FRS Price sensitive 16 Mar 2026, 9:18 AM

Forrestania Transitions to Gold Producer

Forrestania Resources Ltd

Forrestania Transitions to Gold Producer

Key points

  • FRS has commenced mining and haulage of ore from its 100%-owned gold deposits to Westgold's Higginsville Processing Hub
  • The haulage of first ore marks FRS's transition from gold explorer to producer
  • FRS continues with the refurbishment of the Lake Johnston processing infrastructure to progress towards stand-alone gold production

Full summary

Forrestania Resources Limited (ASX: FRS) is pleased to advise that it has delivered first ore to Westgold Resources Ltd's (ASX|TSX: WGX) Higginsville processing hub in accordance with the Ore Purchase Agreement with Karora (Higginsville) Pty Ltd, a wholly owned subsidiary of Westgold. This marks FRS's transition from gold explorer to producer. Concurrently, Forrestania is advancing work to convert the Company's wholly owned Lake Johnston processing facility to become a stand-alone gold production plant in WA's Goldfields. Forrestania Resources' Chairman David Geraghty commented that the teams at Forrestania and Higginsville have worked diligently to make this transition possible in an impressive timeframe. The company has been busy putting together a world-class gold tenement footprint and is now focused on substantially growing its production profile over time.

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