Forrestania Resources kicks off lithium-focused drilling at namesake project in WA

Junior explorer Forrestania Resources (ASX:FRS) has executed a drilling contract for a lithium-focused reverse circulation (RC) program at its flagship Forrestania Project in Western Australia.

The company reports the RC drill rig has arrived on site, with drilling set to begin imminently. This drilling program will see up to 4,000m drilled to test targets at the Calypso, South Iron Cap East, and Giant lithium targets.

Forrestania says the program aims to validate and extend the historical pegmatite intercepts in the area with deeper RC holes along the same drill lines. Additionally, the extent of the pegmatite body will be fully tested along strike of the anomalous soil trend.

The company reports this program will mark its maiden drilling work at Calypso, and it believes the project possesses the right criteria for a ‘potentially significant’ lithium discovery.

At South Iron Cap East, the company plans to follow up on ‘promising’ lithium geochemistry results that were returned from a previous lithium drilling campaign. Results from pegmatite intersections returned anomalous lithium and ‘favourable’ geochemistry ratios, which reinforces the belief that South Iron Cap East is an ‘integral’ part of the larger South Ironcap system which lies within 1km proximity.

The upcoming drilling program will include more ‘optimally’ located drillholes positioned closer to the mapped surface pegmatite at South Iron Cap East, which was not previously possible due to limited approvals.

Meanwhile, drilling at the Giant Pegmatite prospect will enable Forrestania to continue to build its understanding of the complex pegmatite system to enable further target vectoring.

Commenting on the upcoming drilling program, Forrestania Resources Managing Director Michael Anderson says: “We are extremely excited to see what this latest drilling program will uncover across 3 of our highest-priority targets.

We remain confident that the Forrestania Project remains highly prospective for a significant lithium discovery”

The drilling represents a carefully refined and targeted program, a testament to our exploration strategy which is continually being optimised through results analysis, investigation into historic data, and observations in the field. We remain confident that the Forrestania Project remains highly prospective for a significant lithium discovery.”

In November 2022, Forrestania confirmed Calypso had a favourable geological setting, with ‘promising’ soil geochemistry, outcropping pegmatites, and pegmatite intercepts in historic drilling.

Forrestania shares have spiked 20% to $0.078 as of 12:31pm AEST.

Forrestania Resources is an ASX-listed lithium, gold, and nickel explorer with a portfolio of assets across the Forrestania, Southern Cross, and Eastern Goldfields regions of Western Australia. The company is also exploring for lithium in the James Bay region of Quebec.

The Forrestania Project covers a footprint of about 100km within the ‘well-endowed’ Forrestania Greenstone Belt, which features variously metamorphosed mafic, ultramafic, and volcano-sedimentary rocks.

This belt also hosts the 189-million-tonne Mt Holland Mine, the historic 1-million-ounce Bounty gold deposit, and the operating Flying Fox and Spotted Quoll nickel mines.

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Images: Forrestania Resources Ltd
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.