Forrestania Resources Limited (ASX: FRS) has announced positive 1m assay results from the Ada Ann prospect, at the Bonnie Vale Project, located near Coolgardie, in Western Australia’s prolific Eastern Goldfields.
Forrestania Resources’ Chairman John Hannaford commented: “The results of the 1m splits, with assays up to 21g/t Au, along with the recently panned gold provide further confirmation of grade and continuity of the Ada Ann mineralisation. This additional highly positive exploration data will be further enhanced by the current phase 2 drilling programme which has just been completed.”
The 1m results, up to 21g/t Au, build on the success of the maiden drilling programme with confirmation of strong and high-grade Au mineralization. Additional regional exploration success from geochemical and historic drilling in and around the Christmas Gift and at Bonnie Vale North prospect areas are helping to turn the Bonnie Vale project area into an area of strong exploration potential.
Furthermore, the company reports the safe and successful completion of the phase 2 drilling at the Ada Ann prospect. The 1m results, up to 21g/t Au build on the success of the maiden drilling programme with confirmation of strong and high-grade Au mineralization. Additional regional exploration success from geochemical and historic drilling in and around the Christmas Gift and at Bonnie Vale North prospect areas are helping to turn the Bonnie Vale project area into an area of strong exploration potential.
“The Ada Ann prospect continues to grow in scale and stature, and with several nearby processing options & the current gold price environment, the strategic value of the tenement portfolio continues to grow. With the recent placement and support from existing and new investors, the company has added momentum to drive exploration on several fronts. We are now also turning our focus back to the Lady Lila gold project within the Forrestania region.” Added John.
To read more about this, please visit https://forrestaniaresources.com.au/
To read more news like this, please visit www.theassay.com/news
