Earnings release
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BRIGHTSTAR RESOURCES LIMITED ASX ANNOUNCEMENT 29 October 2021 SEPTEMBER QUARTER ACTIVITY REPORT 1 Overview of Activities A summary of key activities for Brightstar Resources Limited ( Brightstar or the Company ) ( ASX : BTR ) is outlined below . The Company is pleased to report a productive quarter with a number of important milestones having been achieved . 1.1 Exploration and development work Major work carried out by Brightstar during the quarter includes : 1.2 a . Successful procurement and deployment of Strike Drilling as the drilling company for the Cork Tree Well ( CTW ) RC drill program . b . Preparation and initialisation of the RC drill program at CTW . The 12,000m drilling program commenced on 10th September and as of the 30th September , 24 holes had been completed for 3,430m . This represents approximately a quarter of the total program and is ahead of the projected schedule . C. Reviewed existing assets in the portfolio , including the of King of Creation Project with particular interest in the remaining resource and potential for future upgrades / growth . d . Initial meeting with DMIRS to ascertain timelines and develop strategy for permitting requirements in line with Brightstar's near - term production plans . Extensive historic drill data collated in single database . The majority of data available for the Brightstar lease holdings were collected into a single database . Validation and translation to a single legend is still on - going . Further drill datasets will be added as they become available or can be transferred from analogue to digital datasets to aid current exploration programs and future work programs . COMPANY DIRECTORS AND MANAGEMENT William Hobba Managing Director Yongji Duan Chairman Josh Hunt Non - Executive Director Luke Wang Financial Controller Company Secretary 3/25 Belgravia Street Tel : ( 618 ) 9277 6008 Belmont WA 6104 Fax : ( 618 ) 9277 6002 info@brightstarresources.com.au brightstarresources.com.au ASX : BTR ACN 100 727 491