Brightstar Resources (ASX:BTR) started the second phase of drilling at the Yunndaga deposit within the Menzies Hub in Western Australia, according to a Thursday filing with the Australian bourse.
The drilling aims to extend the resource and infill further with 5,000 meters of reverse circulation and 2,500 meters of diamond drilling, the filing said.
Shares rose 1% in afternoon trade on Thursday.
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.