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Lancaster Resources expands Lake Cargelligo gold-silver project with new land acquisition and plans drilling in late 2026.

Company Fundamentals
13 May 2026
Newsfile Corp
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Bullish
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Lancaster Resources has completed an additional land acquisition at its Lake Cargelligo gold-silver project in New South Wales, Australia, increasing its total claim area to approximately 62,300 hectares. The new Exploration Licence covers about 33,400 hectares and has a four-year term. The company plans to advance exploration activities including geophysical surveys and aims to be drill ready by Q4 2026. Lancaster is also progressing exploration at its Lac Iris polymetallic project in Quebec and is revising its private placement financing to raise up to $800,000 to fund these efforts.

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