Further broad intercepts of high-grade gold at Jasper Hills

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Stock Brightstar Resources Ltd (BTR.ASX)
Release Time 5 Feb 2025, 8:21 a.m.
Price Sensitive Yes
 Further broad intercepts of high-grade gold at Jasper Hills
Key Points
  • Significant intercepts including 20.39m @ 3.03 g/t Au and 22.86m @ 1.68 g/t Au
  • Results delineate consistent high-grade, south-plunging shoots
  • Further drilling planned to target high-grade shoots at depth
Full Summary

Brightstar Resources Limited (ASX: BTR) is pleased to announce results from diamond drilling completed at the Lord Byron deposit, part of the 293koz Au Jasper Hills Gold Project. The 13-hole program targeted areas surrounding conceptual A$3,000/oz Au optimised pit shells, developed as part of the 2024 Jasper Hills Scoping Study. Significant intercepts include 20.39m @ 3.03 g/t Au from 196.53m, 22.86m @ 1.68 g/t Au from 178.24m, and 23.11m @ 1.56 g/t Au from 202.12m. The results delineate consistent high-grade, south-plunging shoots, highlighting excellent targets for potential enlarged pit shells and underground mining scenarios. Further drilling is planned at Lord Byron, scheduled to commence 1H CY2025, targeting the high-grade shoots at depth below the base of the conceptual pit design. Brightstar's 2025 drilling campaign is also progressing well at Sandstone, with the RC program now completed at Lord Nelson and the rig now located at the Vanguard camp.

Guidance

Brightstar's 2025 drilling campaign is progressing well at Sandstone, with the RC program now completed at Lord Nelson and the rig now located at the Vanguard camp.

Outlook

Further drilling is planned at Lord Byron, scheduled to commence 1H CY2025, targeting the high-grade shoots at depth below the base of the conceptual pit design.