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Brightstar Resources Ltd (ASX:BTR) has picked up a gold intercept grading 16 metres at 8 grams per tonne (g/t) through infill and extensional drilling at its Yundaga deposit in Western Australia.
The company completed a total of 6,100m of drilling at the deposit – which is part of the wider Menzies gold project near Kalgoorlie – with final results processed.
These revealed results from one hole of 16m at 8.03g/t Au from 220m, including 1m at 33.6 g/t Au from 222m, and 4m at 13.5 g/t Au from 228m. Another hole picked up 13m at 4.70g/t Au from 167m, including 2m at 22.6 g/t Au from 176m.
The goal of this Phase 1 program was infilling areas of the resource which fall within or next to optimised stope shapes, as well as testing for down-dip extensions to known mineralisation.
Drilling results confirm that high-grade mineralisation in Menzies type lodes are present at the deposit, with these comprising nuggetty high-grades and classic pinch-and-swell morphology.
Managing director Alex Rovira said the results had boosted expectations for the deposit.
“Phase 1 assay results from Yunndaga drilling have surpassed our expectations. Intersecting wide zones of consistent high-grade mineralisation is hugely exciting and affirms our focus on advancing Yunndaga as a near term underground mining opportunity at Menzies in parallel with our Lady Shenton open pit project in Menzies,” he said.
“We strongly believe we are only scratching the surface at Yunndaga. The historic mine workings to the south of the Yunndaga deposit extend to over 600m vertical depth, and with over 270koz mined at a grade of +16g/t Au historically, it clearly has high-grade tenor.”
Brightstar has been trading at 70.5 cents.
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