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How Classic Minerals’ Drill-for-Equity Deal Could Unlock Forrestania’s Potential
7:17pm on Thursday 31st of July, 2025 AEST
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Mining
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How Classic Minerals’ Drill-for-Equity Deal Could Unlock Forrestania’s Potential
7:17pm on Thursday 31st of July, 2025 AEST
Key Points
Acquisition of 147.68 km² Forrestania tenements from Goldbridge
Program of Works permits applied for drilling; four granted
Drill-for-equity agreement with WA contractor EMDS to reduce cash outflows
Ongoing Supreme Court and Wardens Court legal proceedings over tenement ownership
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