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Aquirian Wins Strategic Drill-and-Blast Mandate at Brightstar’s Goldfields Hub

Story Highlights
  • Aquirian, via subsidiary Drillforce, secured multi-year drill and blast contracts for Brightstar’s Goldfields Hub and Lord Byron open pit.
  • Patented drilling technology and integrated energetics services aim to cut dilution, lower costs and improve safety at Brightstar’s open pit mines.
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Aquirian Wins Strategic Drill-and-Blast Mandate at Brightstar’s Goldfields Hub

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Aquirian Limited ( (AU:AQN) ) has issued an announcement.

Brightstar Resources has entered into a strategic framework agreement with Aquirian Limited for the exclusive supply of drilling and energetics services to its Goldfields Hub open pit mining operations for an initial term of up to five years. Under this framework, Aquirian’s subsidiary Drillforce WA has also secured a three-year contract to provide all drill and blast services at Brightstar’s Lord Byron open pit mine, which is scheduled to begin operations in the second half of calendar 2026.

Drillforce will deploy new Epiroc T45 rigs fitted with its patented automated Collar Keeper system and leverage what it describes as Western Australia’s largest independent energetic material manufacturing and storage facility at Wubin. The technology is expected to reduce ore dilution, improve fragmentation, enhance dig productivity and lower load-and-haul and processing costs by eliminating PVC piping in blast holes, while also reducing operator exposure outside the drill rig to bolster on-site safety.

Brightstar’s management highlighted that Aquirian’s data-driven, precision blasting capabilities should support better blast performance, disciplined cost control and sustained production margins across the Goldfields Hub. The collaboration is positioned to optimise the economics of existing open pit developments and could deliver further upside if Brightstar proceeds with potential expansions to the Lord Byron pit beyond the parameters outlined in its latest definitive feasibility work.

More about Aquirian Limited

Aquirian Limited is a mining services provider specialising in drill and blast solutions for open pit operations, with a focus on Western Australia’s Goldfields region. Through its wholly owned subsidiary Drillforce WA, the company offers vertically integrated drilling and energetics services supported by proprietary technologies that aim to improve fragmentation, ore preservation and operational safety for mining clients.

Average Trading Volume: 91,398

Technical Sentiment Signal: Buy

Current Market Cap: A$41.33M

For an in-depth examination of AQN stock, go to TipRanks’ Overview page.

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