Forrestania Resources Says Drilling At Western Australia Gold Project Confirms Multiple Mineralized Zones; Shares Fall 7%
MT Newswires Live
Yesterday
Forrestania Resources (ASX:FRS) said that the maiden drilling program at the British Hill gold project in Western Australia confirmed multiple mineralized zones, according to a Friday Australian bourse filing.
The company encountered intercepts of 1 meter at 4 grams per tonne (g/t) grade of gold from 165 meters, as well as 11 meters at 1.9 g/t grade of gold from 196 meters, the company said. The drilling confirmed that the mineralization extends down dip to the east and along strike to the north and south.
Forrestania Resources' shares fell 7% in recent trading on Friday.
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