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Brightstar Resources Accelerates Gold Output with $30M Raise and Strategic Acquisitions
6:39pm on Sunday 1st of June, 2025 AEST
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Mining
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Brightstar Resources Accelerates Gold Output with $30M Raise and Strategic Acquisitions
6:39pm on Sunday 1st of June, 2025 AEST
Key Points
Resource base expanded to over 3Moz Au at 1.5g/t on granted mining leases
Ore haulage commenced from Second Fortune mine to Genesis Minerals’ Laverton mill under Ore Purchase Agreement
Successful $30 million capital raise completed to fund production growth and exploration
Definitive Feasibility Study for Laverton and Menzies hubs progressing, targeting 1H 2025 delivery
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