• Strategic acquisition of Aurumin Limited completed, consolidating Sandstone assets
• Goldfields DFS 2.0 delivered outstanding upgraded economics
• Focused on Goldfields project execution with FID and full funding targeted for March 2026

Brightstar Resources Ltd (ASX: BTR) announced its December 2025 quarterly activities report, highlighting key operational and corporate developments. The strategic acquisition of Aurumin Limited (ASX: AUN) was completed, consolidating Brightstar's Sandstone assets and delivering a consolidated Mineral Resource of 2.4Moz @ 1.5g/t Au. Pre-Feasibility work streams are advancing, with major infill programs nearing completion to underpin a Mineral Resource upgrade in June 2026. The Goldfields 'DFS 2.0' was subsequently released, delivering outstanding upgraded economics including a pre-tax NPV8 of A$606M at A$6,000/oz gold price. Brightstar is now focused on Goldfields project execution with a Final Investment Decision (FID) and a full funding solution targeted for completion in March 2026. Operationally, the group achieved 12% quarter-on-quarter production growth from the Laverton underground mining operations, with the Fish mine delivering a record quarterly production of 5,078oz. Exploration activities continued across the Sandstone, Laverton and Menzies hubs, with excellent results received. The company also announced a Mineral Resource upgrade at its Lady Shenton and Yunndaga development projects, increasing the total Mineral Resource by 22%.

Brightstar is now focused on Goldfields project execution with a Final Investment Decision (FID) and a full funding solution targeted for completion in March 2026.