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Forrestania Resources Eyes Gold Expansion at Ada Ann
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Forrestania Resources Eyes Gold Expansion at Ada Ann

Forrestania Resources Limited (AU:FRS) has released an update.

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Forrestania Resources Limited is set to commence maiden drilling at the Ada Ann prospect in the Bonnie Vale Gold Project, after discovering significant historic gold mineralization and high-grade soil samples. The project, adjacent to Evolution Mining’s Mungari Gold Mine in Western Australia, shows potential with results including a 49g/t Au sample, and the mineralization is open in all directions. Amidst a favorable gold market, the company plans to explore this under-explored area with the aim of extending known gold zones and defining new regional exploration targets.

For further insights into AU:FRS stock, check out TipRanks’ Stock Analysis page.

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