HIGH-GRADE GOLD ASSAYS DISCOVERED IN MENZIES

Brightstar’s Lady Shenton System Yields Promising Results

Brightstar Resources Limited (ASX:BTR) announced initial assay results from the Reverse Circulation (RC) drilling program at the Menzies Gold Project (Menzies), part of the broader +1.45Moz Au Brightstar portfolio. The program targets gold mineralisation within delineated pit shells and underground designs outlined in Brightstar’s Scoping Studies, along with extensional drilling to grow the current JORC Mineral Resource Estimate.

These results are from the first phase of the RC drilling program at Menzies Gold Project (MGP), with the RC rig currently drilling at the Lord Byron deposit (part of the Jasper Hills project area) and the diamond rig presently at the Second Fortune Gold mine. After completion of drilling within the Laverton Hub, the RC rig will return to Menzies to complete the outstanding holes and conduct exploration RC drilling in the area. The drilling at MGP focuses on infill and extensional drilling at the Pericles, Stirling, and Lady Shenton deposits (collectively, the Lady Shenton System) ahead of feasibility study workstreams in preparation for mining activities in CY2025.

Key drilling intercepts at the Pericles and Lady Shenton deposits include:

  • LSRC24049: 5m at 15.62 g/t Au from 104m, including 1m at 45.76g/t Au from 104m, and 2m at 10.96 g/t Au from 115m.
  • LSRC24051: 2m at 22.32 g/t Au from 95m, including 1m at 42.28g/t Au from 95m.
  • LSRC24053: 7m at 4.94g/t Au from 115m, including 1m at 27.82g/t Au, and 5m at 7.92g/t Au from 128m, including 1m at 28.48g/t Au from 128m.

Shallow intercepts from the Stirling deposit drilling include:

  • STRC24017: 2m at 9.62 g/t Au from 4m, including 1m at 16.50 g/t Au from 44m.
  • STRC24009: 6m at 1.88g/t Au from 16m, and 1m at 4.10g/t Au from 29m.
  • STRC24010: 4m at 2.58 g/t Au from 63m, including 1m at 6.24g/t Au from 65m.

Brightstar’s Managing Director, Alex Rovira, commented,:

These results from the Lady Shenton System highlight the immense potential that Menzies holds. With numerous high-grade hits in all three deposits at Pericles, Lady Shenton, and Stirling indicating mineralisation is still open at depth, we look forward to completing the program once high priority drilling is completed at the Laverton Hub.

We’ve taken the opportunity to bring on a third rig, with two RC rigs presently at Jasper Hills drilling out the Fish and Lord Byron deposits, whilst the diamond rig is maintaining good progress and accuracy with the ‘diamond tails’ being drilled at depth at the Second Fortune Mine. These programs will generate valuable information for our feasibility studies and ongoing mine plans, which will be utilised for geotechnical, metallurgical, and mine planning purposes at our Menzies & Laverton Hubs.

Read the full announcement

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