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Brightstar Resources Limited (ASX:BTR)

ALERT: Price-sensitive ASX Announcement for BTR
Current share price for BTR : $0.325 -0.17 (-34.34%)+
Announcement
Release
17 Feb 2026 9:37AM
Price at Release
$0.495
Full Release
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Summary
GR Engineering Services Limited has been selected by Brightstar Resources Limited as the preferred contractor for the Laverton Processing Plant project. Located in the Eastern Goldfields region of Western Australia, this project involves the design, procurement, construction, installation, and commissioning of a 1.5 million tonnes per annum gold processing facility. The engineering, procurement, and construction contract is contingent upon the Final Investment Decision and finalisation of project funding, anticipated by late March 2026, with an estimated contract value of $115 million. An early works agreement has been executed, and initial engineering tasks have commenced.
Key Points
  • GR Engineering Services Limited appointed as preferred contractor by Brightstar Resources Limited.
  • The contract is for the Laverton Processing Plant project in the Eastern Goldfields region of Western Australia.
  • The project includes engineering, procurement, construction, installation, and commissioning of a 1.5 Mtpa gold processing facility.
  • The EPC contract is subject to Final Investment Decision and project funding expected by late March 2026.
  • Estimated contract value is $115 million, with early works agreement already executed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.