Brightstar Resources

ABN 44 100 727 491 
Annual Report 
30 June 2024 

Contents 
Corporate Directory 
1 
Chairman’s Letter to Shareholders 
2 
Directors’ Report 
3 
Remuneration Report 
34 
Auditor’s Independence Declaration 
44 
Consolidated Statement of Profit or Loss and Other Comprehensive Income 
45 
Consolidated Statement of Financial Position 
46 
Consolidated Statement of Changes in Equity 
47 
Consolidated Statement of Cash Flows 
48 
Notes to the Consolidated Financial Statements 
49 
Consolidated Entity Disclosure Statement 
94 
Directors' Declaration 
95 
Independent Auditor’s Report 
96 
Corporate Governance Statement 
104 
ASX Additional Information 
105 

- 1 - 
CORPORATE DIRECTORY 
Brightstar Resources Limited 
ABN 44 100 727 491 
Incorporated in Australia 
DIRECTORS 
Mr Richard Crookes 
Mr Alexander Rovira 
Non-Executive Chairman 
Managing Director 
Mr Andrew Rich 
Executive Director - Operations 
Mr Jonathan Downes 
Non-Executive Director 
Mr Ashley Fraser 
Non-Executive Director 
COMPANY SECRETARY 
Mr Benjamin Smith 
Joint Company Secretary 
Mr Luke Wang 
Joint Company Secretary 
PRINCIPAL REGISTERED OFFICE IN AUSTRALIA 
Level 2, 36 Rowland Street  
Subiaco WA 6008 
Tel:  +61 8 9481 0389 
Fax: +61 8 9463 6103 
Email:  info@brightstarresources.com.au 
Website:  www.brightstarresources.com.au 
SHARE REGISTER 
Computershare Investor Services Pty Limited 
Level 17, 221 St Georges Terrace 
Perth WA 6000 
Telephone:  +61 8 9323 2000 
Facsimile:  +61 8 9323 2033 
AUDITORS 
Pitcher Partners BA&A Pty Ltd 
Level 11, 12-14 The Esplanade 
Perth WA 6000 
ASX CODE 
BTR 

- 2 - 
CHAIRMAN’S LETTER TO SHAREHOLDERS 
Dear Shareholders, 
Although only joining the Company officially at the end of May 2024, I am delighted to be able to report on yet another 
exciting and transformational year for Brightstar Resources, with a multitude of value-creating activities and corporate 
transactions completed during the year, reflecting a high level of action and energy displayed by your executive team, 
which has continued post year-end. 
Led by Managing Director Alex Rovira, and against a background of continuing strength in the gold price, Brightstar has 
evolved from a junior exploration company into a gold producer from multiple sites, with a pipeline of low-capex, long-life 
projects to be developed.  
The key highlights for the year are included in the Directors’ Report, however I’d just like to touch on a couple of the key 
milestones. 
A highlight for Brightstar was to realise significant positive cashflow from the Selkirk Mining Joint Venture (with BML 
Ventures Pty Ltd) at the Menzies Gold Project. The maiden gold pour occurred in March 2024 from the toll-milling of the 
Selkirk ore at the Gwalia processing plant owned by Genesis Minerals. The toll-milling exercise generated over $6 million 
in free cashflow for Brightstar, which coupled with over $20 million raised across three capital raisings, comfortably 
supported all the exploration and corporate activities completed during the year. The strengthening share register is 
pleasing to note as the increase in institutional ownership of the Company represents a maturing of the Company’s 
ownership.  
The acquisition of Linden Gold Alliance Limited significantly boosted the near-term cashflow potential for Brightstar, with 
the addition of the operating Second Fortune underground gold mine and the development-ready Jasper Hills project 
representing a strong pipeline of organic growth for near-term, low capex production opportunities.  
With the recently announced transaction to acquire and consolidate an exciting tenement package in the Sandstone district, 
the Company is now primed to sit with three 100%-owned potential production hubs containing over 3 million ounces of 
gold across the renowned Menzies, Laverton and Sandstone gold belts in Western Australia. It is notable that the majority 
of the defined and published JORC-compliant mineral resources lie on granted ML’s, which can be potentially mined with 
modest lead-times and reduced permitting risk.  
Moving rapidly to production and exponentially growing the size of the Company will require board & management to adapt 
and be proactive to the change in risk profile. Our key focus will be to provide the governance framework and strategic 
guidance to support this growth and to create value for all stakeholders. The board will endeavour to support the executive 
team in the areas of Finance, Operations, ESG and Growth by ensuring the appropriate risk management framework is in 
place to best position Brightstar as it grows its operations.   
As we move forward to develop our assets, we remain committed to transparency and accountability in our sustainability 
efforts and to social value creation. We invite all our stakeholders to join us on this journey towards ensuring our legacy is 
positive and long lasting. 
Finally, I would like to thank my fellow directors, the Brightstar team and our contractors and consultants for all their hard 
work this year. I would also like to express our appreciation to our shareholders for their continued support and confidence 
that Brightstar will deliver long term shareholder value. 
Sincerely, 
Richard Crookes 
Chairman 
27 September 2024 

- 3 - 
DIRECTORS’ REPORT 
The directors present their report together with the financial report of the consolidated entity consisting of Brightstar 
Resources Limited (“BTR”, “Brightstar” or “Company”) and its controlled entities (the Group) for the financial year ended 
30 June 2024, and independent audit report thereon. 
DIRECTORS 
The names of directors who held office during or since the end of the year and until the date of this report are as follows. 
Directors were in office for this entire period unless otherwise stated. 
Name, qualifications and 
independence status 
Experience, special responsibilities and other directorships 
Mr Richard Crookes 
BSc (Geology), Grad Dip Applied 
Finance, MAusIMM, FFINSIA and 
MAICD 
Non-Executive Chairman 
Appointed 31 May 2024 
Mr Crookes has over 35 years’ experience in the resources and 
investments industries.  He is a geologist by training having previously 
worked as the Chief Geologist and Mining Manager of Ernest Henry Mining 
in Australia.   
Mr Crookes is Managing Partner of Lionhead Resources (a Critical 
Minerals Investment Fund) and formerly an Investment Director at EMR 
Capital.  Prior to that he was an Executive Director in Macquarie Bank’s 
Metals Energy Capital (MEC) division where he managed all aspects of the 
bank’s principal investments in mining and metals companies. 
Other current ASX directorships:  
Black Rock Mining Ltd (since October 2017), and  
Vital Metals Ltd (since August 2022) 
Former ASX directorships in the last three years:  
Lithium Power International Ltd (resigned March 2024), 
Barton Gold Holdings Ltd (resigned May 2022), and 
Highfield Resources Ltd (resigned March 2022) 
Mr Alexander Rovira 
BSc (Geol), BCom (CorpFin) 
GradDipAppFin 
Managing Director 
Mr Rovira is an experienced corporate finance and geology professional.  
Prior to joining the Company Mr Rovira worked as an investment banker for 
nine years, focusing on the metals and mining sector.  
Other current ASX directorships: None 
Former ASX directorships in the last three years: None 
Mr Andrew Rich 
B. Eng (Mining)
Executive Director - Operations 
Appointed 31 May 2024 
Mr Rich was the Managing Director of Linden Gold Alliance Limited 
(Linden) leading Linden’s business across mining and corporate functions. 
He has 14 years’ experience as a mining engineer and underground 
manager across gold and nickel.  He successfully led the delivery of three 
underground mining projects through construction into production at 
Westgold Resources Ltd, Ramelius Resources Ltd and Linden. 
Other current ASX directorships: Javelin Minerals Limited (since 6 
August 2024) 
Former ASX directorships in the last three years: None 

- 4 - 
DIRECTORS’ REPORT 
DIRECTORS (CONTINUED) 
Mr Jonathan Downes 
BSc Geol, MAIG 
Non-Executive Director 
Mr Downes has over 25 years’ experience in the minerals industry and has 
worked in various geological and corporate capacities. Experienced with 
nickel, gold and base metals, he has also been intimately involved with the 
exploration process, development through to production. 
Other current ASX directorships:  
Kaiser Reef Limited (since September 2019),  
Cazaly Resources Ltd (since November 2021) 
Former ASX directorships in the last three years:  
Corazon Mining Limited (resigned September 2023) and 
Galena Mining Limited (resigned October 2021) 
Mr Ashley Fraser 
B. Eng (Mining)
Non-Executive Director 
Appointed 31 May 2024 
Mr Fraser is an experienced mining and heavy industries executive with 
over 30 years of mining engineering, operational and executive experience 
in gold, copper, manganese and coal.  He was the Executive Chairman of 
Linden and founder of Orionstone Holdings Limited (now Emeco Holdings 
Limited) and Blue Cap Mining (mining services and development company) 
and Blue Capital Equities Pty Ltd as trustee for Blue Capital Trust No.2 
(resources and private equity fund). 
Other current ASX directorships: None 
Former ASX directorships in the last three years: None 
Mr Gregory Bittar 
B. Econ, B. Law (Hons), MFin
Non-Executive Chairman 
Resigned 31 May 2024 
Mr Bittar has extensive experience in public and private markets mergers 
and acquisitions, capital markets and strategic advisory assignments 
across a range of sectors including general industries, metals and mining, 
mining services and energy. Mr Bittar has worked for Bankers Trust, Baring 
Brothers Burrows and with Morgan Stanley in London, Melbourne and 
Sydney. 
Other current ASX directorships:  
Horizon Oil Limited (since March 2017) 
Former ASX directorships in the last three years: 
None 
Mr Josh Hunt 
LLB, BCom 
Non-Executive Director 
Resigned 31 May 2024 
Josh Hunt is an experienced capital markets and M&A lawyer and has 
extensive experience in all aspects of mining and energy project 
acquisitions and disposals and general mining legislation compliance 
throughout Australia. He has advised on numerous IPOs, fundraisings, and 
acquisitions by both public and private companies on the ASX and 
internationally. Mr Hunt assists the BTR board with corporate governance, 
company law and capital market management going forward. 
Other current ASX directorships:  
Synergy Group Limited (since May 2022) 
Former ASX directorships in the last three years: 
None 
Mr Tony Lau 
FCPA(HK) 
Non-Executive Director 
Resigned 31 October 2023 
Mr Lau has over 20 years of audit, accounting, and corporate finance 
experience.  He worked in PricewaterhouseCoopers in Hong Kong for 12 
years and thereafter held a senior finance executive for a number of PRC 
Groups in Hong Kong.  He had extensive exposures in working on complex 
projects including overseas mergers, acquisitions, and IPOs. 
Other current ASX directorships: 
None 
Former ASX directorships in the last three years: 
None 

- 5 - 
DIRECTORS’ REPORT 
JOINT COMPANY SECRETARYS 
Benjamin Smith  
Joint Company Secretary 
Mr Smith is a Chartered Accountant and has over ten years’ experience in finance, accounting and corporate advisory. His 
experience includes three years at BHP’s Nickel West, and five years auditing ASX listed companies prior to that. More 
recently he is serving as Company Secretary for ASX listed company Rubix Resources Limited and Estrella Resources 
Limited. 
Luke Wang 
Joint Company Secretary 
Mr Wang is a Certified Practising Accountant. He holds a Master of Professional Accounting and Postgraduate Diploma in 
Taxation from the Curtin University. Mr Wang joined the Company in 2012. In addition to his role as Company Secretary, 
he is Financial Controller of the Company overseeing financial and administration activities. 
DIRECTORS MEETINGS 
The number of Board meetings attended by each Director of the Company during the financial year are: 
Director 
Meetings attended 
Eligible to attend 
Richard Crookes 
2 
2 
Alex Rovira 
10 
10 
Andrew Rich 
2 
2 
Jonathan Downes 
9 
10 
Ashley Fraser 
2 
2 
Gregory Bittar 
8 
8 
Josh Hunt 
8 
8 
Tony Lau 
1 
1 
PRINCIPAL ACTIVITIES 
The principal activities of the Group during the financial year were mineral exploration, development and mining. 

- 6 - 
DIRECTORS’ REPORT 
REVIEW OF OPERATIONS 
Key Highlights 
•
Completion of the merger with Linden Gold Alliance Limited1,2 (Linden) transitioning the Company into an
emerging gold producer and near-term developer with a post-merger combined +1.45Moz of gold JORC 2012
Mineral Resources.  As part of the Linden acquisition, the Company completed a Scoping Study into the
development of Linden’s Jasper Hills Gold Project that illustrated compelling financial outcomes.
•
Completion of the Menzies and Laverton Gold Project Mine Restart Study3 in September 2023 for the
development of the 100% owned Menzies and Laverton Gold Projects, with Feasibility Study workstreams
commenced following positive outcomes from the Mine Restart Study.
•
Commencement of a +30,000m reverse circulation (RC) and diamond (DD) drilling campaign in May 20244 across
the Company’s portfolio of assets, targeting resource upgrades and extensions in conjunction with Feasibility
Study workstreams. Additional related studies included an independent valuation of the Company’s mill and
associated site infrastructure for $60.9 million5.
•
Completion of successful mining campaign at the Company’s Menzies Gold Project6, with ore mined from the
Selkirk Mining JV and processed at Genesis Minerals’ Gwalia Gold Mine, resulting in net cash receipts of $6.5
million to Brightstar (Brightstar’s 50% profit share) during the financial year.
•
Declaration of two maiden Mineral Resource Estimates at the Menzies Gold Project, including the shallow Link
Zone deposit of 21koz @ 1.1g/t Au7 and the Aspacia deposit of 70koz @ 1.6g/t Au8, realising a ~20% increase in
JORC Mineral Resources at Menzies under the Company’s ownership since completion of the Kingwest
Resources acquisition in 2023.
•
Diamond drilling results completed during the year at Cork Tree Well in the Company’s Laverton Gold Project,
targeting pit shells generated during the Mine Restart Study, returned high-grade intercepts including 27m @
17.8g/t Au9,10.
•
Execution of a binding Earn-In Agreement11 with DevEx Resources Limited (DevEx) in July 2023 giving the
opportunity to earn up to a 75% interest in the non-gold mineral rights associated with exploration licences
E29/0966 and E29/0996.
•
Execution of a tenement swap12 with Ardea Resources Limited (Ardea) to rationalise the Company’s portfolio
across Menzies streamlining the pathway towards a restart for gold production

- 7 - 
DIRECTORS’ REPORT 
Exploration 
During the financial year the Company released two maiden Mineral Resource estimates at the Menzies Gold Project. 
Reverse Circulation drilling programs were completed at Lady Shenton System, Aspacia and Link Zone (Menzies Gold 
Project), with RC, Diamond and regional aircore programs completed at the Cork Tree Well deposit9,10,13,14,15 (Laverton 
Gold Project). 
MENZIES GOLD PROJECT 
Aspacia Drilling and Maiden Resource Estimate8,16,17,18,19 
Two RC drilling campaigns were completed at Aspacia (Figure 1) during the financial year with best intercepts returned 
including:  
•
MGPRC020: 1m @ 39.58 g/t Au from 56m
•
MGPRC025: 1m @ 16.16g/t Au, within 4m @ 4.79g/t Au from 112m
•
MGPRC025: 1m @ 6.85g/t Au, within 4m @ 2.45g/t Au from 96m
•
MGPRC078: 1m @ 13.91g/t Au from 60m
•
MGPRC086: 1m @ 13.03g/t Au from 84m
•
MGPRC014: 1m @ 12.12g/t Au from 113m
Figure 1 - Plan view of Aspacia drill collars and interpreted surface lode expressions 

- 8 - 
DIRECTORS’ REPORT 
Exploration (continued) 
The drilling programs were used to complete the April 2024 maiden Mineral Resource Estimate (MRE) for Aspacia with a 
JORC2012- compliant MRE of 1.37 Mt @ 1.6 g/t Au for 70koz Au at a 0.5g/t Au cut-off grade was reported. Within this 
resource, there is a high-grade subset of 290kt @ 3.72g/t Au for ~35koz utilising a 2.0g/t Au cut-off which is considered to 
be a typical economic cut-off for conventional WA goldfields underground operations. 
Future work at Aspacia will include broader exploration programs within a 500m radius of Aspacia, targeting previously 
mined deposits including the First Hit mine and other historic workings. Additional drilling will also target selected areas to 
upgrade the JORC Mineral Resource confidence into Indicated classification, along with extensional drilling to continue to 
grow the resource at depth and along strike. 
Figure 2 - Aspacia Headframe with RC drill in background (July 2023) looking South 
Link Zone Drilling and Maiden Resource Estimate 7,18,19,20,21,22 
Over the financial year, several drilling campaigns were conducted at the Link Zone within the Menzies Gold Project. A 
total of 104 RC holes were drilling totalling 7,389 metres. Best intercepts from the 2023 drilling programs (Figure 3) include: 
•
1m @ 13.95 g/t Au from 45m (MGPRC036)
•
4m @ 3.21 g/t Au from 40m (MGPRC034)
•
3m @ 4.29 g/t Au from 45m (MGPRC037)
•
4m @ 1.99 g/t Au from 54m (MGPRC038)

- 9 - 
DIRECTORS’ REPORT 
Exploration (continued) 
Figure 3 - Link Zone showing locations of Westralian Menzies (west), Merriyulah (centre) and Golden Dicks 
(east) 
In late 2023, Brightstar announced a maiden JORC Mineral Resource Estimate at the Link Zone of 21koz @ 1.1g/t Au 
(Table 1) from shallow, near surface material. The Link Zone is located ~1km south of the 287koz Au Lady Shenton System 
and ~1km north of the 43koz Au Lady Harriet System at the Menzies Gold Project.  
Table 1 - Link Zone Resource Table Summary (November 2023) 
Location 
Measured 
Indicated 
Inferred 
Total 
Au 
Cut-
off 
(g/t) 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Golden 
Dicks 
0.5 
- 
- 
- 
82 
1.15 
3 
146 
1.06 
5 
228 
1.09 
8 
Merriyulah 
0.5 
- 
- 
- 
37 
1.20 
1 
166 
1.24 
7 
202 
1.23 
8 
Westralian 
Menzies 
0.5 
- 
- 
- 
26 
1.23 
1 
159 
0.82 
4 
185 
0.88 
5 
Total – Link Zone  
 
- 
- 
- 
145 
1.17 
5 
470 
1.04 
16 
615 
1.07 
21 
Note some rounding discrepancies may occur 

- 10 - 
DIRECTORS’ REPORT 
Exploration (continued) 
A further two RC programs were completed in 2024 with significant intercepts including: 
•
1m @ 54.77g/t Au from 10m (MGPRC049)
•
7m @ 3.09g/t Au from 84m (MGPRC050)
•
2m @ 4.46g/t Au from 6m (MGPRC059)
•
9m @ 4.4 g/t Au from 18m, including 1m @ 29.1 g/t Au from 18m (LZRC24029)
•
18m @ 1.2 g/t Au from 4m (LZRC24011)
•
9m @ 1.7 g/t Au from 23m (LZRC24013)
•
5m @ 2.0 g/t Au from 2m, and 4m @ 2.4 g/t Au from 14m (LZRC24021)
•
5m @ 1.3 g/t Au from 28m, and 1m @ 3.5 g/t Au from 37m (LZRC24004)
•
1m @ 20.2 g/t Au from 16m (LZRC24016)
The program was designed to both infill and extend known boundaries of mineralisation with the intent of advancing it 
towards potential near-term mining opportunities. The shallow gold results at the Link Zone, as illustrated in Figures 4 and 
5, continue to illustrate the potential for a modest scale mining operation to generate working capital to organically fund 
exploration and development activities ahead of the envisaged larger scale development of Brightstar’s Menzies and 
Laverton Gold Projects. 
Figure 4 - Cross Section of Golden Dicks deposit, highlighting shallow nature of mineralisation 

- 11 - 
DIRECTORS’ REPORT 
Exploration (continued) 
Figure 5 - Cross Section of Merriyulah deposit, showing stacked lodes against $3,000/oz conceptual pit shell 
On-going assessment and approvals for a small-scale mining campaign at the Link Zone are continuing, with a small 
diamond hole program being planned at the end of the reporting year. This diamond core material is intended to be utilized 
and assessed for geotechnical and metallurgical test work being conducted in parallel with mining studies. 
Lady Irene RC Drilling Assays18 
RC Drilling results at the Lady Irene deposit (drilled during the previous financial year) were reported during this reporting 
year, with a maximum intercept of 1m @ 17.12g/t Au from 124m received in MGPRC002, with MGPRC009 returning a 
broad intercept of 8m @ 4.09g/t Au including 1m @ 16.57g/t Au from 143m. 
During the RC program, drilling conditions encountered a highly sheared mafic-ultramafic contact with variable quartz 
veining within and along the Menzies Shear Zone, which is a different mineralisation style to the deposits near and south 
of Menzies (Figure 6).  

- 12 - 
DIRECTORS’ REPORT 
Exploration (continued) 
Figure 6 - Plan View of Menzies Northern Tenements and resources 
Figure 7 - Long Section of Lady Irene showing reported results (MGPRC002, MGPRC009) 

- 13 - 
DIRECTORS’ REPORT 
LAVERTON GOLD PROJECT 
Cork Tree Well Drilling9,10,13,14 
Over the past year, a total of 142 holes were drilled at the Cork Tree Well Project totalling 6,660 metres. A program of 20 
diamond holes were additionally drilled at the Cork Tree Well Deposit (M38/346) totalling 2,085 metres (Figure 8). The 
holes were drilled for metallurgical and geotechnical test work purposes, with several significant high-grade gold intercepts 
returned including; 
•
CTWMET003: 27.6m @ 17.77 g/t Au from 51m
•
CTWMET001: 11.4m @ 3.1g/t Au from 133.5m, and 8.3m @ 1.45g/t Au from 120.7m
•
CTWMET004: 34.4m @ 7.94g/t Au from 43.5m
•
CTWGT007: 8.2m @ 1.67 g/t Au from 103.0m
•
CTWGT008: 8.4m @ 3.97 g/t Au from 161.65m
Figure 8 - Collar plan for the Cork Tree Well Diamond Drilling program 

- 14 - 
DIRECTORS’ REPORT 
LAVERTON GOLD PROJECT(CONTINUED) 
The intercepts in hole CTWMET001 and CTWMET002 were returned from below the historical shallow open pits. The 
results from this drilling have increased the Company’s understanding of the geology and mineralisation styles. These 
results reinforce the view that the gold mineralisation at Cork Tree Well is structurally hosted, with a mafic metadolerite 
host rock observed in CTWMET003 and CTWMET004 contrasting to the sedimentary rock units hosting gold mineralisation 
within CTWMET001 and CTWMET002 with representative cross-sections shown in Figures 9 and 10. 
Figure 9 - Cross section A-A’ showing the intercept in CTWMET001 below the historic open pit (Figure 8) 

- 15 - 
DIRECTORS’ REPORT 
LAVERTON GOLD PROJECT (CONTINUED) 
Figure 10  - Cross section B-B’ showing the intercept in CTWMET003 within the unmined Delta deposit (Figure 8) 
A nine hole, +2,000m RC drilling program was completed at the Cork Tree Well Deposit in August 2023, which returned 
numerous high-grade hits including:  
•
1m @ 109.6g/t Au from 167m and 3m @ 8.7g/t Au from 197m (BTRRC224)
•
18m @ 2.75g/t Au from 83m (BTRRC225)
•
9m @ 3.05g/t Au from 203m (BTRRC229)
•
13m @ 1.24g/t Au from 156m (BTRRC232)
A 2,500m regional aircore program was drilled to the north of the existing mineral resource estimate at Cork Tree Well in 
order to delineate target areas for further drill testing for resource growth. 
Results indicate that the prospective horizons that host gold mineralisation at Cork Tree Well are present for a further 
1.5km of strike length to the north of M38/346, indicating a compelling extensional drill target. The current Cork Tree Well 
Mineral Resource Estimate of 303koz @ 1.4g/t Au is open at depth and now along strike, representing significant potential 
for resource extensions (Figures 9, 10 & Figure 11). 

- 16 - 
DIRECTORS’ REPORT 
LAVERTON GOLD PROJECT (CONTINUED) 
Figure 11 - Plan view of Cork Tree Well collar locations and section lines (refer Figures 11,12) 

- 17 - 
DIRECTORS’ REPORT 
LAVERTON GOLD PROJECT (CONTINUED) 
Figure 12 - Cross section of A-A' of BTRRC224 (looking north) 
Figure 13 - Long section of BTRRC225 and BTRRC226 (looking east) 

- 18 - 
DIRECTORS’ REPORT 
Operations 
Selkirk Mining Joint Venture16 
In November 2023 the Company mined first ore at Selkirk under the previously announced mining joint venture (JV) with 
BML Ventures Pty Ltd.  The mining campaign was successfully completed during February 2024 with over 35,000 tonnes 
of ore mined and hauled to Genesis Minerals’ (ASX: GMD) Gwalia processing plant.  Toll treatment of the ore by Genesis 
was completed in March 2024 and gold pours finalised in late March 2024 (Figure 12) with a total of 430.7kg of gold doré 
poured during the processing campaign.   
The JV concluded production reconciliations with Genesis during April 2024 and finalised all costs associated with the JV.  
Total reconciled and recovered precious metals production attributable to the JV were 7,468oz Au and 5,651oz Ag resulting 
in revenue of $24.9 million.  Net profit attributable to the JV of $13.02 million (after JV costs) was split between the JV 
parties with Brightstar’s 50% share of $6.5 million received in May 2024.  
Figure 14 - Shipment 2: Gold doré bars BTR005 – BTR016 (poured on 9/3/24) and BTR017 – BTR028 (poured 12/3/24) 
Second Fortune Gold Mine23 
The Company acquired the Second Fortune Gold Mine in early June 2024 as part of the Linden acquisition.  The Second 
Fortune mine recommenced stoping activities in April 2024, with targeted production rates ramping-up towards previous 
mining run rates. This ramp up of mining operations was a result of Linden transitioning towards being an owner-operator 
during the 1H CY2024, which saw Linden internally resourcing all the mining equipment, operators and technical services 
staff to operate the Second Fortune mine. 
During the June 2024 Quarter, Linden completed 312.3 metres of decline and capital development, and 279 metres of ore 
drive development. 
Total ore tonnes mined for the June 2024 Quarter was 8,905t @ 3.2g/t Au.  This ore and existing ROM stocks were 
transported to Genesis Minerals’ Gwalia processing plant for processing during the June 2024 Quarter under a prior Linden 
Ore Purchase Agreement (OPA). In total, 10,562t @ 3.02g/t Au (unreconciled) was processed and recovered under the 
OPA in the June 2024 Quarter. 
The Second Fortune mine maintains a well-established geological control and reconciliation practice for its ore drive 
development. Face sampling taken during the June 2024 Quarter as part of geological controls taken from the 1085 Main 
Lode North drive returned significant gram-metre (g/m) vein intercepts as shown in Figure 13 which include: 
•
1085-ML-N-17: 0.30m @ 40.90g/t Au (12.3g/m)
•
1085-ML-N-18: 0.35m @ 31.65g/t Au (11.0g/m)
•
1085-ML-N-20: 0.40m @ 45.21g/t Au (18.0g/m)
•
1085-ML-N-21: 0.45m @ 41.31g/t Au (18.6g/m)
•
1085-ML-N-22: 0.30m @ 32.48g/t Au (9.7g/m)
•
These face samples located in the northern section of the orebody highlight the high-grade nature of the
Second Fortune Main Lode vein.

- 19 - 
DIRECTORS’ REPORT 
Operations (continued) 
The Company is investing into the future of the Second Fortune mine, with surface and underground drilling to enable 
increased ore body knowledge and geological controls, which will support improved mine planning and operations over 
the medium-longer term. 
Figure 15 - Recent face samples from the Second Fortune Mine 1085 Main Lode North 

- 20 - 
DIRECTORS’ REPORT 
Studies 
Completion of the Laverton and Menzies Gold Project Mine Restart Study in September 2023 assisted with the PFS 
workstreams that took place during the financial year.  In July 2024 the Company announced its decision to upgrade the 
PFS study to a Definitive Feasibility Study (DFS).   
Laverton and Menzies Gold Project Mine Restart Study3 
A positive mine restart study was completed in September 2023 for the development of the 100% owned Menzies and 
Laverton Gold Projects. Highlights from the study include: 
•
Initial mine production target of approximately 5.28Mt @ 2.00g/t Au for 322,617 oz over approximately 8 years.
•
Average recovered ounces of +45koz pa in first five years, with average LOM production of ~40kozpa and
strong potential to increase production profile and mine life.
•
The staged mine plan provides early cashflow from the Menzies Gold Project to organically fund the restart of the
Laverton Gold Project
•
Total project pre-production capital of approximately $22 million
•
Rapid restart with first Menzies gold within six months of mining commencement and first Laverton gold within
nine months from the commencement of processing plant upgrades
•
Study highlights robust financials and a competitive cost profile utilising conservative pricing assumptions and
current cost environment:
o
Net Present Value (unlevered, pre-tax, 8%) of approximately A$103 million using a gold price of
A$2,900/oz
o
Pre-tax internal rate of return (IRR) of approximately 79%
o
NPV8 (at September 2023 spot gold price of A$3,000/oz) of approximately A$128m and IRR of
approximately 106%
o
Payback period of approximately 1.5 years, underpinned by 70% of material processed being
Measured and Indicated Mineral Resources
o
All-In Sustaining Costs (AISC) of approximately A$2,041/oz
•
Strong returns on investment driven by low capital start-up metrics delivers a readily fundable project
development:
o
NPV / Capex ratio of approximately 4.6x
o
Capital Intensity of A$559/oz (pre-production capital divided by annual gold production)
Jasper Hills Scoping Study24 
In March 2024 the Company completed the Scoping Study relating to the development of the Jasper Hills Gold Project 
(Jasper Hills).  Jasper Hills was acquired by Brightstar as part of the Linden acquisition.  Jasper Hills is located only 50km 
SE of Brightstar’s processing infrastructure and is well placed to support Brightstar’s ambition of becoming a meaningful 
WA gold producer.  The main activities included in the study were open pit mining at the Lord Byron deposit, shallow 
underground mining of the Fish Deposit and offsite haulage and toll treatment of the Jasper Hills gold ore at regional third-
party processing facilities.   
Highlights of the Scoping Study include: 
•
Initial mine production target of 2.4Mt @ 1.84g/t Au for 141,958 oz to be mined over approximately 3.75 years.
•
Average recovered ounces of ~35koz pa, with strong potential to increase production profile and mine life
•
Total project pre-production capital costs of approximately $12.0 million
•
Rapid restart with first gold within six months of final investment decision
•
Study highlights robust financials and a competitive cost profile utilising conservative pricing assumptions and
current cost environment:
o
Net Present Value (unlevered, pre-tax 8%) of approximately $99.0 million using a gold price of
A$3,000/oz
o
Pre-tax internal rate of return (IRR) of approximately 736%
o
Payback period of approximately 9 months, with this period underpinned by 100% of material
processed being Measure and Indicated classified ounces
o
All-In Sustaining Costs (AISC) of approximately $1,972/oz
•
The JORC Resources contained within the mine plan for the first year are 99% Measured & Indicated classification
(Figure )
•
Rapid commencement and generation of cashflow is possible, with first gold within six weeks of mining due to
utilisation of third-party processing facilities in the Laverton region

- 21 - 
DIRECTORS’ REPORT 
Studies (continued) 
The Jasper Hills study focused on delivering high quality outcomes at a low upfront capital cost. The following presents 
upside to the financial outcomes:  
•
Only 48% of the current Mineral Resource Estimate is included in the mining production target of the Jasper Hills
study, providing additional opportunities to extend project life and increase the LOM production target rate
•
Meaningful reductions in ore haulage and processing costs could be achieved with a larger scale upgraded
Brightstar processing plant
•
Further infill and extensional exploration to increase near surface resource size, grade and confidence
classification that can optimise into future mine plans
•
Underground resource growth: Fish Mineral Resource remains open down dip. The current mine plan is down to
~150m vertical depth and only mines the Indicated classification of Mineral Resource
•
The Company’s Laverton tenure is largely untested by historic exploration. Regional deposits have the potential
to contribute to longer term mining material
Figure 16 - Jasper Hills Mining production (tonnes) by JORC Resource Category 
Processing Plant Valuation5 
As part of ongoing feasibility study work the Company progressed with workstreams regarding the refurbishment and 
expansion of the Company’s Processing Plant (Figure 17) to support further potential increased throughput and 
consequential increased annual production profile from its Laverton operations. As part of these works, the Company 
commissioned an independent valuation of the mill and associated site infrastructure. The purpose of this report was to 
inform the appropriate level of insurance cover to protect these strategic assets while the Company continues its regional 
development and assessment of potential options to commence accelerated production operations. This report has valued 
the Processing Plant and associated infrastructure at $60.9 million on an “as new” replacement value basis. 

- 22 - 
DIRECTORS’ REPORT 
Studies (continued) 
Figure 17 - Brightstar Processing Plant looking southeast 
Corporate 
Linden Gold Merger1,2 
Linden is a gold producer, developer and explorer with existing mineral resources of 350koz @ 2.1g/t Au located near 
Brightstar’s existing processing infrastructure in the Laverton district. 
On 25 March 2024 the Company announced a takeover offer to acquire Linden via an unanimously recommended off-
market scrip takeover offer (Offer).  Linden security holders were offered 6.9 Brightstar shares for every 1 Linden share 
held and 6.9 Brightstar options for every 1 Linden option held, equating to an implied Offer price of 11.04 cents per share.  
On 28 May 2024 the Company announced the exercise of its right to acquire the remaining Linden Shares and Linden 
Options following acquisition of a relevant interest in more than 90% of all Linden Shares and 90% of all Linden Options 
on issue and acquisition of more than 75% of the Linden Shares and 75% of the Linden Options under the Offer.   
The Offer closed on 30 May 2024 with the Company acquiring a relevant interest in 96.75% Linden Shares and 96.81% 
Linden Options.  The compulsory acquisition process completed on 10 July 2024 whereby the Company acquired 100% 
of Linden Shares and 100% of Linden Options.  
The combination of Linden and Brightstar creates a gold producer and development company with a material resource 
base supporting the Company’s strategy of becoming a mid-tier gold producer. 

- 23 - 
DIRECTORS’ REPORT 
Corporate (continued) 
Board Changes 
Following the merger with Linden, highly regarded natural resources industry professional Richard Crookes joined the 
Board of Directors as Non-Executive Chairman and Linden Directors Mr Rich and Mr Fraser were appointed as Executive 
Director – Operations and Non-Executive Director respectively (effective 31 May 2024).  Mr Hunt (Non-Executive Director) 
and Mr Bittar (Non-Executive Chairman) resigned effective 31 May 2024.   
Mr Lau resigned as a non-executive director during the year on 31 October 2023. 
Earn-In Agreement with DevEx Resources11 
During July 2023 the Company entered into a binding Earn-In Agreement (Agreement) with DevEx Resources Limited 
(ASX:DEV) (DevEx) for DevEx to earn up to 75% in a the non-gold mineral rights associated with exploration licences 
E29/0966 and E29/0996 of the Goongarrie Project.  Under the terms of the Agreement DevEx is required to undertake an 
electromagnetic survey using Superconducting Quantum Interference Device (SQUID) within a 12 month period, DevEx 
may then elect to: 
-
spend not less than $1 million within 2 years of the date of execution of the Agreement to earn a 51% interest in
the non-gold mineral rights (Stage 1 Earn-In); and
-
earn a further 24% interest in the non-gold mineral rights by spending at least an additional $2 million within a
further 2 years of earning its 51% (Stage 2 Earn-In).
If DevEx was to earn a 75% interest and either DevEx or Brightstar elect not to contribute to the resultant Joint Venture 
costs in proportion to their respective interest, or make an election not to participate, then their interest will be diluted.  If 
an interest reduces to 10% or less the interest will immediately convert to a 1% net smelter royalty for the sale of any non-
gold minerals extracted, produced and sold from the tenements. 
DevEx has identified a number of conductors of merit associated with the SQUID EM survey and plans to drill test these 
targets in due course. DevEx has been successful in its co-operative funding application with the West Australia 
Government for up to $180,000 towards the drilling. 
During the financial year, DevEx provided notice to the Company that it has completed the option period activity being the 
SQUID electromagnetic survey and intends to move to the Stage 1 Earn-In. 
Tenement Swap with Ardea Resources12 
In July 2023, the Company executed a binding term sheet with Ardea Resources Limited (ASX:ARL) (Ardea) for a 
tenement swap of exploration tenure from the Menzies and Goongarrie Gold Projects in order to allow both companies 
to advance the exploration and development of Brightstar’s Menzies Gold Project and Ardea’s Kalgoorlie Nickel Project 
– Goongarrie Hub, respectively.
The transaction saw Brightstar swap a number of non-core tenements south of the Menzies Gold Project and at the 
Goongarrie Project to Ardea, in order for Ardea to advance the Kalgoorlie Nickel Project – Goongarrie Hub. Importantly, 
Brightstar retains all the gold rights to the exploration licences at the Goongarrie Project and is only transacting on the 
non-gold rights and ability for Ardea to develop infrastructure on the southern half of E29/1062.  
In return, Brightstar acquired ten (10) prospecting licences immediately adjacent or along strike to existing Brightstar 
tenements in the Menzies Gold Project, in addition to the gold and lithium rights to exploration licence E29/981. The only 
consideration payable in the transaction is the grant of a 2.0% net smelter return royalty payable on any Lithium extracted 
and sold from E29/981. The tenement swap is in line with Brightstar’s objective of rationalising its portfolio across both 
Menzies and Laverton to maintain its streamlined pathway towards a low capex restart for gold production. 

- 24 - 
DIRECTORS’ REPORT 
Corporate (continued) 
Capital Raising Activities 
On 4 August 2023, the Company completed a Share Placement raising gross proceeds of $3.5 million (before costs) via 
issue of approximately 318.2 million shares at $0.011 per share. 
On 1 December 2023, the Company finalised a Share Placement to raise gross proceeds of $5 million (before costs) at 
an issue price of $0.011 cents per share.  The Share Placement was settled in two tranches. Tranche 1 of the placement 
raised $4.5 million (before costs) via the issue of approximately 409.1 million shares on 1 December 2023 and Tranche 
2 of the Placement raised $0.5 million (before costs) via the issue of approximately 45.5 million shares on 14 December 
2023.   
On 27 March 2024, the Company reported it had received firm commitments for a placement of new fully paid ordinary 
shares in the Company at $0.014 per share to raise gross proceeds of $12 million (before costs).  The Placement was 
completed in two tranches.  Tranche 1 of the Placement raised $7.5 million (before costs) via the issue of approximately 
535.7 million shares and Tranche 2 raised $4.5 million (before costs) via the issue of approximately 321.4 million shares.  
Cash Position 
At the end of the financial year the Group had $7,961,484 (2023: $425,707) in cash and cash equivalents.  The Group also 
held processed gold bullion inventory with a market value of approximately $2,300,000.  The Group’s capitalised 
exploration, evaluation and development expenditure totalled $53,654,532 (2023: $38,007,348). 
Subsequent to the end of the financial year, the Group completed a capital raising in August 2024 to raise $24 million via 
a Share Placement of approximately 1.6 billion fully paid ordinary shares at an issue price of $0.015 per share raise gross 
proceeds (before costs) of $24,000,000.  The Share Placement was settled in two tranches.  Tranche 1 of the Placement 
raised $17.5 million (before costs) via the issue of approximately 1.17 billion shares in August 2024 at $0.015 per share.  
Tranche 2 of the Placement raised $6.5 million (before costs) via the issue of approximately 433 million shares in 
September 2024 at $0.015 per share. 
References 
1.
Refer Brightstar Resources announcement dated 25 March 2024 “Brightstar makes recommended takeover offer for Linden Gold Alliance
Limited”
2.
Refer Brightstar Resources announcement dated 3 June 2024 “Close of off-market Takeover bid for Linden Gold Alliance and Board
Updates”
3.
Refer Brightstar Resources announcement dated 6 September 2023 “Menzies and Laverton gold project mine restart study”
4.
Refer Brightstar Resources announcement dated 6 May 2024 “+30,000m program to commence across Brightstar’s enlarged 1.45Moz
Au portfolio”
5.
Refer Brightstar Resources announcement dated 10 October 2023 “BTR processing plant valued at over A$60m replacement cost”
6.
Refer Brightstar Resources announcement dated 21 March 2024 “Cashflow from Selkirk gold pours to materially exceed budget”
7.
Refer Brightstar Resources announcement dated 15 November 2023 “Maiden Link Zone Mineral Resource Estimate”
8.
Refer Brightstar Resources announcement dated 17 April 2024 “Aspacia Deposit records Maiden Mineral Resource at the Menzies Gold
Project” 
9.
Refer Brightstar Resources announcement dated 27 February 2024 “Spectacular intercept of 27m @ 17.8g/t Au at Cork Tree Well”
10.
Refer Brightstar Resources announcement dated 17 April 2024 “Significant Gold Results up to 16g/t Au received from Cork Tree Well
Geotechnical Drilling” 
11.
Refer Brightstar Resources announcement dated 25 July 2023 “Farm-in Joint Venture with Devex Resources for Non-Gold Rights at
Goongarrie”
12.
Refer Brightstar Resources announcement dated 17 July 2023 “Brightstar expands Menzies gold and lithium tenure in deal with Ardea Resources”
13.
Refer Brightstar Resources announcement dated 22 November 2023 “Cork Tree Well Aircore Drilling Extends Strike Length”
14.
Refer Brightstar Resources announcement dated 24 August 2023 “Cork Tree Well drilling delivers up to 109g/t Au”
15.
Refer Brightstar Resources announcement dated 13 February 2024 “Multiple High-Grade hits with visible gold intercepted at Cork Tree
Well” 
16.
Refer Brightstar Resources announcement dated 8 August 2024 “Menzies drilling returns more high-grade gold intersections for immediate
follow-up”
17.
Refer Brightstar Resources announcement dated 12 February 2024 “Aspacia Deposit returns more high-grade gold over 600m of strike length 
at Menzies” 
18.
Refer Brightstar Resources announcement dated 19 July 2023 “High grades up to 39g/t Gold in Menzies Drilling”
19.
Refer Brightstar Resources announcement dated 8 August 2023 “More high-grade gold from Menzies Drilling”
20.
Refer Brightstar Resources announcement dated 22 January 2024 “Shallow high-grade gold at Link zone in Menzies”
21.
Refer Brightstar Resources announcement dated 22 May 2024 “First results returned from Link Zone Drilling confirm multiple shallow
stacked lodes”
22.
Refer Brightstar Resources announcement dated 3 June 2024 “Further Assay results from Link Zone confirms near-surface mineralisation
across multiple lodes”
23.
Refer Brightstar Resources announcement dated 7 May 2024 “Excellent Stope Performance as mining rates ramping up at Second
Fortune”
24.
Refer Brightstar Resources announcement dated 25 March 2024 “Compelling Scoping Study for Jasper Hills Gold Project”

- 25 - 
DIRECTORS’ REPORT 
BRIGHTSTAR GLOBAL RESOURCE AT 30 JUNE 2024 
Location 
Measured 
Indicated 
Inferred 
Total 
Au Cut-off 
(g/t) 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Kt 
g/t Au 
Koz 
Alpha 
0.5 
623 
1.6 
33 
374 
2.1 
25 
455 
3.3 
48 
1,452 
2.3 
106 
Beta 
0.5 
345 
1.7 
19 
576 
1.6 
29 
961 
1.7 
54 
1,882 
1.7 
102 
Cork Tree Well 
0.5 
- 
- 
- 
3,036 
1.6 
157 
3,501 
1.3 
146 
6,357 
1.4 
303 
Lord Byron 
0.5 
453 
1.8 
26 
1,141 
1.6 
58 
2,929 
1.7 
160 
4,523 
1.7 
244 
Fish 
0.6 
26 
7.7 
6 
149 
5.8 
28 
51 
4.3 
7 
226 
5.7 
41 
Gilt Key 
0.5 
- 
- 
- 
15 
2.2 
1 
153 
1.3 
6 
168 
1.3 
8 
Second Fortune 
(UG) 
2.5 
17 
16.9 
9 
78 
8.2 
21 
71 
12.3 
28 
165 
10.9 
58 
Total – Laverton 
1,464 
2.0 
93 
5,369 
1.8 
319 
8,121 
1.7 
449 
14,953 
1.8 
862 
Lady Shenton 
System  
(Pericles, Lady 
Shenton, Stirling) 
0.5 
- 
- 
- 
2,770 
1.3 
119 
4,200 
1.3 
171 
6,970 
1.2 
287 
Yunndaga 
0.5 
- 
- 
- 
1,270 
1.3 
53 
2,050 
1.4 
90 
3,320 
1.3 
144 
Yunndaga (UG) 
2.0 
- 
- 
- 
- 
- 
- 
110 
3.3 
12 
110 
3.3 
12 
Aspacia 
0.5 
- 
- 
- 
137 
1.7 
7 
1,238 
1.6 
62 
1,375 
1.6 
70 
Lady Harriet 
System  
(Warrior, Lady 
Harriet, Bellenger) 
0.5 
- 
- 
- 
520 
1.3 
22 
590 
1.1 
21 
1,110 
1.2 
43 
Link Zone 
0.5 
- 
- 
- 
145 
1.2 
6 
470 
1.0 
16 
615 
1.1 
21 
Selkirk 
0.5 
- 
- 
- 
30 
6.3 
6 
140 
1.2 
5 
170 
2.1 
12 
Lady Irene 
0.5 
- 
- 
- 
- 
- 
- 
100 
1.7 
6 
100 
1.7 
6 
Total – Menzies 
- 
- 
- 
4,872 
1.4 
214 
8,898 
1.3 
383 
13,770 
1.3 
595 
Total – BTR 
1,464 
2.0 
94 
10,242 
1.6 
533 
17,019 
1.5 
832 
28,723 
1.6 
1,457 
Refer Note 1 below. Note some rounding discrepancies may occur. 
Pericles, Lady Shenton & Stirling consolidated into Lady Shenton System; Warrior, Lady Harriet & Bellenger consolidated into Lady Harriet System. 
Note 1: This Announcement contains references to Brightstar’s JORC Mineral Resources, extracted from the ASX 
announcements titled “Cork Tree Well Resource Upgrade Delivers 1Moz Group MRE” dated 23 June 2023, “Maiden Link 
Zone Mineral Resource” dated 15 November 2023, "Aspacia deposit records maiden Mineral Resource at the Menzies 
Gold Project” dated 17 April 2024, and “Brightstar Makes Recommended Bid for Linden Gold”, dated 25 March 2024. 
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.  

- 26 - 
DIRECTORS’ REPORT 
COMPETENT PERSON STATEMENT 
The information presented here relating to exploration of the Menzies and Laverton Gold Project areas are based on 
information compiled by Mr Edward Keys, MAIG. Mr Keys is a Member of the Australasian Institute of Geoscientists (AIG) 
and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the 
activity he is undertaking to qualify as a “Competent Person” as that term is defined in the 2012 Edition of the “Australasian 
Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012)”. Mr Keys is a fulltime 
employee of the Company in the position of Exploration Manager and has provided written consent approving the inclusion 
of the Exploration Results in the form and context in which they appear. 
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. 
DIVIDENDS 
No dividends have been paid or declared since the start of the financial year and the directors do not recommend the 
payment of a dividend in respect of the financial year. 
SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS 
The Group has continued exploration activities and conducted mining operations at the Selkirk deposit (as part of the JV 
with BML Ventures Pty Ltd) and Second Fortune gold mine following the acquisition of Linden Gold Alliance Limited on 3 
June 2024 (note 16 business combinations). 
Other than those disclosed in the director’s report, there were no significant changes in the state of affairs of the Group 
during the financial year.  

- 27 - 
DIRECTORS’ REPORT 
EVENTS SUBSEQUENT TO REPORTING DATE 
On 10 July 2024 the Company completed the acquisition of Linden Gold Alliance Limited and subsequently issued the 
remaining consideration due to Linden shareholders and optionholders whose Linden Shares and Linden Options were 
compulsorily acquired to Linden, with the consideration being held on trust for those former Linden shareholders and 
Linden optionholders.  Approximately 2.92 million options and 152.24 million shares were issued as the final consideration 
for the Linden purchase including ~2.92 million options to Linden option holders, ~42.02 million shares to Linden 
shareholders and ~110.22 million shares to St Barbara Limited to settle debt obligations of Linden.   
On 10 July 2024 the Company announced its decision to upgrade the Menzies and Laverton Pre-Feasibility Study to a 
Definitive Feasibility Study following positive drilling results. 
On 1 August 2024 the Company announced it had entered into a Scheme Implementation Deed (SID) with Alto Metals Ltd 
(Alto) under which Alto agrees to propose a Scheme of Arrangement (Scheme) between Alto and its shareholders.  Under 
the terms of the Scheme, Brightstar will acquire 100% of the shares in Alto and each Alto shareholder will receive four new 
Brightstar shares for each Alto share held on the record date of the Scheme.   The Scheme Consideration has an implied 
equity value of 6 cents per Alto share and a fully diluted equity value for Alto of $44.4 million.  
In addition to the Scheme, the Company entered into a Tenement Sale Agreement (Agreement) via its newly incorporated 
wholly owned subsidiary Montague Gold Project Pty Ltd (MGP) with Gateway Mining Limited (Gateway) and its wholly 
owned subsidiary Gateway Projects Pty Ltd (GPWA).  Under the Agreement MGP proposes to acquire Gateway and 
GPWA’s interest held in certain mining tenure in respect of Gateway’s Montague East Gold Project, with MGP obtaining 
100% of the gold mineral rights and Gateway retaining all other mineral rights (Montague Acquistion).  The Montague 
Acquisition was subject to the satisfaction of conditions precedent, these conditions were satisfied on 24 September 2024. 
The total consideration payable by the Company in respect of the Montague Acquisition is $14 million comprising: 
-
an upfront cash payment of $5 million;
-
$7 million in Brightstar shares calculated at the lower of a 15-day Volume Weighted Average Price (VWAP) prior
to the announcement of the acquisition (1 August 2024) and the issue price of shares under the Share Placement
announced on 1 August 2024 (Gateway Consideration Shares); and
-
$2 million payable in Brightstar shares (subject to Brightstar’s shareholder approval and payable in cash if
shareholder approval is not received), upon commencement of commercial mining operations in respect of the
gold mineral rights, or the delineation of a JORC Mineral Resource on the tenements exceeding 1.0 Moz.
On 1 August 2024 the Company announced an equity raise via a two-tranche placement to raise $24 million (before costs) 
at an issue price of 1.5 cents per share (Placement).   Tranche 1 Placement shares were issued on 8 August 2024 with 
gross proceeds of $17.5 million (before costs) received and approximately 1.17 billion shares issued to shareholders.  
Tranche 2 of the Placement was subject to shareholder approval, this was granted at the Extraordinary General Meeting 
(EGM) on 17 September 2024.  Subsequently 433.33 million shares were issued for gross proceeds of $6.5 million (before 
costs) at an issue price of 1.5 cents per share.  
At the EGM on 17 September 2024, shareholders approved the issue of approximately 466.67 million of Gateway 
Consideration Shares, the issue of 177.17 million shares to Genesis Minerals Limited as consideration for an amount owing 
to Genesis ($2.66 million) and approximately 66.67 million shares to Top Drill Pty Ltd for drilling services.  
LIKELY DEVELOPMENTS 
The Group will progress the Menzies and Laverton Gold Projects to a Definitive Feasibility Study, in parallel with converting 
inferred Mineral Resources to Indicated Mineral Resources, ongoing extensional exploration and resource growth.  
Operating activities at the Second Fortune Gold Mine will continue. 
RESULTS 
The consolidated loss after income tax attributable to the members of the Group was $6,391,755 (2023: $1,944,366 profit). 

- 28 - 
DIRECTORS’ REPORT 
ENVIRONMENTAL LEGISLATION 
The Group’s operations are subject to significant environmental regulation under the law of the Commonwealth and State. 
The Directors of the Group monitor compliance with environmental regulations.  The Directors are not aware of any 
significant breaches during the period covered by this Report. 
MATERIAL BUSINESS RISKS 
The Board and Management have identified the following specific risks relevant to the Company’s current/ongoing business 
and operations: 
Fluctuations in commodity prices and outlook 
The Group is by its nature exposed to fluctuations in the gold price and the Australian dollar exchange rate. Volatility in the 
gold price and Australian dollar effects the perceived value of the Group and its business performance. Declining gold 
prices can also impact operations by requiring a reassessment of the feasibility of a particular exploration or development 
project. Even if a project is ultimately determined to be economically viable, the need to conduct such a reassessment 
could cause delays and/or may interrupt operations, which may have a material adverse effect on our results of operations 
and financial condition. 
Risk of exploration failure 
Exploration activities are inherently risky, and the directors are unable to provide certainty that any or all of these objectives, 
as outlined as business strategies above, will be able to be achieved. In the opinion of the directors, any further disclosure 
of information regarding likely developments in the operations of the Group and the expected results of these operations 
in subsequent financial years may prejudice the interests of the Company and accordingly, further information has not 
been disclosed.  
Additional requirement for capital 
The Company’s current capital is sufficient, at the issue date of this report, to meet its current planned exploration activities. 
Activities beyond the scope of current plans including funding corporate and mining activities will require additional funding 
to be obtained. Funding via additional equity will dilute existing shareholdings and debt financing if viable, would likely be 
subject to covenants and restrictions. There is a risk that the Company may need to reduce the scope of its future 
exploration and mining activities to ensure sufficient capital is maintained. There is no guarantee that suitable, additional 
funding will be able to be secured by the Company either via equity or debt. 
Mineral resources and estimates and exploration 
The Group’s mineral resources and estimates are estimates, based on interpretations of geological data obtained from 
drillholes and other sampling techniques. Actual mineralisation or geological conditions may be different from those 
predicted.  Market price fluctuations of gold as well as increased production and capital costs may render the Group’s 
resources unprofitable to develop at a particular site or sites for periods of time or may render estimates containing relatively 
lower grade mineralisation uneconomic. Estimated resources may have to be re-estimated based on actual production 
experience. Any of these factors may require the Group to reduce its estimates, which could have a negative impact on 
the Group’s financial results. 
The Group’s exploration projects involve many risks and are frequently unsuccessful. Once a site with mineralisation is 
discovered (or acquired), it may take several years from the initial phases of drilling until production is possible. There is 
no assurance that current or future exploration programs will be successful. There is a risk that depletion of resources will 
not be offset by discoveries or acquisitions. 

- 29 - 
DIRECTORS’ REPORT 
Mining, exploration and insurance 
The mining industry is subject to significant risks and hazards, including environmental hazards, industrial accidents, 
unusual or unexpected geological conditions, unavailability of materials and equipment, pit wall failures, rock bursts, 
seismic events, cave-ins and weather conditions (including flooding and bush fires), most of which are beyond the Group’s 
control. These risks and hazards could result in significant costs or delays that could have a material adverse effect on the 
Group’s financial performance, liquidity and results of operation. There is a risk that unforeseen geological and geotechnical 
difficulties may be encountered when developing and mining, such as unusual or unexpected geological conditions, 
underground access, ambient rock temperature, rock bursts, seismicity and cave ins.   
Unforeseen geological and geotechnical difficulties could impact operations and/or require additional operating or capital 
expenditure to rectify problems and thereby have an adverse effect on the Company's financial and operational 
performance. 
The Group maintains insurance to cover the most common of these risks and hazards. The insurance is maintained in 
amounts that are considered reasonable depending on the circumstances surrounding each identified risk. However, 
property, liability and other insurance may not provide sufficient coverage for losses related to these or other risks or 
hazards. 
Environmental, health, safety and permitting 
The Group’s activities are subject to laws and regulations governing the protection and management of the environment, 
water management, waste disposal, worker health and safety, mine development and rehabilitation and the protection of 
endangered and other special status species. The Group’s ability to obtain permits and approvals and to successfully 
operate may be adversely impacted by real or perceived detrimental events associated with the Group’s activities or those 
of other mining companies affecting the environment, human health and safety of the surrounding communities. Delays in 
obtaining or failure to obtain government permits and approvals may adversely affect the Group’s operations, including its 
ability to continue operations. 
With the Group’s tenure located within Western Australia, the Group is subject to state and federal laws and regulations 
concerning the environment in Western Australia. Mechanised exploration will impact the local environment along with any 
advanced development and production activities. In undertaking exploration and mining activities, the Group intends to 
comply with all environmental laws. Inherent risks when completing exploration and mining activities include, but are not 
limited to, land disturbance and the disposal of waste products. An incident involving incorrect disposal of waste products 
could result in delays to exploration and mining, additional costs to remediate the location and any legislative penalties. 
The Group has procedures in place to minimise the occurrence of environmental impacts and any subsequent penalties; 
however, the nature of exploration, development and mining will always involve environmental risks. 
The Group has implemented health, safety and community initiatives at its sites to manage the health and safety of its 
employees, contractors and members of the community. While these control measures are in place there is no guarantee 
that these will eliminate the occurrence of incidents which may result in personal injury or damage to property. In certain 
instances, such occurrences could give rise to regulatory fines and/or civil liability. 
Heritage 
The Group is subject to state and federal laws and regulations concerning Native Title and Heritage rights and interests. 
The Company is required to ensure that tenure has been adequately surveyed and considered before commencing any 
activity that would disturb the natural environment and its surroundings. The Group complies with required legislation 
regarding Native Title and Heritage requirements and, where appropriate, engages a third party to ensure that all 
requirements are met. While all care is taken to ensure rights and interests are maintained, there is a level of risk inherent 
in exploration and mining activities that is unable to be fully mitigated. 

- 30 - 
DIRECTORS’ REPORT 
DIRECTORS’ RELEVANT INTEREST IN SHARES, OPTIONS AND PERFORMANCE RIGHTS 
The relevant interests of each director, at the date of the directors’ report, in shares or options over any such instruments 
are outlined in the following table: 
Directors 
Ordinary Shares 
Unlisted Options 
Performance Rights 
Richard Crookes 
- 
50,000,000 
- 
Alex Rovira 
61,759,500 
- 
60,000,000 
Andrew Rich 
23,797,749 
1,078,125 
51,750,000 
Jonathan Downes 
10,831,813 
1,973,684 
- 
Ashley Fraser 
142,423,998 
- 
- 
SHARE OPTIONS 
Options Issued 
During the financial year the Company issued the following options: 
Issue Date 
Number of Shares Under 
Option 
Exercise Price of Option 
Expiry Date of Options 
4 September 2023 
40,000,000 
$0.02 
4 August 2025 
4 September 2023 
30,000,000 
$0.02 
7 July 2026 
4 September 2023 
30,000,000 
$0.03 
7 July 2026 
28 May 2024 
13,800,000 
Nil 
30 June 2026 
28 May 2024 
4,221,944 
$0.023 
30 June 2026 
28 May 2024 
88,509,757 
$0.036 
25 February 2025 
Terms and conditions relating to options issued to a director during the year 
On the 22 May 2024, the Company granted 50,000,000 options to Richard Crookes, Non- Executive Chairman, vesting 
immediately. The fair value of these options is as follows: 
Director Options 
Tranche 1 
Tranche 2 
Number of Options 
25,000,000 
25,000,000 
Date of grant 
22-May-24
22-May-24
Exercise price 
$0.040 
$0.030 
Valuation per Option 
$0.0098 
$0.0092 

- 31 - 
DIRECTORS’ REPORT 
Unissued Shares Under Option 
At the date of this report, unissued ordinary shares of the Group under option are as follows: 
Issue Date 
Number of Shares Under 
Option 
Exercise Price of Option 
Expiry Date 
1 December 2021 
2,200,000 
$0.05 
1 December 2024 
1 December 2021 
20,000,000 
$0.05 
31 December 2024 
30 November 2022 
10,000,000 
Nil 
30 November 2026 
26 May 2023 
16,447,368 
$0.065 
15 September 2024 
26 May 2023 
21,052,631 
$0.076 
21 October 2024 
26 May 2023 
7,815,789 
 $0.106 
7 October 2024 
26 May 2023 
4,473,685 
$0.108 
15 February 2025 
26 May 2023 
3,289,474 
$0.095 
28 April 2025 
26 May 2023 
3,289,474 
$0.023 
16 January 2026 
26 May 2023 
3,947,368 
$0.038 
16 January 2026 
4 September 2023 
40,000,000 
$0.02 
4 August 2025 
4 September 2023 
15,000,000 
$0.02 
7 July 2026 
4 September 2023 
15,000,000 
$0.03 
7 July 2026 
28 May 2024 
13,800,000 
Nil 
30 June 2026 
28 May 2024 
4,221,944 
$0.023 
30 June 2026 
28 May 2024 
91,425,008 
$0.036 
25 February 2025 
19 July 2024 
25,000,000 
$0.025 
7 July 2026 
19 July 2024 
25,000,000 
$0.035 
7 July 2026 
19 July 2024 
20,000,000 
$0.025 
1 July 2027 
19 July 2024 
20,000,000 
$0.035 
1 July 2027 
19 July 2024 
25,000,000 
$0.03 
19 July 2027 
19 July 2024 
25,000,000 
$0.04 
19 July 2028 
No option holder has any right under the options to participate in any other share issue of the Company. No shares were 
issued during or after the reporting period upon the exercise of options, as at the date of this report. 
For details of options issued to Directors and Key Management Personnel as remuneration, refer to the Remuneration 
Report. 

- 32 - 
DIRECTORS’ REPORT 
PERFORMANCE RIGHTS 
Performance Rights Issued 
During the financial year the Company issued the following performance rights which will each convert to ordinary shares 
subject to the satisfaction of certain performance and retention milestones: 
Issue Date 
Number of Performance Rights 
Expiry Date 
3 June 2024 
77,625,000 
3 June 2029 
Unissued Shares Under Performance Rights 
At the date of this report, unissued ordinary shares of the Group under performance rights are as follows: 
Issue Date 
Number of Performance Rights 
Expiry Date 
31 March 2023 
60,000,000 
31 March 2026 
3 June 2024 
77,625,000 
3 June 2029 
Terms and conditions of performance rights issued during the year to the KMP 
On 3 June 2024, 51,750,000 Performance Rights expiring 3 June 2029 were issued to Andrew Rich, as replacement of his 
lapsed performance rights in Linden.  
Tranche 
Vesting condition 
1 
The Company’s processing plant declares commercial production within 24 months of the Takeover 
Offer becoming (or being declared) unconditional 
2 
The Second Fortune Gold Project produces 50,000oz in cumulative production on a cashflow positive 
basis within 36 months of the Takeover Offer becoming (or being declared) unconditional 
3 
The Company announcing the first gold production from the Jasper Hills Project within 24 months of the 
Takeover Offer becoming (or being declared) unconditional 
4 
Cumulative production from the Company of 100,000oz within 36 months of the Takeover Offer 
becoming (or being declared) unconditional 
Fair value: 
Performance Rights 
Tranche 1 
Tranche 2 
Tranche 3 
Tranche 4 
Number of Rights 
12,937,500 
12,937,500 
12,937,500 
12,937,500 
Life of the Rights (years) 
5 
5 
5 
5 
Valuation per Right 
 $0.015 
$0.015 
$0.015 
$0.015 

- 33 - 
DIRECTORS’ REPORT 
PROCEEDINGS ON BEHALF OF THE GROUP 
No person has applied to the Court under section 237 of the Corporations Act 2001 for leave to bring proceedings on 
behalf of the Group, or to intervene in any proceedings to which the Group is a party, for the purpose of taking responsibility 
on behalf of the Group for all or part of those proceedings. 
No proceedings have been brought or intervened in on behalf of the Company with leave of the Court under section 237 
of the Corporations Act 2001. 
AUDITOR INDEPENDENCE 
Section 307C of the Corporations Act 2001 requires our auditors to provide the Directors of the Company with an 
Independence Declaration in relation to the audit of the annual report. This Independence Declaration is set out on page 
44 and forms part of this directors’ report for the year ended 30 June 2024. 
NON-AUDIT SERVICES 
Details of the amounts paid or payable to the auditor for non-audit services provided during the financial year by the auditor 
are outlined in note 30 to the financial statements. 
The directors are satisfied that the provision of non-audit services during the financial year, by the auditor (or by another 
person or firm on the auditor's behalf), is compatible with the general standard of independence for auditors imposed by 
the Corporations Act 2001.  
ROUNDING OF AMOUNTS 
In accordance with ASIC Corporations (Rounding in Financial/Director’s Reports) Instrument 2016/191, the amounts in the 
Directors’ report and in the financial report have been rounded to the nearest $1 (where rounding is applicable). 

- 34 - 
DIRECTORS’ REPORT 
REMUNERATION REPORT (AUDITED) 
The Directors present the Group’s 2024 Remuneration Report which details the remuneration information for Brightstar 
Resources Limited’s executive directors, non-executive directors and other Key Management Personnel (KMP).  KMP are 
defined as those persons having authority and responsibility for planning, directing and controlling the activities of the 
Group, directly or indirectly, including any director (whether executive or otherwise).   
DETAILS OF KEY MANAGEMENT PERSONNEL 
The following were KMP of the Group during the financial year for the indicated term: 
Name 
Role 
Term 
Non-Executive Directors 
Richard Crookes 
Non-Executive Chairman 
Appointed 31 May 2024 
Jonathan Downes 
Non-Executive Director 
Full year 
Ashley Fraser 
Non-Executive Director 
Appointed 31 May 2024 
Executive Directors 
Alex Rovira 
Managing Director 
Full year 
Andrew Rich 
Executive Director - Operations 
Appointed 31 May 2024 
Other KMP 
Dean Vallve 
Chief Operating Officer (COO) 
Full year 
Luke Wang1 
Financial Controller (FC) 
Full year 
Former KMP 
Gregory Bittar 
Non-Executive Chairman 
Resigned 31 May 2024 
Josh Hunt 
Non-Executive Director 
Resigned 31 May 2024 
Tony Lau 
Non-Executive Director 
Resigned 31 October 2023 
1 Mr Wang ceased to be a KMP following the appointment of Ms Nicky Martin as Chief Financial Officer (CFO) effective 1 
July 2024 
Remuneration philosophy 
The philosophy of the Group in determining remuneration levels is to set competitive remuneration packages to attract and 
retain high calibre employees. 
Remuneration committee 
There is no separate Remuneration Committee.  The Board of Directors of the Company is responsible for determining 
and reviewing compensation arrangements for the directors and the executive team. 
The Board assesses the appropriateness of the nature and amount of remuneration of directors and executives on a 
periodic basis by reference to relevant employment market conditions. 

- 35 - 
DIRECTORS’ REPORT 
Remuneration structure 
In accordance with best practice corporate governance, the structure of non-executive director and executive remuneration 
is separate and distinct. 
Non-executive director remuneration 
The Board seeks to set aggregate remuneration at a level that provides the Group with the ability to attract and retain 
directors of the highest calibre, whilst incurring a cost that is acceptable to shareholders. 
The ASX Listing Rules specify that the aggregate remuneration of non-executive directors shall be determined from time 
to time by a general meeting. The latest determination was at the General Meeting held on 29 March 2023 when 
shareholders approved an aggregate remuneration of $400,000 per year. 
The Board considers the fees paid to non-executive directors of comparable companies when undertaking the annual 
review process. 
The Board policy is to remunerate non-executive directors at market rates for time, commitment and responsibilities.  The 
Board determines payments to the non-executive directors and reviews their remuneration annually, based on market 
practice, duties and accountability.  Independent external advice is sought when required.  In the current year, no advice 
was sought. Fees for non-executive directors are not linked to the performance of the Group. However, to align directors’ 
interests with shareholder interests, the directors are encouraged to hold shares in the Group and are able to participate 
in the option plan. 
On appointment to the Board, all Non-Executive Directors enter into a service agreement with the Company in the form of 
a letter of appointment. Non-executive director fees are set out in the table below.  
Annual base fees (excluding superannuation) 
Non-Executive Chairman 
$75,000 
Other Non-Executive Directors 
$48,000 

- 36 - 
DIRECTORS’ REPORT 
Executive Directors and Other KMP Remuneration 
Remuneration is reviewed annually by the Board. The process consists of a review of relevant comparative remuneration 
in the market and internally and, where appropriate, external advice on policies and practices. The Board has access to 
external, independent advice where necessary. In the current year, no advice was obtained. 
The Group’s Executive Directors and other KMP total remuneration structure provides for: 
-
Fixed remuneration comprising base salary and employer superannuation contributions.  Base salary can be
received in a variety of forms including cash, shares issued in lieu of salary, and fringe benefits such as motor
vehicles and expense payment plans.
-
Long-term performance linked equity remuneration (LTIs) may comprise cash bonuses and/or participation in
equity-based schemes.  The LTIs provide remuneration for the achievement of corporate objectives linked to the
long-term growth of the Company.
The Company does not have a Short-term incentive (STI) framework in place, accordingly there were no STI’s made 
available during FY24. 
Details of the terms and conditions of the options granted during the year are included in the Note 23 in the Financial 
Statements 
Fixed remuneration for executive directors and other KMP during FY24 was as follows: 
Name 
Position 
Fixed Remuneration (excluding superannuation) 
From 1 July 2023 
From 1 June 2024 
Alex Rovira 
Managing Director 
$250,000 
$375,000 
Andrew Rich 
Executive Director - Operations 
$300,000 
$300,000 
Dean Vallve 
Chief Operating Officer 
$225,000 
$280,000 
Luke Wang1 
Financial Controller 
$100,000 
$133,333 
1 For part of FY24 Mr Wang worked part-time, the fixed remuneration above is the full-time equivalent remuneration. 
Remuneration and other terms of employment are formalised in service agreements for executive directors and 
employment contracts for other KMP.  These service agreements and contracts specify the components of remuneration, 
benefits and notice periods.  Participation in short term and long-term incentives are at the discretion of the Board.  Other 
key provisions of the service agreements and employment contracts are set out below.   
Name and Position 
Term of Agreement 
Resignation Notice 
Termination 
Notice for cause 
Notice without 
cause 
Alex Rovira 
Managing Director 
Ongoing 
(commenced 12 
January 2023) 
6 months 
None 
6 months 
Andrew Rich 
Executive Director - 
Operations 
Ongoing 
(commenced 31 May 
2024) 
6 months 
None 
6 months 
Dean Vallve 
Chief Operating 
Officer 
Ongoing 
(commenced 27 May 
2023) 
4 weeks 
None 
4 weeks 
Luke Wang 
Financial Controller 
Ongoing 
(commenced 5 July 
2012) 
1 month 
None 
1 month 

- 37 - 
DIRECTORS’ REPORT 
Options issued to executive directors and other KMP 
On 4 September 2023, the Company issued 30,000,000 Options to Mr Dean Vallve of the Company (2 tranches of 
15,000,000), as an incentive component to his remuneration package  
Options vested immediately and fair value is as follows: 
Employee Options 
Tranche 1 
Tranche 2 
Number of Options 
15,000,000 
15,000,000 
Date of grant 
4-Sep-2023
4-Sep-2023
Life of the Options (years) 
3 
3 
Exercise price 
$0.020 
$0.030 
Valuation per Option 
$0.0074 
$0.0065 
Total fair value of Employee Options 
$221,578 
$195,823 
On 3 June 2024, 1,078,125 unlisted options were issued to Mr Andrew Rich as part consideration for acquisition of Linden 
(Consideration Options).  
Options vested immediately and the fair value is as follows. Fair value has been reflected as the acquisition consideration: 
Consideration Options 
Number of Options 
1,078,125 
Exercise price 
$0.036 
Valuation per Option 
$0.00164 
KEY PERFORMANCE INDICATORS OF THE GROUP OVER THE LAST FIVE YEARS 
Information about the Group’s earnings and changes in shareholder wealth for the financial year and previous four financial 
years is outlined in the following table: 
2024 
2023 
2022 
2021 
2020 
Net (loss)/profit after tax 
(6,391,755) 
1,944,366 
(3,950,250) 
60,551,860 
(6,617,894) 
Basic (loss) / profit (cents per share) 
(0.27) 
0.24 
(0.73) 
10.25 
(0.80) 
Dividends paid (cents per share) 
- 
- 
- 
- 
- 
Share price at end of year (cents) 
0.017 
0.011 
0.018 
0.031 
0.004 

- 38 -
DIRECTORS’ REPORT 
Key Management Personnel Remuneration for the years ended 30 June 2024 
(1) Mr Crookes appointed 31 May 2024
(2) Mr Rich appointed 31 May 2024
(3) Mr Fraser appointed 31 May 2024
(4) Mr Bittar resigned 31 May 2024
(5) Mr Hunt resigned 31 May 2024
(6) Mr Lau resigned 31 October 2023
(7) $16,000 was related to the period during which Mr Lau was a director of the Company.
(8) Mr Wang ceased as a KMP on 30 June 2024 following the CFO appointment of Ms Nicky Martin (1 July 2024)
Short-term Employee Benefits 
Long-term Benefits 
Post-
employment 
Benefits 
Salary & Fees 
$ 
Other 
$ 
Options 
$ 
Performance 
Rights 
$ 
Unvested Cash 
Bonus 
$ 
Superannuation 
$ 
Total 
$ 
Directors 
Richard Crookes1 
2024 
6,250 
- 
475,263 
- 
- 
688 
482,201 
Alex Rovira 
2024 
250,000 
- 
- 
573,333 
27,500 
850,833 
Andrew Rich2 
2024 
25,000 
1,336 
- 
12,982 
3,375 
42,693 
Jonathan Downes 
2024 
48,000 
- 
- 
- 
- 
5,280 
53,280 
Ashley Fraser3 
2024 
4,000 
- 
- 
- 
- 
460 
4,460 
Gregory Bittar4 
2024 
68,750 
- 
- 
- 
- 
7,563 
76,313 
Josh Hunt5 
2024 
44,000 
- 
- 
- 
- 
- 
44,000 
Tony Lau6,7 
2024 
44,000 
- 
- 
- 
- 
- 
44,000 
Other Key Management Personnel 
Dean Vallve 
2024 
229,583 
208,701 
25,254 
463,538 
Luke Wang8 
2024 
78,333 
- 
- 
- 
- 
8,617 
86,950 
TOTAL 
797,916 
1,336 
683,964 
586,315 
- 
78,737 
2,148,268 

- 39 - 
DIRECTORS’ REPORT 
Key Management Personnel Remuneration for the years ended 30 June 2023 
(1)
Mr Rovira appointed 12 January 2023
(2)
Mr Bittar appointed 26 May 2023, resigned 31 May 2024
(3)
Mr Downes appointed 26 May 2023
(4)
Mr Hunt’s remuneration changed to $48,000 per annum effective from 1 July 2023.
(5)
Mr Lau appointed 13 February 2023
(6)
$4,857 relates to the period before Mr Lau became a director of the Company
(7)
$56,452 salary, $7,020 other short-term benefits and $5,927 superannuation are related to the period after Mr Hobba resigned as a director of the Company, resigned 12 January 2023
(8)
Mr Dunn resigned 13 February 2023
Short-term Employee Benefits 
Long-term Benefits 
Post-
employment 
Benefits 
Salary & Fees 
$ 
Other 
$ 
Options 
$ 
Performance 
Rights 
$ 
Unvested Cash 
Bonus 
$ 
Superannuation 
$ 
Total 
$ 
Directors 
Alex Rovira1 
2023 
117,608 
- 
- 
120,000 
- 
12,349 
249,957 
Gregory Bittar2 
2023 
6,250 
- 
- 
- 
- 
656 
6,906 
Jonathan Downes3 
2023 
4,000 
- 
- 
- 
- 
420 
4,420 
Josh Hunt4 
2023 
72,000 
- 
- 
- 
- 
- 
72,000 
Tony Lau5,6 
2023 
23,143 
- 
- 
- 
- 
- 
23,143 
William Hobba7 
2023 
120,000 
20,371 
81,375 
- 
848,644 
12,600 
1,082,990 
Yongi Dunn8 
2023 
47,368 
- 
- 
- 
- 
- 
47,368 
Other Key Management Personnel 
Luke Wang 
2023 
100,000 
2,200 
- 
- 
- 
10,710 
112,910 
TOTAL 
490,369 
22,571 
81,375 
120,000 
848,644 
36,735 
1,599,694 

- 40 - 
DIRECTORS’ REPORT 
Key Management Personnel Shareholding for the years ended 30 June 2024 and 30 June 2023 
Held on 1 July 
Granted as 
remuneration 
Other changes 
during the year10 
Held on 30 June 
Non-Executive Directors 
Richard Crookes1 
2024 
2023 
- 
-   
- 
-   
- 
- 
- 
- 
Jonathan Downes 
2024 
2023 
     9,013,632 
     - 
- 
- 
1,818,181 
9,013,632 
10,831,813 
9,013,632 
Ashley Fraser2 
2024 
2023 
- 
- 
- 
- 
142,423,998 
- 
142,423,998 
- 
Executive Directors 
Alex Rovira 
2024 
2023 
  32,447,368 
- 
- 
 - 
 9,312,132 
        32,447,368 
        41,759,500 
        32,447,368 
Andrew Rich3 
2024 
2023 
-   
- 
- 
-   
        23,797,749 
- 
        23,797,749 
- 
Other KMP 
Dean Vallve 
2024 
2023 
508,200  
- 
- 
-   
- 
508,200 
508,200 
508,200 
Luke Wang4 
2024 
2023 
- 
- 
- 
-   
- 
- 
- 
- 
Former KMP 
Gregory Bittar5 
2024 
2023 
5,879,500 
- 
- 
- 
(5,879,500) 
5,879,500 
- 
5,879,500 
Josh Hunt6 
2024 
2023 
4,607,999 
3,357,999 
-
- 
(4,607,999)
1,250,000
- 
4,607,999 
Tony Lau7 
2024 
2023 
15,172,414 
- 
- 
- 
(15,172,414) 
15,172,414 
- 
15,172,414 
William Hobba8 
2024 
2023 
- 
68,727,775 
- 
- 
- 
(68,727,775) 
- 
- 
Yongi Duan9 
2024 
2023 
- 
31,449,497 
- 
- 
- 
(31,449,497) 
- 
- 
Total 
2024 
2023 
67,629,113 
103,535,271 
-
- 
151,692,147
(35,906,158)
219,321,260 
67,629,113 
No shares were issued as a result of exercise of options 
(1) Mr Crookes appointed 31 May 2024
(2) Mr Fraser appointed 31 May 2024
(3) Mr Rich appointed 31 May 2024
(4) Mr Wang ceased as a KMP on 30 June 2024 following the CFO appointment of Ms Nicky Martin (1 July 2024)
(5) Mr Bittar resigned 31 May 2024
(6) Mr Hunt resigned 31 May 2024
(7) Mr Lau resigned 31 October 2023
(8) Mr Hobba resigned 12 January 2023
(9) Mr Duan resigned 13 February 2023
(10) Other changes for former KMP show the reduction of shareholdings to nil as at the date of resignation

- 41 - 
DIRECTORS’ REPORT 
Key Management Personnel Option holding for the years ended 30 June 2024 and 30 June 2023 
Held on 1 
July 
Granted as 
remuneration 
Expired 
Other 
changes 
during the 
year 
Held on 30 June 
Non-Executive Directors 
Richard Crookes1 
2024 
2023 
-
-   
50,000,000
-   
- 
- 
- 
- 
50,000,000 
- 
Jonathan Downes 
2024 
2023 
2,176,113 
- 
- 
- 
(202,429) 
-
- 
2,176,113
1,973,684 
2,176,113 
Ashley Fraser2 
2024 
2023 
- 
- 
- 
- 
- 
- 
- 
- 
- 
- 
Executive Directors 
Alex Rovira 
2024 
2023 
- 
-   
- 
-   
- 
- 
- 
- 
- 
- 
Andrew Rich3 
2024 
2023 
      - 
- 
- 
-   
-
- 
1,078,125
- 
1,078,125 
- 
Other KMP 
Dean Vallve 
2024 
2023 
-
- 
30,000,000
-   
- 
- 
- 
7,236,842 
37,236,842 
7,236,842 
Luke Wang4 
2024 
2023 
1,000,000 
1,000,000 
- 
-   
- 
- 
-
- 
1,000,000
1,000,000
Former KMP 
Gregory Bittar5 
2024 
2023 
6,528,339 
- 
- 
- 
(6,528,339) 
-
- 
6,528,339
- 
6,528,339 
Josh Hunt6 
2024 
2023 
- 
- 
- 
- 
- 
- 
- 
- 
- 
- 
Tony Lau7 
2024 
2023 
- 
- 
- 
- 
- 
- 
- 
- 
- 
- 
William Hobba8 
2024 
2023 
- 
- 
- 
10,000,000 
- 
- 
- 
(10,000,000) 
- 
- 
Yongi Duan9 
2024 
2023 
- 
- 
- 
- 
- 
- 
- 
- 
- 
- 
Total 
2024 
2023 
9,704,452 
1,000,000 
80,000,000 
10,000,000 
(6,730,768) 
- 
1,078,125 
5,941,294 
91,288,651 
16,941,294 
(1) Mr Crookes appointed 31 May 2024
(2) Mr Fraser appointed 31 May 2024
(3) Mr Rich appointed 31 May 2024. Options granted to Mr Rich are replacement options, granted for securities held
in Linden
(4) Mr Wang ceased as a KMP on 30 June 2024 following the CFO appointment of Ms Nicky Martin (1 July 2024)
(5) Mr Bittar resigned 31 May 2024
(6) Mr Hunt resigned 31 May 2024
(7) Mr Lau resigned 31 October 2023
(8) Mr Hobba resigned 12 January 2023
(9) Mr Duan resigned 13 February 2023

- 42 - 
DIRECTORS’ REPORT 
Key Management Personnel Performance Rights holding for the years ended 30 June 2024 and 30 June 2023 
Held on 1 July 
Granted as 
remuneration 
Other changes 
during the year 
Held on 30 June 
Non-Executive Directors 
Richard Crookes1 
2024 
2023 
- 
-   
- 
-   
- 
- 
- 
- 
Jonathan Downes 
2024 
2023 
- 
-   
- 
-   
- 
- 
- 
- 
Ashley Fraser2 
2024 
2023 
- 
- 
- 
- 
- 
- 
- 
- 
Executive Directors 
Alex Rovira 
2024 
2023 
80,000,000  
-
- 
80,000,000
- 
- 
80,000,000 
80,000,000 
Andrew Rich3 
2024 
2023 
   - 
- 
- 
-   
51,750,000 
- 
51,750,000 
- 
Other KMP 
Dean Vallve 
2024 
2023 
-   
- 
- 
-   
- 
- 
- 
- 
Luke Wang4 
2024 
2023 
- 
- 
- 
-   
- 
- 
- 
- 
Former KMP 
Gregory Bittar5 
2024 
2023 
   - 
- 
- 
-   
- 
- 
- 
- 
Josh Hunt6 
2024 
2023 
    - 
- 
- 
-   
- 
- 
- 
- 
Tony Lau7 
2024 
2023 
    - 
- 
- 
-   
- 
- 
- 
- 
William Hobba8 
2024 
2023 
-   
- 
- 
-   
- 
- 
- 
- 
Yongi Duan9 
2024 
2023 
-   
- 
- 
-   
- 
- 
- 
- 
Total 
2024 
2023 
80,000,000 
-
- 
80,000,000
51,750,000 
- 
131,750,000 
80,000,000 
(1) Mr Crookes appointed 31 May 2024
(2) Mr Fraser appointed 31 May 2024
(3) Mr Rich appointed 31 May 2024. Performance rights granted to Mr Rich are replacement rights for Linden
securities
(4) Mr Wang resigned as a key management personnel on 30 June 2024 following the CFO appointment of Ms Nicky
Martin (1 July 2024)
(5) Mr Bittar resigned 31 May 2024
(6) Mr Hunt resigned 31 May 2024
(7) Mr Lau resigned 31 October 2023
(8) Mr Hobba resigned 12 January 2023
(9) Mr Duan resigned 13 February 2023

- 43 - 
DIRECTORS’ REPORT 
TRANSACTIONS WITH RELATED PARTIES  
Purchases from and sales to related parties are made on terms equivalent to those that prevail in arm’s length transactions. 
During the financial year the Company acquired Linden Gold Alliance Limited (Linden) via an unanimously recommended 
off-market scrip takeover.  As part of the Linden acquisition Mr Ashley Fraser joined the Company’s Board, effective 31 
May 2024. 
Linden entered into a Share Sale and Subscription Agreement (SSSA) with the sellers of Lord Byron Mining Pty Ltd (LBM) 
effective 31 October 2023.  Pursuant to the SSSA, Linden issued 93.75 million Performance Rights to the LBM Sellers in 
proportion to their respective interests, of these 80 million Performance Rights were issued to Blue Capital Equities Pty Ltd 
as trustee for Blue Capital Trust No. 2 (BCE), BCE is an entity controlled by Mr Fraser.   
In accordance with the LBM SSSA Variation Agreement, Brightstar granted the LBM sellers (in their respective proportions) 
the rights to deferred shares in consideration for the forfeiture of their respective LGA performance rights (LBM Deferred 
Consideration Shares). The deferred shares comprise of three tranches with each tranche valued at $5 million.   
The issues of the LBM Deferred Consideration Shares are subject to shareholder approval and if such approval is not 
obtained, the LBM Sellers may elect to receive a cash payment in lieu of the issue of the LBM Deferred Consideration 
Shares in respect of that tranche or defer the issue of the LBM Deferred Consideration Shares.  
As part of the Linden acquisition the Company assumed Linden’s obligations in respect of a loan payable to BCE, an entity 
controlled by Mr Fraser.  The value of the loan at the Company’s acquisition was $866,382, during June 2024 the amount 
of $866,382 (principal $750,000 and interest of $116,382) was repaid by the Company.  
Blue Cap Mining Pty Ltd (BCM) is an entity controlled by Mr Fraser, BCM provide services to Linden including earthworks, 
equipment hire, personnel, production, drilling and haulage.  Since 1 June 2024, expenses incurred by the Company and 
payable to BCM total $224,129.  
Other than as outlined above, the Group did not enter into any further related party transactions with the Director, key 
management personnel or their related entities. 
END OF AUDITED REMUNERATION REPORT 
Signed in accordance with a resolution of the directors made pursuant to s.298 (2) of the Corporations Act 2001. 
Richard Crookes 
Chairman  
27 September 2024 

AUDITOR’S INDEPENDENCE DECLARATION 
TO THE DIRECTORS OF BRIGHTSTAR RESOURCES LIMITED 
In accordance with section 307C of the Corporations Act 2001, I declare to the best of my knowledge 
and belief in relation to the audit of the financial report of Brightstar Resources Limited for the year 
ended 30 June 2024, there have been: 
•
no contraventions of the auditor independence requirements of the Corporations Act 2001 in
relation to the audit; and
•
no contraventions of the ethical requirements of the Accounting Professional and Ethical
Standards Board’s APES 110 Code of Ethics for Professional Accountants (including
Independence Standards) in relation to the audit.
PITCHER PARTNERS BA&A PTY LTD 
PAUL MULLIGAN 
Executive Director 
Perth, 27 September 2024 
- 44 -

- 45 -
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE 
INCOME 
For the year ended 30 June 2024 
Note 
June 2024 
June 2023 
$ 
$ 
Revenue from continuing operations 
5 
1,054,317 
- 
Cost of sales 
6 
(4,852,894) 
(366,466) 
Gross loss 
(3,798,577) 
(366,466) 
Other income 
7(a) 
6,732,321 
5,062,823 
Administration and other expenses 
7(c) 
(3,192,332) 
(1,760,676) 
Exploration expenditure 
(416,983) 
(125,512) 
Depreciation and amortisation expense 
(128,048) 
(43,383) 
Impairment expense 
(151,579) 
(700,755) 
Remeasurement of Rehabilitation Provision 
- 
450,832 
Share-based payments expense 
23 
(2,311,170) 
(218,374) 
Business acquisition expense 
16 
(2,750,850) 
- 
Operating (loss)/profit 
(6,017,218) 
2,298,489 
Finance income 
7(b) 
58,105 
9,217 
Finance costs 
7(b) 
(432,642) 
(363,340) 
Net financing (loss) 
(374,537) 
(354,123) 
(Loss)/profit before income tax expense 
(6,391,755) 
1,944,366 
Income tax benefit 
8 
- 
- 
(Loss)/profit after income tax for the year 
(6,391,755) 
1,944,366 
Other comprehensive income 
Other comprehensive income for the year, net of tax 
- 
- 
Total comprehensive (loss)/profit for the year (net of tax) 
(6,391,755) 
1,944,366 
Total comprehensive (loss)/profit for the year attributable to the 
members of the parent 
(6,391,755) 
1,944,366 
(Loss)/profit per share for the year attributable to the members of 
the parent: 
Basic loss per share (cents) 
9 
(0.27) 
0.24 
Diluted loss per share (cents) 
9 
(0.27) 
0.22 
The Consolidated Statement of Profit or Loss and Other Comprehensive Income should be 
read in conjunction with the notes to the financial statements. 

- 46 -
CONSOLIDATED STATEMENT OF FINANCIAL POSITION 
As at 30 June 2024 
Note 
June 2024 
June 2023 
$ 
$ 
Current Assets 
Cash and cash equivalents 
10 
7,961,484 
425,707 
Trade and other receivables 
11 
1,993,700 
299,572 
Inventories 
12 
3,666,149 
- 
Total Current Assets 
13,621,333 
725,279 
Non-Current Assets 
Property, plant and equipment 
13 
39,511,439 
599,446 
Deferred exploration and evaluation expenditure 
14 
53,654,532 
38,007,360 
Trade and other receivables 
11 
3,392,000 
- 
Total Non-Current Assets 
96,557,971 
38,606,806 
Total Assets 
110,179,304 
39,332,085 
Current Liabilities 
Trade and other payables 
17 
19,635,954 
1,614,687 
Lease liabilities 
15 
103,860 
45,941 
Borrowings 
18 
108,737 
- 
Provisions 
19 
3,125,085 
196,593 
Other liabilities 
20 
3,733,496 
- 
Total Current Liabilities 
26,707,132 
1,857,221 
Non-Current Liabilities 
Trade and other payables 
17 
933,509 
848,644 
Lease liabilities 
15 
213,757 
275,775 
Borrowings 
18 
2,206,818 
- 
Provisions 
19 
10,596,059 
2,926,920 
Other liabilities 
20 
438,263 
- 
Total Non-Current liabilities 
14,388,406 
4,051,339 
Total Liabilities 
41,095,538 
5,908,560 
Net Assets 
69,083,766 
33,423,525 
Equity 
Issued capital 
21 
108,861,315 
68,981,082 
Accumulated losses 
(49,318,275) 
(42,926,520) 
Reserves 
22 
9,540,726 
7,368,963 
Total Equity 
69,083,766 
33,423,525 
The Consolidated Statement of Financial Position should be read in conjunction with the notes to the financial statements. 

- 47 -
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 
As at 30 June 2024 
Note 
Issued Capital 
Accumulated Losses 
Reserves 
Total 
$ 
$ 
$ 
$ 
At 1 July 2022 
43,254,388 
(44,870,886) 
6,265,842 
4,649,344 
Profit for the year 
- 
1,944,366 
-
1,944,366
Other comprehensive income 
- 
- 
 - 
- 
Total comprehensive profit for the period after tax 
-   
 1,944,366 
-
1,944,366
Issue of share capital 
21 
25,852,866 
 - 
- 
25,852,866 
Share issue costs 
21 
(126,172) 
 - 
- 
(126,172) 
Share-based payments 
23 
- 
- 
1,103,121 
1,103,121 
At 30 June 2023 
68,981,082 
 (42,926,520) 
7,368,963 
33,423,525 
At 1 July 2023 
68,981,082 
 (42,926,520) 
7,368,963 
33,423,525 
Loss for the year 
- 
 (6,391,755) 
-
(6,391,755)
Other comprehensive income 
- 
- 
- 
- 
Total comprehensive loss for the year after tax 
- 
(6,391,755) 
-
(6,391,755)
Issue of share capital 
21 
40,896,944 
 - 
- 
40,896,944 
Share issue costs 
21 
(1,016,711) 
 - 
- 
(1,016,711) 
Share-based payments 
23 
- 
- 
2,171,763 
2,171,763 
Balance at 30 June 2024 
108,861,315 
(49,318,275) 
9,540,726 
69,083,766 
The Consolidated Statement of Changes in Equity should be read in conjunction with the notes to the financial statements. 

Brightstar Resources Limited 
- 48 -
CONSOLIDATED STATEMENT OF CASH FLOWS 
For the year ended 30 June 2024 
Note 
June 2024 
June 2023 
$ 
$ 
Cash flows from operating activities 
Receipts from customers 
1,054,317 
- 
Payments to suppliers and employees 
(7,385,361) 
(804,705) 
Other income 
6,600,000 
- 
Interest received 
57,063 
8,900 
Finance costs 
(195,701) 
(2,432) 
Payments to acquire financial assets 
- 
(33,805) 
Net cash inflow/(used) in operating activities 
10(i) 
130,318 
(832,042) 
Cash flows from investing activities 
Proceeds from sale of property, plant and equipment 
- 
764 
Payments for property, plant and equipment 
(2,675,345) 
(58,900) 
Payments for exploration and evaluation expenditure 
(6,070,514) 
(2,553,794) 
Payments for acquisition of exploration assets 
- 
(2,000) 
Payments to acquire subsidiaries, net of cash acquired 
(2,425,723) 
155,445 
Net cash used in investing activities 
(11,171,582) 
(2,458,485) 
Cash flow from financing activities 
Proceeds from issue of shares 
20,500,000 
2,260,000 
Share issue costs 
(1,016,711) 
(126,172) 
Repayment of borrowings 
(840,875) 
- 
Principal element of lease payments 
(65,373) 
(18,918) 
Net cash inflow from financing activities 
18,577,041 
2,114,910 
Net increase/(decrease) in cash held 
7,535,777 
(1,175,614) 
Cash and cash equivalents at beginning of the year 
425,707 
1,601,324 
Cash and cash equivalents at end of the year 
7,961,484 
425,707 
The Consolidated Statement of Cash Flows should be 
read in conjunction with the notes to the financial statements. 

- 49 -
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 1: CORPORATE INFORMATION 
Brightstar Resources Limited is a company limited by shares, incorporated and domiciled in Australia. The Company is a 
for-profit entity. Its registered office and principal place of business is Level 2, 36 Rowland Street, Subiaco, WA 6008. 
The financial report covers Brightstar Resources Limited (“the Company”) and its controlled entities as a group (together 
referred to as the “Group”).  
NOTE 2: BASIS OF PREPARATION 
This financial report is a general-purpose financial report that has been prepared in accordance with the Corporations Act 
2001 and Australian Accounting Standards, Interpretations and other applicable authoritative pronouncements of the 
Australian Accounting Standards Board (AASB). 
The financial report was approved by the directors on 27 September 2024. 
Compliance with IFRS 
The financial report also complies with the International Financial Reporting Standards (IFRS) issued by the International 
Accounting Standards Board (IASB). 
Historical cost convention 
The financial report has been prepared under the historical cost convention, as modified by revaluations to fair value for 
certain classes of assets and liabilities as described in the accounting policies. 
Functional and presentation currency 
Items included in the financial statements of each of the consolidated entities are measured using the currency of the 
primary economic environment in which the entity operates (“functional currency”). The consolidated financial statements 
are presented in Australian Dollars, which is Brightstar Resources Limited’s presentation currency. 

- 50 -
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 2: BASIS OF PREPARATION (CONTINUED) 
Going Concern 
The financial report has been prepared on a going concern basis, which assumes that the Group will continue in operation 
for the foreseeable future. 
The Group has recorded a net loss of $6,391,755 (2023: net profit of $1,944,366), reported cash generated from operating 
activities $130,318 (2023: outflows of $832,042) and as of 30 June 2024 cash and cash equivalents of $7,961,484 (2023: 
$425,707). The net assets of the Group as at 30 June 2024 were $69,083,766 (2023: $33,423,525).  
The directors have prepared a cash flow forecast for the period ending 30 September 2025. It is recognised that additional 
funding is required either through the issue of further shares, or convertible notes, or the sale of assets, or through debt 
funding or a combination of these activities for the Group to continue to actively explore and develop its mineral properties 
and continue mining operations, until recommencement of mining and milling operations (subject to DFS).  
The directors have reviewed the business outlook and the assets and liabilities of the Group and are of the opinion that the 
use of the going concern basis of accounting is appropriate. The following factors have been taken into consideration by 
the directors: 
•
Subsequent to year end, the Company formally completed the acquisition of Linden Gold Alliance Limited and
issued shares for the remaining consideration due to Linden shareholders as well as the shares to settle Linden’s
debt obligations with St Barbara Limited (current liability recognised at 30 June 2024 $2.28 million).
•
Subsequent to the year end, the Company has successfully completed a Share Placement raising gross proceeds
of $24 million (before costs) at an issue price of $0.015 per share (refer to note 29).  In addition, following
shareholder approval at the EGM on 17 September 2024, shares were issued as consideration for drilling services
to Top Drill Pty Ltd ($1 million) and the settlement of an amount owing to Genesis Minerals Limited (current liability
recognised at 30 June 2024 of $2.66 million).
•
Subsequent to the year end, the Company successfully negotiated to convert $1.2 million of trade creditors to
equity, issuing 80 million shares at a price of $0.015 per share.
•
Subsequent to the year end, the Company sold gold dore inventory on hand at 30 June 2024 and received
proceeds of $2.27 million.
However, the Group acknowledge that the status of going concern relies on the development of the Group’s projects and 
subsequent capital or debt raising to support the development. Should the Group be unable to raise further debt or capital, 
there exists a material uncertainty that the Group may in the future not be able to continue as a going concern.  
The financial report does not include adjustments relating to the recoverability and classification of recorded asset amounts 
nor to the amounts and classification of liabilities that might be necessary should the Group not continue as a going concern. 
New and revised accounting standards effective for the current reporting period 
The Group has adopted all of the new and amended Standards and Interpretations issued by the Australian Accounting 
Standards Board (the AASB) that are relevant to the Group and effective for the current reporting period. The Group has 
considered the implications of new and amended Accounting Standards and has determined that their application to the 
financial statements is either not relevant or not material. 
Accounting standards issued but not yet effective 
The Group has considered all Standards and Interpretations issued but not yet effective for the current reporting period and 
has determined that their implication to the financial statements is either not relevant or not material. 

- 51 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 2: BASIS OF PREPARATION (CONTINUED) 
Principles of consolidation 
The consolidated financial statements are those of the consolidated entity (“the Group”), comprising the financial statements 
of the parent entity and all of the entities the parent controls. The Group controls an entity where it has the power, for which 
the parent has exposure or rights to variable returns from its involvement with the entity, and for which the parent has the 
ability to use its power over the entity to affect the amount of its returns. 
Critical accounting judgements, estimates and assumptions 
The preparation of the financial statements requires management to make judgements, estimates and assumptions that 
affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in 
relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and 
assumptions on historical experience and on other various factors, including expectations of future events, management 
believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal 
the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material 
adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are 
discussed in note 3. 
Parent entity information 
In accordance with the Corporations Act 2001, these financial statements present the results of the consolidated entity only. 
Supplementary information about the parent entity is disclosed in Note 28. 
Rounding of amounts 
The Company is of a kind referred to in Corporations Instrument 2016/191, issued by the Australian Securities and 
Investments Commission, relating to 'rounding-off'. Amounts in this report have been rounded off in accordance with that 
Corporations Instrument to the nearest dollar, unless otherwise stated.  
NOTE 3: CRITICAL ACCOUNTING ESTIMATES, JUDGEMENTS AND ASSUMPTIONS 
The preparation of the financial statements requires management to make judgements, estimates and assumptions that 
affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in 
relation to assets, liabilities, contingent liabilities, revenue and expenses.  
Management bases its judgements, estimates and assumptions on historical experience and on other various factors, 
including expectations of future events, management believes to be reasonable under the circumstances. The resulting 
accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and 
assumptions in these financial statements that have a significant risk of causing a material adjustment to the carrying 
amounts of assets and liabilities within the next financial period are disclosed below. 

- 52 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 3: CRITICAL ACCOUNTING ESTIMATES, JUDGEMENTS AND ASSUMPTIONS (CONTINUED) 
Exploration and evaluation costs 
Exploration and evaluation expenditure incurred is accumulated in respect of each identifiable area of interest.  These costs 
are carried forward in respect of an area that has not at reporting date reached a stage which permits a reasonable 
assessment of the existence or otherwise of economically recoverable reserves, and active Group operations in, or relating 
to, the area of interest are continuing. 
Impairment of exploration and evaluation assets 
The ultimate recoupment of the value of exploration and evaluation assets is dependent on the successful development 
and commercial exploitation, or alternatively, sale, of the exploration and evaluation assets.  On a regular basis, 
management consider whether there are indicators as to whether the asset carrying values exceed their recoverable 
amounts.  This consideration includes assessment of the following: 
•
expiration of the period for which the entity has the right to explore in the specific area of interest with no plans for
renewal;
•
substantive expenditure on further exploration for and evaluation in the specific area is neither budgeted nor
planned;
•
exploration for and evaluation activities have not led to the discovery of commercially viable quantities of mineral
resources and the entity has decided to discontinue such activities in the specific area; and
•
sufficient data exist to indicate that, although a development in the specific area is likely to proceed, the carrying
amount of the exploration and evaluation asset is unlikely to be recovered in full from successful development or
by sale.
Where an impairment indicator is identified, the determination of the recoverable amount requires the use of estimates and 
judgement in determining the inputs and assumptions used in determining the recoverable amounts. 
The key areas of judgement and estimate include: 
•
Recent exploration and evaluation results and resource estimates;
•
Environmental issues that may impact on the underlying tenements; and
•
Fundamental economic factors that have an impact on the operations and carrying values of assets and liabilities.
Recoverability of Mine Properties 
Certain assumptions are required to be made in order to assess the recoverability of Mine Properties. The recoverable 
amount of Mine Properties is the higher of fair value less costs of disposal and value in use. Mine Properties values are 
tested on a “Fair value less costs of disposal” as a basis to determine any impairment. In estimating the fair value of Mine 
Properties, the Group engages third party qualified valuers to perform the valuation of Mine Properties.  
The key areas of judgement and estimate include: 
Auction Value of Mine Properties (last report issued for valuation performed in July 2017); and 
Fundamental economic factors that have an impact on the operations and carrying values of assets and liabilities. 
Provision for restoration and rehabilitation obligations 
The estimated costs of future site rehabilitation and restoration, including heritage preservation where required, associated 
with previous mining and/or exploration activity are provided for as and when an obligation arises and are included in the 
costs of the related area of interest. These costs include the dismantling and removal of any plant, equipment and building 
structures and rehabilitation, where such work is deemed appropriate by the relevant government authorities and the cost 
of making safe any remaining aspects of the previous mining operation.  The costs are based on estimates of future costs, 
current legal requirements and existing technology. 

- 53 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 3: CRITICAL ACCOUNTING ESTIMATES, JUDGEMENTS AND ASSUMPTIONS 
Provision for restoration and rehabilitation obligations (continued) 
The provision is based on the best available information of costs expected to be incurred at the expiry of the respective 
license agreements.  Such costs have been provided for at the present value of future expected expenditure discounted 
using a rate adjusted for risks specific to the liability.  On an ongoing basis the closure liability is remeasured at each 
reporting period in line with the changes in time value of money (recognised as a finance cost in profit or loss and an 
increase in provision), and changes in estimates of future costs or methods of rehabilitation.  Changes in the closure liability 
are recognised prospectively.  
Certain assumptions are required to be made in determining the amount expected to be incurred to settle its obligations in 
relation to restoration and rehabilitation of the mine site.  Key assumptions include the amount and timing of future cash 
flow estimates.   
Share-based payments 
The Group measures the cost of equity-settled transactions with suppliers and employees by reference to the fair value of 
the goods or services received provided this can be estimated reliably.  If a reliable estimate cannot be made the value of 
the goods or services is determined indirectly by reference to the fair value of the equity instrument granted. The fair value 
of the equity instruments granted is determined using an appropriate option pricing model taking into account the terms and 
conditions upon which the instruments were granted. Volatility for these calculations is determined with reference to the 
Group’s historical volatility for a comparable or appropriate period. The accounting estimates and assumptions relating to 
equity-settled share-based payments would have no impact on the carrying amounts of assets and liabilities within the next 
annual reporting period but may impact profit or loss and equity. Please refer to note 23 for further details. 
Income tax 
The consolidated entity is subject to income taxes in the jurisdictions in which it operates. Significant judgement is required 
in determining the provision for income tax. There are many transactions and calculations undertaken during the ordinary 
course of business for which the ultimate tax determination is uncertain. The consolidated entity recognises liabilities for 
anticipated tax audit issues based on the consolidated entity's current understanding of the tax law. Where the final tax 
outcome of these matters is different from the carrying amounts, such differences will impact the current and deferred tax 
provisions in the period in which such determination is made. 
NOTE 4: SEGMENT REPORTING 
Segment Reporting 
The Group’s operating segment has been determined with reference to the information and reports the chief operating 
decision makers use to make strategic decisions regarding Company resources. 
The chief operating decision makers include the Managing Director, Executive Director – Operations and the Board of 
Directors.  Financial information is reported to the chief operating decision makers as a single segment and all significant 
operating decisions are based upon analysis of the Group as one segment.  The financial results of this segment are 
equivalent to the financial statements of the Group as a whole. 
The Group has one reportable segment which is exploration, development and mining of minerals in Australia. 
Major customers 
During the financial year ended 30 June 2024, all of the consolidated entity’s external revenue was derived from Genesis 
Minerals Limited (30 June 2023: nil).  

- 54 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 5: REVENUE 
June 2024 
June 2023 
Gold revenue 
1,054,317 
- 
1,054,317 
- 
Material accounting policy 
Sale of goods 
Revenue from the sale of goods is recognised at the point in time when the customer obtains control of the goods, 
which is generally at the time of delivery. 
NOTE 6: COST OF SALES 
June 2024 
June 2023 
Mining and haulage costs 
2,455,057 
- 
Depreciation of property, plant and equipment 
2,129,716 
- 
Care & maintenance costs 
268,121 
366,466 
4,852,894 
366,466 
NOTE 7: OTHER INCOME AND EXPENSE ITEMS 
(a) Other income
June 2024 
June 2023 
Selkirk JV distribution 
6,500,000 
- 
Royalty 
100,000 
- 
Other 
132,321 
2,040 
Gain from sale of non-current assets 
- 
708 
Gain on extinguishment of debt arrangements 
- 
5,060,075 
6,732,321 
5,062,823 
Material accounting policy 
Other revenue 
Other revenue is recognised when it is received or when the right to receive payment is established. 

- 55 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 7: OTHER INCOME AND EXPENSE ITEMS (CONTINUED) 
(b) Finance income and costs
Finance income 
June 2024 
June 2023 
Interest income 
58,105 
9,217 
58,105 
9,217 
Finance costs 
Interest expense 
(161,834) 
(17,675) 
Interest expense on lease liabilities 
(33,867) 
(2,432) 
Unwind of discount – long term benefit 
(84,865) 
(77,149) 
Unwind of discount – rehabilitation provision 
(152,077) 
(266,084) 
(432,643) 
(363,340) 
Material accounting policy 
Interest 
Interest revenue is recognised as interest accrues. 
(c) Administration and other expenses
June 2024 
June 2023 
Employee benefits expense 
745,936 
1,206,616 
Corporate advisory and consulting fees 
922,283 
39,000 
Other expenses 
1,524,113 
515,060 
3,192,332 
1,760,676 

- 56 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 8: INCOME TAX 
(a) The components of tax (expense)/benefit comprise:
June 2024 
June 2023 
$ 
$ 
Current tax 
- 
- 
Deferred tax 
- 
- 
Income tax (expense)/Benefit reported in the profit or loss and other 
comprehensive income 
- 
- 
(b) The prima facie tax payable on loss from ordinary activities before income tax is reconciled to the
income tax expense as follows
June 2024 
June 2023 
$ 
$ 
Accounting (loss)/income before tax from continuing operations 
(6,391,755) 
1,944,364 
Income tax (benefit)/expense calculated at an income tax rate of 25% 
(2023:30%) 
(1,597,939) 
583,309 
Add/(Less) tax effect of 
Non-deductible expenses 
608,238 
119,990 
Capital gain on acquisitions 
2,047,768 
175,967 
Deferred tax position not recognised 
(1,058,067) 
(879,266) 
Income tax (expense)/Benefit reported in the profit or loss and other 
comprehensive income 
- 
- 
(c) Deferred tax assets not brought to account
June 2024 
June 2023 
$ 
$ 
Temporary differences 
(7,622,060) 
(9,136,774) 
Operating tax losses 
26,947,601 
19,374,579 
Capital tax losses 
157,823 
- 
19,483,364 
10,237,805 
(d) Tax receivable/ (payable)
As at 30 June 2024, the consolidated entity has income tax receivable of $2,320 (2023: nil). 
Potential deferred tax assets attributable to tax losses and other temporary differences have not been brought to account 
at 30 June 2024 because the directors do not believe it is appropriate to regard realisation of the deferred tax assets as 
probable at this point in time. These benefits will only be obtained if: 
-
the consolidated entity derives future assessable income of a nature and of an amount sufficient to enable the
benefit from the deductions for the expenditure to be realised; and
-
no changes in tax legislation adversely affect the consolidated entity in realising the benefit from the deductions
for the expenditure.

- 57 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 8: INCOME TAX (CONTINUED) 
Material accounting policy 
The income tax expense (revenue) for the year comprises current income tax expense (income) and deferred tax 
expense (income). 
Deferred Tax 
Deferred tax expense reflects movements in deferred tax asset and deferred tax liability balances during the year as well 
as unused tax losses. 
Current and deferred income tax expense (income) is charged or credited directly to equity instead of the profit or loss 
when the tax relates to items that are credited or charged directly to equity. 
Deferred tax assets and liabilities are ascertained based on temporary differences arising between the tax bases of 
assets and liabilities and their carrying amounts in the financial statements. Deferred tax assets also result where 
amounts have been fully expensed but future tax deductions are available. No deferred income tax will be recognised 
from the initial recognition of an asset or liability, excluding a business combination, where there is no effect on accounting 
or taxable profit or loss. 
Deferred tax assets and liabilities are calculated at the tax rates that are expected to apply to the period when the asset 
is realised or the liability is settled, based on tax rates enacted or substantively enacted at the end of the reporting period. 
Their measurement also reflects the manner in which management expects to recover or settle the carrying amount of 
the related asset or liability. 
Deferred tax assets relating to temporary differences and unused tax losses are recognised only to the extent that it is 
probable that future taxable profit will be available against which the benefits of the deferred tax asset can be utilised. 
Where temporary differences exist in relation to investments in subsidiaries, branches, associates, and joint ventures, 
deferred tax assets and liabilities are not recognised where the timing of the reversal of the temporary difference can be 
controlled, and it is not probable that the reversal will occur in the foreseeable future. 
Current tax assets and liabilities are offset where a legally enforceable right of set-off exists and it is intended that net 
settlement or simultaneous realisation, and settlement of the respective asset and liability will occur. Deferred tax assets 
and liabilities are offset where a legally enforceable right of set-off exists, the deferred tax assets and liabilities relate to 
income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities where it 
is intended that net settlement or simultaneous realisation and settlement of the respective asset and liability will occur 
in future periods in which significant amounts of deferred tax assets or liabilities are expected to be recovered or settled. 

- 58 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 9: LOSS PER SHARE 
June 2024 
June 2023 
Net (loss)/profit for the year in $ 
(6,391,755) 
1,944,366 
Weighted average number of ordinary shares for the purposes of basic 
(loss)/earnings per share 
2,406,755,619 
822,752,276 
Adjusted weighted average number of ordinary shares for the purposes of 
diluted (loss)/earnings per share 
n/a 
900,398,573 
Total basic (loss)/earnings per share (cents) 
(0.27) 
0.24 
Total diluted (loss)/earnings per share (cents) 
(0.27) 
0.22 
In the current year share options are not dilutive as their inclusion would give rise to a reduced loss per share. In the prior 
year the above adjusted weighted average number of shares incorporates an adjustment to the calculation to incorporate 
the effects of bonus elements (if any) in relation to rights issues.  
Material accounting policy 
Basic Loss Per Share 
Basic loss per share is determined by dividing net profit or loss after income tax attributable to members of the Company, 
excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares 
outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the year. 
Diluted Loss Per Share 
Diluted loss per share adjusts the figures used in the determination of basic earnings per share to take into account the 
after-income tax effect of interest and other financing costs associated with dilutive potential ordinary shares and the 
weighted average number of shares assumed to have been issued for no consideration in relation to dilutive potential 
ordinary shares. 
NOTE 10: CASH AND CASH EQUIVALENTS 
June 2024 
June 2023 
$ 
$ 
Cash at bank and in hand 
7,961,484 
425,707 
7,961,484 
425,707 
Material accounting policy 
Cash and cash equivalents 
Cash at bank earns interest at floating rates based on daily deposit rates. Short-term deposits are made in varying periods 
between one day and three months, depending on the immediate cash requirements of the Group and earn interest at 
the respective short-term deposit rates. 
Cash flows are presented in the statement of cash flows on a gross basis, except for the GST component of investing 
and financing activities, which are disclosed as operating cash flows. 
At 30 June 2024, the Group did not have any undrawn committed borrowing facilities. 

- 59 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 10: CASH AND CASH EQUIVALENTS (CONTINUED) 
(i) Reconciliation to Cash Flow Statement
Cash and cash equivalents as shown in the Statement of Cash Flows is reconciled to the related items in the Statement of 
Financial Position as follows: 
June 2024 
June 2023 
$ 
$ 
Cash and cash equivalents 
7,961,485 
425,707 
(ii) Reconciliation of loss for the year to net cash flows used in operating activities
June 2024 
June 2023 
$ 
$ 
Profit/(loss) for the year 
(6,391,755) 
 1,944,366 
Depreciation and amortisation presented under Cost of sales 
 2,129,716 
- 
Depreciation and amortisation 
 128,048 
 43,383 
Impairment expenses 
 151,579 
 700,755 
Transaction costs in business combination 
2,750,850 
- 
Exploration expenditure written off 
211,901 
 125,512 
(Gain)/Loss from sale of non-current asset 
- 
 (708) 
Debt forgiven 
- 
 (4,434,667) 
Finance costs 
 - 
 1,264 
Share-based payments 
2,311,170 
 707,605 
(Increase)/decrease in assets: 
Current receivables 
 (923,493) 
78,743 
Prepayments 
 54,582 
 (98,286) 
Inventories 
 (2,142,879) 
- 
Increase/(decrease) in liabilities: 
Current payables 
 1,675,969 
 (609,523) 
Current provisions 
 70,009 
 45,628 
Other liabilities 
 (132,321) 
- 
Other payables 
 84,865 
 848,644 
Provision for rehabilitation 
 152,077 
 (184,758) 
Net cash inflow/(used) in operating activities 
130,318 
(832,042) 

- 60 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 10: CASH AND CASH EQUIVALENTS (CONTINUED) 
(iii) Non-cash investing and financing activities
During the year, the Group had the following non-cash investing and financing activities: 
-
Issue of 1,327,462,937 fully paid ordinary shares shareholders of Linden Gold Alliance Ltd (“Linden”) as part
consideration for acquisition of Linden (“Consideration Shares”). The market price as of 31 May 2024 being $0.015
per share was selected for valuation purposes.
-
Grant of 88,509,757 unlisted options to option holders of Linden Gold Alliance Ltd (“Linden”) as part consideration
for acquisition of Linden (“Consideration Options”). $145,593 has been recognised and recorded as the fair value of
the Consideration Options.
During the prior year, the Group had the following non-cash investing and financing activities: 
-
A new lease arrangement was entered into during the year which resulted in a right of use asset addition of $307,203.
-
Issue of 19,090,909 fully paid ordinary shares to Stone Resources (Hong Kong) Limited (“SRHKL”) at a price of
$0.033 per share, as equity settlement of the Cortex Loan.
-
Issue of 10,545,818 fully paid ordinary shares to SRHKL at a price of $0.028 per share, as non-cash payment of an
Option Fee for being granted a Royalty Buy-back Option
-
Issue of 741,386,387 fully paid ordinary shares to shareholders of Kingwest Resources Ltd (“Kingwest”) as part
consideration for acquisition of Kingwest (“Consideration Shares”). $22,456,635 has been recognised and recorded
as the fair value of the Consideration Shares.
-
Grant of 173,511,384 unlisted options to optionholders of Kingwest Resources Ltd (“Kingwest”) as part consideration
for acquisition of Kingwest (“Consideration Options”). $901,747 has been recognised and recorded as the fair value
of the Consideration Options.

- 61 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 11: TRADE AND OTHER RECEIVABLES 
June 2024 
June 2023 
Current 
$ 
$ 
Trade and other receivable 
985,692 
51,729 
GST receivable 
767,578 
82,728 
Prepayments 
179,487 
114,172 
Bank guarantees and deposits 
60,943 
50,943 
1,993,700 
299,572 
Material accounting policy 
Trade and other receivables 
Trade and other receivables include amounts due from customers for goods sold and services performed in the ordinary 
course of business. Trade and other receivables are initially recognised at fair value and subsequently measured at 
amortised cost using effective interest method less any allowance for expected credit loss. Receivables expected to be 
collected within 12 months of the end of the reporting period are classified as current assets. 
Impairment of financial assets 
The consolidated entity recognises a loss allowance for expected credit losses on financial assets which are measured 
at amortised cost. The measurement of the loss allowance depends upon the consolidated entity’s assessment at the 
end of each reporting period as to whether the financial instrument’s credit risk has increased significantly since initial 
recognition, based on reasonable and supportable information that is available, without undue cost or effort to obtain. 
Where there has not been a significant increase in exposure to credit risk since initial recognition, a 12-month expected 
credit loss allowance is estimated. This represents a portion of the asset’s lifetime expected credit losses that is 
attributable to a default event that is possible within the next 12 months. Where a financial asset has become credit 
impaired or where it is determined that credit risk has increased significantly, the loss allowance is based on the asset’s 
lifetime expected credit losses. The amount of expected credit loss recognised is measured on the basis of the probability 
weighted present value of anticipated cash shortfalls over the life of the instrument discounted at the original effective 
interest rate. 
NOTE 11: TRADE AND OTHER RECEIVABLES (CONTINUED) 
June 2024 
June 2023 
Non - Current 
$ 
$ 
Other financial assets 
3,392,000 
- 
3,392,000 
- 
On 8 December 2023, Linden Gold Alliance Limited (Linden) terminated a joint venture arrangement with Matsa Gold Pty 
Ltd (Matsa) in relation to the Devon Gold Mine.  Pursuant to the Deed of Settlement (Deed), Linden has the right to receive 
future consideration equal to 50% of the net profit from the mining operations of Devon Gold Mine up to a maximum of 
$4,000,000. Net profit is defined as gross proceeds after recovery of all pre-development, development, exploration mining, 
financing and other costs.  The Company has estimated the fair value of the consideration using a discounted cashflow 
model with estimates and judgements around the future profitability of the operation and timing of cashflows. 
Fair value of other financial assets at amortised cost 
The fair values were calculated based on cash flows discounted using a current lending rate. They are classified as level 
3 fair values in the fair value hierarchy due to the inclusion of unobservable inputs including counterparty credit risk (see 
note 24). 

- 62 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 11: TRADE AND OTHER RECEIVABLES (CONTINUED) 
Material accounting policy 
Investments and other financial assets 
Classification 
The Group classifies its financial assets in the following measurement categories: 
• those to be measured subsequently at fair value (either through OCI or through profit or loss), and
• those to be measured at amortised cost.
The classification depends on the entity’s business model for managing the financial assets and the contractual terms of 
the cash flows. 
For assets measured at fair value, gains and losses will either be recorded in profit or loss or other comprehensive income 
(OCI). For investments in equity instruments that are not held for trading, this will depend on whether the group has made 
an irrevocable election at the time of initial recognition to account for the equity investment at fair value through other 
comprehensive income (FVOCI). 
The Group reclassifies debt investments when and only when its business model for managing those assets changes. 
Recognition and derecognition 
Regular way purchases and sales of financial assets are recognised on trade date, being the date on which the Group 
commits to purchase or sell the asset. Financial assets are derecognised when the rights to receive cash flows from the 
financial assets have expired or have been transferred and the group has transferred substantially all the risks and 
rewards of ownership. 
Measurement 
At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair 
value through profit or loss (FVPL), transaction costs that are directly attributable to the acquisition of the financial asset. 
Transaction costs of financial assets carried at FVPL are expensed in profit or loss. 
Financial assets with embedded derivatives are considered in their entirety when determining whether their cash flows 
are solely payment of principal and interest. 
NOTE 12: INVENTORY 
June 2024 
June 2023 
$ 
$ 
Ore stockpiles 
1,211,291 
- 
Finished goods 
2,283,655 
- 
Consumable supplies 
171,203 
- 
3,666,149 
- 
Material accounting policy 
Recognition and measurement 
Ore stockpiles and finished goods are physically measured and valued at the lower of cost and net realisable value. Cost 
represents the weighted average cost and includes direct mining and processing costs and an appropriate portion of 
fixed and variable production overhead expenditure including underground mining capital costs. 
Net realisable value and classification of inventory 
The assessment of the net realisable value and classification of inventory involves significant judgements and estimates 
in relation to timing and cost of processing, commodity prices, recoveries and the likely timing of sale of the gold bearing 
products. A change in any of these assumptions will alter the estimated net realisable value and may therefore impact 
the carrying amount of inventory. 

- 63 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 13: PROPERTY, PLANT AND EQUIPMENT 
Office furniture 
and equipment 
Plant and 
equipment 
Motor vehicles 
Mine properties 
Land and 
building 
Right-of-use 
asset 
Total 
$ 
$ 
$ 
$ 
$ 
$ 
$ 
At 1 July 2022, net of accumulated depreciation and 
impairment 
26,982 
- 
59,253 
- 
- 
14,908 
101,143 
Additions 
3,938 
22,500 
- 
31,398 
-
307,203
365,039 
Additions through acquisition of subsidiary 
9,023 
5,656 
 63,791 
-
98,234
-
176,704
Disposals/write-offs 
- 
- 
(57) 
- 
- 
- 
(57) 
Depreciation charge for the year 
(10,870)  
(496)
(11,540)
-
(449)
(20,028) 
(43,383) 
At 30 June 2023, net of accumulated depreciation and 
impairment 
29,073 
27,660 
 111,447 
31,398 
97,785 
302,083 
599,446 
Cost 
133,346 
158,651 
345,989 
390,381 
104,662 
307,203 
1,440,232 
Accumulated depreciation 
(104,273) 
(130,991) 
(234,542) 
(358,983) 
(6,877) 
(5,120) 
(840,786) 
At 1 July 2023, net of accumulated depreciation and 
impairment 
29,073 
27,660 
 111,447 
31,398 
97,785 
302,083 
599,446 
Additions 
15,275 
83,082 
 133,089 
2,268,579 
104,930 
-
2,675,358
Additions through acquisition of subsidiary 
-
15,261,750
-
23,249,541
-
54,511
38,494,398 
Depreciation charge for the year 
(14,725) 
(85,735) 
 (37,562) 
 (2,040,316) 
(5,358) 
(75,068) 
(2,257,763) 
Balance at 30 June 2024, net of accumulated depreciation 
and impairment 
29,623 
15,286,757 
206,974 
23,509,202 
197,357 
281,526 
39,511,439 
Cost 
148,621 
18,098,536 
479,079 
66,620,815 
209,592 
348,087 
85,904,730 
Accumulated depreciation 
(118,998) 
(2,811,779) 
(272,105) 
(43,111,613) 
(12,235) 
(66,561) 
(46,393,291) 

- 64 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 13: PROPERTY, PLANT AND EQUIPMENT (CONTINUED) 
Material accounting policy 
Property, plant and equipment 
Plant and equipment is stated at cost less accumulated depreciation and any accumulated impairment losses. Such cost 
includes the cost of replacing parts that are eligible for capitalisation when the cost of replacing the parts is incurred. 
Similarly, when each major inspection is performed, its cost is recognised in the carrying amount of the plant and 
equipment as a replacement only if it is eligible for capitalisation. 
Depreciation is calculated on a straight-line basis over the estimated useful life of the assets as follows: 
Office furniture and equipment  
5 - 8 years 
Plant and equipment 
3 - 5 years 
Motor vehicles 
4 - 5 years 
The assets' residual values, useful lives and amortisation methods are reviewed, and adjusted if appropriate, at each 
financial year end. 
(i) Impairment
The carrying values of plant and equipment are reviewed for impairment at each balance date, with recoverable amount 
being estimated when events or changes in circumstances indicate that the carrying value may be impaired. 
The recoverable amount of plant and equipment is based on the fair value less costs of disposal. 
An impairment exists when the carrying value of an asset or cash-generating units exceeds its estimated recoverable 
amount. The asset or cash-generating unit is then written down to its recoverable amount. 
For plant and equipment, impairment losses are recognised in the statement of profit or loss as impairment expenses. 
(ii) Derecognition and disposal
An item of property, plant and equipment is derecognised upon disposal or when no further future economic benefits are 
expected from its use or disposal. 
Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds 
and the carrying amount of the asset) is included in profit or loss in the year the asset is derecognised. 
Mine properties 
Once mine construction is completed, assets from mine development expenditure are transferred to mine properties  
(which is a subcategory in property, plant and equipment).  Mine properties are stated at cost, less accumulated 
depreciation and accumulated losses. 
When further development expenditure is incurred in respect of mine properties after the commencement of production, 
such expenditure is carried forward as part of mine development expenditure only when substantial future economic 
benefits are thereby established, otherwise such expenditure is classified as part of the cost of production.  
Where mine properties are in production, amortisation of mine properties is provided on a unit of production basis, which 
results in a write off of the cost proportional to the depletion of the proven and probable mineral reserves. In accordance 
with its policy, the Group reviews the estimated useful lives of its mine properties on an ongoing basis. 
Where the Group’s mine properties is in care and maintenance, the Group has impaired assets to its fair value less cost 
of disposal and the Group amortises over a straight-line basis to account for the physical wear and tear while the asset 
remains idle, over an estimated remaining useful life of 5 years. 
The net carrying value of each area of interest is reviewed regularly and to the extent to which this value exceeds its 
recoverable amount, the excess is fully provided against or written off in the financial year in which this is determined 

- 65 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 14: DEFERRED EXPLORATION AND EVALUATION EXPENDITURE 
Costs carried forward in respect of Exploration and Evaluation expenditure: 
June 2024 
June 2023 
$ 
$ 
Balance at beginning of year 
38,007,360 
13,270,922 
Acquisition of subsidiary (refer to note 16) 
5,738,400 
23,344,038 
Expenditure incurred 
6,657,217 
2,091,155 
Remeasurement of the rehabilitation provision (note 19) 
3,455,034 
- 
Expenditure written off 
(211,901) 
- 
Impairment of Goongarrie Project (i) 
(110,044) 
(677,181) 
Impairment of Alpha and Beta mines (ii) 
(41,534) 
(23,574) 
Acquisition of tenements 
160,000 
2,000 
Balance at end of financial year 
53,654,532 
38,007,360 
The recoupment of costs carried forward in relation to areas of interest in the exploration and evaluation phases is 
dependent upon the successful development and commercial exploitation or sale of the respective areas. 
i.
The Company acquired the Goongarrie Project as a result of the acquisition of Kingwest Resources Ltd
on 26 May 2023. Drilling was suspended in September 2022 and there has been no commitment of
future funds on an exploration program. The balance of expenditure for Goongarrie Project has been
treated as impaired.
ii.
Mining in Beta and Alpha reached its designed pit depth in prior periods and evaluation is currently
underway to determine the future viability of these areas of interest.  Notwithstanding, the balance of
expenditure for Beta and Alpha mines has been treated as impaired until recommencement of mining in
these tenements.
Material accounting policy 
Exploration and evaluation 
Exploration and evaluation expenditures in relation to each separate area of interest are recognised as an exploration 
and evaluation asset in the year in which they are incurred where the following conditions are satisfied: 
(i)
the rights to tenure of the area of interest are current; and
(ii)
at least one of the following conditions is also met:
(a) the exploration and evaluation expenditures are expected to be recouped through successful
development and exploration of the area of interest, or alternatively, by its sale; or
(b) exploration and evaluation activities in the area of interest have not at the balance date reached a
stage which permits a reasonable assessment of the existence or otherwise of economically
recoverable reserves, and active and significant operations in, or in relation to, the area of interest
are continuing.
Exploration and evaluation assets are initially measured at cost and include acquisition of rights to explore, studies, 
exploratory drilling, trenching and sampling and associated activities and an allocation of depreciation and amortised of 
assets used in exploration and evaluation activities. General and administrative costs are only included in the 
measurement of exploration and evaluation costs where they relate directly to operational activities in a particular area 
of interest. 
Exploration and evaluation assets are assessed for impairment when facts and circumstances suggest that the carrying 
amount of an exploration and evaluation asset may exceed its recoverable amount. The recoverable amount of the 
exploration and evaluation asset (for the cash generating unit(s) to which it has been allocated being no larger than the 
relevant area of interest) is estimated to determine the extent of the impairment loss (if any). Where an impairment loss 
subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, 
but only to the extent that the increased carrying amount does not exceed the carrying amount that would have been 
determined had no impairment loss been recognised for the asset in previous years. 
Where a decision has been made to proceed with development in respect of a particular area of interest, the relevant 
exploration and evaluation asset is tested for impairment and the balance is then reclassified to development. 

- 66 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 15: LEASE LIABILITIES 
June 2024 
June 2023 
$ 
$ 
Leases 
Current 
103,860 
45,941 
Non-Current 
213,757 
275,775 
317,617 
321,716 
Material accounting policy 
Leases 
At the commencement date of a lease (other than leases of 12-months or less and leases of low value assets), the Group 
recognises a lease asset representing its right to use the underlying asset and a lease liability representing its obligation 
to make lease payments. 
Lease assets 
Lease assets are initially recognised at cost, comprising the amount of the initial measurement of the lease liability, any 
lease payments made at or before the commencement date of the lease, less any lease incentives received, any initial 
direct costs incurred by the Group, and an estimate of costs to be incurred by the Group in dismantling and removing the 
underlying asset, restoring the site on which it is located or restoring the underlying asset to the condition required by the 
terms and conditions of the lease, unless those costs are incurred to produce inventories. 
Subsequent to initial recognition, lease assets are measured at cost (adjusted for any remeasurement of the associated 
lease liability), less accumulated depreciation and any accumulated impairment loss. 
Lease assets are depreciated over the shorter of the lease term and the estimated useful life of the underlying asset, 
consistent with the estimated consumption of the economic benefits embodied in the underlying asset. 
Lease liabilities 
Lease liabilities are initially recognised at the present value of the future lease payments (i.e., the lease payments that 
are unpaid at the commencement date of the lease). These lease payments are discounted using the interest rate implicit 
in the lease, if that rate can be readily determined, or otherwise using the Group’s incremental borrowing rate. 
Subsequent to initial recognition, lease liabilities are measured at the present value of the remaining lease payments 
(i.e., the lease payments that are unpaid at the reporting date). Interest expense on lease liabilities is recognised in profit 
or loss (presented as a component of finance costs). Lease liabilities are remeasured to reflect changes to lease terms, 
changes to lease payments and any lease modifications not accounted for as separate leases. 
Variable lease payments not included in the measurement of lease liabilities are recognised as an expense when 
incurred. 
Leases of 12-months or less and leases of low value assets 
Lease payments made in relation to leases of 12-months or less and leases of low value assets (for which a lease asset 
and a lease liability has not been recognised) are recognised as an expense on a straight-line basis over the lease term. 

- 67 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 16: BUSINESS COMBINATIONS 
Material accounting policy 
A business combination is a transaction or other event in which an acquirer obtains control of one or more businesses
and results in the consolidation of the assets and liabilities acquired. Business combinations are accounted for by 
applying the acquisition method. 
The consideration transferred is the sum of the acquisition date fair values of the assets transferred, equity instruments 
issued, or liabilities incurred by the acquirer to former owners of the acquiree. Deferred consideration payable is 
measured at its acquisition date fair value. Contingent consideration to be transferred by the acquirer is recognised at 
the acquisition date fair value. At each reporting date subsequent to the acquisition, contingent consideration payable is 
measured at its fair value with any changes in the fair value recognised in profit or loss unless the contingent consideration 
is classified as equity, in which case the contingent consideration is measured at its acquisition date fair value. 
If the net fair value of the acquirer's interest in the identifiable assets acquired and liabilities assumed is greater than the 
aggregate of the consideration transferred, the amount of any non controlling interest, and the acquisition date fair value 
of the acquirer’s previously held equity interest, the difference is immediately recognised as a gain in profit or loss. 
Acquisition related costs are expensed as incurred. 
Acquisition of Linden 
On 25 March 2024, Brightstar announced an off-market scrip takeover offer to acquire all the fully paid ordinary shares and 
options in Linden Gold Alliance Limited (Linden) (Offers). The conditions of the Offers were satisfied during the Offer Period 
and the contracts resulting from acceptances were declared unconditional by notice given on 22 May 2024. On 31 May 
2024, Brightstar completed the acquisition of Linden, acquiring a relevant interest in 96.75% Linden shares and 96.81% 
Linden options. On 10 July 2024, following completion of the compulsory acquisition processes, Brightstar completed the 
acquisition of 100% of the shares and options of Linden. As Linden was deemed to have substantive business processes 
in place with the ability to convert inputs to outputs, the acquisition has been treated as a business combination under 
Australian Accounting Standards. 
The total consideration comprised the issue of; 
•
6.9 fully paid ordinary shares in Brightstar for every one Linden share held (1,479,701,855 Brightstar shares);
and
•
6.9 new Brightstar unlisted options for every one Linden unlisted option held on comparable terms (88,509,757
Brightstar options).
The fair value of shares issued was based upon the Company’s closing share price on 31 May 2024 of $0.015. The fair 
value of the options was determined using Hoadley’s employee stock option model. Key valuation inputs include: 
•
Share price: $0.015
•
Exercise price: $0.036
•
Vesting period: vest immediately
•
Expiry date: 25 February 2025
•
Volatility: 100%
•
Risk free rate: 4.11%
•
Dividend yield: nil
The combination of Linden and Brightstar creates a gold producer and development company with a material resource base 
that supports the Company’s strategy of becoming a mid-tier gold producer.  

- 68 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 16: BUSINESS COMBINATIONS (CONTINUED) 
Acquisition of Linden (continued) 
Assets acquired and liabilities assumed 
The fair values of the identifiable assets and liabilities as at the date of the acquisition are as follows: 
Fair value 
$ 
Cash and cash equivalents 
2,017,122 
Trade receivables and other financial assets  
825,225 
Inventories 
1,523,270 
Property, plant and equipment 
15,261,750 
Right-of-use asset 
54,512 
Mine property and development 
23,249,541 
Exploration, evaluation and development expenditure 
5,738,400 
Trade and other receivables 
3,392,000 
Trade and other payables 
(13,386,097) 
Lease liabilities 
(61,274) 
Performance shares payable 
(438,263) 
Employee entitlements 
(290,925) 
Rehabilitation provision 
(4,062,028) 
Processing reconciliation payable 
(2,567,558) 
Borrowings1 
(7,332,321) 
Other liabilities 
(1,582,233) 
Acquisition date fair value of the total consideration transferred 
22,341,121 
Representing: 
Shares issued to vendor (note 21) 
19,911,944 
Shares to be issued to the vendor (note 20) 
2,283,584 
Options issued to vendor 
145,593 
22,341,121 
The net cash inflow from the above transaction was as follows: 
Net cash acquired 
2,017,122 
1 Includes. as part of the acquisition, the loan from the Company to Linden of $4,442,845. The payment to acquire subsidiary 
presented in the cash flow is presented net of the loan repayment.  
Acquisition related costs 
Acquisition related costs totalling $2,750,850 that were not directly attributable to the issue of shares are recognised within 
transaction costs in the consolidated statement of profit and loss.  
. 

- 69 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 16: BUSINESS COMBINATIONS (CONTINUED) 
Contribution to the Group’s results 
From the date of acquisition, Linden has contributed $1,054,317 in revenue and increased the Group’s loss after tax by 
$4,437,508 for the year ended 30 June 2024. Had the acquisition occurred at the beginning of the financial year, its 
estimated that the Group revenues and loss after tax would have increased by $11,269,833 and $13,022,831 respectively 
for the full year.  
The values identified in relation to the acquisition of Linden are final as at 30 June 2024. 
NOTE 17: TRADE AND OTHER PAYABLES 
June 2024 
June 2023 
$ 
$ 
Current 
Trade payables 
15,779,959 
958,521 
Other payables and accruals 
3,855,995 
656,166 
19,635,954 
1,614,687 
Non-Current 
Other payables and accruals 
933,509 
848,644 
933,509 
848,644 
Material accounting policy 
Trade and other payables 
Trade payables and other payables represent liabilities for goods and services provided to the Group prior to the end of 
the financial year which are unpaid. The amounts are unsecured and the majority of suppliers are usually payable within 
30-60 days of recognition.
NOTE 18: BORROWINGS 
June 2024 
June 2023 
$ 
$ 
Current 
Premium funding 
108,737 
- 
108,737 
- 
Non-Current 
Camp Financing Arrangement 
2,181,818 
- 
Other loans 
25,000 
- 
2,206,818 
- 
Material accounting policy 
Borrowings 
Borrowings are initially recognised at fair value, net of transaction costs incurred. Borrowings are subsequently measured 
at amortised cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is 
recognised in profit or loss over the expected period of the borrowings (if shorter than the contractual loan term) using 
the effective interest method. 

- 70 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 19: PROVISIONS 
June 2024 
June 2023 
$ 
$ 
Current 
Employee benefits 
557,527 
196,593 
Other 
2,567,558 
- 
3,125,085 
196,593 
Non-Current 
Rehabilitation 
10,596,059 
2,926,920 
10,596,059 
2,926,920 
Other provisions include $2,567,558 owing to Genesis Minerals Limited relating to the difference between provisional and 
final processing reconciliations on ore delivered by Linden Gold Alliance Limited during the financial year ending 30 June 
2024. 
The provision for rehabilitation represents the present value of estimated costs of site and pit rehabilitation based upon 
costs of rehabilitation expected to be incurred at the date the rehabilitation is required and the area of currently disturbed 
ground subject to rehabilitation as at balance date.  
Reconciliation of movement in provision for rehabilitation: 
June 2024 
June 2023 
$ 
$ 
Balance at 1 July 2023 
2,926,920 
3,111,668 
Additions recognised through business combinations 
4,062,028 
- 
Reassessment 
3,455,034 
(450,832) 
Unwinding of discount 
152,077 
266,084 
Balance at 30 June 2024 
10,596,059 
2,926,920 
Material accounting policy 
Provisions – Employee benefits 
Wages, Salaries and Annual Leave 
Liabilities for wages and salaries, including non-monetary benefits and annual leave are recognised in respect of 
employees’ services up to the reporting date.  They are measured at their nominal values using the remuneration rate 
expected to apply at the time of settlement.  Liabilities for non-accumulating sick leave are recognised when the leave is 
taken and are measured at the rates paid or payable. 
Long Service Leave 
The liability for long service leave is recognised and measured at the present value of expected future payments to be 
made in respect of services provided by employees up to the reporting.  Consideration is given to expected future wage 
and salary levels, experience of employee of departures, and period of service. 

- 71 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 19: PROVISIONS (CONTINUED) 
Material accounting policy 
Provision for restoration and rehabilitation 
A provision for restoration and rehabilitation is recognised when there is a present obligation as a result of development 
activities undertaken, it is probable that an outflow of economic benefits will be required to settle the obligation, and the 
amount of the provision can be measured reliably. The estimated future obligations include the costs of abandoning sites, 
removing facilities and restoring the affected areas. 
The provision for future restoration costs is the best estimate of the present value of the expenditure required to settle 
the restoration obligation at the balance date. Future restoration costs are reviewed annually and any changes in the 
estimate are reflected in the present value of the restoration provision at each balance date. 
The initial estimate of the restoration and rehabilitation provision is capitalised into the cost of the related asset and 
amortised on the same basis as the related asset, unless the present obligation arises from the production of inventory 
in the period, in which case the amount is included in the cost of production for the period. Changes in the estimate of 
the provision for restoration and rehabilitation are treated in the same manner unless they are not expected to be 
recovered over the course of the Groups operation where they are recognised in the Statement of Profit or Loss. The 
unwinding of the effect of discounting on the provision is recognised as a finance cost rather than being capitalised into 
the cost of the related asset. 
NOTE 20: OTHER FINANCIAL LIABILITIES 
June 2024 
June 2023 
Current Liabilities 
$ 
$ 
Securities to be issued (i) 
2,283,584 
- 
Legacy camp licence (ii) 
1,449,912 
- 
3,733,496 
- 
(i)
Represents the value of shares and options to be issued in relation to the final consideration for the Linden
acquisition and settlement of Linden’s debt obligation with St Barbara Limited (refer note 29).
(ii)
Second Fortune Gold Project Pty Ltd (SFGP) entered into an Accommodation and Airstrip Agreement
(Agreement) with Legacy Iron Ore Limited (Legacy) on 3 October 2023.  Pursuant to the Agreement, Legacy
has the right to use 35 fully serviced rooms at Linden’s camp and use Linden’s airstrip at times agreed by
Linden.  The Agreement will continue for 20 months unless terminated earlier.  Legacy paid Linden $2.75
million as a prepayment.  This prepayment is reduced by $150,000 each month during the term as
consideration for the rights to access and use Linden’s camp and airstrip.

- 72 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 20: OTHER FINANCIAL LIABILITIES (CONTINUED) 
June 2024 
June 2023 
Non-Current Liabilities 
$ 
$ 
Contingent consideration payable to vendors of Lord Byron Mining Pty Ltd 
438,263 
- 
438,263 
- 
Recognition and measurement 
As part of Brightstar Resources Limited's (Brightstar) acquisition of Linden Gold Alliance Limited (Linden), Brightstar 
assumed contingent liabilities payable to the vendors of Lord Byron Mining Pty Ltd (LBM) which become payable upon 
certain milestones being met (LBM Deferred Consideration). 
In accordance with the LBM SSSA Variation Agreement, Brightstar granted the LBM sellers (in their respective proportions) 
the rights to deferred shares in consideration for the forfeiture of their respective LGA performance rights (LBM Deferred 
Consideration Shares). The deferred shares comprise of three tranches with each tranche valued at $5 million.   
The issues of the LBM Deferred Consideration Shares are subject to shareholder approval and if such approval is not 
obtained, the LBM Sellers may elect to receive a cash payment in lieu of the issue of the LBM Deferred Consideration 
Shares in respect of that tranche or defer the issue of the LBM Deferred Consideration Shares.  
The relevant milestones of each tranche of the LBM Deferred Consideration are set out below: 
(i)
Tranche A: A JORC 2012-compliant Mineral Resource Estimate for the Jasper Hills Project exceeding a total of
400,000oz gold at a grade of no less than 1.4g/t gold, utilising a cut-off grade of 0.5g/t gold.
(ii)
Tranche B: An Ore Reserve Estimate for the Jasper Hills Project exceeding a total of 120,000oz gold at a grade
of no less than 1.4g/t gold, utilising a cut-off grade of 0.5g/t gold as determined with the then JORC 2012-compliant
Mineral Resource Estimate.
(iii)
Tranche C: The first commercial production derived from the Jasper Hills Project.
As part of management's purchase price allocation analysis pursuant to AASB 3, Brightstar determined the present value 
of Tranche C to be $438,263 and nil value attributable to Tranches A and B. 

- 73 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 21: ISSUED CAPITAL 
June 2024
June 2024
June 2023
June 2023
No.
$
No.
$
Fully paid ordinary shares 
4,569,984,646 
108,861,315 
1,574,015,210 
68,981,082 
Date 
Number 
$ 
Movement in ordinary share capital 
At 1 July 2022 
646,860,869 
43,254,388 
Equity settlement of loan 
18 October 2022 
19,090,909 
630,000 
Equity settlement of Option Fee 
18 October 2022 
10,545,818 
300,000 
Placement 
4 November 2022 
44,000,000 
660,000 
Equity settlement of deferred remuneration 
30 November 2022 
11,131,227 
189,231 
Share-based employee bonus 
30 November 2022 
1,000,000 
17,000 
Placement 
11 January 2023 – 31 March 2023 
100,000,000 
1,600,000 
Acquisition of Kingwest Resources Ltd 
26 May 2023 
741,386,387 
22,456,635 
Less capital raising costs 
(126,172) 
At 30 June 2023 
1,574,015,210 
68,981,082 
Consultant Shares 
4 August 2023 
 5,454,545 
 60,000 
Placement 
4 August 2023 
 304,545,459 
 3,350,000 
Placement - Director Shares 
12 October 2023 
13,636,364 
150,000 
Drilling Service Consideration Shares 
12 October 2023 
 18,181,818 
 200,000 
Placement 
1 December 2023 
454,545,456 
5,000,000 
Placement 
4 April 2024 
857,142,857 
12,000,000 
Acquisition of Linden Gold Alliance Ltd (Note 
16) 
3 June 2024 
1,327,462,937 
19,911,944 
Advisor shares 
3 June 2024 
15,000,000 
225,000 
Less capital raising costs 
-
(1,016,711)
At 30 June 2024 
4,569,984,646 
108,861,315 

- 74 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 21: ISSUED CAPITAL (CONTINUED) 
Ordinary shares 
Ordinary shares entitle the holder to participate in the dividends and the proceeds on winding up in proportion 
to the number of and amounts paid on the shares held. 
At shareholders meetings, each ordinary share is entitled to one vote when a poll is called, otherwise each 
shareholder has one vote on a show of hands. 
Share buy-back 
There is no current on-market share buy-back. 
Material accounting policy 
Ordinary share capital 
Ordinary shares are classified as equity.  Incremental costs directly attributable to the issue of new shares or options are 
shown in equity as a deduction, net of tax, from the proceeds. Incremental costs directly attributable to the issue of new 
shares or options for the acquisition of a business are not included in the cost of the acquisition as part of the purchase 
consideration. 
NOTE 22:  RESERVES 
June 2024 
June 2023 
$ 
$ 
Share-based payment reserve 
4,630,016 
2,458,253 
Equity reserve 
4,910,710 
4,910,710 
9,540,726 
7,368,963 
Movement in share-based payment reserve 
June 2024 
June 2023 
$ 
$ 
Balance at 1 July 2023 
2,458,253 
1,355,132 
Share based payments 
2,171,763 
1,103,121 
Balance at 30 June 2024 
4,630,016 
2,458,253 
Nature and Purpose of Reserves 
Share-based payments reserve 
This reserve is used to record the value of equity benefits provided to employees and unrelated parties for services or 
acquisition. 
Equity reserve 
This reserve was created to record the difference between the fair value of the buy-back consideration and the historical 
issue value of the buy-back shares upon completion of a company restructuring completed in November 2020. 

- 75 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS 
Shares 
(1) On 4 August 2023, 5,454,545 fully paid ordinary shares were issued at a price of $0.011 per share, as part
consideration for the provision of investor relation services provided to the Company.
(2) On 4 August 2023, 18,181,818 fully paid ordinary shares were issued at a price of $0.011 per share, as consideration
in lieu of cash fees of outstanding liabilities for drilling services provided to the Company.
(3) On 3 June 2024:
1,327,462,937 fully paid ordinary shares were issued to shareholders of Linden Gold Alliance Ltd (“Linden”) as part
consideration for acquisition of Linden (“Consideration Shares”). The market price as of 31 May 2024 being $0.015
per share was selected for valuation purposes.
15,000,000 fully paid ordinary shares were issued as part consideration for services related to the acquisition of Linden.
The market price as of 31 May 2024 being $0.015 per share was selected for valuation purposes.
Share Option 
2024 
Grant date 
Expiry date 
Exercise 
price 
Balance at 
1 July 2023 
Granted 
during the 
year 
Exercised 
during the 
year 
Lapsed 
during the 
year 
Balance at 
30 June 
2024 
Exercisable 
at 30 June 
2024 
31-Dec-20
31-Dec-23
$0.060 
4,000,000 
-  
-  
(4,000,000)  
- 
- 
31-Dec-20
31-Dec-23
$0.080 
4,000,000 
-  
-  
(4,000,000)  
- 
- 
31-Dec-20
31-Dec-23
$0.100 
4,000,000 
-  
-  
(4,000,000)  
- 
- 
12-Feb-21
12-Feb-24
$0.100 
1,000,000 
-  
-      (1,000,000) 
- 
- 
22-Jun-21
22-Jun-24
$0.045 
5,000,000 
-  
-      (5,000,000) 
- 
- 
1-Dec-21
1-Dec-24
$0.050 
2,200,000 
-  
-  
-  
2,200,000 
2,200,000 
1-Dec-21
31-Dec-24
$0.050 
20,000,000 
-  
-  
-  
20,000,000 
20,000,000 
30-Nov-22
30-Nov-26
$0.000 
10,000,000 
-  
-  
-  
10,000,000 
10,000,000 
26-May-23
15-Sep-23
$0.068 
2,960,526 
-  
-  
(2,960,526) 
- 
- 
26-May-23
30-Dec-23
$0.057 
59,243,413 
-  
-  (59,243,413) 
- 
- 
26-May-23
29-Feb-24
$0.038 
50,991,656 
-  
-  (50,991,656) 
- 
- 
26-May-23
15-Sep-24
$0.065 
16,447,368 
-  
-  
-  
16,447,368 
16,447,368 
26-May-23
21-Oct-24 
$0.076 
21,052,631 
-  
-  
-  
21,052,631 
21,052,631 
26-May-23
7-Oct-24 
$0.106 
7,815,789 
-  
-  
-  
7,815,789 
7,815,789 
26-May-23
15-Feb-25
$0.108 
4,473,685 
-  
-  
-  
4,473,685 
4,473,685 
26-May-23
28-Apr-25
$0.095 
3,289,474 
-  
-  
-  
3,289,474 
3,289,474 
26-May-23
16-Jan-26
$0.023 
3,289,474 
-  
-  
-  
3,289,474 
3,289,474 
26-May-23
16-Jan-26
$0.038 
3,947,368 
-  
-  
-  
3,947,368 
3,947,368 
4-Sep-23
4-Aug-25
$0.020 
-
40,000,000
- 
- 
40,000,000 
40,000,000 
4-Sep-23
7-Jul-26
$0.020 
-
30,000,000
-
(15,000,000) 
15,000,000 
15,000,000 
4-Sep-23
7-Jul-26
$0.030 
-
30,000,000
-
(15,000,000) 
15,000,000 
15,000,000 
31-May-24
30-Jun-26
$0.000 
-
13,800,000
-
-
 13,800,000  
 13,800,000  
31-May-24
30-Jun-26
$0.023 
-
4,221,944
-
-
 4,221,944  
 4,221,944  
31-May-24
25-Feb-25
$0.036 
-
88,509,757
-
-
 88,509,757  
 88,509,757  
223,711,384 
206,531,701 
- (161,195,595) 
269,047,490  269,047,490

- 76 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
2023 
Grant date 
Expiry date 
Exercise 
price 
Balance at 
1 July 2022 
Granted 
during the 
year 
Exercised 
during the 
year 
Expired 
during the 
year 
Balance at 
30 June 
2023 
Exercisable 
at 30 June 
2023 
9-Apr-20
8-Apr-23
$0.010 
15,000,000 
-  
-  
(15,000,000) 
- 
- 
31-Dec-20
31-Dec-23
$0.060 
    4,000,000  
-  
-  
-  
4,000,000 
4,000,000 
31-Dec-20
31-Dec-23
$0.080 
    4,000,000  
-  
-  
-  
4,000,000 
4,000,000 
31-Dec-20
31-Dec-23
$0.100 
    4,000,000  
-  
-  
-  
4,000,000 
4,000,000 
12-Feb-21
12-Feb-24
$0.100 
    1,000,000  
-  
-  
-  
1,000,000 
1,000,000 
22-Jun-21
22-Jun-24
$0.045 
    5,000,000  
-  
-  
-  
5,000,000 
5,000,000 
1-Dec-21
1-Dec-24
$0.050 
2,200,000 
-  
-  
-  
2,200,000 
2,200,000 
1-Dec-21
31-Dec-24
$0.050 
20,000,000 
-  
-  
-  
20,000,000 
20,000,000 
30-Nov-22
30-Nov-26
$0.000 
-
10,000,000
-  
-  
10,000,000 
10,000,000 
26-May-23
15-Sep-23
$0.068 
-
2,960,526
-  
-  
2,960,526 
2,960,526 
26-May-23
30-Dec-23
$0.057 
-
59,243,413
-  
-  
59,243,413 
59,243,413 
26-May-23
29-Feb-24
$0.038 
-
50,991,656
-  
-  
50,991,656 
50,991,656 
26-May-23
15-Sep-24
$0.065 
-
16,447,368
-  
-  
16,447,368 
16,447,368 
26-May-23
21-Oct-24 
$0.076 
-
21,052,631
-  
-  
21,052,631 
21,052,631 
26-May-23
7-Oct-24 
$0.106 
-
7,815,789
-  
-  
7,815,789 
7,815,789 
26-May-23
15-Feb-25
$0.108 
-
4,473,685
-  
-  
4,473,685 
4,473,685 
26-May-23
28-Apr-25
$0.095 
-
3,289,474
-  
-  
3,289,474 
3,289,474 
26-May-23
16-Jan-26
$0.023 
-
3,289,474
-  
-  
3,289,474 
3,289,474 
26-May-23
16-Jan-26
$0.038 
-
3,947,368
-  
-  
3,947,368 
3,947,368 
 55,200,000  
183,511,384 
-
(15,000,000) 
223,711,384 
223,711,384 

- 77 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Securities issued this financial year 
(1) On 4 September 2023, 40,000,000 Options were issued to a third party as fees for services provided to the Company.
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying
the following inputs:
Consultant Options 
Number of Options 
40,000,000 
Date of grant 
4-Sep-2023
Share price at grant date 
$0.012 
Volatility factor 
118.61% 
Risk free rate 
3.87% 
Life of the Options (years) 
2 
Exercise price 
$0.020 
Valuation per Option 
$0.0060 
Total fair value of Consultant Options 
$238,268 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous two 
years. 
(2) On 4 September 2023, the Company also issued 60,000,000 Options to employees of the Company (2 tranches of
30,000,000), either as an incentive component to their remuneration packages or as fees for services provided to the
Company.
Half of the new issued Options were subsequently forfeited on 31 December 2023, on termination of employment.
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying
the following inputs:
Employee Options 
Tranche 1 
Tranche 2 
Number of Options 
30,000,000 
30,000,000 
Date of grant 
4-Sep-2023
4-Sep-2023
Share price at grant date 
$0.012 
$0.012 
Volatility factor 
118.56% 
118.56% 
Risk free rate 
3.80% 
3.80% 
Life of the Options (years) 
3 
3 
Exercise price 
$0.020 
$0.030 
Valuation per Option 
$0.0074 
$0.0065 
Total fair value of Employee Options 
$221,578 
$195,823 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous three 
years. 

- 78 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
(3) On 3 June 2024, 88,509,757 unlisted options were issued to option holders of Linden Gold Alliance Ltd (Linden)
as part consideration for acquisition of Linden (Consideration Options). $145,593 has been recognised and
recorded as the fair value of the Consideration Options.
The fair value of these options granted was calculated by using the Hoadley Trading & Investment Tools (Hoadley)
ESO2 valuation model by applying the following inputs:
Consideration Options 
Number of Options 
88,509,757 
Valuation date 
31-May-24
Spot price 
$0.015 
Expected future volatility 
100% 
Risk free rate 
4.11% 
Early exercise multiple 
2.5x 
Exercise price 
$0.036 
Valuation per Option 
$0.00164 
Total fair value of Consideration Options 
$145,593 
(4) On 3 June 2024, 18,021,944 unlisted options were issued to two option holders of Linden Gold Alliance Ltd (Linden)
as replacement of their options in Linden which were cancelled when the acquisition of Linden became
unconditional (Replacement Options). $235,263 has been recognised and recorded as the fair value of the
Replacement Options.
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying
the following inputs:
Replacement Options 
Tranche 1 
Tranche 2 
Number of Options 
4,221,944 
13,800,000 
Date of grant 
22-May-24
22-May-24
Share price at grant date 
$0.017 
$0.017 
Volatility factor 
100.00% 
100.00% 
Risk free rate 
4.11% 
4.11% 
Life of the Options (years) 
2.1 
2.1 
Exercise price 
$0.023 
Nil 
Valuation per Option 
$0.0067 
$0.0150 
Total fair value of Replacement Options 
$28,263 
$207,000 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous 
two years. 

- 79 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
(5)
On the 22 May 2024, the Company granted 50,000,000 options to Richard Crookes, Non- Executive Chairman.
These options were subsequently issued on 19 July 2024.
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying
the following inputs:
Director Options 
Tranche 1 
Tranche 2 
Number of Options 
25,000,000 
25,000,000 
Date of grant 
22-May-24
22-May-24
Share price at grant date 
$0.017 
$0.017 
Volatility factor 
100.00% 
100.00% 
Risk free rate 
3.99% 
3.99% 
Life of the Options (years) 
4.2 
3.2 
Exercise price 
$0.040 
$0.030 
Valuation per Option 
$0.0098 
$0.0092 
Total fair value of Director Options 
$245,813 
$229,450 
Performance Rights 
(1) On 3 June 2024, 77,625,000 Performance Rights expiring 3 June 2029 (in 4 tranches) were issued to two employees
of Linden who joined the Company following completion of the acquisition of Linden, as replacement of their lapsed
performance rights in Linden. Shareholders’ approval was obtained at the General Meeting held on 22 May 2024.
Tranche 
Vesting condition 
Percentage 
1 
The Company’s processing plant declares commercial production within 24 months of the 
Takeover Offer becoming (or being declared) unconditional 
25% 
2 
The Second Fortune Gold Project produces 50,000oz in cumulative production on a 
cashflow positive basis within 36 months of the Takeover Offer becoming (or being 
declared) unconditional 
25% 
3 
The Company announcing the first gold production from the Jasper Hills Project within 24 
months of the Takeover Offer becoming (or being declared) unconditional 
25% 
4 
Cumulative production from the Company of 100,000oz within 36 months of the Takeover 
Offer becoming (or being declared) unconditional 
25% 

- 80 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Performance Rights (continued) 
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying the 
following inputs: 
Performance Rights 
Tranche 1 
Tranche 2 
Tranche 3 
Tranche 4 
Number of Rights 
19,406,250 
19,406,250 
19,406,250 
19,406,250 
Date of grant 
31-May-24
31-May-24
31-May-24
31-May-24
Share price at grant date 
$0.015
$0.015
$0.015
$0.015
Volatility factor 
100%
100%
100%
100%
Risk free rate 
4.11%
4.11%
4.11%
4.11%
Life of the Rights (years) 
5 
5 
5 
5 
Exercise price 
Nil 
Nil 
Nil 
Nil 
Valuation per Right 
 $0.015 
$0.015 
$0.015 
$0.015 
Probability of vesting 
factor 
60% 
50% 
60% 
30% 
Valuation per Tranche 
$174,656 
$145,547 
$174,656 
$87,328 
The valuation of the Performance Rights will be expensed in the Consolidated Statement of Profit or Loss and Other 
Comprehensive Income over the vesting period. For the year ended 30 June 2024, a share-based payment expense 
of $19,473 has been recognised. 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous two 
years. 

- 81 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Securities issued in previous financial years 
Options 
(1) On 30 November 2022, 10,000,000 zero exercise price options (ZEPOs) exercisable on or before 30 November 2026
were issued to the Company’s former managing director William Hobba as a performance linked incentive component
in the remuneration package for Mr Hobba.
80% of the ZEPOs will vest upon the holder serving 12 months, from the date of grant, of continual services with the
Company either as a Director, consultant or employee. 20% of the ZEPOs will vest in 24 months upon the same
continual service requirement is fulfilled.
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying
the following inputs:
ZEPOs 
Number of Options 
10,000,000 
Date of grant 
29-Nov-2022
Share price at grant date 
$0.016 
Volatility factor 
153.21% 
Risk free rate 
3.24% 
Life of the Options (years) 
4 
Exercise price 
Nil 
Valuation per Option 
$0.0155 
Total fair value of ZEPOs 
$155,000 
The valuation of the ZEPOs will be expensed in the Condensed Consolidated Statement of Profit or Loss and Other 
Comprehensive Income over the vesting period per vesting conditions (i.e. 80% over 12 months and 20% over 24 
months). For the year ended 30 June 2023, a share-based payment expense of $81,375 has been recognised. 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous three 
years. 
Performance Rights 
(1) On 31 March 2023, 80,000,000 Performance Rights expiring 31 March 2026 (in 6 tranches) were issued to the
Company’s managing director Alex Rovira upon shareholders’ approval obtained at the General Meeting held on
29 March 2023.
20% of the Performance Rights will vest upon the holder remaining in continuous employment with the Company for 
a period of 24 months from the date of grant. 80% of the Performance Rights will vest in 36 months following 
satisfaction of the vesting conditions. Each tranches’ vesting conditions are detailed below: 

- 82 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Performance Rights (continued) 
Tranche 
Vesting condition 
Percentage 
1 
Remaining continuously employed or otherwise engaged by the Company (or any other 
Group member) for a period of 24 months from commencement date  
20% 
2 
Announcement by the Company of the delineation of a Mineral Resource Estimate of at 
least 1.25Moz Au above 1.3g/t Au 
10% 
3 
Announcement by the Company of the commencement of commercial production at the 
Company’s Brightstar Gold processing plant of at least 10,000oz 
20% 
4 
Announcement by the Company of gold production of 100koz or greater of contained gold 
metal 
10% 
5 
The Company achiever either: 
(i)
a market capitalization of greater than $50,000,000 or;
(ii)
A 20-Day VWAP of greater than $0.04
10% 
6 
The Company achiever either: 
(i)
a market capitalization of greater than $75,000,000 or;
(ii)
A 20-Day VWAP of greater than $0.06
10% 
The fair value of these options granted was calculated by using the Black Scholes Option Pricing Model by applying the 
following inputs: 
Performance Rights 
Number of Rights 
Tranche 1 
Tranche 2 
Tranche 3 
Tranche 4 
Tranche 5 
Tranche 6 
Date of grant 
29-Mar-
2023
29-Mar-
2023
29-Mar-
2023
29-Mar-
2023
29-Mar-
2023
29-Mar-
2023
Share price at grant date 
$0.016 
$0.016 
$0.016 
$0.016 
$0.016 
$0.016 
Volatility factor 
136.19% 
136.19% 
136.19% 
136.19% 
136.19% 
136.19% 
Risk free rate 
2.9% 
2.9% 
2.9% 
2.9% 
2.9% 
2.9% 
Life of the Rights (years) 
3 
3 
3 
3 
3 
3 
Exercise price 
Nil 
Nil 
Nil 
Nil 
Nil 
Nil 
Valuation per Right 
$0.016 
$0.016 
$0.016 
$0.016 
$0.016 
$0.016 
Valuation per Tranche 
$320,000 
$160,000 
$320,000 
$160,000 
$160,000 
$160,000 
The valuation of the Performance Rights will be expensed in the Condensed Consolidated Statement of Profit or Loss 
and Other Comprehensive Income over the vesting period per vesting conditions (i.e. 20% over 24 months and 80% 
over 36 months). For the year ended 30 June 2024, a share-based payment expense of $573,335 has been 
recognised. 
Volatility was determined by calculating the historical volatility of the Company’s share price over the previous three 
years. 

- 83 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Expense recognised in relation to Share-Based Payments Reserve 
The expense recognised in relation to the share-based payment transactions was recognised within profit or loss were as 
follows: 
June 2024 
June 2023 
$ 
$ 
Zero Exercise Price Options - granted 30-Nov-22 
67,167 
81,375 
Performance Rights - granted 29-Mar-23 
573,335 
119,999 
Consultant Options - granted 4-Sep-23 
238,268 
- 
Employee Options - granted 4-Sep-23 
417,401 
- 
Consideration Options – granted 31-May-24 
145,593 
- 
Replacement Options – granted 22-May-24 
235,263 
- 
Director Options – granted 22 May 24 
475,263 
- 
Performance Rights – granted 31-May-2024 
19,473 
- 
Total movement in reserves 
2,171,763 
201,374 
Represented by 
Share-based payment expense 
2,026,170 
201,374 
Acquisition of subsidiary(Note 16) 
145,593 
- 
2,171,763 
201,374 
Reconciliation of share-based payment expense to the expense recorded in profit and loss 
June 2024 
June 2023 
$ 
$ 
Share-based payment expense 
2,026,170 
201,374 
Shares issued for consideration of service 
285,000 
17,000 
2,311,170 
218,374 

- 84 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 23:  SHARE-BASED PAYMENTS (CONTINUED) 
Material accounting policy 
Share-based payments 
Equity-settled and cash-settled share-based compensation benefits are provided to Key Management Personnel and 
employees. 
Equity-settled transactions are awards of shares, or options over shares, which are provided to employees in exchange 
for the rendering of services. Cash-settled transactions are awards of cash for the exchange of services, where the 
amount of cash is determined by reference to the share price. 
The cost of equity-settled transactions are measured at fair value on grant date. Fair value is independently determined 
using an appropriate valuation model that takes into account the exercise price, the term of the option, the impact of 
dilution, the share price at grant date and expected price volatility of the underlying share, the expected dividend yield 
and the risk free interest rate for the term of the option, together with non-vesting conditions that do not determine 
whether the consolidated entity receives the services that entitle the employees to receive payment. No account is 
taken of any other vesting conditions. 
The cost of equity-settled transactions are recognised as an expense with a corresponding increase in equity over the 
vesting period. The cumulative charge to profit or loss is calculated based on the grant date fair value of the award, the 
best estimate of the number of awards that are likely to vest and the expired portion of the vesting period. The amount 
recognised in profit or loss for the period is the cumulative amount calculated at each reporting date less amounts 
already recognised in previous periods. 
NOTE 24: FAIR VALUE MEASUREMENTS 
Fair value hierarchy 
This section explains the judgements and estimates made in determining the fair values of the financial instruments that 
are recognised and measured at fair value in the financial statements. To provide an indication about the reliability of the 
inputs used in determining fair value, the group has classified its financial instruments into the three levels prescribed under 
the accounting standards. An explanation of each level follows underneath the table. 
June 2024 
June 2023 
$ 
$ 
Level 3 
Financial assets 
Other financial assets 
3,392,000 
- 
Financial liabilities 
Contingent consideration payable to vendors of Lord Byron Mining Pty Ltd 
438,263 
-

- 85 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 24: FAIR VALUE MEASUREMENTS (CONTINUED) 
There were no transfers between levels for recurring fair value measurements during the year.  The group’s policy is to 
recognise transfers into and out of fair value hierarchy levels as at the end of the reporting period. 
Level 1: The fair value of financial instruments traded in active markets (such as publicly traded derivatives and equity 
securities) is based on quoted market prices at the end of the reporting period. The quoted market price used for financial 
assets held by the group is the current bid price. The quoted market price incorporates the market's assumptions with 
respect to changes in economic climate such as rising interest rates and inflation, as well as changes due to ESG risk. 
These instruments are included in level 1.  
Level 2: The fair value of financial instruments that are not traded in an active market (e.g. over-the counter derivatives) is 
determined using valuation techniques that maximise the use of observable market data and rely as little as possible on 
entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is 
included in level 2.  
Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 
3. This is the case for unlisted equity securities and for instruments where ESG risk gives rise to a significant unobservable
adjustment.
Valuation techniques used to determine fair values  
Specific valuation techniques used to value financial instruments include: 
•
discounted cash flow projections based on reliable estimates of future cash flows
Material accounting policy 
When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the 
fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction 
between market participants at the measurement date; and assumes that the transaction will take place either: in the 
principal market; or in the absence of a principal market, in the most advantageous market. 
Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, 
assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its 
highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are 
available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of 
unobservable inputs. 
Assets and liabilities measured at fair value are classified into three levels, using a fair value hierarchy that reflects the 
significance of the inputs used in making the measurements. Classifications are reviewed at each reporting date and 
transfers between levels are determined based on a reassessment of the lowest level of input that is significant to the 
fair value measurement. 
For recurring and non-recurring fair value measurements, external valuers may be used when internal expertise is either 
not available or when the valuation is deemed to be significant. External valuers are selected based on market 
knowledge and reputation. Where there is a significant change in fair value of an asset or liability from one period to 
another, an analysis is undertaken, which includes a verification of the major inputs applied in the latest valuation and 
a comparison, where applicable, with external sources of data. 

- 86 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 25: FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES 
The Group’s overall risk management programme focuses on the unpredictability of the financial markets and seeks to 
minimise potential adverse effects on the financial performance of the Group. The Group uses different methods to 
measure and manage different types of risks to which it is exposed.  
The carrying values of the Group’s financial instruments are as follows: 
June 2024 
June 2023 
$ 
$ 
Financial assets 
Cash and cash equivalents 
7,961,484 
425,707 
Trade and other receivables 
5,385,700 
134,447 
13,347,184 
560,154 
Financial liabilities 
Trade and other payables 
20,569,463 
1,614,687 
Lease liabilities 
317,617 
45,941 
Borrowings 
2,315,555 
- 
Other liabilities 
3,733,496 
- 
26,936,131 
1,660,628 
Credit risk 
Credit risk is the risk that one party to a financial instrument will cause a financial loss for the counterparty by failing to 
discharge an obligation. 
The maximum exposure to credit risk, excluding the value of any collateral or other security, at the reporting date of 
recognised financial assets is the carrying amount of those assets, net of any allowance for credit losses, as disclosed in 
consolidated statement of financial position and notes to the consolidated financial statements. 
The carrying amount of the Group’s financial assets represents the maximum credit exposure. The credit risk on liquid 
funds is limited because the counterparties are banks with a minimum credit rating of AA assigned by reputable credit 
rating agencies. The Group’s maximum exposure to credit risk at the reporting date was $5,145,268. The Group does not 
have any other material credit risk exposure to any single counterparty or group of counterparties under financial 
instruments entered into by the group. 
Capital risk management 
The Group’s objectives when managing capital are to: 
•
Safeguard their ability to continue as a going concern, so that it can continue to provide returns for shareholders
and benefits for other stakeholders; and
•
Maintain an optimal capital structure to reduce the cost of capital.
In order to maintain or adjust the capital structure, the Group may adjust the number of dividends paid to shareholders, 
return capital to shareholders, issue new shares or sell assets to reduce debt. 
Given the stage of the Company’s development there are no formal targets set for return on capital. The Company is not 
subject to externally imposed capital requirements. The net equity of the Company is equivalent to capital. Net capital is 
obtained through capital raisings on the Australian Securities Exchange (“ASX”). 

- 87 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 25: FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) 
Liquidity risk 
Liquidity risk is the risk that the Group will not be able to meet its financial obligations as they fall due.  The Group’s 
approach to managing liquidity is to ensure, as far as possible, that it will always have sufficient liquidity to meet its liabilities 
when due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to its 
reputation. 
The Group manages liquidity risk by maintaining adequate cash reserves from funds raised in the market and by 
continuously monitoring forecast and actual cash flows.   
The following are the contractual maturities of financial liabilities: 
1 year or less
1-5 years 
> 5 years
Total
30 June 24 
$
$ 
$
$
Trade and other payables 
19,635,954 
933,509 
-
20,569,463
Borrowings 
115,261 
2,718,367 
-
2,833,628
Lease Liabilities 
110,092 
227,223 
- 
337,315 
Other liabilities 
1,449,912 
- 
- 
1,449,912 
30 June 23 
Trade and other payables 
1,614,677 
1,140,000 
-
2,754,677
Lease Liabilities 
74,166 
316,226 
- 
390,392 
Commodity price risk 
The Group is exposed to the commodity price risk, as its gold sales are predominantly subject to prevailing market 
prices.  
At 10% upward movement in the price, the Group’s loss would decrease by $105,432. 

- 88 -
NOTES TO THE FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 26: COMMITMENTS AND CONTINGENCIES 
Exploration commitments 
The Group has an expenditure commitment of $2,043,580 for the 2024-2025 ($1,387,800 for the 2023-2024 year) period 
to sustain current tenements under lease from the Department of Mines, Industry Regulation and Safety (DMIRS). The 
expenditure commitment includes annual tenement rentals of $445,008 (2023: $264,311). 
Capital expenditure commitments 
The Directors are not aware of any other commitments from the Group’s operations as at 30 June 2024. 
Contingencies 
The Company will pay Stone Resources (HK) Limited (SRHKL) a 3% net smelter return (“NSR”) royalty on gold produced 
from most of the tenements listed in the Tenement Schedule in the Company’s 2020 Annual Report.  
In exchange for extinguishing $5,400,000 debt owed to Stone Resources (HK) Limited (SRHKL), the Company granted a 
1.5% NSR royalty over six tenements (i.e. E38/3279, E38/3434, E38/3438, E38/3500, E38/3504 and P38/4508) to SRHKL 
on 18 October 2022. This arrangement was approved by shareholders on 17 October 2022.  
As part consideration for acquisition of exploration licences E38/3438, the Company agreed to pay Mining Equities Pty Ltd 
1% NSR on gold produced from the above the tenement. 
Exploration licence E38/3279 is subject to 1% NSR on gold produced from it which is payable to Mr Peter Gianni. 
As announced on 25 October 2021, the Group acquired two prospective exploration licences within Western Australia, 
E38/3500 and E38/3504, from Milford Resources Pty Ltd. Pursuant to the acquisition agreement, Milford Resources Pty 
Ltd is entitled to a 1% net smelter royalty with respect of the tenements. 
On 17 July 2023 the Company announced a tenement swap arrangement under which a 2% NSR was granted to Ardea 
Resources Limited on lithium extracted and sold from E29/981. 
As part of the acquisition of Linden during the financial year, the Company has assumed certain royalty obligations 
including:  
-
Lord Byron Mining Pty Ltd is obliged to pay Indago Resources Ltd a royalty on all minerals derived from tenements
M39/138, M39/139, M39/185 and M39/262. The royalty is equal to 2% of sale proceeds of each mineral product
sold.
-
Second Fortune Gold Project Pty Ltd (SFGP) is obliged to pay a NSR to Anova Royalties and Investments Pty
Ltd from material mined on tenements M39/794, M39/255, M39/649, M39/650, P39/5599, E39/2081, E39/1977
and E39/1539.  The royalty is not payable unless and until 75,000 cumulative ounces of gold have been mined
and produced by SFGP from the relevant tenements.  The royalty rate is 1.5% of the net smelter return from the
tenements until $1 million of royalty payments have been paid then the rate reduces to 1%.
Additional historical royalties may also exist over certain tenements of the Company. Whether the obligations to pay those 
royalties remains is to be determined. 
There were no other contingencies as at 30 June 2024 other than already disclosed.

Brightstar Resources Limited 
- 89 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 27: RELATED PARTY DISCLOSURE 
Parent entity 
Brightstar Resources Limited is the parent entity. 
Subsidiaries 
Brightstar Resources Limited is the ultimate Australian parent entity and ultimate parent of the Group. 
The consolidated financial statements include the financial statements of Brightstar Resources Limited and the subsidiaries 
listed in the following table. 
Country of 
% Equity Interest 
Name 
Incorporation 
2024 
2023 
Desert Exploration Pty Ltd 
Australia 
100% 
100% 
Kingwest Resources Pty Ltd 
Australia 
100% 
100% 
Menzies Operational and Mining Pty Ltd 
Australia 
100% 
100% 
Goongarrie Operational and Mining Pty Ltd 
Australia 
100% 
100% 
Roman Kings Pty Ltd 
Australia 
100% 
100% 
Golden Gladiator Pty Ltd 
Australia 
100% 
100% 
Pax Romana Resources Pty Ltd 
Australia 
100% 
100% 
Linden Gold Alliance Limited 
Australia 
100% 
100% 
Second Fortune Gold Project Pty Ltd (i) 
Australia 
100% 
- 
Second Fortune Gold Pty Ltd (i)
Australia 
100% 
- 
Lord Byron Mining Pty Ltd (i) 
Australia 
100% 
- 
Devon Gold Project Pty Ltd (i) 
Australia 
100% 
- 
Red October Gold Project Pty Ltd (i) 
Australia 
100% 
- 
i.
During the year, the Company acquired Linden Gold Alliance Ltd (Linden), refer to note 16 for details.
Compensation 
The aggregate compensation made to directors and other members of key management personnel of the consolidated 
entity is set out below 
June 2024 
June 2023 
$ 
$ 
Short-term benefits 
799,252 
512,940 
Share-based payments 
1,270,279 
201,375 
Other long-term benefits 
- 
848,644 
Post employment benefits 
78,737 
36,735 
Total key management personnel compensation 
2,148,268 
1,599,694 

Brightstar Resources Limited 
- 90 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 27: RELATED PARTY DISCLOSURE (CONTINUED) 
Transactions with related parties 
Purchases from and sales to related parties are made on terms equivalent to those that prevail in arm’s length transactions. 
During the financial year the Company acquired Linden Gold Alliance Limited (Linden) via an unanimously recommended 
off-market scrip takeover.  As part of the Linden acquisition Mr Ashley Fraser joined the Company’s Board, effective 31 
May 2024. 
Linden entered into a Share Sale and Subscription Agreement (SSSA) with the sellers of Lord Byron Mining Pty Ltd (LBM) 
effective 31 October 2023.  Pursuant to the SSSA, Linden issued 93.75 million Performance Rights to the LBM Sellers in 
proportion to their respective interests, of these 80 million Performance Rights were issued to Blue Capital Equities Pty Ltd 
as trustee for Blue Capital Trust No. 2 (BCE), BCE is an entity controlled by Mr Fraser.   
In accordance with the LBM SSSA Variation Agreement, Brightstar granted the LBM sellers (in their respective proportions) 
the rights to deferred shares in consideration for the forfeiture of their respective LGA performance rights (LBM Deferred 
Consideration Shares). The deferred shares comprise of three tranches with each tranche valued at $5 million.   
The issues of the LBM Deferred Consideration Shares are subject to shareholder approval and if such approval is not 
obtained, the LBM Sellers may elect to receive a cash payment in lieu of the issue of the LBM Deferred Consideration 
Shares in respect of that tranche or defer the issue of the LBM Deferred Consideration Shares.  
As part of the Linden acquisition the Company assumed Linden’s obligations in respect of a loan payable to BCE, an entity 
controlled by Mr Fraser.  The value of the loan at the Company’s acquisition was $866,382, during June 2024 the amount 
of $866,382 (principal $750,000 and interest of $116,382) was repaid by the Company.  
Blue Cap Mining Pty Ltd (BCM) is an entity controlled by Mr Fraser, BCM provide services to Linden including earthworks, 
equipment hire, personnel, production, drilling and haulage.  Since 1 June 2024, expenses incurred by the Company and 
payable to BCM total $224,129.  
Other than as outlined above, the Group did not enter into any further related party transactions with the Director, key 
management personnel or their related entities. 

Brightstar Resources Limited 
- 91 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 28:  PARENT ENTITY DISCLOSURES 
Set out below is the summarised financial information of Brightstar Resources Limited, the parent entity of the Group. The 
Group’s accounting policies are applied consistently across all entities within the Group, unless otherwise stated. 
June 2024 
June 2023 
$ 
$ 
Assets 
Current assets 
10,366,406 
204,916 
Non-current assets 
74,377,869 
39,357,214 
Total assets 
84,744,275 
39,562,130 
Liabilities 
Current liabilities 
7,885,253 
1,391,339 
Non-current liabilities 
7,775,256 
4,051,714 
Total liabilities 
15,660,509 
5,443,053 
Equity 
Issued capital 
108,861,314 
68,981,082 
Accumulated losses 
(49,429,884) 
(42,230,968) 
Reserves 
9,652,336 
7,368,963 
Total equity 
69,083,766 
34,119,077 
Total profit and other comprehensive (loss) / income for the year (after tax) 
(6,304,395) 
2,772,860 
Commitments and Contingencies of the parent entity  
Commitments and contingencies of the parent entity are the same as those of the group (refer note 26). 

Brightstar Resources Limited 
- 92 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 29: EVENTS AFTER THE BALANCE DATE 
On 10 July 2024 the Company completed the acquisition of Linden Gold Alliance Limited and subsequently issued the 
remaining consideration due to Linden shareholders and option holders whose Linden Shares and Linden Options were 
compulsorily acquired to Linden, with the consideration being held on trust for those former Linden shareholders and 
Linden option holders.  Approximately 2.92 million options and 152.24 million shares were issued as the final consideration 
for the Linden purchase including ~2.92 million options to Linden option holders, ~42.02 million shares to Linden 
shareholders and ~110.22 million shares to St Barbara Limited to settle debt obligations of Linden.   
On 10 July 2024 the Company announced its decision to upgrade the Menzies and Laverton Pre-Feasibility Study to a 
Definitive Feasibility Study following positive drilling results. 
On 1 August 2024 the Company announced it had entered into a Scheme Implementation Deed (SID) with Alto Metals Ltd 
(Alto) under which Alto agrees to propose a Scheme of Arrangement (Scheme) between Alto and its shareholders.  Under 
the terms of the Scheme, Brightstar will acquire 100% of the shares in Alto and each Alto shareholder will receive four new 
Brightstar shares for each Alto share held on the record date of the Scheme.   The Scheme Consideration has an implied 
equity value of 6 cents per Alto share and a fully diluted equity value for Alto of $44.4 million.   
In addition to the Scheme, the Company entered into a Tenement Sale Agreement (Agreement) via its newly incorporated 
wholly owned subsidiary Montague Gold Project Pty Ltd (MGP) with Gateway Mining Limited (Gateway) and its wholly 
owned subsidiary Gateway Projects Pty Ltd (GPWA).  Under the Agreement MGP proposes to acquire Gateway and 
GPWA’s interest held in certain mining tenure in respect of Gateway’s Montague East Gold Project, with MGP obtaining 
100% of the gold mineral rights and Gateway retaining all other mineral rights (Montague Acquistion).  The Montague 
Acquisition was subject to the satisfaction of conditions precedent, these conditions were satisfied on 24 September 2024. 
The total consideration payable by the Company in respect of the Montague Acquisition is $14 million comprising: 
-
an upfront cash payment of $5 million;
-
$7 million in Brightstar shares calculated at the lower of a 15 day Volume Weighted Average Price (VWAP) prior
to the announcement of the acquisition (1 August 2024) and the issue price of shares under the Share Placement
announced on 1 August 2024 (Gateway Consideration Shares); and
-
$2 million payable in Brightstar shares (subject to Brightstar’s shareholder approval and payable in cash if
shareholder approval is not received), upon commencement of commercial mining operations in respect of the
gold mineral rights, or the delineation of a JORC Mineral Resource on the tenements exceeding 1.0 Moz.
On 1 August 2024 the Company announced an equity raise via a two-tranche placement to raise $24 million (before costs) 
at an issue price of 1.5 cents per share (Placement).   Tranche 1 Placement shares were issued on 8 August 2024 with 
gross proceeds of $17.5 million (before costs) received and approximately 1.17 billion shares issued to shareholders.  
Tranche 2 of the Placement was subject to shareholder approval, this was granted at the Extraordinary General Meeting 
(EGM) on 17 September 2024.  Subsequently 433.33 million shares were issued for gross proceeds of $6.5 million (before 
costs) at an issue price of 1.5 cents per share.  
At the EGM on 17 September 2024, shareholders approved the issue of approximately 466.67 million of Gateway 
Consideration Shares, the issue of 177.17 million shares to Genesis Minerals Limited as consideration for an amount owing 
to Genesis ($2.66 Million) and approximately 66.67 million shares to Top Drill Pty Ltd for drilling services. 

Brightstar Resources Limited 
- 93 -
NOTES TO THE FINANCIAL STATEMEMENTS 
FOR THE YEAR ENDED 30 June 2024 
NOTE 30: AUDITORS’ REMUNERATION 
During the financial year the following fees were paid or payable for services provided by Pitcher Partners BA&A Pty Ltd 
and Moore Australia, the auditors of the company, and its subsidiaries. 
June 2024 
June 2023 
$ 
$ 
Audit services - Pitcher Partners BA&A Pty Ltd 
77,024 
44,770 
Audit or review of the financial statements 
10,000 
- 
Engagement related to business combination 
Other Services - Pitcher Partners BA&A Pty Ltd or related entities 
Taxation compliance services 
37,820 
10,540 
Engagement related to business combination 
11,000 
- 
Audit and other services to the subsidiary - Moore Australia 
Audit or review of the financial statements 
93,002 
- 
Taxation compliance 
39,000 
- 
267,846 
55,310 

Brightstar Resources Limited 
- 94 -
CONSOLIDATED ENTITY DISCLOSURE STATEMENT 
The following table provides a list of all entities in the Group’s financial statements, prepared in accordance with the 
requirements of Section 295(3) of the Corporations Act.  The ownership interest is only disclosed for those entities which 
are a body corporate, representing the direct and indirect percentage share capital owned by the Company.  
Company name 
Type of entity 
% of share 
capital as at 
30 June 2024 
Country of 
incorporation 
Country of 
tax 
residency 
Brightstar Resources Limited (Holding 
company) 
Body corporate 
- 
Australia 
Australia 
Desert Exploration Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Kingwest Resources Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Roman Kings Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Golden Gladiator Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Pax Romana Resources Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Menzies Operational and Mining Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Goongarrie Operational and Mining Pty 
Ltd 
Body corporate 
100% 
Australia 
Australia 
Linden Gold Alliance Limited 
Body corporate 
100% 
Australia 
Australia 
Second Fortune Gold Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Second Fortune Gold Project Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Lord Byron Mining Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Devon Gold Project Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
Red October Gold Project Pty Ltd 
Body corporate 
100% 
Australia 
Australia 
At the end of the financial year, no entity within the Group was a trustee of a trust within the Group, a partner in a 
partnership within the Group, or a participant in a joint venture within the Group. 

Brightstar Resources Limited 
- 95 -
DIRECTORS’ DECLARATION 
1.
In the opinion of the directors of Brightstar Resources Limited (the ‘Company’):
a.
the accompanying financial statements, notes and the additional disclosures of the Group are in
accordance with the Corporations Act 2001 including:
i.
giving a true and fair view of the Group’s financial position as at 30 June 2024 and of its performance for
the year then ended; and
ii.
complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and
the Corporations Regulations 2001; and
b.
there are reasonable grounds to believe that the Group will be able to pay its debts as and when they
become due and payable.
c.
the financial statements and notes thereto are in accordance with International Financial Reporting Standards
issued by the International Accounting Standards Board.
d. the consolidated entity disclosure statement required by 295(3A) of the Corporations Act 2001, included on page
94, is true and correct.
2.
This declaration has been made after receiving the declarations required to be made to the directors in accordance
with Section 295A of the Corporations Act 2001 for the financial year ended 30 June 2024.
This declaration is signed in accordance with a resolution of the Board of Directors pursuant to S.295 (5) of the Corporations 
Act 2001. 
Richard Crookes 
Chairman 
Dated this 27th day of September, 2024 

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF 
BRIGHTSTAR RESOURCES LIMITED 
Report on the Audit of the Financial Report 
Opinion  
We have audited the financial report of Brightstar Resources Limited (“the Company”) and its 
controlled entities (“the Group”), which comprises the consolidated statement of financial position as 
at 30 June 2024, the consolidated statement of profit or loss and other comprehensive income, the 
consolidated statement of changes in equity and the consolidated statement of cash flows for the year 
then ended, and notes to the financial statements including material accounting policy information, the 
consolidated entity disclosure statement and the directors’ declaration.  
In our opinion, the accompanying financial report of the Group is in accordance with the Corporations 
Act 2001, including: 
(a)
giving a true and fair view of the Group’s financial position as at 30 June 2024 and of its
financial performance for the year then ended; and
(b)
complying with Australian Accounting Standards and the Corporations Regulations 2001.
Basis for Opinion 
We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under 
those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial 
Report section of our report. We are independent of the Group in accordance with the auditor 
independence requirements of the Corporations Act 2001 and the ethical requirements of the 
Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional 
Accountants (including Independence Standards) (“the Code”) that are relevant to our audit of the 
financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with 
the Code.  
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis 
for our opinion.  
Material Uncertainty Related to Going Concern 
We draw attention to Note 2 in the financial report for the year ended 30 June 2024 which indicates 
that the Group recorded a net loss of $6,391,755 (2023: net profit of $1,944,366), reported net cash 
generated from operating activities $130,318 (2023: outflows of $832,042) and as at that date had 
cash and cash equivalents of $7,961,484 (2023: $425,707). Additionally, the Group reported a 
negative net working capital of $13,085,799 (2023: $1,131,942). These conditions, along with other 
matters as set forth in Note 2, indicate the existence of a material uncertainty that may cast significant 
doubt about the Group’s ability to continue as a going concern. Our opinion is not modified in respect 
of this matter. 
Key Audit Matters 
Key audit matters are those matters that, in our professional judgement, were of most significance in 
our audit of the financial report of the current period. These matters were addressed in the context of 
our audit of the financial report as a whole, and in forming our opinion thereon, and we do not provide 
a separate opinion on these matters.  
Adelaide  |  Brisbane  |  Melbourne  |  Newcastle  |  Perth  |  Sydney
Pitcher Partners is an association of independent firms.
Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members 
of which are separate and independent legal entities.
pitcher.com.au .
Pitcher Partners BA&A Pty Ltd
An independent Western Australian Company ABN 76 601 361 095. 
Level 11, 12-14 The Esplanade, Perth WA 6000
Registered Audit Company Number 467435.
Liability limited by a scheme under Professional Standards Legislation.
- 96 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF 
BRIGHTSTAR RESOURCES LIMITED 
Key Audit Matter 
How our audit addressed the key audit 
matter 
Acquisition of Linden Gold Alliance Limited and 
its controlled entities  
Refer to Note 16 to the financial report. 
On 31 May 2024, Brightstar Resources Limited (“the 
Company”) acquired a relevant interest in 96.75% 
Linden Gold Alliance Limited (“Linden”) shares and 
96.81% Linden options. This triggered a compulsory 
acquisition, with the remaining interest subsequently 
acquired on 10 July 2024. 
Under the terms of the acquisition, 1,327,462,937 
shares and 88,509,757 options in the Company were 
issued as purchase consideration.  
Given the consideration transferred for the assets 
acquired was settled via issuance of shares and 
options, the Group was required to apply AASB 2 
Share-based Payments for recognition of the equity-
settled share-based payments.  
The fair value of the consideration transferred by the 
Group was $22,341,121 to acquire 100% of the 
share capital of Linden Gold Alliance Limited. 
The transaction constitutes a business combination 
under AASB 3 Business Combinations and 
Brightstar Resources Limited was determined to be 
the acquirer for accounting purposes. 
The details of the business combination accounting 
are disclosed in Note 16 of the financial statements. 
In undertaking the provisional business combination 
accounting, the Group is required to measure the fair 
value of the purchase consideration and measure 
the fair value of identifiable assets, liabilities and 
contingent 
liabilities acquired at the acquisition date and assess 
the existence of any goodwill. 
The acquisition of the Linden Gold Alliance Limited is 
key audit matter because it was a significant 
transaction for the year given the financial and 
operational impacts on the Group. In addition, the 
Group made significant and complex judgements 
when accounting for the acquisition. 
Our audit procedures included, amongst others: 
Obtaining an understanding of the design and 
implementation of the relevant controls 
associated with the accounting for the 
Acquisition. 
Evaluating the Group’s accounting policy by 
considering the requirements of Australian 
Accounting Standards, transaction agreements, 
our understanding obtained of the business 
acquired and minutes of the Board of Directors’ 
meetings.  
Assessing the complex judgements used in the 
Group’s calculation for the consideration 
transferred via the issue of shares and options 
to ensure it is consistent with the requirements 
of AASB 2 Share-Based Payments. 
Assessing the fair values of the acquired assets 
and liabilities recognised, including: 
•
Assessing the scope of the Group’s
external experts involved in estimating the
fair value of the acquired assets and
liabilities.
•
Reading the external valuation reports and
assessing and challenging the significant
assumptions made in valuing the acquired
assets and liabilities.
•
Evaluating the qualifications, competence
and objectivity of the Group’s experts used
to determine Linden’s fair value
provisionally allocated to the acquired
property, plant, and equipment, and mining
rights.
Reviewing the procedures performed by the 
auditor of the acquired entity regarding the 
assets acquired and the liabilities assumed at 
the acquisition date. 
Assessing the adequacy of the note disclosures 
in Note 16 in light of the requirements of 
Australian Accounting Standards. 
- 97 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF 
BRIGHTSTAR RESOURCES LIMITED 
Key Audit Matter 
How our audit addressed the key audit 
matter 
Deferred exploration and evaluation expenditure 
Refer to Note 3 and 14 to the financial report. 
As at 30 June 2024, the Group held capitalised 
exploration and evaluation expenditure of 
$53,654,532.  
The carrying value of deferred exploration and 
evaluation expenditure is assessed for impairment 
by the Group when facts and circumstances indicate 
that the capitalised exploration and evaluation 
expenditure may exceed its recoverable amount. 
The determination as to whether there are any 
indicators to require the deferred exploration and 
evaluation expenditure to be assessed for 
impairment involves a number of judgements 
including but not limited to: 
•
Whether the Group has tenure of the relevant
area of interest;
•
Whether the Group has sufficient funds to meet
the relevant area of interest minimum
expenditure requirements; and
•
Whether there is sufficient information for a
decision to be made that the relevant area of
interest is not commercially viable.
During the year, the Group determined that there 
had been no indicators of impairment other than 
those disclosed within note 14 to the financial report. 
Given the size of the balance and the judgemental 
nature of the impairment indicator assessments 
associated with exploration and evaluation assets, 
we consider this is a key audit matter. 
Our procedures included, amongst others: 
Obtaining an understating of and evaluating the 
design and implementation of the relevant 
processes and controls associated with the 
capitalisation of exploration and evaluation 
expenditure, and those associated with the 
assessment of impairment indicators. 
Examining the Group’s right to explore in the 
relevant area of interest, which included 
obtaining and assessing supporting 
documentation.  We also considered the status 
of the exploration licences as it related to 
tenure. 
Considering the Group’s intention to carry out 
significant exploration and evaluation activity in 
the relevant area of interest, including an 
assessment of the Group’s cash-flow forecast 
models, discussions with senior management 
and directors as to the intentions and strategy 
of the Group. 
Testing a sample of transactions by sighting 
evidence of signed contracts, related invoices 
and agreeing the treatment of the amount 
recognised with the requirements or AASB 6. 
Reviewing management’s evaluation and 
judgement as to whether the exploration 
activities within each relevant area of interest 
have reached a stage where the commercial 
viability of extracting the resource could be 
determined. 
Assessing the Group’s accounting policy as set 
out within Note 3 and 14 for compliance with the 
requirements of AASB 6 Exploration for and 
Evaluation of Mineral Resources. 
Assessing the adequacy of the disclosures 
included within the financial report. 
- 98 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF 
BRIGHTSTAR RESOURCES LIMITED 
Key Audit Matter 
How our audit addressed the key audit 
matter 
Share-based payments  
Refer to Note 3, 22 and 23 to the financial report. 
During the year ended 30 June 2024, share-based 
payments represent $2,311,170 of the Group’s 
expenditure. Share-based payments must be 
recorded at fair value of the service provided, or in 
the absence of such, at the fair value of the 
underlying equity instrument granted.  
Under Australian Accounting Standards, equity 
settled awards are measured at fair value on the 
measurement date taking into consideration the 
probability of the vesting conditions (if any) attached. 
This amount is recognised as an expense either 
immediately if there are no vesting conditions, or 
over the vesting period if there are vesting 
conditions. 
In calculating the fair value of the underlying equity 
instrument there are key judgements that 
management must make, including but not limited to: 
•
Estimating the likelihood that the equity
instrument will vest;
•
Estimating expected future share price volatility;
•
Estimating expected dividend yield; and
•
Risk-free rate of interest.
Due to the significance to the Group’s financial 
report and the level of judgment involved in 
determining the fair value of the underlying equity 
instrument granted, we consider the Group’s 
calculation of the share-based payments expense to 
be a key audit matter. 
Our procedures included, amongst others: 
Obtaining an understanding of and evaluating 
the design and implementation of the processes 
and controls associated with the preparation of 
the valuation model used to assess the fair 
value of the underlying equity instrument 
granted.  
Assessing the key judgements used in the 
Group’s calculations of the fair value of the 
underlying equity instruments, including but not 
limited to: 
•
Estimating the likelihood that the equity
instruments will vest;
•
Estimating expected future share price
volatility;
•
Estimating expected dividend yield; and
•
Risk-free rate of interest.
Assessing the Group’s accounting policy as set 
out within Note 3, 22 and 23 for consistency with 
the requirements of AASB 2 Share-based 
Payments. 
Assessing the adequacy of the disclosures 
included within the financial report. 
- 99 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF  
BRIGHTSTAR RESOURCES LIMITED 
Key Audit Matter 
How our audit addressed the key audit matter 
Rehabilitation provision  
Refer to Note 3 and 19 to the financial report. 
The Group is liable to rehabilitate the environment 
disturbed by the historical operations.  
Rehabilitation activities are governed by a 
combination of legislative and licence 
requirements. 
At 30 June 2024, the consolidated statement of 
financial position included a provision for such 
obligations of $10,596,059. 
This was a key audit matter given the 
determination of this provision requires evaluating 
the key assumptions used by management and 
judgement in the assessment of the nature and 
extent of future works to be performed, the future 
cost of performing the works, the timing of when 
the rehabilitation will take place and the economic 
assumptions such as the discount and inflation 
rates applied to future cash outflows associated 
with rehabilitation activities to bring them to their 
present value.  
Our procedures included, amongst others: 
Obtaining an understanding and evaluating 
the design and implementation of the 
relevant controls associated with the 
estimation of costs and other inputs utilised 
within the rehabilitation estimate model. 
Obtaining the Group’s assessment of its 
obligations to rehabilitate disturbed areas and 
the estimated future cost of that work, which 
forms the basis for the rehabilitation provision 
calculations. 
Evaluating and testing key assumptions of 
the Group’s assessment of its obligations to 
rehabilitate disturbed areas. through the 
performance of the following procedures: 
•
considering the appropriateness of the
qualifications and experience of the
management consultant appointed as the
preparer and an expert in their field. In
doing so, reviewing and challenging the
judgements made by the preparer as an
expert in their field in respect of the
assumptions and estimates used to
determine the future costs to rehabilitate
disturbed areas.
•
examining supporting information for
significant changes in disturbance area
and future costs estimate from the prior
year.
•
considering the appropriateness of the
discount rate and inflation rates applied
to future cash outflows used in
calculating the provision.
Assessing the adequacy of the disclosures 
included in the financial report. 
- 100 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF  
BRIGHTSTAR RESOURCES LIMITED 
Other Information 
The directors are responsible for the other information. The other information comprises the 
information included in the Group’s annual report for the year ended 30 June 2024, but does not 
include the financial report and our auditor’s report thereon.  
Our opinion on the financial report does not cover the other information and accordingly we do not 
express any form of assurance conclusion thereon.  
In connection with our audit of the financial report, our responsibility is to read the other information 
and, in doing so, consider whether the other information is materially inconsistent with the financial 
report or our knowledge obtained in the audit or otherwise appears to be materially misstated.  
If, based on the work we have performed, we conclude that there is a material misstatement of this 
other information, we are required to report that fact. We have nothing to report in this regard.  
Responsibilities of the Directors for the Financial Report  
The directors of the Company are responsible for the preparation of: 
a)
the financial report (other than the consolidated entity disclosure statement) that gives a true
and fair view in accordance with Australian Accounting Standards and the Corporations Act
2001; and
b)
the consolidated entity disclosure statement that is true and correct in accordance with the
Corporations Act 2001; and
for such internal control as the directors determine is necessary to enable the preparation of: 
(i)
the financial report (other than the consolidated entity disclosure statement) that gives a true
and fair view and is free from material misstatement, whether due to fraud or error; and
(ii) the consolidated entity disclosure statement that is true and correct and is free of
misstatement, whether due to fraud or error.
In preparing the financial report, the directors are responsible for assessing the ability of the Group to 
continue as a going concern, disclosing, as applicable, matters related to going concern and using the 
going concern basis of accounting unless the directors either intend to liquidate the Group or to cease 
operations, or have no realistic alternative but to do so.  
Auditor’s Responsibilities for the Audit of the Financial Report 
Our objectives are to obtain reasonable assurance about whether the financial report as a whole is 
free from material misstatement, whether due to fraud or error and to issue an auditor’s report that 
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that 
an audit conducted in accordance with the Australian Auditing Standards will always detect a material 
misstatement when it exists. Misstatements can arise from fraud or error and are considered material 
if, individually or in the aggregate, they could reasonably be expected to influence the economic 
decisions of users taken on the basis of this financial report.  
As part of an audit in accordance with the Australian Auditing Standards, we exercise professional 
judgement and maintain professional scepticism throughout the audit. We also:  
•
Identify and assess the risks of material misstatement of the financial report, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of internal control.
- 101 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF  
BRIGHTSTAR RESOURCES LIMITED 
•
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Group’s internal control.
•
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the directors.
•
Conclude on the appropriateness of the directors’ use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the Group’s ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditor’s report to the related disclosures in the financial report or, if such disclosures are
inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up
to the date of our auditor’s report. However, future events or conditions may cause the Group to
cease to continue as a going concern.
•
Evaluate the overall presentation, structure and content of the financial report, including the
disclosures, and whether the financial report represents the underlying transactions and events
in a manner that achieves fair presentation.
•
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or
business activities within the Group to express an opinion on the financial report. We are
responsible for the direction, supervision and performance of the Group audit. We remain solely
responsible for our audit opinion.
We communicate with the directors regarding, among other matters, the planned scope and timing of 
the audit and significant audit findings, including any significant deficiencies in internal control that we 
identify during our audit.  
We also provide the directors with a statement that we have complied with relevant ethical 
requirements regarding independence, and to communicate with them all relationships and other 
matters that may reasonably be thought to bear on our independence, and where applicable, actions 
taken to eliminate threats or safeguards applied. 
From the matters communicated with the directors, we determine those matters that were of most 
significance in the audit of the financial report of the current period and are therefore the key audit 
matters. We describe these matters in our auditor’s report unless law or regulation precludes public 
disclosure about the matter or when, in extremely rare circumstances, we determine that a matter 
should not be communicated in our report because the adverse consequences of doing so would 
reasonably be expected to outweigh the public interest benefits of such communication.  
- 102 -

BRIGHTSTAR RESOURCES LIMITED 
ABN 44 100 727 491 
INDEPENDENT AUDITOR’S REPORT 
TO THE MEMBERS OF  
BRIGHTSTAR RESOURCES LIMITED 
Report on the Remuneration Report 
Opinion on the Remuneration Report  
We have audited the Remuneration Report included in pages 34 to 43 of the directors’ report for the 
year ended 30 June 2024. In our opinion, the Remuneration Report of Brightstar Resources Limited, 
for the year ended 30 June 2024, complies with section 300A of the Corporations Act 2001.  
Responsibilities 
The directors of the Company are responsible for the preparation and presentation of the 
Remuneration Report in accordance with section 300A of the Corporations Act 2001. Our 
responsibility is to express an opinion on the Remuneration Report, based on our audit conducted in 
accordance with Australian Auditing Standards.  
PITCHER PARTNERS BA&A PTY LTD 
PAUL MULLIGAN 
Executive Director 
Perth, 27 September 2024
- 103 -

Brightstar Resources Limited 
- 104 -
CORPORATE GOVERNANCE STATEMENT 
The Company’s charters, policies and procedures are regularly reviewed and updated to comply with law and best practice. 
These charters and policies as well as the Company’s Corporate Governance Statement can be viewed on the Company’s 
website located at www.brightstarresources.com.au.  The Company is committed to applying the ASX Corporate 
Governance Council’s Corporate Governance Principles (4th Edition) (ASX Principles and Recommendations) and the 
Corporate Governance Statement discloses the extent to which the entity has followed the recommendations set by the 
ASX Corporate Governance Council during the financial year ended 30 June 2024. 

Brightstar Resources Limited 
- 105 -
ASX ADDITIONAL INFORMATION 
Additional information required by the Australian Stock Exchange Limited and not disclosed elsewhere in this report is 
set out below. This information is effective as at 23 September 2024. 
Distribution of Shares 
Range 
Number of Holders 
Securities Held 
1 – 1,000 
167 
24,708 
1,001 – 5,000 
213 
650,545 
5,001 – 10,000 
272 
2,192,640 
10,001 – 100,000 
2,060 
97,506,166 
100,001 over 
2,121 
6,565,684,329 
   Rounding Total 
4,833 
6,666,058,388 
The number of shareholdings held in less than marketable parcels is 1,300 shareholders amounting to 15,671,122 shares. 
Top 20 Largest Shareholders 
Shareholder 
Shares Held 
% of Issued Capital 
ST BARBARA LIMITED 
638,947,071 
9.59 
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 
592,322,255 
8.89 
LION SELECTION GROUP LIMITED 
529,523,810 
7.94 
MR JACK ZEEV YETIV 
493,722,944 
7.41 
LINDEN RESOURCES PTY LTD 
234,302,300 
3.51 
SANDHURST TRUSTEES LTD  
219,870,996 
3.30 
GENESIS MINERALS LIMITED 
177,168,135 
2.66 
CITICORP NOMINEES PTY LIMITED 
176,426,810 
2.65 
BELL POTTER NOMINEES LTD  
139,658,542 
2.10 
BLUE CAPITAL EQUITIES PTY LTD  
133,495,680 
2.00 
BNP PARIBAS NOMINEES PTY LTD  
116,967,979 
1.75 
MAKO MINING PTY LTD 
108,981,253 
1.63 
MS SANDRA WHEELER 
75,265,010 
1.13 
MR KENNETH JOSEPH HALL  
69,000,000 
1.04 
RME CAPITAL PTY LTD 
66,666,667 
1.00 
TOPDRILL HOLDINGS PTY LTD 
66,666,667 
1.00 
MR STEPHEN DARREN SWEENEY 
50,822,152 
0.76 
MR RICHARD ARTHUR LOCKWOOD 
50,000,000 
0.75 
MINE TRADES & MAINTENANCE ELECTRICAL PTY LTD 
45,863,636 
0.69 
AIGLE ROYAL SUPERANNUATION PTY LTD  
44,071,429 
0.66 
Total Top 20 Holders 
4,029,743,336 
60.45 
Total Remaining Holders 
2,636,315,052 
39.55 
Total Ordinary Shares on Issue 
6,666,058,388 
100.00 

Brightstar Resources Limited 
- 106 -
ASX ADDITIONAL INFORMATION (Continued) 
Substantial Shareholders 
Shareholder 
Ordinary Shares 
%Held of Total  
Ordinary Shares 
St Barbara Limited 
638,947,071 
9.59% 
Mr Jack Yetiv 
600,722,944 
9.01% 
Lion Selection Group Limited 
529,523,810 
7.94% 
Collins St and associated entities 
380,206,378 
5.70% 
Voting Rights: 
One vote for each ordinary share held in accordance with the Company’s Memorandum and Articles of 
Association. Unlisted Options and Share Performance Rights do not carry any voting rights. 
On-Market Buy-Back: 
There is no current on-market buy-back. 
Restricted Securities: 
The Company currently has the following restricted securities: 
•
462,061,526 fully paid ordinary shares classified by ASX as restricted securities and to be held in
escrow until 3 June 2025 unless released prior to with written consent by the Company.
•
110,218,875 fully paid ordinary shares classified by ASX as restricted securities and to be held in
escrow until 10 July 2025 unless released prior to with written consent by the Company.
•
133,495,680 fully paid ordinary shares classified by ASX as restricted securities and to be held in
escrow until 3 June 2025.
•
234,302,300 fully paid ordinary shares classified by ASX as restricted securities and to be held in
escrow until 31 March 2026.

Brightstar Resources Limited 
- 107 -
ASX ADDITIONAL INFORMATION (Continued) 
Unquoted Securities 
The Company had the following unquoted securities on issue as at 23 September 2024: 
Type of Securities 
Date of Expiry 
Exercise Price ($) 
Number of 
Securities 
Number of Holders 
Options 
4 August 2025 
0.02 
40,000,000 
4 
Options 
7 July 2026 
0.03 
15,000,000 
1 
Options 
7 July 2026 
0.02 
15,000,000 
1 
Options 
30 November 2026 
Nil 
10,000,000 
1 
Options 
1 December 2024 
0.05 
2,200,000 
2 
Options 
31 December 2024 
0.05 
20,000,000 
2 
Options 
21 October 2024 
0.076 
21,052,631 
3 
Options 
15 February 2025 
0.108 
4,473,685 
5 
Options 
28 April 2025 
0.095 
3,289,474 
1 
Options 
16 January 2026 
0.023 
3,289,474 
1 
Options 
16 January 2026 
0.038 
3,947,368 
1 
Options 
7 October 2024 
0.106 
7,815,789 
10 
Options 
30 June 2026 
Nil 
13,800,000 
2 
Options 
30 June 2026 
0.023 
4,221,944 
2 
Options 
25 February 2025 
0.036 
91,425,008 
95 
Options 
19 July 2027 
0.03 
25,000,000 
1 
Options 
19 July 2028 
0.04 
25,000,000 
1 
Options 
7 July 2026 
0.025 
25,000,000 
2 
Options 
7 July 2026 
0.035 
25,000,000 
2 
Options 
1 July 2027 
0.025 
20,000,000 
1 
Options 
1 July 2027 
0.035 
20,000,000 
1 
Performance 
Rights 
31 March 2026 
Nil 
137,625,000 
3 

Brightstar Resources Limited 
- 108 -
ASX ADDITIONAL INFORMATION (Continued) 
Tenement Schedule at 27 September 2024 
Project 
Tenement ID 
Status 
Register Holder/Applicant 
Ownership 
Menzies 
E29/966 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
E29/981 
Granted 
Kalgoorlie Nickel Pty Ltd (1) 
100% 
Menzies 
E29/984 
Granted 
Menzies Operational & Mining Pty Ltd (3) 
100% 
Menzies 
E29/996 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
E29/1062 
Granted 
Goongarrie Operational & Mining Pty Ltd (4) 
100% 
Laverton 
E38/2411 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/2452 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/2894 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3198 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3279 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3331 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3434 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3438 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3500 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3504 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E38/3673 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
E39/1539 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
E39/1977 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
E39/2081 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
E39/2385 
Pending 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
E39/2386 
Pending 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
E39/2387 
Pending 
Lord Byron Mining Pty Ltd 
100% 
Menzies 
L29/42 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
L29/43 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
L29/44 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Laverton 
L38/100 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/120 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L38/123 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L39/124 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L38/154 
Granted 
Brightstar Resources Limited 
100% 

Brightstar Resources Limited 
- 109 -
ASX ADDITIONAL INFORMATION (Continued) 
Tenement Schedule at 27 September 2024 (Continued) 
Project 
Tenement ID 
Status 
Register Holder/Applicant 
Ownership 
Laverton 
L38/163 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L38/164 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L38/168 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/169 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/171 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/185 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/188 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/205 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
L38/384 
Pending 
Brightstar Resources Limited 
100% 
Laverton 
L39/12 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
L39/13 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
L39/14 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
L39/124 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L39/214 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
L39/230 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Menzies 
M29/14 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/88 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/153 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/154 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/184 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/212 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
M29/410 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Laverton 
M38/1056 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/1057 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/1058 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/241 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/314 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/346 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/381 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/549 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/917 
Granted 
Brightstar Resources Limited 
100% 

Brightstar Resources Limited 
- 110 - 
ASX ADDITIONAL INFORMATION (Continued) 
Tenement Schedule at 27 September 2024 (Continued) 
Project 
Tenement ID 
Status 
Register Holder/Applicant 
Ownership 
Laverton 
M38/918 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/968 
Granted 
Desert Exploration Pty Ltd 
100% 
Laverton 
M38/984 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M39/185 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
M39/262 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
M39/255 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
M39/649 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
M39/650 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Laverton 
M39/794 
Granted 
Second Fortune Gold Project Pty Ltd 
100% 
Menzies 
P29/2346 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2380 
Granted 
Goongarrie Operational & Mining Pty Ltd (5) 
100% 
Menzies 
P29/2381 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2412 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2413 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2450 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2467(6) 
Granted 
Goongarrie Operational & Mining Pty Ltd (5) 
100% 
Menzies 
P29/2468(6) 
Granted 
Goongarrie Operational & Mining Pty Ltd (5) 
100% 
Menzies 
P29/2511 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2512 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2513 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2514 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2515 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2531(6) 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2533(6) 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2538 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2539 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2578(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2579(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2580(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2581 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2582(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 

Brightstar Resources Limited 
- 111 - 
ASX ADDITIONAL INFORMATION (Continued) 
Tenement Schedule at 27 September 2024 (Continued) 
Project 
Tenement ID 
Status 
Register Holder/Applicant 
Ownership 
Menzies 
P29/2583 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2584(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2585(6) 
Granted 
Menzies Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2588 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2649 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2650 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2651 
Granted 
Kalgoorlie Nickel Pty Ltd (3) 
100% 
Menzies 
P29/2675 
Pending 
Goongarrie Operational & Mining Pty Ltd 
100% 
Menzies 
P29/2676 
Pending 
Goongarrie Operational & Mining Pty Ltd 
100% 
Laverton 
P38/4377 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4385 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4431 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4432 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4433 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4444 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4446 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4447 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4448 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4449 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4450 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4508 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4545 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
P38/4546 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
G38/39 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/9 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/94 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M38/95 
Granted 
Brightstar Resources Limited 
100% 
Laverton 
M39/138 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Laverton 
M39/139 
Granted 
Lord Byron Mining Pty Ltd 
100% 
Menzies 
P29/2656 
Granted 
Goongarrie Operational & Mining Pty Ltd 
100% 
Laverton 
P38/4558 
Granted 
Brightstar Resources Limited 
100% 

Brightstar Resources Limited 
- 112 - 
ASX ADDITIONAL INFORMATION (Continued) 
Tenement Schedule at 27 September 2024 (Continued) 
Notes: 
1 
Brightstar holds gold and lithium rights in relation to this tenement.  
2 
Brightstar holds all rights in relation to these tenements. 
3 
Kalgoorlie Nickel Pty Ltd holds all rights in relation to these tenements. 
4 
Kalgoorlie Nickel Pty Ltd holds tenement infrastructure rights in relation to this tenement. 
5 
Kalgoorlie Nickel Pty Ltd holds all rights in relation to these tenements other than gold rights, 
which are held by Goongarrie Operational and Mining Pty Ltd.  
6 
Application for extension of term has been submitted with approval pending.