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Brightstar Resources Limited ( (AU:BTR) ) has provided an update.
Brightstar Resources Limited has commenced an underground drilling program at the Fish Mine, part of the Laverton Gold Project, aimed at extending the mine life and enhancing mineral resource classification. The program, divided into two phases, targets deeper mineralization and aims to convert Inferred Mineral Resources into Measured/Indicated classifications to support future mine plan extensions. This initiative is part of Brightstar’s strategy to maximize investment by adding high-grade ounces to the mine plan, leveraging existing infrastructure, and advancing the Fish mine as a key gold production center for the Laverton Hub.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.14 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 production. Its primary operations are centered around the Laverton Gold Project, where it engages in the extraction and processing of gold ore. The company is known for developing low capital expenditure mines and extending mine life through strategic drilling programs.
Average Trading Volume: 2,461,453
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$228.8M
Find detailed analytics on BTR stock on TipRanks’ Stock Analysis page.