Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Brightstar Resources Limited ( (AU:BTR) ) has issued an update.
Brightstar Resources has reported further strong diamond and reverse circulation drilling results from its 2.4-million-ounce Sandstone Gold Project, including a standout intercept of 411.2 metres at 1.11 grams per tonne gold at the Two Mile Hill-Shillington deposit. Additional high-grade hits at the Whistler and Lord Nelson deposits underline the growing scale and continuity of mineralisation across the Sandstone hub.
The latest assays will feed into an updated mineral resource for Sandstone scheduled for the June quarter of 2026 and an ongoing pre-feasibility study targeted for completion in the second half of 2026. With four rigs currently drilling and Two Mile Hill emerging as a potential bulk-tonnage underground source, the results strengthen the project’s potential to underpin a central processing hub and enhance Brightstar’s future production profile for stakeholders.
The most recent analyst rating on (AU:BTR) stock is a Sell with a A$0.40 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Brightstar Resources Limited is an Australian gold exploration and development company listed on the ASX, focused on advancing its Sandstone Gold Project in Western Australia. The project hosts a multi-million-ounce mineral resource and is being assessed as a multi-deposit processing hub, with key deposits including Two Mile Hill-Shillington, Whistler and Lord Nelson located near a Brightstar-owned plant site.
Average Trading Volume: 7,246,506
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$363.1M
For detailed information about BTR stock, go to TipRanks’ Stock Analysis page.