Key Highlights

  • Forrestania Resources (ASX:FRS) received assays from 19 additional RC holes totalling 4,246 metres at its British Hill gold deposit.
  • The drilling intersected mineralisation on the eastern limb, including 17 metres at 1.32 g/t gold from 114 metres and 16 metres at 5.77 g/t gold from 12 metres.
  • The highest-grade interval reported is short, at 2 metres at 13.36 g/t gold from 231 metres.
  • Chairman David Geraghty said the results reinforce confidence in British Hill, which the company describes as a potentially valuable near-term gold development asset.

Forrestania Resources Ltd (ASX:FRS) reported on 9 November 2026 that assays from 19 additional reverse circulation holes at its British Hill gold deposit in Western Australia had returned significant gold mineralisation. The company says the results show that high-grade gold continues across the deposit and extends onto the eastern limb. The results form part of an ongoing drilling campaign that the company is using to build on its existing resource base.

What the Drilling Intersected

Thirteen significant intersections from the new holes are listed. Examples include 17 metres at 1.32 g/t gold from 114 metres in hole 26BHRC0049, 11 metres at 4.19 g/t gold from 210 metres in hole 26BHRC0046, and 9 metres at 5.48 g/t gold from 202 metres in hole 26BHRC0050. Several of the highest grades appear in intervals of only two to four metres, such as 4 metres at 5.42 g/t gold from 199 metres.

Because many of the highest-grade intervals are short, their contribution to the overall grade of a potential Mining zone depends on how continuous the mineralisation proves to be. The results are presented as evidence of mineralisation across the deposit rather than as a complete grade model.

Link to the Updated Resource Estimate

The same day, Forrestania released an updated Mineral Resource Estimate for British Hill of 5.64 million tonnes at 1.58 g/t gold for 286,300 ounces, at a 0.5 g/t gold cut-off. The company says the estimate is 35% higher than its previous estimate, which came six weeks earlier, after the inclusion of the 19 new holes.

The Indicated category, which carries higher geological confidence, rose to 3.86 million tonnes at 1.61 g/t gold for 199,800 ounces, a 45% increase on the previous estimate. Indicated material now accounts for about 70% of the contained ounces.

Readers tracking the project can compare future assay batches with the holes already reported. The resource growth reported this year rests on the consistency of grades across new holes, so the stability of those grades will matter as much as the size of individual intersections. Assays from the diamond rig and the two RC rigs will show whether the eastern limb continues along strike, which the company identifies as a target for extensions. Because the highest-grade intervals are narrow, the grade of any eventual mining block would depend on how the mineralisation is shaped and how it is mined, questions that sit outside the scope of this article.

Risks and Open Questions

No economic study or development decision is included, so the description of British Hill as a development asset reflects the chairman’s view rather than a completed technical assessment. Drilling is continuing with two RC rigs and one diamond rig targeting extensions along strike and down dip, and the outcome of those programs is not yet known.

The resource growth reported this year has come from successive drilling updates in a relatively short period. Future results could confirm or limit the size of the deposit, and the company has not yet indicated how long the program will run or the cost of the next phase.

Final Word

Forrestania’s latest results add to a steady run of drilling updates at British Hill, and the increase in higher-confidence resources is the most measurable outcome so far. Whether the eastern limb mineralisation proves continuous enough to move the project toward a development decision remains unresolved. The next signals will come from further assays and any updated resource or study work.

For shareholders, the practical measure of progress is whether later assay batches keep extending the eastern limb mineralisation at comparable grades, and whether the company converts that work into a further resource update.