Forgent completes first phase of Peak Hills drilling

(Sharecast News) - Forgent said on Tuesday that it had completed the first phase of drilling at its Peak Hills gold-copper project in Western Australia, testing high-priority targets across the Karalundi, Junction and Curleys prospects. The AIM-traded firm said the programme comprised 40 holes totalling about 2,680 metres, using aircore and reverse circulation drilling, with 1,587 samples submitted to an independent laboratory in Perth for assay.

Forgent holds a 51% interest in Peak Hills, with an option to increase ownership to 99%.

At 1011 BST, shares in Forgent were down 17.93% at 0.01p.

Reporting by Josh White for Sharecast.com.

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