|Interest||2.0% Gross Revenue|
|Stage||Care & Maintenance|
|Counterparty||Brightstar Resources Limited (ASX: BTR)|
- The Brightstar Alpha Project is located approximately 35 km West of Laverton, and 15 km from the Brightstar Plant. Brightstar Alpha forms part of Brightstar Resources Limited's ("Brightstar") larger Brightstar Gold Project which contains a combined JORC-2012 compliant resource of 7,192 kt @ 1.9 g/t Au for 445,000 oz Au. In July 2021, Brightstar received confirmation from Como Engineers that the estimated cost to refurbish and expand the processing plant to 650 ktpa would be A$5.5M. Further drilling is planned at Brightstar Alpha to both confirm and expand the resource model which will feed into the company's larger 3-Year Strategic Plan. Gap analysis was completed during the June 2021 Quarter with a view to commencing mining approval works in 2022.
- Further information can be found at this website: http://www.brightstarresources.com.au/14128-2/