BTR 0.00% 1.7¢ brightstar resources limited

Ann: Expanded Drill Program at Cork Tree Well, page-2

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    BRIGHTSTAR BACKING GROWTH AT CORK TREE WELL
    Exciting new RC drill programs at Cork Tree Well project
    targeting northern extensions of main lode (‘Delta’ and new
    ‘Delta 2’ target.
    Delta program focused on growing the JORC Resource over
    1,000m north of the current deposit.
    Delta 2 program designed to identify primary mineralisation
    under strong aircore mineralisation.
    Drill rig on-site to commence drilling next week.
    Brightstar Resources Ltd (ASX: BTR) (Brightstar or the Company) is excited
    to announce the imminent commencement of an RC drill program at the
    Cork Tree Well (“CTW” Project in the Laverton district of Western Australia.
    CAMPAIGN INTENDED TO GROW RESOURCES
    After successfully completing the productive extensional drilling campaign
    late last year it was evident that further drilling would be needed to
    understand the “size of the prize" at Cork Tree Well. The drillholes were still
    intersecting highly anomalous primary mineralisation both down-dip and
    north along strike from previous drilling and outside the boundary of the
    existing Resource envelope. Positively, the previous drilling program could
    not determine the edge of the orebody, therefore requiring further drilling
    programs extensions.
    Brightstar Resources Managing Director William Hobba stated:
    “An update of the MRE for Cork Tree Well is underway, however the
    consistent positive drill intersections from last year’s program have
    indicated a pressing need for further extensional drilling. Coupled with the
    acquisition of E38/3434 in March 2022 containing the exciting Delta 2 project
    which has the potential to create a second Resource in the project area.
    Brightstar is keen to grow these opportunities aggressively and effectively.”
    The Kalgoorlie based expert team of Blue Spec Drilling has teamed up with
    Brightstar to undertake both programs.
 
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