Lodestar Minerals (ASX:LSR), the Western Australian gold and base metals explorer, has appointed Coraline Blaud as its new CEO.
Previously serving as the Executive Director and Head of Exploration, Blaud's promotion comes at a critical juncture for the company as it enters a high-intensity phase of discovery and operational growth.
Her leadership has already been instrumental in driving Lodestar’s recent momentum, particularly in overseeing high-impact drilling programs in Chile and the Virgin Mountain heavy rare earths project in Arizona.
She has been credited with fast-tracking resource estimation drilling at the Neds Creek gold project in Western Australia.
To align executive performance with shareholder interests, the company has structured a comprehensive remuneration package for Blaud.
A portion of her potential compensation is tied to long-term incentives, consisting of 16 million performance rights divided into four equal tranches.
The rights are strictly contingent upon the company's share price reaching specific milestones—ranging from $0.05 to $0.15—and maintaining those levels for at least 10 consecutive trading days.
The incentives, which expire after 48 months, require Blaud to remain with the company to vest.