Brightstar Resources (ASX:BTR) updated its mineral resource estimates (MRE) for key deposits in its portfolio, including the Lady Shenton System and Link Zone deposits at the Menzies project and Second Fortune and Fish underground mines in Western Australia, according to a Monday filing with the Australian bourse.
The updates also include near-term production deposits, Lord Byron and Cork Tree Well at the Laverton project, the filing said.
The company's measured and indicated classified mineral resources surpass 1 million ounces of gold, with 300,000 ounces in producing or near-term deposits.
The MRE updates involve drilling programs completed in 2024 for the definitive feasibility study to be released in the first half of the year, according to the filing.
Shares rose 3% in midday trade Monday and earlier reached their highest since March 2022.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。