Brightstar Resources Continues High-Grade Laverton Gold Results
THE DRILL SERGEANT: Brightstar Resources (ASX: BTR) has kept the gold hits coming at the company’s Laverton gold project (LGP) in Western Australia.
Brightstar Resources reported assays from eight geotechnical diamond holes completed at the Cork Tree Well prospect.
Intercepts returned included:
CTWGT004
4 metres at 17.32 grams per tonne gold from 78m, including 1m at 40.15g/t gold from 78m, 0.59m at 37.4g/t gold from 81m and 0.41m at 11.62g/t gold from 81.59m.
“It is pleasing to see further high-grade assays continuing from geotechnical holes from the diamond drilling program that was completed at Cork Tree Well earlier this year,” Brightstar Resources managing director Alex Rovira said in the company’s ASX announcement.
“CTWGT004 returned a significant high-grade intersection…which complements the previously announced intersection of 27.6 metres at 17.77 grams per tonne (CTWMET003) drilled 200m to the north.
“The sixteen Geotechnical drillholes (CTWGT001 – CTWGT016) were drilled into the current optimized $2,750/oz pit shells generated in the 2023 Scoping Study with these holes designed by Brightstar’s independent geotechnical consultants targeting structural and rock mass data for the definitive feasibility study.
“Both CTWGT003 and CTWGT004 were drilled perpendicular to the orebody and thus reported intersections represent estimated true widths of significant mineralised intercepts.
“Given the quality of the assays received from the drilling to date, Brightstar is excited to build on the existing 303,000 ounces at 1.4g/t gold Mineral Resource, which is open both at depth with high-grade plunging shoots and along strike targeting the structurally-controlled mineralised trends.
“The high-grade results returned to date are significantly higher than the current 1.4g/t gold head grade of the Mineral Resource (and 1.85g/t mine grade from the 2023 Scoping Study), representing significant upside to both metrics.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE