Brightstar Resources (ASX: BTR) has announced a significant Mineral Resource Estimate (MRE) upgrade across its Laverton and Menzies projects, marking a major milestone in its growth strategy.
The Company now holds over 1Moz in Measured & Indicated resources, with 300koz classified in current or near-term production targets, directly supporting mine plans and economics for the upcoming Definitive Feasibility Study (DFS).
Notable upgrades:
· Lord Byron: 251koz @ 1.5g/t Au, 34% increase in M&I ounces.
· Lady Shenton: 273koz @ 1.5g/t Au, 25% uplift in grade.
· Second Fortune (UG): 40koz @ 13.4g/t Au, 23% grade increase.
· Fish: 49koz @ 4.0g/t Au, 22% increase in total MRE
· Cork Tree Well: 292koz @ 1.4g/t Au, solidified Indicated classification.
· Link Zone: 29koz @ 1.0g/t Au, 38% increase in total resource
All upgraded MREs feed directly into DFS pit and stope designs, mine scheduling, and financial modelling. Ongoing drilling across Laverton, Menzies, and Sandstone is expected to deliver further growth in 2025.
Link to the Announcement: Click Here