Forrestania Resources says Eastern Goldfields copper ‘too good to ignore’
September 15, 2023 at 12:36 am IST
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Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive the company has confirmed the copper prospectivity of its Eastern Goldfields Project in Western Australia with rock chip samples taken during recent fieldwork at Breakaway Dam returning up to 26.7% copper. In addition to copper, the company has demonstrated potential for lithium, gold and rare earth elements (REE) across the broader project. Rio Tinto Exploration has recently applied for a large tenement package directly north of the Breakaway Dam project area, further strengthening the potential of the region.
Anderson said: “Since announcing the option agreement to acquire the Breakaway Dam tenement back in May, our team has been proactively reviewing the historical data, in parallel with a comprehensive mapping and sampling program.
“Our follow-up work has confirmed obvious prospectivity for copper with high-grade rock chips proximal to earlier results.”
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Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Forrestania Resources Limited is an exploration company searching for lithium, gold, and nickel in the Forrestania, Southern Cross and Eastern Goldfields regions of Western Australia. It is also exploring for lithium in the James Bay region of Quebec, Canada. The Forrestania Project is prospective for lithium, gold and nickel. The Southern Cross Project is prospective for gold and lithium and the Eastern Goldfields project is prospective for gold, lithium, rare earth elements and copper. The flagship Forrestania Project is situated in the southern Forrestania Greenstone Belt, with a tenement footprint spanning about 100 kilometers (km), north to south of variously metamorphosed mafic, ultramafic / volcano-sedimentary rocks. Southern Cross Project tenements are scattered, within proximity to the town of Southern Cross and located in and around the Southern Cross Greenstone Belt. Eastern Goldfields tenements are located within the Norseman-Wiluna Greenstone Belt of the Yilgarn Craton.