Verkhuba - Offers Received

East Star Resources Plc (LSE:EST), the Kazakhstan focused copper exploration and resource development company, is pleased to announce that it has received a number of verbal and written offers pursuant to the formal process announced on 3 April 2024 with regards to the Company's 100%-owned Verkhuba copper deposit ("Verkhuba") in the Rudny Altai VMS Belt. While the Board has not formally accepted an offer, the process of vetting counterparties has begun.

While there is no guarantee an offer will be accepted and agreement completed, it is the Company's intention to finalise the process as soon as practicable.

Alex Walker, CEO, commented:

"We're pleased with the level of interest in the Verkhuba asset, with some parties' interest going beyond Verkhuba to working with East Star more broadly. We now look forward to finalising this offer process.

Our field teams have been working since early June, conducting mapping and litho-geochemical sampling over priority targets in the Rudny Altai VMS licences to ensure the best are selected for drill testing this year. We look forward to providing a more detailed update on this work in the near future."

East Star Resources Plc

Alex Walker, Chief Executive Officer

SI Capital (Corporate Broker)

Nick Emerson

Peterhouse Capital Limited (Corporate Broker)

Peter Greensmith

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

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The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.