BRIGHTSTAR RESOURCES LIMITED — Audit Report / Information 2011

Apr 5, 2011

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5th April 2011

Current Issued Capital: Market Cap 200,668,425 Ordinary Shares at 5.6 cents: $11.2m

A1 Minerals- Laverton Gold Project Resource Update

On March 2[nd] A1 Minerals announced that its Board had doubts about the veracity of the geological information and resource modelling at A1’s North Laverton tenements provided by its former managing director John Williams.

As a result of these doubts, the Board commissioned an independent geological recalculation to be undertaken of the Delta (Cork Tree Well) and some of the Epsilon leases (Ben Hur and Kennecott).A1 Minerals engaged Andrew Hawker, principal geologist of Hawker Geological Services Pty Ltd, to undertake the recalculation of Cork Tree Well and Ben Hur-Kennecott.

In addition to being a geologist familiar with the geology of the Laverton region, having worked on Regis Resources Erlistoun Project and multiple projects with Crescent Gold, Mr Hawker is qualified as a member of the Australasian Institute of Mining & Metallurgy to provide Competent Person statements under the JORC Code.

Mr Hawker’s reports on Cork Tree Well and Ben Hur-Kennecott have been received. The executive summaries from those reports are attached.

In summary, Mr Hawker created block models using appropriate wireframe constraints and ordinary kriging utilizing Surpac Software. The summary classification tables for the two resource calculation are presented below;

kTonnes Grade kOunces Measured 975 1.34 42.0 Indicated 513 1.23 20.3 Inferred 3,435 1.41 155.7 Total 4,923 1.38 218.0 Cork Tree Well HGS Resource March 2011	kTonnes Grade kOunces Measured 975 1.34 42.0 Indicated 513 1.23 20.3 Inferred 3,435 1.41 155.7 Total 4,923 1.38 218.0 Cork Tree Well HGS Resource March 2011	kTonnes Grade kOunces Measured 975 1.34 42.0 Indicated 513 1.23 20.3 Inferred 3,435 1.41 155.7 Total 4,923 1.38 218.0 Cork Tree Well HGS Resource March 2011	kTonnes Grade kOunces Measured 975 1.34 42.0 Indicated 513 1.23 20.3 Inferred 3,435 1.41 155.7 Total 4,923 1.38 218.0 Cork Tree Well HGS Resource March 2011	Ben Hur	Ben Hur	Ben Hur	Ben Hur
HGS Resource		March 2011		HGS Resource March 2011
	**kTonnes **	**Grade **	kOunces		**kTonnes **	**Grade **	kOunces
Measured	975	1.34	42.0	Measured	-	-	-
Indicated	513	1.23	20.3	Indicated	3,435	1.32	145.8
Inferred	3,435	1.41	155.7	Inferred	3,212	1.38	142.5
Total	4,923	1.38	218.0	Total	6,647	1.35	288.3

The Board will now consider what action should be taken to progress the resources declared in Mr Hawker’s report and will also consider options available to it to develop further its resource inventory and production profiles.

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Tenement map showing A1’s mines and prospects

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For further information, please see other ASX announcements or email Liam Wheaton from Investor Relations on LiamW@a1minerals.com.au.

Yours sincerely,

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Albert Longo

Finance Director – A1 Minerals Limited

For full reports and information go to A1 Minerals website: www.a1minerals.com.au or ASX Code: AAM

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Andrew James Hawker, who is a Member of The Australasian Institute of Mining and Metallurgy.Mr Hawker has sufficient experience which is relevant to the style of mineralisation 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 Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (The JORC Code, 2004 Edition). Mr.Hawker is the Principal Geologist of Hawker Geological Services Pty Ltd and consents to the inclusion in the report of the matters based on his information in the form and context in whichit appears.

1. Delta (Cork Tree Well) Resource Evaluation Statement – March 2011

2. Epsilon (Ben Hur/Kennecott) Resource Evaluation Statement – March 2011

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Unit 14, 110 Inspiration Drive Wangara WA 6065 Office: (08) 6201 9005 Fax: (08) 9302 4980 www.hgsaustralia.com.au

4th March 2011

David Reid Chief Geologist A1 Minerals Limited 5th Floor, 25 Walter Drive Osborne Park WA 6017

Dear David

Delta (Cork Tree Well) Resource Evaluation Statement - March 2011

Please find attached a statement of resources for the Delta Project conducted in March 2011 by Andrew Hawker and prepared for release this 4th March 2011.

Yours Sincerely

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Andrew Hawker ( BSc. Geol MAusIMM) Principal Geologist Hawker Geological Services Pty Ltd

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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Delta Resource Evaluation Statement - March 2011

INTRODUCTION

At the request of David Reid, Chief Geologist at A1 Minerals Ltd, Hawker Geological Services Pty Ltd (HGS) was asked to conduct a resource evaluation for the Delta Project (previously known as Cork Tree Well)

The Delta lease covered in this report is M38/346 located within the Shire of Laverton WA approximately 35kms north of Laverton. It is held 100 percent by A1 Minerals and forms part of A1’s BrightStar Project.

The resource was conducted using a validated dataset extracted from a Gbis database and interpolated using Ordinary Kriging and inverse distance squared interpolation methods. Hawker Geological Services does not make any claims to the validity of the database and operates on the assumption it is validated for the purpose of reporting a resource.

Interpretations were conducted by Andrew Hawker identifying zones of continuous mineralisation within a 0.5g/t boundary with a minimum downhole width of 3 metres. The oxidisation horizons were interpreted from geological weathering logs. Sample data was flagged within the interpretation wireframes and composited to 1 metre for interpolation.

Five zones of mineralisation were identified; Delta1 (Cork Tree Well), Delta North, New North, Paleochannels and Delta2. Each zone has several interpreted lodes.

Ordinary Kriging (OK) and inverse distance squared (ID2) interpolation methods were conducted and used to compare results between a mathematically complex method and a simple interpolation method. OK is the preferred method as it does not discriminate between clustered and non-clustered sample locations, and it can allow for nuggetty environments therefore reducing any local bias.

High grade cutting was conducted using probability curves and histograms conducted on datasets from all areas as well as combining datasets. The following high grade cuts were applied:

• Delta1 (Cork Tree Well) 15g/t

• Delta North 6g/t  New North 14g/t  Paleochannels 3g/t  Delta2 17g/t

Dry bulk densities were applied to the models based on data supplied by A1 Minerals. Table 1 summarises the densities applied:

Table 1: Dry Bulk Densities applied to the block model

pplied to the block model
Oxidation Profile	Density
Oxide	2.2
Transition	2.4
Fresh	2.6

The resource estimate was classified by Andrew Hawker based on data density, estimation quality and confidence in the geological interpretation.

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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Delta Resource Evaluation Statement - March 2011

RESULTS

The results are reported from Surpac block model " delta_march2011.mdl " and summarised in Table 1 and 2 below.

Table 1: Delta Project Classified Resource

Reportable Resource Classification
	kTonnes	Grade	kOunces
Inferred	3,435	1.41	156
Indicated	513	1.23	20
Measured	975	1.34	42
Total	4,922	1.38	218

Table 2: Delta Project Resource by Oxidation

Table 2:Delta Project Resource byOxidation	Table 2:Delta Project Resource byOxidation	Table 2:Delta Project Resource byOxidation	Table 2:Delta Project Resource byOxidation	Table 2:Delta Project Resource byOxidation
Reportable Resource
	Cutoff	kTonnes	Grade	kOunces
Oxide	0.4	1,263	1.23	50
Transition	0.5	2,048	1.23	81
Fresh	0.7	1,611	1.68	87
Total	1.0	4,922	1.38	218

COMPLIANCE with the JORC CODE ASSESSMENT CRITERIA

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Andrew James Hawker, who is a Member of The Australasian Institute of Mining and Metallurgy.

Mr Hawker has sufficient experience which is relevant to the style of mineralisation 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 Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (The JORC Code, 2004 Edition). Mr. Hawker is the Principal Geologist of Hawker Geological Services Pty Ltd and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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Unit 14, 110 Inspiration Drive Wangara WA 6065 Office: (08) 6201 9005 Fax: (08) 9302 4980 www.hgsaustralia.com.au

29th March 2011

David Reid Chief Geologist A1 Minerals Limited 5th Floor, 25 Walter Drive Osborne Park WA 6017

Dear David

Epsilon (Ben Hur & Kennecott) Resource Evaluation Statement - March 2011

Please find attached a statement of resources for the Epsilon Project conducted for release this 29th March 2011.

Yours Sincerely

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Andrew Hawker ( BSc. Geol MAusIMM) Principal Geologist Hawker Geological Services Pty Ltd

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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Epsilon Resource Evaluation Statement - March 2011

INTRODUCTION

At the request of David Reid, Chief Geologist at A1 Minerals Ltd, Hawker Geological Services Pty Ltd (HGS) was asked to conduct a resource evaluation on the Epsilon Project (incorporating the Ben Hur and Kennecott deposits).

The Epsilon lease covered in this report is M38/339 located within the Shire of Laverton WA approximately 35kms north of Laverton. It is held 100 percent by A1 Minerals and forms part of A1’s BrightStar Project.

The resource was conducted in Surpac and interpolated using Ordinary Kriging from a dataset provided by A1 Minerals, and operates on the assumption the database was valid.

Interpretations were conducted by Andrew Hawker identifying zones of continuous mineralisation within a statistically derived background of 0.2g/t boundary with a minimum downhole width of 2 metres. Oxidisation horizons and bulk density data were provided by A1 Minerals. Sample data was flagged within the interpreted wireframes and composited to 1 metre for interpolation.

Fifteen mineralised zones were identified; 10 within the Ben Hur Prospect and 5 within the Kennecott Prospect.

High grade cutting was conducted using probability curves and histograms conducted on datasets from the major lodes as well as combining datasets. The following high grade cuts were applied:

• Ben Hur 27g/t

• Kennecott 11g/t

Dry bulk densities were applied to the model from data supplied by A1 Minerals. Table 1 summarises the densities applied:

Table 1: Dry Bulk Densities applied to the block model

pplied to the block model
Oxidation Profile	Density
Oxide	2.1
Transition	2.3
Fresh	2.6

The resource estimate was classified by Andrew Hawker based on data density, estimation quality, Kriging variance and interpolation pass. Although the resource lacks geological interpretation, the continuity of data and assimilation with nearby resources is sufficient to warrant certain areas as indicated. Should the deposit contain sufficient geological interpretation, the classification may increase in areas to Measured.

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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Epsilon Resource Evaluation Statement - March 2011

RESULTS

The results are reported from Surpac block medel " benhur_march2011.mdl " and summarised in Table 1 and 2 below.

Table 1: Epsilon Project Classified Resource

	kTonnes	Grade	kOunces
Inferred	3,212	1.38	142
Indicated	3,435	1.32	146
Measured	0	0.00	0
Total	6,647	1.35	288

Table 2: Epsilon Project Resource by Oxidation

Table 2:Epsilon Project Resource byOxidation	Table 2:Epsilon Project Resource byOxidation	Table 2:Epsilon Project Resource byOxidation	Table 2:Epsilon Project Resource byOxidation	Table 2:Epsilon Project Resource byOxidation
Reportable Resource
	Cutoff	kTonnes	Grade	kOunces
Oxide	0.4	1,604	1.16	60
Transition	0.5	768	1.06	26
Fresh	0.7	4,275	1.47	202
Total	1.0	6,647	1.35	288

COMPLIANCE with the JORC CODE ASSESSMENT CRITERIA

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Andrew James Hawker, who is a Member of The Australasian Institute of Mining and Metallurgy.

Mr Hawker has sufficient experience which is relevant to the style of mineralisation 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 Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (The JORC Code, 2004 Edition). Mr. Hawker is the Principal Geologist of Hawker Geological Services Pty Ltd and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

HGS Australia Office: (08) 6201 9005 Fax: (08) 9302 4980 admin@hgsaustralia.com.au Unit 14 / 110 Inspiration Drive, Wangara, WA, 6065

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