Forrestania Resources Limited (ASX: FRS) announced the successful completion of its inaugural reverse circulation drill program at the Ada Ann prospect, located within the Bonnie Vale Project near Coolgardie in Western Australia’s rich Eastern Goldfields. This comprehensive drill program, comprising 21 holes over 1,488 meters, was meticulously designed to validate historic high-grade intercepts while exploring the potential for mineralization at greater depths and along strike to the north and south. The samples have been submitted to ALS for assay, with results anticipated within 4 to 6 weeks.
The insights gained from this first drilling program have significantly improved its understanding of the mineralization at Ada Ann. The project exhibits substantial potential to act as a near-surface satellite deposit that could benefit multiple regional operating mills, making it an exciting opportunity for growth and development.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.