Brightstar Resources to Commence Menzies and Laverton Drilling Program
THE DRILL SERGEANT: Brightstar Resources (ASX: BTR) is about to commence a +30,000 metres reverse circulation (RC) and diamond drilling across the company’s portfolio of gold projects in Western Australia.
Brightstar Resources is drilling to target resource upgrades and extensions in conjunction with feasibility workstreams at Menzies and Laverton, as well as the Second Fortune and Jasper Hills gold projects of Linden Gold.
In March 2024, Brightstar announced the off-market takeover of the unlisted Linden Gold Alliance Limited which is currently operating the underground Second Fortune Gold Mine south of Brightstar’s Laverton project area.
The RC program will kick off at Menzies, where Brightstar aims to increase geological confidence of the Lady Shenton system into Measured and Indicated status, thereby de-risking early stages of mining and providing information for mine planning purposes.
In accordance with the company’s September 2023 Scoping Study, approximately 100,000 ounces of gold are to be mined from open pits within the Lady Shenton system across two virgin pits and a cut-back of the existing Lady Shenton mine.
While all this is happening, Brightstar will be drilling the St Francis prospect not far from the Selkirk deposit, which recently generated $6.5 million profit to the company.
Further RC along with diamond drilling is planned at Cork Tree Well and Linden Gold’s Second Fortune and Jasper Hills (Fish and Lord Byron deposits) projects to target both high-grade underground gold resources and baseload feed open pit targets.
“This drilling program is the start of an aggressive exploration campaign by Brightstar, including deposits within the recently announced Linden Gold merger,” Brightstar Resources managing director Alex Rovira said in the company’s ASX announcement.
“Beyond the initial RC campaign at Menzies, the drill rigs will then head to Brightstar’s Laverton Hub with the view to complete diamond and reverse circulation drilling programs across the enlarged Brightstar portfolio.
“We expect these holes to deliver valuable information for geological, mine planning, geotechnical and metallurgical purposes ahead of the combined pre-feasibility study to be released by the end of the year.
“We’re also targeting greenfields exploration growth at the St Francis and Delta 2 prospects within the Menzies and Laverton gold projects respectively, with both highly compelling targets identified for drill testing.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE