Forrestania Resources LimitedASX: FRS

Johnson Range Pre-Feasibility Study and Ore Reserve

· Issued by Forrestania Resources Limited

Filed with ASX · · 59 pages · English and French

Summary by 6ix AI

Forrestania Resources Limited has released a Pre-Feasibility Study and Ore Reserve report for the Johnson Range project, highlighting a near-term gold production opportunity leveraging existing infrastructure. The study estimates a significant Ore Reserve, fully underpinning the production target, with a projected pre-tax cash flow from the project. Chairman David Geraghty emphasized the strategic advantages of the project, including granted mining tenure and established regional infrastructure. The report includes detailed parameters of the Ore Reserve and outlines the project's potential for resource conversion and mine life extension.

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