{"id":5680,"date":"2024-02-12T00:22:45","date_gmt":"2024-02-12T00:22:45","guid":{"rendered":"https:\/\/economicherald.net\/?p=5680"},"modified":"2024-02-12T00:22:45","modified_gmt":"2024-02-12T00:22:45","slug":"drill-results-at-aspacia-have-revealed-its-potential-to-become-brightstar-resources-next-golden-ticket","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5680","title":{"rendered":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket"},"content":{"rendered":"

6,000m of RC drilling has returned shallow gold hits of up to 18.88g\/t
\nResults confirm >600m of strike along the historically mined underground mine
\nMaiden MRE for Aspacia due for release later this quarter
\nOre haulage from Selkirk has commenced<\/p>\n

\u00a0<\/p>\n

Special Report<\/em><\/strong>: The full set of results from a 28-hole, 6,000m RC drill program at Brightstar Resources\u2019 Link Zone and Aspacia deposit, part of the company\u2019s Menzies project, include high-grade hits of up to 18.88g\/t gold and confirm more than 600m of strike extent at the tenure.<\/strong><\/p>\n

These numbers are typical of historical goldfield production of 787,200oz @ 18.9g\/t, with more than 80% of the holes drilled at Aspacia intersecting +2g\/t of gold mineralisation \u2013 commonly the underground resource cut-off grade for many operations in the WA Goldfields.<\/p>\n

The results are timely for Brightstar Resources (ASX:BTR)<\/strong><\/a> with the maiden mineral resource estimate (MRE) for Aspacia due for release later this quarter.<\/p>\n

\u00a0<\/strong><\/p>\n

Eyes on a maiden resource for Aspacia<\/strong><\/h2>\n

BTR says Aspacia and the adjacent First Hit deposits are shaping up as a second high-grade underground mine operation to complement the proposed Yunndaga underground mine development.<\/p>\n

The prospect is just 800m south of Selkirk, where the company is currently mining in a JV with BML Ventures and within 500m of the First Hit mine \u2013 where 170,000oz was mined underground @ 32g\/t.<\/p>\n

Best intercepts from the assays include:<\/p>\n

1m @ 18.88g\/t Au from 56m (MGPRC068)
\n1m @ 13.91g\/t Au from 60m (MGPRC078)
\n1m @ 13.03g\/t Au from 84m (MGPRC086)
\n1m @ 9.55g\/t Au from 88m (MGPRC069)<\/p>\n

\u00a0<\/p>\n

Regional geology of the Menzies project area. Pic: Supplied (BTR)<\/p>\n

\u00a0<\/p>\n

\u201cThe RC drilling results returned at Aspacia continue to show strong continuity along strike and at depth, with multiple lodes of high-grade, narrow vein gold mineralisation delineated over a significant strike length of >600m,\u201d BTR managing director Alex Rovira says.<\/p>\n

\u201cThis drilling program was designed to test along strike and down dip from known previous drilling intercepts and historical mining records, in preparation for delineation of a maiden mineral resource estimate targeted for release later this quarter.<\/p>\n

\u201cThis mineralisation style is common for the Menzies Goldfield and the Aspacia deposit, where the underground workings were historically mined at >30g\/t Au.<\/p>\n

\u201cIt is encouraging to see the consistency of the gold-bearing structures and intercepts across a strike length of 600m and up to 180m down dip and still open across the deposit.\u201d<\/p>\n

Rovira says the lode widths and grades observed are comparable to current underground mines in WA, including the East Kundana JV between Evolution Mining (ASX:EVN)<\/strong><\/a> and Silver Lake Resources\u2019 (ASX:SLR)<\/strong><\/a> Rothsay gold mine.<\/p>\n

Along with the adjacent First Hit mine, which produced some 195,000oz from a shallow open pit and narrow vein underground mine, he notes the broader Aspacia area presents as an exciting potential high-grade underground mine complex.<\/p>\n

\u201cThese compelling targets will be considered in line with the proposed mining operations outlined in the 2023 scoping study which outlined a pathway to delivering 153,000oz of recoverable gold with a low capex, toll-treat processing solution for the broader Menzies gold project,\u201d Rovira says.<\/p>\n

\u201cWe are also encouraged by Link Zone also delivering economic (+0.5g\/t gold) hits in 12 of 15 holes drilled in late 2023 complementing the existing results announced on 22 January 2024.\u201d<\/p>\n

\u00a0<\/strong><\/p>\n

Selkirk ore on its way to Gwalia<\/strong><\/h2>\n

Elsewhere, as part of BTR\u2019s mine development strategy, haulage has begun from the Selkirk mine JV with BML Ventures, with >8,000t of high-grade ore at the Gwalia ROM pad for processing by Genesis Minerals (ASX: GMD)<\/strong><\/a>.<\/p>\n

BTR in early-stage discussions with potential mining partners to assess the potential for a second small mining campaign at the Link Zone, with a similar scope to that of the current Selkirk mining JV<\/strong><\/a>.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Brightstar Resources, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

6,000m of RC drilling has returned shallow gold hits of up to 18.88g\/t Results confirm >600m of strike along the historically mined underground mine Maiden [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5681,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nDrill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=5680\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"6,000m of RC drilling has returned shallow gold hits of up to 18.88g\/t Results confirm >600m of strike along the historically mined underground mine Maiden [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=5680\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T00:22:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket\",\"datePublished\":\"2024-02-12T00:22:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680\"},\"wordCount\":694,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/BTR-image-6-1-nn0PJC.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5680#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=5680\",\"name\":\"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/BTR-image-6-1-nn0PJC.jpeg\",\"datePublished\":\"2024-02-12T00:22:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5680\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/BTR-image-6-1-nn0PJC.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/BTR-image-6-1-nn0PJC.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5680#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=5680","og_locale":"en_US","og_type":"article","og_title":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald","og_description":"6,000m of RC drilling has returned shallow gold hits of up to 18.88g\/t Results confirm >600m of strike along the historically mined underground mine Maiden [more...]","og_url":"https:\/\/economicherald.net\/?p=5680","og_site_name":"Economic Herald","article_published_time":"2024-02-12T00:22:45+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=5680#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=5680"},"author":{"name":"","@id":""},"headline":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket","datePublished":"2024-02-12T00:22:45+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=5680"},"wordCount":694,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=5680#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=5680#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=5680","url":"https:\/\/economicherald.net\/?p=5680","name":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=5680#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=5680#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg","datePublished":"2024-02-12T00:22:45+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=5680#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=5680"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=5680#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/BTR-image-6-1-nn0PJC.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=5680#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Drill results at Aspacia have revealed its potential to become Brightstar Resources\u2019 next golden ticket"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5680"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/5681"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}