en.Wedoany.com Reported - AIM-listed energy transition company Forgent has received approval from the Department of Mines, Petroleum and Exploration for its Program of Work (PoW), covering the company's initial drilling campaign at the Peak Hills gold/copper project in Western Australia. This approval marks a significant operational milestone as the Ireland-based enterprise transitions from project evaluation to field exploration.

Forgent believes the Peak Hills project offers an opportunity to unlock value through a combination of shallow mineralization targets, encouraging historical gold-copper results, and proximity to existing regional processing infrastructure. The initial Phase 1 program will employ low-cost air-core drilling, targeting multiple high-priority prospects at Karalundi, Junction, and Curleys. The program aims to verify historical exploration results, extend known mineralization zones, and identify additional mineralized zones across the project area.

The approved work program permits drilling up to 750 holes across the project area, providing significant flexibility for subsequent exploration. Each hole is expected to have a maximum depth of 100 meters. The company's initial drilling campaign is expected to include approximately 35 holes, totaling 2,300 meters, with an estimated cost of A$200,000.

Forgent CEO James Parsons stated that Peak Hills represents exactly the type of opportunity the company seeks to advance: a large-scale project with encouraging historical results, low-cost exploration opportunities, and existing nearby infrastructure. He noted that obtaining these approvals enables the team to move from planning to execution, with drilling expected to commence this summer.

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