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Brightstar Resources Limited ( (AU:BTR) ) has issued an update.
Brightstar Resources Limited has announced promising results from its ongoing reverse circulation drilling program at the Sandstone Gold Project, revealing significant high-grade gold intercepts. These results are part of a larger 100,000-meter drilling initiative designed to increase the size and quality of the existing mineral resource, which is expected to bolster the company’s pre-feasibility study due in 2026 and enhance its market positioning following a merger with Aurumin Limited.
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 operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the Sandstone Gold Project located in the East Murchison region of Western Australia, aiming to expand its mineral resources and enhance its market position.
Average Trading Volume: 1,962,647
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$228.8M
For detailed information about BTR stock, go to TipRanks’ Stock Analysis page.