Lodestar Minerals Limited advised that the results of the fixed loop electromagnetic surveys (FLEM) completed over the SC-3, MC-8 and MC-9 conductors identified by the regional Xcite heli-EM survey1 have confirmed and refined model conductors for priority drilling. Lodestar holds a strategic land position on the northern margin of the Earaheedy Basin, 70km north east from Rumble Resources' major Zn-Pb discoveries. The Proterozoic sedimentary-mafic sequence within the project is stratigraphically below the Frere Iron Formation and is believed to have potential to host SEDEX, VMS-style and epigenetic, structurally controlled base metal mineralisation.

Fixed loop EM surveys over the SC-3, MC-8 and MC-9 conductors within the "Imbin corridor" have been modelled as potential massive sulphide Cu-Pb-Zn targets within the sedimentary sequence. Surface mapping indicates consistent tight to open asymmetric folding about NNW trending fold axes and later folding about east-west trending fold axes. Folds are disrupted by anastomosing NNW trending shears interpreted as NE dipping thrust faults.

The models resolved by the FLEM surveys appear to be consistent with these macro structural trends. The SC-3 conductor is located 3.5km southeast of "Main Gossan" copper prospect in an area where historic Zn and Pb anomalies were identified in rock samples2. The FLEM survey has resolved a moderate strength conductor (600m x 300m, ~1200-1500S) target dipping 15- 25deg to the N-NNE.

The MC-8 conductor is located along strike and 700m north west from the "Main Gossan" copper prospect in an area of deflection in the regional geology. The MC-8 FLEM plate model is interpreted to reflect a folded sequence with north and south dipping limbs/plates; the target plates dip 30-55deg to the SSW (900m x 300m, moderate to high conductance ~1400- 4000S) and 40-50deg to the N (600m x 150m, moderate conductance ~2000-2500S), respectively.