Daily Washington Insider
  • Business
  • World
  • Science
  • Investing

Daily Washington Insider

  • Business
  • World
  • Science
  • Investing
Investing

Further Assay Results from Link Zone Confirms Near- surface Mineralisation Across Multiple Lodes

by admin June 3, 2024
June 3, 2024
Further Assay Results from Link Zone Confirms Near- surface Mineralisation Across Multiple Lodes

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce further assay results from the Link Zone Reverse Circulation (RC) drilling program, part of the large RC and diamond drilling (DD) program across the broader 1.45Moz Brightstar portfolio. The program is targeting gold mineralisation within delineated pit shells and underground designs outlined within Brightstar’s Scoping Studies2,3 along with near-term development assessment of the Link Zone deposit comprising the Westralian Menzies, Merriyulah and Golden Dicks deposits.

HIGHLIGHTS

  • Remaining assays received for the RC drilling completed at the Link Zone deposit at the Menzies Gold Project, part of the +30,000m drilling program1, targeting resource upgrades & extensions across Brightstar’s portfolio
  • Results produced a number of high-grade intercepts, confirming mineralisation within and outside A$3,000/oz Au optimised pit shells at shallow depths
  • Intercepts returned at Link Zone include:
    • LZRC24029:
      • 9m @ 4.4 g/t Au from 18m, including 1m @ 29.1 g/t Au from 18m
    • LZRC24011:
      • 18m @ 1.2 g/t Au from 4m
    • LZRC24016:
      • 1m @ 20.2 g/t Au from 16m
    • LZRC24013:
      • 9m @ 1.75 g/t Au from 23m
    • LZRC24021:
      • 5m @ 2.0 g/t Au from 2m
      • 4m @ 2.4g/t Au from 14m
  • Assays pending for 52 drillholes drilled at the Lady Shenton System targeting areas for infilling and resource confidence growth
  • RC drill rig has commenced drilling at Second Fortune Gold Mine to prepare pre-collars for deep diamond drilling, which will occur after the diamond drill rig completes a geotechnical and metallurgical drill program at Link Zone
  • Metallurgical and geotechnical consultants have been engaged to complete requisite studies for Link Zone after successfully completing their Selkirk workstreams

The first phase of the RC drilling program at the Menzies Gold Project (MGP) has been completed, with the RC rig now drilling at the Second Fortune mine. Drilling at Menzies comprised infill drilling at the Link Zone deposits and the Lady Shenton System. Link Zone is located ~1km south of the 287koz Lady Shenton deposit and ~1km north of the 43koz Lady Harriet System.

The program at Link Zone was focused on areas within and adjacent to A$3,000/oz Au optimised pit shells to potentially upgrade mineralisation into the Measured & Indicated Mineral Resource Estimate (MRE) categories. Further technical studies will follow prior to a potential “Decision to Mine” on the development of a small-scale mining operation, similar to the successful campaign completed at the Selkirk deposit which generated $13 million in profits4.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
True North Copper Appoints Bevan Jones as Managing Director
next post
‘Parade of planets’ appearing in tonight’s night sky – what you need to know

You may also like

Tech 5: OpenAI Closes on US$6.6 Billion in...

October 5, 2024

China’s Central Bank Suspends Gold Buying for Second...

July 10, 2024

Silver47 Announces $3 Million Private Placement

February 19, 2025

Stillwater, USSM Sign MOU to Accelerate US Critical...

October 11, 2024

Finlay Minerals Announces Closing of Non-Brokered Private Placement...

June 10, 2025

EMU NL

June 24, 2024

Why Do Central Banks Buy Gold? (Updated 2024)

May 29, 2024

Trump Threatens to Double Tariffs on Canadian Steel...

March 13, 2025

Danielle DiMartino Booth: Trump, Powell and US Recession...

November 24, 2024

IEF Applauds UK’s £21.7 Billion Carbon Capture Investment

October 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Popular

    • 1

      Tartana Drilling to Verify Upgrading of 45,000 Tonne Copper Resource

    • 2

      Magic mushrooms effective for treating depression – study

    • 3

      Lancaster Resources Welcomes Three Highly Experienced Industry Experts to Its Advisory Board

    • 4

      Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China

    • 5

      UN experts urge Thailand not to deport dozens of Uyghurs to China where they face ‘real risk of torture’

    Categories

    • Business (1,223)
    • Investing (3,070)
    • Science (605)
    • World (3,677)
    Footer Logo

    Disclaimer: dailywashingtoninsider.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 dailywashingtoninsider.com | All Rights Reserved