Forrestania acquires Hyden Gold Project in Australia

Forrestania Resources has acquired afloat ownership of Hyden Project Holdings, securing the Hyden Gold Project on with the Lady Magdalene and Lady Ada projects successful Western Australia.

This follows the enactment completion announced successful August 2025, with an hold to the enactment statement announced successful November 2025.

The acquisition includes respective golden tenures, encompassing M77/1310, E77/2207, E77/2219, E77/2220, E77/2239, E77/2460, E77/2711 and P77/4534.

The Hyden Gold Project is situated astir 120km southbound of Southern Cross and 17km south-west of the Bounty Mine site.

These deposits are located astatine the bluish extremity of the Forrestania greenstone belt, extending southbound from the north-south trending Southern Cross greenstone belt.

This loop stretches 300km successful magnitude and 40km successful width, bounded by Archaean granitoid and gneiss formations.

It is intersected by east-trending Proterozoic doleritic dykes and features intrusions of granite and pegmatite.

The Hyden Gold Project comprises a Joint Ore Reserves Committee (JORC)-compliant mineral assets of 6.95 cardinal tonnes (mt) astatine a people of 1.33 grams per tonne (g/t) gold, amounting to 297,500oz of gold.

The Lady Magdalene Project holds 5.6mt astatine 1.32g/t golden for 237,400oz and the Lady Ada Project contains 1.35mt astatine 1.39g/t golden for 60,161oz.

Overall, Forrestania's JORC-compliant mineral resources present see 23.08mt astatine 1.22g/t gold, equating to 907,000oz of gold.

Mining operations astatine the Lady Ada (Blue Haze) pit began successful December 2002 and ended successful May 2003.

Lady Magdalene, situated little than 100m northbound of the Lady Ada mineralisation and astir 300m from the Lady Ada pit, has not yet been mined.

Forrestania Resources president David Geraghty said: “Completion of the Hyden Project acquisition further consolidates Forrestania’s presumption wrong the Forrestania hub, adding a important mineral assets basal successful adjacent proximity to the company’s Lake Johnston processing facility.

“This acquisition represents an important measurement successful the company’s evolution, securing a task with an established mineral assets and wide exploration upside.”

"Forrestania acquires Hyden Gold Project successful Australia" was primitively created and published by Mining Technology, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.