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Goldfields Project (Menzies and Laverton), WA

Brightstar Resources Limited (BTR) | Updated Definitive Feasibility Study (DFS2.0) | Released 29 Jan 2026

Mine life
Approximately six years
Initial mine production, highlights
Strip ratio
10.2
Operating, open pit total, w:o
NPV
A$606 million
Pre-tax, 8%, A$6,000/oz base case
Capex
A$188 million
Pre-production (peak funding)

Inferred share: Inferred 27% of production target

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Inferred 27% of production target | Slope angles not disclosed | Dilution 10%, mining recovery 95% Lady Shenton, 90% Lord Byron and Cork Tree Well | Contractor mining

Also in the release

Open pit ore at 1.5g/t Au and underground at 2.6g/t Au feed a 1.5Mtpa Laverton plant at 91% recovery. C1 A$2,581/oz, AISC A$2,998/oz. Spot case (A$7,000/oz) pre-tax NPV A$911 million.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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