Forrestania Resources (ASX:FRS) kickstarted a follow-up reverse circulation drilling program at the Ada Ann prospect within its Bonnie Vale project in Western Australia, according to a Thursday filing with the Australian bourse.
The company aims to test depth and strike extensions to further confirm and expand the mineralization potential identified in its maiden drilling program.
The mineral explorer's shares surged past 21% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.