Lachlan Star (ASX:LSA) said that copper-gold drill targets were identified following the completion of its induced polarization survey at its North Cobar project in New South Wales, according to a Thursday Australian bourse filing.
The chargeable induced polarization anomalies coincide with previously reported gravity and magnetic anomalies, the filing said.
It submitted permit applications ahead of proposed drill testing in the next quarter.
Its shares rose 16% on market close on Thursday.
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