BRIGHTSTAR RESOURCES LIMITED — Capital/Financing Update 2013

Nov 17, 2013

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STONE RESOURCES AUSTRALIA LIMITED

ASX ANNOUNCEMENT

Project Update Report

Further to the Project Update Reports dated 25 June 2013, 15 July 2013 and 5 August 2013, Stone Resources is pleased to announce the following a recently completed MMI survey of E38/2360.

1. E38/2360 MMI analysing

1.1 Background

Distribution of sampling: Samples were taken on the relatively wide spacing of 300m, in figure1 and topography of sampling area, Figure 2:

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Figure 1 Figure 2

1.2 Methodology and analyzed elements:

MMI analyses of samples from the E38/2360 tenement NW of Laverton are processed by SGS Perth laboratory. After MMI extraction, elements Ag, As, Au, Ce, Cr, Cu, Ni, Pb, Pd, Pt and Zn were analyzed on an ICPMS instrument.

2. Analysis results

For most soil samples Cr and Pd were below the limit of detection and for Pt all samples were below the limit of detection, so there are no plots for these elements.

E38/2360 tenement Au anomaly plot

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• There is no Au MMI anomaly greater than 5 ppb occurs in soils samples from E38/2360 tenement.

E38/2360 tenement Ag anomaly plot

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• Two high values for Ag occur at 478538E 6806275N and 477038E ， 6805235N

• Silver often accompanies primary gold mineralization, in the tenement E38/2360, soil samples did not show coincidence of Ag and Au.

E38/2360 tenement Cu anomaly plot

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• Average Cu anomaly value is low, in total 3 anomalies over 2000ppb. This will not be considered as an indication of mineralization of Au.

E38/2360 tenement Ce anomaly plot

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• Average Ce anomaly value is low. This will not be considered as an indication of mineralization of Au.

E38/2360 tenement Ni anomaly plot

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• Average Ni anomaly value is low. This will not be considered as an indication of mineralization of Au.

E38/2360 tenement Pb anomaly plot

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• Average Pb anomaly value is low. This will not be considered as an indication of mineralization of Au.

E38/2360 tenement Zn anomaly plot

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• Average Zn anomaly value is low. This will not be considered as an indication of mineralization of Au.

3. Analysis of significant anomaly combination

3.1 significant anomaly elements combination

The Ag, Cu anomaly values of tenement E38/2360 are relatively low and located in separate areas. There is a granite intrusion crossing the central part (figure 3). MMI analysis may not be the most effective method in this tenement, exploration work will continue with other suitable method.

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Figure 3

The information in this report that relates to geology and mineral resources is based on the information compiled under the supervision of Dr Shuang Kui Ren, who is a Member of the Australasian Institute of Mining & Metallurgy. Dr Ren has sufficient experience 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 Mineral Resources and Ore Reserves”. Dr Shuang Kui Ren consents to inclusion in the report of the matters based on his information in the form and context in which it appears.

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Kaiye Shuai

Chief Executive Officer 18 November 2013

For further information, please contact the company on +61 8 9277 6008.