tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Forrestania Resources Retracts Non-Compliant Mineral Resource Estimate

Story Highlights
Forrestania Resources Retracts Non-Compliant Mineral Resource Estimate

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Forrestania Resources Limited ( (AU:FRS) ) has issued an announcement.

Forrestania Resources Limited has retracted a reference to a Mineral Resources Estimate (MRE) for the Hyden Project Holdings deposit from a recent investor briefing, as it was not compliant with ASX Listing Rules. The company advises investors not to rely on the retracted information for investment decisions, but confirms that other information in the presentation remains unaffected.

More about Forrestania Resources Limited

Forrestania Resources Limited (ASX: FRS) is a rapidly growing gold exploration and development company focused on building a portfolio of high-quality projects across Western Australia’s premier mining districts. The company is strategically expanding its footprint in the Southern Cross, Eastern Goldfields, and Forrestania regions through disciplined exploration and selective acquisitions, aiming to unlock the potential of these highly prospective belts.

Average Trading Volume: 1,323,832

Technical Sentiment Signal: Buy

Current Market Cap: A$86.03M

For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1