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Forrestania Resources Limited ( (AU:FRS) ) just unveiled an announcement.
Forrestania Resources Limited has announced positive assay results from the Ada Ann prospect within its Bonnie Vale Project, indicating high-grade gold mineralization open in all directions. The completion of phase 2 drilling further supports the potential for significant gold deposits in the area, enhancing the project’s strategic value. This progress, combined with recent investor support, positions the company to advance its exploration efforts across multiple sites, including a renewed focus on the Lady Lila gold project.
More about Forrestania Resources Limited
Forrestania Resources Limited (ASX: FRS) operates in the mining industry, focusing on gold exploration and development. The company is actively engaged in exploring its Bonnie Vale Project, which is part of the Eastern Goldfields region in Western Australia, a prolific area known for significant gold deposits.
YTD Price Performance: 42.86%
Average Trading Volume: 1,518,238
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$5.25M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.
