
Westonia
GOLD PROJECT
Location
Located at Westonia in the Southern Cross region, WA
Acquisition of four granted exploration licences (E77/2756, E77/2766, E77/3234, E77/3237)
Adjacent to the operating Edna May Gold Mine
Adds to Forrestania’s broader portfolio across the Forrestania, Southern Cross & Eastern Goldfields
Strategic Value
Consolidates high-quality gold ground in a proven mining district
Positioned near existing infrastructure
Aligns with Forrestania’s goal to become a major gold player in Southern Cross
Staged acquisition terms: $500k cash upfront, plus $1 million on delineation of 100,000 oz of gold Inferred MRE JORC
Burracoppin
GOLD PROJECT
JORC 2012 MRE at 0.55g/t Au cutoff
*Source: ASX:AS2 Release - Impressive Gold Resource Update at Burracoppin Gold Project, 11 February 2025
Forrestania Resources Limited has entered into an agreement to acquire the Burracoppin Gold Project. The Mineral Resource Estimate (MRE) shown above was previously reported by the ASX:AS2 in its ASX announcement dated 11 February 2025, prepared in accordance with the JORC Code (2012). This MRE has not yet been reported or adopted by the Company under the JORC Code. The Company will undertake its own review and report the MRE following completion of the acquisition.
Exploration Potential
7 exploration licences and 1 exploration license application
Mineral Resource – Mineralisation occurs over three separate zones. Current JORC MRE of 2.143Mt@1.2g/t Au for 82,700 ounces of gold at a cut off grade of 0.55 g/t Au.
Consolidation opportunity – Additional license application submitted (E70/6753) links northern tenements and covers the Crossroads prospect (JV with IGO where drilling confirmed gold), enhancing geological continuity and discovery potential.
Strategic Value
Prime Location: Situated 27km east of the Ramelius Resources’ Edna May Gold Mine, close to existing mines, services, and infrastructure.
Portfolio enhancement: Strengthens Forrestania’s overall WA project holdings and regional presence.
Acquired FWG tenure and FRS exploration license application.