**Summary**
East Star Resources Plc (LSEEST), a Kazakhstan-focused gold and base metals explorer, has entered into a **$25M+ Strategic Joint Venture Agreement** with Endeavour Mining (LSE/TSX: EDV), a leading global gold producer. The agreement establishes a joint venture for gold exploration and development in Kazakhstan, with Endeavour earning up to an **80% interest** in the newly formed JVCO through staged investments totaling **$25 million**. East Star will retain a **20% interest** and act as the initial manager of the joint venture. The deal includes milestone payments to East Star based on resource discoveries and pre-feasibility studies. This partnership is a **transformational milestone** for East Star, validating its exploration strategy and leveraging Endeavour’s expertise in converting discoveries into operational mines. An investor webinar is scheduled for **November 18, 2025**, to discuss the agreement.
**Key Points**
**JV Focus** Gold exploration in Kazakhstan.
**Investment Stages** Endeavour invests $5M (Stage 1), $20M (Stage 2), and funds a Pre-Feasibility Study (Stage 3) to earn up to 80% interest.
**East Star’s Role** Retains 20% interest, manages the JV initially, and receives milestone payments.
**Strategic Significance** Validates East Star’s exploration program and aligns with Endeavour’s track record of successful mine development.
**Investor Webinar** Scheduled for November 18, 2025, via Investor Meet Company.