Forrestania Resources Limited
AASX:FRS0.33
AUD
-0.02
(-7.14%)
ISIN
AU0000171621
Return %
Stock
S&P 500
1Y
44.44
14.20
3Y
828.57
81.12
5Y
-12.16
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- David Geraghty
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Level 3 Subiaco WA Australia 6000
- IPO Date
- Sep 28, 2021
- Website
- forrestaniaresources.com.au
- Similar Companies
- Business
- Forrestania Resources Limited (ASX:FRS) is an Australian mineral exploration company focused on gold, lithium, nickel, and copper deposits within Western Australia's prolific greenstone belts; its core projects encompass the Forrestania region near Hyden hosting gold, lithium, and nickel prospects proximal to Mt Holland lithium mine and historic Bounty gold deposit, the Westonia gold project with an 82,700oz resource in the goldfields, the Southern Cross region for gold and lithium surrounding key tenements, the Bonnie Vale gold project adjacent to Evolution Mining's 5Moz Mungari operation featuring the Ada Ann prospect with upgraded maiden mineral resource estimate and high-grade extensions, and the Eastern Goldfields region including Breakaway Dam and Menzies prospects prospective for gold, copper, lithium, and rare earths across approximately 1,800 square kilometers of tenure. Founded in 2021 and headquartered in West Perth, the company targets institutional investors and mining partners through systematic exploration, resource delineation, and portfolio consolidation in the Yilgarn Craton's Eastern Goldfields, Southern Cross, and Forrestania districts. Recent developments include the completion of the North Iron Cap Pty Ltd acquisition in November 2025 issuing over 42 million shares valued at AUD10.6 million to bolster nickel exposure, strategic purchase of Horizon Minerals' Lake Johnston nickel-lithium assets for AUD35 million in cash and shares targeting January 2026 close, an off-market takeover bid for Kula Gold announced November 2025 to acquire Westonia project enhancing gold resources, acquisitions of IMD Gold Pty Ltd, First Western Gold Pty Ltd alongside North Iron Cap, Lady Lila and Ada Ann resource upgrades, an AUD8.61 million strategic placement, and board appointments of David Geraghty as Chairman and Adam Turnbull as Non-executive Director to drive expansion.