- Brightstar Resources (BTR) continues to see high grade gold results at its Cork Tree Well (CTW)
- Final results from the reverse circulation drilling program include 12 metres at 3.47 grams per tonne of gold from 157 metres
- Geological and orebody interpretation has commenced with modelling and estimation to be undertaken as soon as the interpretation is complete
Brightstar Resources (BTR) has seen continued high grade gold results at its Cork Tree Well, north of Laverton in Western Australia.
The company has received the final results from the reverse circulation drilling program at Cork Tree, which include 12 metres at 3.47 grams per tonne of gold from 157 metres and nine metres at 1.46 g/t of gold from 178 metres and five metres at 2.67g/t gold from 226 metres. Intersections over the entire project confirm the tenor and locations of lode compared with geological model.
Managing Director William Hobba said the current results are similar to those previously reported and these assays continue to confirm the orebody model location as well as the thickness and grade of earlier intersections.
“Opportunities for extensions of the orebody have consistently been noted throughout the program and along the strike length of the deposit and this has continued into the final set of results,” he said.
“We look forward to presenting a new resource model in the coming months and delineating high-priority areas at CTW for follow up drilling programs to continue to grow the footprint of the known mineralisation.”
Geological and orebody interpretation has commenced with modelling and estimation to be undertaken as soon as the interpretation is complete.
Brightstar shares were down 20.9 per cent at 5.3 cents at 11:55am AEDT.