Forrestania fast-tracks WA gold production for December

The West Australian10-16

Emerging gold producer Forrestania Resources has hit a series of critical milestones at its Edna May operation in Western Australia, putting the company on a fast track to restart gold production in ...

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Critical mill liners are en route, and its tailings facility is nearing completion.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","RING":"iShares MSCI Global Gold Miners ETF","02840":"SPDR金","GLDY":"Defiance Gold Enhanced Options Income ETF","GLD":"黄金ETF-SPDR","GLL":"2倍做空黄金ETF-ProShares","GDMN":"WisdomTree Efficient Gold Plus Gold Miners Strategy Fund","DGZ":"做空黄金ETN(德银)","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","UGL":"2倍做多黄金ETF-ProShares","KGLD":"Kurv Gold Enhanced Income ETF","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","SGOL":"Abrdn Gold ETF Trust","IGLD":"FT Vest Gold Strategy Target Income ETF®","NUGT":"二倍做多黄金矿业指数ETF-Direxion","BTGD":"STKD Bitcoin & Gold ETF","DBC":"商品指数ETF-PowerShares DB","OUNZ":"VanEck Merk黄金股票基金","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","UYM":"基础材料指数ETF-ProShares两倍做多","GLDM":"SPDR Gold MiniShares Trust","YGLD":"Simplify Gold Strategy PLUS Income ETF","GBUG":"Sprott Active Gold & Silver Miners ETF","PPI":"AXS Astoria Real Assets ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","SGDM":"Sprott Gold Miners ETF","GDX":"黄金矿业ETF-VanEck","DGP":"二倍做多黄金ETN(PowerShares)","PHYS":"Sprott Physical Gold Trust","AUMI":"THEMES GOLD MINERS ETF","DZZ":"德银黄金两倍做空ETN","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","IAU":"黄金信托ETF-iShares","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","PICK":"iShares MSCI Global Metals & Mining Producers ETF","BAR":"GraniteShares Gold Shares","GOLY":"Strategy Shares Gold Enhanced Yield ETF","GDXJ":"小型黄金矿业ETF(Market Vectors)","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","JNUG":"金矿指数二倍做多ETF","JDST":"金矿指数二倍做空ETF","AAAU":"Goldman Sachs Physical Gold ETF","IAUI":"NEOS Gold High Income ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","XME":"金属与采矿指数ETF-SPDR","CEF":"Sprott Physical Gold & Silver Trust","IAUM":"ISHARES GOLD TRUST MICRO","USG":"USCF Gold Strategy Plus Income Fund","GDXY":"YieldMax Gold Miners Option Income Strategy ETF"},"translate_title":"Forrestania 快速跟踪 12 月份西澳黄金产量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02840":1.5,"BAR":1.5,"JDST":1.5,"YGLD":0.6,"GLDY":0.6,"DGZ":0.6,"DUST":1.5,"IAUM":1.5,"PHYS":1.5,"OUNZ":1.5,"UYM":1.5,"BTGD":1.5,"GOAU":1.5,"FGDL":1.5,"GBUG":1.5,"GLDM":1.5,"DBC":1.5,"AUMI":1.5,"GDXJ":1.5,"GLD":0.6,"AAAU":1.5,"DULL":1.5,"IAU":1.5,"GDMN":1.5,"KGLD":0.6,"DZZ":1.5,"IAUI":1.5,"USG":1.5,"UGL":1.5,"SGDM":1.5,"BEGS":1.5,"GOLY":1.5,"IGLD":0.6,"PICK":1.5,"PPI":1.5,"GLL":1.5,"NUGT":0.6,"RING":1.5,"SHNY":1.5,"GLTR":1.5,"XME":1.5,"GDXU":1.5,"BGLD":0.6,"GDXY":1.5,"CEF":1.5,"JNUG":1.5,"GDX":1.5,"GDXD":1.5,"SGOL":1.5,"DGP":1.5},"content_text":"Emerging gold producer Forrestania Resources has hit a series of critical milestones at its Edna May operation in Western Australia, putting the company on a fast track to restart gold production in mid-December. As a tangible sign of production readiness, the company has confirmed first ore from its Johnson Range mine has been delivered to the Edna May run-of-mine pad.The company says its project execution risk has been materially reduced, with a new mill liner shipment underway for a late-November arrival and the first cell of its tailings storage facility nearing completion. Western Australia has a tightly regulated tailings framework, where new cells, lifts and substantial facility changes are subject to formal approvals, monitoring and risk controls.While all eyes are on the imminent Edna May restart, Forrestania is also pushing ahead with its second strategic processing hub at Lake Johnston, slated for commissioning and production in early 2027. The company says key refurbishment and procurement activities are progressing well at the site, highlighted by the hot commissioning of the gold elution circuit, which is now underway. Other major components, including the motor control centre assembly and a locally bought conveyor, are in transit, while concrete works and screen tower refurbishment are also ticking along.Forrestania’s restart timetable is emerging against a strong Australian gold backdrop with spot prices consolidating around A$6000 per ounce. That environment is supporting investment in restarts, mill upgrades and new production, with national gold output forecast to grow from 293 tonnes in FY2026 to 369 tonnes in FY2027, a massive increase of 26 per cent, according to forecasts cited by the Minerals Council of Australia.The company’s progress is showcased by a hive of activity on the ground. Management has confirmed mining contractor equipment has been mobilised to its Tycho and Johnson Range mines, which will provide the initial ore feed for the Edna May mill. Site clearing is also underway at Johnson Range, while final critical-path maintenance and refurbishment work is progressing at the Edna May plant itself ahead of the restart.Over recent weeks Forrestania has achieved several critical milestones that have significantly improved the outlook for a near-term restart of operations at Edna May. The tailings lift and mill liner delivery schedules have both advanced materially, reducing project execution risk and creating a credible pathway to first gold production before the end of 2026.Forrestania Resources executive chairman David GeraghtyThe restart of Edna May will mark a major milestone in Forrestania’s strategy to build a leading Western Australian gold business through a classic hub-and-spoke model. The company has been busily assembling a significant inventory of ore sources to feed its two processing hubs, building a global mineral resource inventory that now tops two million ounces.That tally includes the recently acquired Tampia project, where a 223,300-ounce resource has already been defined. In a neat piece of operational history, Tampa’s previous owner, Ramelius Resources, previously trucked ore from the deposit to the very same Edna May plant Forrestania now owns.The company’s portfolio also includes a 285,700-ounce resource at its Lady Ada and Lady Magdalene deposits, which have a history of high-grade, nuggety gold and the 212,400-ounce British Hill deposit, from which ore has already been stockpiled at the Lake Johnston plant ahead of its restart.With first ore on the ground at Edna May and critical components in transit for Lake Johnston, Forrestania is lighting up both ends of its ambitious two-hub strategy. As the final pieces fall into place for a pre-Christmas restart at its first production hub, Forrestania’s second is also making rapid progress towards a 2027 start-up.The company’s two-hub gold production ambitions appear to be fast becoming reality, setting the stage for a potentially transformational 2027 as the company looks to establish itself as a serious new force in WA’s gold sector.Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.0","shortVersion":"4.52.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2675557479","isCrawlerRequest":true}