Brightstar Resources

Heritage Survey Completed and Drilling Commences at Menzies

Brightstar Resources Limited (ASX: BTR) (Brightstar or the Company) is pleased to announce that reverse circulation drilling has recommenced at Menzies, with a program targeting shallow, near surface mineralisation at Link Zone and potential high-grade underground material at Aspacia. In particular, the Aspacia program is designed to confirm strike lengths of ~700m with drilling down to 170m vertical depth in certain sections; whilst Link Zone represents an opportunity for Brightstar to expand on the recently announced maiden JORC Mineral Resource Estimate (MRE) and prove up additional shallow mineralisation for potential fast-tracked open pit mining opportunities.


HIGHLIGHTS

  • Heritage Survey completed of Menzies Gold Project by Watarra Darlot Native Title Group covering proposed mining areas at Lady Shenton, Yunndaga and Link Zone and key exploration areas
  • ~5,000m Reverse Circulation drilling campaign underway at Aspacia and Link Zone
  • Diamond drilling program planned for Cork Tree Well (Laverton Gold Project) to commence in January for geotechnical assessment and metallurgical testwork purposes

Brightstar’s Managing Director, Alex Rovira, commented: “In preparation for mining activities at Menzies, we have recently spent a week onsite with members of the Watarra Darlot Group conducting a comprehensive archaeological and ethnographical survey of our Menzies Gold Project. Key areas of focus for the survey were the mining centres outlined in the Scoping Study, the Link Zone and important exploration areas including Aspacia and the underexplored Northern Trend at Menzies. The successful completion of the survey and engagement with the Watarra Darlot Group is an important step to ensure our social license to operate at Menzies as we progress through towards production. Importantly, the survey has cleared previously unsurveyed areas within the Northern Trend at Menzies, where Brightstar will be conducting further greenfields exploration.

We’re excited to recommence drilling at our Aspacia and Link Zone prospects, with the program expected to refine and expand our knowledge of strike and depth extensions to known mineralisation previously intercepted by Brightstar drilling throughout 2023.”

Brightstar is also actively planning further drill programs to commence in Q1, 2024 using diamond core and reverse circulation drilling techniques for geotechnical and metallurgical property testing of various deposits within the Scoping Study.

Figure 1 – Regional Geology of Menzies Gold Project area with resource outlines

ASPACIA DRILLING PROGRAM

The Aspacia Prospect is located approximately 800m south of the Selkirk deposit, which is currently being mined under the mining joint venture with BML Ventures Pty Ltd.

Aspacia contains multiple high-grade lodes, including the Aspacia Main and Aspacia West Lodes, Pandora and Etrenna Lodes. Historic records indicate that past production at Aspacia was modest in size but very high grade with a production head grade of 35.7g/t1 including a 100m deep shaft at Aspacia.

Compilation and interpretation of historical drilling and mine survey data, in conjunction with results from Brightstar’s 19-hole RC drilling program completed earlier in the year, were utilised to develop a mine void and mineralisation model created by Brightstar. This model is being utilised to vector exploration efforts to determine if the multiple mineralised horizons extended materially beyond currently defined boundaries laterally and at depth.


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
Brightstar Resources

Brightstar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Brightstar Resources

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...
GNG: EPC Contract - Laverton Processing Plant

GNG: EPC Contract - Laverton Processing Plant

Brightstar Resources (BTR:AU) has announced GNG: EPC Contract - Laverton Processing PlantDownload the PDF here. Keep Reading...
Goldfields Project Construction to Commence

Goldfields Project Construction to Commence

Brightstar Resources (BTR:AU) has announced Goldfields Project Construction to CommenceDownload the PDF here. Keep Reading...
RIU Sydney Conference Presentation

RIU Sydney Conference Presentation

Brightstar Resources (BTR:AU) has announced RIU Sydney Conference PresentationDownload the PDF here. Keep Reading...
High grade results continue in Sandstone drilling

High grade results continue in Sandstone drilling

Brightstar Resources (BTR:AU) has announced High grade results continue in Sandstone drillingDownload the PDF here. Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Brightstar Resources (BTR:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Brightstar Declares Final Investment Decision for Goldfields Project

Brightstar Declares Final Investment Decision for Goldfields Project

CONSTRUCTION OF 1.5MTPA LAVERTON PLANT COMMENCES – FIRST GOLD ON TRACK JUNQ’27

Brightstar Resources Limited (ASX: BTR) (Brightstar or the Company) is pleased to announce that its Board of Directors has approved the Final Investment Decision (FID) for the development of its 100% owned Goldfields Project in Western Australia. HIGHLIGHTSBoard approves Final Investment... Keep Reading...
Rick Rule, mine site.

Rick Rule: Gold, Silver, Oil, Uranium — Price Triggers, My Strategy Now

Rick Rule, proprietor at Rule Investment Media, outlines key factors affecting the resource sector today, highlighting the impact of the Iran war. He also explains what he's doing with his money right now, saying his portfolio is currently underweight when it comes to sub-$250 million market cap... Keep Reading...
World map on red background featuring stock market graphs and numeric data overlays.

S&P Global: Mining Sector Facing New Wartime Reality

While gold surged to an unprecedented peak exceeding US$5,500 per ounce in January, with copper and silver following suit, the geopolitical landscape shifted violently on February 28. The outbreak of conflict between the US and Iran effectively severed the Strait of Hormuz, causing daily vessel... Keep Reading...
Stack of US$100 bills lies on top of more scattered banknotes.

Perpetua Resources Secures US$2.9 Billion Loan for Idaho Antimony Project

Perpetua Resources (TSX:PPTA,NASDAQ:PPTA) secured a US$2.9 billion loan from the US Export-Import Bank (EXIM) to fund construction of the Stibnite gold project in Idaho, the country’s only planned domestic source of antimony.The 13-year debt facility includes a US$2.4 billion upfront tranche,... Keep Reading...
New Break Announces Receipt of DTC Eligibility in the United States

New Break Announces Receipt of DTC Eligibility in the United States

New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ("New Break" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). As a subsidiary of the Depository... Keep Reading...
Brightstar Resources

Brightstar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News