Brightstar Resources (ASX:BTR)

Brightstar Resources: A Golden Opportunity for Investment


Brightstar Resources (ASX:BTR)) aims to provide tremendous shareholder value in a low-capital cost restart scenario with its own processing facility and projects covering 300 square kilometers in the Laverton Tectonic Belt and 140 square kilometers of the Menzies Shear Zone.

The processing plant could prove a key differentiator for the company, enabling fast gold production at a low capital cost. This is especially noteworthy given that many other gold companies trading on the ASX are largely focused on greenfield exploration and development. Even once those companies discover a promising resource, mining and processing facilities would still need to be built, undertakings which can incur significant upfront capital costs and take a number of years.

Brightstar Processing Facility

The company's Laverton Gold Project assets are all centered on a 100 percent-owned 300-square-kilometer tenure in the Laverton Tectonic Zone and all within 70 kilometers of the Laverton Processing Plant. Additionally, all resources within this zone are open along strike and at depth. Only minor drilling programs have been conducted in recent years, paving the way for significant exploration upside with the potential for further regional and greenfields discoveries.

Brightstar also owns 100 percent of the Menzies Gold Project, a contiguous land package of granted mining leases over a strike length of roughly 15 kilometers along the Menzies Shear Zone and adjacent to the Goldfields Highway.

Company Highlights

  • Brightstar Resources is an emerging ASX-listed mining and development company with nearly a million ounces of gold resources and potential on-site processing infrastructure.
  • The company has engaged experts to conduct a scoping study of its processing infrastructure with the goal of refurbishing and potentially expanding it.
  • Once refurbished, this infrastructure will allow Brightstar to fill a growing investment void for near-term gold developers in Western Australia, producing large quantities of gold at low capital cost.
  • Brightstar's mineral assets are situated across roughly 300 square kilometers of 100-percent-owned land in the Laverton Tectonic Zone. Together, they account for a current total JORC Resource of 8.9 million tons (Mt) @ 1.6 grams per ton (g/t) gold for 460koz (43 percent measured and indicated; 57 percent inferred).
  • Brightstar’s Menzies Gold Project is a highly promising asset which has already undergone extensive historic mining and development. The Menzies Gold Project's total current resource estimate is 11.7 Mt @1.33 g/t gold for 505koz gold (40 percent measured and indicated; 60 percent inferred)
  • Brightstar plans to continue generating shareholder value through a combination of development and strategic acquisitions along with some exploration.

This Brightstar Resources profile is part of a paid investor education campaign.*

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Brightstar Resources

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Emerging gold producer and district-scale resource developer in Western Australia

Brightstar Resources

Brightstar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

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