Forrestania Advances Agreements & Restart Readiness
Forrestania Resources Ltd
Key points
- Secured key operational and supply chain agreements
- Executed laboratory services agreement with SGS Australia
- Established logistics framework with Campbell Gold Haulage
- Long-term sodium cyanide supply agreement with Orica
- Orders placed for key long-lead equipment and consumables
Full summary
Forrestania Resources Limited (ASX: FRS) has executed a suite of commercial agreements to support the development of its Lake Johnston and Edna May processing hub strategy. These agreements include a framework agreement with SGS Australia for laboratory services, a haulage agreement with Campbell Gold Haulage, and a sodium cyanide supply agreement with Orica. Additionally, Forrestania has placed orders for key long-lead equipment and consumables, including replacement SAG mill and ball mill liners, grinding media, and activated carbon. The company has also entered into an ore purchase agreement with First Au Limited, which establishes a framework for the purchase and processing of up to 2 million tonnes of third-party ore over a 24-month period.