Forrestania (ASX:FRS) awaken lithium Giant

Forrestania Resources has aroused sizable high-grade lithium potential lying dormant at its exciting Giant prospect, part of the Company’s exploration quest across 100 kilometres of prospective strike at its namesake project in Western Australia’s south.

High-grade lithium intercepted for 10m @ 1.49% Li₂O from 74m, including 2m @ 2.64% Li₂O and exceptional tantalum grades of 4m @ 1,106 ppm Ta from 45m, including 1m at 2,870ppm Ta from 46m at Giant has invigorated confidence of making significant new discoveries.

FRS.AX

FORREST FPO [FRS]

ASX

$0.039

$0.002

4.88%

Cross section showing the position of high-grade lithium intercept in drill hole FGIR0004

“It’s always exciting to drill high-grade intersections,” Forrestania Managing Director Michael Anderson said.

“We are confident there is potential for more at Giant, and indeed elsewhere, as we continue to systematically test our high priority anomalies and targets.

“There is certainly have plenty more to do to ensure that we do justice to the demonstrable prospectivity at Forrestania, and it is obvious to me after only a few weeks in the role that our team is well equipped to do that.

“We look forward to keeping shareholders informed as work progresses.”

Forrestania Project regional geology interpretation and lithium prospects

Meanwhile, confirmation that South Iron Cap East is part of a “highly fertile” LCT pegmatite system based on anomalous lithium assay results and favourable geochemistry has warranted further exploration and testing of several high-priority targets across the Forrestania project area.

Follow-up drill programmes are also planned to extend the high-grade zone at the Giant Pegmatite.

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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