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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
16th Oct 202310:02 amRNSHoldings in Company
5th Oct 20233:33 pmRNSHolding(s) in Company
2nd Oct 20237:26 amRNSPlacing to Raise £540,000 to Advance VMS Licences
20th Sep 20237:00 amRNSDrilling Update: Verkhuba Copper Deposit
10th Jul 20237:00 amRNSVerkhuba Copper Deposit Drilling Contract
29th Jun 202312:25 pmRNSResult of AGM
16th Jun 20237:00 amRNSRare Earth Metallurgical Results
7th Jun 20232:35 pmRNSNotice of AGM
26th Apr 20237:00 amRNSDalny Licence Drilling Results, Kazakhstan
18th Apr 20237:00 amRNSFinal Results
3rd Apr 20237:00 amRNSTalairyk Rare Earths Project Update, Kazakhstan
30th Mar 20232:16 pmRNSChange of Financial Year End
21st Mar 20237:01 amRNSPublication of Investor Presentation
21st Mar 20237:00 amRNSExploration Target: Verkhuba Cu-Zn-Pb Deposit
1st Mar 20237:00 amRNSAdoption of Long-Term Incentive Plan
21st Feb 20237:00 amRNSTalairyk Rare Earths Project Update
13th Feb 20237:00 amRNSApmintas Licence Drilling Results, Kazakhstan
7th Feb 20234:57 pmRNSHolding(s) in Company
1st Feb 20234:40 pmRNSSecond Price Monitoring Extn
1st Feb 20234:35 pmRNSPrice Monitoring Extension
25th Jan 20237:00 amRNSSubstantial Copper-Lead-Zinc Deposit Identified
19th Dec 202210:59 amEQSEast Star Resources' year 'nothing short of exceptional'
28th Nov 202211:06 amRNSSecond Price Monitoring Extn
28th Nov 202211:00 amRNSPrice Monitoring Extension
17th Nov 20227:00 amRNSHeli EM Survey Results, Rudny Altai Licences
16th Nov 20227:00 amRNSTalairyk Rare Earths Project Drilling Update
15th Nov 20224:40 pmRNSSecond Price Monitoring Extn
15th Nov 20224:35 pmRNSPrice Monitoring Extension
15th Nov 20222:06 pmRNSSecond Price Monitoring Extn
15th Nov 20222:00 pmRNSPrice Monitoring Extension
9th Nov 20227:00 amRNSChu-Ili Gold Belt Drilling Update
12th Oct 20227:00 amRNSDrilling to Commence on Rare Earths Project
13th Sep 202211:05 amRNSSecond Price Monitoring Extn
13th Sep 202211:00 amRNSPrice Monitoring Extension
31st Aug 20227:00 amRNSRock Chip Results, Rudny Altai, Kazakhstan
23rd Aug 20227:00 amRNSHalf-year Report
18th Aug 20227:00 amRNSDrilling Update, Kazakhstan
15th Aug 20227:00 amRNSThree New VMS Licences Awarded
8th Aug 20227:00 amRNSNew Rare Earths Licence Awarded
28th Jul 20222:05 pmRNSSecond Price Monitoring Extn
28th Jul 20222:00 pmRNSPrice Monitoring Extension
25th Jul 20227:00 amRNSCommencement of Diamond Drilling, Apmintas Licence
6th Jul 20224:40 pmRNSSecond Price Monitoring Extn
6th Jul 20224:36 pmRNSPrice Monitoring Extension
6th Jul 20227:00 amRNSHeli EM Survey on Rudny Altai Licences Completed
30th Jun 20227:00 amRNSRock Chip Results from Dalny Licence, Kazakhstan
26th May 202212:07 pmRNSResult of AGM
25th May 20227:00 amRNSHeli EM Survey on Rudny Altai Licences
18th May 20227:00 amRNSFarm-In to IAC Heavy Rare Earths Project
16th May 20222:05 pmRNSSecond Price Monitoring Extn

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