Brightstar Resources Limited (ASX:BTR) Announces Over 90% Gold Recoveries and Board Resignation
Metallurgical Results
Brightstar Resources Limited (ASX:BTR) reported that metallurgical testwork at Cork Tree Well achieved gold recoveries exceeding 90% across all rock types. The results support the optimisation of a Carbon in Leach (CIL) processing circuit and the company plans to expedite a reverse circulation (RC) drilling program targeting dolerite-hosted mineralisation by March 2025.
Executive Comments
Managing Director Alex Rovira stated, “The results from our testwork program have proven that Cork Tree Well recovers exceptionally well across all rock types and oxidation states. We look forward to sharing the completed metallurgical results for our remaining projects being studied within the DFS.”
Board Changes
Non-Executive Director Matthew Bowles resigned from the Board of Brightstar effective immediately to pursue other business interests within the Australian natural resources sector.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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