Brightstar Resources Reports AU$53 Million Gross Revenue From Processing Campaign

MT Newswires Live
04/20

Brightstar Resources (ASX:BTR) completed and reconciled the final processing campaign under its ore purchase agreement with Genesis Minerals (ASX:GMD), with a record parcel of about 140,000 tonnes at 2 grams per tonne (g/t) gold, recovering about 7,900 ounces, according to a Monday Australian bourse filing.

The company said the campaign returned gold recoveries of over 89%, trending toward the long-term average metallurgical performance of previous processing campaigns, at a gold price of AU$6,758 per ounce for record gross revenue of AU$53 million.

Brightstar said total ore processed under the Genesis agreement since commencement in March 2025 totaled about 400,000 tonnes at 2.2 g/t gold, with an average metallurgical recovery of 88%, and about 24,000 ounces of gold recovered, delivering gross sales proceeds of AU$138 million over the contract.

The company said the completion of the final parcel has fully amortized its existing working capital facility with Ocean Partners, with Brightstar currently carrying no drawn debt.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10