• Construction activities advancing on schedule with first gold expected in June 2027
• Gold put options purchased to set floor price for early revenues
• High-grade ore stockpiles growing for processing next year

Brightstar Resources Limited provides an update on the Goldfields Project, highlighting that construction activities are progressing as scheduled. Key milestones include the completion of the first concrete pour for CIL tank foundations and the commencement of steel fabrication for the primary crushing area. Earthworks and site establishment activities are also advancing rapidly. The project remains on track to achieve first gold production in June 2027, with an expected average production of approximately 75koz per annum over an initial six-year mine life. The company has also purchased gold put options covering 60,000oz of production to secure a floor price for early revenues while retaining full exposure to gold price upside. High-grade ore mining continues at the Second Fortune underground mine, with stockpiles growing for processing next year. Open pit mining activities at Lord Byron are scheduled to commence in late CY26 to build ore stockpiles ahead of mill commissioning in JunQ'27.

Brightstar expects average gold production of approximately 75koz p.a. from July 2027.

Brightstar remains focused on delivering the Goldfields Project safely, on schedule, and within budget. The company is also exploring mine-life extension opportunities and expansion scenarios.