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Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.500 -0.06 (-10.71%)+
Announcement
Release
22 Oct 2025 8:19AM
Price at Release
$0.560
Full Release
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Summary
Brightstar Resources Limited has commenced a reverse circulation (RC) drilling program at the Lord Byron deposit, part of the Laverton Gold Project in Western Australia. This six-hole, 1,000-meter drilling initiative is aimed at exploring material extensions to the Lord Byron deposit, which is open to the south along strike and down plunge. The drilling is intended to follow up on a previous successful intercept of 32 meters at 7.16 grams per tonne of gold from 69 meters, which indicated wide zones of high-grade mineralization. These efforts are hoped to enhance the current Mineral Resource, which is part of the Laverton Hub hosting a 0.9 million-ounce estimate. The project is strategically located near Brightstar's proposed new processing plant and aims to contribute to the company's growth strategy through potential mine life extensions.
Key Points
  • Commencement of RC drilling at Lord Byron
  • 1,000m six-hole program aiming for deposit extensions
  • Targeting Mineral Resource growth for potential mine life extensions
  • Previous high-grade intercept of 32m @ 7.16g/t Au from 69m
  • Located within Laverton Gold Project, Western Australia
  • Part of Brightstar's Laverton Hub with 0.9Moz Mineral Resource Estimate
  • Proximity to proposed 1Mtpa CIL processing plant
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.