Lachlan Star Ord Shs T.LSA

Primary Symbol: LSLCF

Metals & Mining Industrial Metals & Minerals

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.

OTCPK:LSLCF - Post by User

Lachlan Star Ord Shs > Q2 Prelims........Very Good Progress

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Comment by goldpigon Jul 25, 2013 7:50pm

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Post# 21631207

RE:RE:RE:Q2 Prelims........Very Good Progress

Solid analyses and not unlike which I posted earlier.

If Q2 comes in at $1000 all in cc, it would place the company better than the peer average.
Unlike Lachlan, most producers are just now making adjustments to their costs.
I saw one report ( Veres ) today with all in cc of $1599 per oz!

Interesting that PP.
Pulled in over $4 million at 57 cents and refuse to let the other guy off the hook.
Perhaps Q2 results will be enough to push the share price above 57 cents and complete the full PP.

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