JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Forrestania Resources Limited

FRS·$0.30·$409M cap
GoldForrestania Hub (Lady Lila, North Ironcap, British Hill), Southern Cross Greenstone Belt, WA Map

Forrestania Resources is a WA-focused gold (and lithium-prospective) explorer whose flagship, per the company's own project page, is the Forrestania Hub -- a district-scale ~100km position on the Southern Cross Greenstone Belt combining three JORC-resourced deposits: Lady Lila (40,513oz Au, 7km SW of the Bounty gold mine), North Ironcap (105,953oz Au, south of Southern Cross), and British Hill (54,625oz Au, 60km SSE of Marvel Loch) -- a combined ~201,091oz Au. The company also holds lithium prospects near Mt Holland (results incl. 10m at 1.5% Li2O from 74m at Gemcutter/Giant, adjacent to IGO/Covalent Lithium's Mt Holland operation), not modeled this pass. Separately, FRS has been on a rapid, equity-funded acquisition run through 2026: it acquired the Hyden Gold Project (including the Johnson Range deposit, upgraded to 130,730oz Au in 2026, and the Tycho deposit with its own newly announced MRE) and a further gold exploration project from Midas Minerals (completed 21 Jul 2026, ~A$1.5M in scrip). Company-wide global resource inventory across all these assets combined has been reported at roughly 907,000oz Au, but Johnson Range/Tycho/Midas are deliberately NOT blended into this pass's Forrestania Hub figures -- flagged as separate, not-yet-modeled assets rather than guessed or combined. Share price +1,050% over the trailing year per Kalkine (as of mid-2026).

Notable vs. Peers

  • Jurisdiction risk score of 10/10 is meaningfully safer than the peer average of 7.8/10.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
Thin runwayWell-capitalized
10/10
High riskLow risk
How this is calculated
2.2/10
Weaker depositStronger deposit
7.4/10
Weaker profileStronger profile
Price Chart
$0.12$0.141$0.452$0.385$0.303AugNovFebJunSep2
Aug 12, 2025Sep 4, 2026
News
$0.30
+195.2%from low-41%from high
$0.10$0.51
See who ↓
38%
Low alignmentHigh alignment
See who ↓
0%
Low alignmentHigh alignment
$409M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.30 - AUD 0.42
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$409M
Far belowFar above
$26.9M median
1.6B
Far aboveFar below
172.1M median
Jurisdiction
Australia
272,756 oz
Far belowFar above
1.3M median
$1,499.54/oz
Far aboveFar below
$157.18/oz median
Cut-off: 0.5 g/t Au (uniform cutoff across British Hill, Lady Lila, and North Ironcap deposits)
This company's data hasn't been researched yet
Open pit (Forrestania Hub gold deposits, WA greenstone-hosted)
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
38%
0%100%
19.1% median
0%
0%100%
3% median
274 kmfrom Newmont Corporation's Boddington
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
3.4/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+27.6% since 2026-08-08

Your Rankings

Community Sentiment
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Management Team

Executive Chairman of Forrestania Resources Limited; 30 years' industry experience including 21 years at Mineral Resources Ltd; qualified metallurgical engineer.

Company Secretary of Forrestania Resources Limited; qualified finance professional with 30+ years' experience including senior roles at Woodside Energy and Centamin Plc.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

Checked thoroughly: institutional ownership is negligible and no named specialist is on record. Non-Executive Chairman David Geraghty bought stock on the open market repeatedly through the year, the only insider activity found -- one distinct insider, not enough on its own for the higher band.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.