• Reconciled blended head grade of 2.51 g/t Au, exceeding initial estimate
• Strong recovery rate of 94.25%, yielding 4,297 ounces of gold
• Next processing parcel scheduled for May 2025, with ongoing haulage

Brightstar Resources Limited (ASX:BTR) is pleased to announce the reconciled performance of its maiden processing campaign (Parcel 1) at Genesis Minerals Ltd's Laverton Mill, completed under the Ore Purchase Agreement (OPA) with Genesis Minerals Limited (Genesis) announced on 9 December 2024. The campaign, which ran from 7 to 15 March 2025, processed 56,449 tonnes of ore sourced from the high-grade Second Fortune Underground Mine and lower-grade Lord Byron open pit stockpiles. The reconciled blended head grade of 2.51 g/t Au surpassed the initial blended estimate of +2.0 g/t Au, with a strong recovery rate of 94.25%, resulting in 4,297 ounces of gold produced. This successful outcome reinforces Brightstar's production growth ambitions and the value of the partnership with Genesis Minerals, delivering a robust start to the Company's CY25/26 production program. Brightstar's Managing Director, Alex Rovira, commented 'The reconciled results from Parcel 1 highlight the value of our Laverton production hub and the operational ability of our mining teams to deliver gold production and cash flows to Brightstar. The reconciled blended head grade and high recovery rate exceeded our expectations, positioning Brightstar to capitalise on record AUD gold prices as we scale up our operations.' Haulage continues from Second Fortune and Lord Byron to prepare a second processing parcel, scheduled for May 2025. The Company's Definitive Feasibility Study (DFS) on its broader Laverton-Menzies development strategy is progressing well, with delivery on track for in 1H CY25 to further delineate Brightstar's path to becoming a significant, multi-mine ASX-listed gold producer.

Brightstar remains debt-free and hedge-free with full exposure to the record AUD gold price. Once the Fish mine is operational in the JunQ, ongoing Brightstar production to be focused on two high-grade underground mines to increase head grade to the Laverton Mill.

Brightstar is building momentum towards sustained production growth and increased cash flows to fund the broader growth objectives across the Company's portfolio. The Definitive Feasibility Study on the wider Laverton-Menzies development strategy remains on track for delivery in 1H CY25.