Brightstar Resources (ASX:BTR) started surface exploration at the Fish mine in Western Australia, targeting extensions to the known mineralization and mine life, according to a Wednesday filing with the Australian bourse.
The surface exploration drilling includes eight planned holes totaling 2,620 meters, aiming to test two key areas beneath the planned Fish underground development and current resource area, the filing said.
Meanwhile, mining activities are progressing on schedule, with development ore expected in the coming weeks and first stope production on track for the September quarter, per the filing.
Shares fell nearly 2% in morning trade on Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.