Dipole-Dipole Induced Polarization (DDIP) to refine historical targets reduces the "blind drilling" risk, but the material impact on the stock price will ultimately depend on the assay results, not the commencement of the work.

LSTR · Price
Company Overview

Lodestar Metals is a junior explorer focused on Nevada, USA. Its flagship is the Gold Run Project in Humboldt County, situated on the Getchell and Battle Mountain-Eureka trends. - Flagship: Gold Run (75 unpatented claims). - Target Styles: Carlin-type gold and low-sulphidation epithermal gold-silver. - Historical Highlights: Project contains historical intercepts such as 27.4m @ 9.7 g/t Au and 18.3m @ 4.3 g/t Au.

Read the original news release →

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