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Brightstar Resources’ Selkirk ore at Gwalia ready for processing ahead of first gold pour

Neil WatkinsonKalgoorlie Miner
The Selkirk open pit at Menzies.
Camera IconThe Selkirk open pit at Menzies. Credit: Brightstar Resources/Supplied

Brightstar Resources has more than 35,000 tonnes of ore ready for processing at Genesis Minerals’ Gwalia plant from Friday.

Brightstar told the ASX on Thursday the ore was the result of open-pit mining at the Selkirk deposit near Menzies, which Kalgoorlie-Boulder mining services firm BML Ventures had now completed.

Brightstar said haulage activities were continuing to add to the stockpile at the surface run-of-mine pad at Gwalia near Leonora.

The company said toll-treatment would start on March 1 and finish when the Selkirk ore stockpile had been depleted, with Brightstar’s inaugural gold pour to follow.

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Brightstar said minesite rehabilitation had already started, with the Selkirk waste rock dump being shaped and contoured ahead of topsoil and seed placement.

Demobilisation of BML’s mining fleet would occur progressively in conjunction with rehabilitation activities.

Brightstar managing director Alex Rovira said gold revenues would be split 50:50 with BML after project cost reconciliations.

“The JV budget utilised a conservative gold price of $2850 per ounce, compared to the current spot price of $3100 per ounce, which will provide a financial upside to the joint venture,” he said.

“We continue to advance the Link Zone deposits at Menzies as a potential additional small-scale mining campaign ... that can be executed contemporaneously with the exploration and development work streams.

“Open-pit optimisations are currently ongoing in parallel with relevant permitting and approval processes for potential expedited development.

“We look forward to sharing news of Brightstar’s inaugural gold pour in March and further activities related to our pre-feasibility study as they occur, including an reverse circulation (drilling) program to commence at Menzies in the near future.”

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