Brightstar Resources Ltd. publishes investor presentation on Western Australian gold development with AUD 387 million liquidity

Reuters
Mar 18
<a href="https://laohu8.com/S/BTRN.AU">Brightstar Resources Ltd</a>. publishes investor presentation on Western Australian gold development with AUD 387 million liquidity

Brightstar outlined a strategy to develop two Western Australian gold hubs, with a stated TARGET200 aspiration of producing more than 200 koz per year. The company reported Ore Reserves of 6.9 Mt at 1.6 g/t Au for 351 koz and Mineral Resources of 4.0 Moz. For the Goldfields DFS 2.0, it cited a 6-year production plan averaging about 75 koz per year and life-of-mine production of 457 koz. Brightstar reported base-case pre-tax NPV8 of AUD 606 million and pre-tax IRR of 74% for Goldfields. It also reported raising AUD 193 million in equity and a USD 120 million bond, and cited total liquidity of AUD 387 million.

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