BRIGHTSTAR RESOURCES LIMITED — Capital/Financing Update 2026

May 4, 2026

BRIGHTSTAR
RESOURCES LIMITED
ASX ANNOUNCEMENT

5 May 2026

High-grade gold intercepts continue from Sandstone RC and diamond drilling

Results reported from key deposits in the upcoming Sandstone MRE update and PFS Drilling continues with 4 rigs ongoing in Sandstone

HIGHLIGHTS

• Brightstar has received results from diamond and reverse circulation drilling completed at the 2.4Moz @ 1.5g/t Au Sandstone Gold Project
• Drilling was designed to infill and extend key deposits for inclusion in future Mineral Resource updates and to be included within the ongoing Pre-Feasibility Study (PFS) work streams
• Significant assays returned include:

BULL OAK DEPOSIT

BODD25003

Within a broad, unconstrained intercept of 214.75m @ 0.97g/t Au from 32.75m, including:
- 0.78m @ 43.7g/t Au from 88m
- 7m @ 17.7g/t Au from 138m
- 0.3m @ 175.3g/t Au from 277.4m

BODD25001

Within a broad, unconstrained intercept of 186.9m @ 0.87g/t Au from 113.75m, including:
- 10.82m @ 2.91g/t Au from 271.68m
- 13m @ 2.26g/t Au from 173m

BORC26003

• 10m @ 4.00g/t Au from 80m, including 1m @ 31.4g/t Au from 82m
• 3m @ 24.3g/t Au from 94m, including 1m @ 59.4g/t Au from 94m

VANGUARD DEPOSIT

VNDD25001

• 10.3m @ 6.80g/t Au from 138m, including 2m @ 25.1g/t Au from 144m
• 6.76m @ 2.12g/t Au from 126.24m

INDOMITABLE EAST DEPOSIT

INDD25007

• 19.05m @ 3.80g/t Au from 106m, including 1.02m @ 54.5g/t Au from 102.03m

Level 2, 36 Rowland Street
Subiaco WA 6008
Tel: (618) 9277 6008
Fax: (618) 9277 6002
info@brightstarresources.com.au
brightstarresources.com.au
ASX:BTR
ACN 100 727 491

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BRIGHTSTAR RESOURCES LIMITED

HAVILAH DEPOSIT

HVDD25001
- 3.9m @ 11.9g/t Au from 105m, including 0.98m @ 38.4g/t Au from 107.42m
- 8.0m @ 4.32g/t Au from 31m, including 0.90m @ 16.7g/t Au from 36.5m

ACHILLES DEPOSIT

ACRC26014
- 5m @ 5.34g/t Au from 102m
- 4m @ 3.05g/t Au from 183m

ACRC26002
- 4m @ 4.50g/t Au from 82m

• Sandstone Mineral Resource upgrade due mid-year with the Pre-Feasibility Study targeted for delivery in 2H'CY26
• Sandstone drilling is continuing with four rigs active (2x RC and 2x diamond drill rigs) completing the remaining infill drilling for PFS work streams, and extensional growth-focused drilling

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce results from ongoing diamond core (DD) and reverse circulation (RC) drilling programs at the Sandstone Gold Project, which hosts a current Mineral Resource Estimate (MRE) of 2.4Moz @ 1.5g/t Au.

The programs targeted infill drilling at several key deposits across the Sandstone Hub, including Bull Oak, Vanguard, Havilah, Achilles, and the Indomitable Camp. The diamond drilling has also provided key structural and geotechnical information, as well as metallurgical sample material, for utilisation in the ongoing PFS workstreams.

Brightstar's Managing Director, Alex Rovira, commented:

"The ongoing RC and diamond drilling programs at Sandstone continue to help improve the geological understanding of the project, and crucially de-risk the deposits in preparation the upcoming Sandstone PFS and future mine development.

From a growth perspective, the Bull Oak deposit has been a particular focus of recent programs and is identified as a deposit with genuine growth potential and scale. Drilling has been focused on infilling the areas below the existing Mineral Resource, so it is encouraging to see these wide zones of mineralisation surrounding narrow high-grade zones - occasionally exceeding 100g/t gold. The Achilles deposit at Montague is another deposit with significant mineralisation outside of the current Mineral Resource, with a large-scale infill and extensional program continuing at Achilles.

As part of the PFS workstreams, diamond drilling was completed at several deposits across the Sandstone Project. This drilling added key structural information which will be hugely important as we unlock the value and upside in these deposits and piece together the controls on mineralisation. The metallurgical and geotechnical data provided by these diamond drillholes will contribute to ongoing PFS work as we forge ahead with the delivery of a comprehensive study in the second half of the year."

BRIGHTSTAR RESOURCES LIMITED
ACN 100 727 491 brightstarresources.com.au ASX: BTR

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BRIGHTSTAR RESOURCES LIMITED

Figure 1: Brightstar's Consolidated Sandstone Project

Figure 2: Geology map of the central Sandstone Project

ACN 100 727 491 brightstarresources.com.au ASX: BTR

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Figure 3: Geology map of the Montague Project, part of the Sandstone Hub (70km NE of Sandstone town)

TECHNICAL DISCUSSION

BULL OAK

The Bull Oak deposit hosts a current MRE of 2.5Mt @ 1.1g/t Au for 90koz Au, limited by sparse drilling below 100m vertical depth. Mineralisation is hosted by sheeted, shallowly east-dipping veins sets within a granodiorite intrusion, with further mineralisation hosted by banded iron units (BIFs) truncated by the intrusion. This geological setting is similar to that of Brightstar's nearby Shillington-Two Mile Hill deposit (MRE of 0.7Moz @ 1.5g/t Au).

The current program of RC and diamond drilling targeted areas below and adjacent to the existing resource, to facilitate an upgrade to the MRE, due mid-year.

ACN 100 727 491 brightstarresources.com.au ASX: BTR

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A total of four diamond drillholes for ~1,000m were drilled from surface, primarily for structural and geotechnical data, as well providing mass for metallurgical test work for the Pre-Feasibility Study underway. A total of four diamond tails for 534m were completed to extend previous RC drill holes drilled in 2025 that failed to fully test the host granodiorite unit at depth. A total of 6 RC drill holes for 1,050m were drilled targeting extensions to BIF hosted gold mineralisation adjacent to the north-eastern contact with the granodiorite

A further 8 RC drill holes with diamond tails (RCDT) were planned as depth extensions beneath the existing mineral resource, targeting the main stockwork, sheeted quartz vein mineralisation historically mined in the main Bull Oak pit and historic workings. Drilling was designed to delineate the mineralised lodes and facilitate a Mineral Resource update incorporating these extensions. Assay results have been returned for 5 RCDT drill holes for ~2,000m.

Significant results for the diamond drilling include:

BODD25001
- 10.82m @ 2.91g/t Au from 271.68m
- 13m @ 2.26g/t Au from 173m
- 13.65m @ 1.16g/t Au from 113.75m
- 6m @ 1.88g/t Au from 151m
- 1.19m @ 11.3g/t Au from 254m

The high-grade intervals were present within a wide halo of lower grade material, which reported an unconstrained intercept of 186.9m @ 0.87g/t Au from 113.75m in BODD25001

BODD25003
- 7m @ 17.7g/t Au from 138m, including 0.7m @ 136g/t Au from 144.3m
- 0.78m @ 43.7g/t Au from 88m
- 0.30m @ 175.3g/t Au from 277.4m
- 0.30m @ 81.6g/t Au from 247.2m

BODD25003 reported an unconstrained intercept of 214.75m @ 0.97g/t Au from 32.75m

Significant results for the RCDT (RC pre-collars and diamond tails) drilling include:
- 2m @ 7.49g/t Au from 233m in BORC25009
- 1m @ 21.9g/t Au from 310 in BORC25009
- 2m @ 7.49g/t Au from 16m in BORCD26001
- 0.48m @ 28.6g/t Au from 153.52m in BORCD26001
- 1m @ 14.1g/t Au from 172m in BORCD26001
- 7m @ 1.74g/t Au from 22m in BORCD26002
- 3m @ 3.57g/t Au from 86m in BORCD26002
- 2.45m @ 5.11g/t Au from 197m in BORCD26002

BRIGHTSTAR RESOURCES LIMITED
ACN 100 727 491 brightstarresources.com.au ASX: BTR

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• 7.5m @ 1.98g/t Au from 205.5m in BORCD26002
• 20m @ 1.07g/t Au from 224m in BORCD26002
• 5m @ 2.21g/t Au from 32m in BORCD26003
• 8m @ 5.09g/t Au from 75m in BORCD26003, including 1m @ 17.4g/t Au from 77m in BORCD26003

Significant results for the RC drilling include:

• 10m @ 4.00g/t Au from 80m, including 1m @ 31.4g/t Au from 82m in BORC26003
• 3m @ 24.3g/t Au from 94m, including 1m @ 59.5g/t Au from 94m in BORC26003

The high-grade intervals were typically present within wide haloes of lower grade material. Significant intercepts for these wide zones for the RCDT drilling include:

• 177m @ 0.58g/t Au from 204m in BORCD25009
• 272.5m @ 0.53g/t Au from 16m in BORCD26001

Drilling is ongoing at Bull Oak targeting the area beneath the existing MRE, in order to delineate the mineralised lodes and facilitate a Mineral Resource update incorporating these extensions.

Figure 4: Location map for the Bull Oak RC and Diamond Drill Collars

Figure 5: Drill section at the Bull Oak Deposit. Looking Northwest. +/- 20m.

VANGUARD

The Vanguard Camp at Sandstone hosts a MRE of 3.7Mt @ 1.8g/t Au for 217koz Au. Gold mineralisation at the Vanguard Camp is located along NW-SE trending structures within a differentiated dolerite unit.

At Vanguard North, the lode geometry is relatively simple, hosted within a single quartz vein dipping shallowly to the southwest. The vein is consistently present featuring variable, nuggety gold mineralisation, which is considered typical for this type of narrow vein-hosted deposit.

The larger Vanguard deposit consists of multiple mineralised lodes, predominantly dipping moderately to the NE, although flat-lying supergene lodes are also present. High-grade mineralisation intersected in the drilling is typically associated with quartz veining and abundant pyrite.

The current program of 4 diamond drill holes for 613m were drilled primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide data for the Pre-Feasibility Study underway.

Significant intercepts from the drilling include:

• 10.3m @ 6.80g/t Au from 138m, including 2m @ 25.1g/t Au from 144m in VNDD25001
• 6.76m @ 2.12g/t Au from 126.24m in VNDD25001

Figure 6: Plan view map of the Vanguard DD drill locations

Figure 7: Drill section at the Vanguard Deposit. Looking Northwest. +/- 10m

MUSKETEER

The Musketeer deposit is located with the Indomitable Camp, which hosts a total MRE of 8.2Mt @ 1.1g/t Au for 296koz Au

The Musketeer deposit hosts a modest MRE of 1.4Mt at 1.3g/t gold for 59koz, with mineralisation associated with a northeast-striking banded iron formation (BIF) within a mafic-ultramafic package, crosscut by northwest-southeast structures.

The current program of 11 RC drillholes for ~1,440m was designed to infill mineralisation within a portion of the current mineral resource, ensuring sufficient drill spacing for future MRE updates to support Indicated resource classification for inclusion within the upcoming PFS.

Further drilling is planned with additional assay results to be reported as received.

Significant results returned from recent infill drilling include:

• 5m @ 2.37g/t Au from 73m in INRC26004
• 3m @ 4.79g/t Au from 81m in INRC26005
• 11m @ 1.07g/t Au from 138m in INRC26005

Figure 8: Plan view map of the Musketeer RC drill locations

INDOMITABLE EAST

The Indomitable East deposit is situated within the Indomitable Camp and located 3km from the Musketeer deposit. The gold mineralisation at Indomitable East is hosted within a northwest-trending sequence of jaspititic banded iron formation, intercalated with deeply weathered ultramafic rocks. The BIF outcrops at surface in the area and dips steeply to the north. Mineralisation is typically characterised by a visible zone of pyrite+/-quartz veining associated with the band iron formation units and appears to increase when proximal to two interpreted cross cutting structures.

The current program of 2 diamond drill holes for 320m were drilled primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide data for the Pre-Feasibility Study underway.

Significant results from include:

• 19.05 @ 3.80g/t Au from 106m, including 1.02m @ 54.5g/t Au from 102.03m in INDD25007
• 14m @ 1.41g/t Au from 62m in INDD25008

Mineralisation remains open at depth and along strike, and there is opportunity to further grow the current mineral resource with additional drilling.

Figure 9: Plan view map of the Indomitable East DD drill locations

LORD NELSON

The Lord Nelson Deposit hosts a total resource of 5.6Mt at 1.6g/t Au for 291koz Au. The mineralisation at Lord Nelson is mostly within a granodiorite intrusion, the Lords Granodiorite, with a high-grade zone on the contact between the granodiorite and the ultramafic footwall. In general, the mineralisation trends north-northwest, dipping approximately 50° to the west increasing to 70° with depth and plunging to the south. The mineralisation is typically characterised by a visible zone of pyrite+silica+biotite+/-quartz veining that follows the ultramafic footwall contact.

The current program of 14 RC drill holes for ~2,500m was designed to infill mineralisation within a portion of the current mineral resource, ensuring sufficient drill spacing for future MRE updates to support Indicated resource classification.

Assay results for 10 RC holes for ~1,870m were reported on 18 March 2026. Assay results for the remaining 4 RC holes for 618m have been received with significant results including;

• 11m @ 1.04g/t Au from 50m in LNRC26005
• 5m @ 1.77g/t Au from 67m in LNRC26003

A total of 3 diamond drill holes for 637m have also been completed at Lord Nelson, primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide data for the Pre-Feasibility Study underway.

Assays remain pending for the 3 diamond drill holes.

Figure 10: Plan view map of RC and diamond drill collars completed at the Lord Nelson deposit

HAVILAH

The Havilah and Maninga Marley deposits that comprise the Havilah Camp host a modest Mineral Resource of 1.2Mt @ 1.4g/t Au for 54koz Au and are located 2.5km south-west of Lord Nelson. The deposits are hosted by a northwest striking dolerite unit, bounded to the northeast by pillowed and amygdaloidal basalt, and to the southwest by ultramafic rocks.

The current program of 2 diamond drill holes for 212m was designed primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide further data for the Pre-Feasibility Study underway.

Significant intercepts from the drilling include:

• 3.9m @ 11.9g/t Au from 105m, including 0.98m @ 38.4g/t from 107.42 in HVDD25001
• 8.0m @ 4.32g/t Au from 31m, including 0.90m @ 16.7g/t from 36.5m in HVDD25002
• 0.8m @ 17.0g/t Au from 42m in HVDD25002
• 0.5m @ 23.9g/t Au from 44.3m in HVDD25002
• 0.5m @ 29.5g/t Au from 50.5m in HVDD25002

Figure 11: Plan view map of the Havilah Diamond Drill Collars

MONTAGUE-BOULDER

The Montague-Boulder deposit is located 70km north of the town of Sandstone and forms part of Brightstar's Montague Project. Mineralisation is observed in shallow WSW-dipping shear lodes, interpreted as thrust faults developed along flow boundaries within the basalt sequence, and extend eastward into a neighbouring granodiorite intrusion, the Montague Granodiorite. Near-surface mineralisation is significantly thicker, typically ranging from 15 to 30 metres, and likely due to in-situ supergene enrichment. In fresh rock, mineralisation generally measures 3 to 7 metres in thickness, with a high-grade zone of 1 to 3 metres wide.

The current program of 16 RC drill holes for ~1,900m was designed to infill mineralisation within a portion of the current mineral resource, ensuring sufficient drill spacing for future MRE updates to support Indicated resource classification.

An additional hole was drilled beneath the current mineral resource to test the potential for up-dip extension of an interpreted high-grade lode.

Significant assay results returned from infill drilling include;

• 3m @ 3.73g/t Au from 80m in MBRC26002
• 3m @ 2.24g/t Au from 107m in MBRC26001

The extensional drill hole intersected mineralisation at the expected depth with results including:

• 5m @ 1.67g/t Au from 119m in MBRC26016

A total of 6 diamond drill holes for ~1,000m have also been completed at Montague-Boulder, primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide further data for the Pre-Feasibility Study underway.

Assays remain pending for the diamond drill holes.

Figure 12: Plan view map of the Montague-Boulder RC and Diamond Drill Collars

ACHILLES

The Achilles deposit is located 1km south of Montague-Boulder, and just north of the historic Rosie open pit mine. Mineralisation at Achilles is broadly associated with the sheared western margin of the Montague Granodiorite which forms a NNE trending structural corridor also hosting several other historical gold prospects.

The mineralisation is associated with a series of moderately (55-60°) east dipping shear structures with quartz veining which host primary mineralisation and occur within the contact zone between granodiorite and mafic lithologies. Mineralisation extends to the near surface and in places, directly beneath the base of transported cover.

The latest phase of drilling at Achilles is designed to infill the current mineral resource and upgrade the classification of a significant portion of the resource from Inferred to Indicated.

This planned RC drilling program comprises a total of ~9,600m. Results have been received for 24 RC drill holes for ~2,000m.

Significant assay results returned from infill drilling include;

• 5m @ 5.34g/t Au from 102m in ACR26014
• 8m @ 1.53g/t Au from 154m in ACR26014
• 4m @ 3.05g/t Au from 183m in ACR26014
• 11m @ 1.01g/t Au from 36m in ACR26001
• 4m @ 4.50g/t Au from 82m in ACR26002
• 1m @ 10.5g/t Au from 107m in ACR26004
• 6m @ 1.86g/t Au from 114m in ACR26006
• 16m @ 1.29g/t Au from 122m in ACR26023
• 7m @ 1.13g/t Au from 27m in ACR26021

A total of 6 diamond drill holes for 960m have also been completed at Achilles, primarily for structural, geotechnical and metallurgical purposes to support future resource upgrades and provide further data for the Pre-Feasibility Study underway.

Figure 13: Plan view map of the Achilles RC and Diamond Drill Collars

Table 1: Significant Intercepts (>1.0g/t Au) for the Bull Oak DD and RCDT drilling, +10 gram-metre intercepts highlighted.

Hole ID		From (m)	To (m)	Drilled interval (m)	Au (g/t)	Interval	Gram-metres	Notes
BODD25001		42.9	44.4	1.50	1.35	1.5m @ 1.35g/t from 42.9m	2.03	DD
BODD25001		54	55	1.00	1.05	1m @ 1.05g/t from 54m	1.05	DD
BODD25001		75.4	76.0	0.60	1.07	0.59m @ 1.07g/t from 75.4m	0.64	DD
BODD25001		92	93	1.00	2.78	1m @ 2.78g/t from 92m	2.78	DD
BODD25001		95.00	97.15	2.15	1.35	2.15m @ 1.35g/t from 95m	2.91	DD
BODD25001		113.75	128.00	13.65	1.16	13.65m @ 1.16g/t from 113.75m	15.8	DD
BODD25001		133.1	136.0	2.90	1.37	2.90m @ 1.37g/t from 133.1m	3.97	DD
BODD25001		151	157	6.00	1.88	6m @ 1.88g/t from 151m	11.3	DD
BODD25001		164.00	168.25	4.25	1.92	4.25m @ 1.92g/t from 164m	8.16	DD
BODD25001		173	186	13.00	2.26	13m @ 2.26g/t from 173m	29.4	DD
BODD25001		193	194	1.00	1.55	1m @ 1.55g/t from 193m	1.55	DD
BODD25001		201	202	1.00	1.09	1m @ 1.09g/t from 201m	1.09	DD
BODD25001		208	209	1.00	3.95	1m @ 3.95g/t from 208m	3.95	DD
BODD25001		221	227	5.10	1.34	5.09m @ 1.34g/t from 221.9m	6.86	DD
BODD25001		245.0	246.2	1.20	11.3	1.19m @ 11.3g/t from 245m	13.5	DD
BODD25001		255.00	257.45	2.45	2.30	2.44m @ 2.30g/t from 255m	5.63	DD
BODD25001		271.68	282.50	10.82	2.91	10.82m @ 2.91g/t from 271.68m	31.5	DD
BODD25001		300.00	301.25	1.25	2.48	1.25m @ 2.48g/t from 300m	3.10	DD
BODD25002		32.7	33.2	0.50	17.9	0.5m @ 17.9g/t from 32.7m	8.94	DD
BODD25002		70.00	73.63	3.63	1.32	3.63m @ 1.32g/t from 70m	4.78	DD
BODD25002		86.2	88.2	2.00	1.09	2m @ 1.09g/t from 86.2m	2.18	DD
BODD25002		106	108	2.00	2.62	2m @ 2.62g/t from 106m	5.25	DD
BODD25002		129.30	129.83	0.53	3.25	0.53m @ 3.25g/t from 129.3m	1.72	DD
BODD25002		147	148	1.00	1.30	1m @ 1.30g/t from 147m	1.30	DD
BODD25002		161	162	1.00	2.25	1m @ 2.25g/t from 161m	2.25	DD
BODD25002		170	171	1.00	2.72	1m @ 2.72g/t from 170m	2.72	DD
BODD25002		199.70	200.27	0.57	1.40	0.57m @ 1.40g/t from 199.7m	0.80	DD
BODD25002		213	219	6.00	0.94	6m @ 0.94g/t from 213m	5.66	DD
BODD25002		256	257	1.00	1.29	1m @ 1.29g/t from 256m	1.29	DD
BODD25002		266	267	1.00	1.57	1m @ 1.57g/t from 266m	1.57	DD
BODD25002		268.80	269.16	0.36	1.01	0.36m @ 1.01g/t from 268.8m	0.36	DD

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-mètres	Notes
BODD25003		0..0	0.3	0.30	1.88	0.3m @ 1.88g/t from 0m	0.56	DD
BODD25003		32.75	33	0.25	28.3	0.25m @ 28.3g/t from 32.75m	7.06	DD
BODD25003		73.50	74.1	0.60	5.51	0.59m @ 5.51g/t from 73.5m	3.31	DD
BODD25003		88.00	89	1.00	1.37	1m @ 1.37g/t from 88m	1.37	DD
BODD25003		108	109	1.00	1.83	1m @ 1.83g/t from 108m	1.83	DD
BODD25003		138	145	7.00	17.7	7m @ 17.7g/t from 138m	124	DD
BODD25003	Including	144.3	145	0.70	136	0.7m @ 136g/t from 144.3m	95.6	DD
BODD25003		172	173	1.00	1.14	1m @ 1.14g/t from 172m	1.14	DD
BODD25003		191	192	1.00	3.80	1m @ 3.80g/t from 191m	3.80	DD
BODD25003		197.40	197.75	0.35	1.35	0.34m @ 1.35g/t from 197.4m	0.47	DD
BODD25003		206	208.05	2.05	2.58	2.05m @ 2.58g/t from 206m	5.29	DD
BODD25003		217	219	2.00	1.46	2m @ 1.46g/t from 217m	2.92	DD
BODD25003		231	235	4.00	1.57	4m @ 1.57g/t from 231m	6.29	DD
BODD25003		247.2	247.5	0.30	81.6	0.30m @ 81.6g/t from 247.2m	24.5	DD
BODD25004		0.0	0.2	0.20	2.44	0.2m @ 2.44g/t from 0m	0.49	DD
BODD25004		14.12	15.2	1.08	4.32	1.08m @ 4.32g/t from 14.12m	4.67	DD
BODD25004		18.2	19.36	1.16	1.41	1.16m @ 1.41g/t from 18.2m	1.64	DD
BODD25004		43.4	45	1.60	1.19	1.6m @ 1.19g/t from 43.4m	1.90	DD
BODD25004		47.5	50.0	2.50	2.15	2.50m @ 2.15g/t from 47.5m	5.38	DD
BODD25004		56.0	58	2.00	1.41	2m @ 1.41g/t from 56m	2.81	DD
BODD25004		88.00	88.78	0.78	43.7	0.78m @ 43.7g/t from 88m	34.1	DD
BODD25004		231.60	232.48	0.88	1.32	0.87m @ 1.32g/t from 231.6m	1.16	DD
BODD25004		238	239	1.00	2.06	1m @ 2.06g/t from 238m	2.06	DD
BORCD25005		214	215	1.00	1.11	1m @ 1.11g/t from 214m	1.11	DT
BORCD25005		223.0	223.8	0.80	1.67	0.80m @ 1.67g/t from 223m	1.34	DT
BORCD25005		230.0	230.4	0.40	3.42	0.40m @ 3.42g/t from 230m	1.37	DT
BORCD25005		243	248	4.30	0.94	4.30m @ 0.94g/t from 243.7m	4.03	DT
BORCD25005		256.80	259.05	2.25	1.01	2.25m @ 1.01g/t from 256.8m	2.28	DT
BORCD25005		261.35	262.30	0.95	7.89	0.95m @ 7.89g/t from 261.35m	7.50	DT
BORCD25005		277.4	277.7	0.30	175	0.30m @ 175g/t from 277.4m	52.3	DT
BORCD25005		294	295	1.00	2.28	1m @ 2.28g/t from 294m	2.28	DT
BORCD25005		307.4	309	1.6	1.60	1.6m @ 1.60g/t Au from 307.4m	2.56	DT
BORCD25005		312	314	2	1.35	2m @ 1.35g/t Au from 312m	2.70	DT
BORCD25005		374.7	375	0.3	3.16	0.3m @ 3.16g/t Au from 374.7	0.95	DT

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-mètres	Notes
BORCD25006		207.0	208.2	1.20	7.03	1.19m @ 7.03g/t from 207m	8.44	DT
BORCD25006		212	213	1.00	2.08	1m @ 2.08g/t from 212m	2.08	DT
BORCD25006		256.0	256.5	0.50	1.06	0.5m @ 1.06g/t from 256m	0.53	DT
BORCD25006		261.5	263.0	1.50	1.84	1.5m @ 1.84g/t from 261.5m	2.75	DT
BORCD25006		275.7	276.8	1.10	1.39	1.10m @ 1.39g/t from 275.7m	1.53	DT
BORCD25006		288.55	289.00	0.45	1.94	0.44m @ 1.94g/t from 288.55m	0.87	DT
BORCD25006		291.3	291.8	0.50	1.08	0.5m @ 1.08g/t from 291.3m	0.54	DT
BORCD25007		242	244	2.00	0.99	2m @ 0.99g/t from 242m	1.97	DT
BORCD25007		247	250.5	3.50	1.12	3.5m @ 1.12g/t from 247m	3.91	DT
BORCD25007		255.02	256.00	0.98	1.16	0.97m @ 1.16g/t from 255.02m	1.14	DT
BORCD25007		275.99	278.00	2.01	1.23	2.01m @ 1.23g/t from 275.99m	2.47	DT
BORCD25009		204	210	6.00	1.58	6m @ 1.58g/t from 204m	9.48	DT
BORCD25009		218	219	1.00	2.83	1m @ 2.83g/t from 218m	2.83	DT
BORCD25009		233	235	2	7.49	2m @ 7.49g/t from 233m	15.0	DT
BORCD25009		243	244	1	1.08	1m @ 1.08g/t from 243m	1.08	DT
BORCD25009		246	249	3	1.27	3m @ 1.27g/t from 246m	3.82	DT
BORCD25009		255	257	2	1.81	2m @ 1.81g/t from 255m	3.62	DT
BORCD25009		278	279	1	1.01	1m @ 1.01g/t from 278m	1.01	DT
BORCD25009		289	291	2	3.63	2m @ 3.63g/t from 289m	7.26	DT
BORCD25009		310	311	1	21.9	1m @ 21.9g/t from 310m	21.9	DT
BORCD25009		355	356	1	1.95	1m @ 1.95g/t from 355m	1.95	DT
BORCD25009		361	362	1	1.49	1m @ 1.49g/t from 361m	1.49	DT
BORCD25009		372	373	1	1.55	1m @ 1.55g/t from 372m	1.55	DT
BORCD25009		379	381	2	1.18	2m @ 1.18g/t from 379m	2.36	DT
BORCD26001		16	18	2	7.49	2m @ 7.49g/t from 16m	15.0	RC
BORCD26001		30	33	3	2.78	3m @ 2.78g/t from 30m	8.34	RC
BORCD26001		57	58	1	3.53	1m @ 3.53g/t from 57m	3.53	RC
BORCD26001		129	130	1	0.93	1m @ 0.93g/t from 129m	0.93	RC
BORCD26001		136	141	5	1.79	5m @ 1.79g/t from 136m	8.95	RC
BORCD26001		153.52	154	0.48	28.6	0.48m @ 28.6g/t from 153.52m	13.7	DT
BORCD26001		166	168	1	2.91	2m @ 2.91g/t from 166m	5.81	DT
BORCD26001		172	173	1	14.1	1m @ 14.1g/t from 172m	14.1	DT
BORCD26001		177.5	179	1.50	1.12	1.5m @ 1.12g/t from 177.5m	1.69	DT
BORCD26001		192.7	195.62	2.92	2.61	2.92m @ 4.32g/t from 192.7m	12.6	DT

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-metres	Notes
BORCD26001		201	202.65	1.65	1.65	1.65m @ 1.65g/t from 201m	2.72	DT
BORCD26001		224	226	2	1.13	2m @ 1.13g/t from 224m	2.25	DT
BORCD26001		251	253	2	3.19	2m @ 3.19g/t from 251m	6.38	DT
BORCD26002		4	5	1	1.22	1m @ 1.22g/t from 4m	1.22	RC
BORCD26002		22	29	7	1.74	7m @ 1.74g/t from 22m	12.2	RC
BORCD26002		34	37	3	1.87	3m @ 1.87g/t from 34m	5.61	RC
BORCD26002		86	89	3	3.57	3m @ 3.57g/t from 86m	10.7	RC
BORCD26002		105	107	2	2.41	2m @ 2.41g/t from 105m	4.82	RC
BORCD26002		110	111	1	1.23	1m @ 1.23g/t from 110m	1.23	RC
BORCD26002		141	143	2	4.17	2m @ 4.17g/t from 141m	8.34	RC
BORCD26002		159	162	3	1.50	3m @ 1.50g/t from 159m	4.50	DT
BORCD26002		197	199.45	2.45	5.11	2.45m @ 5.11g/t from 197m	12.5	DT
BORCD26002		205.5	213	7.50	1.98	7.5m @ 1.98g/t from 205.5m	14.8	DT
BORCD26002		224	244	20.0	1.07	20m @ 1.07g/t from 224m	21.4	DT
BORCD26002		257	257.98	0.98	3.05	0.98m @ 3.05g/t from 257m	2.99	DT
BORCD26002		263	264	1	1.54	1m @ 1.54g/t from 263m	1.54	DT
BORCD26003		21	24	3	2.16	3m @ 2.16g/t from 21m.	6.48	RC
BORCD26003		32	37	5	2.21	5m @ 2.21g/t from 32m	11.1	RC
BORCD26003		69	70	1	2.46	1m @ 2.46g/t from 69m	2.46	RC
BORCD26003		75	83	8	5.09	8m @ 5.09g/t from 75m	40.7	RC
BORCD26003	including	77	78	1	17.4	1m @ 17.4g/t from 77m	17.4	RC
BORCD26003		90	95	5	1.88	5m @ 1.88g/t from 90m	9.40	RC
BORCD26003		127	129	2	1.04	2m @ 1.04g/t from 127m	2.08	RC

Table 2: Significant Intercepts (>0.5g/t Au) for the Bull Oak DD and RCDT drilling (unconstrained by maximum internal dilution)

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-metres	Notes
BODD25001		113.75	301.25	186.9	0.87	186.9m @ 0.87g/t from 113.75m	162	DD
BODD25003		32.75	247.50	214.75	0.97	214.75m @ 0.97g/t from 32.75m	208	DD
BODD25004		0	88.78	88.78	0.67	88.78m @ 0.67g/t from 0m	59.5	DD
BORCD25005		211.5	295	83.5	1.03	83.5m @ 1.03g/t from 211.5m	86.0	DT

BRIGHTSTAR RESOURCES LIMITED
ACN 100 727 491
brightstarresources.com.au
ASX: BTR

Table 3: Significant Intercepts (>1.0g/t Au) for the Bull Oak RC drilling, +10 gram-metre intercepts highlighted.

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-metres	Prospect
BORC26001		70	72	2	1.68	2m @ 1.68g/t from 70m	3.36	Bull Oak
BORC26001		76	78	2	1.26	2m @ 1.26g/t from 76m	2.52	Bull Oak
BORC26001		81	83	2	2.00	2m @ 2.00g/t from 81m	4.00	Bull Oak
BORC26002		65	66	1	4.54	1m @ 4.54g/t from 65m	4.54	Bull Oak
BORC26002		95	97	2	1.25	2m @ 1.25g/t from 95m	2.50	Bull Oak
BORC26002		106	107	1	1.76	1m @ 1.76g/t from 106m	1.76	Bull Oak
BORC26003		73	74	1	1.15	1m @ 1.15g/t from 73m	1.15	Bull Oak
BORC26003		80	90	10	4.00	10m @ 4.00g/t from 80m	40.0	Bull Oak
BORC26003	Including	82	83	1	31.4	1m @ 31.4g/t from 82m	31.4	Bull Oak
BORC26003		94	97	3	24.3	3m @ 24.3g/t from 94m	72.9	Bull Oak
BORC26003	Including	94	95	1	59.5	1m @ 59.5g/t from 94m	59.5	Bull Oak
BORC26003		108	110	2	1.07	2m @ 1.07g/t from 108m	2.14	Bull Oak
BORC26004		20	24	4	1.05	4m @ 1.05g/t from 20m	4.20	Bull Oak
BORC26004		28	32	4	0.97	4m @ 0.97g/t from 28m	3.88	Bull Oak
BORC26004		80	84	4	2.18	4m @ 2.18g/t from 80m	8.72	Bull Oak
BORC26004		106	107	1	1.97	1m @ 1.97g/t from 106m	1.97	Bull Oak
BORC26004		124	127	3	2.19	3m @ 2.19g/t from 124m	6.57	Bull Oak
BORC26005		118	120	2	1.76	2m @ 1.76g/t from 118m	3.52	Bull Oak
BORC26005		134	135	1	1.62	1m @ 1.62g/t from 134m	1.62	Bull Oak
BORC26005		171	181	10	0.97	10m @ 0.97g/t from 171m	9.70	Bull Oak
BORC26005		191	198	7	1.17	7m @ 1.17g/t from 191m	8.19	Bull Oak

ACN 100 727 491

brightstarresources.com.au

ASX: BTR

Table 4: Significant Intercepts (>1.0g/t Au) for the Lord Nelson RC drilling, +10 gram-metre intercepts highlighted.

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-metres	Prospect
LNRC26002		179	180	1	2.28	1m @ 2.28g/t from 179m	2.28	Lord Nelson
LNRC26002		193	196	3	2.40	3m @ 2.40g/t from 193m	7.20	Lord Nelson
LNRC26003		45	46	1	1.22	1m @ 1.22g/t from 45m	1.22	Lord Nelson
LNRC26003		67	72	5	1.77	5m @ 1.77g/t from 67m	8.85	Lord Nelson
LNRC26004		29	30	1	2.03	1m @ 2.03g/t from 29m	2.03	Lord Nelson
LNRC26004		106	107	1	1.07	1m @ 1.07g/t from 106m	1.07	Lord Nelson
LNRC26005		39	40	1	2.45	1m @ 2.45g/t from 39m	2.45	Lord Nelson
LNRC26005		50	61	11	1.04	11m @ 1.04g/t from 50m	11.4	Lord Nelson

Table 5: Significant Intercepts (>1.0g/t Au) for the Musketeer RC drilling, +10 gram-metre intercepts highlighted.

BRIGHTSTAR
RESOURCES LIMITED

Table 6: Significant Intercepts (>1.0g/t Au) for the Vanguard DD drilling, +10 gram-metre intercepts highlighted

Table 7: Significant Intercepts (>1.0g/t Au) for the Indomitable East DD drilling, +10 gram-metre intercepts highlighted

Table 8: Significant Intercepts (>1.0g/t Au) for the Havilah DD drilling, +10 gram-metre intercepts highlighted.

Table 9: Significant Intercepts (>1.0g/t Au) for the Montague-Boulder RC drilling, +10 gram-metre intercepts highlighted.

Table 10: Significant Intercepts (>1.0g/t Au) for the Achilles RC drilling, +10 gram-metre intercepts highlighted.

Hole ID		From (m)	To (m)	Drilled Interval (m)	Au (g/t)	Interval	Gram-mètres	Prospect
ACRC26018		6	7	1	1.67	1m @ 1.67g/t Au from 6m	1.67	Achilles
ACRC26018		23	25	2	1.42	2m @ 1.42g/t Au from 23m	2.84	Achilles
ACRC26018		36	37	1	3.51	1m @ 3.51g/t Au from 36m	3.51	Achilles
ACRC26018		57	58	1	1.22	1m @ 1.22g/t Au from 57m	1.22	Achilles
ACRC26018		65	69	4	1.02	4m @ 1.02g/t Au from 65m	4.08	Achilles
ACRC26019		17	19	2	2.18	2m @ 2.18g/t Au from 17m	4.36	Achilles
ACRC26021		27	34	7	1.13	7m @ 1.13g/t Au from 27m	7.91	Achilles
ACRC26023		122	138	16	1.29	16m @ 1.29g/t Au from 122m	20.6	Achilles

Table 11: Lord Nelson Reverse Circulation and diamond drillhole collar information. Holes located on tenements M57/652. Grid coordinates shown in MGA94 Zone 50.

Hole ID	Hole Type	Easting	Northing	RL	Dip	Azimuth	Hole Depth (m)	Status
LNRC26002	RC	745932	6883948	473	-61	90	204	This ASX Announcement
LNRC26003	RC	746183	6883568	473	-61	89	120	This ASX Announcement
LNRC26004	RC	746140	6883576	473	-61	91	138	This ASX Announcement
LNRC26005	RC	746105	6883574	473	-60	91	156	This ASX Announcement
LNDD25001	DD	745870	6883857	473	-52	90	221.9	Assays Pending
LNDD25002	DD	746172	6883356	471	-57	90	186.8	Assays Pending
LNDD26001	DD	746170	6883150	469	-50	90	228.2	Assays Pending

Table 12: Musketeer Reverse Circulation drillhole collar information. Holes located on tenement M57/665. Grid coordinates shown in MGA94 Zone 50.

Hole ID	Hole Type	Easting	Northing	RL	Dip	Azimuth	Hole Depth (m)	Status
INRC26001	RC	732513	6890989	493	-63	104	36	This ASX Announcement. Hole abandoned.
INRC26002	RC	732475	6890997	493	-63	104	144	This ASX Announcement
INRC26003	RC	732520	6891013	493	-65	105	120	This ASX Announcement
INRC26004	RC	732442	6891305	495	-57	130	150	This ASX Announcement
INRC26005	RC	732451	6891149	493	-68	99	162	This ASX Announcement
INRC26006	RC	732435	6891111	493	-61	101	90	This ASX Announcement. Hole abandoned.
INRC26007	RC	732433	6891068	493	-65	103	138	This ASX Announcement
INRC26008	RC	732448	6891033	493	-64	105	126	This ASX Announcement
INRC26009	RC	732481	6891025	493	-62	105	126	This ASX Announcement
INRC26010	RC	732456	6891062	493	-64	103	120	This ASX Announcement
INRC26011	RC	732477	6891057	453	-64	103	120	This ASX Announcement

Table 13: Vanguard Diamond drillhole collar information. Holes located on tenement M57/647. Grid coordinates shown in MGA94 Zone 50.

Table 14: Indomitable East Diamond drillhole collar information. Holes located on tenement M57/665. Grid coordinates shown in MGA94 Zone 50.

Table 15: Bull Oak Reverse Circulation and Diamond drillhole collar information. Holes located on tenements M57/663. Grid coordinates shown in MGA94 Zone 50.

Table 16: Havilah Diamond drillhole collar information. Holes located on tenement M57/650. Grid coordinates shown in MGA94 Zone 50.

Table 17: Montague-Boulder Reverse Circulation and DD drillhole collar information. Holes located on tenements E57/888 and M57/98. Grid coordinates shown in MGA94 Zone 50.

Table 18: Achilles Reverse Circulation and DD drillhole collar information. Holes located on tenements M57/99. Grid coordinates shown in MGA94 Zone 50.

BRIGHTSTAR RESOURCES LIMITED
ACN 100 727 491
brightstarresources.com.au
ASX: BTR

ACRC26005	RC	751478	6965475	504	-60	270	144	This ASX Announcement
ACRC26006	RC	751435	6965426	504	-60	270	126	This ASX Announcement
ACRC26007	RC	751516	6965431	504	-60	270	180	This ASX Announcement
ACRC26008	RC	751320	6965375	505	-60	270	42	This ASX Announcement
ACRC26009	RC	751361	6965382	505	-60	270	60	This ASX Announcement
ACRC26010	RC	751479	6965377	505	-60	270	120	This ASX Announcement
ACRC26011	RC	751314	6965330	504	-60	270	102	This ASX Announcement
ACRC26012	RC	751359	6965332	504	-60	270	120	This ASX Announcement
ACRC26013	RC	751398	6965330	504	-60	270	144	This ASX Announcement
ACRC26014	RC	751479	6965327	504	-60	270	200	This ASX Announcement
ACRC26015	RC	751317	6965279	503	-60	270	70	This ASX Announcement
ACRC26016	RC	751356	6965277	503	-60	270	108	This ASX Announcement
ACRC26017	RC	751400	6965279	503	-60	270	126	This ASX Announcement
ACRC26018	RC	751440	6965280	503	-60	270	150	This ASX Announcement
ACRC26019	RC	751562	6965226	503	-60	270	54	This ASX Announcement
ACRC26020	RC	751640	6965281	503	-60	270	54	This ASX Announcement
ACRC26021	RC	751249	6965294	503	-60	270	102	This ASX Announcement
ACRC26022	RC	751322	6965296	503	-60	270	108	This ASX Announcement
ACRC26023	RC	751491	6965400	503	-60	270	162	This ASX Announcement
ACRC26024	RC	751500	6965450	504	-60	270	156	Assays Pending
ACRC26025	RC	751248	6965254	503	-60	270	72	Assays Pending
ACRC26026	RC	751447	6965229	503	-60	270	84	Assays Pending
ACRC26027	RC	751451	6965203	503	-60	270	144	Assays Pending
ACRC26028	RC	751497	6965198	504	-60	270	174	Assays Pending
ACRC26029	RC	751533	6965201	504	-60	270	210	Assays Pending
ACRC26030	RC	751570	6965201	504	-60	270	54	Assays Pending
ACRC26031	RC	751610	6965205	504	-60	270	60	Assays Pending
ACRC26032	RC	751654	6965202	504	-60	270	54	Assays Pending
ACRC26033	RC	751609	6965224	503	-60	270	48	Assays Pending
ACRC26034	RC	751649	6965227	503	-60	270	42	Assays Pending
ACRC26035	RC	751438	6965174	504	-60	270	132	Assays Pending
ACRC26036	RC	751518	6965174	504	-60	270	204	Assays Pending
ACRC26037	RC	751494	6965151	504	-60	270	180	Assays Pending
ACRC26038	RC	751536	6965150	504	-60	270	210	Assays Pending
ACRC26039	RC	751480	6965121	503	-60	270	162	Assays Pending
ACRC26040	RC	751413	6965080	503	-60	270	90	Assays Pending

ACRC26041	RC	751451	6965080	503	-60	270	132	Assays Pending
ACRC26042	RC	751475	6965050	504	-60	270	144	Assays Pending
ACRC26043	RC	751570	6965027	504	-60	270	66	Assays Pending
ACRC26044	RC	751514	6965050	503	-60	270	192	Assays Pending
ACRC26045	RC	751533	6965100	504	-60	270	200	Assays Pending
ACDD26001	DD	751531	6965069	503	-59	271	192.8	Assays Pending
ACDD26002	DD	751534	6965220	503	-59	274	211.1	Assays Pending
ACDD26003	DD	751387	6965466	500	-70	170	202.4	Assays Pending
ACDD26004	DD	751372	6965068	500	-70	50	202.3	Assays Pending
ACDD26005	DD	751939	6964472	498	-70	90	75.9	Assays Pending
ACDD26006	DD	751998	6964527	500	-70	270	76	Assays Pending

This ASX announcement has been approved by the Managing Director on behalf of the Board of Brightstar.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alex Rovira
Managing Director
Email: alex@brightstarresources.com.au

Investor Relations
Lucas Robinson
Phone: +61 408 228 889
Email: lucas@corporatestorytime.com

ABOUT BRIGHTSTAR RESOURCES

Brightstar Resources Limited is an emerging gold producer and developer listed on the Australian Securities Exchange (ASX: BTR) and based in Perth, WA.

The Company hosts a portfolio of high-quality assets hosted in the Tier-1 jurisdiction of Western Australia, with over 4.0Moz of Mineral Resources across the Goldfields and Sandstone regions, ideally located near key infrastructure such as sealed highways and on granted mining leases for ready development.

Brightstar is currently advancing the Goldfields Hub into near-term gold production, with a January 2026 updated Feasibility Study outlining the production of +75,000oz per annum for six years which delivered impressive financial metrics such as ~A$1 billion in LOM cashflows, a A$606 million NPV8 and 74% internal rate of return. Brightstar is targeting commencement of gold production in JunQ'CY27.

Brightstar aspires to be a leading mid-tier gold miner via the staged development of its Goldfields Project and Sandstone Project, with current operations and proposed expansions providing a significant platform for growth.

BRIGHTSTAR
RESOURCES LIMITED

Consolidated Mineral Resources of Laverton, Menzies & Sandstone Hubs

Location	Cut-off	Measured			Indicated			Inferred			Total
	g/t Au	kt	g/t Au	koz	kt	g/t Au	koz	kt	g/t Au	koz	kt	g/t Au	koz
Alpha	0.5	-	-	-	371	1.9	22	1,028	2.8	92	1,399	2.5	115
Beta	0.5	345	1.7	19	576	1.6	29	961	1.7	54	1,882	1.7	102
Cork Tree Well	0.5	-	-	-	3,264	1.6	166	3,198	1.2	126	6,462	1.4	292
Lord Byron	0.5	311	1.7	17	2,104	1.5	105	2,974	1.5	145	5,389	1.5	267
Fish	1.6	25	5.4	4	199	4.5	29	153	3.2	16	376	4.0	49
Gilt Key	0.5	-	-	-	15	2.2	1	153	1.3	6	168	1.3	8
Second Fortune (UG)	2.5	24	15.3	12	34	13.7	15	34	11.7	13	92	13.4	40
Total - Laverton		705	2.3	52	6563	1.7	367	8,501	1.7	452	15,768	1.7	873
Lady Shenton System	0.5/1.2	-	-	-	3,725	1.4	168	4,349	1.3	184	8,074	1.4	352
Yunndaga	0.5/1.2	-	-	-	2,172	2.2	152	923	1.8	54	3,095	2.1	206
Aspacia	0.5	-	-	-	137	1.7	7	1,238	1.6	62	1,375	1.6	70
Lady Harriet System	0.5	-	-	-	520	1.3	22	590	1.1	21	1,110	1.2	43
Link Zone	0.5	-	-	-	160	1.3	7	740	1.0	23	890	1.0	29
Selkirk	0.5	-	-	-	30	6.3	6	140	1.2	5	170	2.1	12
Lady Irene	0.5	-	-	-	-	-	-	100	1.7	6	100	1.7	6
Total - Menzies		-	-	-	6,744	1.7	362	8,080	1.4	355	14,814	1.5	718
Montague-Boulder	0.6	-	-	-	522	4.0	67	2,556	1.2	96	3,078	1.7	163
Whistler	0.5	-	-	-	-	-	-	1,704	2.2	120	1,704	2.2	120
Evermore	0.6	-	-	-	-	-	-	1,319	1.6	67	1,319	1.6	67
Achilles Nth / Airport	0.6	-	-	-	221	2.0	14	1,847	1.4	85	2,068	1.5	99
Julias' (Attributable)	0.6	-	-	-	-	-	-	-	-	-	1,431	1.3	58
Lord Nelson	0.5	-	-	-	1,500	2.1	100	4,100	1.4	191	5,600	1.6	291
Lord Henry	0.5	-	-	-	1,626	1.5	78	570	1.1	20	2,197	1.4	98
Vanguard Camp	0.5	-	-	-	405	2.0	26	3,344	1.8	191	3,749	1.8	217
Havilah Camp	0.5	-	-	-	-	-	-	1,171	1.4	54	1,171	1.4	54
Indomitable Camp	0.5	-	-	-	800	0.9	23	7,400	1.1	273	8,200	1.1	296
Bull Oak	0.5	-	-	-	-	-	-	2,470	1.1	90	2,470	1.1	90
Two Mile Hill	0.5/0.73	-	-	-	1,786	1.4	82	11,160	1.6	582	12,945	1.6	664
Shillington	0.5	-	-	-	1300	1.5	61	613	1.5	30	1,913	1.5	91
McIntyre	0.5	-	-	-	496	1.2	19	67	0.9	2	562	1.2	21
Plum Pudding	0.5	-	-	-	325	1.5	15	88	1.2	4	413	1.4	19
Central Trend (Eureka, Wirraminna, Old Town, Twin Shafts, Goat Farm, McClaren)	0.5	-	-	-	1,480	1.1	53	1,131	1.1	39	2,612	1.1	91
Total - Sandstone		-	-	-	10,461	1.6	538	39,540	1.5	1,844	51,432	1.5	2,439
Total - BTR (Attributable)		705	2.3	52	23,768	1.7	1,267	56,121	1.5	2,651	82,014	1.5	4,030

• Note some rounding discrepancies may occur. Tonnes are reported as thousand tonnes (Kt) and rounded to the nearest 1000; Au ounces are reported as thousands rounded to the nearest 1,000
• Pericles, Lady Shenton & Stirling deposits are consolidated into Lady Shenton System.
• Warrior, Lady Harriet & Bellenger deposits are consolidated into Lady Harriet System.
• Note 1: Julias is located on MS7/427, which is owned 75% by Brightstar and 25% by Estuary Resources Pty Ltd. Attributable gold ounces to Brightstar include 75% of total
• Mineral Resources are reported inclusive of declared Ore Reserves.
• The Mineral Resource estimates include Inferred Mineral Resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Ore Reserves. There is also no certainty that Inferred Mineral Resources will be converted to Measured and Indicated categories through further drilling, or into Ore Reserves once economic considerations are applied.
• Mineral Resources are depleted for historical mining

Competent Person Statement – Mineral Resource Estimates

This Announcement contains references to Brightstar's JORC Mineral Resource estimates, extracted from the ASX announcements titled "Cork Tree Well Resource Upgrade Delivers 1Moz Group MRE" dated 23 June 2023, "Maiden Link Zone Mineral Resource" dated 15 November 2023, "Aspacia deposit records maiden Mineral Resource at the Menzies Gold Project" dated 17 April 2024, "Brightstar Makes Recommended Bid for Linden Gold", dated 25 March 2024, "Brightstar to drive consolidation of Sandstone Gold District" dated 1 August 2024, "Scheme Booklet Registered by ASIC" dated 14 October 2024 and "Robust Mineral Resource Upgrades at Laverton and Menzies Underpins Future Mining Operations" dated 19 May 2025, Menzies and Laverton Gold Projects Feasibility Study" dated 30 June 2025, "Brightstar pursues logical consolidation at Sandstone Hub" dated 18 July 2025, "Significant Growth in Menzies Mineral Resource" dated 11 December 2025 and "Lord Byron MRE Update" dated 12 January 2026.

Aurumin's Mineral Resource Estimates are extracted from the ASX announcement titled "Brightstar Pursues Synergistic Consolidation and Sandstone" dated 21 July 2025.

Brightstar confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the Mineral Resource estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.

Competent Person Statement – Exploration

The information presented here relating to exploration of the Menzies, Laverton and Sandstone Gold Project areas are based on information compiled by Mr Michael Kammermann, MAIG. Mr Kammermann is a Member of the Australasian Institute of Geoscientists (AIG) and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a "Competent Person" as that term is defined in the 2012 Edition of the "Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012)". Mr Kammermann is a fulltime employee of the Company in the position of Exploration Manager and has provided written consent approving the inclusion of the Exploration Results in the form and context in which they appear.

Compliance Statement

With reference to previously reported Exploration Results and Mineral Resources, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Brightstar's planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Brightstar believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration will result in the estimation of a Mineral Resource.

APPENDIX 1: JORC CODE, 2012 EDITION – TABLE 1

SECTION 1 SAMPLING TECHNIQUES AND DATA

(Criteria in this section apply to all succeeding sections)

Criteria	JORC Code Explanation	Commentary
Sampling techniques	• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
• Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
• Aspects of the determination of mineralisation that are Material to the Public Report.
• In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	Drilling carried out by Brightstar Resources Limited (BTR)
• Samples were collected by reverse circulation (RC) and diamond (DD) drilling.
• RC samples were passed directly from the in-line cyclone through a rig mounted cone splitter. Samples were collected in 1m intervals into bulk plastic bags and 1m calico splits, which were retained for later use.
• From the bulk 1m sample, a 4m composite sample was collected using a split PVC scoop and then submitted to Intertek Laboratory (BTR) for analysis by Photon method.
• RC 1m splits were submitted if the composite sample assay values are equal to or greater than 0.2g/t Au.
• Diamond core sampling on HQ/NQ diamond drill core at mostly 1m intervals. Closer spaced sampling around specific mineralized zones or structures. Samples were submitted to Intertek Laboratory for analysis by fire assay.

Drilling carried out by Alto Metals Ltd (AME) (SRC prefixes)
• RC samples were passed directly from the in-line cyclone through a rig mounted cone splitter. Samples were collected in 1m intervals into bulk plastic bags and 1m calico splits (which were retained for later use).
• From the bulk sample, a 4-metre composite sample was collected using a split PVC scoop and then submitted to the laboratory for |

Criteria	JORC Code Explanation	Commentary
		analysis.
• RC 1m splits were submitted to the laboratory if the composite sample assay values are equal to or greater than 0.2g/t Au.
Drilling techniques	• Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	• BTR RC drill holes were drilled utilising a 5.5 inch face sampling hammer and surveyed using true-North-seeking gyroscopic survey tools. Drilling was conducted by Topdrill, PXD and Hagstrom using RC drill rig and support equipment suitable for the ground conditions and depth of drilling.
• AME RC drilling was with a KWL 350 drill rig with an onboard 1100/350 compressor using a sampling hammer of nominal 140mm hole.
• BTR Diamond drilling is drilled by Topdrill and Wallis Drilling diamond drilling rigs and support equipment suitable for the ground conditions and depth of drilling. HQ and NQ diameter drill core was obtained. In areas of unconsolidated ground, triple tube configuration was used to maximise core recovery. All drill core was oriented (where possible), using the Axis Champ Ori system.
Drill sample recovery	• Method of recording and assessing core and chip sample recoveries and results assessed.
• Measures taken to maximise sample recovery and ensure representative nature of the samples.
• Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	• RC sample recovery for BTR and AME samples was qualitatively assessed and recorded by comparing drill chip volumes (sample bags) for individual metres. Sample depths were cross-checked every rod (6m). The cyclone was regularly cleaned to ensure no material build up and sample material was checked for any potential downhole contamination. Wet samples were recorded, although the majority of samples were dry. In the CP’s opinion, the drilling sample recoveries/quality are acceptable and are appropriately representative for the style of mineralisation
• Sample recoveries are recorded on sample registers with sample

ACN 100 727 491

brightstarresources.com.au

ASX: BTR

Criteria	JORC Code Explanation	Commentary
		recovery and moisture content estimated. Good sample recovery was standard in reported programs.

• All samples are weighed at the laboratory and reported as a part of standard preparation protocols. No water compromised samples are reported in this program.
• Drilling is carried out orthogonal to the mineralisation to get representative samples of the mineralisation.
• RC samples are collected through a cyclone and cone splitter. The sample required for the assay is collected directly into a calico sample bag at a designed 2kg sample mass which is optimal by Photon method.
• BTR diamond core recoveries are recorded on sample registers and recorded as part of the logging procedure with core loss quantified. Good to moderate sample recovery was observed in reported programs with moderate core loss observed in structurally deformed areas (shear zones).
• Short core runs were selected to maximise sample recovery, with core loss noted on core blocks within the core trays and subsequently checked by Brightstar personnel at the core farm.
• No grade versus sample recovery biases, or biases relating the loss or gain or fines have been identified in the drilling. |
| Logging | • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
• Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
• The total length and percentage of the relevant intersections logged. | • BTR RC holes were logged on one metre intervals at the rig by the geologist from drill chips. Logging was recorded directly into LogChief computer software.
• Diamond core is logged to specific geological intervals.
• Detailed geological logging includes the lithology, alteration, veining and mineralisation of the drill chips or core. Structural measurements are also taken from oriented drill core.
• Photographs are taken of all core as part of the sampling process. |

ACN 100 727 491 brightstarresources.com.au ASX: BTR

Criteria	JORC Code Explanation	Commentary
		• Geotechnical consultants logged selected core for geotechnical purposes.
• Logging is both quantitative and qualitative in nature, depending on the feature.
• 100% of BTR drilling is geologically logged.
• AME drill chips were sieved from each 1m sample and geologically logged. Washed drill chips from each 1m sample were stored in chip trays. Geological logging of drill hole intervals was carried out with sufficient detail to meet the requirements of resource estimation.
Sub-sampling techniques and sample preparation	• If core, whether cut or sawn and whether quarter, half or all core taken.
• If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
• For all sample types, the nature, quality and appropriateness of the sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
• Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
• Whether sample sizes are appropriate to the grain size of the material being sampled.	BTR RC drilling
• RC drilling single 1 metre splits were automatically taken at the time of drilling by a cone splitter attached to the cyclone.
• For interpreted non-mineralised areas, 4 metre composite samples were collected from the drill rig by spearing each 1m collection bag. The 4 metre composites were submitted for assay.
• Composite samples returning grade >0.1g/t Au were resampled as 1m cone-split samples with samples having been collected for upcoming laboratory analyses.
• For interpreted mineralised areas, the 1 metre splits were bagged on the static cyclone splitter on the RC rig.
• QAQC samples (blanks and standards) were submitted for all samples at a rate between 1:10 and 1:20
• Duplicate samples were taken over selected interpreted mineralised intervals to determine if sampling is representative.

ACN 100 727 491 brightstarresources.com.au ASX: BTR

Criteria	JORC Code Explanation	Commentary
		• Samples submitted for analysis via Photon assay technique were dried, crushed to nominal 85% passing 2mm, linear split and a nominal 500g sub sample taken.
• The 500g sample is assayed for gold by Photon Assay along with quality control samples including certified reference materials, blanks and sample duplicates.
• Samples volumes were typically 1.0-3.0 kg and are considered to be of suitable size for the style of mineralisation.
BTR diamond drilling
• QAQC samples (blanks and standards) were submitted for all samples at a rate between 1:10 and 1:25
• Duplicate samples were not taken in this core logging program, however sampling is deemed representative in the opinion of the competent person.
• Single cut (half core) diamond core was selected for sampling with the remaining core left for future reference and or metallurgical testwork purposes.
• Sample preparation comprised industry standard oven drying, crushing, and pulverisation to less than 75 microns. Homogenised pulp material was used for assaying.
• Internal certified laboratory QAQC is undertaken including check samples, blanks and internal standards.
• Samples volumes were typically 0.5kg-4.0 kg depending on the length of core sampled and are considered to be of suitable size for the style of mineralisation.
AME drilling
• RC samples were split from dry, 1m bulk sample via cone splitter Intertek Genalysis (Perth) and MinAnalytical Laboratory Services

ASX: BTR

Criteria	JORC Code Explanation	Commentary
		Australia Pty Ltd located in Canning Vale, Western Australia, were responsible for sample preparation and assaying for drill hole samples and associated check assays. Both are certified to NATA in accordance with ISO 17025:2005 ISO requirements for all related inspection, verification, testing and certification activities.
• 3kg 4m composite RC samples were dried and then ground in an LM5 ring mill for 85% passing 75 Microns.
• Subsequently, intervals of 4m composite samples reporting greater than 0.2g/t Au were selected for re-assay, and 1m re-split samples were submitted for 50gm fire assay or the Photon Assay method.
• RC 1m samples were analysed using 50 gm fire assay with AAS finish, or the Photon Assay method
Quality of assay data and laboratory tests	• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
• For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
• Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	BTR drilling
• 1m and 4m RC composite, and diamond drilling samples were assayed via the Photon Assay method at Intertek laboratory, Perth.
• Laboratory QC involves the use of internal lab standards, certified reference material, blanks, splits and replicates. QC results (blanks, coarse reject duplicates, bulk pulverised, standards) are monitored and were within acceptable limits. ~5-10% standards were inserted to check on precision of laboratory results.
• Laboratory QC involves the use of internal lab standards, certified reference material, blanks, splits and replicates. QC results (blanks, coarse reject duplicates, bulk pulverised, standards) are monitored and were within acceptable limits. ~5% standards were

ASX: BTR

Criteria	JORC Code Explanation	Commentary
		inserted to check on precision of laboratory results.

AME Drilling
• For AME 4m composite sampling; field duplicates and field blank samples were inserted at a ratio of 1:20.
• For 1m re-split samples; field standards, field duplicates and field blanks were inserted at a ratio of 1:20.
• AME produced their own Standards using the bulk residues remaining from laboratory prepared samples. Grades of 0.3g/t, 0.6g/t and 0.9g/t were submitted as matrix matched non-distinguishable Standards. These Standards as well as other certified reference Standards were used.
• Laboratory Certified Reference Materials and/or in-house controls, blanks, splits and replicates are analysed with each batch of samples by the laboratory. These quality control results are reported along with the sample values in the final report. Selected samples are also re-analysed to confirm anomalous results.
• Laboratory and field QA/QC results are reviewed by AME personnel. |
| Verification of sampling and assaying | • The verification of significant intersections by either independent or alternative company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
• Discuss any adjustment to assay data. | BTR Drilling
• Significant intersections have been reviewed by several company personnel.
• Data storage was captured electronically onsite using Log Chief before uploading to a cloud-based server and imported into an externally managed Datashed geological database.
• Security is set through both SQL and Datashed configuration software. Brightstar has an external consultant Database |

ASX: BTR

Criteria	JORC Code Explanation	Commentary
		Administrator with expertise in programming and SQL database administration.
• The database assay management system records all metadata within the MDS, providing full audit trails to meet industry best practice.
• No data was adjusted. No transformations or alterations are made to assay data stored in the database. The lab’s primary Au field is the one used for plotting purposes. No averaging of results for individual samples is employed. No top cuts are applied to the assays when calculating intercepts.
Location of data points	• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.	BTR and AME Drilling
• All drill collar locations were initially surveyed using a hand-held GPS, accurate to within 3-5m.
• Post drilling, a qualified contract surveyor picked up the hole collars with a RTK DGPS accurate to cm scale.
• The grid system used is MGA94 Zone 50. All reported coordinates are referenced to this grid.
• The site topography utilised a DTM from 2019 with accuracy <1m.
• DH Surveys were measured using a north seeking gyro tool every 30m with a continuous survey at end of hole.
Data spacing and distribution	• Data spacing for reporting of Exploration Results.
• Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
• Whether sample compositing has been applied.	• Holes are variably spaced with the intent of infilling hole spacings to a nominal 20m x 20m pattern across the deposits.
• No sample compositing of field samples has been applied.
• Spacing and distribution is sufficient to establish the degree of geological grade and continuity for a mineral resource estimation.

Criteria	JORC Code Explanation	Commentary
Orientation of data in relation to geological structure	• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
• If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	• The relationship between the drilling orientation and the orientation of mineralised structures is not considered to have introduced a sampling bias. Most holes have been drilled perpendicular to the main orientation of mineralisation.
• No drilling orientation related sampling bias has been identified at the project.
Sample security	• The measures taken to ensure sample security.	• BTR and AME samples were collected on site under supervision of the geologist. Visitors needed permission to visit site. Once collected samples were bagged, they were transported to Perth by company personnel or trusted contractors for assaying with Intertek. Despatch and consignment notes were delivered and checked for discrepancies.
Audits or reviews	• The results of any audits or reviews of sampling techniques and data.	• Sampling techniques and data have been reviewed internally by company personnel.

SECTION 2 REPORTING OF EXPLORATION RESULTS

Criteria	JORC Code Explanation	Commentary
Mineral tenement and land tenure status	• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
• The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	• The deposits are located within granted mining tenements;
○ Bull Oak (M57/663)
○ Vanguard (M57/647)
○ Indomitable East (M57/665)
○ Musketeer (M57/665)
○ Lord Nelson (M57/652)
○ Achilles (M57/99)
○ Montague-Boulder (E57/888 and M57/217)
• All are granted tenements are owned by 100% subsidiary companies of Brightstar Resources Limited and are held in good standing with no known impediments.
Exploration done by other parties	• Acknowledgment and appraisal of exploration by other parties.	• Modern exploration for gold in the Sandstone Greenstone Belt began with Western Mining Corporation (WMC) in the late 1970s through to the 1990s. WMC carried out 17 significant regional exploration programs and formed several joint ventures in the main Sandstone mines area and at Oroya, Hacks, and Bull Oak. After spending approximately $6M, WMC put its Sandstone assets out to tender, with Herald ultimately the successful bidder.
• Herald carried out extensive exploration throughout the project area and carried out open pit mining at Bull Oak and Oroya. The Sandstone tenements were then sold to Troy Resources NL (Troy).
• Troy undertook systematic exploration of the project area between 1998 and 2010, resulting in the discovery and

Criteria	JORC Code Explanation	Commentary
		subsequent mining of the Two Mile Hill, Bulchina, Lord Henry and Lord Nelson deposits. Troy ceased mining in August 2010 and the operations were placed on care and maintenance.

• Early explorers in the Montague Ranges included Anaconda Australia Inc. (1966-67), followed by International Nickel Australia (1971-75) evaluating a Gabbro - banded differentiated basic complex believed prospective for copper and/or nickel such as the Dulith Gabbro, USA. Strong geophysical and mineralised anomalous was encountered, however, copper-zinc enrichment was also encountered in adjacent felsic stratigraphy at Ed's Bore prospect, which was followed-up by CRA Exploration (1983-1990) to intersect polymetallic VMS enrichments at Bevan prospect (not substantively pursued).

• At Montague, Western Mining Corporation (1976) conducted investigations for copper and gold including soil sampling and IP surveying, which was followed by CRA Exploration (1984-89) working concurrently with AMOCO Minerals Australia Company (1984) and Clackline Refractories Ltd (from 1985 - to later become Herald Resources) assessing/purchasing historic mine areas from Mr W.J. Griffiths of Sandstone. RAB drilling penetrating transported cover resulted in the virgin discoveries of NE Pit by AMOCO and Whistler deposit by CRA. Later noted explorers included Dalrymple Resources NL (1987-1990) intersecting gold at the Armada (Twister) prospect, and Arimco Mining (1990- 98) intersecting gold at Lyle prospect, Victory West prospect, and copper at The Cup prospect (not substantively pursued).

• The Montague Mining Centre produced approximately 150,000oz of gold commencing in 1986 at Caledonian and NE Pits (Clackline), and continued at Montague Boulder from 1988 |

Criteria	JORC Code Explanation	Commentary
		(Herald), and was to close in 1993 after completion of the Rosie Castle open cut (Herald). Whistler open cut was mined from November 1990 (Polaris Pacific NL) and ore toll treated through the Herald mill. Little attention was paid to mineralisation other than gold. Gateway Mining in joint venture with Herald Resources continued exploration of the Montague Mining Centre, Gateway also targeting poly-metallic intrusion related - VMS models in the district from 2006.
Geology	• Deposit type, geological setting and style of mineralisation.	• The Sandstone Project covers much of the Sandstone Greenstone Belt, a triangular belt interpreted to be a north-plunging antiform situated at the northern end of the Southern Cross Domain. The belt primarily comprises mafic volcanic and intrusive units, with subordinate ultramafic, BIF and siliciclastic sediments.
• Much of the residual greenstone belt regolith is overlain by depositional material including colluvium, sheet wash alluvium and aeolian deposits. The alluvium thins in the northern and eastern parts of the project area where underlying meta-sediments and granitoids are exposed at the surface. A lateritic horizon is observed across much of the belt.

Bull Oak
• The Bull Oak granite is a porphyritic intrusion with a strike length of approximately 500m and a width of up to 150m. The intrusion has a depth of at least 250m and has relatively steep dipping boundaries. The intrusion trends north-east cutting across mafic rocks between the BIF units. The granite does not outcrop and is intensely kaolinised to clay plus quartz to a |

Criteria	JORC Code Explanation	Commentary
		depth of approximately 60m below surface. The fresh granite is a medium grained, pale grey, biotite granodiorite with traces of pyrite. Mineralisation at the Bull Oak deposit is associated with north-west trending quartz reefs, which dip approximately 30 degrees to the north-east.

Havilah
• The Havilah Mine area is underlain by a NW striking dolerite unit termed the Havilah Dolerite, bounded to the northeast by pillowed and amygdaloidal basalt, and to the southwest by ultramafic rocks.
• Within the mineralised part of the Havilah Dolerite, drilling has intersected dolerites and basalts of similar mineralogy suggesting the Havilah Dolerite is a differentiated mafic unit. Mineralisation is confined to the Havilah Dolerite close to the dolerite/basalt contact and is associated with quartz veins and stockworks within a north-dipping, NW striking mineralised shoot with a plunge of approximately 20 degrees to the north-west. Quartz-carbonate veins up to 0.5m wide have been intersected in drill core with recognisable selvedges to the mineralisation up to 10m in width. Sulphides occur both in the veins and the adjacent wall rocks and consist of dominant pyrite and arsenopyrite with minor pyrrhotite and trace chalcopyrite.

Lord Nelson
• Lord Nelson is hosted at the northern tip of a large granodiorite intrusion, that is more than 3 kilometres long and up to 800m wide. |

Criteria	JORC Code Explanation	Commentary
		• The granodiorite has intruded mafic rocks to the west (hanging wall) and ultramafic rocks to the east (footwall).
• The mineralisation is mostly within the granodiorite intrusion, with a high-grade zone on the contact between the granodiorite and the ultramafic contact.
• In general, the mineralisation trends north-northwest, dipping approximately 50° to the west increasing to 70° with depth and plunges to the south.
• The mineralisation is typically characterized by a zone of pyrite + silica + biotite +/- quartz veining that follows the ultramafic footwall contact. The main Lord Nelson deposit which was mined by Troy is hosted within a zone of intermixed high-magnesium basalt and granodiorite intrusive rocks above a footwall ultramafic unit.

Vanguard
• Drilling indicates the Vanguard mineralisation is hosted predominantly within mafic lithologies (dolerite). The average depth of weathering varies from 30 - 70m.
• Petrographic work by Alto has confirmed that differentiated dolerites and granophyres have been intersected in drill holes that host the gold mineralisation.
• Gold mineralisation is mainly associated with sulphidic quartz veins which occur as plunging shoots. The structures which host the mineralisation are interpreted from drilling to strike and have a shallow plunge to the NE.

Indomitable (Musketeer and Indomitable East) |

Criteria	JORC Code Explanation	Commentary
		• The Indomitable Camp is located within an area of alluvium covering deeply weathered, mafic and ultramafic units and banded iron formation.
• The Musketeer deposit is located within the Indomitable Camp, in an area of alluvium covering deeply weathered, mafic and ultramafic units and banded iron formation.
• There is no outcrop at Musketeer.
• Gold mineralisation is associated with a southwest-northeast striking banded iron formation within a mafic-ultramafic package and northwest-southeast cross cutting structures.
• At Indomitable East the stratigraphy is subvertical and has an east-west strike. Two main geological units are observed being a northern deeply weathered ultramafic unit and a southern unit comprising interlayered banded iron formation within deeply weathered ultramafic. Weathered banded iron formation is exposed on the surface. Elsewhere there is no outcrop.
• At Indomitable East the gold mineralisation appears to be constrained to the banded iron formation/ ultramafic package.

Achilles
• The Achilles deposit is located north of the historic Rosie open pit and includes direct extensions to existing mineralised zones along a strike distance of 500m. The mineralisation at Achilles/Rosie is broadly associated with the sheared western margin of the Montague Granodiorite which forms a NNE trending structural corridor also hosting the Airport, LA international and several other historical gold prospects. |

Criteria	JORC Code Explanation	Commentary
		• Predominantly shallow oxide and supergene in nature, the mineralisation is associated with a series of moderately (55-60°) east dipping shear structures and quartz veining which host primary mineralisation and occur within the contact zone between granodiorite, dolerite and basalt lithologies. Mineralisation extends to the near surface and in places, directly beneath the base of transported cover.

Montague-Boulder
• Mineralisation is observed in shallow WSW-dipping shear lodes, interpreted as thrust faults developed along flow boundaries within the basalt sequence, and extend eastward into a neighbouring granodiorite intrusion, the Montague Granodiorite. Near-surface mineralisation is significantly thicker, typically ranging from 15 to 30 metres, and likely due to in-situ supergene enrichment. In fresh rock, mineralisation generally measures 3 to 7 metres in thickness, with a high-grade zone of 1 to 3 metres wide. |
| Drill hole Information | • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
• easting and northing of the drill hole collar
• elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar
• dip and azimuth of the hole
• down hole length and interception depth
• hole length.
• If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the | • The relevant data for drillholes reported in this announcement is provided in the body of the announcement.
• Data for historical collars referenced in this announcement is provided in tables within the announcement. |

Criteria	JORC Code Explanation	Commentary
	understanding of the report, the Competent Person should clearly explain why this is the case.
Data aggregation methods	• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
• Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
• The assumptions used for any reporting of metal equivalent values should be clearly stated.	• Assay results reported here have been length weighted.
• Significant intercepts are reported above 1.0g/t Au with a maximum consecutive interval of internal dilution (<1.0g/t Au) of 2m, unless otherwise stated.
• No metal equivalent calculations were applied.
Relationship between mineralisation widths and intercept lengths	• These relationships are particularly important in the reporting of Exploration Results.
• If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
• If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).	• True widths are not confirmed at this time although all drilling is planned perpendicular to interpreted strike of the target lodes at the time of drilling.
Diagrams	• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	• Refer to figures in this report.
Balanced reporting	• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	• Results from all drill holes in the program have been reported at a consistent cut-off grade (>1.0g/t), and their context discussed.

Criteria	IORC Code Explanation	Commentary
Other substantive exploration data	• Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	• No other exploration data is reported here.
Further work	• The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).
• Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	• Additional drilling is being planned and if successful, further mineral resource estimates will be estimated.

APPENDIX 2: Historical Hole Details: Vanguard

Hole ID	Hole Type	Easting	Northing	RL	Azimuth	Dip	Hole Depth (m)		From (m)	To (m)	Drilled Interval (m)	Au (g/t)
SRC504	RC	746761	6880703	456	180	-60	72		117	132	15	1.70
								Including	128	129	1	11.6
SRC098	RC	746761	6880722	456	180	-60	70		92	98	6	6.07
								Including	96	97	1	13.6