Lodestar Minerals Limited CEO and Executive Director Coraline Blaud is on-site at the Virgin Mountain Heavy Rare-Earth Element Project in Arizona with the geological team to conduct a technical review.

The assessment follows milestones including option acquisition in January 2026. Prior rock-chip sampling returned high-grade assays including 14.68% total rare earth oxides, containing 0.76% dysprosium oxide and 59% heavy rare earth oxides.

In March 2026, Lodestar appointed specialist rare-earth consultants Robin Wilson and Dr Ross Chandler. The company raised approximately $4.7 million in May 2026 via a private placement to fund ongoing exploration.

“As a geologist, being on the ground with the technical team provides an important opportunity to review Virgin Mountain directly in the context of the latest results and the exploration work completed over the past year. Virgin Mountain has a strong technical foundation, and the next phase of work will focus on refining our geological understanding, particularly mapping the mineralised trend beneath cover and defining the highest-priority targets for follow-up exploration.”

— Coraline Blaud, CEO & Executive Director

The fieldwork supports planning for upcoming operations at the 661-acre project area, where Lodestar intends to conduct a high-resolution radiometric survey. The survey is designed to trace extensions of the mineralised shear trend beneath cover and establish clear targets for potential maiden drilling.

Read the full announcement: LSR Team on Ground Advancing Virgin Mountain HREE Project