middle.news

How Forrestania’s Full Mt Palmer Acquisition Could Accelerate Gold Production

8:28am on Monday 2nd of February, 2026 AEDT Mining
Read Story

How Forrestania’s Full Mt Palmer Acquisition Could Accelerate Gold Production

8:28am on Monday 2nd of February, 2026 AEDT
Key Points
  • Acquisition of 100% shares in Aurumin Mt Palmer, Johnson Range, and Mt Dimer subsidiaries
  • Issuance of approximately 50.9 million shares to Newcam Minerals valued at $24.16 million
  • Consolidation of Forrestania’s strategic footprint in Southern Cross and Mt Dimer gold hubs
  • Milestone payments linked to future resource estimate increases
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Forrestania Resources (ASX:FRS)
OPEN ARTICLE