MINING REFINING

Just the facts: Forrestania Resources unearths 222 g/t gold at Bonnie Vale

Tue Nov 19 2024

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Forrestania Resources Ltd (ASX:FRS). The company has reported a high-grade rock chip sample of 222 g/t gold from its Bonnie Vale Project in Western Australia’s Eastern Goldfields.

Four historical spoil piles from previously undocumented drill holes also returned gold grades up to 13.9 g/t. Historical drilling and soil geochemical testing highlighted new areas of interest, including the Christmas Gift and Bonnie Vale North prospects.

Forrestania describes Bonnie Vale as a project with significant potential for gold discoveries. The tenement contains multiple prospect areas with structures similar to those hosting nearby Evolution Mining sites.

It is awaiting results from a reverse circulation (RC) drilling program at the Ada Ann Prospect, due in four to six weeks, and plans further exploration drilling across the project area.

Source: https://www.proactiveinvestors.co.uk/