September Quarter Gold Production Increases by 90%

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Stock Brightstar Resources Ltd (BTR.ASX)
Release Time 14 Oct 2025, 9:20 a.m.
Price Sensitive Yes
 September Quarter Gold Production Increases by 90%
Key Points
  • Underground mining operations delivered 91% mine production growth in the September quarter
  • Total September quarter mined production of 7,002oz
  • Successful ramp-up at Fish mine delivers monthly production record of 2,844oz
Full Summary

Brightstar Resources Ltd (ASX: BTR) is pleased to announce the strong production results at the Second Fortune and Fish underground mines located within Brightstar's Laverton Hub in the September quarter. Gold production from Second Fortune and Fish delivered significant production growth in the September quarter, with mined ounces up 91% from the June quarterly production result. Total September quarter mined production was 7,002oz, including 3,446oz from Second Fortune (32kt @ 3.4g/t Au) and 3,556oz from Fish (37kt @ 3.0g/t Au). Stoping activities at the Fish mine commenced in late August, with September marking the first full month of mining and the commencement of commercial production. The successful ramp-up at Fish delivered a monthly production record of 2,844oz in September, positioning Brightstar at the top end of its production outlook. Brightstar remains fully exposed to the current AUD spot gold price of +A$6,200/oz. The company's exploration and development activities continue, with drilling programs underway across the Sandstone Gold Project, the Lord Byron deposit, and the Fish Mine. Brightstar is focused on maximizing efficiencies and minimizing costs, targeting the lower end of the stated group all-in sustaining cost range of A$3,800-A$4,000/oz.

Guidance

Previously announced group monthly production outlook: 2,400 - 2,800oz per month (annualised equivalent of 29-34koz Au). Group AISC costs range: A$3,800 - A$4,000/oz.