British Hill Drilling Confirms Significant Depth Extensions

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Stock Forrestania Resources Ltd (FRS.ASX)
Release Time 13 Mar 2026, 1:29 p.m.
Price Sensitive Yes
 British Hill Drilling Confirms Significant Depth Extensions
Key Points
  • Maiden British Hill drill program completed: 10 holes for 2,655m
  • Drilling aimed at expanding the British Hill Mineral Resource Estimate
  • Significant high-grade intersections confirm mineralisation extends down dip and along strike
Full Summary

Forrestania Resources has completed a maiden 10-hole, 2,655m drilling program at the British Hill project, aimed at expanding the existing Mineral Resource Estimate. The initial batch of assay results has confirmed multiple high-grade gold intersections, demonstrating the project's potential to significantly grow the resource. Significant RC intersections include 9m @ 1.45g/t gold from 184m, 11m @ 1.93g/t gold from 196m, and 4m @ 3.27g/t gold from 210m. The diamond drilling also returned impressive results, such as 5m @ 1.43g/t gold from 295m, 5.77m @ 1.64g/t gold from 309.5m, and 8m @ 1.44g/t gold from 365m. The drilling has confirmed that the mineralisation extends down dip to the east and along strike to the north and south, providing confidence in the project's growth potential. Further assay results are pending, and the company plans to use these results to guide the next phase of drilling as it moves to increase the size and potential of the British Hill Mineral Resource Estimate.

Outlook

Forrestania Resources is focused on advancing the British Hill project, with the aim of significantly expanding the existing Mineral Resource Estimate through ongoing exploration and drilling programs. The project's strategic location near the Lake Johnston processing facility also positions it well for potential future development.