• Major site works clearing Brightstar's existing Laverton Mill have been completed
• Earthworks and site preparation underway ahead of targeted FID and plant construction
• Competitive FEED process for new 1.5Mtpa processing plant in Laverton completed

Brightstar Resources is advancing the development of its Goldfields Hub Project, a near-term production stage project that will enable a step-change in the company's production profile and economics. Key updates include:- Major site works clearing Brightstar's existing Laverton Mill have been completed, including removal of tanks, steelwork, and old processing equipment, preparing the site for new project development.- Earthworks and site preparation are underway ahead of the targeted Final Investment Decision (FID) and commencement of processing plant construction in late Q1 2026.- Brightstar continues technical work ahead of an updated Definitive Feasibility Study (DFS2.0) due in February 2026, which is expected to outline gold production of ~70,000ozpa for five years, excluding any production from the Second Fortune and Fish mines.- A competitive Front End Engineering Design (FEED) process for a new 1.5Mtpa processing plant in Laverton has been completed.- Engineering, Procurement, and Construction (EPC) tender packages have been received from two engineering firms, with Brightstar's evaluation currently underway.- Site works at the Fish/Lord Byron mine camp site for the expansion to 160 rooms are nearing completion to accommodate the processing plant construction crews and the Lord Byron open pit mining workforce.- Mining approvals have been received for open pit mining at Lord Byron and Lady Shenton, which will complement the existing Second Fortune and Fish operations.- Debt financing discussions are well advanced, with non-binding term sheets in place with three parties for up to ~A$150M of debt funding.