Forrestania Resources (ASX:FRS) is preparing to begin a maiden drilling program at the Bonnie Vale Gold Project in Western Australia later this year.
After reviewing historic exploration data, the company is planning to target the extent of the mineralisation at depth and along strike at its Ada Ann prospect.
Drilling will also assess the potential for an additional zone of gold mineralisation around an area of historic drill spoils that recorded results of up to 49 grams per tonne (g/t) gold.
Chairman John Hannaford says Bonnie Vale lies along a highly prospective mineralised belt with Evolution Mining’s (ASX:EVN) Mungari and Cutter’s Ridge gold mines to the east and north.
“However, the area is highly underexplored,” Hannaford says.
“Ada Ann is a high order exploration opportunity. Our fieldwork has sampled several mineralised, historic drill spoils with results up to 49g/t gold, in a new area immediately to the east of previous drilling at Ada Ann.
“The focus will be drill testing Ada Ann, as well as this new high-grade, mineralised area. With gold at $3,700 per ounce in an area surrounded by producing gold operations, there couldn’t be a better time or place to be exploring for gold.”
In conjunction with drilling, more geochemical work across the Bonnie Vale Project area is planned to infill and complement existing, anomalous results.
The company aims to further define regional exploration targets, and in the long-term plans to conduct exploration drilling.
At Bonnie Vale, strong, highly anomalous zones of gold geochem from soil samples returned values up to 98 parts per billion gold, which Forrestania says forms as “excellent” aircore drilling targets.
Forrestania Resources is an Australian resources explorer focused on uncovering gold, lithium, and copper in several regions across Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Forrestania Resources
