
June 02, 2024
Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce further assay results from the Link Zone Reverse Circulation (RC) drilling program, part of the large RC and diamond drilling (DD) program across the broader 1.45Moz Brightstar portfolio. The program is targeting gold mineralisation within delineated pit shells and underground designs outlined within Brightstar’s Scoping Studies2,3 along with near-term development assessment of the Link Zone deposit comprising the Westralian Menzies, Merriyulah and Golden Dicks deposits.
HIGHLIGHTS
- Remaining assays received for the RC drilling completed at the Link Zone deposit at the Menzies Gold Project, part of the +30,000m drilling program1, targeting resource upgrades & extensions across Brightstar’s portfolio
- Results produced a number of high-grade intercepts, confirming mineralisation within and outside A$3,000/oz Au optimised pit shells at shallow depths
- Intercepts returned at Link Zone include:
- LZRC24029:
- 9m @ 4.4 g/t Au from 18m, including 1m @ 29.1 g/t Au from 18m
- LZRC24011:
- 18m @ 1.2 g/t Au from 4m
- LZRC24016:
- 1m @ 20.2 g/t Au from 16m
- LZRC24013:
- 9m @ 1.75 g/t Au from 23m
- LZRC24021:
- 5m @ 2.0 g/t Au from 2m
- 4m @ 2.4g/t Au from 14m
- LZRC24029:
- Assays pending for 52 drillholes drilled at the Lady Shenton System targeting areas for infilling and resource confidence growth
- RC drill rig has commenced drilling at Second Fortune Gold Mine to prepare pre-collars for deep diamond drilling, which will occur after the diamond drill rig completes a geotechnical and metallurgical drill program at Link Zone
- Metallurgical and geotechnical consultants have been engaged to complete requisite studies for Link Zone after successfully completing their Selkirk workstreams
The first phase of the RC drilling program at the Menzies Gold Project (MGP) has been completed, with the RC rig now drilling at the Second Fortune mine. Drilling at Menzies comprised infill drilling at the Link Zone deposits and the Lady Shenton System. Link Zone is located ~1km south of the 287koz Lady Shenton deposit and ~1km north of the 43koz Lady Harriet System.
The program at Link Zone was focused on areas within and adjacent to A$3,000/oz Au optimised pit shells to potentially upgrade mineralisation into the Measured & Indicated Mineral Resource Estimate (MRE) categories. Further technical studies will follow prior to a potential “Decision to Mine” on the development of a small-scale mining operation, similar to the successful campaign completed at the Selkirk deposit which generated $13 million in profits4.
Click here for the full ASX Release
This article includes content from Brightstar Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
BTR:AU

Sign up to get your FREE
Brightstar Resources Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
The Conversation (0)
19 June
Brightstar Resources
Emerging gold producer and district-scale resource developer in Western Australia
Emerging gold producer and district-scale resource developer in Western Australia Keep Reading...
24 November
Annual General Meeting Presentation
Brightstar Resources Limited (ASX: BTR) (Brightstar or Company) has announced Annual General Meeting Presentation.Click here for the full ASX ReleaseThis article includes content from Brightstar Resources, licensed for the purpose of publishing on Investing News Australia. This article does not... Keep Reading...
20 November
Aurumin Shareholders and Court Approve Scheme of Arrangement
Brightstar Resources Limited (ASX: BTR) (Brightstar or Company) provides the following update on the proposed acquisition of 100% of the fully paid ordinary shares and options in Aurumin Limited (Aurumin) by Brightstar by way of Court-approved share scheme of arrangement (Share Scheme) and... Keep Reading...
19 November
AUN: Court Approves Schemes
Brightstar Resources (BTR:AU) has announced AUN: Court Approves SchemesDownload the PDF here. Keep Reading...
11 November
Mine life extensions indicated with Laverton drilling
Brightstar Resources (BTR:AU) has announced Mine life extensions indicated with Laverton drillingDownload the PDF here. Keep Reading...
03 November
BTR strengthens leadership team to drive production growth
Brightstar Resources (BTR:AU) has announced BTR strengthens leadership team to drive production growthDownload the PDF here. Keep Reading...
5h
Barrick to Weigh IPO for North American Gold Unit
Barrick Mining's (TSX:ABX,NYSE:B) board has authorized management to evaluate an initial public offering (IPO) of a new subsidiary that would house the company’s flagship North American gold assets.According to a Monday (December 1) statement, the proposed entity would include Barrick’s... Keep Reading...
7h
Zijin Mining Founder Chen Jinghe Retires After 40 Years
Zijin Mining Group (OTC Pink:ZIJMF) founder Chen Jinghe is stepping down after four decades at the helm, retiring as chairman and transitioning to honorary chairman and senior consultant.According to a Bloomberg report, Chen’s retirement announcement came from a Saturday exchange filing, where... Keep Reading...
11h
GR Silver Announces $13 Million Bought Deal LIFE Offering of Units
GR Silver Mining Ltd. (TSXV: GRSL,OTC:GRSLF) (OTCQB: GRSLF) (FSE: GPE) ("GR Silver Mining" or the "Company") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole bookrunner and co-lead underwriter (and together with Red Cloud Securities Inc.... Keep Reading...
15h
Armory Mining Provides Update on the Candela II Lithium Brine Project, Incahuasi Salar, Argentina
(TheNewswire) V ancouver, B.C. TheNewswire - December 1, 2025 Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the " Company " or " Armory ") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is... Keep Reading...
28 November
Barrick Closes US$1.09 Billion Hemlo Sale as Wheaton Finalizes Gold Stream Deal
Barrick Mining (TSX:ABX,NYSE:B) has closed the sale of its Hemlo gold mine in Northern Ontario to Carcetti Capital (TSXV:CART.H,OTC Pink:TPNEF), completing a transition that the company first announced in September and marking one of its most significant portfolio shifts this year.In a Wednesday... Keep Reading...
Latest News

Sign up to get your FREE
Brightstar Resources Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






