Zenith Minerals

𝗔𝗦𝗫 𝗔𝗡𝗡𝗢𝗨𝗡𝗖𝗘𝗠𝗘𝗡𝗧: 𝗙𝗼𝗿𝗿𝗲𝘀𝘁𝗮𝗻𝗶𝗮 𝗔𝘄𝗮𝗿𝗱𝘀 𝗧𝘆𝗰𝗵𝗼 𝗢𝗽𝗲𝗻 𝗣𝗶𝘁 𝗠𝗶𝗻𝗶𝗻𝗴 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 Forrestania Resources has awarded the Tycho Open Pit mining contract to MEGA Resources following a competitive tender process. MEGA is a WA-based, end-to-end mining services provider with in-house expertise across mining, engineering and geology, supported by a modern, self-owned mining fleet and the international Bain/BGR group’s more than 30 years of operational experience. The seven-month Stage 1 campaign will cover drill and blast, mining, haulage, ore delivery and associated services—marking another important step in FRS’s transition into mining operations and towards first gold production. David Geraghty, Executive Chairman, commented: “Following a competitive tender process, MEGA demonstrated the experience, capability and operational approach required to successfully execute the Tycho mining campaign. We are pleased to partner with MEGA and look forward to working closely with their team to safely and efficiently deliver the Tycho project and unlock value for Forrestania shareholders." David Geraghty Daniel Raihani Brett Hodgins Mark Di Silvio Kiran Visireddy Read full announcement here: https://lnkd.in/gxMkTDwD #FRS #ForrestaniaResources #TychoGoldProject #GoldMining #MiningContract #ASXNews

A major milestone at our Lake Johnston processing facility, with the first concrete poured for the new CIL circuit. Footings for four of the ten tanks are advancing ahead of the next 900 cubic meter concrete pour. The works are being delivered by Flanco Pty Ltd, with oversight from Polaris Engineering Services Pty Ltd. With approximately 100,000 tonnes of British Hill gold ore already stockpiled on the ROM pad, Lake Johnston continues to move closer to its planned first gold pour later this year. #FRS #Gold #WAMining #ASX #LakeJohnston #majormilestone

Another major milestone has been reached at Forrestania Resources' Lake Johnston Processing Facility. The first of 10 Carbon-in-Leach (CIL) tanks has now been completed by Polaris Engineering Services Pty Ltd and has departed Henderson, with Nesstrans Logistics (WA) Pty Ltd safely hauling the tank to Lake Johnston for installation. It's another important step in the redevelopment of the processing facility as Forrestania advances toward commissioning and gold production. Watch the latest project update below. #ASX #FRS #Gold #LakeJohnston #Mining #GoldProcessing #PolarisEngineeringServices #NessTransportandLogistics

Forrestania Resources has announced the acquisition of the Edna May Gold Project from Ramelius Resources Limited Resources adding a second gold processing hub and significantly expanding the Company's growing gold resource base. Combined with the Lake Johnston Processing Facility, Forrestania is targeting more than 6Mtpa of processing capacity, creating a dual hub strategy with the scale and flexibility to support its transition to a significant West Australian gold producer.  Watch the latest video update. David Geraghty Brett Hodgins Daniel Raihani #Gold #Drilling #ASXNews $FRS #ASXGold #GoldStocks #GoldMining #GoldExploration #ResourceStocks #SmallCaps #WAmining #Forrestania

ASX RELEASE: Acquisition of Edna May Gold Project Forrestania Resources has announced a transformational acquisition, agreeing to acquire the Edna May Gold Project from Ramelius Resources, significantly advancing the Company's strategy to build a leading Western Australian gold producer. The acquisition adds a second processing hub to Forrestania's growing portfolio, including the 2.9Mtpa Edna May processing plant, established infrastructure and a 945,000-ounce JORC Mineral Resource, creating a powerful platform for future production growth. With the ongoing redevelopment of the Lake Johnston Processing Facility, Forrestania is building a dual hub-and-spoke operating model designed to maximise operational flexibility, unlock regional synergies and accelerate the pathway to production across its expanding Western Australian gold portfolio. The Company is targeting the restart of the Edna May Mill in the first half of 2027, with ore expected to be sourced initially from Forrestania's existing nearby mineral resources while longer-term mining opportunities are assessed. To fund the acquisition, Forrestania has launched a A$300 million two-tranche capital raising, with proceeds to fund the A$200 million cash component of the transaction and support completion of the acquisition. The Company expects to emerge from its trading halt following completion of the capital raising on Wednesday, 1 July 2026.   Forrestania’s Chairman David Geraghty commented: “This transaction upholds Forrestania’s strategy to consolidate the proven and prospective gold assets in the Forrestania region. Approximately 12 months ago, Forrestania embarked on an aggressive M&A strategy to consolidate stranded high-quality gold assets and underexplored tenure surrounding Edna May. This strategy has been incredibly successful and set Forrestania up for today’s acquisition. Forrestania believes it has the proven development and delivery team that is ready to refurbish, upgrade and commission the 2.9Mtpa Edna May Mill going forward. This work will be completed in conjunction with Forrestania’s commissioning of Lake Johnston which is on-track for late 2026. Forrestania is at an exciting juncture as it now has the growing resource base and the processing infrastructure to deliver on its gold production strategy.” David Geraghty Brett Hodgins Daniel Raihani 🔗  Read full announcement:  https://lnkd.in/ghD76WPh #Gold #Drilling #ASXNews $FRS #ASXGold #GoldStocks #GoldMining #GoldExploration #ResourceStocks #SmallCaps #WAmining #Forrestania

ASX RELEASE: Acquisition of Edna May Gold Project Forrestania Resources has announced a transformational acquisition, agreeing to acquire the Edna May Gold Project from Ramelius Resources, significantly advancing the Company's strategy to build a leading Western Australian gold producer. The acquisition adds a second processing hub to Forrestania's growing portfolio, including the 2.9Mtpa Edna May processing plant, established infrastructure and a 945,000-ounce JORC Mineral Resource, creating a powerful platform for future production growth. With the ongoing redevelopment of the Lake Johnston Processing Facility, Forrestania is building a dual hub-and-spoke operating model designed to maximise operational flexibility, unlock regional synergies and accelerate the pathway to production across its expanding Western Australian gold portfolio. The Company is targeting the restart of the Edna May Mill in the first half of 2027, with ore expected to be sourced initially from Forrestania's existing nearby mineral resources while longer-term mining opportunities are assessed. To fund the acquisition, Forrestania has launched a A$300 million two-tranche capital raising, with proceeds to fund the A$200 million cash component of the transaction and support completion of the acquisition. The Company expects to emerge from its trading halt following completion of the capital raising on Wednesday, 1 July 2026.   Forrestania’s Chairman David Geraghty commented: “This transaction upholds Forrestania’s strategy to consolidate the proven and prospective gold assets in the Forrestania region. Approximately 12 months ago, Forrestania embarked on an aggressive M&A strategy to consolidate stranded high-quality gold assets and underexplored tenure surrounding Edna May. This strategy has been incredibly successful and set Forrestania up for today’s acquisition. Forrestania believes it has the proven development and delivery team that is ready to refurbish, upgrade and commission the 2.9Mtpa Edna May Mill going forward. This work will be completed in conjunction with Forrestania’s commissioning of Lake Johnston which is on-track for late 2026. Forrestania is at an exciting juncture as it now has the growing resource base and the processing infrastructure to deliver on its gold production strategy.” David Geraghty Brett Hodgins Daniel Raihani 🔗  Read full announcement:  https://lnkd.in/ghD76WPh #Gold #Drilling #ASXNews $FRS #ASXGold #GoldStocks #GoldMining #GoldExploration #ResourceStocks #SmallCaps #WAmining #Forrestania

A $93.5 million gold takeover bid is now on the table in Western Australia. Forrestania Resources Ltd has launched a recommended off-market scrip takeover for Zenith Minerals , with the strategic focus on Zenith’s Consolidated Dulcie Gold Project in the Forrestania Belt. Under the offer, Zenith shareholders would receive 1 Forrestania share for every 4.3 Zenith shares held. Dulcie currently has a JORC inferred resource of 21.3 million tonnes at 1.0 g/t gold for 675,000 ounces across a roughly 6 kilometre mineralised corridor. If completed, the deal would create a larger WA-focused gold exploration and development company across the Forrestania, Southern Cross and Eastern Goldfields belts. Maps powered by Esri. #Mining #Gold #WesternAustralia #FIFO #Resources