BTR.ASX: Sandstone Drilling Reinforces District-Scale Opportunity

Sandstone Drilling Reinforces District-Scale Opportunity

Stock	Brightstar Resources Ltd (BTR.ASX)
Release Time	8 Jul 2026, 8:22 a.m.
Price Sensitive	Yes

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Brightstar Resources Announces High-Grade Gold Assays from Sandstone Drilling

Key Points

High-grade gold intercepts reported from various deposits in the Sandstone Gold Project
Significant infill and extension drilling completed to support upcoming Mineral Resource update
Four rigs are active, focusing on infill drilling and extensional growth-focused drilling
Sandstone Mineral Resource update expected soon, followed by Pre-Feasibility Study in 2H'CY26

Full Summary

Brightstar Resources Ltd (ASX: BTR) has announced further high-grade gold intercepts from ongoing diamond core (DD) and reverse circulation (RC) drilling programs at the Sandstone Gold Project in Western Australia. The project currently hosts a Mineral Resource Estimate (MRE) of 2.4Moz @ 1.5g/t Au. Drilling focused on infill programs at key deposits, including Two Mile Hill-Shillington, Bull Oak, Lord Nelson, Lord Henry, and Indomitable East. The results continue to validate the quality, scale, and development upside of the Sandstone Gold Project. Significant intercepts include 9m @ 4.50g/t Au from 120m at Achilles and 239.7m @ 0.47g/t Au from 5.5m at Bull Oak. The Mineral Resource update is expected soon, with the Pre-Feasibility Study targeted for delivery in the second half of the calendar year 2026.

Guidance

Mineral Resource update expected soon, Pre-Feasibility Study targeted for 2H'CY26

Outlook

The company is advancing towards the release of an updated Mineral Resource Estimate and a Pre-Feasibility Study, aiming to unlock substantial long-term value from the Sandstone Gold Project.