Brightstar Resources (ASX:BTR) signed a memorandum of understanding (MoU) with Paddington Gold, the owner and operator of the gold processing facility at the Paddington mine site in Western Australia, according to a Wednesday filing with the Australian bourse.
The MoU outlines an ore purchase agreement for the Lady Shenton deposit, allowing the company to begin open pit mining operations in 2026, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.