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RNS Number : 1195X FORGENT PLC 18 March 2026
18 March 2026
Forgent plc
("Forgent" or the "Company")
Exploration Team mobilises for Maiden Field Programme at Green Rock Copper-Gold Project
Drilling targeted in August 2026
Forgent plc (AIM: FORG), the technology-led energy transition company,
announces that its exploration team will mobilise to site over the coming
weekend to commence the Company's maiden field programme at the Green Rock
Copper-Gold Project in Western Australia.
The mobilisation follows the Company's recently announced acquisition of a 99%
interest in the Green Rock Project, located in the Ashburton Basin in the
southern Pilbara region of Western Australia.
Historical exploration at Green Rock has identified high‑grade copper and
gold mineralisation at surface, including reported grades of up to 46.7%
copper and 5.31 g/t gold associated with structurally controlled
mineralisation across multiple prospects within the project area.
The upcoming programme represents the commencement of a systematic field
campaign at the project, designed to validate and extend on historical data
and define potential drill targets.
Programme Objectives
· Validate previously reported high‑grade copper-gold rock-chip
samples
· Undertake systematic infill sampling between historical sample
locations
· Test strike extensions of known mineralised zones
· Determine the orientation and structural controls of copper-gold
mineralisation
· Generate priority targets for potential drilling
Planned Activities
The exploration team will undertake systematic rock-chip sampling across four
priority target areas: Minga Central/West, Green Hat, K16 South and Minga
North. The programme includes infill and validation sampling of historical
high‑grade copper-gold results as well as stream sediment sampling across
surrounding drainage systems to identify potential strike extensions and
additional mineralised trends.
All samples from the programme will be submitted for multi‑element
laboratory analysis including copper and gold assays.
Next Steps
Results from the programme will be used to refine the geological model for the
Green Rock project and prioritise targets for follow‑up drilling. Maiden
drilling is currently targeted for August 2026. Further updates will be
provided once the field programme is completed.
James Parsons, CEO of Forgent, said:
"The mobilisation of our exploration team to Green Rock marks an important
operational milestone for Forgent as we begin our maiden field programme at
what we believe is a highly prospective copper-gold project. This work is
intended to validate historical high-grade results, improve our geological
understanding of the asset and support drill targeting ahead of a potential
maiden drilling campaign in August 2026."
For further information on Forgent plc, visit the Company's website
www.eqtec.com (https://eqtec.com/) or contact:
ENQUIRIES
FORGENT plc investors@forgentplc.com
James Parsons
Strand Hanson - Nomad & Financial Adviser +44 20 7409 3494
James Harris / Richard Johnson
Global Investment Strategy UK Ltd - Broker +44 20 7048 9045
Christopher Kipling
Samantha Esqulant
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