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Lancaster Resources Acquires High-Grade Piney Lake Gold Property

Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) has announced the acquisition of the Piney Lake Gold Property.

Piney Lake Gold Property Overview

The Piney Lake Gold Property spans 2,267.8 hectares, located about 65 kilometres east of La Ronge Provincial Park. It lies just 2.5 kilometres east of North Arrow Minerals’ Pikoo property, surrounded by significant gold claims. The property was acquired through direct staking in Saskatchewan, Canada.

Geological Significance and Geochemical Highlights

Positioned within the Glennie Domain, Piney Lake shows potential for gold mineralization. It features rich geological characteristics conducive to gold presence. Historical geochemical samplings have revealed significant gold concentrations, indicating a promising outlook for exploration.

Exploration Legacy and Strategy

Despite limited recent exploration, past activities by Placer Dome Mines and the Thurloe Gold Syndicate have laid the groundwork for understanding the area’s potential. The company is set to leverage modern exploration techniques to unlock the property’s value.

About Lancaster Resources Inc.

Focusing on lithium, uranium, and other critical minerals, Lancaster Resources is at the forefront of employing innovative techniques for sustainable mineral exploration. The company holds a diverse portfolio of exploration projects across North America.

Penny White, President & CEO, leads the company equipped with a strong team experienced in major mineral discoveries and exploration project development.

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