Brightstar Resources Limited (ASX:BTR) Reports Strong Gold Results
Drilling Campaign Results
Brightstar Resources Limited (ASX:BTR) has released final results from its inaugural Reverse Circulation (RC) drilling campaign at the Montague-Boulder and Whistler deposits. The campaign comprised approximately 6,000 metres of drilling, targeting extensions and infill of the resource in the Sandstone Gold Project, located 70km northeast of Sandstone.
Significant assays from the Whistler deposit include remarkable intercepts such as 4m @ 59.0 g/t Au and 5m @ 7.64 g/t Au. Similarly, Montague-Boulder has reported impressive results, including 2m @ 33.7 g/t Au and 1m @ 66.7 g/t Au.
Resource Expansion Prospects
These results confirm material high-grade extensions to known mineralization, indicating robust potential for further growth-focused programs aimed at increasing mineral resources. The recent drill results, complemented by an ongoing 55,000m RC drilling program, aim to rapidly expand the existing Mineral Resource of 1.5Moz at 1.5 g/t Au from surface.
Future Steps
The RC rig has recommenced drilling at the Lord Nelson deposit, focusing on extensions and infilling critical areas of the deposit. Managing Director Alex Rovira expressed enthusiasm regarding the findings: “The final results from the Whistler deposit are extremely encouraging, highlighting the broad, high-grade nature of the mineralisation…”
Brightstar continues to showcase its commitment to organic growth through exploration by pursuing further drilling and resource evaluation efforts across its portfolio.
Motley Fool contributor Aaron Shaw has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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