High Grade Exploration Success Continues at Sandstone

Key points

• Brightstar received assay results from drilling at the Bull Oak deposit, part of the Sandstone Gold Project.
• Significant high-grade gold intercepts include 7m @ 119g/t Au and 1m @ 751g/t Au.
• The results are expected to upgrade a portion of the Mineral Resource from Inferred to Indicated category.

Full summary

Brightstar Resources Limited (ASX: BTR) has announced significant assay results from reverse circulation drilling at the Bull Oak deposit, part of the Sandstone Gold Project. The drilling program aimed to infill the current Mineral Resource and upgrade the classification of a significant portion of the Mineral Resource from Inferred to Indicated category. The results include high-grade gold intercepts such as 7m @ 119g/t Au and 1m @ 751g/t Au, indicating potential for further resource growth. The Bull Oak deposit, with a current Mineral Resource Estimate of 10.5Mt @ 1.0g/t Au for 322koz Au, remains open at depth and is being assessed as a significant open pit mining operation. The company's Managing Director, Alex Rovira, highlighted the potential of the deposit and its similarity in geology to the nearby Two Mile Hill deposit.

Outlook

The company is optimistic about the potential for further growth in the Bull Oak deposit and plans to incorporate the latest results into the next Mineral Resource update. Follow-up drilling and exploration at the deposit and nearby analogues are planned as part of upcoming programs.