Strategic Drill & Blast Agreement executed with Aquirian

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Stock Brightstar Resources Ltd (BTR.ASX)
Release Time 16 Apr 2026, 8:16 a.m.
Price Sensitive Yes
 Brightstar Executes Strategic Drill & Blast Agreement with Aquirian
Key Points
  • Brightstar partners with Aquirian for open pit drill and blast services in Goldfields Hub
  • Drillforce, Aquirian's subsidiary, to provide integrated drill and blast services for Lord Byron open pit mine
  • Aquirian's patented technology to optimize fragmentation and ore preservation, reducing mining dilution
Full Summary

Brightstar Resources Limited (ASX: BTR) has announced that it has awarded an initial three-year agreement for the supply of all open pit drilling and energetics services with Drillforce, a wholly owned subsidiary of Aquirian, for the Lord Byron open pit mine in the Goldfields Hub. This agreement is part of an overarching executed Strategic Framework Agreement between Brightstar and Aquirian for the Goldfields Hub operations on an initial five-year term plus extension options. Aquirian's vertically integrated business and patented technology provides a material value proposition for Brightstar, with a strong operational focus on ore preservation during the drill and blast sequence, which is anticipated to deliver material benefits to Brightstar's open pit mining operations. Aquirian's emphasis on precision, data-driven execution and safety performance is expected to support improved blast performance, optimize material movement and contribute to disciplined cost control, which are key drivers of sustainable production and margin performance to maximize value across Brightstar's operations. In addition to maximizing the performance of the already-defined open pit developments, Brightstar continues to assess opportunities for possible increases to the size of the Lord Byron open pit mine, compared to what was illustrated in the DFS2.0, representing upside to the currently defined mine plan.