Brightstar Resources hits bonanza gold in underground diamond drilling at Second Fortune
Mon Feb 10 2025
Brightstar Resources Ltd has completed a successful infill and extensional diamond drilling campaign underground at the Second Fortune Gold Mine in Western Australia, with bonanza-grade results up to 1.16 metres at 30.36 g/t from 101.6 metres and 0.42 metres at 65.44 g/t from 164.33 metres.
As well as high-grade results, the drilling program also provided important geological information that will inform mine planning, scheduling and a mineral resource update that BTR expects to complete in the first half of 2025.
Consistently high-grade gold
“The latest round of underground diamond drilling has continued to illustrate the consistency of the narrow-vein, high-grade gold at Second Fortune," said Brightstar’s managing director Alex Rovira.
“The underground drilling program was designed to infill certain areas to increase confidence in the upcoming resource update, whilst also drilling extensional holes at the edges of the known ore body and the extents of the current mine plan.
“These results provide the platform for effective mine planning at Second Fortune, which is currently providing high-grade material for processing through our Ore Purchase Agreement with Genesis Minerals.
“Brightstar is continuing to add value across all the project areas and development pipeline, with a large ongoing surface reverse circulation (RC) exploration drilling continuing at Sandstone whilst the definitive feasibility study for our Menzies and Laverton operations advances towards completion.”
BTR says the results of its drilling program confirm the consistent presence of multiple parallel veins, of a narrow and high-grade nature, open at depth for further exploration.
Assays of note include:
The company says ore haulage of the high-grade Second Fortune stockpiles is progressing well, with material awaiting processing at Genesis Minerals’ Laverton mill in March 2025, when BTR expects to achieve its first gold pour.
Source: https://www.proactiveinvestors.com.au/