Brightstar Resources Encounters High-Grade Gold at Jasper Hills
THE DRILL SERGEANT: Brightstar Resources (ASX: BTR) reported results from a program of diamond drilling completed at the Lord Byron deposit, part of the company’s Jasper Hills gold project in the company’s Laverton Hub of Western Australia.
Brightstar Resources conducted the program with the aim to infill deeper zones of the deposit and increase confidence in the geological interpretation prior to a planned update to the Mineral Resource Estimate (MRE).
Highlighted intercepts from the program include:
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20.39 metres at 3.03 grams per tonne gold from 196.53m, including 1.36m at 9.23g/t gold from 198.21m and 2.34m at 7.72g/t gold from 205.53m;
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22.86m at 1.68g/t gold from 178.24m, including 0.3m at 17.3g/t gold from 179.1m; and
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23.11m at 1.56g/t gold from 202.12m.
The company declared the results to have outlined consistent high-grade, south-plunging shoots, highlighting targets for potential enlarged pit shells and underground mining scenarios.
Further drilling is planned at Lord Byron, scheduled to commence in the first half of 2025 targeting the high-grade shoots at depth below the base of the conceptual pit design.
“The increased geological understanding, and additional metallurgical and geotechnical data will contribute to updated development studies at our Laverton Hub,” Brightstar Resources managing director Alex Rovira said in the company’s ASX announcement.
“The results highlight wide intervals of open-pit mineable gold grades, including discrete zones of high-grade mineralisation identified near the base of, and below, a A$3,000/oz optimised pit shell generated during the 2024 Scoping Study.
“The outcomes of this program represent a major step forward in demonstrating the deposit’s potential for both high-grade and bulk-tonnage mining opportunities, while reinforcing the opportunities at depth which are compelling targets due to the wide and higher-grade nature of the main lode centred on the Bicentennial Shear Zone.”
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