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Mining & Metals Commodities Forgent

Forgent schedules Peak Hills drilling to start in June

Itwill begin an approximately 2,860-metre aircore drilling programme at its Peak Hills gold-copper project in the week commencing 21 June, targeting seven priority areas with initial assays due in early August.

by tickstock newsroom
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Forgent (AIM:FORG), the technology-led energy transition company, will start an aircore drilling campaign at its Peak Hills gold-copper project in Western Australia in the week commencing 21 June after receiving Programme of Work approval.

The Phase 1 programme has been finalised at roughly 42 drill holes to a maximum depth of 100 metres, covering approximately 2,860 metres across seven high‑priority targets at Karalundi, Junction and Curley's to validate historic gold and copper mineralisation and test potential extensions.

"With the permitting and drilling programme planning now complete, we are delighted to be moving at pace, with drilling scheduled to start within two weeks," James Parsons, CEO of Forgent, said.

Drilling is expected to run for approximately three weeks subject to operational and weather conditions, with samples submitted for laboratory analysis on completion and initial results expected in early August 2026.

The Peak Hills project covers approximately 163 km² across five granted tenements in Western Australia, where Forgent currently holds a 51% interest with an option to increase to 99%.

Peak Hills represents Forgent's first active drilling campaign as part of its Australian critical and precious metals strategy and is the company's initial step into on‑ground exploration in the region.

by tickstock newsroom