Verkhuba Copper Deposit - Transaction Discussions

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: [phone] (via Vigo Consulting)

SI Capital (Corporate Broker)

Nick Emerson

Tel: [phone]

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

Tel: [phone]

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

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.

 

END