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How Will Forrestania’s $2.5M Gibraltar Deal Transform Coolgardie Hub?

10:32am on Friday 16th of January, 2026 AEDT Mining
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How Will Forrestania’s $2.5M Gibraltar Deal Transform Coolgardie Hub?

10:32am on Friday 16th of January, 2026 AEDT
Key Points
  • Acquisition of Gibraltar’s granted mining tenements near Coolgardie
  • $2.5 million consideration paid in Forrestania shares based on VWAP
  • Contingent payments linked to JORC-compliant gold resource milestones
  • 1% gross revenue royalty payable after 150,000 ounces mined
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