Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
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
5 Top Weekly TSXV Stocks: Bravo Mining Gains 74 Percent on Drill Results
next post
Close of Off-Market Takeover Bid for Linden Gold Alliance Limited and Board Updates

Related Posts

Retraction re Mungana Processing Plant Capacity

April 15, 2025

Hempalta Provides Strategic Update Regarding Equipment Sale and...

June 7, 2025

Newmont Divests Akyem Gold Mine to Zijin Mining...

October 10, 2024

Sarama Resources Completes Mt Venn Gold Project Acquisition

July 23, 2025

Senior Loan Facility Refinanced with Nebari

November 14, 2025

Tech 5: Bitcoin Breaks US$100,000, Saylor’s MicroStrategy Loads...

December 7, 2024

Copper Price Update: Q1 2025 in Review

April 14, 2025

Tech 5: Trump to Prioritize Crypto, Biden Blocks...

January 19, 2025

Suki Secures US$70 Million to Drive AI-Assisted Healthcare...

October 16, 2024

Ramp Metals Announces Receipt of Exploration Drill Permits

March 10, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Recent

    • FBI identifies man sought in attack on US Attorney Alina Habba’s office

      November 16, 2025
    • FBI takes suspect in attack on US Attorney Alina Habba’s office into custody, Bondi says

      November 16, 2025
    • FBI arrests suspect in attack on US Attorney Alina Habba’s office

      November 16, 2025
    • MIKE DAVIS: Reagan-appointed judge driven from bench by TDS is a wolf in wolf’s clothing

      November 16, 2025
    • Michelle Obama says America ‘not ready’ for woman president: ‘We saw in this past election’

      November 16, 2025

    Categories

    • Business (1,130)
    • Investing (3,489)
    • Politics (4,261)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.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 © 2025 sportinvestorsleague.com | All Rights Reserved