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Bulls N’ Bears Big Hits looks at notable drill hits recently reported to the ASX last week, led by Brightstar Resources, and followed by Solstice Minerals and Power Minerals.
Project: Two Mile Hill-Shillington deposit, Sandstone gold project, in WA’s Mid West region.
Brightstar Resources barged its way into top place among this week’s Big Hits selections with the kind of gold intercept from its combined reverse circulation (RC) and diamond core drilling virtually guaranteed to sort out the contenders pretty quickly.
The company’s latest assays from the Two Mile Hill-Shillington deposit at its Sandstone gold project in Western Australia’s Mid West region delivered a broad, unconstrained 225.7-metre hit in one hole that graded 3.11 grams per tonne (g/t) gold from 284m.
Within that monster envelope, an eye-catching high-grade core of 19m at 24.3g/t gold from 306m included 1m at a thumping 449g/t gold from 322m. The same hole also returned a deeper 19.1-metre section at 2.76g/t gold from 477m, including 0.8m grading 37.9g/t gold, giving that whole result both scale and sparkle.
As if to prove the big hit wasn’t a one-off, a broad intersection in a second hole rammed the point home with an emphatic 194m at 2.10g/t gold from 286m.
That hefty interval included 13m at 4.35g/t gold from 322m, including 0.8m going 53.6g/t gold from 324.2m and another 13.3m grading 2.27g/t gold from 392m, braced up with a stiff 1-metre slice at 18.1g/t gold from 392m.
The entire intercept was book-ended at the deeper end by a final hurrah – for now – of 6m at 5.54g/t gold from 450m, including a cheeky 1-metre goodbye running 30.2g/t gold from 451m.
Other narrow high-grade spikes included 0.6m at 222g/t gold from 432.5m and 0.4m at 66.9g/t gold from 479.6m.
The object of the drilling was to infill parts of Two Mile Hill, which Brightstar is evaluating for its underground mining potential as part of its pre-feasibility study workstreams. The company says the new results will feed into a planned mineral resource update and could help boost confidence in areas targeted for an upgrade to the indicated category.
The Two Mile Hill-Shillington deposit already hosts an estimated 14.6-million-tonne mineral resource grading 1.6g/t gold for 731,000 ounces.
The broader Sandstone project sits within Brightstar’s expanding WA gold portfolio, which the company says hosts a consolidated JORC-compliant 4.5 million ounces in measured, indicated and inferred categories across its Goldfields and Sandstone hubs.
Brightstar says drilling is ongoing, with its RC and diamond rigs active across multiple deposits and further deep work continuing at the newly identified Shirvington Zone below Two Mile Hill.
But for this week’s purposes, it was the combination of immense width, solid grade and visible gold-grade fireworks that gave Brightstar the nod for this week’s top spot on the podium.
Source: Read the original article on www.smh.com.au
Written by https://futureknowledge.in/
