Genesis Backs Brightstar’s Expanded Sandstone Push With $30 Million Investment
Closing price · 2026-10-27: $6.43 · +0.78%
Genesis Minerals has committed $30 million to Brightstar Resources’ $82 million placement, which is intended to accelerate exploration and development at Sandstone after the Two Mile Hill-Shillington resource doubled to 1.45 million ounces in recent months. Brightstar says Goldfields Project construction remains on schedule and on budget for first gold in the June quarter of 2027; the placement is directed to Sandstone.