KITONGO GOLD PROJECT SUMMARY

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• 290,000oz gold resource with excellent potential for depth and strike extensions
• High grade prospects defined by RC and RAB drilling
• Exciting regional exploration opportunities
• 128km² of contiguous tenements

The Kitongo Project is located in the Lake Victoria Goldfields region of Tanzania, 90km south of the mining service centre of Mwanza. Access is via bitumen and unsealed roads. Several multi-million ounce gold projects occur in the region, including African Barrick Gold's Bulyanhulu, Buzwagi and Nyanzaga projects; Anglogold Ashanti's Geita project, and Resolute's Golden Pride project.

The Kitongo Project licence area was initially granted in 1992, with initial work being carried out by East Africa Mines, a subsidiary of Spinifex Gold. This led to the discovery of the substantial gold resource of 290,000 ounces at Kitongo Main Zone. The resource is defined by 239 RC and core drill holes for approximately 21,000m. Excellent potential remains to define extensions to the existing resource and this will be the focus of initial drilling programs by BrightStar.

The primary near-term exploration opportunity is the oxide resource extension at the Main Zone deposit in the NE and NW mineralised trends. There are also potential high grade sulphide extensions at Main Zone below 100m depth. Early stage exploration targets at the Project include Kitongo Hill (9m at 12.95 g/t Au from 74 metres, and 10m at 2.14 g/t Au from 48 metres) and Isgehenge (25m @12.96 g/t from 131 metres and 3m @ 19.60 g/t from 141 metres).

Processing test work conducted on drill core in 2001 by Ammtec Perth suggests CIL (75 micron grind) recoveries of 92-94% Au recovery in oxidised ores and sulphide flotation recoveries of approximately 91% Au. Preliminary metallurgical testwork on the oxidized ore also indicated potential for it to be amenable to low cost heap leaching.

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