BTR 6.25% 1.7¢ brightstar resources limited

Ann: Aircore Drilling Contract Signed, page-2

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    Another good read from Bulls n Bears.

    https://www.businessnews.com.au/article/Brightstar-to-drill-test-historic-mining-area


    Brightstar to drill test historic mining area


    A drilling contractor at Brightstar’s project.



    Brightstar Resources has locked in an air-core drill rig to test a grab bag of high-quality targets at its Brightstar South gold project located approximately 40 kilometres southeast of Laverton in WA. Although the target areas have shown significantanomalism, giving up over 5,000 ounces of gold historically, the prospects have inexplicably, never been run to ground with modern exploratory drilling.


    Approximately 2,000m of air-core drillingis expected to be ploughed in over the company’s Rowena, Jubilee and SailorPrince prospects within the Brightstar South region of the Laverton gold belt.

    Historical records from the Sailor Princeprospect area show 4,924 ounces of gold was mined up to the 1930’s. The areaconsists of several historic mine shafts that were mined between 1898 and 1938using non-mechanical means. Brightstar says modern exploration in the immediatearea looks to be limited to surface geochemistry in addition to a small,shallow RC drill program consisting of 9 holes back in 1995.The historic RC drilling data from Sailor Prince was not captured digitally orsubmitted to the department of mines and consequently the effectiveness ofdrilling is impossible to gauge according to the company.

    Jubilee sits adjacent to the EdinburghCastle prospect, located a few kilometres northwest of Sailor Prince. The areawas discovered by a prospector who uncovered approximately 150 ounces of insitu gold that the company says may indicate a more proximal origin for thegold mineralisation.

    The Rowena project area historicallyproduced 110 ounces of alluvial gold from vertical depths of 0 to 8 metres.Historical mining shafts have also been reported in the area with recordsindicating that between 100 to 200 ounces of gold were retrieved during 1898and 1930.

    Air-core drilling is designed to developan anomaly map of the Brightstar South gold project that the company aims toinvestigate in conjunction with aeromagnetic interpretations. Multi elementpathfinder assays will be undertaken to help identify anomalies that maycoincide with structural pathways.

    Thehistoric records of the area and prospecting indicate opportunities for highgrade gold mineralisation that has not been effectively tested by modernexploration. In many cases despite being previously owned by explorationcompanies these projects have suffered from a lack of funding by beingovershadowed by other projects. Brightstar is in a position to provide theseprojects with effective modern exploration to assess any value in thetargets.

    BrightStar Resource’s Managing Director, Bill Hobba


    With a flurry of underexplored historicalgold mines littered around its southern tenure, Brightstar will no doubt belooking forward to getting its teeth stuck into the company’s maiden drillcampaign as it attempts to locate the source of mineralisation in the area.

 
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