Brightstar midas touch brings in high-grade gold | Australian Markets

Brightstar Resources has introduced more of its midas touch to the company’s Western Australian Vanguard camp, 25 kilometres southeast of Sandstone, after hitting uber-high-grade gold, together with a beautiful 1-metre intercept of 76.5 grams per tonne (g/t) from 27m.

The company’s 8500m reverse circulation drilling marketing campaign targeted on its key Vanguard and Vanguard North prospects, that are half of Brightstar’s 1.5-million-ounce Sandstone hub. The program focused infill areas within the present pit shells and step-out zones that may reveal extensions to recognized lodes.

The drill bit repeatedly encountered high-grade gold of more than 20g/t in the shallow domains and lit up at deeper ranges, hinting at wealthy extensions beneath the recognized mineralisation ripe for discovery.

One standout interval from Vanguard North returned 3m at 26.3g/t gold, together with 1m at a staggering 76.5g/t gold intercepted at 30m from floor. Another 1m graded 55g/t gold with a 2m part of 28.8g/t gold from 89m.

At the Vanguard deposit, in the meantime, broader mineralised zones had been intercepted, with 16m strike at 3.65g/t that included a wealthy 4m stretch at 10g/t from 135m. At depth, one other drill gap intersected 2m at 10.1g/t gold at 230m downhole, which is properly beneath the present pit design.

The Vanguard camp’s geological setting makes it notably interesting. Mineralisation on the Vanguard North deposit is hosted within a single, southwest-dipping quartz vein inside a dolerite formation.

At the Vanguard goal, a number of lodes that dip to the northeast are overlaid with a shallow supergene enrichment. Gold is intently related to quartz veining and pyrite, which is a textbook indicator of high-grade potential in Archean greenstone belts.

The Sandstone district presents as an extraordinarily compelling development space within the Western Australia gold sector, with substantial mineral endowment regardless of restricted, systematic exploration traditionally accomplished to unlock the dimensions potential of the belt.

The Sandstone hub already hosts a 1.5-million-ounce gold useful resource grading at 1.5g/t, which Brightstar says is enough to assist early feasibility research to construct a standalone plant.

The company believes it could nonetheless considerably increase the dimensions and high quality of the useful resource base and has an 80,000m absolutely funded drilling program deliberate at web site this yr.

Brightstar plans to feed its latest knowledge into an upcoming useful resource improve, which it hopes will increase the useful resource into the measured and indicated ranks. This might be a essential first step in the direction of work on feasibility research and development planning.

While Vanguard has taken centre stage, it is only one piece of Brightstar’s exploration juggernaut. The company has launched a broader 100,000m drilling program throughout its three key hubs – Sandstone, Laverton and Menzies.

Reverse circulation drill rigs are already turning on the Indomitable Camp at Sandstone and the Yunndaga deposit at Menzies. This follows a profitable spherical of drill testing at Cork Tree Well, which is an element of Brightstar’s Laverton hub.

More assay outcomes are due from different targets within Sandstone, together with Bull Oak, Havilah and the high-profile Lord Nelson prospect. The company additionally expects to obtain drilling outcomes from Laverton and Menzies in the approaching months.

The company operates the high-grade Second Fortune underground gold mine close to Laverton. It is processing Second Fortune ore underneath a 500,000t buy settlement with Genesis Minerals. Brightstar not too long ago marked a main milestone by pouring its first gold final month.

In a game-changing transfer introduced final August, the company consolidated its place in the Sandstone district by integrating the Sandstone and Montague East gold initiatives.

This merger boosted the Brightstar’s world useful resource throughout all three of its hubs to an spectacular 3.0M ounces of gold.

From shallow bonanza hits to deeper discoveries, the latest drilling outcomes at Vanguard seem to signal a rosy future the company at Sandstone, because it pushes on with plans to grow to be a standalone producer.

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