Forrestania Resources (ASX:FRS) has announced the start of its first drilling program at the Ada Ann prospect within the Bonnie Vale Gold Project, located in Western Australia's Eastern Goldfields. The drilling will commence on October 23, 2024, aiming to explore high-grade gold mineralization with 21 reverse circulation drill holes planned.
Forrestania Resources is embarking on its first drilling program at the Ada Ann prospect within the Bonnie Vale Gold Project, targeting high-grade gold mineralization. The program will consist of 21 reverse circulation drill holes, reaching a total depth of 1,600 meters. Located near Evolution Mining's Mungari Gold Mine, the Ada Ann prospect benefits from its strategic position within a prolific gold-producing region. With historic results showing up to 49g/t gold, the company aims to expand known mineralization and uncover new zones. The drilling contractor, Topdrill, has shown strong support by accepting part payment in equity. Forrestania Resources is committed to further exploration across the Bonnie Vale area, with ambitions to significantly enhance its mineral resource base. The company continues to focus on gold, lithium, and copper exploration in Western Australia, leveraging its extensive tenement holdings in mineral-rich greenstone belts.
The initial drilling program at Ada Ann is an exciting step for Forrestania Resources as we explore the potential of this strategically located prospect. The proximity to Evolution Mining’s Mungari Gold Mine enhances the prospect's significance. We are eager to test both the depth and strike extensions of the known mineralization and to investigate new zones suggested by historic results.