InvestSMART

Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.500 -0.05 (-9.09%)+
Announcement
Release
23 Feb 2026 8:24AM
Price at Release
$0.550
Full Release
download
Summary
Brightstar Resources Limited, an Australian company listed on the ASX as BTR, has released results from its diamond and reverse circulation drilling at the Sandstone Hub, highlighting impressive high-grade assays such as 4.2m at 26.7g/t Au from the Musketeer Deposit. The drilling, aimed at infilling key deposits and exploring growth extensions, supports a current Mineral Resource Estimate of 2.4Moz at 1.5g/t Au. The Sandstone Hub is undergoing a Pre-Feasibility Study, and its exploration efforts are backed by a robust financial position and extensive drilling campaign.
Key Points
  • Brightstar Resources Limited (ASX: BTR) announced results from diamond and reverse circulation drilling at the Sandstone Hub.
  • Significant high-grade assay results include 4.2m at 26.7g/t Au from 113.9m at the Musketeer Deposit.
  • Drilling aimed to infill key deposits and test for growth extensions.
  • The Sandstone Hub has a current Mineral Resource Estimate of 2.4Moz at 1.5g/t Au.
  • The Indomitable Camp includes three main deposits: Indomitable, Indomitable East, and Musketeer.
  • The Vanguard deposit results include 15m at 3.23g/t Au from 36m.
  • Brightstar is working on a Mineral Resource upgrade and Pre-Feasibility Study for the Sandstone Hub.
  • Ongoing exploration efforts are supported by a strong balance sheet and a comprehensive drilling campaign.
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.