LSR poised to re-rate

Lodestar Minerals (ASX:LSR) has been working hard to get all aspects of its strategy aligned in order to position the junior exploration company for success.From bolstering its management team, to inking strategic tenement and joint venture (JV) partnerships, to executing a financing deal, Lodestar seems to have things aligned.

Lodestar Minerals Managing Director Ed Turner, who is slated to present at next week’s Mines and Money Connect Melbourne was appointed as Managing Director on 28 February 2023.With Turner added to the line-up, the company has lined up a unique financing arrangement with Acuity Capital as part of an at-the-market (ATM) facility. And its various JV partnerships add to the company’s strategic alignment of objectives that will catapult the company moving forward.He tells Mining.com.au that Lodestar – a Western Australian base metals, lithium, and gold explorer – has a unique and significantly important suite of assets.

Its portfolio includes the 100% owned Earaheedy, Jubilee Well, and Coolgardie West projects and the company also has JV partnerships via the Kangaroo Hills JV and the Ned’s Creek JV projects.Turner says that the Earaheedy Project is Lodestar’s primary focus and its major landholding in the emerging Earaheedy Province is strategic and attractive with a robust pipeline of works on the cards.“We think chances of success in the next 12 months are very high given the quality of our landholdings.