BrightStar claims new gold discovery

THE DRILL SERGEANT: BrightStar Resources has claimed discovery of a new zone of high-grade gold mineralisation during Stage 2 Reverse Circulation (RC) drilling at the company’s Miyabi gold project.

The newly- revealed Dalafuma prospect lies near the southern margin of the Miyabi Structural Corridor (MSC), which hosts the gold deposits BrightSatr has previously defined at Miyabi.

 

Dalafuma prospect area with drilling. Source: Company announcement

 

Assay results have been received for the first six holes at Dalafuma and include:

–    6 metres at 4.1 grams per tonne gold from 75 metres;
 
–    18m at 18.3g/t gold from 45m, including 6m at 39.8g/t gold from 48m;

–    6m at 2.7g/t gold from 12m; and

–    9m at 2.9g/t gold from 15m;

The drilling was following up targets generated from RAB and RC drilling carried out by BrightStar throughout 2011 at Miyabi.

The new discovery was initially identified by a high-grade intersection of 21m at 6.7g/t gold from 21m, which was drilled during this program.

“These outstanding results confirm that the Dalafuma prospect has the potential to host a substantial, high grade gold deposit,” BrightStar Resources technical director Paul Payne said in the company’s announcement to the Australian Securities Exchange.

“The high grade zone is open along strike and down dip and we have planned follow-up drilling to commence immediately.”

BrighStar said these initial results from Dalafuma suggest the prospect has potential to host a new high-grade gold deposit additional to the 520,000 ounces the company has already reported at the project.