FRS: Spodumene intersected in drilling at South Iron Cap East

FORRESTANIA RESOURCES LIMITED

• Visible spodumene identified in pegmatite at South Iron Cap East.
• Spodumene-bearing pegmatite logged in drill hole FSIR0010.
• Continuity of Giant pegmatite confirmed along Forrestania tenement M77/549.

2023-07-12 08:29:00

FRS: JV finalised on Hydra Lithium Project in Quebec Canada

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources has expanded its lithium exploration into the James Bay Region of Quebec, Canada, and established a Joint Venture with ALX Resources Corp., subsequently acquiring a 50% interest in the Hydra Lithium Project (HLP).
• HLP, comprising 8 sub-projects over 29,262 hectares, offers significant potential for the discovery of additional lithium resources due to proximity to major discoveries and the presence of outcropping pegmatites on its greenstone belts.
• The partnership with ALX offers Forrestania a cost-efficient gateway into a highly prospective mining district, with field work set to resume shortly after delays caused by regional forest fires.

2023-07-10 08:21:00

FRS: 63m pegmatite intersected at maiden Calypso drilling

FORRESTANIA RESOURCES LIMITED

• 63m pegmatite intersected in maiden drilling at Calypso Prospect with multiple stacked pegmatites found in 13 of 14 holes.
• 14 RC drill holes completed at Calypso for a total of 1,968m, with full suite of assays expected in approximately 6 weeks.
• Drilling is ongoing at South Iron Cap East Prospect as part of Forrestania Resources Limited's Forrestania project in WA's southern Yilgarn region.

2023-06-27 08:19:00

FRS: Lithium drilling commencement at Forrestania Project

FORRESTANIA RESOURCES LIMITED

• Lithium-focused RC drilling to commence at Forrestania project with a drill rig on site.
• Initial 3000-4000m drilling program at three high priority targets, including the Calypso prospect.
• Forrestania Resources remains confident in the project's potential for a significant lithium discovery.

2023-06-15 09:18:00

FRS: New pegmatites identified at Eastern Goldfields tenements

FORRESTANIA RESOURCES LIMITED

• Fieldwork on Eastern Goldfields tenements reveals multiple outcropping pegmatites, up to ~100m in strike length, at Breakaway Dam / Alexandra Bore project area.
• Outcropping pegmatites also mapped at Bonnie Vale project area, near Coolgardie.
• Mapping and sampling to continue, defining targets for a maiden drilling programme.

2023-06-08 08:59:00

FRS: Entitlement Offer to advance portfolio of Lithium Projects

FORRESTANIA RESOURCES LIMITED

• Fully underwritten Entitlement Issue to raise ~$1.94 million for advancing lithium projects in WA and Canada.
• Proceeds to be used for drilling and exploration programs at Forrestania, Eastern Goldfields projects, and formalizing JV with ALX Resources Corp on the Hydra Lithium Project.
• Offer consists of 2 new shares for every 5 held at $0.07 per share, with 1 free option exercisable at $0.15 each on/before 30 June 2026.

2023-05-29 10:46:00

FRS: Option to acquire strategic Eastern Goldfields tenements

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources signs a 2-year option agreement to acquire highly prospective project areas at Alexandra Bore / Breakaway Dam and Bonnie Vale in Western Australia.
• The tenements are highly prospective for lithium, gold, and copper, located in the Eastern Goldfields area.
• To exercise the option, Forrestania must issue shares to the value of A$950,000 and pay A$150,000 in cash to Outback Minerals Pty Limited.

2023-05-16 09:07:00

FRS: Strategic JV on the Hydra Lithium Project in Quebec, Canada

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources has partnered with ALX Resources on the Hydra Lithium Project in Quebec, Canada, to expand its lithium exploration focus.
• The Hydra Lithium Project comprises 8 sub-projects covering 29,262 hectares, with potential for growth through additional staking or acquisition.
• Fieldwork is scheduled to commence on May 31, 2023, exploring the highly prospective region with potential to find additional lithium resources.

2023-05-08 08:23:00

FRS: High-Grade Lithium Results at the Giant Pegmatite

FORRESTANIA RESOURCES LIMITED

• High-grade lithium and exceptional tantalum grades returned from the Giant Pegmatite, indicating significant new discoveries at Forrestania project.
• Further drill programs planned to extend high-grade zone at Giant Pegmatite, explore South Iron Cap East, and test additional high priority targets.
• MD Michael Anderson is confident in the potential for more discoveries and looks forward to updating shareholders on progress.

2023-04-24 08:38:00

FRS: Managing Director commencement and 3X

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources Limited is pleased to announce the commencement of Dr Michael Anderson as Managing Director & CEO.
• Dr Anderson has shown his commitment to the Company by an initial share purchase of 1.0 million shares.
• Chairman John Hannaford commented that Dr Anderson’s initial support and share purchase underlines his belief and confidence in the Company.

2023-03-07 09:54:00

FRS: Appointment of Managing Director

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources Limited (ASX: FRS) has appointed Michael Anderson as Managing Director and CEO.
• Dr Anderson is a highly credentialed mining executive with a PhD in geology and over 30 years of experience in the resource industry.
• He brings technical, corporate, and market expertise to Forrestania, having overseen Firefinch Limited's transformation from $200m to $1.2Bn market capitalisation.

2023-02-20 08:47:00

FRS: Heavy REEs confirmed at Melita 02 prospect

FORRESTANIA RESOURCES LIMITED

• Breakaway Well Melita 02 prospect located in the Leonora/Eastern Goldfields Project
• Highly anomalous REE rock chip results with high ratios of “heavy” and “magnet” REEs
• Anomalous REEs identified over 800m apart

2023-02-16 09:39:00

FRS: Drilling completed at Forrestania Project - revised

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources Limited completed its second lithium-focused reverse circulation (RC) drilling programme at its Forrestania lithium project.
• Pegmatite was intercepted in 13 drill holes including 10m interval from 110m depth and 11m interval from 73m depth.
• Weathered felsic material near surface was interpreted as pegmatite with 32m interval from 10m and 14m interval from 7m.

2023-02-13 14:27:00

FRS: Drilling completed at Forrestania Project

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources Limited has completed its second lithium-focused reverse circulation drilling programme at its flagship Forrestania lithium project.
• Targets tested included South Iron Cap East, the Giant Pegmatite, the Gem Pegmatite and Bounty East.
• Intercepted pegmatites included 10m interval from 110m depth in Drillhole FGIR0005 (Giant) and 14m interval from 7m in Drillhole FBTR0005 (Bounty East).

2023-02-13 09:15:00

FRS: Drilling commencement at Forrestania Project

FORRESTANIA RESOURCES LIMITED

• Forrestania Resources Limited have announced the commencement of a RC drilling programme at the South Iron Cap East lithium prospect.
• The programme will include up to 5,000m of drilling across four high priority lithium targets.
• This prospect is located in the southern portion of the Forrestania project area, 1km to the east of IGO’s high grade lithium intercept of 50. 6m @ 0.95% Li 2O.

2023-01-25 09:44:00

FRS: Drill rig secured for high priority lithium drilling program

FORRESTANIA RESOURCES LIMITED

1. Drill rig secured for second lithium focused drilling programme to commence in fourth week of January 2023.
2. ~5,000m RC drilling programme to test high quality lithium targets at Giant Pegmatite, South Iron Cap East, Gemcutter, and Bounty East prospects.
3. RC drill programme for up to 5,000m will test targets at four of the Company’s lithium prospects: Giant Pegmatite, South Iron Cap East, Gemcutter, and Bounty East.

2023-01-18 08:37:00