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Brightstar Resources Limited ( (AU:BTR) ) has shared an update.
Brightstar Resources has reported a suite of high-grade reverse circulation and diamond drilling results across multiple deposits at its 2.4Moz Sandstone Gold Project in Western Australia. The latest intercepts at Bull Oak, Vanguard, Indomitable East, Havilah and Achilles are aimed at infilling and extending existing resources ahead of a planned mineral resource upgrade.
The drilling is designed to de-risk key deposits and feed structural, geotechnical and metallurgical data into an ongoing pre-feasibility study slated for completion in the second half of calendar 2026. With four rigs currently active, management highlights strong growth potential at Bull Oak and Achilles, signalling a push to scale and better define Sandstone’s development profile for future mining.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$2.40 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 2.4-million-ounce mineral resource and is being progressed toward potential mine development through extensive drilling and technical studies.
Average Trading Volume: 8,586,098
Technical Sentiment Signal: Sell
Current Market Cap: A$417.2M
See more data about BTR stock on TipRanks’ Stock Analysis page.