Unique Crypto Strategies
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Unique Crypto Strategies

Investing

RC Drilling Commenced at Montague Gold Project

by November 13, 2024
November 13, 2024
RC Drilling Commenced at Montague Gold Project

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce the commencement of its inaugural drilling program at the recently acquired1 Montague East Gold Project (Montague), located 70km north of Sandstone in Western Australia’s Murchison region.

HIGHLIGHTS

Brightstar has commenced a ~6,000m Reverse Circulation drilling program at the Montague East Gold Project, targeting depth extensions and infill resource drilling at the Montague-Boulder and Whistler deposits
Montague-Boulder and Whistler are the largest two deposits at Montague, with a combined gold resource of 4.7Mt at 1.8g/t Au for 283koz Au
The program will take approximately four weeks to complete, before mobilising the drill rig to complete a planned drilling program at Alto’s Sandstone Project upon anticipated merger completion in December
Brightstar has also executed a Heritage Protection Agreement between Watarra Aboriginal Corporation and Brightstar Resources over the Menzies Gold Project

With past production in the 1990’s at several deposits across Montague, modern exploration has defined a global resource of 526koz Au which includes a considerable component of shallow oxide material2 which is being targeted for resource growth and preliminary drilling ahead of feasibility study workstreams which are planned to occur during 2025.

Brightstar’s Managing Director, Alex Rovira, commented“With the recent completion of our significant drilling programs across our Goldfields assets in Menzies and Laverton, our exploration efforts are now focused on the Murchison assets located in the Sandstone region. With a +500koz gold endowment across the Montague East Gold Project, we look forward to targeting the largest two deposits which include the 163koz Au Montague-Boulder deposit, and the 120koz Au Whistler deposit.

We believe these assets have a strong possibility of resource growth, and our drill programs are targeting lode extensions at depth and also infilling key areas to provide additional geological information on these deposits to increase mineral resource classification confidence. With a past production of ~150koz, the Montague East Gold Project is a key part of our Sandstone consolidation strategy and our broader aspirations of building a multi-asset and meaningful WA gold mining business.”

Next steps

Brightstar will announce drilling information and assays as this is received, including the outstanding results from the Fish and Lord Byron diamond drilling programs along with RC drilling from the Montague program.

Concurrently with these drilling programs, work continues on the Definitive Feasibility Study and near-term development of mining operations at the Jasper Hills deposit.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
New Tenements Approved to Commence Geological Works
next post
Octava Secures Drilling Contractor for the High-Grade Antimony Project at Yallalong

You may also like

Scoping Study Progressing Well – Key Input Studies...

Dec24 Appendix 5B

FPX Nickel Completes Production Run of Battery-Grade Nickel...

SAGA Metals Completes Petrographic and Geophysical Analysis at...

Radisson Announces Positive Preliminary Economic Assessment for O’Brien...

Charbone Hydrogen Announces Q1 2025 Financial Results

Crypto Market Recap: Metaplanet Buys 1,005 Bitcoin, Plans...

Crypto Market Recap: SEC Drops Ripple Appeal, North...

Gold Price, Markets Trade Flat After US Strikes...

Crypto Market Recap: Bitcoin to Hold “Special Status”...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘Gut check time’: Dissent among Senate GOP ranks threatens to reduce Trump’s...

    • New book reveals what Obama and ‘conqueror’ Trump chatted about in viral moment during Carter’s funeral

    • A piece of the illegally felled Sycamore Gap tree is going on display – and you can hug it

    • EU’s von der Leyen survives parliament confidence vote brought by far-right

    • Osisko Metals Infill and Expansion Drilling Intersects New Wide Mineralization at Gaspé Copper

    Categories

    • Business (540)
    • Investing (2,674)
    • Politics (4,272)
    • Uncategorized (1)
    • World (2,734)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: uniquecryptostrategies.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 uniquecryptostrategies.com | All Rights Reserved


    Back To Top