Silver has become an increasingly popular investment option for retail investors looking for alternatives to traditional options such as stocks and bonds. Its value is derived from its scarcity as a precious metal, much like gold, but with the added advantage of having higher industrial demand, spanning from electronics and medical applications to batteries and solar panels.

The recent price performance of silver indicates its growing popularity as an investment vehicle. Despite dropping to a low of US$20.04 per ounce in March, the precious metal has shown a remarkable recovery, with the price hitting a yearly high of US$25.80 per ounce in April. Experts predict another large deficit for silver in 2023, indicating a potential further rise in its value.

As silver's demand continues to surge, the spotlight is shining on silver mining companies across all stages, from explorers to major producers. Among these companies, Lodestar Battery Metals (TSX-V: LSTR, OTCQB: SVTNF) stands out with its two highly prospective silver assets in Mexico.

Lodestar Battery Metals' silver projects in Mexico are significant due to the country's position as the epicenter of silver projects. The company's focus on these assets puts it in a favourable position to capitalize on the growing demand for silver, which is expected to continue in the coming years.

Lodestar’s Silver Game:

Peñasco Quemado: Lodestar's Peñasco Quemado project covers 3,746 hectares across seven concessions in Mexico. The project boasts a 2-kilometer strike length of silver mineralization and has identified four high-priority geophysical targets. A 2006 drilling program outlined a historical measured and indicated resource of 2.57 million tonnes at a grade of 117 g/t Ag, representing a silver resource of 9.63 million ounces.

Moreover, the deposit has significant exploration upside, with the West Zone Peñasco Quemado area only tested at a shallow depth of approximately 150 meters. The deposit is open down dip and along strike, and deeper feeder structures have not yet been adequately tested. Additionally, untested potential exists on the property where MT and Geochemical anomalies have been identified. These factors suggest that the Peñasco Quemado project has great exploration potential.

La Frazada: Meanwhile, Lodestar's La Frazada project is a 299-hectare exploration concession also located in Mexico. The project hosts silver-rich epithermal veins with base metals, including two silver-bearing veins traced along a 3-kilometre strike length. Over 3 kilometres of underground workings have been identified as potentially accessible, and work has commenced to clean and make safety precautions, which will be geologically mapped and systematically channel sampled.

The La Frazada Project's location within the highly prospective Region de Ruiz mining area and Lodestar's established presence in Mexico provide a competitive advantage in exploring and developing this property. With the potential for significant resource expansion and low-grade bulk tonnage resource potential, the La Frazada Project presents an exciting opportunity for Lodestar to further strengthen its position as a leading silver and gold producer in the region.

Compared to the global silver players:

First Majestic Silver Corp. (NYSE: AG) reported its Q1 2023 results, revealing that its Mexican operations produced 2.5 million ounces of silver and 44,252 ounces of gold, equating to approximately 6.2 million AqEq ounces during the quarter. The company experienced a 6% increase in silver production compared to the previous quarter, which was primarily attributed to higher grades at both the San Dimas and La Encantada mines.

Hecla Mining Co. (NYSE: HL) continues to invest in its San Sebastian silver and gold project located in Durango State, Mexico. San Sebastian has a rich mining history and was one of the highest-grade silver producers in Mexico during production periods. In 2022, Hecla has allocated $45 million for exploration, with San Sebastian receiving an 8% share.

Mexico is a significant player in the global silver mining industry, and First Majestic Silver and Hecla Mining are two companies with substantial mining operations in the country. First Majestic Silver's Q1 2023 results demonstrate the company's strong production capabilities. Hecla Mining's investment in the San Sebastian project shows the company's commitment to expanding its footprint in Mexico and capitalizing on the country's abundant mineral resources. With Lodestar's two assets in Mexico, the company has the potential to become a major player in the silver mining industry, much like First Majestic Silver and Hecla Mining.

In conclusion, silver is a precious metal that has gained popularity among retail investors as an alternative investment option due to its scarcity and increasing industrial demand. The recent price surge in silver indicates its potential for further growth in value, and experts predict another deficit for silver in 2023. As a result, silver mining companies, including Lodestar Battery Metals, are in a favorable position to capitalize on this growing demand.

Lodestar's two highly prospective silver assets in Mexico, Peñasco Quemado and La Frazada, are significant due to their location in the highly prospective Region de Ruiz mining area, which is the epicenter of silver projects in Mexico. Both projects have the potential for significant resource expansion and present exciting opportunities for Lodestar to further strengthen its position as a leading silver and gold producer in the region.

Disclaimer: Please be aware that this is not financial advice and that you should conduct due diligence before investing. The article was issued on behalf of Lodestar Battery Metals Corp. (“Lodestar”) by Machai Capital (thegoldstocks.com).  Machai Capital will be paid a fee totaling one hundred thousand dollars over a period of six months.

_{Forward Looking Information: The Article contains "forward-looking information" and “forward-looking statements” within the meanings of applicable securities laws, which may include, but is not limited to, statements with respect to anticipated business plans or strategies of Lodestar, exploration programs and results on its mineral properties, obtaining all necessary permits and licenses to carry out work, the future business, operations or capital of Lodestar, and the future results and performance of the sectors and industries in which Lodestar operates. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Lodestar to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this article and Lodestar disclaim, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.}

_{Readers are urged to consult Lodestar’s publicly-filed disclosure documents, available at its profile on www.sedar.com, including the risks described under the caption "Risk Factors" in Lodestar's management's discussion and analysis for the period from September 30, 2022, which is available on Lodestar's profile at www.sedar.com.}

_{Historical Mineral Estimate: Peñasco Quemado}

_{** Silvermex ResourcesLimited reported in a technical report titled “Updated NI 43-101 TechnicalReport and Resource Estimate for the Penasco Quemado Silver Property” datedMarch 9, 2007 (filed on SEDAR on March 16, 2007), prepared by William J. Lewisand James A. McCrea, the above historical mineral estimate.  The historical mineral estimate used“measured mineral resource”, “indicated mineral resource” and “inferred mineralresource”.  Although these categories areset forth in NI 43-101 and CIM, CIM has revised its definitions for mineralresources since the completion of the technical report that supports thisresource estimate.  Accordingly, Lodestarconsiders these historical estimates reliable as well as relevant as it representsa target for exploration work by Lodestar. The data base for the historical resource estimate consisted of 24reverse circulation holes from a 1981/82 program, 17 reverse circulation holesfrom a 2006 program and 8 diamond drill holes from a 2006 drill program.  Assay data was available for all 49 of thedrill holes and 12 trenches.  The mineral resource estimateused a kriging estimation method to establish mineralized zones with a cut-offgrade of 30 g/t Ag and assay’s capped at 700 g/t Ag. Resource blocks wereestimated by ordinary kriging with samples within a search radius of 25 metersclassified as a measured mineral resource, within 47 meters classified as anindicated mineral resource and within 70 meters classified as an inferredmineral resource. As required by NI 43-101, CIM definitions (August, 2004) wereused to classify mineral resources with the classification of each krigedmineralized block dependent upon the number of penetrating holes. An in-situblock density of 2.50 t/cu meter was assigned the mineralized blocks.  Lodestarhas not done sufficient work to classify the historical estimate as a currentmineral resource therefore Lodestar is treating these historical estimates asrelevant but not current mineral resources.}

 _{Historical Mineral Estimate: La Frazada}

_{* Silvermex Resources Limitedreported in a technical report titled “Technical Report and PreliminaryResource Estimate for the La Frazada Silver Property, El Zopilote MiningDistrict, Nayarit, Mexico) dated November 24, 2008 (amended January 19, 2009)(filed on SEDAR on February 18, 2009), prepared by William J. Lewis, the abovehistorical mineral estimate.  Thehistorical mineral estimate used “measured mineral resource”, “indicatedmineral resource” and “inferred mineral resource”.  Although these categories are set forth in NI43-101 and CIM, CIM has revised its definitions for mineral resources since thecompletion of the technical report that supports this resource estimate.  Accordingly, Lodestar considers thesehistorical estimates reliable as well as relevant as it represents a target forexploration work by Lodestar.  The database for the historical resource estimate consisted of 729 samples; 233belonging to the La Jabalina West vein, 384 to the La Frazada vein and 112samples corresponding to the La Jabalina East-Tiro Real vein.  The mineralresource estimate used a block model method with a cut-off grade of 80 g/t Ag,0.75% Pb and 1% Zn.  Lodestarhas not done sufficient work to classify the historical estimate as a currentmineral resource therefore Lodestar is treating these historical estimates asrelevant but not current mineral resources.}

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Written By: Thegoldstocks.com

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