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Forrestania Nickel-Lithium-Gold Project, Western Australia

Highlights

  • 203km2, 100% Ni & Li, 20% free carried Au.
  • Covers the well-endowed Forrestania Greenstone Belt including combined 65km strike of nickel-bearing ultramafic units.
  • Adjacent to high-grade Flying Fox and Spotted Quoll mines, +1million ounce Bounty Gold Mine and Earl Grey Lithium deposit.
  • +300,000 ounce gold resource (Hannans 20%).

The Forrestania Project is centred on the Forrestania Greenstone Belt which hosts some of the worlds highest-grade nickel mines as well as world-class lithium and gold deposits. The nickel sulphide endowment of the ultramafic belts is remarkable having four mines with two open pits with nickel sulphides persisting beyond 1 km depth.

Located approximately 120km south of Southern Cross and 80km east of Hyden, in the Goldfields region of Western Australia, the Project consists of 10 tenements (9 granted and 1 application) held 100% by Hannans, with Classic Minerals Limited holding 80% of gold rights on selected tenements. The total area held is approximately 203km2.

All the mineralised belts that host the mines, resources, and prospects at Forrestania are represented within the Hannans ground package, particularly the Western Ultramafic Belt that contains the highest-grade nickel deposits.

The Forrestania Gold Project (20% Hannans) contains a 311,050 ounce gold resource. Hannans is free-carried until a decision to mine has been made by the project operator.

The value of Hannans’ Forrestania Project is further demonstrated by the recent $1.2B acquisition of the adjoining Western Areas Limited mines & tenure by IGO limited.

Much of the Project tenure remains underexplored and hence there is excellent potential for nickel sulphide, lithium and gold discoveries.

LATEST ANNOUNCEMENTS

October 3, 2023 Classic Minerals Purchases Forrestania Tenements (CLZ)
October 3, 2023 Sale of Forrestania Project
March 10, 2022 Forrestania Gold Update
Forrestania Project location
Forrestania Project location
Forrestania Project geology
Forrestania Project geology
Project magnetics
Project magnetics