HIGHLIGHTS
Brightstar’s Managing Director, Alex Rovira, commented “The recommencement of ore haulage activities at Second Fortune is exciting to see as the team builds momentum towards the steady state production rate of 12,000 – 15,000t per month by the September quarter 2024, which was the previous mining rate at Second Fortune.
Whilst the operational Linden team on site is focused on safe production, Brightstar and Linden geologists have worked together to design a surface and underground drill program to build confidence in the existing Mineral Resource Estimate as part of Brightstar’s broader +30,000m drilling program across the Menzies and Laverton portfolio in the near term. This forms part of Brightstar’s commitment to unlocking the inherent value in the Linden assets and advancing the enlarged groups’ assets towards development and monetisation of the combined resource base within the Eastern Goldfields.”
TECHNICAL DISCUSSION
The Second Fortune underground mine has a present production run rate of 7,000 – 9,000 tonnes per month with the mine expected to reach steady state production of 12,000 – 15,000 t/month in the September quarter 2024 consistently achieved in recent years. Stoping recommenced in April, along with ongoing capital (decline) and operating (ore drive) development activities in the mine.
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