Australia's Brightstar gains most in about 2 years on WA gold find

Brightstar Resources

27/09/2022 05:31

** Shares of Brightstar Resources Ltd  BTR.AX  gain as much
as 37.5% to A$0.022, biggest intraday jump since Nov. 17, 2020
    ** Miner intersects high-grade gold mineralisation in the
Laverton Gold Belt of Western Australia 
    ** Says the mineralised structure has been identified in
majority of the programme's completed drilling holes 
    ** Says confirmation of potential for extensions of
mineralisation in the section significantly increases potential
for a sizable mineralised position 
    ** Shares touch their highest since Aug. 8
    ** About 1.9 mln shares change hands, 4.6x the 30-day
average of 423,086 shares 
    ** Stock has fallen 64.4% this year, as of last close 
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))