Brightstar Goldfields Build Reaches 50% EPC Earned Value

Brightstar gave a monthly construction update on its 100%-owned Goldfields Project in Western Australia, saying the 1.5Mtpa Laverton processing plant remains on schedule and within budget for first gold in June 2027, and disclosed that it has bought an accommodation camp in Laverton.

Overall EPC earned value has reached 50% completion and the 90% engineering milestone was achieved in October. Major SAG mill components have arrived on site, primary crusher concrete is complete, two leach tanks have been fabricated to full height and two production bores have been flow tested. Brightstar has completed the acquisition of the Boomers Mining Accommodation Camp in Laverton, which has 223 rooms, to house the workforce through peak plant construction and future shutdowns and to serve as a base for operations. At the Lord Byron open pit, grade control drilling has started and drill and blast contractor Aquirian Limited has mobilised, with the first blast targeted for the December quarter, which the company says is ahead of schedule. Open pit mining is targeted to begin early in the March quarter of 2027. Brightstar says the A$82 million placement announced on 27 October 2026 for the Sandstone Project does not change the Goldfields budget or schedule.

The release does not state the project budget, spending to date or the price paid for the Boomers camp. The on schedule and on budget description is the company's own assessment.