Forrestania Resources Limited has completed its first iron ore-focused drilling program at the Koolyanobbing Project in Western Australia and here to deliver Just the Facts is Proactive’s Tylah Tully.
The program involved nine RC holes across two prospects for a total of 687 metres exploring iron ore mineralisation. The best results recorded were from the Kooly Iron North West holes … notably number seven which showed two metres at 44.6% iron, with banded iron formation, hematite, and goethite logged at 101 metres to the end of the hole.
“The Koolyanobbing Fe (Netley) project contained several large but untested iron ore targets,” chair and Interim CEO John Hannaford said.
"Forrestania signed an option to acquire the project, committing to a modest drill program to test the main targets, with heritage approvals and POWs largely in place over several Fe targets.
“The drill program tested some of the targets in collaboration with the vendors’ representatives, and results are encouraging over the NW target, however need further investigation.
“Given the close proximity of this target to the MinRes Koolyanobbing mine, the company plans to further assess these results and refine targets with geophysics and other information ahead of a possible further drill program.”