goldfields

🟡 Brightstar’s Modest MRE Increase Boosts Confidence at Lord Byron

ASX‑listed Brightstar Resources has reported a modest increase in the Mineral Resource Estimate (MRE) at its Lord Byron gold deposit in Western Australia, based on recent drilling. The uplift strengthens geological confidence and supports ongoing development planning ahead of a definitive feasibility study (DFS).

Key Facts:

Recent drilling at Lord Byron delivered positive results, expanding known mineralisation and prompting a small MRE increase.

The updated Resource supports confidence in future mine planning and technical studies.

Brightstar is progressing its broader Goldfields Hub strategy, with multiple deposits and a pathway to development.

Expert Insight:
“Even modest increases in mineral resources can meaningfully de‑risk projects and enhance valuation, especially when paired with solid drilling results and ongoing feasibility work,” industry analysts note.

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