Forrestania lines up another major ore source before Edna May restart

Gold Duke adds up to 1.1 million tonnes to Forrestania’s pipeline

Forrestania Resources Limited (ASX:FRS) has secured another potential source of mill feed just weeks before it targets first ore processing at Edna May. The company has entered a binding ore purchase agreement with Western Gold Resources (ASX:WGR) covering up to 1.1 million tonnes of gold-bearing ore from WGR’s Gold Duke Project in Western Australia, with processing to take place through Forrestania’s infrastructure over a period of up to 30 months.

“Forrestania Processing Hubs and Potential Third-Party Ore Sources.”

The volume makes the agreement one of Forrestania’s largest third-party ore supply arrangements to date. It also extends a feed strategy that has recently included the Dundas ore agreement, which covered up to 750,000 tonnes over 24 months, and the Mt Fisher ore deal, covering up to 400,000 tonnes.

Pricing and delivery terms leave execution to the campaigns

The agreement does not commit Forrestania to a fixed purchase price or guarantee that the full 1.1 million tonnes will be delivered. Ore will be bought on exclusive commercial terms calculated under an agreed formula that references ore grade, metallurgical recovery and prevailing gold prices.

WGR is responsible for transporting and delivering the ore to Forrestania’s nominated run-of-mine pad, while processing will be organised in campaigns of between 45,000 and 100,000 tonnes. The timing of deliveries and campaigns is to be scheduled and agreed by the parties throughout the term, leaving delivered volumes, plant availability and operating performance as important variables.

Agreement arrives as Edna May commissioning advances

“Edna May Gold Mine: Dry Commissioning Underway.”

Forrestania Executive Chairman David Geraghty said the company was signing roughly one ore purchase agreement a week recently, describing the Gold Duke arrangement as part of its hub-and-spoke strategy. The company says dry commissioning is underway at the Edna May Gold Project, with first ore processing targeted for December 2026, while Lake Johnston is being progressed as a second processing hub.

The commercial attraction is straightforward: third-party ore can potentially keep processing infrastructure supplied without Forrestania carrying every deposit through development itself. But this filing provides no revenue, earnings or production estimate from Gold Duke. The next meaningful test will be whether the agreement turns into regular delivered campaigns with grades and recoveries that support the intended processing economics.