REG - East Star Resources - Verkhuba Copper Deposit - Transaction Discussions

East Star ResourcesAnnouncement

01/12/2025 08:45

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RNS Number : 6539J  East Star Resources PLC  01 December 2025

1 December 2025

 

East Star Resources Plc

 

("East Star" or the "Company")

 

Verkhuba Copper Deposit - Transaction Discussions

 

East Star Resources Plc (LSE:EST), the Kazakhstan-focused gold and base metals
explorer, announces it is in advanced transaction discussions which may or may
not lead to a joint venture agreement in respect of the Verkhuba Copper
Deposit ("Verkhuba") in the East Region of Kazakhstan. The transaction, if
concluded, may result in a partner, with mine and plant construction and
operating experience, developing Verkhuba in return for a majority interest in
the licence. There can be no certainty that any transaction will proceed, or
as to the terms of any such transaction.

 

Contacts:

 

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

 

SI Capital (Corporate Broker)

Nick Emerson

Tel: +44 (0)1483 413 500

 

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

Tel: +44 (0)20 7390 0234

 

About East Star Resources Plc

 

East Star Resources is focused on the discovery and development of copper and
gold in Kazakhstan. The Company is pursuing multiple exploration strategies
including:

 

·    Volcanogenic massive sulphide (VMS) exploration, with a maiden JORC
MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an
infrastructure-rich region, amenable to a low capex development

·    A 2(nd) VMS Exploration Target with up to 23Mt @ 2.4% copper
equivalent in the same region

·    $25 million+ strategic gold exploration joint venture with Endeavour
Mining

·    Tier 1 potential copper porphyry targets in a known copper porphyry
belt

 

Visit our website:

 

www.eaststarplc.com (http://www.eaststarplc.com)

 

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/
(https://www.linkedin.com/company/east-star-resources/)

X: https://x.com/EastStar_PLC (https://x.com/EastStar_PLC)

 

Subscribe to our email alert service to be notified whenever East Star
releases news:

 

www.eaststarplc.com/newsalerts (http://www.eaststarplc.com/newsalerts)

 

The person who arranged for the release of this announcement was Alex Walker,
CEO of the Company.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon
the publication of this announcement, this inside information (as defined
in UK MAR) is now considered to be in the public domain.

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