• Laverton Hub ramping up CY25 production with Second Fortune underground mine and Fish underground development
• Sandstone Hub to undergo comprehensive CY25 drilling program to upgrade resources and set platform for future studies
• Dual-track production strategy leveraging Ore Purchase Agreement with Genesis Minerals and future BTR-owned mill refurbishment

Brightstar Resources presented an update on its strategy to become a growing West Australian gold producer. The key highlights include:Laverton Hub: The company is ramping up production at the Laverton Hub in CY25, with the Second Fortune underground mine providing consistent, stable production and cash generation. Development is also underway at the Fish underground mine, which will establish a second high-grade underground operation. Additionally, the company is advancing the Lord Byron and Cork Tree Well open pits as potential 'base load' processing sources. A Definitive Feasibility Study for the Laverton-Menzies project, including the potential refurbishment of Brightstar's own processing infrastructure, is scheduled for delivery in H1 CY25.Sandstone Hub: Brightstar is undertaking a comprehensive ~80km drilling program across the Sandstone Hub in CY25, targeting Mineral Resource upgrades to set the platform for future scoping studies. The company has consolidated a 1.5Moz Au Mineral Resource at Sandstone, with significant exploration upside across the district-scale landholding.Dual-Track Production Strategy: In the near-term, Brightstar has secured an Ore Purchase Agreement with Genesis Minerals to process ore from the Laverton Hub at the Genesis Laverton mill, providing a definitive processing solution to monetize existing production and stockpiles. This will be followed by the potential refurbishment of Brightstar's own processing infrastructure as part of the Laverton-Menzies DFS.The presentation highlights Brightstar's transition to a gold producer with a clear pathway to production growth, underpinned by the Laverton and Sandstone Hubs, and a dual-track strategy to maximize near-term cash flow and future processing flexibility.

Brightstar is targeting production of up to 500,000 tonnes of ore at an average grade of 2.5-3.0g/t Au through the Ore Purchase Agreement with Genesis Minerals in CY25 and Q1 CY26.

Brightstar is focused on ramping up production at the Laverton Hub in CY25, with the Second Fortune underground mine and the development of the Fish underground mine. The company is also undertaking a comprehensive drilling program at the Sandstone Hub to upgrade resources and support future studies.