Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Brightstar Resources Ltd (ASX:BTR).
Brightstar’s commenced reverse circulation (RC) drilling at the Sandstone Gold Project in Western Australia’s Murchison region. The drilling is part of a broader 55,000-metre RC campaign designed to expand the current 1.5-million-ounce gold resource and target new exploration opportunities.
The initial focus is on the Lord Nelson deposit within the 'Lords' project area, where 3,000 metres of drilling are planned to upgrade the 400,000-ounce resource.
Drilling will then move to Vanguard Camp, targeting the high-grade Vanguard North deposit with a 4,000-metre campaign. Additional RC and diamond drilling will follow, focusing on resource upgrades, expansions and early-stage targets across the Sandstone Hub.
Brightstar’s 2025 drilling program will also include work at the Menzies and Laverton hubs, with RC, diamond and aircore drilling set to begin in late Q1 2025.
Results from the company’s 2024 drilling campaigns at Sandstone and Laverton are still pending release.
The company aims to increase the total mineral resource beyond 1.5 million ounces at 1.5 grams per tonne gold, while advancing mining studies.
Brightstar is also continuing feasibility and development work at the Fish underground mine at Laverton, which complements its Second Fortune Mine.