Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Brightstar Resources Ltd (BTR.ASX)
Release Time 31 Oct 2025, 8:12 a.m.
Price Sensitive Yes
 Brightstar Resources Ltd Quarterly Activities/Appendix 5B Cash Flow Report
Key Points
  • Strategic acquisition of Aurumin Limited consolidating the Sandstone region with a pro-forma Mineral Resource of 2.4Moz @ 1.5g/t Au
  • Laverton and Menzies Gold Projects advancing to Final Investment Decision with strong economic outcomes
  • Record Group production quarter with 7,002oz Au produced
Full Summary

Brightstar Resources Ltd (ASX: BTR) has reported a productive September 2025 quarter, with key achievements including the strategic acquisition of Aurumin Limited (ASX: AUN) to consolidate the Sandstone region, the advancement of the Laverton and Menzies Gold Projects to Final Investment Decision following a positive Definitive Feasibility Study, and record quarterly production of 7,002oz Au. The company also received mining approvals for the Lord Byron Open Pit Mine, which is now 'mine ready' for development and production in H2 CY26. Brightstar continued to progress a competitive debt financing process for the Laverton-Menzies project, with total project peak funding requirements estimated at approximately $120 million. Operationally, the company achieved record Group production in the quarter, with the Fish underground mine ramping up to nameplate production in September. Exploration activities across the Sandstone, Laverton, and Menzies hubs delivered excellent results, further enhancing the company's growth pipeline. Brightstar also rolled out its 'Company Values' across operations and corporate, as part of its ongoing commitment to culture and leadership development.

Guidance

Brightstar Resources Ltd expects to achieve annualised production of ~34koz Au from its Fish underground mine, aligning with the top end of the company's 2,400-2,800oz/month outlook.