Forrestania Resources extends lithium footprint at South Iron Cap East
September 28, 2023 at 04:21 pm EDT
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Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive that recent assays from the flagship Forrestania Lithium Project in WA’s southern Yilgarn region have intersected spodumene-bearing pegmatite in multiple drill holes. The results come from a follow-up reverse circulation (RC) drilling program at South Iron Cap East, with peak lithium assays of up to 0.95% lithium oxide (Li2O) demonstrating the potential to host ore-grade mineralisation. FRS has a favourable outlook on the likely unearthing of a significant mineral-rich pegmatite formation at greater depths. The characteristic tendency of regional pegmatites to narrow and expand seem to back this optimism up.
“Our work in and around South Iron Cap East continues to deliver results which highlight the potential for discovery of a significant mineralised system,” Anderson said.
“We know the region is host to multiple, stacked pegmatites (including at the world-class Mount Holland Lithium Mine) and we are now consistently finding spodumene and highly anomalous lithium grades.
"We remain convinced of the prospectivity across the Forrestania project and believe that a continuation of our systematic approach will ultimately unlock the potential value for our shareholders.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Forrestania Resources Limited is an Australia-based exploration company. The Company is engaged in searching for lithium, gold and nickel in the Forrestania, Southern Cross and the Leonora/Eastern Goldfields regions of Western Australia. The Companyâs projects include Forrestania, Southern Cross and Leonora. The project is situated in the southern Forrestania Greenstone Belt, with a tenement footprint spanning approximately 100 kilometers (km), the emerging Kat Gap gold deposit, the operating Flying Fox, and Spotted Quoll nickel mines, and other discovered Mt Holland lithium projects. The Southern Cross Project is comprised of 5 tenements: one exploration license, three exploration license applications, two prospecting licenses and one mining license, covering approximately 144.28 square kilometers (km2). The Leonora Project includes one exploration license and 5 exploration license applications, covering a total of approximately 853.5 km2.
FORRESTANIA RESOURCES LIMITED 
