Mining Approvals Received for Lady Shenton Mine in Menzies
| Stock | Brightstar Resources Ltd (BTR.ASX) |
|---|---|
| Release Time | 14 Jan 2026, 8:23 a.m. |
| Price Sensitive | Yes |
Mining Approvals Received for Lady Shenton Mine in Menzies
- Brightstar receives approval for Mining Development and Closure Proposal for Lady Shenton open pit mine
- Lady Shenton deposit (352koz @ 1.4 g/t Au) is 'mine ready' for production
- Lady Shenton to be mined and hauled to Brightstar's proposed CIL processing plant in Laverton
Brightstar Resources Limited (ASX: BTR) is pleased to announce it has received approval from the Department of Mines, Petroleum and Exploration (DMPE) for the commencement of mining operations at the Lady Shenton project, located in Menzies within the Goldfields Hub. With the Native Vegetation Clearing Permit already approved, the Lady Shenton deposit (352koz @ 1.4 g/t Au) is 'mine ready' for production. Within the upcoming Definitive Feasibility Study 2.0 (DFS2.0), Lady Shenton is planned to be mined and hauled to Brightstar's proposed CIL processing plant in Laverton. The approval for the Mining Development and Closure Proposal signifies a key milestone for the development of Brightstar's Menzies assets, which once in operation will represent the first mining to occur since the successful Selkirk mining JV in 2024. Lady Shenton is a low capex, high-margin deposit for Brightstar that complements the broader Goldfields Hub development. Brightstar remains well placed in a strong gold price environment as an unhedged gold producer with its two owner-operator underground mines, a near-term developer of the 1.6Moz @ 1.6g/t Au Goldfields Hub, and a material explorer with a large-scale, under-explored asset at the 2.4Moz @ 1.5g/t Au Sandstone Gold Project.
Brightstar plans to mine and haul the Lady Shenton deposit (352koz @ 1.4 g/t Au) to its proposed CIL processing plant in Laverton as part of the upcoming Definitive Feasibility Study 2.0.
Brightstar remains well placed in a strong gold price environment as an unhedged gold producer with its two owner-operator underground mines, a near-term developer of the 1.6Moz @ 1.6g/t Au Goldfields Hub, and a material explorer with a large-scale, under-explored asset at the 2.4Moz @ 1.5g/t Au Sandstone Gold Project.