Brightstar Resources Ltd. reported mining activities are proceeding on schedule with the Second Fortune and Fish gold mines on track for significant production growth In parallel with mining, Brightstar has commenced surface and underground drilling programs to prove up mine life extensions at both mines.
Brightstar’s Executive Director – Operations, Andrew Rich, commented: “It is pleasing to see the hard work from our operations teams paying off, with significant increases in production in recent months at Second Fortune, and the Fish mine producing ahead of schedule as stoping commenced in late August.”
“Brightstar is proud to release a production outlook for the current operations, targeting a monthly group production of 2,400 – 2,800 ounces (oz) at a targeted group all-in sustaining cost range of about $2,500-$2,600 per oz,” he continued. “Additionally, the processing campaign completed in August through Genesis’ Laverton Mill exceeded budget, with a reconciled campaign performance of approximately 52,000 metric tons at 2.68 g/mt gold and a 91% recovery for 4,067 oz recovered. Moving forward, the grade profile of the parcels is expected to increase to +3.0 g/mt gold as the ore feed becomes entirely Second Fortune and Fish underground material.”