
December 04, 2023
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.

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
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
05 August
Diggers and Dealers Presentation
Brightstar Resources (BTR:AU) has announced Diggers and Dealers PresentationDownload the PDF here. Keep Reading...
04 August
Goldfields Project July Construction Update
Brightstar Resources (BTR:AU) has announced Goldfields Project July Construction UpdateDownload the PDF here. Keep Reading...
02 August
Spectacular 305m @ 1.8g/t Au in Sandstone extension drilling
Brightstar Resources (BTR:AU) has announced Spectacular 305m @ 1.8g/t Au in Sandstone extension drillingDownload the PDF here. Keep Reading...
30 July
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...
15 July
Building Mines and Growing Resources Presentation
Brightstar Resources (BTR:AU) has announced Building Mines and Growing Resources PresentationDownload the PDF here. Keep Reading...
17h
Gold Price Falls, Then Recovers After Fed Keeps Rates Steady
The gold price fell on Wednesday (October 28) after the US Federal Reserve kept interest rates unchanged.The Federal Open Market Committee voted 10 to two to keep its benchmark interest rate at 3.75 to 4 percent. Fed officials Lisa D. Cook and Beth M. Hammack dissented and called for a 0.25... Keep Reading...
17h
5 Best-performing Gold Stocks on the TSX in 2026
The gold price hit record highs of over US$5,500 per ounce in January 2026, and while its price has pulled back, it has largely held above the US$4,000 mark since it first broke through that point in September 2025.Gold's growth may have been stalled by a variety of factors, including widespread... Keep Reading...
23h
Osisko Gold Reports Progress at Cariboo Project in BC
Osisko Gold Group (TSXV:OGG,NYSE:OGG) announced that as of September 30, construction of its Cariboo gold project in Central BC is 28 percent complete, based on costs incurred.By the end of September, the company had incurred C$355 million in project costs, while the estimated remaining cost to... Keep Reading...
27 October
Top 5 ASX Gold Stocks in 2026
The gold price may have receded from the new all-time high above AU$6,860.28 per ounce set in Q1, but the yellow metal was still trading at historic highs in the third quarter.The gold bull market has been well-supported by a number of factors. Among them is the pervading geopolitical turmoil... Keep Reading...
26 October
Boroo Plans C$1.5 Billion Investment to Restart Yukon’s Eagle Gold Mine
Singapore-based Boroo has agreed to acquire Victoria Gold Corp. for up to C$140 million and plans to invest more than C$1.5 billion in the Eagle Gold Mine in Yukon, according to a Thursday (October 22) news release.The company will invest in environmental remediation, mine restart activities and... Keep Reading...
23 October
Editor's Picks: Gold Price Slips Below US$4,000, Expert Says US$3,600 Could be Next
It was a week of downward momentum for gold, which tumbled from above US$4,100 per ounce to below US$4,000 by the end of the period. Silver took a hit as well, sinking from close to US$58 per ounce to below US$54. Those prices represent important levels for both metals. Investors tend to focus... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






