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Brightstar Resources Limited ( (AU:BTR) ) has issued an announcement.
Brightstar Resources has reported significant early-stage exploration success from a 22,000-metre aircore drilling program at its Sandstone Hub in Western Australia, with standout gold intercepts at the Indomitable North and Bollinger prospects near the existing 0.3-million-ounce Indomitable resource. The promising first-pass results have generated high-priority targets for follow-up reverse circulation and diamond drilling set to begin in 2026, supporting Brightstar’s strategy to grow resources, enhance geological and metallurgical understanding, and advance the Sandstone project toward development and an upcoming pre-feasibility study, potentially strengthening its position in the regional gold sector.
The most recent analyst rating on (AU:BTR) stock is a Hold with a A$0.60 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 Hub project in Western Australia, which hosts a 2.4-million-ounce gold mineral resource at an average grade of 1.5 grams per tonne. The company is pursuing a combination of greenfields exploration and brownfields drilling, alongside feasibility study work, to progress Sandstone toward potential development and improve resource confidence and project economics.
Average Trading Volume: 5,358,909
Technical Sentiment Signal: Buy
Current Market Cap: A$427M
For detailed information about BTR stock, go to TipRanks’ Stock Analysis page.