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Forrestania signs gold ore sale agreement with Karora
Yahoo Finance· 2026-02-19 13:11
Forrestania Resources has signed a binding ore purchase agreement with Karora, a fully owned subsidiary of Westgold Resources, to sell ore from its Gibraltar Gold Project, marking the company's transition to gold production. Under the terms of the agreement, Westgold will initially purchase approximately 150,000 dry tonnes of ore, with options to buy up to three additional parcels of 200,000 dry tonnes each, totalling up to 750,000 dry tonnes. A commencement payment of A$2m ($1.41m) will be made once ce ...