Lodestar Minerals Limited announced that RC drilling has commenced on the Ned's Creek Project JV (VAN earning 51% interest). Drilling will target a discrete magnetic anomaly within the mineralised Contessa shear zone, adjacent to the granite contact. The magnetic anomaly has been modelled as a 200m long body dipping to the southeast.

Previous drilling along strike to the northeast of the magnetic feature has intersected anomalous gold in the transition zone and basement, with the closest hole LNR840, reporting elevated gold from 60m to the end of hole at 84m, to a maximum 3.14g/t Au. The magnetic target and adjacent shear zone will initially be tested by up to four RC drill holes, to a depth of 150m to 200m.