Forrestania Resources has secured a series of operational and supply agreements as it advances restart readiness at its newly acquired Edna May Gold Project and develops a two-hub processing strategy in Western Australia.
The latest agreements come days after Forrestania completed its acquisition of Edna May from Ramelius Resources on 4 September for $210 million in cash and 225 million Forrestania shares valued at $90 million. The acquisition gave Forrestania a second strategic processing hub alongside Lake Johnston.
Forrestania has now signed a framework agreement with SGS Australia for laboratory services across both sites, including a pathway towards future on-site laboratory capability. A separate agreement with Campbell Gold Haulage establishes a framework for transporting ore into the two processing hubs and supporting future regional ore sourcing opportunities.
At Lake Johnston, Forrestania has entered a five-year sodium cyanide supply agreement with Orica Australia beginning in 2027. The agreement forecasts annual supply of approximately 1000 tonnes and a minimum contracted volume of 5000 tonnes over its initial term.
Restart preparations are also progressing at Edna May, where replacement SAG mill and ball mill liners have been ordered for delivery in November. Forrestania has also ordered grinding media and activated carbon for the facility’s grinding and gold recovery circuits.
The company has separately entered an ore purchase agreement with First Au covering up to 2 million tonnes of third-party ore over 24 months. Ore parcels are expected to range from 50,000–150,000 tonnes and can be processed at either Edna May or Lake Johnston at Forrestania’s election.
Forrestania executive chairman David Geraghty said the company was making progress following the Edna May acquisition.
“Across our business we are securing the critical ingredients required for successful operations, including ore supply opportunities, laboratory capability, haulage capacity, reagent supply arrangements, mill liners and processing consumables,” Geraghty said.
“With these foundations progressively being put in place, Forrestania is continuing to advance restart readiness activities while building the operational platform required to support long-term utilisation of the Lake Johnston and Edna May processing hubs.”