Forrestania Gold Project

The Forrestania Project is located approximately 120 km south of Southern Cross, Western Australia.

Highlights

  • Binding agreement signed for 80% of the Gold Rights at Forrestania Gold Project.
  • Existing ~216K ounce JORC Resource with strong exploration upside.
  • Scope for high grade open pit mining – previous mining produced 95,865 tonnes @ 8.81g/t for 27,146 oz Au.
  • Auralia Mining Consulting have reviewed technical data and are to deliver scoping study imminently.
  • High gravity gold recovery with free-milling gold – non refractory ore.
  • Existing resources are amenable to conventional open pit mining.
  • Low capital costs via processing through local toll treatment facilities – advanced discussions underway.
  • Forrestania Gold Project is located in one of Australia’s most prominent regions for lithium and gold mining.
  • Value accretive asset with early production opportunity.