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Brightstar Resources Limited ( (AU:BTR) ) has provided an announcement.
Brightstar Resources Limited has announced significant progress in its Sandstone Gold Project, aiming to establish a new long-life production center in Western Australia’s Goldfields. The company is advancing a Pre-Feasibility Study (PFS) with a target completion in the first half of 2026, supported by an aggressive drilling program and various studies to optimize operations. Brightstar’s exploration efforts are expected to enhance its mineral resource estimates and support its goal of becoming a +200,000 ounces per annum gold producer within five years. The development of the Sandstone project is set to coincide with peak operations at its Laverton and Menzies sites, potentially strengthening its position in the gold mining sector.
More about Brightstar Resources Limited
Brightstar Resources Limited is a company in the mining industry, focusing on gold production in Western Australia. The company aims to become a mid-tier gold producer through its multi-hub strategy, with key projects including the Sandstone Gold Project, Laverton, and Menzies operations.
YTD Price Performance: 1.00%
Average Trading Volume: 1,169,318
Technical Sentiment Signal: Sell
Current Market Cap: A$238.7M
Learn more about BTR stock on TipRanks’ Stock Analysis page.
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