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Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.550 0.23 (71.88%)+
Announcement
Release
3 Aug 2026 8:36AM
Price at Release
$0.320
Full Release
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Summary
Brightstar Resources Limited announced significant assay results from their drilling programs at the Two Mile Hill-Shillington deposit, part of the Sandstone Gold Project in Western Australia. The project revealed a substantial intercept of 305.4 meters at 1.82g/t gold, suggesting a significant increase in the thickness of the tonalite intrusion. The results included several high-grade gold intercepts, indicating potential expansion of resources. The ongoing drilling aims to enhance resource confidence and support the pre-feasibility study for underground mining. Brightstar's exploration efforts continue to uncover promising mineralization at depth, which may substantially impact the project's scale and economic potential.
Key Points
  • Brightstar Resources Limited reports assay results from the Two Mile Hill-Shillington deposit.
  • Significant intercept of 305.4m at 1.82g/t Au indicating increased tonalite thickness.
  • High-grade gold intercepts observed in drilling results.
  • Ongoing drilling aims to increase resource confidence and support underground mining studies.
  • Potential substantial impact on scale and economic potential of the Sandstone Project.
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.