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Trio boost Forrestania’s lithium credentials 

2 February 2022
ASX: FRS
Jack Baker

Forrestania Resources have received a lithium potential boost, with three significant appointments boosting its corporate and technical profile while advancing exploration drilling across Western Australia.  

The recently listed company holds lithium, gold, and nickel projects across the state, prioritising its Forrestania project found in a world-class province for the battery metal.  

With lithium at an all-time high and showing zero signs of slowing down in a roaring electric vehicle market, it is little wonder why it holds the explorer’s gaze.  

New chief executive Angus Thomson comes with a lengthy career on the geological and corporate side of the resource industry, having a corporate and operational abilities. 

Incoming exploration manager Melissa McClelland comes with solid experience in both lithium and gold, boasting Kidman Resources massive Mt Holland lithium project on her extensive CV.

Many years of experience as chief financial officer and company secretary of ASX-listed resources and industrial companies led Cecilia Tyndall to these roles at Forrestania, where she succeeds Simon Adams in the secretary role.  

The company said the appointments would significantly expand its corporate and on-ground lithium capabilities.  

“It is a testament to the exceptional exploration opportunities in our portfolio that we have attracted such highly experienced and credentialled members into our team,” chairman John Hannaford said.  

The new additions will join the company in the next few weeks to plot exploration drilling programs for 2022. 

FRS’s Australian Stock Exchange-listed price has risen 2.67pc today, currently trading at 38.5c (12:50 pm 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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