Lodestar Metals hits high-grade gold at Gomes, Gold Run project

Vancouver, British Columbia--(Newsfile Corp. - October 6, 2026) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) (FSE: PR90) ( "Lodestar" or the " Company ") reports assay results from two additional reverse-circulation ("RC") holes of its maiden 2,680m drill program at the flagship Gold Run project in Nevada.

Two holes for 463 m of drilling at the Gomes target resulted in the intersection of high-grade gold mineralisation for the first time as a direct result of targeting IP chargeability.

Highlights:

Note: Reported intervals are drill-hole lengths. True widths are estimated at 85-95% of reported intervals.

First high-grade gold-silver intercept from Gomes Prospect.

Results support the Company's view that IP chargeability anomalies can identify structurally controlled, higher-grade mineralisation at Gold Run.

Mapping, magnetic data and IP surveys identify prospective northwest-trending structures extending for at least one kilometre.

Rock sampling north of Gomes returned 2.8 g/t gold, 7.5 g/t silver, 14.7% copper and 0.45% zinc.

Assays remain pending from 10 RC holes (1,214 m) at the Black Diamond and Crown North targets.

"Results from Gomes provide further support for our geological model and confirm that higher-grade, structurally controlled gold-silver mineralisation occurs beyond Robbers Knob at Gold Run," said Lowell Kamin, President & CEO of Lodestar Metals. "Importantly, this result was generated by targeting an IP chargeability anomaly, and several untested anomalies remain across the project. Gomes is now a priority area for follow-up drilling."

Figure 1. UAV Magnetics map (TMIRTP) showing structural interpretation, maximum gold assays from previous drilling and highlighting assay results from the Lodestar 2026 drilling at Robbers Knob and now Gomes

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