The acquisition boosts Forrestania’s JORC-compliant gold resources to 23.08 million tonnes at 1.22 g/t, totaling 907,000 ounces.
Forrestania Resources has completed the acquisition of Hyden Project Holdings, gaining full ownership of the Hyden Gold Project and adjacent deposits in Western Australia. The deal includes 6.95 million tonnes of JORC-compliant gold resources at 1.33 g/t, equating to 297,500 ounces of gold.
The Hyden Gold Project, located 120km south of Southern Cross, adds to Forrestania’s existing mineral resources, which now total 23.08 million tonnes at 1.22 g/t gold. The acquisition follows an option agreement extension announced in November 2025 and includes additional projects like Lady Magdalene and Lady Ada.
The Forrestania greenstone belt, spanning 300km, hosts the deposits, which are intersected by Proterozoic doleritic dykes and granitoid formations. Mining operations at the Lady Ada pit began in December 2002.