The Company’s current activities involve resource exploration. The Company continues to hold an interest in the Princhester Magnesite Project and Bushranger Copper Project (Projects).

Lachlan Star is actively seeking new opportunities with the potential to create value for the Company and its shareholders.

Princhester Magnesite Project, Queensland

The Princhester Magnesite Project is located 85km north west of Rockhampton, Queensland and comprises two granted Mining Leases (ML), ML5831 andML5832. The ML’s are close to the Bruce Highway and are within 2 kilometres of the main north coast railwayline. Magnesite (MgCO3) is an ore for magnesium production and the source of a range of industrial minerals.

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