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Story summary
- Forrestania Resources secured rights to purchase and process two million tonnes of ore from MEGA.
- Agreement prices ore at $155 per tonne for 1.43 g/t gold with 91 % recovery.
- Forrestania may process ore at Lake Johnston, whose refurbishment will finish by year-end, or at Edna May.
- Edna May upgrades add mill liners in November, preparing a 2027 restart.
- First Au signed a second two-million-tonne ore deal for its Gimlet project.