Brightstar Begins Second Ore Processing Campaign at Laverton
Konrad Forrest
15 May 2025 | Subiaco, WA – Brightstar Resources (ASX:BTR) has commenced its second ore processing campaign under the Ore Purchase Agreement (OPA) with Genesis Minerals, delivering 55,000 tonnes at +2.0g/t Au to the Laverton Mill.
Ore has been sourced from the high-grade Second Fortune underground mine and existing stockpiles, with the campaign expected to conclude by the end of May.
Key Highlights:
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Fish underground mine on track to deliver first ore in June, boosting future mill feed grades
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Second Fortune now producing ~12kt/month, exceeding its modelled steady-state rate
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Brightstar remains hedge-free, with strong working capital supported by its Ocean Partners facility
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Definitive Feasibility Study (DFS) for Laverton and Menzies projects nearing completion in 1H CY25
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Three additional rigs mobilising across Laverton, Menzies, and Sandstone for expanded drilling
Managing Director Alex Rovira commented:
“With ongoing production, a second underground mine nearing first ore, a DFS near completion, and exploration ramping up, it’s an exciting time for Brightstar. These developments put us on track toward becoming a +200koz p.a. gold producer.”
In parallel, Brightstar is progressing construction at the Fish underground site, including key infrastructure and a 48-room camp. A third ore parcel is being prepared for Q3 processing, with results from the May parcel to be released following metallurgical reconciliation.