Forrestania Resources (ASX:FRS) is set to begin a 1,000m to 1,200m reverse circulation drilling program at the Koolyanobbing Iron Project in Western Australia.
A drill rig, secured from Topdrill, is expected to arrive on site in the coming days.
Forrestania, which has a market capitalisation of $6.3 million, says drilling will test hematite targets, as well as several iron targets uncovered at the project.
Chairman John Hannaford says drilling aims to test as many target areas as possible with the aim of discovering extensive hematite mineralisation.
“The company has been working closely with representatives of Netley Minerals to plan and optimise the drillholes and locations,” he says.
Once drill pad clearing has been completed by Netley representatives and contractors, drilling will begin.
The Koolyanobbing Project lies on the Koolyanobbing Greenstone Belt, which forms part of the Southern Cross Greenstone Terrane in the central part of the Archaean Yilgarn Craton.
Forrestania Resources is an explorer focused on discovering lithium, gold, and nickel in the Forrestania, Southern Cross, and Eastern Goldfields regions of Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Forrestania Resources
