SOUTHERN CROSS GOLD PROJECT
Established Gold Field
The Southern Cross Project is comprised of five tenements; one Exploration Licence, three Exploration Licence Applications, two Prospecting Licences and one Mining Licence, covering 144.28km².
The tenements are predominately non-contiguous and extend over 200km length of the greenstone belt. The southernmost tenement is approximately 15 km southeast of the town of Menzies, and the northern most tenement is located approximately 70 km northeast of Leonora.
Prior exploration over the project area has focused on gold, diamonds and uranium. Tenements in the Project have been variably subjected to soil sampling, stream sampling, drilling, mapping, rock chip sampling and geophysical surveys.
Priority drilling targets have been identified in both project areas and the Company is well funded to undertake effective exploration programs. The Company has an experienced Board and management team which is focused on discovery to increase value for Shareholders.
Forrestania Resources’ Southern Cross Gold Project, Western Australia
The tenements are predominately non-contiguous with the southernmost tenement located approximately 15km southeast of Menzies, and the northern most tenement located approximately 70km northeast of Leonora.
The Project was acquired by the team that has made significant discoveries of gold in granite. Recent work shows granite hosted Au deposits can potentially host +10Moz world-class deposits. While using leading technology to target these world class Au deposits in internal granites.
Goongarrie and Woolshed Well priority targets
GSWA sampling across Tonkin Monzogranite and Felsic Intrusives have prospective “Sanukitoid” geochemical properties akin to Hemi and Tropicana
Au anomalies identified in historic Auger drilling
LEONORA GOLD PROJECT
Targeting Tier-1 Granite Hosted Deposits
The Leonora Project includes one Exploration Licence and five Exploration Licence Applications, covering a total of 853.5km².
Forrestania Resources’ Leonora Gold Project, Western Australia
Forrestania Resources has entered into an exclusive 2-year option agreement with Outback Minerals Pty Limited (Outback) to acquire a strategic tenement package of 4 tenements in two areas, within the Eastern Goldfields of Western Australia.
The Company’s Eastern Goldfields Project is located north of Kalgoorlie around the gold mining districts of Leonora and Menzies (see Figure 1) and comprises fourteen tenements that are strategically located over areas that the Company believes are highly prospective for large scale, multi commodity discoveries. The Alexandra Bore / Breakaway Dam tenements are entirely contiguous with the Company’s existing land position in the Eastern Goldfields area, and the Bonnie Vale tenements provide exposure to an additional highly prospective area.
The Outback Minerals portfolio consists of 4 exploration tenements that are strategically positioned and geologically aligned with the Company’s strategy for the Eastern Goldfields project area.
The tenements are located in the Menzies and Coolgardie districts of Western Australia; they are prospective for lithium, gold and copper. The projects include:
The Alexandra Bore/Breakaway Dam project (Menzies)
The Bonnie Vale project (Coolgardie)
Both project areas lie over highly prospective, under-explored greenstone terranes.
Outback Option Agreement
Exploration In Gold Fields Region
Option agreement with Outback Minerals Pty Limited (Outback) to acquire a strategic tenement package of 4 tenements.
Eastern Goldfields Project Areas
Eastern Goldfields Project
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