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Forrestania Resources Limited ( (AU:FRS) ) has issued an update.
Forrestania Resources Limited has commenced its third phase of drilling at the Ada Ann and Lady Lila projects in Western Australia. This initiative aims to extend known mineralization and potentially increase resource estimates, with the Ada Ann prospect targeting extensions of its existing inferred resource and Lady Lila focusing on testing mineralization along strike and at depth. These efforts are expected to enhance the company’s resource base and provide valuable data for future project development.
More about Forrestania Resources Limited
Forrestania Resources Limited is engaged in the exploration and development of mineral resources, primarily focusing on gold projects in Western Australia’s Eastern Goldfields. The company operates the Bonnie Vale and Lady Lila projects, which are situated in highly prospective regions known for significant gold deposits.
Average Trading Volume: 1,414,685
Technical Sentiment Signal: Buy
Current Market Cap: A$109.1M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.