High-grade results incl 16m @ 8g/t Au in Menzies drilling
| Stock | Brightstar Resources Ltd (BTR.ASX) |
|---|---|
| Release Time | 20 May 2025, 8:25 a.m. |
| Price Sensitive | Yes |
High-grade results incl 16m @ 8g/t Au in Menzies drilling
- Brightstar receives final results from ~6,100m RC drilling program at Yunndaga deposit
- Highlights include 16m @ 8.03g/t Au from 220m, 13m @ 4.70g/t Au from 167m, and 11m @ 3.32g/t Au from 215m
- Results confirm presence of high-grade mineralisation, with second phase of drilling planned to target resource extensions and infill
Brightstar Resources has received final results from a ~6,100m reverse circulation drilling program targeting infill and extensional resource drilling at the Yunndaga deposit, located within the 0.6Moz @ 1.4g/t Au Menzies Gold Project. Highlights include YNRC25022 intersecting 16m @ 8.03g/t Au from 220m, including 1m @ 33.6g/t Au from 222m and 4m @ 13.5g/t Au from 228m. Other significant results include 13m @ 4.70g/t Au from 167m in YNRC25026, 11m @ 3.32g/t Au from 215m in YNRC25023, and 12m @ 2.34g/t Au from 156m in YNRC25027. The drilling has confirmed the presence of high-grade mineralisation in typical Menzies-style lodes, with nuggetty high-grades and classic pinch-and-swell morphology. A second phase of drilling is planned to commence in June, targeting resource extensions at depth and further infill of likely near-term underground mining areas.
Brightstar is targeting an upgrade to Mineral Resources and declaration of Ore Reserves at Yunndaga by late 2025.
Brightstar believes it is only scratching the surface at Yunndaga, with the historic mine workings extending to over 600m vertical depth and producing over 270koz at +16g/t Au. The company plans to follow up the initial phase of confirmatory drilling with both diamond and RC rigs to further test infill and extensional targets, seeking to grow the extents of the mineralisation and improve the quality of the Resource to underpin future mine planning.