Green Rocks Exploration Results
Summary by AI BETAClose X
15 June 2026
Forgent plc
("Forgent" or the "Company")
Green Rocks Exploration Results
Bonanza Grades up to 29.4 % Copper, and Gold Grades up to 4.8 g/t Identified
Forgent plc (AIM: FORG), the technology-led energy transition company, is pleased announce the assay results of its maiden field programme at the Green Rocks Copper-Gold project located in the Ashburton Basin, northwest Western Australia (Figure 1).
Highlights
· A maiden surface sampling program was completed over the Green Rocks Project area during April 2026, with multi-element assays received for 110 samples.
· 22 samples reported >5% Cu and 25 samples returned >0.3g/t Au (Table 1).
· The results have validated historic sampling and extended the known extent of outcropping mineralisation in multiple directions.
· Widespread high-grade copper mineralisation has been identified proximal to interpreted faults, dyke margins and structural intersections. Extensive malachite (copper mineral) development was noted at surface with exceptional grades of up to 29.4% Cu and 4.80 g/t Au (Figures 2 and 3).
· Selected significant results from the sampling program include:
|
o 29.4 % Cu (GR0084) |
o 13.1 % Cu (GR0012) |
|
o 26.8 % Cu (GR0079) |
o 11.9 % Cu (GR0119) |
|
o 27.2 % Cu (GR0085) |
o 10.7 % Cu (GR0010) |
|
o 23.8 % Cu (GR0080) |
o 10.5 % Cu (GR0026) |
|
o 20.8 % Cu (GR0040) |
o 4.80g/t Au (GR0023) |
|
o 16.2 % Cu (GR0116) |
o 1.40g/t Au (GR0026) |
|
o 15.2 % Cu (GR0041) |
o 1.10g/t Au (GR0040) |
|
o 14.8 % Cu (GR0011) |
|
· Multiple undrilled high-grade prospects have been further identified and prioritised.
· These latest assay results will be used in conjunction with historic results and the interpreted regional structural setting, to inform an updated geological model and maiden drilling programme.
Next Steps
The Company will now design a maiden drilling programme and submit a Program of Work (PoW) to the Department of Mines Petroleum and Exploration (DMPE), in conjunction with other approvals that relate to heritage surveys. Further technical updates will be provided following receipt of all required approvals.
James Parsons, CEO of Forgent plc, commented:
"We are delighted with the results. Grade is one of the key drivers of exploration success and this maiden field programme has confirmed exceptional copper and gold grades at Green Rocks. Importantly, these results have validated historic data, expanded the known surface mineralisation and identified multiple undrilled targets.
The next step is to drill test these outcropping zones along strike and better understand the widths and continuity of the mineralisation. This will involve heritage surveys and submission of a Programme of Work to DMPE. We look forward to updating shareholders as work progresses."
About the Green Rocks project
The Green Rocks Project is located within the Ashburton Mineral Field in the southern Pilbara region of Western Australia. The Project lies approximately:
· 160 km west of Paraburdoo
· 170 km west of Tom Price
· ~35 km southwest of the Paulsens Gold Mine (Black Cat Syndicate Ltd, ASX:BC8)
Access is via the sealed North Western Coastal Highway to Nanutarra Roadhouse, followed by established dirt roads and station tracks.
Topography comprises low hills trending NW-SE with elevation variations of up to 100m. Vegetation is dominated by spinifex with scattered acacia and eucalypts along drainage lines.
Figure 1: Project location map.
Figure 2: Green Rocks Copper results with interpreted geology and significant results
Figure 3: Green Rocks Gold results with interpreted geology and significant results.
|
Sample_ID |
Cu (%) |
Sample_ID |
Au (g/t) |
|
GR0084 |
29.4 |
GR0023 |
4.8 |
|
GR0079 |
26.8 |
GR0026 |
1.4 |
|
GR0085 |
27.2 |
GR0040 |
1.1 |
|
GR0080 |
23.8 |
GR0037 |
0.857 |
|
GR0040 |
20.8 |
GR0079 |
0.767 |
|
GR0116 |
16.2 |
GR0085 |
0.747 |
|
GR0041 |
15.2 |
GR0041 |
0.716 |
|
GR0011 |
14.8 |
GR0118 |
0.713 |
|
GR0012 |
13.1 |
GR0011 |
0.638 |
|
GR0119 |
11.9 |
GR0083 |
0.622 |
|
GR0010 |
10.7 |
GR0080 |
0.602 |
|
GR0026 |
10.5 |
GR0116 |
0.584 |
|
GR0087 |
9.5 |
GR0084 |
0.579 |
|
GR0017 |
9.3 |
GR0117 |
0.541 |
|
GR0117 |
8.9 |
GR0071 |
0.494 |
|
GR0054 |
8.6 |
GR0010 |
0.486 |
|
GR0022 |
7.7 |
GR0031 |
0.472 |
|
GR0031 |
6.9 |
GR0093 |
0.471 |
|
GR0035 |
6.2 |
GR0050 |
0.454 |
|
GR0029 |
5.3 |
GR0119 |
0.45 |
|
GR0061 |
5.3 |
GR0025 |
0.439 |
|
GR0025 |
5.2 |
GR0012 |
0.428 |
|
|
|
GR0069 |
0.359 |
|
|
|
GR0087 |
0.327 |
|
|
|
GR0054 |
0.311 |
Table 1: Green Rocks assay results above 5% Cu and 0.3 g/t Au.
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 has been announced 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 10 minutes ago M&G
- 19 minutes ago Frasers Group
- 25 minutes ago BT Group
- 37 minutes ago CLS Holdings
- 45 minutes ago British American Tobacco