Market Alert: Global Markets May Rebound Amid Signs of U.S. Economic Resilience
Forrestania Resources Limited (ASX: FRS) has commenced third-phase drilling at its Ada Ann and Lady Lila prospects in Western Australia, marking a key step in expanding its gold resource base. The Ada Ann program, part of the Bonnie Vale Project near Coolgardie, targets extensions of the existing 231,600-tonne inferred JORC resource grading 1.67g/t Au for 12,419 ounces. Lady Lila, within the newly granted M77/1325 mining lease, hosts a 1.2Mt resource at 1.03g/t Au for 40,513 ounces. Both programs aim to test mineralisation along strike and at depth, supporting future resource growth.
Located near the prolific Bounty and Mungari gold hubs, these projects strengthen Forrestania’s strategy to establish a multi-asset gold portfolio across the Eastern Goldfields, Southern Cross, and Forrestania regions. The company continues to build momentum through disciplined exploration and selective acquisitions to enhance shareholder value.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 20, 2025
Oct 17, 2025
Oct 17, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.