Forrestania Resources’ (ASX:FRS) Bonnie Vale Project has returned rock chip results up to 222 grams per tonne gold.
The company says Bonnie Vale’s growing mineralisation potential is further evidenced by its sampling of spoil piles from four historical, previously unknown, drillholes which returned anomalous values up to 13.9g/t gold.
Chairman John Hannaford says Bonnie Vale is emerging as a project with major potential for a gold discovery.
“With every new geological field trip, we continue to discover new areas of undocumented historic exploration that return super high-grade results,” Hannaford says.
“This expansive tenement has multiple prospect areas, most of which lie on similar structures that host the many nearby Evolution Mining (ASX:EVN) mines and others in the area.
“A number of strong regional exploration targets have already been identified from previous historic drilling and geochemical soil programs at our Bonnie Vale North prospect, including around the old Christmas Gift Mine which produced grades at 40.5g/t gold.”
The company intends to conduct regional exploration drilling across the entire project area, as well as further exploration drilling at the Ada Ann prospect.
Assays from the maiden drilling program at Ada Ann are expected within four to six weeks.
Forrestania Resources is an Australian mineral explorer focused on discovering gold, nickel, and lithium across several regions in Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Forrestania Resources
