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Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.325 -0.225 (-40.91%)+
Announcement
Release
5 Feb 2026 8:17AM
Price at Release
$0.550
Full Release
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Summary
Brightstar Resources Limited announced high-grade assay results from its reverse circulation (RC) drilling programs at the Sandstone Hub, revealing significant gold mineralization. The drilling targeted key deposits including Achilles, Lord Henry, Vanguard, and Shillington-Two Mile Hill, with notable assays showing gold grades as high as 125g/t Au. The aim was to support ongoing Pre-Feasibility Studies and resource upgrades. The results suggest potential growth extensions and support the company's strategy to advance the Sandstone project towards a Final Investment Decision. The drilling campaign, now underway for 2026, will complete infill drilling and commence extensional drilling to enhance the Mineral Resource base.
Key Points
  • High-grade assays up to 125g/t Au from Sandstone RC drilling.
  • RC drilling programs at Sandstone targeted infill and extensions.
  • Significant deposits include Achilles, Lord Henry, Vanguard, and Shillington-Two Mile Hill.
  • Results to feed into Mineral Resource upgrade and Sandstone PFS.
  • 2026 drilling campaign to complete infill and start extensional drilling.
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.