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Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.338 -0.228 (-40.27%)+
Announcement
Release
24 Dec 2025 9:43AM
Price at Release
$0.565
Full Release
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Summary
Brightstar Resources Limited (ASX: BTR) announced a production update for their Laverton mine, revealing that the November campaign resulted in reconciled production of 4,652 ounces of gold. This figure was revised down from an initial estimate of 6,300 ounces due to sub-optimal leaching conditions during processing, which were influenced by an increased proportion of Pyrrhotite-bearing Fish ore leading to low dissolved oxygen levels. Despite this setback, the company's management remains confident in returning to historical recovery rates of over 90% following adjustments. Brightstar continues to meet its production targets, with the Fish mine exceeding budget in recent operations. The company is also advancing its Goldfields assets for a Final Investment Decision by early next year, with planned improvements to increase production and financial performance.
Key Points
  • Reconciled November campaign production was 4,652oz Au.
  • Initial production was estimated at 6,300oz Au.
  • Sub-optimal leaching conditions led to lower recoveries.
  • Adjustments are expected to return recoveries to historical levels.
  • Fish mine exceeded budget in production and costs.
  • Brightstar is advancing towards a Final Investment Decision.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.