Future Battery Minerals Uncovers Thick High-Grade Gold at Forrest Prospect
Future Battery Minerals Ltd has reported impressive Phase 1 drilling results at its Miriam Project in Western Australia, revealing thick, high-grade gold intercepts at the Forrest prospect that exceed expectations and open new exploration avenues.
- Phase 1 drilling at Forrest prospect yields thick, high-grade gold intercepts
- Best intercept, 33m at 1.57 g/t Au including 16m at 3.10 g/t Au
- Discovery of new primary fresh rock gold lodes extending mineralisation
- Assay results pending for 11 holes at nearby Canyon prospect
- Phase 2 drilling planned to expand Forrest and regional targets with strong funding
Strong Start at Forrest
Future Battery Minerals Ltd (ASX, FBM) has delivered a promising update from its Phase 1 Reverse Circulation drilling campaign at the Miriam Project, situated in the prolific Coolgardie Goldfields of Western Australia. The initial batch of assay results from 10 holes drilled exclusively at the Forrest prospect have surpassed expectations, revealing thick zones of high-grade gold mineralisation within shallow oxidised rock.
The standout intercept came from hole FGRC004, which returned 33 metres at 1.57 grams per tonne gold from 35 metres downhole, including a higher-grade section of 16 metres at 3.10 grams per tonne. This result not only confirms historical gold lodes but also extends known mineralisation significantly westward, highlighting the prospect’s potential to grow along strike both north and south.
Fresh Rock Lodes and Open Mineralisation
Beyond the oxide zones, the drilling program uncovered new primary fresh rock gold lodes in the southwest extension of Forrest. Hole FGRC003 intercepted 12 metres at 1.56 grams per tonne gold from 75 metres, including a high-grade 1 metre interval at 5.21 grams per tonne. These fresh rock discoveries are particularly encouraging as they suggest mineralisation continues at depth, an area that remains open and ripe for further exploration.
Additional infill drilling results have reinforced the thickness and grade of the shallow oxide zones, with multiple intercepts exceeding historical data. The mineralised system at Forrest remains open in multiple directions, offering substantial upside potential as Future Battery Minerals refines its geological model and targets extensions.
Looking Ahead, Canyon and Phase 2 Drilling
While the Forrest results are compelling, the company is awaiting assay results from 11 holes drilled at the nearby Canyon prospect, located 1.5 kilometres south. Canyon represents a high-priority target due to its location on the same sheared contact as Forrest and strong soil gold anomalies. These results are expected within weeks and could further enhance the project’s outlook.
With a robust cash position of A$6.4 million and zero debt as of June 2025, Future Battery Minerals is well positioned to advance its exploration agenda. The company plans to commence a Phase 2 drilling program following the receipt of all Phase 1 assay results. This next phase aims to extend mineralisation at Forrest and test other regional prospects including Canyon, Jungle, and Forrest South.
Strategic Position in a Proven Gold Belt
The Miriam Project lies within the infrastructure-rich Eastern Goldfields, a region known for hosting significant gold deposits such as Horizon Minerals’ Burbanks and Focus Minerals’ Coolgardie operations. This strategic location offers logistical advantages and proximity to established mining hubs, enhancing the commercial potential of any discoveries.
Future Battery Minerals’ methodical approach, combining historical data review with modern drilling and assay techniques, is already yielding tangible results. The company’s leadership team, with proven exploration and development expertise, is focused on unlocking the full value of the Miriam tenure.
Bottom Line?
As assay results from Canyon loom and Phase 2 drilling plans firm, Future Battery Minerals is poised to deepen its foothold in Western Australia’s goldfields.
Questions in the middle?
- What will the Canyon prospect assays reveal about regional gold potential?
- How will single metre assay results refine the understanding of mineralisation at Forrest?
- What scale of resource expansion can Phase 2 drilling achieve across Miriam’s prospects?
