Forrestania Resources (ASX:FRS) has reached a significant operational milestone at its Forrestania Hub, announcing the completion of diamond drilling at the Lady Lila Project and the immediate commencement of a new program at the British Hill Project.
The strategic transition marks a pivotal moment for the company as it aggressively pursues its exploration targets within the granted mining lease M77/1256.
The maiden diamond drill program at Lady Lila, which encompassed 200m of precision drilling, has yielded high-quality core samples that are already providing the technical team with a sophisticated understanding of the local geology.
Executive Chairman David Geraghty expressed significant optimism regarding the initial findings, noting that mineralised zones were intercepted precisely where projected.
The zones appear to extend both at depth and along strike, confirming the site’s potential for substantial orebody development.
The data gathered will define clear targets for upcoming reverse circulation drilling, with Program of Work approvals already secured.
At the time of reporting, Forrestania Resources’ share price was $0.57.