Green Rock Advances Towards Maiden Drilling
Summary by AI BETAClose X
9 November 2026
Forgent plc
("Forgent" or the "Company")
Green Rock Advances Towards Maiden Copper-Gold Drilling
Heritage notice lodged with YMAC ahead of proposed 10-hole RC programme
Forgent plc (AIM: FORG), the Australian-focused critical and precious metals explorer, is pleased to announce that it has provided a heritage notice to Yamatji Marlpa Aboriginal Corporation (YMAC) to request heritage clearance at its 99%-owned Green Rock copper-gold project in Western Australia ahead of a proposed maiden reverse circulation (“RC”) drilling programme. The heritage notice sets out the work programme Forgent would like to undertake, and YMAC will now assess whether a heritage survey is required before drilling is undertaken.
The proposed programme has been developed following interpretation of historical exploration data, including historical drilling results of 1m at 14.1% Cu with gold to 1.1g/t Au at Green Rock, and Forgent’s 2026 surface sampling, which returned selected rock-chip samples up to 54.5% Cu with gold to 1.47g/t Au at Ming Bore North, and follow-up sampling assayed up to 29.4% Cu and 4.8g/t Au. The rock-chip results are selective in nature and may not be representative of mineralisation across the project.
Subject to completion of the required heritage clearance and confirmation of access to the proposed drill locations, receipt of all other required regulatory approvals, and funding requirements, Forgent intends to progress to an initial RC programme of approximately 10 holes targeting the highest-priority copper mineralisation identified to date.
The preliminary programme comprises up to approximately 1,200 metres of drilling, with holes planned to a nominal maximum depth of 120 metres and focused principally on areas associated with rock-chip copper grades above 1%.
The drilling is currently expected to focus on three target areas:
East
Four RC holes are proposed at the East target, where the current interpretation indicates multiple parallel mineralised lodes extending over approximately 200 metres of strike and broadly sub-parallel to the local stratigraphy.
Historical trenching was undertaken in this area, although assay results from that work are not currently available.
Central
Five RC holes are proposed at the Central target, where the current interpretation indicates at least two parallel mineralised lodes sub-parallel to stratigraphy.
The proposed holes have been angled to test the interpreted structures while seeking to minimise the requirement for earthworks.
North
One initial RC hole is proposed at the North target to test the interpreted mineralised structure at depth.
The North area is also interpreted to contain at least two parallel prospective lodes.
Historical context and drill orientation
Based on historical drilling in the nearby Minga area, the mineralised lodes are currently interpreted to dip approximately 80 degrees to the north. This interpretation has informed the orientation of the proposed maiden drill holes.
The proposed collars have been positioned, where practicable, in apparently accessible and relatively flat areas to minimise ground disturbance. Final accessibility and collar locations will be confirmed through the heritage clearance process and alternative drill positions may be required where access constraints are identified.
No modern systematic drilling has yet been completed at Green Rock.
Green Rock is located in the Ashburton Mineral Field of the southern Pilbara region of Western Australia and covers approximately 31.5km². The project hosts five identified copper-gold prospects.
Further announcements will be made as the heritage and drilling programme advances.
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: +44 20 3757 4980
Email: forgent@camarco.co.uk
Notes to Editors
Forgent plc is an Australian-focused critical and precious metals exploration company focused on acquiring and advancing gold, copper and nickel assets with existing mineralisation, extensive historical datasets and clear pathways to value creation, supported by an experienced management and technical team.
The Company is strategically positioned to benefit from structural demand for copper, gold and nickel, driven by electrification, data centre investment, electric vehicle adoption and gold’s continued role as a safe-haven asset and central bank reserve holding.
Forgent’s portfolio includes Peak Hill, an advanced gold-copper exploration project; an option over Mount Sholl, a nickel-copper-PGE project with a JORC-compliant resource and significant exploration target; and Green Rock, a copper-gold project with high-grade surface mineralisation.
Follow Forgent on:
LinkedIn: linkedin.com/company/forgentplc/
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.
Competent Person's Statement
The information in this announcement that relates to exploration results, mineral resources or ore reserves is based on information compiled by Mr Edward Mead, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mead is a consultant to the Company. Mr Mead has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code). Mr Mead consents to the inclusion of this information in the form and context in which it appears in this announcement.
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