Foresstainia project WA assets

Forrestania Resources set to launch RC drilling campaign at namesake project in WA

Forrestania Resources (ASX:FRS) reports that it is set to begin reverse circulation (RC) drilling at the Bounty East and Gemcutter prospects, as part of its flagship namesake project in WA’s Goldfields region. 

The company announces that the aim of the initial 1,500m program is to test high priority lithium targets at the Bounty East prospect and Gem Mine (Gemcutter prospect), which show favourable pathfinder geochemistry. 

Pegmatites within the prospect areas have been logged in historical drillholes and/or mapped at surface at the Forrestania Project.  

Foresstainia project tenements

Speaking on the drilling campaign, Forrestania Chief Executive Officer, Angus Thomson, said: “Today’s announcement that drilling is planned to commence at the Forrestania Project early in December quarter is an exciting development for the company and the geology team. The initial program is planned to drill test high priority lithium targets at Bounty East and Gemcutter. 

“The initial program is planned to drill test high priority lithium targets at Bounty east and gemcutter

Bounty East is located ~6km to the east of the world class Earl Grey lithium deposit and the target has favourable pathfinder geochemistry and pegmatite intercepts from historical drilling. The target area is below the weathered profile, which remains to be fully tested. The newly identified Gem Mine target is located ~1km south of the Giant Pegmatite, where previous drilling intersected 34m @ 3.1% Li2O. Approximately 1,500m of RC drilling has been planned for the Bounty East and Gem Mine targets. 

This is the initial phase of lithium focused drilling planned for the Forrestania project and it represents a major milestone as we move towards drill testing high-priority lithium targets for the first time.” 

The company also notes that the drilling at Bounty East and Gem Mine represent the first phase of planned drilling for the Forrestania Project, however, will continue to be reviewed and updated as results are received and targets become available for drilling. 

Approval work streams continue to be progressed for lithium and gold targets, with heritage and environmental surveys being undertaken as required. 

Forrestania Resources is based in Western Australia and is targeting economic mineral deposits within the Forrestania, Southern Cross and Leonora regions with a main focus on gold, lithium, and nickel.

The Forrestania Project is located in the well-endowed southern Forrestania Greenstone Belt about 400km east of the state capital city of Perth and covers a tenements footprint spanning about 100km. The project represents the only project in the company’s arsenal that currently has a JORC gold Mineral Resource Estimate (MRE) and is also prospective for lithium and nickel mineralisation.   

Forrestania Resources is engaging with drilling contractors to confirm rig availability and timing for the upcoming RC drilling campaign, with heritage and environmental surveys currently ongoing to identify potential additional targets. 

Images: Forrestania Resources Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.