Brightstar Resources has achieved first gold through the Genesis Minerals-owned Laverton mill in Western Australia.
Laverton has processed 56,000 tonnes of ore at a blended grade of two grams per tonne (g/t), producing 100.2 kilograms of gold doré.
“We are thrilled to announce the successful completion of our maiden gold pour at the Laverton mill, marking a key milestone for Brightstar as we execute our 2025 production ramp-up on schedule,” Brightstar managing director Alex Rovira said.
“This achievement, delivered through our strategic partnership with Genesis, underscores our focus on exploring, acquiring and developing assets with near-term cash flow potential and mineable ounces.
“With Brightstar’s current production, additional near-term production and DFS (definitive feasibility study) work imminent, the company is firmly on track to deliver sustained production and value growth.”
Ongoing ore haulage from the high-grade Second Fortune underground mine and existing lower-grade stockpiles at the Lord Byron mine continue and will underpin a second processing parcel.
Under the ore purchase agreement, Brightstar plans to process and sell up to 500,000 tonnes of ore through the Laverton mill into 2026.
Brightstar’s second high-grade ore source at Laverton, the Fish underground mine, continues developments with first ore expected in June quarter this year.
The company hopes to complete the DFS for its wider Laverton-Menzies development strategy in the first half of this year.
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