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Forrestania Resources Limited ( (AU:FRS) ) has issued an announcement.
Forrestania Resources Limited announced positive results from its Phase 3 RC drilling program at the Ada Ann prospect, part of the Bonnie Vale Project in Western Australia. The drilling confirmed high-grade gold mineralization and supports potential resource growth, with plans for further exploration to extend the mineralized zones. This development strengthens the company’s growth profile and aligns with its strategy to expand its operations in the region.
More about Forrestania Resources Limited
Forrestania Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in projects within Western Australia’s Eastern Goldfields, leveraging regional infrastructure for potential mining operations.
Average Trading Volume: 1,590,751
Technical Sentiment Signal: Buy
Current Market Cap: A$155.3M
See more data about FRS stock on TipRanks’ Stock Analysis page.