Ann: Momentum Building with High Grades at Second Fortune Mine, page-3

EXCELLENT STOPE PERFORMANCE AS MINING RATES RAMPING
UP AT SECOND FORTUNE
HIGHLIGHTS
• Current stoping and development production of 7,000 - 9,000 t/month, ramping up to the
12,000 - 15,000 t/month previously achieved mining rate at Second Fortune.
• Stoping recommenced in April on the 1085 level (Main Lode South), with stoping
performing in-line with or better than expectations, achieving an average stoping width
of ~1.5 metres
• Road Haulage recommenced in April after significant weather event in previous month
• Sampled Main Lode ore vein grades within ore development drives exceeding +40g/t Au
• Surface & underground diamond drilling contractors engaged to commence resource
definition and near-mine exploration programs in near term1
Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to advise that Linden Gold Alliance Limited
(subject to an off market takeover offer by Brightstar2) have recently completed its underground capital
development program and is now in ore production on the 1085 level under its owner operator model.
Production has also started from stoping activities (Figure 2) supplementing ongoing ore drive development
along with commencement of surface road haulage activities from the Second Fortune gold mine (Figure 1).
Brightstar’s Managing Director, Alex Rovira, commented “The recommencement of ore haulage activities at
Second Fortune is exciting to see as the team builds momentum towards the steady state production rate of
12,000 - 15,000t per month by the September quarter 2024, which was the previous mining rate at Second Fortune.
Whilst the operational Linden team on site is focused on safe production, Brightstar and Linden geologists have
worked together to design a surface and underground drill program to build confidence in the existing Mineral
Resource Estimate as part of Brightstar’s broader +30,000m drilling program across the Menzies and Laverton
portfolio in the near term. This forms part of Brightstar’s commitment to unlocking the inherent value in the Linden
assets and advancing the enlarged groups’ assets towards development and monetisation of the combined
resource base within the Eastern Goldfields.”