Forrestania Resources (ASX:FSR) has commenced a 3,000-meter reverse circulation drilling program at its British Hill Project, located within the Southern Goldfields of Western Australia.
Situated 90km from the company’s Lake Johnston processing infrastructure, the project represents a near-term production opportunity.
The current campaign is focused on grade control drilling on granted mining lease M77/1256, a critical step in finalising the mine plan for a proposed low-cost open-pit operation.
Kalgoorlie-based VM Drilling has been awarded a massive 90,000-meter drilling contract for 2026 under a "drill-for-equity" arrangement.
The contractor has agreed to accept payment for the first six months of the program in fully paid ordinary shares of Forrestania Resources.