Forrestania (ASX:FRS) grabs high-grade taste of Eastern Goldfields

Forrestania Resources’ recent site visits to its Eastern Goldfields project have returned high-grade grab samples up to 49 grams per tonne gold to go alongside significant historic drilling results compiled from the namesake region of Western Australia.

Results of 49g/t, 15.7g/t, and 13.5g/t gold came from previously unrecorded historic drill spoils at the headlining Ada Ann prospect, with historic strikes compiled from recent data reviews showing up to 7 metres at 5.01g/t Au from 4m.

In spite of high-grade intercepts and mineralisation appearing open at depth and along strike, no drilling at Ada Ann has been recorded for the past 15 years.

A fact soon to change, as Forrestania is confident it has just significantly upgraded the prospect’s exploration potential and provided strong first-pass targets for a maiden campaign it indents to launch as soon as possible.

Forrestania Chairman John Hannaford said the company was very encouraged by the significant results which also confirmed a second prospective zone at Ada Ann.

“The developing gold story at this project can be quickly advanced to a potentially valuable asset for the company given the very favourable location nearby of several active mills and excellent logistics, with a haul road immediately adjacent to the project area,” Hannaford said.

Ada Ann sits a scant eight kilometres from Evolution Mining’s (ASX:EVN) 5.3-million-ounce Mungari operation, with Forrestania believing the 14 tenements comprising its Eastern Goldfields assets to be highly prospective for large-scale discoveries.

Historic results have also highlighted open zones of gold mineralisation at the Bonnie Vale North subproject, featuring strikes of up to 3m at 2.03g/t Au from 77m.

Forrestania intends to kick off a maiden campaign to begin as soon as it can manage and is now working on heritage agreements so it can start testing the extension, depth, and new high-grade zone potential of Ada Ann as gold prices continue to reach new record highs.

Highlight results

Ada Ann grab samples

Ada Ann data review results

Ada Ann previously announced

Bonnie Vale North historic results