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Forrestania map out its domain

14 January 2022
ASX: FRS
Jack Baker

The company has reported high-grade gold and lithium rock chips from mapping trips around Forrestania’s namesake project in Western Australia’s wheatbelt.

Gold results of over 28 and 5.5 parts per million were found from the explorer’s trek at the Great Southern and Black prince prospects, with a notable 1.6-kilometre strike length of strong surface gold observed at Black Prince.

High-grade lithium of up to 3.21 per cent lithium oxide was also found in rock chip analysis of its Gemcutter prospect, home to the explorer-famous Gem mine and historically good lithium appraisals. 

Significant rock chip results and high-grade mines have likewise been uncovered by previous explorers at the commodity-diverse company’s gold interests in the region. 

There is great confidence the rock chip evaluations and recent geochemical analysis confirm potential of the gold prospects and environmental surveys are underway to advance the projects for drilling.

FRS’s Australian Stock Exchange-listed price is trading at 38c (7:57 am UTC+8 hours) 

COMPANY OVERVIEW

Forrestania Resources Limited is an exploration company searching for gold, lithium and nickel in the Forrestania, Southern Cross and Leonora regions of Western Australia. The Forrestania Project is prospective for gold, lithium and nickel and is currently the only project, within the tenement portfolio that holds a gold Mineral Resource. The Southern Cross Project is prospective for gold and lithium and the Leonora Project is prospective for gold.

COMPANY INFORMATION

ASX: FRS

Website

https://forrestaniaresources.com.au/
https://www2.asx.com.au/markets/company/frs

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