BRIGHTSTAR RESOURCES LIMITED — AGM Information 2013

Nov 28, 2013

Presentation

Annual General Meeting 29 Nov. 2013

STONE RESOURCES AUSTRALIA LTD.

Disclaimer

This presentation contains only a brief overview of Stone Resources Australia Limited and its associated entities ("SRAL") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of BrightStar projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification.

This presentation contains a number of forward‐looking statements. Known and unknown risks and uncertainties, and factors outside of SRALs' control, may cause the actual results, performance and achievements of SRAL to differ materially from those expressed or implied in this presentation.

To the maximum extent permitted by law, SRAL does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of SRAL, and will not be responsible for any loss or damage arising from the use of the information.

The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to SRAL or its activities.

Competent Person Statement

The technical information in this presentation has been reviewed and approved by Dr Shuang Kui Ren who is a Member of the Australasian Institute of Mining and Metallurgy and independent consultant to the Company. Dr Ren has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the "Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves" Dr Ren consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

In Brief

The financial year 2012-2013 was a challenging period for Stone Resources Australia Limited (SRAL). We encountered difficulties with operation as well as with funding.

Thanks to the diligence of the Company staff and shareholders, most of the problems were resolved.

The company's main achievements

• Payout all debts of A1 Minerals Ltd;
• Expansion of gold resources via exploration activities;
• Remediation of long-standing environmental issues that have been inherited on various mining leases;
• Upgrading the processing mill to prepare for the earliest possible production commencement date;
• Submission of a proposal to mine at the Ben Hur Deposit, north of Laverton.

1, Settlement of all debts and appropriate allocation of funds

• An agreement was reached to payout major mining contractor, Watpac Civil & Mining Ltd. Payout totaled approximately \$14m.
• From November 2011 to October 2013, an injection of funds totaling (approximately) \$19m has been provided by our controlling shareholder. The funds are used to support daily operation, exploration projects, to manage debt disputes.
• More than \$2m has been spent on equipment for the processing mill upgrade.

2, New Exploration Projects

Since 28 March 2012, RC drilling has been undertaken on three tenements:

Region	Holes	Footage, m	Samples
Ben Hur	191	21,269	26,586
Cork Tree Well	75	12,033	15,041
Alpha	46	5,053	6,316
Total	312	38,355	47,943

JORC Resources & Reserve Alpha

Category	Tonnes	Grade (g/t)	Ounces
Measured	623,000	1.64	33,000
Indicated	374,000	2.07	25,000
Inferred	455,000	3.30	48,000
Total	1,452,000	2.27	106,000

JORC Resources & Reserve Cork Tree Well

Category	Tonnes	Grade (g/t)	Ounces
Measured	1,220,000	1.94	76,000
Indicated	944,000	1.89	57,000
Inferred	1,696,000	1.91	104,000
Total	3,860,000	1.91	237,000

Awaiting Approvals to Mine…

JORC Resources & Reserve Ben Hur

Category	Tonnes	Grade (g/t)	Ounces
Measured	2,434,000	1.59	125,000
Indicated	1,672,000	1.44	77,000
Inferred	1,665,000	1.62	87,000
Total	5,771,000	1.56	289,000

Geochemical	Grouping	Tenement	Samples	Spacing
				300m x
Prospecting	Delta	E38/1618	141	300m
		P38/3781	99	50m x 50m
				300m x
	Epsilon	E38/1936	262	300m
				300m x
	Eta	E38/1937	494	300m
		M38/94
	Hawks	M38/95	165	150m x
	Nest	M38/314		150m
		M38/381
				300m x
	Beta	E38/2360	193	300m
				300m x
		E38/2480	203	300m
				300m x
	Gamma	E38/1958	136	300m
	Burtville	P38/3768	49	25m x 25m
		Total:	1742

E38/1937

E38/1936

Ben Hur

Gold anomalies E38/1936

Gold anomalies E38/1937

Beta Pit E38/1958

Gold anomalies

These Au and Ag abnormal areas will be our exploration targets in next year.

3, Addressing Environmental Issues

SRAL has made considerable progress in rectifying non-compliances identified by the Department of Mines and Petroleum at its various sites. The majority of these noncompliances have been inherited by previous tenement holders. The underlying goal is to achieve approval to mine the Ben Hur deposit whilst simultaneously achieving statutory compliance across all its sites.

Plugging all the drill holes

Removal and appropriate disposal of sample bags

Upgrading and installing abandonment bunding walls

Distribution of topsoil

4, Upgrading the processing mill

With the financial support of the controlling shareholder, the Company are upgrading plant equipment such as the cone crusher, Ball mill, vibrating screens and Wheel loader in readiness for future production.

Equipment installation on site

New ball mill

5, Recommencing mining and production

Closing Comments

Over the past several months, the Company has actively carried out the preparatory work required for commencing mining and production. It is our belief that the proposed project will generate a reasonable profit for the shareholders.

Closing Comments

Meanwhile, the Company is also geared for further exploration with a view to locating the next resource whilst mining and production for the Ben Hur project are being undertaken.

I am confident that the preparatory work to commence mining and production will yield positive results. The Company's future prospect looks bright and I sincerely believe it will bring abundant rewards to our shareholders.

Thank You !