Brightstar (ASX: BTR) Secures Processing Deal for Menzies Gold Project. Brightstar has signed an MoU with Paddington Gold for toll treating ore from the Lady Shenton deposit at the Paddington Processing Plant, 100km south of Menzies.
Key Highlights:
- 1.5–2.0Mt over 30 months (~50kt/month), mining starts April 2026
- Low capex: No new plant needed
- Lady Shenton Mineral Resource: 5.6Mt @ 1.5g/t Au = 273koz (45% Measured/Indicated)
- DFS with maiden Ore Reserves for Menzies and Laverton due next week
- Project now significantly de-risked
Link to the Announcement: Click Here