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Map showing Aurumin and Brightstar's Sandstone projects

Bulls N' Bears 21 Jul 2025

Aurumin gives nod to Brightstar merger for Sandstone gold consolidation

A compelling link-up between Aurumin Limited and Brightstar Resources will see the consolidation of their respective Sandstone gold assets into a major gold resource. The two companies have entered a scheme implementation deed, paving the way for a scrip-based deal that will enable Brightstar to acquire Aurumin via one Brightstar share for every four Aurumin shares.

Bulls N' Bears 09 Nov 2023

Brightstar ahead of gold schedule with first ore mined

Brightstar Resources has mined the first ore at its Selkirk deposit that forms part of the company's Menzies gold project, with 1500 tonnes of ore at 3.01 grams per tonne gold stockpiled and ready for processing. Mining is being undertaken by Goldfields-based BML Ventures, which is part of a 50:50 joint venture with Brightstar to mine the Selkirk deposit.

Bulls N' Bears 10 Oct 2023

Brightstar project boosted by $60.9m plant valuation

Brightstar Resources says an independent $60.9 million valuation of its gold plant and infrastructure in WA's far northern Goldfields represents significant development advantages ahead of a mining restart at its Menzies and Laverton gold projects. Management says the estimation outlines expenditure the company will not have to pay and the time it will save during the building process because it already has the existing infrastructure.

Bulls N' Bears 06 Sep 2023

Brightstar to churn out $153m free cash in eight years

A Brightstar Resources scoping study has revealed the company will punch out an EBITDA of $153 million over an eight-year mine life at its dual Menzies and Laverton gold projects in Western Australia. The study outlines an initial target of 5.28 million tonnes at 2g/t gold for 322,617 ounces and an extraordinary pre-tax internal rate of return of 79 per cent.

Bulls N' Bears 25 Aug 2023

Brightstar leaps to producer status with first Selkirk blast

Brightstar Resources has made the milestone jump from explorer to producer status following the inaugural blast on the cutback of its Selkirk joint venture open-pit mine in Western Australia's historic Menzies goldfields. Mining is expected to run for about six months, with ore being stockpiled in Menzies, and the company is anticipating its maiden gold pour early next year.

Bulls N' Bears 24 Aug 2023

Brightstar pops cork on glittering gold grades

Brightstar Resources has its sights set firmly on building its gold resource after revealing results from its latest 2000m reverse-circulation drilling campaign at its Cork Tree Well deposit in the Laverton Gold Belt. The results include 1m at 109.6g/t from 167m and 3m at 8.7g/t from 197m and interpretations show a high probability that a 3km northerly extension to mineralisation exists, requiring immediate follow-up work.

Bulls N' Bears 08 Aug 2023

Brightstar gold rush continues in latest Menzies find

Brightstar Resources has struck more gold at its Menzies project in WA's glittering goldfields, where 18 of 19 holes hit grades of more than 2g/t at its Aspacia prospect and all holes within its “Link Zone” found pay. The company says gold mineralisation is now confirmed in more than 500m of strike at Aspacia, while the Link Zone area has potential for open-pit mining.

Bulls N' Bears 25 Jul 2023

Brightstar, DevEx sign farm-in JV on Goongarrie nickel

Brightstar Resources has inked an earn-in agreement with DevEx Resources on two of the former's Goongarrie project exploration licences. The deal will see Brightstar retain all gold rights, while DevEx can earn up 75 per cent of the non-gold rights by exploring for nickel along the northward extensions of existing and historic deposits within the Highway ultramafic.

Bulls N' Bears 19 Jul 2023

Brightstar scores high-grade gold in first Menzies drilling

Inaugural drilling in three locations at Brightstar Resources' new Menzies gold project has returned multiple high-grade hits of up to 39g/t gold in initial assays from the first 10 holes of a recently completed 37-hole program, for a total of 4486m. Management says its work confirms high grades typical of the historic underground mines of the Menzies goldfields.

Bulls N' Bears 23 Jun 2023

Brightstar joins million-ounce club with resource upgrade

Brightstar Resources has cracked the magical million-ounce milestone after upgrading the resource for its Cork Tree Well deposit to a total of 1.02 million gold ounces across its Laverton and Menzies projects. The independently-completed upgrade at the deposit saw Cork Tree Well increase by 20 per cent from 252,000 gold ounces up to 303,000 ounces of the precious yellow metal.

Bulls N' Bears 20 Jun 2023

Brightstar set for gold production at Selkirk deposit

Brightstar Resources is primed to join the ranks of Western Australian gold producers, with mining set to begin in August at its Selkirk open-pit gold mine that holds 30,000 tonnes of ore going more than 6 grams per tonne gold. Brightstar picked up the operation that forms part of the Menzies gold project after completing its successful merger with Kingwest Resources last month.

Bulls N' Bears 15 Jun 2023

Brightstar quick off mark for Menzies gold hunt

After a merger deal with Kingwest Resources last month, Brightstar Resources has wasted no time in getting drill rigs to its Menzies gold project in Western Australia to shore up its understanding of the deposit's proven high-grade gold intercepts. The successful merger has fast-tracked Brightstar's move towards becoming WA's next gold producer as it builds its resource growth.

Bulls N' Bears 01 Jun 2023

Brightstar positions for lead role in new WA gold story

Brightstar Resources has kicked off a scoping study on the combined assets at its Menzies and Laverton gold projects in Western Australia's Eastern Goldfields, with mining set to begin at the former as soon as next quarter. The company is moving towards becoming WA's next gold producer after completing its successful merger with Kingwest Resources last month.

Bulls N' Bears 09 May 2023

Brightstar sets sights on extending Laverton gold deposit

Brightstar Resources has extended its 252,000-ounce Cork Tree Well gold deposit, 30km north of Laverton, with 6000m of RC drilling giving best results of 10m at 4.54 grams per tonne gold from 192m, including 2m at 17.23g/t and 13m grading 1.83g/t from 143m. An updated resource estimate will inform mining feasibility studies due for delivery by the middle of the year.

Bulls N' Bears 12 Apr 2023

Assays extend Brightstar Cork Tree Well gold deposit

Brightstar Resources has extended its Cork Tree Well gold deposit 30km north of Laverton, WA with a successful 30 RC hole 6000m drilling campaign. Assays from the first 13 holes have confirmed gold mineralised extensions along strike and at depth with the best results including a 2m hit grading 4.23 grams per tonne gold from 106m, 2m running 3 g/t from 140m and 4m at 1.88 g/t gold from 152m.

Bulls N' Bears 02 Feb 2023

Brightstar chases gold extensions with fresh WA drilling campaign

Brightstar Resources is set to kick off a fresh 6300m RC drilling campaign at its flagship Cork Tree Well project as it looks to extend its gold mineralisation along strike to the north and at depth. The company says the 30 hole program will also include infill drilling at the project's main structure as it looks to convert inferred mineralisation into indicated JORC resource status.

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