Brightstar Resources (ASX: BTR) is escalating its gold production activities at the Second Fortune and Fish underground operations, located within its Laverton Hub in Western Australia. Brightstar Resources is focused on gold exploration and development. The company aims to become a significant gold producer in the Laverton region.
At Second Fortune, the company has identified new opportunities to increase its gold resources through targeted drilling of the newly discovered “FTV Lode,” located to the north of the Main Lode. Historically, mining at Second Fortune had been constrained by what was known as the ‘northern fault’.
Production is currently underway at the Fish operation, with the first ore already hauled to Genesis’s Laverton mill. Brightstar has also gained access to the first ore drive via the 1350 level, which was excavated in late June. Executive Director of Operations Andrew Rich stated that Brightstar remains focused on expanding its production profile in line with its recently announced ‘TARGET200’ strategy, which aims to produce more than 200,000 ounces per annum within five years.
Brightstar is preparing for a further ramp-up in production at Fish during the September 2025 quarter. Concurrently, the company is progressing drilling programs at both Fish and Second Fortune to support targeted mineral resource upgrades and mine life extensions. Furthermore, Brightstar has commenced the next phase of drilling at the Yunndaga deposit, which currently hosts a resource of 3.4 million tonnes at 1.4 grams per tonne for 156,000 ounces of gold. The company is also advancing debt project financing workstreams and operational readiness activities to enable a final investment decision and mine development.
