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HomeFinTechBrightstar Resources: Confirms high-grade gold extensions at Cork Tree Well project, WA

Brightstar Resources: Confirms high-grade gold extensions at Cork Tree Well project, WA

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Brightstar Resources Confirms high-grade gold extensions at Cork Tree Well project, WA

  • Brightstar Resources (BTR) reports “high-grade” extensions to gold mineralisation from recent drilling work at its Cork Tree Well (CTW) project in Western Australia
  • The company says the mineralised intervals it intersected confirmed or extended locations of the gold lode in the northern part of the project
  • Brightstar is now planning an additional drilling program to “aggressively” try to grow the size of the system
  • The results from this extra drilling work could enable the company to begin the process of improving the current resource to ‘reserve’ status and initiate a pre-feasibility process
  • Shares in Brightstar are trading grey at two cents per share at 12:46 pm AEST

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