Outstanding shallow gold results at Curley's

Forgent

05/11/2026 07:00

RNS Number : 8686B
  
Forgent PLC
  
05 November 2026
  
 



5 November 2026


Forgent plc
("Forgent" or the "Company")


Outstanding shallow gold results at central Curley's


Two holes return 7m gold intersections at average of 2.32g/t and 1.05g/t with individual assays up to 4.32g/t; c. 55-hole follow-up programme starts this weekend


 


Forgent plc, the Australian-focused critical and precious minerals explorer, is delighted to announce very encouraging gold assays at shallow depth from multiple neighbouring drill holes at central Curley’s prospect within its Peak Hill project in Western Australia, where 30 holes totalling 1,406m were completed. As a result, Forgent will initiate immediate development drilling at Central Curleys. 


Highlights



Gold assays from 5 metres downhole across multiple neighbouring holes strengthen considerably the central Curley’s exploration opportunity. Led by primary one-metre gold assays of up to 4.32g/t in CAC010 and 4.10g/t in CAC003, with 3.71g/t, 1.88g/t and 1.49g/t in other neighbouring holes. 


Strong grades are complemented by multi-metre gold bearing intervals including two seven metre gold bearing intervals from two drill holes:



-          7m averaging 2.32g/t gold from 26m in CAC010, including 1m at 4.32g/t from 28m, and 


-          7m averaging 1.05g/t from 49m at CAC011 including 1m at 3.63g/t from 50m.  



Also 1m at 1.49g/t from 7m in CAC009 and 4m averaging 0.63g/t from 26m in CAC002, together with additional gold occurrences recorded in CAC001 and CAC003–CAC008. All 12 closely spaced drill holes at central Curley’s returned gold bearing intervals.




The distribution of the central gold-bearing intersections provides further support for the working interpretation of an approximately east–west mineralised trend with the structure dipping northwards.


The rig returns to site in the coming days to drill approximately 51 development holes at central Curley’s on 20x20m, 40x40m and 80x80m grids and an additional four deeper holes in Northern Curleys, after which drilling at Cathedral will likely continue.



 


James Parsons, Chief Executive Officer, commented:


“These are outstanding exploration results for central Curley’s and a significant step forward for Forgent’s exploration-led strategy. The combination of gold intercepts at shallow depths occurring in multiple adjacent drill holes substantially strengthens our confidence in the opportunity.


We are responding immediately by expanding, again, Phase II. The next drilling will test the connections between these intersections and investigate how far the mineralisation extends, both along the interpreted trend and at depth.


Our ambition is to turn this exploration momentum into an accelerated route towards a maiden JORC Mineral Resource. The revised programme is designed to establish whether the geological and grade continuity support that next step.”


Curley’s Phase II programme


The Curley’s Phase II drilling covered by this announcement comprises:




Programme component




Holes




Metres drilled





Wider-spaced drilling: PKAC043–PKAC060




18




710m




Close-spaced central drilling: CAC001–CAC012




12




696m




Total Curley’s Phase II




30




1,406m



 


The close-spaced drilling investigated the central target around the Phase I gold occurrences, while the wider-spaced holes tested the surrounding area. The samples were analysed by Jinning Pty Ltd in Perth.


Central Curley’s results


The central drilling returned gold-bearing intervals in multiple holes. Significant results are summarised below. 




Hole




Total depth




Significant gold results — downhole lengths





CAC001




50m




3m averaging 0.22g/t from 40m, including 1m at 0.25g/t from 42m.




CAC002




40m




4m averaging 0.63g/t from 26m, including 1m at 1.88g/t from 26m.




CAC003




65m




1m at up to 4.10g/t from 22m. 




CAC004




65m




1m at 3.71g/t from 50m; Separate 1m intervals at 0.63g/t from 40m and 0.53g/t from 42m.




CAC005




65m




1m at 0.22g/t from 59m, followed by 1m at 0.21g/t from 60m.




CAC006




50m




1m at 0.29g/t from 12m.




CAC007




50m




1m at 0.37g/t from 7m and a separate 1m at 0.33g/t from 24m.




CAC008




65m




1m at 0.55g/t from 29m.




CAC009




65m




5m averaging 0.65g/t from 5m, including 1m at 1.49g/t from 7m.




CAC010




66m




7m averaging 2.32g/t from 26m, including 1m at 4.32g/t from 28m. Additional 2m at 1.15g/t from 44m and 1m at 1.40g/t from 49m.




CAC011




65m




7m averaging 1.05g/t from 49m, including 1m at 3.63g/t from 50m.




CAC012




50m




2m averaging 0.88g/t from 26m



 


CAC010’s seven-metre intersection comprises individual primary gold grades of 0.86g/t, 0.96g/t, 4.32g/t, 3.84g/t, 1.04g/t, 3.47g/t and 1.83g/t. 


Phase I reference results


PKA040 returned 2m at 3.68g/t gold from 50m, including 1m at 5.83g/t from 51m. Separate intervals in PKA040 included 3m at 0.99g/t from 39m and 3m at 0.37g/t from 30m.


CAC004 provides a useful comparison with PKA040, containing gold-bearing samples around 40m and a stronger one-metre interval at 50m. 


Wider-spaced and northern drilling


The wider-spaced drilling, including the northern area, did not provide significant gold intersections, and has led to a change in interpretation of mineralisation. The latest working geological interpretation suggests that mineralised structures strike east-west, and dip northwards and therefore are interpreted to deepen beneath the northern area drill holes that were recently drilled.  Historical drilling recorded gold-bearing intervals below 100m downhole in the northern part of Curley’s and the Company therefore now believes drill holes were terminated above the projected mineralised horizon.  The Company is planning four deeper holes to test that projected mineralised horizon down dip.


Further revision to Phase II and next steps 


Phase II continues, with the rig back on site this weekend. The immediate priority is roughly 55 new holes with 51 at central Curley’s (including approximately 30 holes on a 20x20 metre grid, 15 holes on a 40x40 metre grid and 6 holes on an 80x80 metre grid) and 4 at Northern Curley’s.  Once the new holes are drilled the rig will likely return to continue the programme at Cathedral.


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


 


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 Rocks, a copper-gold project with high-grade surface mineralisation.


Follow Forgent on:


LinkedIn: linkedin.com/company/forgentplc/ 


X:  X.com/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.


 






Figure 1: Central Curley’s significant results and planned drill holes following mineralisation to the east and west. Drill holes completed to the north were likely not drilled deep enough to intersect mineralisation. The interpretation of mineralisation has evolved from a northwest-southeast orientation, plunging/dipping to the northeast, to an east-west orientation plunging/dipping to the north.


 



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