Brightstar Resources said its Goldfields Project remains on schedule for first gold in June 2027 and is tracking within the approved budget. The company is constructing a 1.5Mtpa processing plant at Laverton.
Post-quarter-end drilling at Two Mile Hill returned a 305m intercept grading 1.33g/t gold from 584m in hole TMHDD26003. Brightstar said the intercept was within host tonalite and below the current 1.45Moz Mineral Resource.
Brightstar also entered a binding agreement with Panther Metals to acquire Panther's rights and interests in five exploration licences comprising the Mikado Project, along with related mining information, third-party agreements and associated assets.
Source: Download BTR official ASX announcement, 2026-10-29.
Laverton processing plant site, September 2026. Source: Brightstar Resources' 29 October 2026 announcement.