Burracoppin Mineral Resource Estimate

• JORC Compliant Inferred Mineral Resource of 2.015kt @ 0.91g/t for 58.7koz Au
• MRE equates to an acquisition cost of just $14 per gold ounce
• Further work planned, including resource extension drilling and metallurgical test work

Forrestania Resources Limited (ASX: FRS) has announced a JORC Compliant Inferred Mineral Resource of 2,015,000t @ 0.91g/t for 58,700oz Au for its Burracoppin gold deposit, located 27km west of the Ramelius Resources Edna May Gold Mine in Western Australia. The Burracoppin project is an important part of Forrestania's hub and spoke consolidation effort in the region. The deposit hosts the JORC (2012) Compliant Inferred Mineral Resource using a 0.5g/t lower cutoff. Forrestania plans to conduct additional drilling, including resource extension drilling along strike and down dip, as well as diamond core drilling to facilitate metallurgical test work. The company currently has an approved PoW Registration ID 206041 in place and is confident that increases to the inventory and resource classification will follow. The Burracoppin Mineral Resource was constructed using Geovia Surpac software, with a classical cross-sectional interpretation approach used to create a 3D model of the mineralisation. Grade interpolation was via inverse distance cubed and resources are classified by relative drill coverage.

Further work is planned, including resource extension drilling along strike and down dip, and diamond core drilling to facilitate metallurgical test work. Forrestania is confident that increases to the inventory and resource classification will follow.