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Brightstar Resources Limited ( (AU:BTR) ) just unveiled an update.
Brightstar Resources Limited has announced results from its recent underground diamond drilling program at the Second Fortune Gold Mine, revealing high-grade gold assays. The drilling was part of an infill and extensional program aimed at updating the Mineral Resource, which is expected in the first half of 2025. The results, which include significant intercepts of gold mineralization, will aid in mine planning and potentially extend the life of the mine. These developments reinforce the geological consistency of the ore body at Second Fortune and highlight the ongoing ore haulage to Genesis Minerals for processing. The company’s efforts to enhance its resource base and operational efficiency may strengthen its market position and provide value to stakeholders.
More about Brightstar Resources Limited
Brightstar Resources Limited is a mining company primarily focused on gold exploration and production. The company is engaged in various projects and development pipelines in Western Australia, with significant operations at the Second Fortune Gold Mine, as well as ongoing exploration at Sandstone and advancing definitive feasibility studies for its Menzies and Laverton operations.
Average Trading Volume: 18,780,492
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$228.1M
Learn more about BTR stock on TipRanks’ Stock Analysis page.
