RE: DING DING ROUND 2 π π π10 Jun 2026 13:37
READ THIS...and let it sink in...
Forgent plc (AIM: FORG), the technology-led energy transition and natural resources platform, notes that it has been informed by the current operator of the Peak Hill gold - copper project (the "Project"), over which the Company holds an option, of a recent and notable increase in third-party prospecting activity across the license area.
The operator has advised that it has received a significant number of Section 40E notifications relating to prospecting activity over the Project area. These notifications, submitted by individual prospectors, provide formal authorisation for prospecting access and are typically observed in areas considered prospective for nugget-style gold mineralisation.
While these notifications do not constitute geological data or formal exploration results, the Company notes that such activity is generally concentrated in areas where prospectors believe there to be favourable conditions for gold discovery. The increase in notifications is therefore considered by the operator to reflect heightened third-party interest in the Project.