MICLERE

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The Miclere Project is located approximately 30km northwest of Clermont in Central Queensland. It is centred on the historic Miclere, Black Ridge and Springs Goldfields on the southeast margin of the late-Proterozoic aged Anakie Inlier. The Miclere Project consists of 17 granted Mining Leases (ML) and two Exploration Permits for Minerals (EPM).

Gold has been mined from shallow surface workings and from underground workings in the Miclere, Black Ridge and Spring goldfields with total production of approximately 100,000 ounces.

The targeted gold mineralisation is interpreted to be a modified placer similar to the Witwatersrand Basin of South Africa with gold occurring as particles within conglomerates and other sediments unconfomably overlying the basement rocks of the Anakie Inlier. Exploration work carried out to date includes surface drilling, as well as development of a 500m long decline to a depth of 65m. Bulk sampling of the sediments from this development returned 2,000 ounces from a 20,000 tonne parcel with a nominal back-calculated grade of 3g/t Au.

There is demonstrated potential for large scale placer type gold mineralisation at the project. The Project is also considered prospective for hard rock gold and base metal mineralisation. BrightStar plans to divest the project to concentrate on the more advanced Kitongo Project in Tanzania.



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