Brightstar Resources Ltd (ASX:BTR) managing director Alex Rovira talks with Proactive’s Tylah Tully about the company’s latest updates, including its 2025 production program, expansion of the Laverton Hub and progress on key underground projects.
Rovira confirms that operations have begun at the Second Fortune underground mine, marking a significant step in monetising the company’s assets.
Brightstar has started ore haulage before processing in March, which will generate cash flow to fund exploration and development.
Under its ore purchase agreement with Genesis Minerals Ltd, up to 500,000 tonnes of ore will be processed through the Laverton mill.
Discussing growth plans, Rovira highlighted Brightstar’s commitment to becoming an owner-operator, with a definitive feasibility study (DFS) underway to refurbish the Laverton Hub’s processing infrastructure.
He also notes that the company remains debt-free and hedge-free, positioning it to maximise gains from strong gold prices.
On exploration, drilling has commenced at the Sandstone Gold Project to expand resources and upgrade inferred ounces for future mining studies.
The company is also progressing the Fish Underground Project, with regulatory approvals expected soon.
Brightstar aims to have two underground mines operating concurrently at Laverton by mid-year.