Jasper Hills

The Jasper Hills Project consists of the Lord Byron, Fish and Gilt Key gold deposits approximately 100km southeast of Laverton, Western Australia.

The Mineral Resources present lie in an underexplored greenstone belt SE of Laverton approximately 70km southeast of Brightstar’s processing plant, itself located ~30km southeast of Laverton, WA. The Jasper Hills tenements are central to Brightstar’s plan, using initial near-term revenue to fund exploration and develop the wider Laverton package.

Brightstar are actively developing the underground mine at Fish, with portal access established in April 2025 and first ore intersected later in the quarter.

Underground drilling platforms have also been established ahead of a larger exploration drill campaign which will be targeting Inferred Resources beneath the currently planned development. Exploration targets have also been identified at depth, and the company believes that there is significant potential for reserve replacement, and for the life of mine to be extended beyond the current plan.

Since mining commencement in Q2 2025, ore from Fish UG, as well as remnant stockpile material from Lord Byron, has been processed under an ore processing agreement with Genesis Minerals.

The Lord Byron open pit is scheduled to commence mining in 2026, with ore to be treated at a new 1.5Mtpa Processing Plant at Laverton, for which Brightstar received FID approval in May 2026.

Commissioning is targeted in Q2 2027, and it is expected that Lord Byron will provide the initial baseload feed for the initial six-year LOM from Brightstar’s Goldfields portfolio.