Drilling Returns High-Grade Gold Intercepts

Open PDF
Stock Forrestania Resources Ltd (FRS.ASX)
Release Time 27 Apr 2026, 9:24 a.m.
Price Sensitive Yes
 Drilling Returns High-Grade Gold Intercepts
Key Points
  • High-grade gold results returned across British Hill, Mt Palmer and Johnson Range projects
  • Significant high-grade intersections include 9m @ 2.60 g/t gold, 6m @ 7.60 g/t gold, and 7m @ 11.63 g/t gold
  • Drill programs have improved understanding of geology and support next phase of drilling
Full Summary

Forrestania Resources Ltd (ASX: FRS) has announced an exploration update, reporting high-grade gold results from recent drill programs at its British Hill, Mt Palmer and Johnson Range projects in Western Australia. Highlights include: British Hill - 10 holes for 2,906m, with significant intersections of 9m @ 2.60 g/t gold, 4m @ 2.24 g/t gold, and 2m @ 5.82 g/t gold. Mt Palmer - 36 holes for 2,392m, with high-grade results such as 6m @ 7.60 g/t gold and 18m @ 1.90 g/t gold from surface. Johnson Range - 48 holes for 4,344m, including 7m @ 11.63 g/t gold, 7m @ 6.79 g/t gold, and 4m @ 4.63 g/t gold. The drilling has provided the company with a stronger understanding of the geology and supports the next phase of exploration to increase the size and potential of the mineral resources at each project. All three projects are located on granted mining leases, with two in close proximity to the Lake Johnston processing facility, positioning Forrestania well as it advances toward development.

Outlook

The company stated that the encouraging results are improving its understanding of the geology and metallurgy across each project and support the next phase of drilling, as it moves to increase the size and potential of the British Hill, Johnson Range and Mt Palmer Mineral Resource Estimates.