Proactive - Interviews for investors

Brightstar Resources secures key mining approvals

Episode Summary

Brightstar Resources Ltd (ASX:BTR) managing director Alex Rovira talked with Proactive’s Tylah Tully about the company’s latest developments at the Fish Underground Project. The company has secured the necessary approvals, including the mining proposal and mine closure plan, allowing it to commence operations. Rovira highlighted that infrastructure setup is already underway, with the first ore expected on the run pad by mid-June. He emphasised that Brightstar will soon operate two underground mines in the Laverton District, feeding into its toll purchase agreement with Genesis Minerals. “We are now a multi-mine underground operator, which is really exciting,” Rovira said. He also noted that Brightstar remains debt-free, positioning it well for expansion. Rovira outlined a 13-month mining timeline, with a portal cut scheduled for April. The company is also conducting an exploration program in March to expand known resources at depth. He pointed out that Fish’s development de-risks the company’s larger Lord Byron project, as infrastructure such as a 160-person camp and haul roads will be shared between sites. Stay updated on Brightstar’s progress—subscribe to Proactive’s YouTube channel, give this video a like, and turn on notifications for more updates. #BrightstarResources #GoldMining #MiningNews #Investing #MiningStocks #Gold #AustraliaMining #StockMarket #MiningExploration #ProactiveInvestors