The report, sponsored by Lodestar Metals Corp., initiates coverage of Lodestar Metals (TSXV: LSTR; OTCQB: SVTNF) with a target of US$0.15 per share. Its maiden drill program at the Gold Run Project in Nevada, with results from 16 of 18 holes, identified three mineralization styles at Robbers Knob, including 70.1 m at 0.54 g/t gold and 6.7 g/t silver. Other prospects also returned mineralization: Gomes had 4.6 m at 4.0 g/t gold, and at Black Diamond, LSRC-13 returned 15.2 m at 102.2 g/t silver-equivalent across roughly 850 m of strike. The author estimates that Lodestar's enterprise value of about C$3.6 million implies the market ascribes around 55,000 gold-equivalent ounces to Gold Run, and that the current price mainly reflects Robbers Knob. The target assumes a second program of about 2,500 m extends the tested strike at Robbers Knob to approximately 750 m.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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