Lachlan Star Limited Reports Earnings Results for the Full Year Ended June 30, 2022

Lachlan Star Limited is an Australia-based company that is involved in mineral exploration. Its projects include Koojan JV, Killaloe, Princhester, Junee, Basin Creek, and North Cobar. The Company holds a 75% interest in the Koojan copper-nickel-platinum group elements (Cu-Ni-PGE) Project in the New Norcia Region, Western Australia. The Koojan Project covers a contiguous area of approximately 600 square kilometers (km2) and is located 80 km north of the recent Julimar Ni-PGE-Cu discovery by Chalice Gold Mines Ltd. The Killaloe Gold Project is in southeast Western Australia approximately 600 km east of Perth and 20-30km northeast of the historic gold mining town of Norseman. It comprises two contiguous exploration licenses (E63/1018 and E63/1713) and a separate mining license (M63/177) covering a combined total area of over 94 km2. The Princhester Magnesite Project is located over 85 km northwest of Rockhampton, Queensland and comprises two granted mining leases: ML5831 and ML5832.