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Verkhuba Copper Deposit - Transaction Discussions

1 Dec 2025 08:33

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 2nd 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

 

Follow us on social media:

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

X: https://x.com/EastStar_PLC   

 

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

 

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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UPDUPGUWPUPAURG
Date   Source Headline
25th Apr 202512:25 pmRNSNotice of AGM
24th Apr 20257:00 amRNSIP Survey of VMS Copper Targets
22nd Apr 20257:00 amRNSFinal Results
16th Apr 202510:00 amRNS-RNotice of Investor Presentation
15th Apr 20257:00 amRNS-RUpdated Investor Presentation
12th Mar 20257:00 amRNSGrant of Options
17th Feb 20257:08 amRNSVMS Copper Drilling Results
4th Feb 20257:00 amRNSExploration Update
2nd Dec 20247:00 amRNSCopper Porphyry Exploration Update
19th Nov 20249:19 amRNSHolding(s) in Company
6th Nov 20247:00 amRNSDrilling Commences at Verkhuba Copper Deposit
1st Nov 20247:00 amRNSTotal Voting Rights
29th Oct 20247:00 amRNSCommencement of IP Programme in the East Region
21st Oct 20249:13 amRNSHolding(s) in Company
18th Oct 202410:08 amRNSHolding(s) in Company
16th Oct 20244:26 pmRNSHolding(s) in Company
16th Oct 202410:46 amRNSHolding(s) in Company
16th Oct 20248:30 amRNSAdmission, PDMR Share Dealings & TVR
10th Oct 202412:00 pmRNSPublication of Prospectus
4th Oct 20247:00 amRNSConditional Subscription & Placing
30th Sep 20247:00 amRNSHalf Year Report
12th Aug 20247:00 amRNSCopper Porphyry Exploration Update
31st Jul 202412:40 pmRNSTotal Voting Rights
22nd Jul 20242:45 pmRNSHolding(s) in Company
18th Jul 20247:00 amRNSHolding(s) in Company
15th Jul 202412:58 pmRNSIssue of Performance Shares to CEO
8th Jul 202411:53 amRNSAchievement of Performance Threshold
5th Jul 20242:48 pmRNSExercise of Warrants
4th Jul 20247:00 amRNSVerkhuba - Offers Received
2nd Jul 20247:00 amRNSHolding(s) in Company
26th Jun 20242:00 pmRNSExercise of Warrants
26th Jun 202411:33 amRNSResult of AGM & Retirement of Director
28th May 20242:46 pmRNSNotice of AGM & Directorate Change
25th Apr 20247:00 amRNSNotice of Investor Presentation
23rd Apr 20247:00 amRNSMaiden Mineral Resource Estimate - Verkhuba
18th Apr 20247:00 amRNSFinal Results
4th Apr 20249:50 amRNSNotice of Investor Presentation
3rd Apr 20247:00 amRNSInitiation of Farm-Out Process for Verkhuba
20th Mar 20247:00 amRNSAward of 2nd Copper Porphyry Exploration Licence
11th Mar 20247:00 amRNSVerkhuba Copper Deposit Update
29th Feb 20247:00 amRNSCopper Exploration Joint Venture
29th Feb 20247:00 amRNSSediment-Hosted Copper Exploration JV
28th Feb 20247:00 amRNSAward of Copper Porphyry Exploration Licence
22nd Jan 20242:47 pmRNSGrant from BHP & Appointment of Director
12th Dec 20237:00 amRNSVerkhuba Copper Deposit Drill Results Update
8th Dec 20237:00 amRNSNotice of Investor Presentation
27th Nov 20237:00 amRNSTalovskoye Prospect: Sampling Results
14th Nov 20237:00 amRNSVerkhuba Copper Drill Results Update
30th Oct 20239:36 amRNSHolding(s) in Company
20th Oct 20239:30 amRNSHolding(s) in Company

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