Brightstar Resources Limited (ASX:BTR) (Company or Brightstar) is pleased to announce the appointment of Nicky Martin as Chief Financial Officer, effective immediately.
Nicky is a highly experienced finance and accounting professional who has strong experience in growing Western Australian mining businesses. Nicky joins Brightstar after spending seven years at Pilbara Minerals Ltd (ASX:PLS) where she was recently the Head of Finance. Of importance to Brightstar and the development of the Menzies and Laverton Gold Projects, Nicky was responsible for overseeing the finance function of Pilbara Minerals as it developed from a DFS-stage explorer through financing, construction and development of the Pilgangoora Lithium Operation, growing into a ASX50 index mining company. Prior to Nicky's employment at Pilbara Minerals, she was Finance Manager at Minor Resources NL where was employed for eight years.
Brightstar Managing Director Alex Rovira commented: 'We are pleased to enhance our senior management with the addition of Nicky Martin to the Brightstar team. Nicky's previous experience at Pilbara Minerals is impressive, where she grew the finance team over the course of Pilbara's development journey. Nicky had significant exposure to debt and equity financings, offtake contracts, hedging and the day-to-day management of financial accounts, tax and treasury for a mining business turning over billions in free cash flow. Her demonstrable skills in finance and management will be a significant asset for Brightstar as we seek to develop multiple mines across our Laverton and Menzies Gold Projects.'
Contact:
Alex Rovira
Managing Director
Email: alex@brightstarresources.com.au
Tel: +61 408 228 889
ABOUT BRIGHTSTAR RESOURCES
Brightstar Resources Limited is a Perthbased gold exploration and development company listed on the Australian Securities Exchange (ASX: BTR). In May 2023, Brightstar completed a merger with Kingwest Resources Limited via a Scheme of Arrangement, which saw the strategic integration of Kingwest's Menzies Gold Project into the Company, with the Selkirk Mining JV at Menzies pouring first gold in March 2024 generating $6.5M profit to Brightstar. In June 2024, Brightstar finalised the offmarket takeover of unlisted WA-based gold mining company Linden Gold Alliance Limited which saw Brightstar transition to being an owner-operator at the underground Second Fortune Gold Mine located south of Laverton. Hosted in the prolific Eastern Goldfields of Western Australia and ideally located proximal to significant regional infrastructure and suppliers, Brightstar holds a significant JORC Mineral Resource of 28.7Mt @ 1.6g/t Au for 1.45Moz Au across the portfolio. Importantly, Brightstar owns the Brightstar processing plant (currently on care and maintenance), a 60-man accommodation camp and non-processing infrastructure, located 30km SE of Laverton and within 75km of +850koz Au of JORC Resources within the Laverton Hub including access to key haul road infrastructure. With a proven strategy of resource growth across its portfolio, Brightstar is aggressively drilling to expand and develop its mineral resource inventory in the Tier-1 gold district of the Eastern Goldfields with the view to becoming a substantial ASX gold producer.
Forward-Looking Statements
This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Brightstar Resources Limited's planned exploration program and other statements that are not historical facts. When used in this document, the words such as 'could,' 'plan,' 'expect,' 'intend,' 'may', 'potential,' 'should,' and similar expressions are forward-looking statements. Although Brightstar believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration will result in the estimation of a Mineral Resource.
Compliance Statement
With reference to previously reported Exploration Results and Mineral Resources, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement
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