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Bonnie Vale Breakaway Dam Forrestania
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Exploring for Gold, Copper and Lithium in Western Australia

Located within the Western Australia Eastern Goldfields, 5km from the operating +5 Moz Mungari Gold Project (ASX:EVN).

Bonnie Vale’s large project area ~75km² is host to multiple historic Au workings, including the Ada Ann prospect, and Christmas Gift mine.

 

Ada Ann
Gold Prospect

The Forrestania Project is characteristically prospective for gold, and the Company is immediately advancing several priority targets at the Lady Lila, Great Southern/Gem, and Kit Kat Prospects.

The Ada Ann prospect is our highest priority target due to its historic drilling results and recent high grade surface samples. The prospect has significant, shallow, historic drilling intersections including:

  • 7m @ 5g/t Au (from 4m)

  • 6m @ 6.5g/t Au (from 16m)

  • 16m @ 2.6g/t Au (from 24m)

Forrestania is testing extensions to known mineralisation and an area around historic drill spoils that returned strong results, including 49g/t Au.

The Ada Ann prospect is untested at depth; along strike and a new zone to the east.

Significant intersections include:

  • 4m @ 12.8g/t Au (from 25m)

  • 5m @ 4.2g/t Au (from 27m)

  • 5m @ 2.3g/t Au (from 31m)

  • 3m @ 4g/t Au (from 66m)

Lies within the Kunanalling Shear Zone, a significant, geological structure hosting several gold discoveries.

The Ada Ann prospect is untested at depth; along strike and a new zone to the east.

Significant intersections include:

  • 4m @ 12.8g/t Au (from 25m)

  • 5m @ 4.2g/t Au (from 27m)

  • 5m @ 2.3g/t Au (from 31m)

  • 3m @ 4g/t Au (from 66m)

Two shallow historic pits at the prospect reportedly produced 150t @ 7g/t Au. The deepest historic hole is at 86m with mineralisation untested at depth.

Bonnie Vale North
Gold Prospect

The Forrestania Project is characteristically prospective for gold, and the Company is immediately advancing several priority targets at the Lady Lila, Great Southern/Gem, and Kit Kat Prospects.

The Bonnie Vale North Prospect has highly anomalous zones of strong Au geochem. The Kunanalling Shear Zone strikes through the entirety of the tenement and is coincident with anomalous geochem.

Historic RAB drilling (11m @ 0.33g/at Au) followed up by RC drilling in 2022 confirmed open mineralisation at depth: 3m @ 2g/t Au (from 77m).

Subtle magnetic structure appears to be a similar structure to what hosts ASX:EVN Cutter’s Ridge (1.2km north).

Bonnie Vale REgional
Gold Prospects

The Forrestania Project is characteristically prospective for gold, and the Company is immediately advancing several priority targets at the Lady Lila, Great Southern/Gem, and Kit Kat Prospects.

The Bonnie Vale tenement includes a number of prospective workings, previous exploration results and geophysical anomalies that have not been properly explored, and will be the target of ongoing regional fieldwork and drilling programmes.

Historic mining results of up to 40.5g/t Au at the Christmas Gift mining centre (not part of the FRS tenement).

Significantly anomalous Geochem including:

  • Rock chip – 2.7g/t Au

  • Soil sample – 354ppb Au

Significant historic drilling results, including:

  • 4m @ 4g/t Au (including

  • 1m @ 14.3g/t Au)