Shallow, high-grade gold in Sandstone drilling
| Stock | Brightstar Resources Ltd (BTR.ASX) |
|---|---|
| Release Time | 10 Apr 2025, 8:24 a.m. |
| Price Sensitive | Yes |
Shallow, high-grade gold in Sandstone drilling
- Significant high-grade gold intersections from Vanguard North and Vanguard deposits
- Mineralisation open at depth, with potential for resource growth
- Drilling program aimed to upgrade Mineral Resource to Indicated status
Brightstar Resources has received the final results from a ~8,500m Reverse Circulation (RC) drilling program at the Vanguard camp, targeting extensional and infill resource drilling at the Vanguard and Vanguard North deposits, located within the 1.5Moz @ 1.5g/t Au Sandstone Hub. The drilling has produced numerous high-grade gold intersections, including 3m @ 26.3 g/t Au from 26m, 2m @ 28.8 g/t Au from 89m, and 5m @ 12.5 g/t Au from 154m. The results confirm the shallow, high-grade nature of the mineralisation in the Vanguard Camp, highlighting strong potential for open pit mining options. Both Vanguard and Vanguard North deposits remain open at depth, with strong mineralisation intercepted below the current A$2,500/oz optimised pit shells. The program was designed to improve the drill spacing to enable Mineral Resource upgrades to Measured & Indicated status to underpin economic studies underway. Brightstar's 100,000m CY25 drilling program continues, with RC rigs currently drilling at the Indomitable Camp in the Sandstone Hub, as well as the Menzies Gold Project and Laverton Hub.
Brightstar is excited with the scale potential of its Sandstone Hub, which already hosts a Mineral Resource of +1.5Moz @ 1.5g/t Au. With approximately 80,000m of drilling planned and fully funded to be completed in CY25 at Sandstone, the company expects to see material increases to both the size and quality of the Mineral Resources base.