Brightstar Resources Achieves Milestone with First Gold Pour at Laverton Mill

Carol Forrest
Gold Bars

Brightstar Resources Limited (ASX: BTR) has successfully completed its maiden gold pour at Genesis Minerals Ltd's Laverton Mill in Western Australia, marking a significant milestone in its 2025 production schedule.

Key Highlights:

  • Maiden gold pour from Laverton Mill, processing ore from Brightstar’s high-grade Second Fortune Underground Mine and Lord Byron open pit stockpiles.

  • Approximately 100.2kg of gold doré produced from initial processing parcel, with around 56,200 ounces of annualised production expected.

  • Metallurgical reconciliation is currently underway, with final production data due within weeks.

  • Brightstar remains debt-free and hedge-free, fully leveraging the record AUD gold price.

  • The Fish deposit at Laverton continues to progress, with underground operations and additional processing parcels scheduled for mid-2025.

Managing Director Alex Rovira commented, "We are thrilled with our first gold pour at Laverton, a key achievement reflecting Brightstar’s strong operational execution and strategic collaboration with Genesis Minerals. Our diversified, high-grade ore sources position us well to continue ramping up production and enhancing shareholder value."

Brightstar's Definitive Feasibility Study (DFS) for its broader Laverton-Menzies project is nearing completion, anticipated by mid-2025, with ongoing exploration programs at Sandstone and Laverton.

Brightstar remains debt-free, fully exposed to the favourable AUD gold price, and strategically positioned for sustainable growth.

For more details, visit www.brightstarresources.com.au.