Brightstar Resources (ASX:BTR) has announced impressive results from its recent underground development and drilling at the Second Fortune Gold Mine, located south of Laverton, Western Australia. The company reported high-grade gold intercepts and outlined a plan to ramp up production in 2025.
Brightstar Resources has revealed significant high-grade gold intercepts from their Second Fortune Gold Mine, showcasing the potential for enhanced resource estimates and extended operational life. The company has mined and stockpiled over 14,000 tonnes of development ore, with a focus on increasing production to over 10,000 tonnes per month by 2025. Recent investments in mining infrastructure and the acquisition of Linden Gold have supported these developments. Brightstar is also working on a merger with Alto Metals Ltd to expand its gold resources and capabilities. The forthcoming Mineral Resource Estimate and Definitive Feasibility Study are set to play crucial roles in Brightstar's future growth and operational strategies.
Recent drilling and development results at Second Fortune highlight the potential of the operation. We are encouraged by the high-grade intercepts and are focused on ramping up production to meet our targets for 2025.