Drilling Underway at Peak Hills Project

Summary by AI ^BETAClose X

Forgent plc has commenced its maiden drilling program at the Peak Hills gold-copper project in Western Australia, a 163 km² area across five granted tenements where the company holds a 51% interest with an option to increase to 99%. Initial results from this exploration initiative are anticipated in early August 2026, which could provide significant updates on the project's potential.

Disclaimer*

Forgent PLC

22 June 2026

Forgent plc
("Forgent" or the "Company")

Drilling Underway at Peak Hills Gold-Copper Project

Forgent plc (AIM: FORG), the technology-led energy transition company, is pleased to announce that the Company's maiden drilling programme is underway at the Peak Hills gold-copper project in Western Australia. The Company expects initial results to be received and reported in early August 2026.

About the Peak Hills Project

The Peak Hills project is a large-scale gold and copper exploration project covering approximately 163 km² across five granted tenements in Western Australia. Forgent currently holds a 51% interest in the project with the option to increase ownership to 99%.

For further information on Forgent plc, visit the Company's website www.forgentplc.com or contact:

ENQUIRIES

FORGENT plc
James Parsons
c/o Camarco

Strand Hanson - Nomad & Financial Adviser
James Harris / Richard Johnson
Tel: +44 20 7409 3494

Global Investment Strategy UK Ltd - Broker
Christopher Kipling / Samantha Esqulant
Tel: +44 20 7048 9045

Camarco - Financial PR
Billy Clegg / Georgia Edmonds / Fergus Young
Tel: 0203 757 4980
Email: forgent@camarco.co.uk

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, and is disclosed in accordance with the Company's obligations under Article 17 of that Regulation.

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