Forrestania (ASX:FRS) show more promising signs at South Iron Cap East

Forrestania (ASX:FRS) show more promising signs at South Iron Cap East

August 21, 2023 0 By Rueben Hale

Forrestania Resources has continued unearthing signs of significant lithium discovery at its South Iron Cap East prospect, part of the Forrestania Project in Western Australia.

The latest RC drilling results confirm shallow spodumene-bearing mineralisation of 5m @ 0.55% Li2O from 41m, including 2m @ 0.95% from 43m.

Forrestania Managing Director Michael Anderson said approvals are in place for follow-up imminent drilling to test extensions of spodumene-bearing intercept down dip and deeper into fresh rock.

“Our systematic exploration at Forrestania continues to deliver positive results. We are encouraged not only by the intersections of spodumene but also the lithium grades at Giant, and now South Iron Cap East,” Mr Anderson said.

“This demonstrates the potential for these pegmatite systems to host ore-grade mineralisation.

“We will be drilling again shortly at South Iron Cap East to test for extensions of the mineralisation and to gain further insight into the geometry of this highly prospective pegmatite system.”

Meanwhile, further high-grade lithium hits the nearby Giant pegmatite, including 9m @ 0.95% Li2O from 114m, including 3m @ 2.23% from 118m.

FRS Forrestania Propsect Map

Regional geology interpretation and location of lithium prospects

FRS.AX
FORREST FPO [FRS]
ASX
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FORREST FPO [FRS]
Sector: Basic Materials
Industry: Other Precious Metals & Mining
Employees:
Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia and Canada. The company primarily explores for copper, gold, lithium, and nickel deposits. Its flagship property is Lady Lila project situated in Australia. Forrestania Resources Limited was incorporated in 2021 and is based in West Perth, Australia.

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