Announcement • Jul 27
Forgent plc Reports Strong Gold Assay Results and Identifies New Exploration Corridor At Peak Hill Forgent plc announced encouraging gold assay results from its maiden drilling programme at the Peak Hill Gold-Copper Project in Western Australia, which has validated the Company's exploration model, confirmed multiple shallow gold systems and identified a significant new exploration corridor that has the potential to materially increase the scale of the project. Phase 2 drilling will commence in August 2026 to test this new target. Confirmed gold across multiple priority targets, with selected significant intercepts including: PKA040 - 2m @ 3.68g/t Au from 50m; PKA010 - 1m @ 3.11g/t Au from 44m; PKA030 - 1m @ 2.51g/t Au from 26m; PKA041 - 3m @ 0.60g/t Au from 24m; PKA036 - 3m @ 0.54g/t Au from 96m; PKA024 - 1m @ 0.52g/t Au from 29m; PKA019 - 3m @ 0.51g/t Au from 54m. Validated the Company's geological model. Materially de-risked the Peak Hill project. Identified a significant new undrilled exploration corridor which exhibits favourable structure, magnetic complexity and lithological controls. Accelerated phase 2 drilling programme scheduled to commence August 2026. Peak Hill was acquired as an advanced exploration project with an extensive historical exploration database that had not previously been comprehensively reprocessed or retargeted using modern geological modelling and targeting techniques. Following a detailed review of the historical data, Forgent identified seven priority exploration target areas across the Karalundi, Junction and Curley's prospects. At Junction alone, four priority targets were identified where widely spaced historical drilling had outlined broad zones of near-surface orogenic gold mineralisation over strike lengths of up to approximately 800 metres. The Phase 1 drilling programme was designed to: Validate historical drilling results. Extend known mineralisation. Test interpreted structural targets. Evaluate additional mineralised zones generated through the Company's geological reinterpretation. The programme comprised 40 aircore holes for 2,680 metres and was completed during July 2026. Gold assays have now been received for all 1,587 submitted samples. The programme confirmed gold mineralisation across multiple target areas, successfully validating historical exploration results and strengthening confidence in the continuity of the shallow gold mineralisation along several interpreted structural corridors. Together with numerous additional anomalous gold intersections, these results materially reduce geological risk and support the potential for multiple shallow gold systems across the Peak Hill project. Peak Hill is located in an established Western Australian gold district with multiple operating processing plants within trucking distance, providing an attractive development setting should exploration continue to prove successful. In addition to confirming the Company's existing priority targets, interpretation of the Phase 1 drilling programme has highlighted a significant exploration target between the Junction and Curley's prospects. This area displays favourable structural complexity, magnetic anomalies and lies adjacent to an interpreted lithological boundary-features commonly associated with gold mineralisation in the district. Importantly, this corridor has the potential to connect two already mineralised areas and substantially increase the overall exploration footprint of the project. Despite its prospective geological setting, the corridor has seen little historical drilling and represents one of the highest priority exploration targets within the project. It will form a key component of the Company's Phase 2 drilling programme. Planning for the Phase 2 drilling programme is already underway and will be further refined with the multi element assays results when known, with drilling expected to commence during August 2026. The Phase 2 programme is expected to focus on: Extending gold mineralisation along strike and down dip at Junction and Curley's. Further infill drilling across the strongest mineralised zones. First-pass drilling of the newly identified Junction-Curley's target corridor. Advancing the project towards an initial Mineral Resource Estimate. Alongside continued work at Peak Hill, the Company also retains exposure to additional exploration catalysts across its broader Western Australian portfolio, at the Green Rocks Copper-Gold project and the Mount Sholl Nickel-Copper-PGE project option. 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. Announcement • Jul 10
Forgent plc, Annual General Meeting, Aug 06, 2026 Forgent plc, Annual General Meeting, Aug 06, 2026. Location: the offices of philip lee llp, connaught house, one burlington road, dublin 4, d04 c5y6, Ireland Announcement • Jul 07
Forgent PLC Completes Phase 1 Drilling Programme At Peak Hills Gold-Copper Project Forgent PLC has successfully completed the Phase 1 drilling programme at the Company's Peak Hills gold-copper project in Western Australia. 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. 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%. 