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- Forrestania Resources’ (FRS) Chief Executive Officer tenders his resignation
- Angus Thomson cited personal reasons for the decision, after less than a year in the role
- Forrestania noted Mr Thomson leaves the company in a strong financial position, with an active drilling program currently underway at the Forrestania lithium project in WA
- As a result of the move, Forrestania’s Chairman John Hannaford will step into the CEO role on an interim basis while the hunt for a full-time replacement gets underway
- Forrestania is down 8.33 per cent to close at 22 cents
Forrestania Resources’ (FRS) Chief Executive Officer has tendered his resignation.
Angus Thomson cited personal reasons for the decision, after less than a year in the role.
As a result of the move, Forrestania’s Chairman John Hannaford will step into the CEO role on an interim basis while the hunt for a full-time replacement gets underway.
The company said it thanks Mr Thomson for his service to the company and wishes him well in his future endeavours.
Forrestania noted Mr Thomson leaves the company in a strong financial position, with an active drilling program currently underway at the Forrestania lithium project in Western Australia.
The flagship project is considered prospective for gold, lithium and nickel, with a contractor now mobilised to site for drilling at the Bounty East and Gem Mine targets.
The maiden reverse circulation program is scheduled to drill roughly 1500 metres and follows a heritage survey of the area.
Forrestania was down 8.33 per cent to close at 22 cents.
