Brightstar has commenced ore haulage from its Laverton Hub in Western Australia to Genesis Minerals under a previously announced ore purchase agreement (OPA).
Over the course of 2025 and the first quarter of 2026, Brightstar will deliver, sell and process up to 500,000 tonnes of gold at Genesis’ Laverton mill from its Laverton Hub in line with the OPA.
The company expects sufficient ore to be delivered to the Mt Morgans mine to allow for a first processing campaign and gold pour in March.
Brightstar managing director Alex Rovira said the commencement of haulage to Mt Morgans is a major milestone for Brightstar following months of mine development, approvals and commercial work streams.
“We are now well positioned to see a return on this time and capital invested, particularly at a time of record (Australian dollar) gold prices,” he said.
“The introduction of a second underground mine at the Jasper Hills gold project will add additional high-grade ore into our production profile and diversify the company’s production across the Laverton Hub.
“Contemporaneous with the gold production from our Laverton Hub via the OPA, definitive feasibility study (DFS) work continues apace on Brightstar’s Menzies and Laverton assets that will position Brightstar to become a multi-asset gold producer across multiple mines and locations.”
Rovira said the geology team is focused on the more than 55,000m extensional and infill drilling program at the Sandstone gold project to rapidly grow and improve the existing 1.5 million ounce mineral resource and move that asset through the development pathway towards production opportunities.
The OPA provides the company with a definitive processing solution to monetise existing value of its stockpiles and sets a platform for Brightstar to construct its second underground mining operation at the Fish underground development project.
The OPA also provides Brightstar with an avenue to expand the company’s production profile and operational cash flows as a transitional step while DFS work to restart Brightstar’s own Laverton processing infrastructure advances.
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