1 Dec 2025 08:33
1 December 2025
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East Star Resources Plc
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("East Star" or the "Company")
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Verkhuba Copper Deposit - Transaction Discussions
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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.
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Contacts:
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East Star Resources Plc
Alex Walker, Chief Executive Officer
Tel: +44 (0)20 7390 0234 (via Vigo Consulting)
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SI Capital (Corporate Broker)
Nick Emerson
Tel: +44 (0)1483 413 500
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Vigo Consulting (Investor Relations)
Ben Simons / Peter Jacob
Tel: +44 (0)20 7390 0234
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About East Star Resources Plc
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East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. The Company is pursuing multiple exploration strategies including:
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Β· 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
Β· A 2nd VMS Exploration Target with up to 23Mt @ 2.4% copper equivalent in the same region
Β· $25 million+ strategic gold exploration joint venture with Endeavour Mining
Β· Tier 1 potential copper porphyry targets in a known copper porphyry belt
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Visit our website:
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www.eaststarplc.com
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Follow us on social media:
LinkedIn:Β https://www.linkedin.com/company/east-star-resources/
X:Β https://x.com/EastStar_PLCΒ Β
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Subscribe to our email alert service to be notified whenever East Star releases news:
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www.eaststarplc.com/newsalerts
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The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.
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This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domesticΒ UKΒ law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UKΒ MAR"). Upon the publication of this announcement, this inside information (as defined inΒ UKΒ MAR) is now considered to be in the public domain.
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