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Forgent plc announced on 07 July 2026 the completion of its Phase 1 drilling programme at the Peak Hills gold-copper project in Western Australia. The programme comprised 40 drill holes for approximately 2,680 metres, from which 1,587 samples were submitted for assay. Forgent plc currently holds a 51% interest in the 163 km² project with an option to increase ownership to 99%.
| Date | 7 Jul 2026 |
| Time | 07:00:03 |
| Category | Corporate updates |
| ID | 3056L |
7 July 2026
Forgent plc
("Forgent" or the "Company")
Drilling Programme Completed at Peak Hills Gold-Copper Project
Forgent plc (AIM: FORG), the technology-led energy transition company, is pleased to announce that it has successfully completed the Phase 1 drilling programme at the Company's Peak Hills gold-copper project in Western Australia.
As previously announced, the Phase 1 programme was designed to test multiple high-priority targets across the Karalundi, Junction and Curleys prospects. The programme has focused on validation of historic exploration results, extension of known mineralisation and evaluation of additional mineralised zones across the broader project area, to advance the Company's understanding of the gold-copper potential at Peak Hills.
The programme comprised 40 drill holes for a total of approximately 2,680 metres, with drill depths of up to 100 metres. A combination of aircore ("AC") and reverse circulation ("RC") drilling techniques was utilised, with RC drilling employed where hard ground conditions prevented effective aircore drilling. 1,587 samples, a combination of 3m composite and single metre samples from the drilling programme have been submitted to a Perth-based independent laboratory for assay. The Company will provide a further update once assay results have been received and interpreted.
About the Peak Hills Project
The Peak Hills project is a large-scale gold and copper exploration project covering approximately 163 km² across five granted tenements in Western Australia. Forgent currently holds a 51% interest in the project with the option to increase ownership to 99%.
For further information on Forgent plc, visit the Company's website www.forgentplc.com
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: [email protected]
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.