Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Forrestania Resources Ltd (ASX:FRS).
The company has reported a high-grade rock chip sample of 222 g/t gold from its Bonnie Vale Project in Western Australia’s Eastern Goldfields.
Four historical spoil piles from previously undocumented drill holes also returned gold grades up to 13.9 g/t.
Historical drilling and soil geochemical testing highlighted new areas of interest, including the Christmas Gift and Bonnie Vale North prospects.
Forrestania describes Bonnie Vale as a project with significant potential for gold discoveries.
The tenement contains multiple prospect areas with structures similar to those hosting nearby Evolution Mining sites.
It is awaiting results from a reverse circulation (RC) drilling program at the Ada Ann Prospect, due in four to six weeks, and plans further exploration drilling across the project area.