Forrestania Resources Hits 59m at 2.38g/t Gold as British Hill Extends Deeper
Key Takeaways
- The standout intercept from the third assay batch is 59 metres at 2.38 g/t gold from 123 metres in hole 26BHRC0061, with multiple additional holes returning grades above 2.15 g/t at depths beyond 250 metres.
- Mineralisation at British Hill is now confirmed to extend both westward and at depth beyond the previously known system, with the deposit remaining open in multiple directions.
- A diamond drill rig has been mobilised to site to test mineralisation below current RC drilling depth limits and capture structural data on gold lode orientations — a shift from discovery to resource definition.
- Additional Programme of Work applications have been lodged to pursue interpreted westward mineralisation extensions beyond the current drilling footprint.
- Twelve-month priorities include converting Inferred Resources to Indicated Resources via infill drilling and securing a milling option for British Hill ore, with a $23M capital raise providing the financial runway to execute.
British Hill delivers another batch of high-grade gold results as depth extensions confirmed
Forrestania Resources (ASX: FRS) has released a third batch of assay results from its ongoing British Hill RC drill programme, with 15 holes for 3,685 metres of drilling confirming that mineralisation extends further to the west and at depth beyond the previously known system. The standout result from this batch is 59 metres @ 2.38 g/t gold from 123 metres in hole 26BHRC0061. A diamond drill rig has now been mobilised to site, and additional Program of Work (PoW) applications have been lodged to pursue interpreted westward mineralisation extensions.
David Geraghty, Executive Chairman, Forrestania Resources
“This third batch of assay results from British Hill continues to impress, extending mineralisation both to the west and at depth beyond the known system — sharpening our geological model of the deposit. A diamond drill rig has now been mobilised to site to test mineralisation below current RC drilling limits and capture structural data on gold lode orientations, supporting our strategy to grow the British Hill Mineral Resource Estimate.”
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Standout intercepts from the third assay batch
Results span multiple holes across the programme, with several confirming meaningful grade and width at depth beyond 200 metres downhole. The most significant intercepts from this release include:
- 59 metres @ 2.38 g/t gold from 123 metres (26BHRC0061)
- 19 metres @ 2.15 g/t gold from 43 metres (26BHRC0065)
- 14 metres @ 2.20 g/t gold from 260 metres (26BHRC0069)
- 13 metres @ 2.36 g/t gold from 255 metres (26BHRC0025)
- 9 metres @ 1.86 g/t gold from 218 metres (26BHRC0026)
- 9 metres @ 1.72 g/t gold from 242 metres (26BHRC0026)
All intercept widths are downhole widths, not true widths.
| Hole ID | From (m) | Interval (m) | Grade (g/t Au) | Significance |
|---|---|---|---|---|
| 26BHRC0061 | 123 | 59 | 2.38 | High-grade intercept |
| 26BHRC0065 | 43 | 19 | 2.15 | Near-surface high grade |
| 26BHRC0069 | 260 | 14 | 2.20 | Deep extension |
| 26BHRC0025 | 255 | 13 | 2.36 | Deep extension |
| 26BHRC0026 | 218 | 9 | 1.86 | Multiple mineralised zones in single hole |
Understanding RC drilling and what depth extensions mean for investors
Reverse Circulation (RC) drilling is a standard technique used in gold exploration where compressed air forces rock chips back to the surface through the drill rod, allowing geologists to collect samples at regular intervals and send them for laboratory analysis. The assay results from RC holes tell you where gold exists in the ground and at what grade, building up a three-dimensional picture of a deposit with each new hole.
When a programme returns “depth extensions,” it means mineralisation has been identified below or beyond the limits of earlier drilling. In practical terms, it suggests the deposit is larger than the currently defined resource boundary. That is significant for investors because a larger deposit supports a larger Mineral Resource Estimate (MRE), which is the formal inventory of tonnes and grade that underpins any development study or mine plan.
RC drilling has limits, though. It cannot easily recover oriented core, meaning the structural geometry of the gold lodes (their angle, orientation, and spatial relationships) remains uncertain. That is where diamond drilling comes in. Diamond drilling recovers a continuous cylinder of intact rock that geologists can examine in detail, capturing structural data on gold lode orientations to support the strategy to grow the British Hill Mineral Resource Estimate. Under the JORC framework (the Australian code governing resource reporting), converting lower-confidence Inferred Resources into higher-confidence Indicated Resources is planned via infill drilling. Higher-confidence resources carry greater weight in development economics and attract stronger project-level interest.
What comes next at British Hill — and why it matters
The announcement discloses three key next steps for the programme:
- A diamond drill rig has been mobilised to test mineralisation below current RC drilling depth limits and to capture structural data on gold lode orientations.
- Additional PoW applications have been lodged to pursue interpreted westward mineralisation extensions beyond the current drilling footprint.
- The company’s ongoing strategy is focused on growing the British Hill Mineral Resource Estimate.
The announcement also notes that drilling priorities over the next twelve months include converting Inferred Resources into Indicated Resources via infill drilling and securing a milling option for the treatment of British Hill ore.
Securing a milling option for British Hill ore is one of the programme’s stated twelve-month priorities, and the company’s $23M capital raise provides the financial runway to advance both processing infrastructure and continued drilling across its Western Australian projects.
British Hill sits within FRS’s broader Western Australian portfolio spanning the Southern Cross, Eastern Goldfields, and Forrestania regions. The Forrestania Project, from which the company takes its name, lies adjacent to the historic Bounty gold mine, which recorded approximately 1 million ounces of historic gold production.
A third consecutive batch of high-grade results across multiple holes — including deep intercepts beyond 250 metres downhole — demonstrates the deposit remains open in multiple directions. The mobilisation of diamond drilling marks an evolution in the programme’s focus, shifting from establishing where mineralisation exists toward understanding its structural geometry. That transition is a meaningful signal of increasing technical maturity at British Hill.
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About Forrestania Resources (ASX: FRS)
Forrestania Resources is a gold exploration and development company focused on building a portfolio of projects across Western Australia’s premier mining districts. The company operates across the Southern Cross, Eastern Goldfields, and Forrestania regions, led by an experienced board with a disciplined exploration strategy. The Forrestania Project sits adjacent to the historic Bounty gold mine, which produced approximately 1 million ounces of gold, underscoring the prospectivity of the surrounding belt. Forrestania Resources is focused on systematic exploration and growing its gold asset base across Western Australia.
Forrestania Resources has been building a pattern of high-grade results across its Western Australian portfolio, with high-grade gold results at Ada Ann adding another active drilling front to the company’s broader asset base alongside British Hill.
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