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  • October 6, 2026

ENCOURAGING GOLD INTERCEPTS REVEALED AT KILLALOE PROJECT

Lachlan Star’s early-stage drilling delivers promising shallow gold hits near Norseman, WA

Lachlan Star Limited (ASX:LSA) has announced a series of encouraging gold assay results from its initial Aircore (AC) and Reverse Circulation (RC) drilling at the Killaloe Gold Project, located near Norseman in Western Australia.

The first assays from the reconnaissance AC drilling campaign have identified multiple shallow gold-bearing zones, particularly within and adjacent to the Duke main gold trend. Notable intercepts include:

  • 24m @ 2.15g/t Au from 4m, including 4m @ 5.60g/t Au from 8m in BUX86
  • 23m @ 1.23g/t Au from 7m in GOC5
  • 8m @ 0.84g/t from 12m, including 4m @ 1.25g/t from 12m in KAC0037
  • 12m @ 0.50g/t from 8m in KAC0001
  • 24m @ 0.33g/t from surface in KAC0044

These intercepts form part of a broader drilling campaign targeting extensions of known mineralisation and high-priority gold-in-soil anomalies. The program is still underway, with further results expected in the coming weeks.

Lachlan Star’s Chief Executive Officer, Andrew Tyrrell said:

These initial gold assay results from our wide-spaced reconnaissance drilling at the Killaloe Gold Project are extremely encouraging. When considered alongside other supporting indicators — including gold-in-soil anomalies and outcropping gold-bearing quartz veins — the results point to strong potential for additional gold-mineralised structures across the broader project area, reinforcing the opportunity for multiple lode-gold systems to be present at Killaloe.

These results reflect the Company’s disciplined approach to use of capital, with a clear focus on low-cost, boots-on-ground discovery. This strategy is beginning to yield promising outcomes — both at Killaloe in Western Australia and across our gold-copper projects in New South Wales, where drilling is set to commence shortly at North Cobar.

We look forward to completing the current drill program and in sharing results with the market as they come to hand. Preparations have commenced for a program of follow-up AC and RC/Diamond infill drilling across Killaloe in the coming months.

Figure 1: Plan view map of the Duke Prospect and regional area, showing distribution of historical and recently completed Lachlan Star drill collars with maximum gold grade-in-hole and significant gold intersections shown. Lachlan Star holds 80% interest in E63/1018.

Read the full announcement.

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