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Brightstar Resources Limited ( (AU:BTR) ) just unveiled an update.
Brightstar Resources Limited has entered into a binding agreement with Cazaly Resources Limited, granting Cazaly an option to earn up to an 80% interest in the Goongarrie Gold Project by investing $3 million in exploration. This strategic partnership allows Brightstar to concentrate on its operational priorities, including advancing Definitive Feasibility Study workstreams and supporting current mining operations, while maintaining a stake in potential exploration successes. The collaboration is expected to streamline Brightstar’s portfolio and expand its exploration and development footprint in the Menzies area.
More about Brightstar Resources Limited
Brightstar Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. It is engaged in projects across Eastern Goldfields and Murchison regions, with a strategic emphasis on enhancing mineral resources at sites with existing mining leases and near-term commercialization potential.
YTD Price Performance: 5.00%
Average Trading Volume: 18,444,879
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$228.1M
See more data about BTR stock on TipRanks’ Stock Analysis page.
