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Forrestania Secures Lake Johnston Project, Eyes Swift Gold Production
1:11pm on Wednesday 31st of December, 2025 AEDT
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Mining
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Forrestania Secures Lake Johnston Project, Eyes Swift Gold Production
1:11pm on Wednesday 31st of December, 2025 AEDT
Key Points
Formal sale agreement executed with Poseidon Nickel
Initial $8 million payment completed, $20 million plus $5 million in shares pending
Acquisition includes tenements, processing plant, and infrastructure
Early contractor involvement underway to convert nickel plant to gold processing
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Forrestania Resources (ASX:FRS)
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