en.Wedoany.com Reported - Forrestania Resources has obtained high-grade gold drilling results at its Mt Palmer gold project in Western Australia, as the company continues to expand the scale of its two major hubs at Forrestania and Southern Cross.

The latest reverse circulation (RC) drilling program was carried out at the K1 and K2 prospects at Mt Palmer, completing a total of 38 holes for 2,564 metres. The company reported multiple shallow, high-grade intercepts. Key results include: hole 26MPRC0002 intersected 6 metres at 7.60 g/t gold from 3 metres, including 1 metre at 19.67 g/t gold from 5 metres and 1 metre at 10.77 g/t gold from 7 metres.

Other results include: 7 metres at 2.62 g/t gold from 26 metres; 18 metres at 1.91 g/t gold; 15 metres at 1.82 g/t gold from 8 metres; and 2 metres at 2.57 g/t gold from 59 metres, including 1 metre at 14.37 g/t gold from 60 metres. In addition, the K5 prospect (formerly known as West Lode) also features historical high-grade intercepts, including 2 metres at 7.78 g/t gold from 16 metres, and 2 metres at 18.08 g/t gold from 23 metres.

Forrestania Chairman David Geraghty said these results strengthen the company's view on the potential of Mt Palmer. He stated: "The recent drilling at the K1 and K2 prospects at Mt Palmer has delivered significant and encouraging results, extending earlier historical drilling programs and reported results. Forrestania will continue with systematic further drilling programs at Mt Palmer to advance the confirmed extensions and deepen the geological understanding as we expand the scale and potential of the mineral resource estimate." He believes these results enhance the company's understanding of the project, which is located in close proximity to the Lake Johnston processing facility.

Mt Palmer is located approximately 15 kilometres east of Marvel Loch in the Shire of Yilgarn. Forrestania acquired an initial 80% interest in the project through the acquisition of Kula Gold in January 2026. Previously, the company recently completed an option to acquire a 100% interest in Hyden Project Holdings, thereby gaining full ownership of the Hyden gold project in Western Australia. This acquisition added a mineral resource of 6.95 million tonnes at 1.33 g/t gold for 297,500 ounces, bringing Forrestania's total mineral resources across the Southern Cross and Forrestania greenstone belts to 23.08 million tonnes at 1.22 g/t gold for 907,000 ounces.

Forrestania stated that its overall strategy is focused on building a portfolio of gold projects in key mining districts of Western Australia, including the Southern Cross, Eastern Goldfields, and Forrestania regions.

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