Latest FORRESTANIA RESOURCES (ASX:FRS) News

Forrestania Resources has completed diamond drilling at its Lady Lila project and initiated drilling at British Hill, marking key steps in its strategy to build a multi-asset gold portfolio in Western Australia.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Forrestania Resources has secured 100% ownership of the Mt Palmer project and adjacent tenements, consolidating its position in Western Australia's Southern Cross and Mt Dimer gold hubs. The acquisition, settled through a substantial share issuance to Newcam Minerals, paves the way for accelerated development towards gold production.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which will become a significant shareholder and support development at the James Stage 1 Open Pit in Western Australia.

Forrestania Resources has secured a near 20% stake in OzAurum Resources, marking a strategic move to deepen its footprint in Western Australia’s Eastern Goldfields gold development scene.

Forrestania Resources Limited has made significant strides in its expansion strategy during Q2 2025/2026, marked by the acquisition of Kula Gold Ltd, a substantial capital raise, and multiple project acquisitions across Western Australia.

Forrestania Resources has completed an $18 million placement tranche and upscaled its oversubscribed Share Purchase Plan to $5 million, securing $23 million to advance its gold production strategy in Western Australia.

Forrestania Resources has agreed to acquire key gold tenements from Gibraltar, consolidating its Coolgardie Hub footprint with a $2.5 million share deal plus contingent payments tied to resource discoveries.

Forrestania Resources has agreed to acquire Catalina Resources’ Laverton Project, swapping its Breakaway Dam copper asset and gaining a significant equity stake in Catalina. This move strategically broadens Forrestania’s presence in the Eastern Goldfields gold belt.

Forrestania Resources is set to expand its Lake Johnston gold operations through the acquisition of Mantis Resources, adding key exploration licences and reinforcing its foothold in Western Australia's prolific gold belt.

Forrestania Resources has formalised its acquisition of the Lake Johnston Project from Poseidon Nickel, marking a pivotal move towards near-term gold production with key infrastructure and contractor engagements.

Forrestania Resources has acquired key tenements at Mt Dimer from Beacon Minerals, significantly expanding its gold exploration footprint in Western Australia’s Southern Cross Domain. The move aligns with the company’s strategy to consolidate and explore highly prospective gold belts.