Latest Forrestania Resources (ASX:FRS) News

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to resource discovery. This move sharpens Kula’s focus on advancing its Mt Palmer Gold Project.

Forrestania Resources has completed its acquisition of the British Hill Gold Project near Southern Cross, Western Australia, and appointed MBS Environmental to lead mine development planning.

Forrestania Resources is set to begin a two-phase drilling program at its Hyden Project following regulatory approval and the settlement of legal disputes over tenements.

Forrestania Resources has signed a binding agreement to acquire the Burracoppin Gold Project from Askari Metals, adding a significant JORC resource near a major WA gold mine. The deal includes cash, shares, and options, linking Forrestania to promising African exploration assets.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.

Forrestania Resources has announced its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a significant step toward becoming a high-margin gold producer.

Forrestania Resources has announced a maiden JORC-compliant inferred mineral resource of 12,419 ounces of gold at its Ada Ann deposit near Kalgoorlie, marking a key step towards production.

Forrestania Resources has signed a binding agreement to acquire North Iron Cap Pty Ltd, securing a JORC-compliant gold resource of approximately 106,000 ounces at the North Ironcap project. This acquisition strengthens Forrestania’s foothold in Western Australia’s prolific gold belt.

Forrestania Resources has secured gold rights over key tenements adjacent to its Ada Ann project, enhancing its exploration potential in Western Australia’s Bonnie Vale region.

Forrestania Resources has signed a binding option agreement to acquire 100% of Hyden Project Holdings, adding nearly 300,000 ounces of gold resources in Western Australia to its portfolio. The move aligns with its strategy to expand in the Forrestania gold region, with a major drilling program planned.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.