{"id":2060,"date":"2024-03-13T12:08:36","date_gmt":"2024-03-13T12:08:36","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/13\/brightstar-completes-maiden-gold-pour\/"},"modified":"2024-03-13T12:08:36","modified_gmt":"2024-03-13T12:08:36","slug":"brightstar-completes-maiden-gold-pour","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/13\/brightstar-completes-maiden-gold-pour\/","title":{"rendered":"Brightstar Completes Maiden Gold Pour"},"content":{"rendered":"<p><strong>Brightstar Resources Limited<\/strong> (ASX: BTR) (Brightstar) is pleased to announce that the first gold bars from processing of ore from the Selkirk Mining JV have been produced, with ongoing gold processing activities at Genesis Minerals\u2019 Gwalia processing plant located near Leonora, WA. <\/p>\n<p><strong>HIGHLIGHTS<\/strong><\/p>\n<p>Maiden gold pour marks Brightstar\u2019s first gold from the Selkirk Joint Venture at the Menzies Gold ProjectAll ore from Selkirk has been hauled and stockpiled at Genesis Minerals\u2019 Ltd (ASX: GMD) Gwalia ROM PadProcessing and gold pours ongoing, with 50% of net project cashflows to be generated and distributed to Brightstar upon final reconciliation <\/p>\n<div><strong>Brightstar\u2019s Managing Director, Alex Rovira, commented<\/strong><em>\u201cWe are thrilled to announce Brightstar\u2019s inaugural gold pour from the Menzies Gold Project, with 38.7kg of gold dor\u00e9 poured yesterday at the Gwalia gold plant.<\/em><\/div>\n<p><em>Our Joint Venture partner, BML Ventures, has confirmed that all ore has been hauled to Gwalia, with project and fleet demobilisation both progressing on schedule. The Selkirk Mining JV been conducted in a safe, productive and professional manner with gold revenues to be split on a 50\/50 basis after project cost reconciliations.<\/em><\/p>\n<p><em>We anticipate several more gold pours over the next few weeks, and look forward to updating the market with finalised cashflow updates once all gold revenue and project costs have been finalised for the Selkirk Mining JV.\u201d  <\/em><\/p>\n<p>This ASX announcement has been approved by the Managing Director on behalf of the board of Brightstar. <\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce that the first gold bars from processing of ore from the Selkirk Mining JV have been produced, with ongoing gold processing activities at Genesis Minerals\u2019 Gwalia processing plant located near Leonora, WA. HIGHLIGHTS Maiden gold pour marks Brightstar\u2019s first gold from the Selkirk Joint Venture [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/2060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=2060"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/2060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/2061"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=2060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=2060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=2060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}