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Brightstar Resources Limited ( (AU:BTR) ) has provided an announcement.
Brightstar Resources Limited announced the results of a 6,100-meter reverse circulation drilling program at the Yunndaga deposit, part of its Menzies Gold Project. The drilling confirmed high-grade gold mineralization, indicating potential for a significant underground mining operation. The company plans a second phase of drilling to further explore the deposit’s depth and expand its mining inventory, aiming to enhance its resource base and support future mining plans.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$0.06 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 a company operating in the mining industry, focusing on gold exploration and development. Its primary projects are located in the Menzies region, with a market focus on expanding its gold resources and developing underground mining operations.
Average Trading Volume: 1,481,246
Technical Sentiment Signal: Buy
Current Market Cap: A$326.1M
For an in-depth examination of BTR stock, go to TipRanks’ Stock Analysis page.