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Brightstar Resources Initiates Drilling to Extend Lord Byron Gold Deposit

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Brightstar Resources Initiates Drilling to Extend Lord Byron Gold Deposit

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Brightstar Resources Limited ( (AU:BTR) ) has issued an update.

Brightstar Resources Limited has commenced an extensional RC drilling program at the Lord Byron deposit, part of the Laverton Gold Project, aiming to extend the mine life and increase the mineral resource. The drilling targets high-grade mineralization zones identified in previous results, and the program’s success could enhance Brightstar’s operational synergies and future ore reserves, supporting the company’s strategic growth and positioning in the gold mining sector.

The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.57 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 gold mining industry, primarily focused on the exploration and development of gold deposits. The company’s key projects include the Laverton Gold Project and the Sandstone Gold Project, with a market focus on expanding its mineral resource base and extending mine life.

Average Trading Volume: 3,911,663

Technical Sentiment Signal: Buy

Current Market Cap: A$321.5M

Learn more about BTR stock on TipRanks’ Stock Analysis page.

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