Lodestar Project
Exploration program 100% funded by Newmont
Immediately adjacent to Hecla’s past-producing high-grade Aurora mine
Located 10 kilometres north of Headwater’s Spring Peak project, which hosts two recent high-grade discoveries by Headwater
Contains silica sinter and other analogous geologic features to Spring Peak, suggesting the potential for preserved high-grade mineralization at depth
For details on the earn-in agreement, visit headwatergold.com for news release(s) dated August 16, 2022, May 9, 2023 and May 6, 2026.
Meridian Zone defined with vectors strengthening to the east
Prominent silica sinter and silicified outcrop confirm a preserved epithermal system at surface.
RC drilling identified the Meridian Zone, a 600 m by 700 m zone of illite-pyrite-silica alteration with anomalous gold, arsenic and mercury geochemistry.
Geologic vectors strengthen to the east, and multiple holes ended in strongly altered rock, suggesting the system core remains untested.
Meridian Zone Identified; Follow-Up Geophysics Planned
Headwater’s 2025–2026 exploration program at Lodestar included approximately 2,950 metres of core and RC drilling and identified the Meridian Zone as a priority area for follow-up exploration.
A 12.6 line-kilometre IP survey is planned to refine targets for the next phase of drilling. A permit is already in place to support immediate follow-up work.
