Brightstar Resources Limited to present the final tranche of results from the Cork Tree Well (CTW) RC program completed in late 2021 and located in the Laverton Gold belt of Western Australia. HIGHLIGHTS: Gold assays reported from the RC drilling, include: 12m @ 3.47 g/t Au from 157m and 9m @ 1.46 g/t Au from 178m(BTRRC028); 5m @ 2.67 g/t Au from 226m (BTRRC030); 12m @ 1.69 g/t Au from 133m (BTRRC021); 4m @ 3.19 g/t Au from 107m (BTRRC054); 4m @ 3.35 g/t Au from 127m (BTRRC055); 7m @ 1.71 g/t Au from 95m (BTRRC061). Intersections over the entirety of the project confirm the tenor and locations of lode compared with geological model.

Mineralised extensions along strike and down dip to the current Resource will require further drilling to determine the total size of the mineralisation, representing significant exploration upside at Cork Tree Well. The geology and orebody model within the pit area has been confirmed by the drilling program, which has also continued to delineate mineralisation outside the Resource envelope and boundaries of known mineralisation. Significant results north of the pits seem to sit further east than the main lode at CTW on a basalt-ultramafic contact rather than the sedimentary chert units within the pits.

This may indicate there are parallel lodes, a splay lode, or cross lodes that have not been effectively tested in this area, and represents an area of potentially material upside. Further drilling will be required to effectively test this mineralized structure. Results in the northern end of the CTW project, designated the `Delta' project area, are still returning significant results that could contribute to a shallow open pittable resource.

These intersections are still open along strike and down dip. Drilling density between the pits and Delta needs improving particularly around the airlanding strip. This area has previously been interpreted as having a deep palaeochannel that may obscure the signal of a primary orebody from shallow drilling.

The remaining 20 holes returned in this batch included significant (> 1g/t Au) assays from 16 holes. This means that 70 of the 90 holes drilled (including the failed BTRRC036) have contained significant results. Holes near the northern end of the southern pit, adjacent to the `saddle' between the pits, have had some of the better intersections.

There is also consistent mineralisation intersected in the northern half of the program hole to hole which may be developed into another open pit in the future if further drilling improves the confidence of that mineralisation. The cross section in Figure 2 below demonstrates the opportunity along strike in the northern `Delta' area with BTRRC072 returning 6m @ 5.56 g/t Au from 29m and BTRRC073 returning 4m @ 2.75g/t Au from 82m. Each of these intersections are similar to the previous intercepts on this section with similar metal tenor.

Growth opportunities are also apparent as the section is not closed down-dip.