Mining Approvals Received for Lord Byron Open Pit Mine

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Stock Brightstar Resources Ltd (BTR.ASX)
Release Time 22 Sep 2025, 8:25 a.m.
Price Sensitive Yes
 Mining Approvals Received for Lord Byron Open Pit Mine
Key Points
  • Brightstar receives approval for Mining Proposal and Mine Closure Plan for Lord Byron Open Pit
  • Lord Byron open pit is 'mine ready' and on track for development and production in H2 CY26
  • Lord Byron is less than 10km from the operational Fish underground mine
Full Summary

Brightstar Resources Limited (ASX: BTR) is pleased to announce it has received approval from the Department of Mines, Petroleum and Exploration (DMPE) for its Lord Byron project, located approximately 85km to the south-east of Laverton. The approval closes out the environmental approval process for Lord Byron, with the Native Vegetation Clearing Permit (NVCP) having been approved in July 2025. In line with the DFS timetable and deliverables, Brightstar is now positioned to commence development of the Lord Byron Open pit in H2 CY26, well ahead of commissioning the proposed new 1Mtpa CIL processing plant in Laverton. The Stage 1 Lord Byron mine comprises a single open pit containing 1.6Mt @ 1.4g/t for 71koz produced, a strike length of 1km and depth of up to 130m. Brightstar's recent drilling at Lord Byron has indicated significant potential for increases to Mineral Resource and potential mine inventory, including a result of 32m @ 7.16g/t Au from 69m. The Lord Byron open pit is located less than 10km from Brightstar's operational Fish underground mine, with surface infrastructure items already in place as a result of the construction of Fish, resulting in streamlined, low capex development.

Outlook

Brightstar is targeting the commencement of construction of the Laverton processing plant in Q1 2026, which enables mining to commence at Lord Byron early in the 2H CY26 in order to stockpile mill feed ahead of commissioning.