Forrestania Resources Ltd (ASX:FRS) has received positive drilling results from Ada Ann prospect at the Bonnie Vale Project near Coolgardie in Western Australia's prolific Eastern Goldfields, confirming the potential for further exploration upside.
The results confirm the gold mineralisation at Ada Ann is open in all directions, with a defined strike length of ~225 metres. The mineralisation has been extended at depth to the east and along strike to the south.
“This first RC program at Ada Ann was aimed at confirming mineralisation and gaining a better understanding of the geology and the orebody,” Forrestania Resources chair John Hannaford said.
“Mineralised zones were intercepted where we had projected. The mineralised structures appear to extend at depth and along strike, with good results and consistent widths.
“This sets the company up well for a follow-up RC program to further extend the mineralisation. As previously noted, the extensive regional infrastructure provides many processing options for a future mining operation.”
Maiden RC drill results
Forrestania’s maiden drilling program, comprising 21 reverse circulation (RC) holes for 1,488 metres of drilling, at the Ada Ann prospect has given the company a stronger understanding of the geology of the deposit. It also successfully tested the historic gold results and confirmed open mineralisation at depth and along strike.
Initial exploration yielded encouraging, consistent results, with notable, composite assays such as 8 metres at 1.5 g/t gold from 36 metres; 4 metres at 3.4 g/t from 44 metres; 4 metres at 2.2 g/t from 44 metres and 4 metres at 1.1 g/t from 52 metres; 4 metres at 2.0 g/t from 60 metres; and 4 metres at 1.6 g/t from 60 metres.
The company notes that these results are proximal to previously released, historic drilling results including 4 metres at 12.8 g/t gold from 25 metres and 16 metres at 2.6 g/t from 24 metres.
The promising results from the maiden drilling at Ada Ann build on regional exploration success from geochemical and historic drilling in and around the Christmas Gift and at Bonnie Vale North prospect areas.
Historic and recent downhole max drilling results at the Ada Ann prospect, with significant FRS downhole max drilling results indicated.
What’s ahead?
The company has submitted the 1-metre splits for fire assay from the Ada Ann drilling program, with results anticipated to be returned within 6-8 weeks. These samples should further confirm the mineralisation and provide a more accurate picture for the geological and mineralised model.
Phase 2 drilling is now in the planning stages and will aim to extend mineralisation further to the north and at depth.
The second phase will also target a historic, shallow intersection from hole BR14 — around 45 metres south of the current drilling area — where previous, historic results include 6 metres at 0.23 g/t gold from 6 metres and 6 metres at 0.14 g/t from 12 metres.
These values are composite intercepts which were never followed up and the downhole location of the gold mineralisation in BR14 lines up along strike and is consistent with the geological model.