Brightstar Resources Limited (ASX: $BTR) and Alto Metals Limited (Alto) merger announcement

Brightstar Resources Limited (ASX: $BTR) has announced the merger with Alto Metals Limited (Alto) to consolidate the Sandstone and Montague gold projects. The merger aims to create a growing West Australian gold producer with a significant resource base. The presentation contains references to JORC (2012) Mineral Resources extracted from various ASX announcements, confirming the material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

Executive Commentary on Merger and Growth Strategy

The merger of Brightstar Resources Limited and Alto Metals Limited marks a significant step towards consolidating our strategic assets and enhancing our position as a leading gold producer in Western Australia. The combined resource base and the potential for exploration and development across the Sandstone and Montague projects provide a strong foundation for our growth trajectory. We are committed to leveraging our skilled team, infrastructure, and the favourable jurisdiction to drive value for our shareholders and stakeholders.

Outlook and Ambitions

The consolidation of Sandstone and Montague projects positions Brightstar Resources Limited to become a prominent gold producer in Western Australia. With a focus on strategic consolidation and targeting 'mineable ounces', the company aims to achieve a production run rate of up to 100koz pa and TARGET200. The presentation outlines the potential for a re-rate opportunity, significant room for growth in shareholder value, and the company's plan to assess options for increasing throughput to significantly boost the production profile. Brightstar Resources Limited is poised to capitalize on the rising gold price environment and aims to achieve commercial viability through the development and mining of its projects.