Announcement Date: 2022-10-04
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Brightstar Resources Ltd.
Project name: Cork Tree Well
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 2m at 6.05g/t Au from 29m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Brightstar Resources Limited (ASX: BTR) (Brightstar or the Company) is pleased to announce assay results from its successful RC drilling program completed in June at its Delta 2 prospect, located 38km from Laverton in Western Australia and less than 2.5km from the recently improved CTW Mineral Resource Estimate (252koz). 12 RC holes (See Figure 1) were completed by Blue Spec Drilling at the prospect during May – July 2022 for a total of 1,782m (as noted in ASX announcement “Drilling Programs completed at Cork Tree Well, Brightstar South and Alpha Project Areas”, 11 July 2022). These holes were designed to test for an east dipping mineralised structure striking essentially N-S. This design was based on knowledge gained from exploring the CTW deposit and orientations interpreted from the supergene anomaly in the historical aircore drilling (mentioned in ASX announcement “10,000m RC Drilling Program at Cork Tree Well to Commence”, 30 March 2022). The intersection of anomalous gold numbers across three sections over ~300m of strike length has considerably improved the potential for discovery of a significant mineralised system at Delta 2. In particular, the intersections found in bedrock of >1g/t provide an indication of the potential of the system to host more than just a shallow supergene mineralisation. The following sections with interpreted mineralisation are presented from north to south.
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