Strategically located in a very prospective region within Western Australia’s famous Goldfields, the Forrestania Gold Project is an underexplored package surrounded by multimillion ounce deposits such as Bounty (2Moz) and Yilgarn Star (1.5Moz). The 450km² tenement package covers over 50km strike length of the Forrestania greenstone belt, which provides multiple options for exploration and development. Past resource conversion and exploration results demonstrate exploration and upside potential.
The FGP is located approximately 4 hours from Perth by road, 2.5 hours from Kalgoorlie and about 1.5 hours from Southern Cross. Substantial exploration targets are within trucking range of the processing plant, while the project itself is connected to grid power and water. There are also multiple logistical advantages, including a short commute for employees, close to transport infrastructure and a favourable climate.
An experienced on-ground management team is led by Managing Director Justin Doutch, who is well experienced with exploration activities via the Company’s previous Fraser Range project. Corporate Strategy & Commercial Manager Adam McKay was part of the core team at Hanking gold, bringing the SXO operation from care and maintenance and into production. He also saw the resource more than triple from 1.2Moz at acquisition in 2013 to 4.6Moz in late 2016. Consulting geologists Rene Sterk and Edward Fry are both highly experienced with over 40 years combined on-ground experience in the region.