Lodestar Metals Acquires Black Diamond Mining Patent for Silver Exploration
Lodestar Metals Corp. has secured the Black Diamond Mining Patent, facilitating silver exploration in Nevada. This acquisition is significant as it provides access to a historically rich area with documented high-grade silver mineralization.
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Lodestar Metals Corp. has entered into a lease-and-purchase agreement for the Black Diamond Patent, which covers a 600m by 80m area on its Gold Run project. The acquisition involves cash payments totaling USD $75,000, with structured payments over two years.
Historical sampling indicates silver grades ranging from 20 g/t to 3,307 g/t over a 550m strike, supporting the potential for future drilling. The Black Diamond area also shows a polymetallic composition, including gold, copper, lead, and zinc. With this patent, Lodestar aims to enhance drilling flexibility and capitalize on the area's mineral potential, which has remained undrilled for over a century.
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