business
Forrestania Resources to acquire Midas Minerals
Key takeaways
- The overall project area encompasses approximately 212km².
- The company will gain rights to both wholly owned and joint venture interests through the acquisition.
- Under the terms of the agreement, Forrestania will acquire a portfolio comprising 10 granted mining and exploration tenements.
Forrestania Resources to acquire Midas Minerals. The overall project area encompasses approximately 212km². Credit: Parilov/Shutterstock.com. · Mining Technology · Parilov/Shutterstock.com. Shree Mishra Tue, May 26, 2026 at 6:12 PM GMT+7 2 min read FRS.AX GC=F MM1.AX Forrestania Resources has signed a binding heads of agreement to acquire all shares in Midas Minerals (Newington), a subsidiary of Midas Minerals, which owns a collection of gold tenements in Western Australia.
The company will gain rights to both wholly owned and joint venture interests through the acquisition.
Under the terms of the agreement, Forrestania will acquire a portfolio comprising 10 granted mining and exploration tenements.
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