-- Forrestania Resources (ASX:FRS) welcomed the Supreme Court of Western Australia's refusal of an application by Classic Minerals for a summary judgment related to the dispute concerning the validity of tenements held by Hyden Project Holdings, according to a Thursday Australian bourse filing.
The firm executed an option to acquire 100% of Hyden Project Holdings in August 2025. Forrestania is not a direct party to the legal case.
Forrestania intends to immediately progress and exercise its option in relation to the Hyden project. It also plans to exercise the option to acquire the Lady Magdalene & Lady Ada project.