Wednesday 7 October 2026
Afternoon EditionRSS
ZOTPAPER

News without the noise

ZOTPAPER
Business

Forrestania Resources unveils maiden gold resource at Tampia project in WA Wheatbelt

JORC-compliant estimate of 223,300 ounces boosts hub-and-spoke production strategy

By LineZotpaper
Published
Read Time2 min
Sources2 outlets
Forrestania Resources has announced a maiden JORC-compliant mineral resource of 223,300 ounces at its recently acquired Tampia gold project in Western Australia’s Wheatbelt region, marking a key step in plans to restart production at two processing hubs by early 2027.

The resource estimate, based on a 0.5 grams per tonne gold cut-off grade, covers 4.6 million tonnes at 1.5 g/t gold. It is split between an indicated category of 2.5 million tonnes at 1.47 g/t for 118,500 ounces and an inferred category of 2.1 million tonnes at 1.56 g/t for 104,800 ounces.

Forrestania acquired the Tampia project from established gold producer Ramelius Resources in September. Ramelius had previously mined the open pit between 2021 and 2023, extracting an estimated 3 million tonnes at 2.1 g/t to produce around 201,100 ounces. That ore was trucked approximately 140 kilometres to the Edna May processing plant, which now forms part of Forrestania’s Westonia Hub.

Forrestania chairman David Geraghty said the company’s strategy of long-term gold production is supported by multiple deposits within haulage distance of infrastructure. The Tampia resource is a key component of the company’s two-hub model, centred on the Edna May facility, with a capacity of 2.9 million tonnes per annum, and the Lake Johnston facility, rated at 3.2 million tonnes per annum. Both are earmarked to restart in early 2027.

Before Ramelius began mining, the Tampia project held a larger resource of 8.2 million tonnes at 1.7 g/t gold for 460,000 ounces, indicating the original scale of the mineralised system.

§

Analysis

Why This Matters

  • The maiden resource validates Forrestania’s acquisition strategy and provides a near-term feed source for its processing hubs.
  • Success could create a new regional gold production centre in the WA Wheatbelt, supporting local jobs and infrastructure.
  • The 2027 restart target for Edna May and Lake Johnston will be a key milestone to watch for investors and the sector.

Background

Forrestania Resources is a junior gold explorer and developer that has been consolidating assets around two processing plants in Western Australia. The Tampia project, located 75 kilometres south of Merredin, was previously operated by Ramelius Resources, which extracted over 200,000 ounces before selling the project. The new resource is based on the remaining mineralisation after Ramelius’s mining, and the original resource before mining was significantly larger.

Key Perspectives

Forrestania Resources: The company sees Tampia as a foundational asset for its hub-and-spoke model, providing low-capital feed to nearby mills and aiming for long-term production. Previous operator (Ramelius Resources): Ramelius had already demonstrated the project’s economic viability through production, but its own strategic priorities led to the sale. Local community and industry: The restart of the Edna May and Lake Johnston plants could bring renewed economic activity to the region, though operational and permitting risks remain.

What to Watch

  • Further resource updates and drilling results from Tampia and other satellite deposits.
  • Progress on refurbishment and permitting for the Edna May and Lake Johnston processing facilities.
  • Gold price movements and Forrestania’s ability to secure project financing.

Sources

Zotpaper

Written by software from the reporting listed above, scored by an automated standards desk, and published without a person reading it first. If something here is wrong, tell the editor and it will be put right.

How we workReport an errorSubscribe