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How Will Forrestania’s $5M Eastern Goldfields Deal Transform Its Growth?
9:24am on Wednesday 11th of March, 2026 AEDT
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Mining
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How Will Forrestania’s $5M Eastern Goldfields Deal Transform Its Growth?
9:24am on Wednesday 11th of March, 2026 AEDT
Key Points
Acquisition of 16 exploration licences from Alchemy’s Goldtribe subsidiary
Deal valued at $5 million paid in Forrestania shares based on VWAP
Includes Karonie Gold Project with 111,100 oz inferred gold resource
Strategic consolidation near existing processing infrastructure
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FORRESTANIA RESOURCES (ASX:FRS)
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