Diggers and Dealers 2025 Presentation

• Transformative 12 months positioning Brightstar for value creation
• Laverton-Menzies DFS delivers compelling Stage 1 economics
• Acquisition of Aurumin consolidates Sandstone as a district-scale open pit development opportunity

Brightstar Resources Ltd's Diggers and Dealers 2025 presentation outlines the company's transformative 12 months and platform for value creation. Key achievements include the Laverton-Menzies Definitive Feasibility Study, which delivers compelling Stage 1 economics with an NPV8 of $316M, IRR of 73%, and LOM free cash flow of $461M. The company is targeting FID on the 1.0Mtpa Laverton mill in late 2025. Brightstar has also executed a strategic acquisition of Aurumin Ltd, establishing Sandstone as a district-scale open pit development opportunity with a combined 2.4Moz mineral resource. The presentation details Brightstar's three-hub production growth strategy, with the Laverton and Menzies hubs underpinning near-term production growth to ~70kozpa, and the Sandstone hub targeted for PFS completion in 1H 2026. Brightstar's platform is now set for sustained organic growth, with an aspirational target of 200kozpa production by 2029.

Brightstar's Laverton-Menzies DFS delivers a 5-year production profile peaking at 91kozpa and averaging ~70kozpa, underpinned by 235koz of ore reserves at 1.7g/t Au. The DFS outcomes include an NPV8 of $316M, IRR of 73%, and LOM free cash flow of $461M (at a gold price of $5,000/oz).

Brightstar is targeting FID on the 1.0Mtpa Laverton mill in late 2025, with first gold production from the Laverton hub expected in 2027. The company is also advancing the Sandstone hub, with a PFS targeted for completion in 1H 2026, and has an aspirational target of 200kozpa production by 2029.