Forrestania Resources Ltd (ASX:FRS) has identified new pegmatite outcrops up to 100 metres in strike length during a mapping and reconnaissance field trip to its newly acquired tenements in WA's Eastern Goldfields.
The primary aim of the field trip was to enhance the company’s geological understanding of the project areas, as well as to further assess the potential for lithium mineralisation.
These newly acquired tenements, Alexandra Bore and Breakaway Dam, have never previously been explored for their lithium potential, with previous historical exploration focused on copper, gold and nickel, despite the known presence of pegmatites.
Outcropping pegmatites have also been mapped at the Bonnie Vale project area (E15/1632), near Coolgardie.
Looking ahead, Forrestania’s mapping and sampling program will continue at the newly acquired tenement’s, defining targets for its maiden drilling program.
“Additional confidence”
Forrestania managing director Michael Anderson said: “The rationale for entering into the option agreement with Outback Minerals already appears to be justified.
“The confirmed presence of multiple pegmatite outcrops, some up to ~100 metres in strike length, provides us with additional confidence in the discovery potential on these tenements.
“We are prioritising our activities to prepare for a maiden drilling program as soon as possible.”
The Eastern Goldfields project area with recent acquisitions highlighted in blue.
Forward plan
Forrestania aims to focus its exploration on the significant lithium, gold and copper potential of both project areas.
Further mapping trips and geochemical sampling will be undertaken at both areas in the short term in an effort to define targets for a maiden drilling program.
Currently, a detailed mapping and sampling program is ongoing at the Alexandra Bore/Breakaway Dam project area.
Further field trips have been planned to the Bonnie Vale project area and the Balarky prospect.
Assays are pending for several samples, upon return and geological analysis, additional mapping and geochemical programs will be planned.