Forrestania Resources updates its Lady Lyla gold deposit near Southern Cross in Western Australia, reporting a 37% increase in gold grade to 1.41 grams per tonne (g/t). The company says the grade uplift adds 41,700 ounces to its gold inventory associated with the project. Across coverage, the revision is described as part of Forrestania’s expanding “million-ounce” WA global gold inventory. One outlet also adds detail on the composition of the update, stating it includes a maiden indicated resource of 25,500 ounces, alongside the overall increase in contained gold. Other sources focus on the headline metrics—grade rising to 1.41 g/t and the resulting addition of 41,700 ounces—without extending on resource classification. The reports present the announcement as a positive re-estimation of the deposit’s resource parameters, based on Forrestania’s updated modelling and resource work for Lady Lyla, and they characterize the change as strengthening the scale of the company’s WA gold holdings.
Forrestania increases grade at Lady Lyla gold deposit, lifting WA resource
Forrestania Resources updates its Lady Lyla gold deposit near Southern Cross in Western Australia, reporting a 37% increase in gold grade to 1.41 grams per tonne (g/t). The company says the grade upli...
- Forrestania increases the Lady Lyla gold deposit grade by 37%.
- The updated Lady Lyla grade is reported as 1.41 g/t.
- The update adds 41,700 ounces to the company’s gold inventory for the project.
- The deposit is located near Southern Cross in Western Australia.
- One report states the update includes a maiden indicated resource of 25,500 ounces.
Forrestania has boosted its Lady Lyla gold deposit with a 37% grade lift to 1.41 g/t, adding 41,700 ounces to the company’s growing million-ounce WA global gold inventory.
3 months agoForrestania has boosted its Lady Lyla gold deposit with a 37% grade lift to 1.41 g/t, adding 41,700 ounces to the company’s growing million-ounce WA global gold inventory.
3 months agoForrestania has boosted its Lady Lyla gold deposit with a 37% grade lift to 1.41 g/t, adding 41,700 ounces to the company’s growing million-ounce WA global gold inventory.
3 months agoForrestania Resources has boosted the grade of its Lady Lyla gold deposit near Southern Cross by 37% to 1.41g/t. The update adds 41,700 ounces and includes a maiden indicated resource of 25,500 ounces.
3 months ago
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