Summary

The Peny property has seen little historical exploration with no previous focus on Lithium Pegmatite exploration being undertaken.

Lodestar is currently preparing to do an electromagnetic geophysical survey on the Peny Property. This survey will aid in refining historical survey work and highlight any unidentified conductors along the identified BUR Trend, extending from Hudbay’s property Hudbay’s BUR zone trend is adjacent, southwest to the Peny Property. The BUR has been identified as a stratiform massive sulfide deposit that occurs within a narrow turbidite assemblage with mineralization comprised of sphalerite, chalcopyrite, and pyrrhotite.