Forrestania managing director Michael Anderson said: “Our maiden work programs in the Eastern Goldfields have proven very encouraging.
“The initial identification of multiple outcropping pegmatites has now been followed by these highly anomalous results, which demonstrate the obvious prospectivity of the tenements.
“We will continue our systematic mapping and sampling to identify priority targets, to be drilled as soon as possible.”
Forward plan
Forrestania intends to focus its exploration on the significant lithium, copper and gold potential of the Breakaway Dam/Alexandra Bore project area in the coming months.
The rock chip samples are presented in a highly weathered state and further analyses is required to fully characterise the lithium mineralisation in order to understand the lithium’s host minerals.
Further mapping trips and geochemical sampling will be undertaken in the short term, to define targets for a maiden drilling program.
Mapping and sampling programs are ongoing at the Breakaway Dam/Alexandra Bore project area (E29/1037 and E29/1036) with assays pending for several other samples collected (in recent weeks) from the Alexandra Bore area.
None of those samples (from E29/1036) are being reported here with those results expected in around six to eight weeks.
Upon receipt of the assays and after geological analysis, additional mapping and geochemical programs will be planned.
FRS Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
