Forrestania Resources LimitedASX: FRS

Edna May Pre-Feasibility Study and Ore Reserve

· Issued by Forrestania Resources Limited

Filed with ASX · · 56 pages · English

Summary by 6ix AI

Forrestania Resources Limited has released a Pre-Feasibility Study and Ore Reserve report for the Edna May project, highlighting a significant gold development opportunity supported by a maiden Ore Reserve estimate. The report indicates a long-life operation with a substantial estimated free cash flow over the project's lifespan, underpinned entirely by Probable Ore Reserves. Chairman David Geraghty emphasized the strong technical and economic basis for redeveloping the Edna May operation, leveraging existing infrastructure and a proven processing facility. The Ore Reserve has been independently verified and is compliant with the JORC Code, ensuring a robust foundation for future production planning.

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